The Global Litigation Funding Investment Market Size Was Worth USD 11412.6 Million in 2019 and Is Expected To Reach USD 20548.5 Million by 2026, CAGR of 6.7%.Litigation Funding Investment Industry share By Application, End User, Regional Segment Analysis
Litigation Funding Investment Market
The Global Litigation Funding Investment Market Size is set for rapid growth over the forecast period. In terms of revenue, the global Litigation Funding Investment market accounted for USD 11412.6 Million in 2019 and is expected to reach USD 20548.5 Million by 2026, growing at a CAGR of 6.7%.
Litigation funding investment is also known as legal financing and third-party litigation funding (TPLF). Litigation funding broadly refers to a financing arrangement whereby the legal costs and expenses of a party are funded by a third party that is not a party to the dispute. This is normally done in exchange for a financial reward of an agreed share of any favorable award or settlement.
The funded cases are usually those being adjudicated at a well-established and reliable forum with a realistic claim value and good prospects of success. In recent years, litigation funding investment has emerged as a lucrative, fast-growing, and attractive asset class. In the global market, the U.S., the UK, and Australia are some of the leading countries showing tremendous potential and growth during the forecast period in this market.
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An increase in the investments of petty legal suits is driving the growth of the litigation funding investment market. In the case of class action lawsuits, consumer disputes, labor lawsuits, international arbitration, intellectual property disputes, and commercial lawsuit, this litigation funding is being utilized. Additionally, as stated by ICC, the top countries with parties represented 210 cases in the United States, 139 cases in France, 117 in Brazil, 110 in Spain, and 95 in Germany.
Moreover, as per the survey, between 1998 and 2017, consumer products had the highest share of patent litigation cases with 14 percent for practicing entities and 2 percent for non-practicing entities. Thereby, certain incidents are gradually influencing the demand for litigation funding investment market.
Notwithstanding decreasing risk, utilizing outsider subsidizing instead of self-financing lawful debates conveys prompt bookkeeping advantages to organizations and law offices. Advances add to working costs and consequently, lessen benefits. Interestingly, debate subsidizing eliminates that cost, and in certain conditions, even be treated as income, promptly boosting the monetary picture for an organization or law office.
|Litigation Funding Investment Market Research Report
|Market Size in 2019
|USD 11412.6 Million
|Market Forecast in 2026
|USD 20548.5 Million
|Compound Annual Growth Rate
|CAGR of 6.7%
|Number of Pages
|Value (USD Billion), and Volume (Units)
|Key Companies Covered
|Apex Litigation Finance, Augusta Ventures Limited, Balance Legal Capital LLP, Burford Capital LLC, Deminor, FORIS AG, Harbour Litigation Funding Limited, IMF Bentham, Legalist Inc, Longford Capital Management LP, Nivalion, Omni Bridgeway, Pravati Capital, Therium Group Holdings Limited, Validity Finance LLC, and Woodsford Litigation Funding Ltd among others.
|By Application, By End-User, And By Region
|North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
|North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
|2016 to 2020
|2022 - 2030
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The global Litigation Funding Investment market can be segmented into application, end-user, and region. The application segment is bifurcated into Class Action Lawsuit Funding, Commercial Litigation Funding, Insolvency Litigation Funding, Patent Litigation Funding, Labor Lawsuit Funding, Consumer Disputes, Intellectual Property Litigation Funding, International Arbitration, and Others.
The end-user segment is bifurcated into individuals, Businesses, Law Firms, and Attorneys. Individual litigation funding is a new domain that is likely to pick up in the forecast period. The individual noncommercial dispute is difficult to objectify however, new technology artificial intelligence, and data analysis have made it possible to weigh individual cases on merits. Startups related to individual litigation funding are appearing on the horizon and in the future, the segment is likely to produce lucrative growth as efficiency in justice delivery mechanism will improve and awareness about it will be spread.
Global Litigation Funding Investment Market: Regional Analysis
Based on regions, the global Litigation Funding Investment market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North American region is on the top of growth in terms of revenue for the litigation funding investment market. The development of case law in favor of commercial dispute funding in the United States helped warm its embrace by claimants as an alternative fee solution that served to dissolve financial barriers to the courts. These developments are likely to provide a fillip to the growth of litigation funding investments.
Within the Asia-Pacific region, Australia has a mature third-party funding market, while for the rest of the region, the market is still relatively new and growing. Nevertheless, the past few years have seen significant developments and the landscape is changing.
Global Litigation Funding Investment Market: Competitive Players
Some of the key players in the Litigation Funding Investment market are
This Report Segments the Global Litigation Funding Investment Market into:
By End User
Global Litigation Funding Investment Market: Regional Segment Analysis
An increase in the investments of petty legal suits is driving the growth of the litigation funding investment market. Additionally, the surging trend of high yield, at potentially lower risk is fueling the market growth.
According to Zion Market Research, the Litigation Funding Investment market is expected to generate revenue of around USD 20548.5 Million by end of 2026, growing at a CAGR of around 6.7% between 2020 and 2026.
The North American region is expected to make notable contributions to the growth of the Litigation Funding Investment market.
Some main participants of the Litigation Funding Investment market Apex Litigation Finance, Augusta Ventures Limited, Balance Legal Capital LLP, Burford Capital LLC, Deminor, FORIS AG, Harbour Litigation Funding Limited, IMF Bentham, Legalist Inc, Longford Capital Management LP, Nivalion, Omni Bridgeway, Pravati Capital, Therium Group Holdings Limited, Validity Finance LLC, and Woodsford Litigation Funding Ltd among others.