Contract Lifecycle Management Software Market Report 2021-26 | CLM Industry Trends, Market Share, Size, Growth and Opportunities
Contract lifecycle management (CLM) software helps in the management of contracts from the point of initiation to the process of renewal. It comprises various steps which include negotiation, contract drafting, approval, compliance and administration, repository, compliance optimization, retrieval, renewal, amendments, and disposition. It helps an organization to proactively address expirations and contract renewals, thereby saving the company from losing business opportunities and allowing them to negotiate in more favorable terms. As a result, it is widely used in the public, healthcare, manufacturing and financial service sectors worldwide.
Request for free sample report: https://www.imarcgroup.com/contract-lifecycle-management-software-market/requestsample
Global Contract Lifecycle Management Software Market Trends:
Before the digital era, contracts were written and managed on paper manually. However, the introduction of CLM software has helped organizations in maintaining a record of dates, prices and information about internal as well as external entities. The application provides efficiency and transparency in the reporting mechanism which enables organizations to rectify loopholes in their system and flag problematic contracts before they are executed. It also allows lawyers to access the archive of similar agreements to utilize them for reference purposes. In addition to this, it helps organizations in ensuring compliance with regulations introduced by the governing bodies. As the cost of non-compliance is high, several companies are now relying on these applications to reduce the chances of incurring the penalties. Looking forward, IMARC Group expects the global contract lifecycle management software market to continue its strong growth during the next five years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players being
SAP, Zycus Icertis, Infor, CLM Matrix, IBM Emptoris, Bravo Solution, Contracked, Contract Logix, Coupa Software, Determine, Easy Software, ESM Solutions,
Great Minds Software, Ivalua, Optimus BT, Oracle,
Symfact, SpringCM Newgen Software.
Browse full report with TOC: https://www.imarcgroup.com/contract-lifecycle-management-software-market
Market Breakup by Deployment Model:
Based on deployment models, the market has been bifurcated into cloud-based and on-premises. Amongst these, the cloud-based deployment model dominates the market, holding the largest share.
Market Breakup by CLM Offerings:
Licensing and Subscription
On the basis of offerings, licensing and subscription represent the largest segment, accounting for the majority of the global market share, followed by services.
Market Breakup by Enterprise Size:
Small and Medium Enterprise
The market has been segregated on the basis of enterprise sizes into large, and small and medium enterprises.
Market Breakup by Industry:
Electrical and Electronics
Retail and E-commerce
Based on industries, the market has been classified into automotive, electrical and electronics, pharmaceutical, retail and e-commerce, manufacturing, BFSI, and others.
Market Breakup by Region:
Middle East and Africa
Region-wise, the market has been segmented into Europe, Asia Pacific, North America, Middle East and Africa, and Latin America. At present, North America is the biggest market, holding the majority of the total market share.
Browse related reports:
Lawful Interception Market Report: https://www.imarcgroup.com/lawful-interception-market
Real-Time Bidding Market Report: https://www.imarcgroup.com/real-time-bidding-market
India Biometrics Market Report: https://www.imarcgroup.com/indian-biometrics-market
Enterprise Content Management Software Market Report: https://www.imarcgroup.com/enterprise-content-management-software-market
Gaming Peripherals Market Report: https://www.imarcgroup.com/gaming-peripherals-market
Flash Memory Card Market Report: https://www.imarcgroup.com/flash-memory-card-market
Game-Based Learning Market Report: https://www.imarcgroup.com/game-based-learning-market
Wireless POS Terminals Market Report: https://www.imarcgroup.com/wireless-pos-terminals-market
Digital Camera Market Report: https://www.imarcgroup.com/digital-camera-market
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Contract Lifecycle Management Software Market Report 2021-26 | CLM Industry Trends, Market Share, Size, Growth and Opportunities here
News-ID: 2389037 • Views: 256
More Releases from IMARC Group
Global Sugar Market Report 2021-26, Industry Size, Share, Trends and Forecast
The global sugar market reached a volume of 193.2 Million Tons in 2020. Looking forward, the market expects to reach a volume of 202.1 Million Tons by 2026, according to the latest report by IMARC Group. Sugar refers to a sweet crystalline substance that is extracted from sugarcane or sugar beet. It is used as a flavoring agent that attributes a sweet taste to a vast array of food preparations. It
Laser Hair Removal Market Trends, Demand, Industry Size, Report, Key Players, Gr …
According to IMARC Group’s latest report, titled “Laser Hair Removal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global laser hair removal market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 18% during 2021-2026. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as
Sorbitol Market Report 2021-26: Industry Analysis, Size, Share, Growth, Trends a …
The global sorbitol market reached a volume of 2.62 Million Tons in 2020. Looking forward, the market expects to reach a volume of 2.97 Million Tons by 2026, according to the latest research report by IMARC Group. Sorbitol, or glucitol, represents an odorless and white crystalline powder with approximately 50-60% of the sweetness of sucrose. It can be found in high concentrations in peaches, apples, plums, pears, apricots, etc. Sorbitol is
Silicones and Siloxanes Market 2021-2026: Size, Price, Growth, Share, Outlook, a …
According to the latest report by IMARC Group, titled “Silicones and Siloxanes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global siloxanes market size reached US$ 8.8 Billion, while the global silicones market size reached US$ 15.1 Billion in 2020. Looking forward, the global siloxanes market will expand at a CAGR of about 7.3%, whereas the silicones market will register a CAGR of around 7.7% during
More Releases for Software
HR Software Market by Top Manufacturers – Zenefits Software, Kronos Software, …
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over a
HR Software Market Analysis by Top Key Players – Zenefits Software, Kronos Sof …
HR software helps HR personnel automate many necessary tasks, such as maintaining employee records, time tracking, and benefits, which allows HR professionals to focus on recruiting efforts, employee performance and engagement, corporate wellness, company culture, and so on. These human management tools can be purchased and implemented as on premise or cloud-based software. This market studies report on the Global HR Software Market is an all-inclusive study of the enterprise sectors
World HR Software Market Top Key Players 2022 - Zenefits Software, Kronos Softwa …
HR Software market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading
Global HR Software Market 2017 - Vibe HCM Software, Kronos Software, Zenefits So …
The report studies HR Software in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 The HR Software market research report distils the most essential aspects of the market and presents them in the form of a comprehensive and cohesive document. The findings of this report have been obtained via a
Global Medical Software Market: by Types - Orthopedic Software, Dental Software, …
Latest industry research report on: Global Medical Software Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Request For Sample Report @ http://www.marketresearchreports.biz/sample/sample/1068596 This report studies the global Medical Software market, analyzes and researches the Medical Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Philips Healthcare Varian Ge Healthcare Toshiba Medical Systems Agfa healthcare Siemens
Neoinfo Solutions Pvt. LTD is an IT based company with its main office located in Jaipur(rajasthan). Our expertise lies in the domain of Website Designing development portal development,maintenance software consulting, designing development , implimentation, training and maitenance.In the journey of achieving our combined business and social goals we have kept in mind and have always strictly followed all our data security policies to ensure that all informations of our clients