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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Contract Lifecycle Management Software Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The United States contract lifecycle management software market is currently witnessing robust growth. Contract lifecycle management (CLM) software manages the complete process of signing contracts between two or more organizations. The process consists of various steps, such as contract drafting, negotiation, approval, compliance and administration, repository, compliance optimization, retrieval and renewal, amendments, and disposition. CLM software ensures adherence to regulations while mitigating the risks that are associated with the contract. It also protects the organization from incurring penalties due to non-compliance in regulation and facilitates the decision-making process. In the United States, CLM software has gained popularity as it helps form new alliances among various firms that result in the expansion of the consumer base.

The United States CLM software market is primarily driven by the rising need to reduce, eliminate, or mitigate risks related to legality, financing and procurement. Besides this, as enterprises often face difficulties such as revenue leakage due to mismanagement of contracts, CLM software helps in identifying the risks associated with the contract clauses. It also allows lawyers to retrieve contracts from the library for reference purposes that can be virtually viewed through Microsoft Word, PowerPoint, and Excel. Furthermore, the emergence of cloud-based CLM software has positively impacted the market as it provides easy-to-use interface solutions while offering seamless integration with popular CLM systems. Looking forward, IMARC Group expects the market to continue its robust growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States contract lifecycle management software market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, deployment model, clm offerings, enterprise size and industry.

Breakup by Deployment Model:

  • Cloud-Based
  • On-Premises
     

Breakup by CLM Offerings:

  • Licensing and Subscription
  • Services
     

Breakup by Enterprise Size:

  • Large Enterprise
  • Small and Medium Enterprise
     

Breakup by Industry:

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

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the United States contract life cycle management software market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States contract life cycle management software market?
  • What is the breakup of the market based on the deployment model?
  • What is the breakup of the market based on the CLM offerings?
  • What is the breakup of the market based on the enterprise size?
  • What is the breakup of the market based on the industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the United States contract life cycle management software market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    United States Contract Life Cycle Management Software Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Deployment Model 
    6.1    Cloud-Based 
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    On-Premises 
        6.2.1    Market Trends
        6.2.2    Market Forecast
7    Market Breakup by CLM Offerings 
    7.1    Licensing and Subscription 
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Services 
        7.2.1    Market Trends
        7.2.2    Market Forecast
8    Market Breakup by Enterprise Size 
    8.1    Large Enterprise 
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Small and Medium Enterprise  
        8.2.1    Market Trends
        8.2.2    Market Forecast
9    Market Breakup by Industry 
    9.1    Automotive 
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Electrical and Electronics  
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Pharmaceutical 
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Retail and E-commerce  
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Manufacturing 
        9.5.1    Market Trends
        9.5.2    Market Forecast
    9.6    BFSI  
        9.6.1    Market Trends
        9.6.2    Market Forecast
    9.7    Others  
        9.7.1    Market Trends
        9.7.2    Market Forecast
10    Market Breakup by Region
    10.1    Northeast 
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Midwest
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    South
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    West
        10.4.1 Market Trends
        10.4.2 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Policy and Regulatory Landscape
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: United States: Contract Life Cycle Management Software Market: Major Drivers and Challenges
Figure 2: United States: Contract Life Cycle Management Software Market: Sales Value (in Million US$), 2015-2020
Figure 3: United States: Contract Life Cycle Management Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: United States: Contract Life Cycle Management Software Market: Breakup by Deployment Model (in %), 2020
Figure 5: United States: Contract Life Cycle Management Software Market: Breakup by CLM Offerings (in %), 2020
Figure 6: United States: Contract Life Cycle Management Software Market: Breakup by Enterprise Size (in %), 2020
Figure 7: United States: Contract Life Cycle Management Software Market: Breakup by Industry (in %), 2020
Figure 8: United States: Contract Life Cycle Management Software Market: Breakup by Region (in %), 2020
Figure 9: United States: Contract Life Cycle Management Software (Cloud-Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: United States: Contract Life Cycle Management Software (Cloud-Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: United States: Contract Life Cycle Management Software (On-Premises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: United States: Contract Life Cycle Management Software (On-Premises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: United States: Contract Life Cycle Management Software (Licensing and Subscription) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: United States: Contract Life Cycle Management Software (Licensing and Subscription) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: United States: Contract Life Cycle Management Software (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: United States: Contract Life Cycle Management Software (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: United States: Contract Life Cycle Management Software (Large Enterprise) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: United States: Contract Life Cycle Management Software (Large Enterprise) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: United States: Contract Life Cycle Management Software (Small and Medium Enterprise) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: United States: Contract Life Cycle Management Software (Small and Medium Enterprise) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: United States: Contract Life Cycle Management Software (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: United States: Contract Life Cycle Management Software (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: United States: Contract Life Cycle Management Software (Electrical and Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: United States: Contract Life Cycle Management Software (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: United States: Contract Life Cycle Management Software (Pharmaceutical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: United States: Contract Life Cycle Management Software (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: United States: Contract Life Cycle Management Software (Retail and E-commerce) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: United States: Contract Life Cycle Management Software (Retail and E-commerce) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: United States: Contract Life Cycle Management Software (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: United States: Contract Life Cycle Management Software (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: United States: Contract Life Cycle Management Software (BFSI) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: United States: Contract Life Cycle Management Software (BFSI) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: United States: Contract Life Cycle Management Software (Other Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: United States: Contract Life Cycle Management Software (Other Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Northeast: Contract Life Cycle Management Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Northeast: Contract Life Cycle Management Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Midwest: Contract Life Cycle Management Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Midwest: Contract Life Cycle Management Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: South: Contract Life Cycle Management Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: South: Contract Life Cycle Management Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: West: Contract Life Cycle Management Software Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: West: Contract Life Cycle Management Software Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: United States: Contract Life Cycle Management Software Industry: SWOT Analysis
Figure 44: United States: Contract Life Cycle Management Software Industry: Value Chain Analysis
Figure 45: United States: Contract Life Cycle Management Software Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: United States: Contract Life Cycle Management Software Market: Key Industry Highlights, 2020 and 2026
Table 2: United States: Contract Life Cycle Management Market Software Forecast: Breakup by Deployment Model (in Million US$), 2021-2026
Table 3: United States: Contract Life Cycle Management Market Software Forecast: Breakup by CLM Offerings (in Million US$), 2021-2026
Table 4: United States: Contract Life Cycle Management Software Market Forecast: Breakup by Enterprise Size (in Million US$), 2021-2026
Table 5: United States: Contract Life Cycle Management Software Market Forecast: Breakup by Industry (in Million US$), 2021-2026
Table 6: United States: Contract Life Cycle Management Software Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: United States: Contract Life Cycle Management Software Market Structure
Table 8: United States: Contract Life Cycle Management Software Market: Key Players

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