Summary

Global Legal, Risk and Compliance Solution Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Every industry has some form of compliance protocols that they need to follow to keep business information safe while ensuring they meet industry standards. It includes legal, security, industry, and other regulatory requirements. Lack of adhering to these rules can result in hefty fines. compliance solution helps a business capture and store data securely. This includes collecting the consent of the individual before sending info, as well as collecting their data, using security methods to protect the data once it has been obtained. Growing cybersecurity industry and rising technological advancements across various industries are key drivers for the growth of Legal, Risk and Compliance Solution market. For instance, according to gov.uk (a United Kingdom public sector information website)- in year 2020 the UK’s cyber security industry is estimated at USD 9.4 billion, with total revenues in the sector up 46 per cent from USD 6.4 billion in 2017 and number of active cyber security firms in the UK has increased 44 per cent - up from 846 in 2017 to over 1,200 at year-end 2019. Also, as per India Brand Equity Forum- the IT & business service industry’s revenue was estimated at USD 6.96 billion in the first half of 2021, it is an increase of 6.4% year on year basis and the export revenue of the IT industry is estimated at USD 150 billion in FY21. Also, with the increasing demand for IT driven solutions and favorable government rules and regulations, the adoption & demand for Legal, Risk and Compliance Solution is likely to increase the market growth during the forecast period. However, lack of latest technology-based platform in organization and high initial investment and impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Legal, Risk and Compliance Solution market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing demand for compliance solutions and presence of leading players in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such increasing penetration of leading players in the region owing to availability of cheap labor would create lucrative growth prospects for the Legal, Risk and Compliance Solution market across Asia-Pacific region.

Major market player included in this report are:
Software AG,
NTT Group,
Oracle Corporation,
Sparta Systems Inc.,
Arena Solutions Inc.,
Pilgrim Quality Solutions Inc.,
MasterControl Inc.,
Aras Corporation,
SAP SE
Thomson Reuters.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Software
Services
By End Use Industries:
BFSI (Banking, Financial Services, Insurance Sectors)
Healthcare Industry
Energy and Utilities
Manufacturing Industry
Retail and Consumer Goods
Telecom and IT
Mining and Natural Resources
Transportation and Logistics
Others (Education, Construction)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Legal, Risk and Compliance Solution Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Table of Contents

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Legal, Risk and Compliance Solution Market, by Region, 2019-2027 (USD Billion)
1.2.2. Legal, Risk and Compliance Solution Market, by Component, 2019-2027 (USD Billion)
1.2.3. Legal, Risk and Compliance Solution Market, by End Use Industries, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Legal, Risk and Compliance Solution Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Legal, Risk and Compliance Solution Market Dynamics
3.1. Legal, Risk and Compliance Solution Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing Cybersecurity Industry
3.1.1.2. Rising technological advancements across various industries
3.1.2. Market Challenges
3.1.2.1. High initial investment
3.1.2.2. Lack of latest Technology based platform in organization.
3.1.3. Market Opportunities
3.1.3.1. Favourable government regulations and policies.
3.1.3.2. Growing demand for IT driven Solutions
Chapter 4. Global Legal, Risk and Compliance Solution Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Legal, Risk and Compliance Solution Market, by Component
6.1. Market Snapshot
6.2. Global Legal, Risk and Compliance Solution Market by Component, Performance - Potential Analysis
6.3. Global Legal, Risk and Compliance Solution Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
6.4. Legal, Risk and Compliance Solution Market, Sub Segment Analysis
6.4.1. Software
6.4.2. Solutions
Chapter 7. Global Legal, Risk and Compliance Solution Market, by End Use Industries
7.1. Market Snapshot
7.2. Global Legal, Risk and Compliance Solution Market by End Use Industries, Performance - Potential Analysis
7.3. Global Legal, Risk and Compliance Solution Market Estimates & Forecasts by End Use Industries 2018-2027 (USD Billion)
7.4. Legal, Risk and Compliance Solution Market, Sub Segment Analysis
7.4.1. BFSI (Banking, Financial Services, Insurance Sectors)
7.4.2. Healthcare Industry
7.4.3. Energy and Utilities
7.4.4. Manufacturing Industry
7.4.5. Retail and Consumer Goods
7.4.6. Telecom and IT
7.4.7. Mining and Natural Resources
7.4.8. Transportation and Logistics
7.4.9. Others (Education, Construction)

Chapter 8. Global Legal, Risk and Compliance Solution Market, Regional Analysis
8.1. Legal, Risk and Compliance Solution Market, Regional Market Snapshot
8.2. North America Legal, Risk and Compliance Solution Market
8.2.1. U.S. Legal, Risk and Compliance Solution Market
8.2.1.1. Component breakdown estimates & forecasts, 2018-2027
8.2.1.2. End Use Industries breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Legal, Risk and Compliance Solution Market
8.3. Europe Legal, Risk and Compliance Solution Market Snapshot
8.3.1. U.K. Legal, Risk and Compliance Solution Market
8.3.2. Germany Legal, Risk and Compliance Solution Market
8.3.3. France Legal, Risk and Compliance Solution Market
8.3.4. Spain Legal, Risk and Compliance Solution Market
8.3.5. Italy Legal, Risk and Compliance Solution Market
8.3.6. Rest of Europe Legal, Risk and Compliance Solution Market
8.4. Asia-Pacific Legal, Risk and Compliance Solution Market Snapshot
8.4.1. China Legal, Risk and Compliance Solution Market
8.4.2. India Legal, Risk and Compliance Solution Market
8.4.3. Japan Legal, Risk and Compliance Solution Market
8.4.4. Australia Legal, Risk and Compliance Solution Market
8.4.5. South Korea Legal, Risk and Compliance Solution Market
8.4.6. Rest of Asia Pacific Legal, Risk and Compliance Solution Market
8.5. Latin America Legal, Risk and Compliance Solution Market Snapshot
8.5.1. Brazil Legal, Risk and Compliance Solution Market
8.5.2. Mexico Legal, Risk and Compliance Solution Market
8.6. Rest of The World Legal, Risk and Compliance Solution Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Software AG
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. NTT Group,
9.2.3. Oracle Corporation,
9.2.4. Sparta Systems Inc.,
9.2.5. Arena Solutions Inc.,
9.2.6. Pilgrim Quality Solutions Inc.,
9.2.7. Master Control Inc.,
9.2.8. Aras Corporation,
9.2.9. SAP SE
9.2.10. Thomson Reuters.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption