Contract Lifecycle Management Software Market Size, Growth, Trends, Forecast 2021-2030
The global contract lifecycle management software market is projected to hit growth at a CAGR of 10.5% over the forecast period and is expected to be worth around US$ 3.8 Bn by 2030.
Contract lifecycle management (CLM) software assists in efficiently managing the complete process of a contract signed between two or more organizations. It comprises of eight vital steps: contract drafting, negotiation, approval, compliance and administration, repository, compliance optimization, retrieval, and renewal, amendments and disposition. CLM software ensures adherence to regulations, mitigates risks associated with a contract, protects an organization from incurring a penalty for non-compliance and enhances their decision-making process. Apart from this, it also helps the organization in forming alliances with other firms in order to expand their consumer base. As a result, the demand for CLM software is rising in the public, healthcare, manufacturing and financial service sectors across the globe.
Market Drivers:
CLM software helps lawyers in retrieving similar contracts from the library for reference purposes which can be viewed virtually in formats like Microsoft Word, PowerPoint and Excel. This reduces the time to review and enables organizations to identify loopholes in their system. This software also offers efficiency and transparency in reporting mechanisms and management controls, and allows organizations to ensure compliance with acts implemented by governing authorities. Moreover, the emergence of cloud-based CLM software is driving the demand for this solution across various industries as it offers an easy-to-use interface, provides seamless integration with popular CLM systems, enables dynamic workflow approvals and significantly reduces overall costs. In addition to this, it helps enterprises minimize infrastructural investments related to contract management. Due to rapid globalization, the requirement for a collaborative approach in handling projects and joint ventures has gained immense significance as it leads to better contract visibility for the concerned parties. On account of this, organizations are initiating large-scale collaborations to cope with constant alterations in their businesses which is expected to create a positive outlook for the CLM market.
Report Scope
Key Players
The competitive landscape of the market has also been examined with some of the key players being CLM Matrix, IBM Emptoris, Icertis, SAP, BravoSolution, Contracked, Contract Logix, Coupa Software, Determine, Easy Software, ESM Solutions, Great Minds Software, Infor, Ivalua, Optimus BT, Oracle, Symfact, SpringCM, Newgen Software and Zycus.
Market Segmentation
Market By Deployment Mode
Market By Offering
Market By Enterprise Size
Market By End Use
Market By Region
This report focuses on contract lifecycle management software market includes crucial information on market share, market size, and growth rate for the forecast period 2021 to 2030 at the global level, regional level and company level. From a global perspective, this report represents overall contract lifecycle management software market size by analyzing historical data and future prospect. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics. The study includes drivers and restraints of the global contract lifecycle management software market.
The research not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.
In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of segments. The report analyzes the global market in terms of value (US$ dollers) and volume (Million Units).
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the contract lifecycle management software market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the contract lifecycle management software market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Contract lifecycle management software market.
Market Segments: This part of the report discusses about product, application and other segments of the contract lifecycle management software market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses about the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Regional Analysis
The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2017 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
The report provides in-depth segment analysis of the global contract lifecycle management software market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the contract lifecycle management software market.
The report includes country-wise and region-wise market size for the period 2017-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2017-2030.
Competitive Landscape and Market Share Analysis
The contract lifecycle management software market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, contract lifecycle management software sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2017-2020, this study provides the contract lifecycle management software sales, revenue and market share for each player covered in this report.
Research Methodology
The research methodology adopted by analysts for compiling the global contract lifecycle management software market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global contract lifecycle management software market.
The study objectives of this report are:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Contract Lifecycle Management Software Market, By Deployment Mode
7.1. Contract Lifecycle Management Software Market, by Deployment Mode, 2021-2030
7.1.1. On-premise
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Cloud
7.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Contract Lifecycle Management Software Market, By Offering
8.1. Contract Lifecycle Management Software Market, by Offering, 2021-2030
8.1.1. Licensing and Subscription
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Services
8.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Contract Lifecycle Management Software Market, By Enterprise Size
9.1. Contract Lifecycle Management Software Market, by Enterprise Size, 2021-2030
9.1.1. Large Enterprises
9.1.1.1. Market Revenue and Forecast (2016-2030)
9.1.2. Small and Medium Enterprises (SMEs)
9.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 10.Global Contract Lifecycle Management Software Market, By End Use
10.1. Contract Lifecycle Management Software Market, by End Use, 2021-2030
10.1.1. Automotive
10.1.1.1. Market Revenue and Forecast (2016-2030)
10.1.2. BFSI
10.1.2.1. Market Revenue and Forecast (2016-2030)
10.1.3. Electrical and Electronics
10.1.3.1. Market Revenue and Forecast (2016-2030)
10.1.4. Healthcare
10.1.4.1. Market Revenue and Forecast (2016-2030)
10.1.5. Manufacturing
10.1.5.1. Market Revenue and Forecast (2016-2030)
10.1.6. Retail and Ecommerce
10.1.6.1. Market Revenue and Forecast (2016-2030)
10.1.7. Others
10.1.7.1. Market Revenue and Forecast (2016-2030)
Chapter 11.Global Contract Lifecycle Management Software Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.1.2. Market Revenue and Forecast, by Offering (2016-2030)
11.1.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.1.4. Market Revenue and Forecast, by End Use (2016-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.1.5.2. Market Revenue and Forecast, by Offering (2016-2030)
11.1.5.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.1.5.4. Market Revenue and Forecast, by End Use (2016-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.1.6.2. Market Revenue and Forecast, by Offering (2016-2030)
11.1.6.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.1.6.4. Market Revenue and Forecast, by End Use (2016-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.2.2. Market Revenue and Forecast, by Offering (2016-2030)
11.2.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.2.4. Market Revenue and Forecast, by End Use (2016-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.2.5.2. Market Revenue and Forecast, by Offering (2016-2030)
11.2.5.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.2.5.4. Market Revenue and Forecast, by End Use (2016-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.2.6.2. Market Revenue and Forecast, by Offering (2016-2030)
11.2.6.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.2.6.4. Market Revenue and Forecast, by End Use (2016-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.2.7.2. Market Revenue and Forecast, by Offering (2016-2030)
11.2.7.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.2.7.4. Market Revenue and Forecast, by End Use (2016-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.2.8.2. Market Revenue and Forecast, by Offering (2016-2030)
11.2.8.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.2.8.4. Market Revenue and Forecast, by End Use (2016-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.3.2. Market Revenue and Forecast, by Offering (2016-2030)
11.3.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.3.4. Market Revenue and Forecast, by End Use (2016-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.3.5.2. Market Revenue and Forecast, by Offering (2016-2030)
11.3.5.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.3.5.4. Market Revenue and Forecast, by End Use (2016-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.3.6.2. Market Revenue and Forecast, by Offering (2016-2030)
11.3.6.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.3.6.4. Market Revenue and Forecast, by End Use (2016-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.3.7.2. Market Revenue and Forecast, by Offering (2016-2030)
11.3.7.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.3.7.4. Market Revenue and Forecast, by End Use (2016-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.3.8.2. Market Revenue and Forecast, by Offering (2016-2030)
11.3.8.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.3.8.4. Market Revenue and Forecast, by End Use (2016-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.4.2. Market Revenue and Forecast, by Offering (2016-2030)
11.4.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.4.4. Market Revenue and Forecast, by End Use (2016-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.4.5.2. Market Revenue and Forecast, by Offering (2016-2030)
11.4.5.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.4.5.4. Market Revenue and Forecast, by End Use (2016-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.4.6.2. Market Revenue and Forecast, by Offering (2016-2030)
11.4.6.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.4.6.4. Market Revenue and Forecast, by End Use (2016-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.4.7.2. Market Revenue and Forecast, by Offering (2016-2030)
11.4.7.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.4.7.4. Market Revenue and Forecast, by End Use (2016-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.4.8.2. Market Revenue and Forecast, by Offering (2016-2030)
11.4.8.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.4.8.4. Market Revenue and Forecast, by End Use (2016-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.5.2. Market Revenue and Forecast, by Offering (2016-2030)
11.5.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.5.4. Market Revenue and Forecast, by End Use (2016-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.5.5.2. Market Revenue and Forecast, by Offering (2016-2030)
11.5.5.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.5.5.4. Market Revenue and Forecast, by End Use (2016-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Deployment Mode (2016-2030)
11.5.6.2. Market Revenue and Forecast, by Offering (2016-2030)
11.5.6.3. Market Revenue and Forecast, by Enterprise Size (2016-2030)
11.5.6.4. Market Revenue and Forecast, by End Use (2016-2030)
Chapter 12. Company Profiles
12.1. CLM Matrix
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. IBM Emptoris
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Icertis
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. SAP
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. BravoSolution
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Contracked
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Contract Logix
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Coupa Software
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Determine
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Easy Software
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. ESM Solutions
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers