The global legal Online Dispute Resolution (ODR) market size was USD 57.3 million in 2020, and is expected to reach USD 210.53 million 2028, and register a revenue CAGR of 17.5% during the forecast period, according to the latest report by Emergen Research. A primary factor driving market revenue growth is the rapid surge in number of individuals and parties, civilian, and commercial entities, and others, opting to resolve legal or judicial disputes virtually or across distances, and without any contact or physical appearance in a courtroom or at in the presence of judicial bodies. In addition, savings on fees, court visits, and time needed to be spent in court are some other key factors driving market revenue growth.
A conscious effort is made by the subject matter experts to analyse how some business owners succeed in maintaining a competitive edge while the others fail to do so makes the research interesting. A quick review of the realistic competitors makes the overall study a lot more interesting. Opportunities that are helping product owners’ size up their business further add value to the overall study.
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This report studies the global Legal Online Dispute Resolution (ODR) market status and forecast, categorizes the global Legal Online Dispute Resolution (ODR) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
North America has the highest adoption rate in the market, and rapid digitalization and storage of case law, regulations, and statutes are major steps that have allowed technology to be heavily involved in law. Deployment of Artificial Intelligence continues at a rapid pace and is expected to continue to change the way the legal processes are conducted in the U.S.
Major players in the global legal ODR market are Picture It Settled, LLC (U.S.), Cybersettle, Inc. (U.S.), NetNeutrals, Ltd (U.S.), Tyler Technologies, Inc. (U.S.), Matterhorn (U.S), FairClaims, Inc. (U.S), VastEdge Inc. (U.S), FairWay Resolution Limited (U.K.), iCan Systems Inc. (Canada), The Mediation Room (U.K.), and Youstice (Slovakia).
Regional scope: – North America; Europe; Asia Pacific; Central & South America; MEA
The latest market intelligence study on the Legal Online Dispute Resolution (ODR) market performs an extensive analysis of the competitive landscape and growing investment pocket of the Legal Online Dispute Resolution (ODR) market for the forecast period, 2020 – 2027. The tailor-made study probes into the current and future trends of that are likely to shape the development of the Legal Online Dispute Resolution (ODR) industry to give the business owners a competitive edge and help them stay ahead of their rivals. The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate.
Component Outlook (Revenue, USD Million; 2018–2028)
Solutions
Case Management
Settlement and Judgement Builder
Virtual Mediation Rooms and Technologies
Agreement Monitoring
Statistics and KPI Reporting
Electronic Consumer Dispute Resolution
Brand Integration
Others
Services
Consulting
Integration and Implementation
Training and Support
Type Outlook (Revenue, USD Million; 2018–2028)
Mediation
Arbitration
Negotiation
Deployment Type Outlook (Revenue, USD Million; 2021–2028)
On-premise
Cloud
Application Outlook (Revenue, USD Million; 2018–2028)
Clinical Trials
Cloud Migrations
e-Commerce
Family Disputes
Consumer Disputes
Waste Management
Others
End-Use Outlook (Revenue, USD Million; 2018–2028)
Courts and Tribunals
Government and Enterprise
Dispute Resolution Professionals
Ombudsman
Others
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Industry experts conducting the study further estimate the potential of the Legal Online Dispute Resolution (ODR) industry. Such information is important for firms looking to launch an innovative service or product on the market. Industry experts have measured the total volume of the given market. Researchers have calculated the industry in terms of sales by the competitors and end-user – customers. Data on the entire size of the Legal Online Dispute Resolution (ODR) market for a particular product or a service for the forecast period, 2020 to 2027 covered in the report makes it valuable. This information reveals the upper limit of the Legal Online Dispute Resolution (ODR) industry for a specific product or service.
Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the Legal Online Dispute Resolution (ODR) market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Legal Online Dispute Resolution (ODR) market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Legal Online Dispute Resolution (ODR) market growth worldwide?
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Table of Content
Chapter 1. Legal Online Dispute Resolution (ODR) Market Methodology & Sources
1.1. Legal Online Dispute Resolution (ODR) Market Definition
1.2. Legal Online Dispute Resolution (ODR) Market Research Scope
1.3. Legal Online Dispute Resolution (ODR) Market Methodology
1.4. Legal Online Dispute Resolution (ODR) Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Legal Online Dispute Resolution (ODR) Market Key Insights
Chapter 4. Legal Online Dispute Resolution (ODR) Market Segmentation & Impact Analysis
Chapter 5. Legal Online Dispute Resolution (ODR) Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Legal Online Dispute Resolution (ODR) Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Legal Online Dispute Resolution (ODR) Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Legal Online Dispute Resolution (ODR) Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. Legal Online Dispute Resolution (ODR) Market Regional Outlook
Chapter 10. Competitive Landscape
Continued…
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