Legal analytics market poised for growth web

Legal analytics market poised for growth

A study by reveals the global legal analytics market accounted for $456.1m in 2017 and is expected to reach $5.1003bn by 2026, growing at a CAGR of 30.8% during the forecast period. The Legal Analytics – Global Market Outlook (2017-2026) report found that increasing demand for automation in legal analytics for data-driven decision making and technological advancements are among the factors fuelling growth. However, it also found that a lack of awareness among litigators is hampering market growth.

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