Product Code: GVR-4-68040-588-1
Market Size & Trends:
The global contract management software market size was estimated at USD 2.83 billion in 2024 and is anticipated to grow at a CAGR of 12.7% from 2025 to 2030. The contract management software industry has evolved into a strategic component of enterprise operations, reflecting its critical role in managing complex agreements, ensuring compliance, and accelerating revenue cycles.
Contract Management Software (CMS) enables organizations to automate and streamline the creation, execution, and analysis of contracts across various business functions such as legal, procurement, sales, HR, and finance.
As enterprises strive to modernize operations and enhance customer experience, digital transformation has become a strategic priority across industries. Contract management plays a critical role in this evolution, especially in legal, procurement, and compliance functions, where outdated, manual processes often lead to inefficiencies and risk. By implementing contract management software, organizations can automate contract lifecycles, from drafting and negotiation to execution and renewal, helping significantly reduce cycle times. These digital tools help minimize human error, standardize processes, and provide real-time visibility into contract status and obligations.
Automated alerts, templates, and approval workflows ensure that compliance is maintained, and contracts do not lapse or violate regulatory terms. Additionally, integrating CMS with ERP and CRM systems enables seamless data flow across departments, contributing to operational agility and strategic decision-making. Ultimately, digitized contract management supports broader transformation goals by improving efficiency, reducing risk, and enabling scalable growth across business functions.
AI and ML are transforming contract management by introducing intelligent automation and data-driven insights. Modern Contract Management Software leverages these technologies to extract key terms, identify risky clauses, and suggest optimal language during drafting. Natural Language Processing (NLP) enables automated review of large contract volumes, saving legal teams significant time. Machine learning models can analyze contract performance, flag anomalies, and even predict renewal or cancellation risks based on historical trends. These capabilities not only improve accuracy but also enhance risk mitigation and decision-making.
Natural Language Processing (NLP) holds significant potential in the contract management software industry by transforming how contracts are created and understood. NLP enables machines to comprehend and interpret human language, including complex legal terminology. By leveraging NLP algorithms, contract management software can analyze legal text, extract key clauses and terms, and offer intelligent, real-time suggestions during contract drafting. This not only streamlines the authoring process but also enhances accuracy, consistency, and overall efficiency in managing legal documents.
The future of the contract management software industry is bright, characterized by accelerated adoption, technological innovation, and global market expansion. Contract Management Software (CMS) will be integrated with enterprise systems like ERP, CRM, procurement, HRMS, and project management platforms. This convergence will streamline workflows, enabling end-to-end automation-from contract creation and approval to execution, payment, and compliance tracking. It will help enhance data consistency, reduce manual intervention, and provide real-time visibility across departments. This seamless integration positions CMS as a core component of the enterprise digital ecosystem.
Global Contract Management Software Market Report Segmentation
This report forecasts market Size growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the contract management software marketreport based on component, business function, deployment mode, organization size, end use, and region:
- Component Outlook (Market Size, USD Billion, 2018 - 2030)
- Software
- Services
- Business Function Outlook (Market Size, USD Billion, 2018 - 2030)
- Legal
- Sales
- Procurement
- Others
- Deployment Mode Outlook (Market Size, USD Billion, 2018 - 2030)
- Cloud
- On-premise
- Organization Size Outlook (Market Size, USD Billion, 2018 - 2030)
- SMEs
- Large enterprises
- End Use Outlook (Market Size, USD Billion, 2018 - 2030)
- Government
- Retail and eCommerce
- Healthcare and Life Sciences
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecommunications
- Transportation and Logistics
- Manufacturing
- Others
- Regional Outlook (Market Size, USD Billion, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Types
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Contract Management Software Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Contract Management Software Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Contract Management Software Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Contract Management Software Market: Component Movement Analysis, 2024 & 2030 (USD Billion)
- 4.3. Software
- 4.3.1. Software Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Services
- 4.4.1. Services Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Contract Management Software Market: Business Function Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Contract Management Software Market: Business function Movement Analysis, 2024 & 2030 (USD Billion)
- 5.3. Legal
- 5.3.1. Legal Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Sales
- 5.4.1. Sales Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Procurement
- 5.5.1. Sales Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Others
- 5.6.1. Sales Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Contract Management Software Market: Deployment Mode Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Contract Management Software Market: Deployment Mode Movement Analysis, 2024 & 2030 (USD Billion)
- 6.3. Cloud
- 6.3.1. Cloud Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. On-premise
- 6.4.1. On-premise Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Contract Management Software Market: Organization Size Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Contract Management Software Market: Organization Size Movement Analysis, 2024 & 2030 (USD Billion)
- 7.3. SMEs
- 7.3.1. SMEs Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Large enterprises
- 7.4.1. Large enterprises Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Contract Management Software Market: End Use Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Contract Management Software Market: End Use Movement Analysis, 2024 & 2030 (USD Billion)
- 8.3. Government
- 8.3.1. Government Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4. Retail and eCommerce
- 8.4.1. Retail and eCommerce Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5. Healthcare and Life Sciences
- 8.5.1. Healthcare and Life Sciences Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6. Banking, Financial Services, and Insurance (BFSI)
- 8.6.1. Banking, Financial Services, and Insurance (BFSI) Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.7. IT and Telecommunications
- 8.7.1. IT and Telecommunications Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.8. Transportation and Logistics
- 8.8.1. IT and Telecommunications Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.9. Manufacturing
- 8.9.1. Manufacturing Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.10. Others
- 8.10.1. Others Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Contract Management Software Market: Regional Estimates & Trend Analysis
- 9.1. Contract Management Software Market Share, By Region, 2024 & 2030, USD Billion
- 9.2. North America
- 9.2.1. North America Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.2.3. Canada
- 9.2.3.1. Canada Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.2.4. Mexico
- 9.2.4.1. Mexico Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.3. Europe
- 9.3.1. Europe Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.3.2. UK
- 9.3.2.1. UK Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.3.3. Germany
- 9.3.3.1. Germany Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.3.4. France
- 9.3.4.1. France Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.2. China
- 9.4.2.1. China Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.3. Japan
- 9.4.3.1. Japan Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.4. India
- 9.4.4.1. India Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.6. Australia
- 9.4.6.1. Australia Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.5. Latin America
- 9.5.1. Latin America Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6.2. UAE
- 9.6.2.1. UAE Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6.3. KSA
- 9.6.3.1. KSA Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Contract Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Company Market Positioning
- 10.3. Company Market Share, 2024
- 10.4. Company Heat Map Analysis
- 10.5. Company Profiles/Listing
- 10.5.1. Agiloft
- 10.5.1.1. Participant's Overview
- 10.5.1.2. Financial Performance
- 10.5.1.3. Software Benchmarking
- 10.5.1.4. Strategic Initiatives
- 10.5.2. Conga
- 10.5.2.1. Participant's Overview
- 10.5.2.2. Financial Performance
- 10.5.2.3. Software Benchmarking
- 10.5.2.4. Strategic Initiatives
- 10.5.3. ContractWorks
- 10.5.3.1. Participant's Overview
- 10.5.3.2. Financial Performance
- 10.5.3.3. Software Benchmarking
- 10.5.3.4. Strategic Initiatives
- 10.5.4. Docusign
- 10.5.4.1. Participant's Overview
- 10.5.4.2. Financial Performance
- 10.5.4.3. Software Benchmarking
- 10.5.4.4. Strategic Initiatives
- 10.5.5. GEP Worldwide
- 10.5.5.1. Participant's Overview
- 10.5.5.2. Financial Performance
- 10.5.5.3. Software Benchmarking
- 10.5.5.4. Strategic Initiatives
- 10.5.6. Icertis
- 10.5.6.1. Participant's Overview
- 10.5.6.2. Financial Performance
- 10.5.6.3. Software Benchmarking
- 10.5.6.4. Strategic Initiatives
- 10.5.7. Ironclad
- 10.5.7.1. Participant's Overview
- 10.5.7.2. Financial Performance
- 10.5.7.3. Software Benchmarking
- 10.5.7.4. Strategic Initiatives
- 10.5.8. Onit, Inc.
- 10.5.8.1. Participant's Overview
- 10.5.8.2. Financial Performance
- 10.5.8.3. Software Benchmarking
- 10.5.8.4. Strategic Initiatives
- 10.5.9. SAP SE
- 10.5.9.1. Participant's Overview
- 10.5.9.2. Financial Performance
- 10.5.9.3. Software Benchmarking
- 10.5.9.4. Strategic Initiatives
- 10.5.10. Zycus
- 10.5.10.1. Participant's Overview
- 10.5.10.2. Financial Performance
- 10.5.10.3. Software Benchmarking
- 10.5.10.4. Strategic Initiatives
- 10.5.11. Aavenir
- 10.5.11.1. Participant's Overview
- 10.5.11.2. Financial Performance
- 10.5.11.3. Software Benchmarking
- 10.5.11.4. Strategic Initiatives
- 10.5.12. IBM Corporation
- 10.5.12.1. Participant's Overview
- 10.5.12.2. Financial Performance
- 10.5.12.3. Software Benchmarking
- 10.5.12.4. Strategic Initiatives
- 10.5.13. Zoho Corporation Pvt. Ltd
- 10.5.13.1. Participant's Overview
- 10.5.13.2. Financial Performance
- 10.5.13.3. Software Benchmarking
- 10.5.13.4. Strategic Initiatives
- 10.5.14. Zluri
- 10.5.14.1. Participant's Overview
- 10.5.14.2. Financial Performance
- 10.5.14.3. Software Benchmarking
- 10.5.14.4. Strategic Initiatives
- 10.5.15. Complinity Technologies Private Limited
- 10.5.15.1. Participant's Overview
- 10.5.15.2. Financial Performance
- 10.5.15.3. Software Benchmarking
- 10.5.15.4. Strategic Initiatives