Product Code: GVR-4-68040-600-2
Contract Lifecycle Management Software Market Summary
The global contract lifecycle management software market size was estimated at USD 1.62 billion in 2024 and is projected to reach USD 3.24 billion by 2030, growing at a CAGR of 12.7% from 2025 to 2030. The market is experiencing significant growth, driven by the increasing need for efficient contract management solutions across various industries.
As organizations seek to automate and streamline their contract processes, the demand for CLM software has surged. The market is characterized by the adoption of cloud-based solutions, integration of advanced technologies like artificial intelligence (AI) and machine learning (ML), and a focus on compliance and risk management. As businesses grow and operate in increasingly dynamic and globalized environments, the volume and complexity of contracts ranging from vendor agreements and customer deals to regulatory and compliance documents have surged dramatically. This escalation makes it difficult for organizations to manage contracts manually without facing inefficiencies, delays, and risks. The stakes are high: missed deadlines, overlooked obligations, and non-compliance can lead to costly penalties or legal consequences. This growing complexity has made robust contract lifecycle management (CLM) software solutions a necessity rather than a luxury.
The rapid digital transformation underway across nearly all industries has encouraged the shift from traditional, paper-based contract management to cloud-based platforms. These solutions are not only more efficient but also scalable, allowing companies to manage thousands of contracts across multiple geographies and departments. Cloud-based CLM platforms offer remote accessibility, enabling legal, procurement, and sales teams to collaborate on contracts in real time, regardless of location a crucial capability in today's hybrid and remote work environments. The market is expected to witness increased adoption across various industries, including healthcare, finance, manufacturing, and legal services, driven by the need for streamlined contract processes and regulatory compliance. Moreover, the growing trend of remote work and global collaborations will further propel the demand for cloud-based CLM solutions that offer accessibility and real-time collaboration.
A major restraint in adopting CLM software is internal resistance to change, especially from employees used to manual or traditional methods. Transitioning to digital solutions demands a significant cultural shift and thorough training, which can be both time-consuming and resource-intensive. This hesitation can delay implementation, reduce user adoption, and hinder the realization of the full benefits offered by automated contract management systems.
Global Contract Lifecycle Management Software Market Report Segmentation
This report forecasts revenue 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 global contract lifecycle management software market report based on component, business function, deployment mode, organization size, end use, and region.
- Component Outlook (Revenue, USD Billion, 2018 - 2030)
- Software
- Services
- Business Function Outlook (Revenue, USD Billion, 2018 - 2030)
- Legal
- Procurement
- Sales
- Finance
- Operations
- Deployment Mode Outlook (Revenue, USD Billion, 2018 - 2030)
- Cloud
- On-premise
- Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)
- SMEs
- Large enterprises
- End Use Outlook (Revenue, USD Billion, 2018 - 2030)
- Government and Public Sector
- Consumer Goods and Retail
- Healthcare and Life Sciences
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecommunications
- Manufacturing
- Others
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Middle East & Africa
- U.A.E
- 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 Lifecycle 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 Lifecycle 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 Lifecycle Management Software Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Contract Lifecycle Management Software Market: Component Movement Analysis, 2024 & 2030 (USD Billion)
- 4.3. Software
- 4.3.1. Software Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Services
- 4.4.1. Services Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Contract Lifecycle Management Software Market: Business Function Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Contract Lifecycle Management Software Market: Business Function Movement Analysis, 2024 & 2030 (USD Billion)
- 5.3. Legal
- 5.3.1. Legal Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Procurement
- 5.4.1. Procurement Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Sales
- 5.5.1. Sales Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Finance
- 5.6.1. Finance Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Operations
- 5.7.1. Operations Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Contract Lifecycle Management Software Market: Deployment Mode Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Contract Lifecycle Management Software Market: Deployment Mode Movement Analysis, 2024 & 2030 (USD Billion)
- 6.3. Cloud
- 6.3.1. Cloud Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. On-premise
- 6.4.1. On-premise Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Contract Lifecycle Management Software Market: Organization Size Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Contract Lifecycle Management Software Market: Organization Size Movement Analysis, 2024 & 2030 (USD Billion)
- 7.3. SMEs
- 7.3.1. SMEs Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Large enterprises
- 7.4.1. Large enterprises Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Contract Lifecycle Management Software Market: End Use Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Contract Lifecycle Management Software Market: End Use Movement Analysis, 2024 & 2030 (USD Billion)
- 8.3. Government and Public Sector
- 8.3.1. Government and Public Sector Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4. Manufacturing
- 8.4.1. Manufacturing Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5. Consumer Goods and Retail
- 8.5.1. Consumer Goods and Retail Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6. Healthcare and Life Sciences
- 8.6.1. Healthcare and Life Sciences Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.7. Banking, Financial Services, and Insurance (BFSI)
- 8.7.1. Banking, Financial Services, and Insurance (BFSI) Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.8. IT and Telecommunications
- 8.8.1. IT and Telecommunications Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.9. Others
- 8.9.1. Others Market, Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Contract Lifecycle Management Software Market: Regional Estimates & Trend Analysis
- 9.1. Contract Lifecycle Management Software Market Share, By Region, 2024 & 2030, USD Billion
- 9.2. North America
- 9.2.1. North America Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.2.3. Canada
- 9.2.3.1. Canada Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.2.4. Mexico
- 9.2.4.1. Mexico Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.3. Europe
- 9.3.1. Europe Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.3.2. UK
- 9.3.2.1. UK Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.3.3. Germany
- 9.3.3.1. Germany Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.3.4. France
- 9.3.4.1. France Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.2. China
- 9.4.2.1. China Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.3. Japan
- 9.4.3.1. Japan Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.4. India
- 9.4.4.1. India Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4.6. Australia
- 9.4.6.1. Australia Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.5. Latin America
- 9.5.1. Latin America Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6.2. UAE
- 9.6.2.1. UAE Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6.3. KSA
- 9.6.3.1. KSA Contract Lifecycle Management Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Contract Lifecycle 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. BravoSolution
- 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. Contracked
- 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. Contract Logix
- 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. Coupa Software
- 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. DocuSign
- 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. IBM Corporation
- 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. Icertis
- 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. Oracle Corporation
- 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 Infotech
- 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. SirionLabs
- 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. Ironclad
- 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. Infor
- 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. Summize
- 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. Filevine
- 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