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.

The global Legal Online Dispute Resolution (ODR) Market report published by Emergen Research assesses the Legal Online Dispute Resolution (ODR) market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Legal Online Dispute Resolution (ODR) market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Legal Online Dispute Resolution (ODR) market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Vastedge Inc., Tyler Technologies, Inc., Fairway Resolution Limited, Ican Systems Inc., The Mediation Room, Youstice, Picture It Settled, Llc, Modron, Cybersettle, Inc., Matterhorn

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Emergen Research has segmented the global Legal Online Dispute Resolution (ODR) market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Component Outlook (Revenue, USD Million; 2018–2028)

  • Solutions
    1. Case Management
    2. Settlement and Judgement Builder
    3. Virtual Mediation Rooms and Technologies
    4. Agreement Monitoring
    5. Statistics and KPI Reporting
    6. Electronic Consumer Dispute Resolution
    7. Brand Integration
    8. Others
  • Services
    1. Consulting
    2. Integration and Implementation
    3. Training and Support

• Type Outlook (Revenue, USD Million; 2018–2028)

  • Mediation
  • Arbitration
  • Negotiation

• Deployment Type Outlook (Revenue, USD Million; 2021–2028)

  • On-premise
  • Cloud

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Legal Online Dispute Resolution (ODR) Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Legal Online Dispute Resolution (ODR) Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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