Research Nester published a report titled “Litigation Funding Investment Market: Global Demand Analysis and Opportunity Outlook 2028” which delivers detailed overview of the litigation funding investment market in terms of market segmentation by type, enterprise size, end users, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global litigation funding investment market is primarily driven by the benefits offered by litigation funding as it enables the businesses to focus on their core business. The litigation funders cover the litigation costs of the disputes, keeping these costs off the balance sheet. The litigation funding enables the organization to head into expensive legal battles while reducing the risk factor for the organization. The global litigation funding investment market was valued at USD 11,473.3 million in 2019 and is expected to grow up to USD 24,067.5 million by 2028, at a CAGR of 8.76% over the forecast period of 2020-2028. The global litigation funding investment market is segmented by end users into BFSI, manufacturing, IT & telecommunications, media & entertainment, healthcare, and others. The BFSI segment is leading the global litigation funding investment market, accounting for USD 3,374.3 million in 2019. There is an ongoing trend of using advanced technologies such as Artificial Intelligence in the litigation funding investment market to predict the outcome of the cases. New start-ups are emerging in the market that use specifically designed algorithms to evaluate the risks associated with the cases.
Based on region, the global litigation funding investment market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa region, out of which, the market in North America region held the largest market share in 2019. The North America litigation funding investment market accounted for USD 6,303.4 million in 2019 and is anticipated to reach USD 13,708.8 million by 2028, at a CAGR of 9.19% over the forecast period. The North American litigation funding investment market has witnessed a rapid diversification from a single dispute investment to portfolio funding structures. As portfolio funding is anticipated to have the potential to make a law firm’s financial position stable as the firm pursues strategic changes. This trend across the region is anticipated to drive the growth of litigation funding investment market during the forecast period.
Increasing Number Of Lawsuit Funders Across The Globe to Drive the Market Growth
The growing number of disputes among organizations that are operating in the same domain across the globe is estimated to provide opportunities for the growth of litigation funding investment market during the forecast period. On the other hand, the numerous benefits offered by litigation funding, such as reduction of the impact of the short-term finances of an organization, is also anticipated to drive the market growth.
However, the cost of investments and the presence of unclear rules are anticipated to hinder the growth of litigation funding investment market in the coming years.
This report also provides the existing competitive scenario of some of the key players of the global litigation funding investment market, which includes company profiling of Apex Litigation Finance, Augusta Ventures Ltd., Burford Capital LLC, Woodsford Litigation Funding Ltd., Omni Bridgeway (ASX: OBL), Harbour Litigation Funding Ltd., Deminor, Balance Legal Capital LLP, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global litigation funding investment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.