Press release
Global Contract Life-Cycle Management Market to grow at a CAGR of 16.35% over the period 2015-2019
About contract life cycle management (CLM)Traditionally, contracts were documented on paper and presented for any revisions or amendments till the final version was prepared. Lawyers used to review the contracts manually, which was a time consuming and error prone process. With evolution in technology, companies started managing contracts via the electronic media. However, the electronic format of contracts have not enhanced the visibility of the contracts, resulting in poor management of those contracts. With the adoption of CLM software, companies enhanced the visibility of the contracts and, hence, were able to provide timely information to make informed decisions.
View Full Report at http://www.marketresearchreports.biz/analysis/353880
CLM software allows companies to streamline the contracting process by automating the drafting of contracts. It also helps negotiate, track, manage, and obtain optimal value from buy-side as well as sell-side contracts. Demand for CLM software comes from sectors involving complex contracts, such as the financial services, healthcare, manufacturing, and public sectors. Large enterprises as well as small enterprises in these sectors are adopting CLM software to manage their contracts.
Technavio's analysts forecast the global CLM market to grow at a CAGR of 16.35% over the period 2014-2019.
Covered in this report
The global CLM market is segmented on the basis of products and geography.
Technavio's report, Global CLM Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the global CLM market and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Download Sample Copy of this Report at http://www.marketresearchreports.biz/sample/sample/353880
Key vendors
• Apttus
• CLM Matrix
• Exari
• IBM Emportis
• Oracle
• SAP
• Selectia
Other prominent vendors
• BravoSolution
• CMA Contiki
• ESM Solutions
• GEP
• Great Minds Software
• Icertis
• Ivalua
• OpenText
• Optimus BT
• Prodagio
• Revitas
• SciQuest
• Symfact
Market driver
• Reduced cycle time and cost savings
• For a full, detailed list, view our report
Market challenge
• Dearth of talent
• For a full, detailed list, view our report
Market trend
• Cloud-based CLM
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz
This release was published on openPR.
Permanent link to this press release:
Copy
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 Global Contract Life-Cycle Management Market to grow at a CAGR of 16.35% over the period 2015-2019 here
News-ID: 354165 • Views: …
More Releases from MRR biz
Sentiment Analysis Software Market Emerging Trends and Top Key Vendors to Watch- …
Sentiments analysis is also known as emotional artificial intelligence and opinion mining. Sentiment analysis software is used for processing of natural language, computational linguistics, biometrics, and text analysis to quantify, identify, and extract systematically. The sentiment analysis software is widely used to analyse the voice of the customer materials which includes survey and reviews responses collected from online and social media, and healthcare materials for applications that range from marketing…
Innovation On The HetNet Ecosystem (Small Cells, Carrier Wi-Fi, C-RAN & DAS): 20 …
Driven by in-building wireless coverage requirements and the growing influx of mobile data traffic, a conventional macrocell based cellular network deployment is not deemed to be a sufficient solution to address the coverage and capacity needs of today’s wireless subscribers.
Mobile operators are thus increasing their investments in Heterogeneous Network or HetNet infrastructure such as strategically deployed small cells, carrier Wi-Fi and DAS (Distributed Antenna Systems), to cope with growing capacity…
Global Next Gen LMS Market Segments To Grow at CAGR of 26.51% Over Period 2016-2 …
About Next-Gen LMS
Get More Details: http://www.marketresearchreports.biz/analysis/834773
A next-gen LMS is a software application used to plan, deliver, and manage the learning process. It uses web-based technology to manage, administer, track, report on the delivery, and evaluate the performance of participants. In addition to the functionalities of the traditional LMS, the next gen LMS addresses the following functional requirements:
Interoperability which allows integration of tools and exchange of content
Customization of learning process
Inclusion of…
Innovative Technology - Global RFID Smart Cabinet Market To grow at a CAGR of 14 …
About RFID
More Details: http://www.marketresearchreports.biz/analysis/834778
RFID technologies are gaining high attention from multiple sectors, especially healthcare, where hospitals have started adopting innovative technologies to address critical business needs. Smart cabinets based on RFID technology help reduce manual efforts to maintain, track, and manage inventory. They also help reduce loss and misplacement of supplies, minimize the risk of theft, and increase savings. Retailers, healthcare institutions, and discrete manufacturers are the prime users of…
More Releases for CLM
Contract Lifecycle Management Market Outlook from 2025 to 2035: Performance Insi …
The global Contract Lifecycle Management (CLM) market is poised for significant expansion, projected to reach an impressive USD 3,284.2 million by 2035, up from USD 1,564.1 million in 2025, demonstrating a robust Compound Annual Growth Rate (CAGR) of 12.0%. This surge is largely fueled by escalating regulatory complexities, the relentless pace of digital transformation, and the critical need for robust third-party risk management across industries.
The comprehensive market outlook highlights that…
Contract Lifecycle Management (CLM) Tools Market Size Analysis by Application, T …
USA, New Jersey- According to Market Research Intellect, the global Contract Lifecycle Management (CLM) Tools market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for Contract Lifecycle Management (CLM) products has grown significantly as a result of the need for more effective contract management…
Contract Lifecycle Management (CLM) Software Market Size And Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- Contract Lifecycle Management (CLM) Software Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.
The growth of the contract lifecycle management (CLM) software market is being driven by several factors. One key driver is the increasing complexity of business contracts and the need…
Contract Lifecycle Management (CLM) Software 2023 Global Industry Key Companies …
According to IMARC Group latest published report, The global contract lifecycle management software market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11.27% during 2023-2028.
Global Contract Lifecycle Management Software Industry Trends:
Before the advent of digital technology, contracts were manually drafted and managed on paper. But the development of CLM software has…
Contract Lifecycle Management (CLM) Software Market to Witness Huge Growth by 20 …
Contract Lifecycle Management (CLM) Software Market research report presents a top-notch analysis that incorporates market restaurants, drivers, and opportunities available in the market. The report also segments the market by how a competitive environment is developed among leading players across the globe. The market segmentation incorporated in the research report helps to understand market valuation during the estimated period. In addition, it provides revenue approximation and CAGR value that helps…
Contract Life-Cycle Management (CLM) Market Future Demand and Analysis By Exari, …
The study and estimations of this report also helps to figure out types of consumers, their views about the product, their buying intentions and their ideas for the step up of a product. With the market data of this Contract Life-Cycle Management (CLM) Market report, emerging trends along with major drivers, challenges and opportunities in the market for ABC industry can be identified and analysed. For the clear and better…
