In 2021, the North American B2B legal tech market generated revenues of 11.61 billion U.S. dollars, whilst the B2C market generated 650 million U.S. dollars in revenue. The B2B legal tech market in North America is expected to grow to just under 12 billion U.S. dollars in 2022.
Legal tech market revenue in North America from 2021 to 2027, by segment
(in billion U.S. dollars)
Characteristic
B2B
B2C
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Legal tech, or LawTech, refers to the use of technology and software to provide legal services and support the legal industry.
Out of scope: specific HR-services (HR-tech), and software for purely archiving/searching legal documents or contracts (legal-software).
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Statista. (August 10, 2022). Legal tech market revenue in North America from 2021 to 2027, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1155922/north-america-legal-tech-revenue-by-market/
Statista. "Legal tech market revenue in North America from 2021 to 2027, by segment (in billion U.S. dollars)." Chart. August 10, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1155922/north-america-legal-tech-revenue-by-market/
Statista. (2022). Legal tech market revenue in North America from 2021 to 2027, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1155922/north-america-legal-tech-revenue-by-market/
Statista. "Legal Tech Market Revenue in North America from 2021 to 2027, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Aug 2022, https://www.statista.com/statistics/1155922/north-america-legal-tech-revenue-by-market/
Statista, Legal tech market revenue in North America from 2021 to 2027, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1155922/north-america-legal-tech-revenue-by-market/ (last visited June 18, 2024)
Legal tech market revenue in North America from 2021 to 2027, by segment (in billion U.S. dollars) [Graph], Statista, August 10, 2022. [Online]. Available: https://www.statista.com/statistics/1155922/north-america-legal-tech-revenue-by-market/