The global contract lifecycle management software market is anticipated to grow at a CAGR of around 10.2% during the forecast period 2020 to 2027 and to reach around US$ 3.0 Bn by 2027.
Market Dynamics
Increasing number of merger and acquisition activities across the globe in order to enhance the product portfolio and enhance the business presence overseas is resulting in demand for contract lifecycle management software in order to eliminate or mitigate risks related to legality, financing, and procurement is expected to impact the growth of contract lifecycle management market.
Players are focused on collaborative work and introduction of innovative products is another factor expected to further support the growth of target market.
- In 2018, DocuSign in collaboration with SpringCM developed and introduced DocuSign Gen in the market a new contract management solution. This helps the users to automate, simplify, and streamline the generation of agreements, such as sales contracts, quotes, etc. this is expected to help the company to enhance the customer base and increase the profit ratio.
In addition, major players approach towards increasing the business presence and enhance the product portfolio through merger and acquisition is important factor expected to augment the growth of target market.
- In 2019, Coupa acquired Exari one of the leading contract management players in the market. This acquisition is expected to help the company to increase the product portfolio and increase the revenues share.
- In 2018, DocuSign acquired SpringCM, one of the leading CLM, cloud-based document generation software providers. This acquisition will help the company to enhance the customer base and increase the profit share.
However, factors such as lack of skilled professional and high threat of cyber attack are expected to further hamper the growth of global contract lifecycle management software market. In addition, high cost of software for small and mid-size enterprises is another factor expected to challenge the growth of target market.
High investment by major players and approach towards development of new products with AI and advanced analytics are other major factors responsible to create new opportunities for players operating in the target market over the forecast period.
Contract Lifecycle Management Software Market Segment Analysis, 2019
The global contract lifecycle management software market is segmented in to offering, enterprise size, deployment mode, and end use. The end use segment is further bifurcated in to automotive, BFSI, electrical and electronics, healthcare, manufacturing, retail & ecommerce, and others. Among deployment mode, the cloud is expected to witness faster growth over the forecast period due to high penetration of high speed internet and high adoption of cloud services from mid-size enterprises. The offerings segment of the global market is divided in to licensing and subscription and services.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to high demand for CLM software from healthcare and BFSI sector. In addition, presence of major players operating in the country along with introduction of cloud based services is another factors expected to positively impact the growth of regional market.
Asia Pacific is expected to witness faster growth in the near future owing to major player’s inclination towards emerging economies in order to track the untapped market. In addition, flourishing electronics sector, emergence of mid-size enterprises is resulting in demand for CLM software in order to increase the business transparency.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
|
Market
|
Global Contract Lifecycle Management Software Market
|
|
Analysis Period
|
2016 – 2027
|
|
Base Year
|
2019
|
|
Forecast Data
|
2020 – 2027
|
|
Market Stratification
|
Offering, Enterprise Size, Deployment Mode, End Use and Geography
|
|
Regional Scope
|
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
|
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
|
The market research study on “Contract Lifecycle Management Software Market (Offering: Licensing and Subscription and Services; Deployment Mode: On-premise and Cloud; Enterprise Size: Large Enterprises and Small and Medium Enterprises (SMEs); End Use: Automotive, BFSI, Electrical and Electronics, Healthcare, Manufacturing, Retail & Ecommerce, and Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global contract lifecycle management software market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global contract lifecycle management software market segment by offering, enterprise size, deployment mode, end use and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global contract lifecycle management software market size and segment markets by offering, enterprise size, deployment mode, end use and geography along with the information on companies operating in the market. The contract lifecycle management software market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Ivalua Inc., Jaggaer, Newgen Software Technologies Limited, Optimus BT, Inc., CLM Matrix, Contract Logix, LLC, Coupa Software Inc., Determine, IBM Corporation, Icertis, and Infor.
Market Segmentation
Market By Offering
- Licensing and Subscription
- Services
Market By Deployment Mode
Market By Enterprise Size
- Large Enterprises
- Small and Medium Enterprises (SMEs)
Market By End Use
- Automotive
- BFSI
- Electrical and Electronics
- Healthcare
- Manufacturing
- Retail & Ecommerce
- Others
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Contract Lifecycle Management Software
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Contract Lifecycle Management Software Market By Offering
1.2.2.1. Global Contract Lifecycle Management Software Market Revenue and Growth Rate Comparison By Offering (2020-2027)
1.2.2.2. Global Contract Lifecycle Management Software Market Revenue Share By Offering in 2019
1.2.2.3. Licensing and Subscription
1.2.2.4. Services
1.2.3. Contract Lifecycle Management Software Market By Deployment Mode
1.2.3.1. Global Contract Lifecycle Management Software Market Revenue and Growth Rate Comparison By Deployment Mode (2020-2027)
1.2.3.1.1. On-premise
1.2.3.1.2. Cloud
1.2.4. Contract Lifecycle Management Software Market By Enterprise Size
1.2.4.1. Global Contract Lifecycle Management Software Market Revenue and Growth Rate Comparison By Enterprise Size (2020-2027)
1.2.4.2. Large Enterprises
1.2.4.3. Small and Medium Enterprises (SMEs)
1.2.5. Contract Lifecycle Management Software Market By End Use
1.2.5.1. Global Contract Lifecycle Management Software Market Revenue and Growth Rate Comparison By End Use (2020-2027)
1.2.5.2. Automotive
1.2.5.3. BFSI
1.2.5.4. Electrical and Electronics
1.2.5.5. Healthcare
1.2.5.6. Manufacturing
1.2.5.7. Retail & Ecommerce
1.2.5.8. Others
1.2.6. Contract Lifecycle Management Software Market By Geography
1.2.6.1. Global Contract Lifecycle Management Software Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.6.2. North America Contract Lifecycle Management Software Market Revenue and Growth Rate(2020-2027)
1.2.6.3. Europe Contract Lifecycle Management Software Market Revenue and Growth Rate(2020-2027)
1.2.6.4. Asia-Pacific Contract Lifecycle Management Software Market Revenue and Growth Rate(2020-2027)
1.2.6.5. Latin America Contract Lifecycle Management Software Market Revenue and Growth Rate(2020-2027)
1.2.6.6. Middle East and Africa (MEA) Contract Lifecycle Management Software Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Contract Lifecycle Management Software Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Contract Lifecycle Management Software Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Contract Lifecycle Management Software Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Contract Lifecycle Management Software Major Manufacturers in 2019
CHAPTER 4. CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY OFFERING
4.1. Global Contract Lifecycle Management Software Revenue By Offering
4.2. Licensing and Subscription
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Services
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY DEPLOYMENT MODE
5.1. Global Contract Lifecycle Management Software Revenue By Deployment Mode
5.2. On-premise
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Cloud
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY ENTERPRISE SIZE
6.1. Global Contract Lifecycle Management Software Revenue By Enterprise Size
6.2. Large Enterprises
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Small and Medium Enterprises (SMEs)
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY END USE
7.1. Global Contract Lifecycle Management Software Revenue By End Use
7.2. Automotive
7.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.3. BFSI
7.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.4. Electrical and Electronics
7.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.5. Healthcare
7.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.6. Manufacturing
7.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.7. Retail & Ecommerce
7.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
7.8. Others
7.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 8. NORTH AMERICA CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY COUNTRY
8.1. North America Contract Lifecycle Management Software Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. North America Contract Lifecycle Management Software Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. U.S.
8.3.1. U.S. Contract Lifecycle Management Software Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
8.3.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
8.4.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 9. EUROPE CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY COUNTRY
9.1. Europe Contract Lifecycle Management Software Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Europe Contract Lifecycle Management Software Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
9.3.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
9.4.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
9.5.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
9.6.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
9.7.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 10. ASIA-PACIFIC CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY COUNTRY
10.1. Asia-Pacific Contract Lifecycle Management Software Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Asia-Pacific Contract Lifecycle Management Software Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
10.3.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
10.4.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
10.5.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
10.6.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
10.6.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
10.6.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
10.7.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
10.7.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
10.7.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
10.8.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
10.8.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
10.8.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 11. LATIN AMERICA CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY COUNTRY
11.1. Latin America Contract Lifecycle Management Software Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Latin America Contract Lifecycle Management Software Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
11.3.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
11.4.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
11.5.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 12. MIDDLE EAST & AFRICA CONTRACT LIFECYCLE MANAGEMENT SOFTWARE MARKET BY COUNTRY
12.1. Middle East & Africa Contract Lifecycle Management Software Market Revenue and Growth Rate, 2020 - 2027 ($Million)
12.2. Middle East & Africa Contract Lifecycle Management Software Market Revenue Share Comparison, 2020 & 2027 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
12.3.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
12.3.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
12.3.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
12.4.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
12.4.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
12.4.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Offering, 2020 - 2027 ($Million)
12.5.2. Market Revenue and Forecast By Deployment Mode, 2020 - 2027 ($Million)
12.5.3. Market Revenue and Forecast By Enterprise Size, 2020 - 2027 ($Million)
12.5.4. Market Revenue and Forecast By End Use, 2020 - 2027 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Ivalua Inc.
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Jaggaer
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Newgen Software Technologies Limited
3.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Optimus BT, Inc.
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. CLM Matrix
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Contract Logix
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Coupa Software Inc
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Determine
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. IBM Corporation
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. Icertis
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Infor
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Others
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
