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The competitiveness within the global contract lifecycle management software market arises from the manufacturing and automotive sector, software and services, and economic growth.
SAP SE was founded in 1972 and is based in Germany. SAP Modules constitute business management software designed for collecting, storing, managing, and interpreting data across various functional domains, including financial accounting, human resources, and customer relationship management.
DocuSign, Inc. was founded in 2003 and is based in the United States. DocuSign eSignature serves as electronic document signing software enabling swift and secure online approval collection, ensuring legal validity. It replaces time-consuming manual signing procedures, enhancing agreement efficiency and productivity to the fullest.
Coupa Software Inc. was founded in 2006 and is based in the United States. Coupa provides an e-invoicing module to improve user experience, enabling companies to electronically receive and process invoices. This diminishes reliance on paper-based methods and manual data input. Additionally, the BSM provider offers a payments hub solution.
Agiloft Inc. was founded in 1990 and is based in the United States. Agiloft specialises in creating contract lifecycle management (CLM) software, with a focus on delivering efficient solutions for purchasing, legal operations, and sales cycles. They aim to substantially reduce compliance risk through this offering.
Other global contract lifecycle management software market key players are Concord Worldwide Inc., Deltek Inc., Conga, Ironclad, Inc., Icertis, Oracle Corporation, Contracts 365, Inc., Newgen Software Technologies, and others.
Contract Lifecycle Management Software Market Size
Contract Lifecycle Management Software Market Trends
Contract Lifecycle Management Software Companies
Contract Lifecycle Management Software Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The contract lifecycle management software market attained a value of USD 2.40 billion in 2023.
The market is projected to grow at a CAGR of 17% between 2024 and 2032.
The revenue generated in the market is expected to reach USD 9.84 billion in 2032.
The Contract Lifecycle Management (CLM) market benefits from improvements in healthcare, government services, regulatory partnerships, and optimizing tasks related to contracts.
Based on the deployment model, the market is bifurcated into cloud-based and on-premises.
Key players in the industry are Concord Worldwide Inc, Deltek Inc., SAP SE, Conga, Ironclad, Inc., Icertis, DocuSign, Inc., Oracle Corporation, Contracts 365, Inc., Coupa Software Inc., Agiloft Inc., Newgen Software Technologies, and others.
The major market areas include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The different types of offerings in the CLM market include licensing and subscriptions and services.
The different enterprises in the market are small and medium-sized enterprises and large enterprises.
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