Contract Life-Cycle Management Software Market to Reach at CAGR of 13.59% Between 2017-2021

Albany, NY — (PRESS RELEASE JET) — 10/26/2017 — Contract life cycle management software 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.

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

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
Optimus BT
Oracle
Symfact
SpringCM
Newgen Software
Zycus

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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

Key questions answered in this report
What will the market size be in 2021 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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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