Reports
Reports
Sale
The United States contract lifecycle management software market size was approximately USD 699 million in 2023. The market is assessed to grow at a CAGR of 5% between 2024 and 2032, reaching a value of USD 898 million by 2032.
A contract lifecycle management software enables an organisation to manage their contracts with other entities from the stage of initiation right through to expiry/renewal. They can result in significant cost savings and efficiency in processes by minimising the risk of missing legal obligations and improving compliance with legal guidelines.
Based on deployment mode, the market is bifurcated into on-premises and cloud. On the basis of component, the market can be divided into software and services. By enterprise size, the market can be categorised into small and medium enterprises and large enterprises. Based on industry vertical, the market segmentation includes automotive, pharmaceutical, electrical and electronics, BFSI, manufacturing, and retail and e-commerce, among others.
The major regional markets for contract lifecycle management software include New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States contract lifecycle management software market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
As per the in-depth market analysis, cloud service providers are expected to account for the majority of the market share. This is because cloud-based solutions help save time and resources of businesses by managing software on their own. Cloud service providers allow them to pay for the usage of storage and workspace as and when the need arises, which brings down costs and helps businesses in enhancing their operational efficiency. Additionally, the rise of subscription-based services has increased the demand for cloud-based contract lifecycle management software in the United States.
As per the United States contract lifecycle management software market analysis, the pharmaceutical sector is expected to be one of the leading segments based on industry vertical. The ingoing trend indicates that the biotech and pharmaceutical firms are expected to increase the use of contract lifecycle management software to negotiate intellectual property rights, share exclusive findings, and demand funding. It is anticipated to streamline signing of patient consent forms for major surgeries in the healthcare sector and help them in maintaining documents as per the format prescribed by the regulatory authorities.
SAP SE was founded in 1972 and is headquartered in Walldorf, Germany. The company is one of the world’s leading producers of software business process management. It established the world standard for ERP software with its SAP S/4 HANA, now using in-computing memory to process vast amounts of data and support advanced technologies. It has more than 24000 partner companies across 100 countries in the world, and has consistently ranked as the topmost software company on the Dow Jones Sustainability Index.
Icertis, Inc. was founded in 2009 and is headquartered in Washington, the United States. It is one of the leading contract lifecycle management software companies in the world with operations in over 90 countries and 10 million contracts under management. It was listed as one of the top 100 cloud companies by Forbes in 2023 and has consistently ranked as a leader in Gartner’s Contract Lifecycle Companies Management list.
Agiloft Inc. was founded in 1991 and is headquartered in California, the United States. It provides contract lifecycle management software solutions to small and big companies across the world. Its Contract and Commercial Lifecycle Platform has won the Editor’s Choice Award from PC Mag.
Other major players in the United States contract lifecycle management software market are Concord Worldwide, Inc., DocuSign, Inc., Coupa Software Inc., Zycus Inc., Apttus Corp. (Conga), Onit Inc. (SecureDocs, Inc.), and Evisort Inc., among others.
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 Mode |
|
Breakup by Component |
|
Breakup by Enterprise Size |
|
Breakup by Industry Vertical |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Contract Lifecycle Management Software Market Overview
8.1 Key Industry Highlights
8.2 North America Contract Lifecycle Management Software Historical Market (2018-2023)
8.3 North America Contract Lifecycle Management Software Market Forecast (2024-2032)
8.4 North America Contract Lifecycle Management Software Market Breakup by Country
8.4.1 United States
8.4.2 Canada
9 United States Contract Lifecycle Management Software Market Overview
9.1 Key Industry Highlights
9.2 United States Contract Lifecycle Management Software Historical Market (2018-2023)
9.3 United States Contract Lifecycle Management Software Market Forecast (2024-2032)
10 United States Contract Lifecycle Management Software Market by Deployment Mode
10.1 On-Premises
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cloud
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 United States Contract Lifecycle Management Software Market by Component
11.1 Software
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Services
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Contract Lifecycle Management Software Market by Enterprise Size
12.1 Small and Medium Enterprises
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Large Enterprises
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 United States Contract Lifecycle Management Software Market by Industry Vertical
13.1 Automotive
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Pharmaceutical
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Electrical and Electronics
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 BFSI
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Manufacturing
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Retail and E-Commerce
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Others
14 United States Contract Lifecycle Management Software Market by Region
14.1 New England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mideast
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Great Lakes
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Plains
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Southeast
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Southwest
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
14.7 Rocky Mountain
14.7.1 Historical Trend (2018-2023)
14.7.2 Forecast Trend (2024-2032)
14.8 Far West
14.8.1 Historical Trend (2018-2023)
14.8.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 SAP SE
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Concord Worldwide, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 DocuSign, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Coupa Software Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Zycus Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Icertis, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Agiloft Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Apttus Corp. (Conga)
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Onit Inc. (SecureDocs, Inc.)
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Evisort Inc.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Contract Lifecycle Management Software Market: Key Industry Highlights, 2018 and 2032
2. United States Contract Lifecycle Management Software Market: Key Industry Highlights, 2018 and 2032
3. United States Contract Lifecycle Management Software Historical Market: Breakup by Deployment Mode (USD Million), 2018-2023
4. United States Contract Lifecycle Management Software Market Forecast: Breakup by Deployment Mode (USD Million), 2024-2032
5. United States Contract Lifecycle Management Software Historical Market: Breakup by Component (USD Million), 2018-2023
6. United States Contract Lifecycle Management Software Market Forecast: Breakup by Component (USD Million), 2024-2032
7. United States Contract Lifecycle Management Software Historical Market: Breakup by Enterprise Size (USD Million), 2018-2023
8. United States Contract Lifecycle Management Software Market Forecast: Breakup by Enterprise Size (USD Million), 2024-2032
9. United States Contract Lifecycle Management Software Historical Market: Breakup by Industry Vertical (USD Million), 2018-2023
10. United States Contract Lifecycle Management Software Market Forecast: Breakup by Industry Vertical (USD Million), 2024-2032
11. United States Contract Lifecycle Management Software Historical Market: Breakup by Region (USD Million), 2018-2023
12. United States Contract Lifecycle Management Software Market Forecast: Breakup by Region (USD Million), 2024-2032
13. United States Contract Lifecycle Management Software Market Structure
In 2023, the market reached an approximate value of USD 699 million.
The market is estimated to grow at a CAGR of 5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 898 million by 2032.
The market is being driven by the growing requirement for businesses to simplify contractual processes and lower compliance risk and the rising requirement for identification of critical business relationships to solve business problems together due to expansion of remote workplaces.
The key trends aiding the market expansion include technological advancements in AI and machine learning, mergers and acquisitions in the industry, and the shift to sustainability and a paperless workspace, supported by the automation of contract creation.
The major regions in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The major industry verticals include automotive, pharmaceutical, electrical and electronics, BFSI, manufacturing, and retail and e-commerce, among others.
The key players in the market are SAP SE, Concord Worldwide, Inc., DocuSign, Inc., Coupa Software Inc., Zycus Inc., Icertis, Inc., Agiloft Inc., Apttus Corp. (Conga), Onit Inc. (SecureDocs, Inc.), and Evisort Inc., among others.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
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.