NEW
YORK, Dec. 8, 2022 /PRNewswire/ -- The legal
process outsourcing services market by service, location, and
geography - forecast and analysis 2023-2027 report has been
published by Technavio. Market growth is estimated to accelerate at
a CAGR of 34.76% and register an incremental growth of USD 34,662.7 million during the forecast period.
The report provides a comprehensive analysis of growth
opportunities at regional levels, new product launches, the latest
trends, and the post-pandemic recovery of the global market.
Download a PDF sample report
Company profiles
The legal process outsourcing (LPO) services market report
includes information on the key products and recent developments of
leading vendors, including:
- Capita Plc: The company offers legal process
outsourcing services such as remortgage and property services,
digital evidence management, and resource management.
- Clarivate PLC: The company offers legal process
outsourcing services such as forging client relationships, global
legal research, and generating new business growth.
- Cobra Legal Solutions LLC: The company offers legal
process outsourcing services such as M&A and due
diligence.
- DWF Group plc: The company offers legal process
outsourcing services under the subsidiary, Mindcrest.
- Ernst & Young Global Ltd.: The company offers
legal process outsourcing services such as strategy and operating
models, process improvement, and technology and innovation.
- Exigent Group Ltd.
- Grupo Konectanet SL
- HCL Technologies Ltd.
- Infosys BPM Ltd.
- To gain access to more vendor profiles available with
Technavio, buy the report!
Regional analysis
Based on region, the global legal process outsourcing (LPO)
services market is segmented into North
America, APAC, Europe,
South America, and the
Middle East and Africa. North
America is estimated to contribute 37% to the growth of the
global market over the forecast period. The growth of this region
is attributed to factors such as the availability of professionals
who provide legal services at lower rates.
Market dynamics
The market is driven by factors such as the emergence of new
outsourcing destinations, the cost reduction and enhanced
efficiency of legal processes outsourcing, and regulatory
compliance. However, the shortage of domain expertise is hindering
the market growth.
Competitive analysis
The competitive scenario categorizes companies based on various
performance indicators. Some of the factors considered include the
financial performance of companies over the past few years, growth
strategies, product innovations, new product launches, investments,
growth in market share, among others. Request a sample
Market segmentation
- Based on service, the market is segmented into contract
management, e-discovery services, litigation support, legal
research, and others. The contract management segment will
account for the largest share of the market during the forecast
period.
- Based on geography, the market is segmented into North America, APAC, Europe, South
America, and Middle East
and Africa. North America will account for the largest
share of the market during the forecast period.
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What are the key data covered in this legal process outsourcing
(LPO) services market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of
the legal process outsourcing (LPO) services market between
2023 and 2027
- Precise estimation of the size of the legal process outsourcing
(LPO) services market size and its contribution to the parent
market
- Accurate predictions about upcoming trends and changes in
consumer behavior
- Growth of the legal process outsourcing (LPO) services market
cross APAC, North America,
Europe, Middle East and Africa, and South
America
- Thorough analysis of the market's competitive landscape and
detailed information about vendors
- Comprehensive analysis of factors that will challenge the
growth of legal process outsourcing (LPO) services market
vendors
Legal Process
Outsourcing Services Market Scope
|
Report
Coverage
|
Details
|
Page number
|
168
|
Base year
|
2022
|
Historic
period
|
2017-2021
|
Forecast
period
|
2023-2027
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
34.76%
|
Market growth
2023-2027
|
USD 34,662.7
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
32.13
|
Regional
analysis
|
North America, APAC,
Europe, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
37%
|
Key consumer
countries
|
US, India, Japan, UK,
and Germany
|
Competitive
landscape
|
Leading companies,
Market Positioning of Vendors, Competitive Strategies, and Industry
Risks
|
Companies
profiled
|
Capita Plc, Clarivate
PLC, Cobra Legal Solutions LLC, Conduent Inc., Dentons Group, DWF
Group plc, Ernst & Young Global Ltd., Exigent Group Ltd., Grupo
Konectanet SL, HCL Technologies Ltd., Infosys BPM Ltd., Integreon
Managed Solutions Inc., Legal Advantage LLC, LegalBase, Lexplosion
Solutions Pvt. Ltd., Morae Global Corp., QuisLex Inc., UnitedLex
Corp., Wipro Ltd., and WNS Holdings Ltd.
|
Market
Dynamics
|
Parent Market Analysis;
Market growth inducers and obstacles; Fast-growing and slow-growing
segment analysis for the forecast period
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Browse for Technavio's Information Technology
Market Reports
Table of contents:
1 Executive Summary
- 1.1 Market overview
-
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market
Overview
- Exhibit 03: Executive Summary – Chart on Global Market
Characteristics
- Exhibit 04: Executive Summary – Chart on Market by
Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by
Service
- Exhibit 06: Executive Summary – Chart on Market Segmentation by
Location
- Exhibit 07: Executive Summary – Chart on Incremental
Growth
- Exhibit 08: Executive Summary – Data Table on Incremental
Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market
Positioning
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 12: Offerings of vendors included in the market
definition
- 3.2 Market segment analysis
-
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2022-2027
-
- Exhibit 14: Chart on Global - Market size and forecast
2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast
2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth
2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth
2022-2027 (%)
4 Historic Market Size
- 4.1 Global legal process outsourcing services market 2017 -
2021
-
- Exhibit 18: Historic Market Size – Data Table on Global legal
process outsourcing services market 2017 - 2021 ($ million)
- 4.2 Service Segment Analysis 2017 - 2021
-
- Exhibit 19: Historic Market Size – Service Segment 2017 - 2021
($ million)
- 4.3 Location Segment Analysis 2017 - 2021
-
- Exhibit 20: Historic Market Size – Location Segment 2017 - 2021
($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
-
- Exhibit 21: Historic Market Size – Geography Segment 2017 -
2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
-
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021
($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
-
- Exhibit 23: Five forces analysis - Comparison between 2022 and
2027
- 5.2 Bargaining power of buyers
-
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key
factors 2022 and 2027
- 5.3 Bargaining power of suppliers
-
- Exhibit 25: Bargaining power of suppliers – Impact of key
factors in 2022 and 2027
- 5.4 Threat of new entrants
-
- Exhibit 26: Threat of new entrants – Impact of key factors in
2022 and 2027
- 5.5 Threat of substitutes
-
- Exhibit 27: Threat of substitutes – Impact of key factors in
2022 and 2027
- 5.6 Threat of rivalry
-
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022
and 2027
- 5.7 Market condition
-
- Exhibit 29: Chart on Market condition - Five forces 2022 and
2027
6 Market Segmentation by Service
- 6.1 Market segments
-
- Exhibit 30: Chart on Service - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Service - Market share 2022-2027
(%)
- 6.2 Comparison by Service
-
- Exhibit 32: Chart on Comparison by Service
- Exhibit 33: Data Table on Comparison by Service
- 6.3 Contract management - Market size and forecast
2022-2027
-
- Exhibit 34: Chart on Contract management - Market size and
forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Contract management - Market size and
forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Contract management - Year-over-year
growth 2022-2027 (%)
- Exhibit 37: Data Table on Contract management - Year-over-year
growth 2022-2027 (%)
- 6.4 E-discovery services - Market size and forecast
2022-2027
-
- Exhibit 38: Chart on E-discovery services - Market size and
forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on E-discovery services - Market size
and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on E-discovery services - Year-over-year
growth 2022-2027 (%)
- Exhibit 41: Data Table on E-discovery services - Year-over-year
growth 2022-2027 (%)
- 6.5 Litigation support - Market size and forecast
2022-2027
-
- Exhibit 42: Chart on Litigation support - Market size and
forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Litigation support - Market size and
forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Litigation support - Year-over-year growth
2022-2027 (%)
- Exhibit 45: Data Table on Litigation support - Year-over-year
growth 2022-2027 (%)
- 6.6 Legal research - Market size and forecast 2022-2027
-
- Exhibit 46: Chart on Legal research - Market size and forecast
2022-2027 ($ million)
- Exhibit 47: Data Table on Legal research - Market size and
forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Legal research - Year-over-year growth
2022-2027 (%)
- Exhibit 49: Data Table on Legal research - Year-over-year
growth 2022-2027 (%)
- 6.7 Others - Market size and forecast 2022-2027
-
- Exhibit 50: Chart on Others - Market size and forecast
2022-2027 ($ million)
- Exhibit 51: Data Table on Others - Market size and forecast
2022-2027 ($ million)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027
(%)
- Exhibit 53: Data Table on Others - Year-over-year growth
2022-2027 (%)
- 6.8 Market opportunity by Service
-
- Exhibit 54: Market opportunity by Service ($ million)
7 Market Segmentation by Location
- 7.1 Market segments
-
- Exhibit 55: Chart on Location - Market share 2022-2027 (%)
- Exhibit 56: Data Table on Location - Market share 2022-2027
(%)
- 7.2 Comparison by Location
-
- Exhibit 57: Chart on Comparison by Location
- Exhibit 58: Data Table on Comparison by Location
- 7.3 Offshore outsourcing - Market size and forecast
2022-2027
-
- Exhibit 59: Chart on Offshore outsourcing - Market size and
forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Offshore outsourcing - Market size
and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Offshore outsourcing - Year-over-year
growth 2022-2027 (%)
- Exhibit 62: Data Table on Offshore outsourcing - Year-over-year
growth 2022-2027 (%)
- 7.4 On-shore outsourcing - Market size and forecast
2022-2027
-
- Exhibit 63: Chart on On-shore outsourcing - Market size and
forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on On-shore outsourcing - Market size
and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on On-shore outsourcing - Year-over-year
growth 2022-2027 (%)
- Exhibit 66: Data Table on On-shore outsourcing - Year-over-year
growth 2022-2027 (%)
- 7.5 Market opportunity by Location
-
- Exhibit 67: Market opportunity by Location ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
-
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
-
- Exhibit 69: Chart on Market share by geography 2022-2027
(%)
- Exhibit 70: Data Table on Market share by geography 2022-2027
(%)
- 9.2 Geographic comparison
-
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison
- 9.3 North America - Market
size and forecast 2022-2027
-
- Exhibit 73: Chart on North
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 74: Data Table on North
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 75: Chart on North
America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North
America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and
forecast 2022-2027
-
- Exhibit 77: Chart on Europe -
Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($
million)
- Exhibit 79: Chart on Europe -
Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027
(%)
- 9.5 APAC - Market size and forecast 2022-2027
-
- Exhibit 81: Chart on APAC - Market size and forecast 2022-2027
($ million)
- Exhibit 82: Data Table on APAC - Market size and forecast
2022-2027 ($ million)
- Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027
(%)
- Exhibit 84: Data Table on APAC - Year-over-year growth
2022-2027 (%)
- 9.6 South America - Market
size and forecast 2022-2027
-
- Exhibit 85: Chart on South
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 86: Data Table on South
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 87: Chart on South
America - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on South
America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and
Africa - Market size and forecast
2022-2027
-
- Exhibit 89: Chart on Middle
East and Africa - Market
size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Middle
East and Africa - Market
size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
-
- Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($
million)
- Exhibit 94: Data Table on US - Market size and forecast
2022-2027 ($ million)
- Exhibit 95: Chart on US - Year-over-year growth 2022-2027
(%)
- Exhibit 96: Data Table on US - Year-over-year growth 2022-2027
(%)
- 9.9 UK - Market size and forecast 2022-2027
-
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($
million)
- Exhibit 98: Data Table on UK - Market size and forecast
2022-2027 ($ million)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027
(%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027
(%)
- 9.10 India - Market size and
forecast 2022-2027
-
- Exhibit 101: Chart on India -
Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($
million)
- Exhibit 103: Chart on India -
Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on India - Year-over-year growth 2022-2027
(%)
- 9.11 Japan - Market size and
forecast 2022-2027
-
- Exhibit 105: Chart on Japan -
Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($
million)
- Exhibit 107: Chart on Japan -
Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027
(%)
- 9.12 Germany - Market size and
forecast 2022-2027
-
- Exhibit 109: Chart on Germany
- Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027
($ million)
- Exhibit 111: Chart on Germany
- Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027
(%)
- 9.13 Market opportunity by geography
-
- Exhibit 113: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
-
- Exhibit 114: Impact of drivers and challenges in 2022 and
2027
11 Vendor Landscape
- 11.2 Vendor landscape
-
- Exhibit 115: Overview on Criticality of inputs and Factors of
differentiation
- 11.3 Landscape disruption
-
- Exhibit 116: Overview on factors of disruption
- 11.4 Industry risks
-
- Exhibit 117: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
-
- Exhibit 118: Vendors covered
- 12.2 Market positioning of vendors
-
- Exhibit 119: Matrix on vendor position and classification
- 12.3 Capita Plc
-
- Exhibit 120: Capita Plc - Overview
- Exhibit 121: Capita Plc - Business segments
- Exhibit 122: Capita Plc - Key offerings
- Exhibit 123: Capita Plc - Segment focus
- 12.4 Clarivate PLC
-
- Exhibit 124: Clarivate PLC - Overview
- Exhibit 125: Clarivate PLC - Business segments
- Exhibit 126: Clarivate PLC - Key news
- Exhibit 127: Clarivate PLC - Key offerings
- Exhibit 128: Clarivate PLC - Segment focus
- 12.5 Cobra Legal Solutions LLC
-
- Exhibit 129: Cobra Legal Solutions LLC - Overview
- Exhibit 130: Cobra Legal Solutions LLC - Product / Service
- Exhibit 131: Cobra Legal Solutions LLC - Key offerings
- 12.6 DWF Group plc
-
- Exhibit 132: DWF Group plc - Overview
- Exhibit 133: DWF Group plc - Business segments
- Exhibit 134: DWF Group plc - Key offerings
- Exhibit 135: DWF Group plc - Segment focus
- 12.7 Ernst and Young Global Ltd.
-
- Exhibit 136: Ernst and Young Global Ltd. - Overview
- Exhibit 137: Ernst and Young Global Ltd. - Product /
Service
- Exhibit 138: Ernst and Young Global Ltd. - Key offerings
- 12.8 Exigent Group Ltd.
-
- Exhibit 139: Exigent Group Ltd. - Overview
- Exhibit 140: Exigent Group Ltd. - Product / Service
- Exhibit 141: Exigent Group Ltd. - Key offerings
- 12.9 HCL Technologies Ltd.
-
- Exhibit 142: HCL Technologies Ltd. - Overview
- Exhibit 143: HCL Technologies Ltd. - Business segments
- Exhibit 144: HCL Technologies Ltd. - Key offerings
- Exhibit 145: HCL Technologies Ltd. - Segment focus
- 12.10 Infosys BPM Ltd.
-
- Exhibit 146: Infosys BPM Ltd. - Overview
- Exhibit 147: Infosys BPM Ltd. - Business segments
- Exhibit 148: Infosys BPM Ltd. - Key offerings
- Exhibit 149: Infosys BPM Ltd. - Segment focus
- 12.11 Integreon Managed Solutions Inc.
-
- Exhibit 150: Integreon Managed Solutions Inc. - Overview
- Exhibit 151: Integreon Managed Solutions Inc. - Product /
Service
- Exhibit 152: Integreon Managed Solutions Inc. - Key
offerings
- 12.12 LegalBase
-
- Exhibit 153: LegalBase - Overview
- Exhibit 154: LegalBase - Product / Service
- Exhibit 155: LegalBase - Key offerings
- 12.13 Lexplosion Solutions Pvt. Ltd.
-
- Exhibit 156: Lexplosion Solutions Pvt. Ltd. - Overview
- Exhibit 157: Lexplosion Solutions Pvt. Ltd. - Product /
Service
- Exhibit 158: Lexplosion Solutions Pvt. Ltd. - Key
offerings
- 12.14 Morae Global Corp.
-
- Exhibit 159: Morae Global Corp. - Overview
- Exhibit 160: Morae Global Corp. - Product / Service
- Exhibit 161: Morae Global Corp. - Key offerings
- 12.15 QuisLex Inc.
-
- Exhibit 162: QuisLex Inc. - Overview
- Exhibit 163: QuisLex Inc. - Product / Service
- Exhibit 164: QuisLex Inc. - Key offerings
- 12.16 UnitedLex Corp.
-
- Exhibit 165: UnitedLex Corp. - Overview
- Exhibit 166: UnitedLex Corp. - Product / Service
- Exhibit 167: UnitedLex Corp. - Key offerings
- 12.17 WNS Holdings Ltd.
-
- Exhibit 168: WNS Holdings Ltd. - Overview
- Exhibit 169: WNS Holdings Ltd. - Business segments
- Exhibit 170: WNS Holdings Ltd. - Key offerings
- Exhibit 171: WNS Holdings Ltd. - Segment focus
13 Appendix
- 13.2 Inclusions and exclusions checklist
-
- Exhibit 172: Inclusions checklist
- Exhibit 173: Exclusions checklist
- 13.3 Currency conversion rates for US$
-
- Exhibit 174: Currency conversion rates for US$
- 13.4 Research methodology
-
- Exhibit 175: Research methodology
- Exhibit 176: Validation techniques employed for market
sizing
- Exhibit 177: Information sources
- 13.5 List of abbreviations
-
- Exhibit 178: List of abbreviations
About us
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