Contract Lifecyle Management Software Market

Contract lifecyle management (CLM) software helps to organize the meticulous and complex contractual negotiation process between buyers and suppliers. These apps typically manage the entire contract lifecycle, from initial request for proposal (RFP) to later re-negotiations. Users can get full control of the contractual procedure which minimizes supplier risk, and also helps them obtain deep insight into contracts, which creates more negotiation opportunities and boosts cash flow.

CLM software systems range from applications that exclusively manage vendor contracts to robust suites that include bidding, sourcing, and procurement features. These solutions can seamlessly integrate with enterprise resourcing planning (ERP), supply chain, and accounting systems.
Contract Lifecyle Management Software Market contains market size and forecasts of Contract Lifecyle Management (CLM) Software in Global, including the following market information:
Global Contract Lifecyle Management (CLM) Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Contract Lifecyle Management (CLM) Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cloud-based Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Contract Lifecyle Management (CLM) Software include SAP, Icertis, Apttus, IBM Emptoris, CLM Matrix, CobbleStone Software, Agiloft, Coupa and Exari, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Contract Lifecyle Management (CLM) Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contract Lifecyle Management (CLM) Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Contract Lifecyle Management (CLM) Software Market Segment Percentages, by Type, 2021 (%)
Cloud-based
On-premises
Global Contract Lifecyle Management (CLM) Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Contract Lifecyle Management (CLM) Software Market Segment Percentages, by Application, 2021 (%)
Small and Medium-sized Enterprises (Below 250 Employees)
Large Enterprises (250+ Employees)
Global Contract Lifecyle Management (CLM) Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Contract Lifecyle Management (CLM) Software Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contract Lifecyle Management (CLM) Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Contract Lifecyle Management (CLM) Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SAP
Icertis
Apttus
IBM Emptoris
CLM Matrix
CobbleStone Software
Agiloft
Coupa
Exari
Model N
Conga
DocuSign
ContractWorks
Concord
Determine
Gatekeeper
ManageEngine
Symfact
Ecteon
Sysintellects
GEP
Ultria
Jaggaer
Onit, Inc.
ConvergePoint