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.
Emergen Research latest document, titled ‘Global Legal Online Dispute Resolution (ODR) Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Legal Online Dispute Resolution (ODR) market. The report’s authors have offered necessary details on the latest Legal Online Dispute Resolution (ODR) market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Legal Online Dispute Resolution (ODR) industry entails useful insights into the estimated Legal Online Dispute Resolution (ODR) market size, revenue share, and sales distribution networks.
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Key companies profiled in the report include:
Vastedge Inc., Tyler Technologies, Inc., Fairway Resolution Limited, Ican Systems Inc., The Mediation Room, Youstice, Picture It Settled, Llc, Modron, Cybersettle, Inc., Matterhorn
Key Questions Answered by the Report:
What are the key strategies adopted by the prominent players in the Legal Online Dispute Resolution (ODR) market?
What are the key product types and applications of the Legal Online Dispute Resolution (ODR) industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Legal Online Dispute Resolution (ODR) market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Legal Online Dispute Resolution (ODR) Market by 2027?
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
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Market Segmentation
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
- Solutions
Type Outlook (Revenue, USD Million; 2018–2028)
- Mediation
- Arbitration
- Negotiation
Deployment Type Outlook (Revenue, USD Million; 2021–2028)
- On-premise
- Cloud
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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