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Discover the surge in demand for contract life-cycle management software market to result in growth of the globally

Technavio’s analysts forecast the global contract life-cycle management market to grow at a CAGR of 13.59% during the period 2017-2021.

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About Contract Life-cycle Management

Contract life cycle management software market enables the organization to manage the life cycle of the contracts created or governed by the company. These include third-party contracts such as procurement, sales, leasing, outsourcing, intellectual property, facilities management, nondisclosure, and other licensing and agreements containing contractual obligations.

Contract life cycle management encompasses all processes related to the contractual agreement from initial request through contract discovery, execution, approval, order tracking, authoring, negotiation, valuation, compliance management, auditing, reporting, and dispute management.

Technavio’s analysts forecast the global contract life-cycle management market to grow at a CAGR of 13.59% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global contract life-cycle management market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of contract life cycle management software license, maintenance and support, installation, customization, and training.

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The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Contract Life-cycle Management Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

Apttus

CLM Matrix

IBM Emptoris

Icertis

SAP

Other prominent vendors

BravoSolution

Contracked

Contract Logix

Coupa Software

Determine

EASY SOFTWARE

ESM Solutions

Great Minds Software

Infor

Ivalua

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Market driver

Pricing strategies of vendors

For a full, detailed list, view our report

Market challenge

High implementation and maintenance cost

For a full, detailed list, view our report

Market trend

Emergence of analytics in contract life cycle management

For a full, detailed list, view our report

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