The global Expert Witness Services market size is projected to reach USD 0.54 billion by 2029

Posted By: sales | Published Date: Dec 11,2024

Expert Witness Services Market Summary

The global Expert Witness Services market size is predicted to grow from US$ 697 million in 2024 to US$ 1025 million in 2030; it is expected to grow at a CAGR of 6.6% from 2024 to 2030.

Expert witnesses are key in the courtroom, as more complicated disputes need clear explanation to a jury. An expert witness can provide the court with a statement of opinion on any admissible matter calling for expertise by the witness if they are qualified to give such an opinion. Experienced professionals who can provide independent and objective testimony for even the most complex or challenging case.

Expert witness services involve the provision of specialized knowledge and expertise by an individual with significant experience and qualifications in a particular field. These experts are called upon to provide their professional opinions, analyses, and testimony in legal proceedings, where their expertise is relevant to the case.

 

According to the new market research report “Global Expert Witness Services Market Report 2024-2029”, published byLP Information, the global Expert Witness Services market size is projected to reach USD 0.54 billion by 2029, at a CAGR of 7.8% during the forecast period.

Global Expert Witness Services MarketSize(US$ Million), 2018-2029

 Expert Witness Services

Above data is based on report fromLP Information: Global Expert Witness Services Market Report 2024-2029 (published in 2024). If you need the latest data, plaese contactLP Information.

 

Global Expert Witness Services Top10Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

 Expert Witness Services

Above data is based on report fromLP Information: Global Expert Witness Services Market Report 2024-2029 (published in 2024). If you need the latest data, plaese contactLP Information.

According toLP Information Top Players Research Center, the global key manufacturers of Expert Witness Services include Intertek, ForensisGroup, Expert Witness, Cahn Litigation, Element, etc. In 2022, the global top four players had a share approximately 36% in terms of revenue.

Market Drivers:

Increasing Complexity of Legal Cases: As legal cases become more complex, involving technical, scientific, or specialized knowledge, the demand for expert witnesses rises. Experts are needed to help the court and parties involved understand intricate details relevant to the case.

About LP Information:

LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions to achieve excellent outcomes.We have an extensive library of reports on hundreds of technologies.Search for a specific term, or click on an industry to browse our reports by subject. Narrow down your results using our filters or sort by what’s important to you, such as publication date, price, or name.

 

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