Contract Management Software Market Size, Share, Trends, Opportunities Analysis Forecast Report by 2025

Contract Management Software Market

Contract Management Software Market: by Organization Size (SMEs and Large Enterprises), By Business Function (Sales, Legal, Procurement and Others) By Vertical (Telecom & IT & Ecommerce, Government, BFSI, Healthcare & Life Sciences & Life Sciences, Telecom and IT, Manufacturing, Transportation & Logistics and Others) Region -Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025.

Published Date: 07-Nov-2019 Category: Technology & Media Report Format : PDF Pages: 200 Report Code: ZMR-4990 Status : Published
Market Size in 2018 Market Forecast in 2025 CAGR (in %) Base Year
USD 1.36 Billion USD 3.30 Billion 13.5% 2018

Contract Management Software Market

Global Contract Management Software Market Size Overview

The Global Contract Management Software Market Size was valued at around USD 1.36 Billion in 2018, and is expected to reach approximately USD 3.30 Billion in 2025, at a CAGR slightly above 13.5% between 2018 and 2025.

Contract management software is a series of programs for managing and storing legal agreements like leases and licensing agreements and contracts with other parties. The vital role of software is to simplify managerial tasks and decrease overhead by providing unified view of each contract. It has become an essential tool keep a track of many activities with cost implications, and can also be helpful for monitoring risk, automating administration, running reports, triggering alerts and ensuring compliance.

Global Contract Management Software MarketRequest Free Sample

The contract management software market will witness growth in the anticipated timeframe, owing to the extensive use of this software in the enterprise form managing new contract requests, contract creation and negotiation and the ability to capture data related to document and contract authoring. The demand for the software is fueled due to the rising demand for efficient contract management to manage the increasing contract volume across the globe.

Furthermore, the demand for contract management software is anticipated to propel in the anticipated period owing to the rising use of software by the small and medium enterprises. Increasing productions with optimum use of raw material and reduced cost are the crucial factors for the enterprise, owing to the limited budget to keep a track of their contract. Therefore, these small and medium enterprises require cost-effective solutions that can help them optimize their contract. Some of the software packages also provide alert notifications that can affect a contract, like the renewal or cutoff date for the contract or the contract's end life date. Other low-end contract management software provides guidelines and templates which enables the user to store and create software for their own contract. However, a lack of skilled workforce and increased threat of cyber-attacks might hinder contract management software market growth in the long run.

COVID-19 Drug Delivery Devices Market: Report Scope

Report Attributes Report Details
Report Name Contract Management Software Market Research Report
Market Size in 2018 USD 1.36 Billion
Market Forecast in 2025 USD 3.30 Billion
Growth Rate CAGR of 13.5%
Number of Pages 200
Key Companies Covered Agiloft, Aaveneir, CLM Matrix, Apptus, Conga, CobbleStone Software, ContractWorks, Concord, and Coupa, and others.
Segments Covered By Organization, By Business, By Vertical, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2018
Historical Year 2016 to 2018
Forecast Year 2019 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

The contract management software market is segmented into organization size, business function, and vertical. The vertical is segmented into Telecom & IT & eCommerce, Government, BFSI, Healthcare & Life Sciences & Life Sciences, Telecom & IT, Manufacturing, Transportation & Logistics, and Others. Healthcare & Life Sciences & life sciences is predicted to hold a noteworthy share in the market during the anticipated timeframe. Large organizations have to manage a huge volume of contracts, in compliance with performance and regulations standards. The increasing use of contract management solutions software in hospitals to save time, mitigating risk and also to streamline their workflow is anticipated to foster the market growth in the predicted time frame.

The contract management software in North America is projected to witness growth in the long run. The region is also a prominent revenue contributor to the contract management software market, owing to the presence of key market players such as Docusign, Coupa, Apttus, Icertis, and Zycus among others is likely to promote market demand in the timeframe.

Some of the leading players in the global market include

  • Agiloft
  • Aaveneir
  • CLM Matrix
  • Apptus
  • Conga
  • CobbleStone Software
  • ContractWorks
  • Concord
  • Coupa

The report segments the contract management software market as follows:

By Organization Size Segment Analysis

  • SMEs
  • Large Enterprises

By Business Function Segment Analysis

  • Sales
  • Legal
  • Procurement
  • Others

By Vertical Segment Analysis

  • Telecom & IT & Ecommerce
  • Government
  • BFSI
  • Healthcare & Life Sciences & Life Sciences
  • Telecom & IT
  • Manufacturing
  • Transportation & Logistics
  • Others

By Regional Segment Analysis

  • North America

    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content


Choose License Type

  • zion payment modes


Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed