Press Release
Press Release
CLM (contract lifecycle management) software is widely adopted by legal and commercial teams to process a high volume of routine contracts. The growing demand for flexible contract management, the growing need for contract compliance, and the rapid adoption of AI/ML technologies are driving the demand for AI-enabled contract management software, across the globe. This aids the contract lifecycle management software market demand. With the business landscape evolving and becoming highly regulatory, there is a growing focus on compliance. CLM software helps businesses improve compliance by offering them more control and visibility over the company's contracts.
The growth in affordable corporate applications and CLM programs is driving economic growth in Asia Pacific countries such as China and India. Various features of CLM, including advanced data protection settings, configurable approval workflows, and the central contract repository support improved governance. CLM software is widely deployed in several sectors, including government, healthcare, information technology, and telecommunications.
In October 2023, Sirion, a leading provider of AI-powered contract lifecycle management (CLM), partnered with IBM Corporation (NYSE: IBM) to embed IBM Watsonx into its CLM platform. The new platform is designed to make contracting accessible to all members in an enterprise and allows them to mine insights from across contracts, enterprise data, and other data resources.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global contract lifecycle management software market are SAP SE, DocuSign, Coupa Software Inc., Agiloft Inc., Icertis, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Deployment Model |
|
Breakup by CLM Offerings |
|
Breakup by Enterprise Size |
|
Breakup by Industry |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.