Legal Process Outsourcing Services Market 2020-2024 | Proliferation of Risk Management Practices to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Legal Process Outsourcing Services Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the legal process outsourcing services market and it is poised to grow by USD 16.01 billion during 2020-2024, progressing at a CAGR of over 32% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Capita Plc, Cobra Legal Solutions LLC, Exigent Group Ltd., HCL Technologies Ltd., Infosys Ltd., Integreon Inc., LegalBase, Morae Global Corp., QuisLex Inc., and UnitedLex Corp. are some of the major market participants. The proliferation of risk management practices will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The proliferation of risk management practices has been instrumental in driving the growth of the market.

Legal Process Outsourcing Services Market 2020-2024: Segmentation

Legal Process Outsourcing Services Market is segmented as below:

  • Service
  • Contract Management
  • E-discovery Services
  • Litigation Support
  • Legal Research
  • Others
  • Geography
  • North America
  • Europe
  • APAC
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43776

Legal Process Outsourcing Services Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our legal process outsourcing services market report covers the following areas:

  • Legal Process Outsourcing Services Market size
  • Legal Process Outsourcing Services Market trends
  • Legal Process Outsourcing Services Market industry analysis

This study identifies the emergence of cloud computing as one of the prime reasons driving the legal process outsourcing services market growth during the next few years.

Legal Process Outsourcing Services Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the legal process outsourcing services market, including some of the vendors such as Capita Plc, Cobra Legal Solutions LLC, Exigent Group Ltd., HCL Technologies Ltd., Infosys Ltd., Integreon Inc., LegalBase, Morae Global Corp., QuisLex Inc., and UnitedLex Corp. Backed with competitive intelligence and benchmarking, our research reports on the legal process outsourcing services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Legal Process Outsourcing Services Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist legal process outsourcing services market growth during the next five years
  • Estimation of the legal process outsourcing services market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the legal process outsourcing services market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of legal process outsourcing services market vendors

Table Of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Service

  • Market segments
  • Comparison by Service
  • Contract management - Market size and forecast 2019-2024
  • E-discovery services - Market size and forecast 2019-2024
  • Litigation support - Market size and forecast 2019-2024
  • Legal research - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Service

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Capita Plc
  • Cobra Legal Solutions LLC
  • Exigent Group Ltd.
  • HCL Technologies Ltd.
  • Infosys Ltd.
  • Integreon Inc.
  • LegalBase
  • Morae Global Corp.
  • QuisLex Inc.
  • UnitedLex Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Legal Process Outsourcing Services Market will grow by USD 16.01 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/