Contract Management Market Report - Growth and Recent Trends by Forecast to 2023
The global contract management market is expected to reach USD 6.5 billion by 2025, registering a CAGR of 12.3% during the forecast period 2019–2025. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the coming years. Segmental Analysis The global contract management market has been segmented on the basis of component, deployment, organization size, vertical and region Based on the component, the contract management market has been segmented into solution and services. The service segment has been further categorized into support & maintenance services and implementation & integration services. The solution component held larger share in the year 2018 and it is expected to remain so in the forecast period. In order to efficiently manage a large number of contracts, enterprises across industry verticals are significantly deploying contract management software. Additionally, since a large ...