In 2021, the legal tech market in Europe generated revenues of 6.97 billion U.S. dollars, with incumbents generating 6.68 billion U.S. dollars worth of this total. The legal tech startup market in Europe, which generated close to 290 million U.S. dollars in 2021, is forecast to grow at a compound annual growth rate (CAGR) of 10.91 percent for the period to 2027, with revenues set to reach 530 million U.S. dollars at the end of this period.
Legal tech market revenue in Europe from 2021 to 2027, by business type (in billion U.S. dollars)
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Statistics
Statista. (August 10, 2022). Legal tech market revenue in Europe from 2021 to 2027, by business type (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1168105/europe-legal-tech-market-revenue-by-business-type/
Statista. "Legal tech market revenue in Europe from 2021 to 2027, by business type (in billion U.S. dollars)." Chart. August 10, 2022. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1168105/europe-legal-tech-market-revenue-by-business-type/
Statista. (2022). Legal tech market revenue in Europe from 2021 to 2027, by business type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1168105/europe-legal-tech-market-revenue-by-business-type/
Statista. "Legal Tech Market Revenue in Europe from 2021 to 2027, by Business Type (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Aug 2022, https://www.statista.com/statistics/1168105/europe-legal-tech-market-revenue-by-business-type/
Statista, Legal tech market revenue in Europe from 2021 to 2027, by business type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1168105/europe-legal-tech-market-revenue-by-business-type/ (last visited June 01, 2024)
Legal tech market revenue in Europe from 2021 to 2027, by business type (in billion U.S. dollars) [Graph], Statista, August 10, 2022. [Online]. Available: https://www.statista.com/statistics/1168105/europe-legal-tech-market-revenue-by-business-type/