Witnessing Global Artificial Intelligence in Law Market
The latest study released on the global ‘Artificial Intelligence in Law’ market by AMA Research evaluates market size, trend, and forecast to 2030. The ‘Artificial Intelligence in Law’ market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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Some of the key players profiled in the study are:
AIBrain (United States), Amazon Web Services (United States), IBM (United States), LawGeex (Israel), vLex (Spain), Premonition (United States), LegalSifter (United States), Doctrine (France), Knomos Knowledge Management Inc. (Canada), TrademarkVision (Australia), ROSS Intelligence (United States), Counselytics (United States) , BookLawyer (United States)
Artificial Intelligence companies continue to find ways of developing technology that will manage laborious tasks in different industries for better speed and accuracy. In the legal profession, Artificial Intelligence has already found its way into supporting lawyers and clients alike. The growing interest in applying AI in law is slowly transforming the profession and closing in on the work of paralegals, legal researchers, and litigators. AI is currently being applied in the legal profession; AI is helping lawyers to streamline work processing. The market for AI in law is expected to grow rapidly during the upcoming years.
On 15 Oct 2019, LawGeex, the leading Contract Review Automation (CRA) provider, announced the release of LawGeex 5.0, the latest version of its award-winning AI platform, which automates the review and approval of routine contracts.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Artificial Intelligence in Law Market various segments and emerging territory.
Influencing Market Trend
• Rapid Adoption of Big Data Analytics
Market Drivers
• The Exponential Growth in Legal Services Market
• Rising Automation in the Law Sector Booming the Growth for the AI Market
• Pressures on Legal Process Management Fueling the Demand for AI Technology
Opportunities:
• AI Continually Changing the Legal Profession, Requiring Lawyers to Possess an Increasing Number Of Skills To Make Use Of Such Technology To Remain Competitive In The Market
Challenges:
• Legal Roles Will Be Automated and Be Replaced By Artificially Intelligent Systems during Upcoming Years
Analysis by Type (Software, Services), Application (Due diligence, Prediction technology, Legal analytics, Document automation, Intellectual property, Electronic billing), End Users (Lawyers, Firms)
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The regional analysis of Global Artificial Intelligence in Law Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/69753-global-artificial-intelligence-in-law-market?utm_source=OpenPR/utm_medium=Rahul
Highlights of the Report
• The future prospects of the global Artificial Intelligence in Law market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Artificial Intelligence in Law market.
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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
This release was published on openPR.
