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The Europe contract lifecycle management software market exhibited robust growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its robust growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Contract lifecycle management (CLM) software helps manage the contract lifecycle from the point of initiation to the process of renewal. It allows two or more parties to digitally or electronically sign the contract. CLM software is designed to completely automate the contract process, allowing customized automated workflows to increase efficiency and expedite the review process. These solutions ensure compliance by confirming that all versions of a contract carry all required clauses and verify the satisfaction of contract commitments. The use of CLM software enhances contract performance while improving control and contract visibility.
The Europe CLM software market is primarily driven by the increasing demand for compliance and risk management solutions. CLM software optimizes contract performance, especially in procurement and sales, while enabling CFOs to reduce cost and forecast revenues accurately. Additionally, it is increasingly being employed in the automobile, retail and e-commerce sectors to automate the entire contract process and rectify loopholes in the systems. Furthermore, the stringent regulations, along with the data privacy laws in the European region, have escalated the demand for licensed CLM software.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe contract lifecycle management software market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on deployment model, CLM offerings, enterprise size and industry.
Breakup by Deployment Model:
Breakup by CLM Offerings:
Breakup by Enterprise Size:
Breakup by Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Deployment Model, CLM Offerings, Enterprise Size, Industry, Country|
|Countries Covered||Germany, France, United Kingdom, Italy, Spain, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 2999
Corporate License: US$ 3999
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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