Global Generative AI in Legal Market 2025-2029

Description

List of Tables

The generative AI in legal market is forecasted to grow by USD 2,099 mn during 2024-2029, accelerating at a CAGR of 34.1% during the forecast period. The report on the generative AI in legal market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by intensifying pressure for operational efficiency and cost reduction, advancements in AI technology and increased accessibility, and explosion in volume and complexity of legal data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	31.9%
CAGR	34.1%
Incremental Value	$2,099 mn

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's generative AI in legal market is segmented as below:

By Technology

LLM
Natural language processing
Text-to-text generation
Prompt engineering platforms

By Application

Contract drafting and review
Legal research automation
Litigation support
Legal chatbots
Others

By End-user

Law firms
In-house legal departments
Courts
Academia

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the rise of vertical-specific and domain-tuned AI solutions as one of the prime reasons driving the generative AI in legal market growth during the next few years. Also, deep integration into existing professional workflows and establishment of formal governance and human-in-loop frameworks will lead to sizable demand in the market.

The report on the generative AI in legal market covers the following areas:

generative AI In Legal Market sizing
generative AI In Legal Market forecast
generative AI In Legal Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading generative AI in legal market vendors that include Counsel AI Corp., CS Disco Inc., Diligen Inc., Everlaw Inc., Icertis Inc., International Business Machines Corp., Ironclad Inc., Legalogic Ltd., LexisNexis Legal and Professional, LinkSquares Inc., Litera, Luminance Technologies Ltd., NetDocuments Software Inc., Open Text Corp., Relativity Global LLC, Reveal Data Corp., Robin AI Ltd., Themis Solutions Inc., Thomson Reuters Corp., and Wolters Kluwer NV. Also, the generative AI in legal market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR80854

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
5.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

6 Market Segmentation by Technology

6.1 Market segments
- Chart on Technology - Market share 2024-2029 (%)
- Data Table on Technology - Market share 2024-2029 (%)
6.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
6.3 LLM - Market size and forecast 2024-2029
- Chart on LLM - Market size and forecast 2024-2029 ($ million)
- Data Table on LLM - Market size and forecast 2024-2029 ($ million)
- Chart on LLM - Year-over-year growth 2024-2029 (%)
- Data Table on LLM - Year-over-year growth 2024-2029 (%)
6.4 Natural language processing - Market size and forecast 2024-2029
- Chart on Natural language processing - Market size and forecast 2024-2029 ($ million)
- Data Table on Natural language processing - Market size and forecast 2024-2029 ($ million)
- Chart on Natural language processing - Year-over-year growth 2024-2029 (%)
- Data Table on Natural language processing - Year-over-year growth 2024-2029 (%)
6.5 Text-to-text generation - Market size and forecast 2024-2029
- Chart on Text-to-text generation - Market size and forecast 2024-2029 ($ million)
- Data Table on Text-to-text generation - Market size and forecast 2024-2029 ($ million)
- Chart on Text-to-text generation - Year-over-year growth 2024-2029 (%)
- Data Table on Text-to-text generation - Year-over-year growth 2024-2029 (%)
6.6 Prompt engineering platforms - Market size and forecast 2024-2029
- Chart on Prompt engineering platforms - Market size and forecast 2024-2029 ($ million)
- Data Table on Prompt engineering platforms - Market size and forecast 2024-2029 ($ million)
- Chart on Prompt engineering platforms - Year-over-year growth 2024-2029 (%)
- Data Table on Prompt engineering platforms - Year-over-year growth 2024-2029 (%)
6.7 Market opportunity by Technology
- Market opportunity by Technology ($ million)
- Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
7.3 Contract drafting and review - Market size and forecast 2024-2029
- Chart on Contract drafting and review - Market size and forecast 2024-2029 ($ million)
- Data Table on Contract drafting and review - Market size and forecast 2024-2029 ($ million)
- Chart on Contract drafting and review - Year-over-year growth 2024-2029 (%)
- Data Table on Contract drafting and review - Year-over-year growth 2024-2029 (%)
7.4 Legal research automation - Market size and forecast 2024-2029
- Chart on Legal research automation - Market size and forecast 2024-2029 ($ million)
- Data Table on Legal research automation - Market size and forecast 2024-2029 ($ million)
- Chart on Legal research automation - Year-over-year growth 2024-2029 (%)
- Data Table on Legal research automation - Year-over-year growth 2024-2029 (%)
7.5 Litigation support - Market size and forecast 2024-2029
- Chart on Litigation support - Market size and forecast 2024-2029 ($ million)
- Data Table on Litigation support - Market size and forecast 2024-2029 ($ million)
- Chart on Litigation support - Year-over-year growth 2024-2029 (%)
- Data Table on Litigation support - Year-over-year growth 2024-2029 (%)
7.6 Legal chatbots - Market size and forecast 2024-2029
- Chart on Legal chatbots - Market size and forecast 2024-2029 ($ million)
- Data Table on Legal chatbots - Market size and forecast 2024-2029 ($ million)
- Chart on Legal chatbots - Year-over-year growth 2024-2029 (%)
- Data Table on Legal chatbots - Year-over-year growth 2024-2029 (%)
7.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
7.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

8 Market Segmentation by End-user

8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
8.3 Law firms - Market size and forecast 2024-2029
- Chart on Law firms - Market size and forecast 2024-2029 ($ million)
- Data Table on Law firms - Market size and forecast 2024-2029 ($ million)
- Chart on Law firms - Year-over-year growth 2024-2029 (%)
- Data Table on Law firms - Year-over-year growth 2024-2029 (%)
8.4 In-house legal departments - Market size and forecast 2024-2029
- Chart on In-house legal departments - Market size and forecast 2024-2029 ($ million)
- Data Table on In-house legal departments - Market size and forecast 2024-2029 ($ million)
- Chart on In-house legal departments - Year-over-year growth 2024-2029 (%)
- Data Table on In-house legal departments - Year-over-year growth 2024-2029 (%)
8.5 Courts - Market size and forecast 2024-2029
- Chart on Courts - Market size and forecast 2024-2029 ($ million)
- Data Table on Courts - Market size and forecast 2024-2029 ($ million)
- Chart on Courts - Year-over-year growth 2024-2029 (%)
- Data Table on Courts - Year-over-year growth 2024-2029 (%)
8.6 Academia - Market size and forecast 2024-2029
- Chart on Academia - Market size and forecast 2024-2029 ($ million)
- Data Table on Academia - Market size and forecast 2024-2029 ($ million)
- Chart on Academia - Year-over-year growth 2024-2029 (%)
- Data Table on Academia - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

9 Customer Landscape

9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

10.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
10.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
10.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
10.5 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
10.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
10.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
10.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
10.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
10.10 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
10.11 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
10.12 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
10.13 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
10.14 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
10.15 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
10.16 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
10.17 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
10.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

11 Drivers, Challenges, and Opportunity/Restraints

11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
11.4 Market opportunities/restraints

12 Competitive Landscape

12.1 Overview
12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
- Overview on factors of disruption
12.4 Industry risks
- Impact of key risks on business

13 Competitive Analysis

13.1 Companies profiled
- Companies covered
13.2 Company ranking index
- Company ranking index
13.3 Market positioning of companies
- Matrix on companies position and classification
13.4 Counsel AI Corp.
- Counsel AI Corp. - Overview
- Counsel AI Corp. - Product / Service
- Counsel AI Corp. - Key offerings
- SWOT
13.5 CS Disco Inc.
- CS Disco Inc. - Overview
- CS Disco Inc. - Product / Service
- CS Disco Inc. - Key offerings
- SWOT
13.6 Everlaw Inc.
- Everlaw Inc. - Overview
- Everlaw Inc. - Product / Service
- Everlaw Inc. - Key offerings
- SWOT
13.7 Icertis Inc.
- Icertis Inc. - Overview
- Icertis Inc. - Product / Service
- Icertis Inc. - Key offerings
- SWOT
13.8 International Business Machines Corp.
- International Business Machines Corp. - Overview
- International Business Machines Corp. - Business segments
- International Business Machines Corp. - Key news
- International Business Machines Corp. - Key offerings
- International Business Machines Corp. - Segment focus
- SWOT
13.9 Ironclad Inc.
- Ironclad Inc. - Overview
- Ironclad Inc. - Product / Service
- Ironclad Inc. - Key offerings
- SWOT
13.10 LexisNexis Legal and Professional
- LexisNexis Legal and Professional - Overview
- LexisNexis Legal and Professional - Product / Service
- LexisNexis Legal and Professional - Key news
- LexisNexis Legal and Professional - Key offerings
- SWOT
13.11 Litera
- Litera - Overview
- Litera - Product / Service
- Litera - Key offerings
- SWOT
13.12 Luminance Technologies Ltd.
- Luminance Technologies Ltd. - Overview
- Luminance Technologies Ltd. - Product / Service
- Luminance Technologies Ltd. - Key offerings
- SWOT
13.13 NetDocuments Software Inc.
- NetDocuments Software Inc. - Overview
- NetDocuments Software Inc. - Product / Service
- NetDocuments Software Inc. - Key offerings
- SWOT
13.14 Open Text Corp.
- Open Text Corp. - Overview
- Open Text Corp. - Business segments
- Open Text Corp. - Key news
- Open Text Corp. - Key offerings
- Open Text Corp. - Segment focus
- SWOT
13.15 Relativity Global LLC
- Relativity Global LLC - Overview
- Relativity Global LLC - Product / Service
- Relativity Global LLC - Key offerings
- SWOT
13.16 Themis Solutions Inc.
- Themis Solutions Inc. - Overview
- Themis Solutions Inc. - Product / Service
- Themis Solutions Inc. - Key offerings
- SWOT
13.17 Thomson Reuters Corp.
- Thomson Reuters Corp. - Overview
- Thomson Reuters Corp. - Business segments
- Thomson Reuters Corp. - Key news
- Thomson Reuters Corp. - Key offerings
- Thomson Reuters Corp. - Segment focus
- SWOT
13.18 Wolters Kluwer NV
- Wolters Kluwer NV - Overview
- Wolters Kluwer NV - Business segments
- Wolters Kluwer NV - Key news
- Wolters Kluwer NV - Key offerings
- Wolters Kluwer NV - Segment focus
- SWOT

14 Appendix

14.1 Scope of the report
14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
14.3 Currency conversion rates for US$
- Currency conversion rates for US$
14.4 Research methodology
- Research methodology
14.5 Data procurement
- Information sources
14.6 Data validation
- Data validation
14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
14.8 Data synthesis
- Data synthesis
14.9 360 degree market analysis
- 360 degree market analysis
14.10 List of abbreviations
- List of abbreviations