Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+ Industry Domains
Report
Press Release
Blogs
Industry Statistics
Add 2 More Reports For 20% off

Report Overview

The global contract lifecycle management software market size attained a value of USD 2.40 Billion in 2024. The market is expected to grow at a CAGR of 17.00% between 2025 and 2034 to reach almost USD 11.54 Billion by 2034.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

  • CLM software boosts efficiency by automating and streamlining contract processes across initiation, drafting, workflow management, negotiation, approval, execution, oversight, compliance, and renewal stages.

  • CLM software is widely used in BFSI sector. India's vast network of 160,000+ bank branches drive global contract lifecycle management software market growth.

  • The presence of 3,09,83,113 enterprises in Europe as reported by Eurostat in 2021 is fuelling the global contract lifecycle management software market.

Compound Annual Growth Rate

17%

Value in USD Billion

2025-2034


Contract Lifecycle Management Software Market Outlook

*this image is indicative*

As per the contract lifecycle management (CLM) software market report, CLM software enhances efficiency by automating and simplifying contract processes across essential stages such as initiation, drafting, workflow management, negotiation, approval, execution, ongoing oversight, compliance within the repository, and contract renewal. Buyers and suppliers benefit from time savings and error reduction by establishing a shared language, utilising core templates, unified terms, and consistent conditions.

The primary goal of most contract management software is to offer improved visibility into corporate spending, enhance efficiency throughout the contract lifecycle, and reduce administrative expenses. For example, contract lifecycle management software is extensively utilised within the BFSI sector. In India, there are over 160,000 bank branches, roughly equating to about 15 branches per 100,000 people, as reported by the National Investment Promotion and Facilitation Agency, thus, boosting the global contract lifecycle management software market growth.

BANKING INDUSTRY IN INDIA, IN 2022

Global Contract Lifecycle Management Software Market

Key Trends and Developments

Contract Lifecycle Management Software Industry Trends

As per the contract lifecycle management software market study, the significant return on investment (ROI) linked with implementing CLM software presents an attractive option for organisations aiming for efficient contract management. Furthermore, the growing focus on streamlining contract tasks with CLM software enables organisations to enhance productivity and refine their contract processes for increased competitiveness, thereby fuelling the contract lifecycle management software market expansion.

CLM software seamlessly incorporates legal and business requirements into contracts, mitigating the risk of misunderstandings and disputes. Additionally, it enhances transparency and accountability, serving as an asset for companies grappling with intricate modern contracts.

Market Segmentation

"Contract Lifecycle Management Software Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Market Breakup by Deployment Model

  • Cloud-Based
  • On-Premises

Market Breakup by CLM Offering

  • Licensing and Subscription
  • Services

Market Breakup by Enterprise Size

  • Large Enterprise
  • Small and Medium Enterprise

Market Breakup by Industry

  • Automotive
  • Electrical and Electronics
  • Pharmaceutical
  • Retail and E-commerce
  • Manufacturing
  • BFSI  
  • Others

Market Breakup by Region

  • North America 
  • Europe 
  • Asia Pacific 
  • Latin America 
  • Middle East and Africa

Based on deployment, the cloud-based model is boosting the contract lifecycle management software market growth due to its cost-effectiveness

Cloud-based contract lifecycle management offers improved access and insights into contract data while strengthening security and centralisation. It allows for remote access and real-time data capture without limitations.

On-premises computing provides complete infrastructure control, enabling customisation to fulfil industry requirements for optimal performance and flexible configurations.

According to CLM offering, the global contract lifecycle management software market share is lead by licensing and subscription models

Licensing and subscription entail legal permissions for software or service usage, typically stipulated in contracts, with regular payments for access. It ensures efficient management of such agreements, fostering transparency and accountability.

CLM services comprise professional offerings aiding implementation, customisation, and maintenance, including consulting, training, and integration services.

Large enterprises hold a dominant position in the market due to their extensive operations and significant workforce size

Large enterprises require sophisticated CLM solutions to manage numerous contracts, complex agreements, and compliance requirements. They prioritise scalability, integration with ERP and CRM systems, and customisation.

Conversely, small and medium enterprises, with limited resources, favour cloud-based CLM for affordability and efficiency, seeking user-friendly solutions to streamline contract processes and reduce manual work.

The manufacturing sector holds a prominent position in the global contract lifecycle management software market, primarily because of its intricate supply chain and procurement requirements

In manufacturing, CLM solutions are crucial for supplier contract management, compliance, and procurement optimisation.

Automotive firms utilise CLM software for supply chain contract management with suppliers, distributors, and dealerships. Likewise, in electrical and electronics, CLM aids in managing supplier contracts for components and raw materials, ensuring product specifications and supply chain adherence.

Pharmaceutical companies rely on CLM software to comply with stringent regulations in research, development, and supplier contracts while protecting data privacy. Retailers and e-commerce businesses use CLM for vendor contracts, performance tracking, and pricing compliance. In BFSI, CLM manages contracts with individuals, partners, and regulators, reducing risks and ensuring compliance.

Competitive Landscape

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

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.

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.

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.

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.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

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.

Global Contract Lifecycle Management Software Market Analysis by Region

North America leads the market with a significant share due to its large enterprises needing advanced CLM solutions for complex contracts.

Europe sustains a robust market presence, driven by rising demand for CLM solutions to streamline complex contracts, ensure regulatory compliance, and improve operational efficiency. Increasing enterprises in the EU is boosting the product demand.

ENTERPRISE STATISTICS BY SIZE CLASS IN THE EUROPEAN UNION IN 2021

Enterprises Number Persons Employed Net turnover- million euros
3,09,83,113 15,61,24,230 3,23,48,400

Asia Pacific is prominent with numerous CLM software providers, including established companies and startups. Further, the Middle East and Africa is witnessing growth driven by interest in cloud-based CLM solutions. Latin America's established business sectors contribute to its promising growth in the CLM software market.

More Insights On

United States Contract Lifecycle Management Software Market

Contract Lifecycle Management Software Market Report Snapshots

Contract Lifecycle Management Software Companies

*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.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

The contract lifecycle management software market attained a value of USD 2.40 Billion in 2024.

The market is projected to grow at a CAGR of 17.00% between 2025 and 2034.

The revenue generated in the market is expected to reach USD 11.54 Billion in 2034.

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.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Deployment Model
  • CLM Offerings
  • Enterprise Size
  • Industry
  • Region
Breakup by Deployment Model
  • Cloud-Based
  • On-Premises
Breakup by CLM Offerings
  • Licensing and Subscription
  • Services
Breakup by Enterprise Size
  • Large Enterprise
  • Small and Medium Enterprise
Breakup by Industry
  • Automotive
  • Electrical and Electronics
  • Pharmaceutical
  • Retail and E-commerce
  • Manufacturing
  • BFSI
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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
  • Others 
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Datasheet

10 % Off

USD

2,499

2,249

Single User License

10 % Off

USD

3,999

3,599

Five User License

15 % Off

USD

4,999

4,249

Corporate License

15 % Off

USD

5,999

5,099

Datasheet

One User

USD 2,499

USD 2,249

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Single User License

One User

USD 3,999

USD 3,599

tax inclusive*

  • All Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Five User License

Five User

USD 4,999

USD 4,249

tax inclusive*

  • All Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 5,999

USD 5,099

tax inclusive*

  • All Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

License Type

Select License Type

Choose the right license for your needs and access rights.

shopping cart

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us