United States Contract Lifecycle Management Software Market Report and Forecast 2025-2034

The United States contract lifecycle management software market size was approximately USD 699.00 Million in 2024. The market is assessed to grow at a CAGR of 5.00% between 2025 and 2034, reaching a value of USD 1.13 billion by 2034.

Key Trends in the Market

A contract lifecycle management software enables an organisation to manage their contracts with other entities from the stage of initiation right through to expiry/renewal. They can result in significant cost savings and efficiency in processes by minimising the risk of missing legal obligations and improving compliance with legal guidelines.

• With the rise of artificial intelligence and machine learning tools, tracking contract performance (like procurement and sales data) has become simpler. Assigning contract tasks to concerned authorities has also become easier with programmed contract rules. A flexible risk monitoring system (often integrated within contract lifecycle management software) facilitates the prevention of financial and contractual frauds. The adoption of such solutions help stakeholders in improving and optimising their businesses, boosting the United States contract lifecycle management software market demand.
• Responsible production and consumption (SDG 12 as defined by UNFCC) is driving businesses towards automating contract creation and execution and going paperless, which, in turn, is boosting the United States contract lifecycle management software market growth. This is significantly reducing the burden of documentation on companies and enhancing the contract life cycle speed.
• Mergers and acquisitions taking place in the market are aimed at simplifying the nature of end-to-end product offerings and minimising their prices. For example, Apptus acquired Conga in 2020 to reduce confusion among its business clients regarding the utility and applicability of contract management software.

United States Contract Lifecycle Management Software Market Segmentation

The report titled “United States Contract Lifecycle Management Software Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Deployment Mode

• On-Premises
• Cloud

Market Breakup by Component

• Software
• Services

Market Breakup by Enterprise Size

• Small and Medium Enterprises
• Large Enterprises

Market Breakup by Industry Vertical

• Automotive
• Pharmaceutical
• Electrical and Electronics
• BFSI
• Manufacturing
• Retail and E-Commerce
• Others

Market Breakup by Region

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

United States Contract Lifecycle Management Software Market Share by Deployment Mode

As per the in-depth market analysis, cloud service providers are expected to account for the majority of the market share. This is because cloud-based solutions help save time and resources of businesses by managing software on their own. Cloud service providers allow them to pay for the usage of storage and workspace as and when the need arises, which brings down costs and helps businesses in enhancing their operational efficiency. Additionally, the rise of subscription-based services has increased the demand for cloud-based contract lifecycle management software in the United States.

Market Share by Industry Vertical

As per the United States contract lifecycle management software market analysis, the pharmaceutical sector is expected to be one of the leading segments based on industry vertical. The ingoing trend indicates that the biotech and pharmaceutical firms are expected to increase the use of contract lifecycle management software to negotiate intellectual property rights, share exclusive findings, and demand funding. It is anticipated to streamline signing of patient consent forms for major surgeries in the healthcare sector and help them in maintaining documents as per the format prescribed by the regulatory authorities.

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States contract lifecycle management software market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

SAP SE

SAP SE was founded in 1972 and is headquartered in Walldorf, Germany. The company is one of the world’s leading producers of software business process management. It established the world standard for ERP software with its SAP S/4 HANA, now using in-computing memory to process vast amounts of data and support advanced technologies. It has more than 24000 partner companies across 100 countries in the world, and has consistently ranked as the topmost software company on the Dow Jones Sustainability Index.

Icertis, Inc.

Icertis, Inc. was founded in 2009 and is headquartered in Washington, the United States. It is one of the leading contract lifecycle management software companies in the world with operations in over 90 countries and 10 million contracts under management. It was listed as one of the top 100 cloud companies by Forbes in 2023 and has consistently ranked as a leader in Gartner’s Contract Lifecycle Companies Management list.

Agiloft Inc.

Agiloft Inc. was founded in 1991 and is headquartered in California, the United States. It provides contract lifecycle management software solutions to small and big companies across the world. Its Contract and Commercial Lifecycle Platform has won the Editor’s Choice Award from PC Mag.

Other major players in the United States contract lifecycle management software market are Concord Worldwide, Inc., DocuSign, Inc., Coupa Software Inc., Zycus Inc., Apttus Corp. (Conga), Onit Inc. (SecureDocs, Inc.), and Evisort Inc., among others.