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The Contract Lifecycle Management Software Market is experiencing significant growth as businesses recognize the importance of efficient contract management processes in driving operational efficiency, reducing risk, and maximizing revenue. The market is witnessing rapid expansion driven by the increasing complexity of contract management processes, regulatory compliance requirements, and the growing volume of contracts across industries. Leading players such as SAP, Coupa Software, Icertis, and Conga dominate the market, offering comprehensive CLM platforms, tools, and services.