Global Contract Life-cycle Management Software Market 2017-2021

  • ID: 4335582
  • Report
  • Region: Global
  • 92 pages
  • TechNavio
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FEATURED COMPANIES

  • Apttus
  • Contracked
  • Determine
  • Great Minds Software
  • Infor
  • Optimus BT
  • MORE
About Contract Life-cycle Management

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.

The 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.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The 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
Market drivers
  • Pricing strategies of vendors
  • For a full, detailed list, view the full report
Market challenges
  • High implementation and maintenance cost
  • For a full, detailed list, view the full report
Market trends
  • Emergence of analytics in contract life cycle management
  • For a full, detailed list, view the full 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 the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Apttus
  • Contracked
  • Determine
  • Great Minds Software
  • Infor
  • Optimus BT
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Economic overview
  • Global economic overview and its impact on market and vendors
PART 06: Market landscape
  • Market overview
  • Market assumptions
  • Market size and forecast
PART 07: Market segmentation by components
  • Global contract life cycle management market by components
  • Global contract life cycle management market by components (revenue)
PART 08: Market segmentation by deployment model
  • Global contract life cycle management market by deployment model
  • Global on-premises contract life cycle management market
  • Global cloud-based contract life cycle management market
  • Some major vendors: Deployment offerings
PART 09: Geographical segmentation
  • Global contract life cycle management market by geography
  • Global contract life cycle management market by geography (revenue)
PART 10: Buying criteria
  • Buying criteria
PART 11: Decision framework

PART 12: Drivers and challenges
  • Market drivers
  • Market challenges
PART 13: Market trends
  • Emergence of analytics in contract life cycle management
  • Rise in demand for integrated contract life cycle management solutions
  • Need to reduce cycle time and lower costs
PART 14: Five forces analysis

PART 15: Vendor landscape
  • Competitive scenario
  • Vendor matrix
  • Comparative chart for vendors
  • Other prominent vendors
PART 16: Major vendor profiles
  • Apttus
  • CLM Matrix
  • IBM Emptoris
  • Icertis
  • SAP
PART 17: Mergers and acquisitions
  • Mergers and acquisitions in market
PART 18: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Overview of contract life cycle management
Exhibit 02: Contract life cycle management usage by industry verticals
Exhibit 03: Implementation benefits
Exhibit 04: Market assumptions
Exhibit 05: Global contract life cycle management market 2016-2021 ($ millions)
Exhibit 06: Global contract life cycle management market by components 2016-2021 (% share)
Exhibit 07: Global contract life cycle management market by components 2016-2021 ($ millions)
Exhibit 08: Deployment models
Exhibit 09: Global contract life cycle management market by deployment 2016-2021 (% share)
Exhibit 10: Global on-premises contract life cycle management market 2016-2021 ($ millions)
Exhibit 11: Global cloud-based contract life cycle management market 2016-2021 ($ millions)
Exhibit 12: Differences between on-premises and cloud-based contract life cycle management software
Exhibit 13: Some major vendors offering various deployment models
Exhibit 14: Global contract life cycle management market by geography 2016-2021 (% share)
Exhibit 15: Global contract life cycle management market by geography 2016-2021 ($ millions)
Exhibit 16: Buying criteria
Exhibit 17: Open-source contract life cycle management software
Exhibit 18: Five forces analysis
Exhibit 19: Competitive factors among vendors in market
Exhibit 20: Licensing models
Exhibit 21: Product offerings
Exhibit 22: Features
Exhibit 23: Deployment model
Exhibit 24: Support
Exhibit 25: Training
Exhibit 26: Customer size
Exhibit 27: Geographical presence
Exhibit 28: Comparative chart for vendors
Exhibit 29: Mergers and acquisitions in global contract life cycle management market
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Apttus
  • Contracked
  • Determine
  • Great Minds Software
  • Infor
  • Optimus BT
  • MORE
New Report Released: - Global Contract Life-cycle Management Market 2017-2021

The author of the report recognizes the following companies as the key players in the global contract life-cycle management market: Apttus, CLM Matrix, IBM Emptoris, Icertis, and SAP.

Other Prominent Vendors in the market are: BravoSolution, Contracked, Contract Logix, Coupa Software, Determine, EASY SOFTWARE, ESM Solutions, Great Minds Software, Infor, Ivalua, Optimus BT, Oracle, Symfact, SpringCM, Newgen Software, and Zycus.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is emergence of analytics in contract life cycle management. Contract life cycle management provides reporting and analytical capabilities across all aspects of the contracts and compliance life cycle. Enterprises are increasingly adopting contract life cycle management built-in analytics to understand and interpret historical data points. This helps them to immediately access any contract information for comparisons, potential risks, and future performance estimates within the supply chain. Contract life cycle management enables enterprises to accelerate and streamline enterprise contract processes and help to shorten sales cycles and reduce costs.”

According to the report, one of the major drivers for this market is Pricing strategies of vendors. To thrive in a competitive market environment, the software vendors are adopting customer-centric pricing strategies enabled by advances in technology. Several vendors in the contract life cycle management market are focusing on providing value-based pricing models depending on the customer's needs and value perception. The pricing of the software is based on varied features of the software solution and the value-added features provided to the customers.

Further, the report states that one of the major factors hindering the growth of this market is High implementation and maintenance cost. The high cost of deploying the on-premises contract life cycle management is one of the major challenges in the market for SMEs. The price of the contract life cycle management includes the cost of software licensing, system design and customization, implementation, training, and maintenance. An organization that has purchased the software requires IT staff with the relevant skill set for successful implementation of the software. Implementation of the contract life cycle management requires self-assessment, planning, adequate funding, clear vision, and cooperation at all managerial levels. Enterprises also need to train their employees to use the application efficiently.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Apttus
  • CLM Matrix
  • IBM Emptoris
  • Icertis
  • SAP
  • BravoSolution
  • Contracked
  • Contract Logix
  • Coupa Software
  • Determine
  • EASY SOFTWARE
  • ESM Solutions
  • Great Minds Software
  • Infor
  • Ivalua
  • Optimus BT
  • Oracle
  • Symfact
  • SpringCM
  • Newgen Software
  • Zycus
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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