Global and United States Contract Life-Cycle Management Market Report & Forecast 2022-2028

Contract lifecycle management (CLM) is the methodical management of contracts from beginning till the end. This includes third-party contracts, such as outsourcing, procurement, sales, non-disclosure, intellectual property, leasing, facilities management and other licensing, and agreements containing contractual obligations.
Market Analysis and Insights: Global and United States Contract Life-Cycle Management Market
This report focuses on global and United States Contract Life-Cycle Management market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Contract Life-Cycle Management market size is estimated to be worth US$ 1718.1 million in 2022 and is forecast to a readjusted size of US$ 4078.9 million by 2028 with a CAGR of 15.5% during the review period. Fully considering the economic change by this health crisis, by Type, Cloud-based accounting for % of the Contract Life-Cycle Management global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Small Enterprises was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The on-premises model is primarily preferred by large enterprises as they have all the necessary infrastructure including in-house IT support and back-up servers to provide the extra level of security that facilitates complete control over the critical data. To cater to this preference, the vendors in the contract management software market provide additional services such as offer installation, data migration, and employee training services during software implementation.
Global Contract Life-Cycle Management Scope and Market Size
Contract Life-Cycle Management market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Contract Life-Cycle Management market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Contract Life-Cycle Management market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Cloud-based
On-premises
Segment by Application
Small Enterprises
Large Enterprises
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
IBM Emptoris
Icertis
SAP
Apttus
CLM Matrix
Oracle
Infor
Newgen Software
Zycus
Symfact
Contract Logix
Coupa Software
ESM Solutions
Optimus BT