Legal Online Dispute Resolution (ODR) Market Growth Opportunities and Recent Developments by 2110
[Vancouver, Canada, 16-05-2023] – Emergen Research, a leading provider of market research solutions, is thrilled to announce the release of its highly anticipated collection of comprehensive market research content. This innovative offering aims to empower businesses across industries with valuable insights and data-driven strategies to drive growth and success.
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The newly launched Legal Online Dispute Resolution (ODR) market research content is meticulously crafted by industry experts, leveraging extensive data analysis, and a deep understanding of various markets. This rich collection includes in-depth reports, whitepapers, case studies, trend analyses, and industry insights covering a wide range of sectors, including but not limited to technology, healthcare, finance, consumer goods, and manufacturing.
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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 latest study provides an insightful analysis of the broad competitive landscape of the global 777 market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report.
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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The report bifurcates the Legal Online Dispute Resolution (ODR) market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Component Outlook (Revenue, USD Million; 2018–2028)
- Case Management
- Settlement and Judgement Builder
- Virtual Mediation Rooms and Technologies
- Agreement Monitoring
- Statistics and KPI Reporting
- Electronic Consumer Dispute Resolution
- Brand Integration
- Integration and Implementation
- Training and Support
Type Outlook (Revenue, USD Million; 2018–2028)
Deployment Type Outlook (Revenue, USD Million; 2021–2028)
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Target Audience of the Global Legal Online Dispute Resolution (ODR) Market Report:
- Key Market Players
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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