The Contract Lifecycle Management Software Market is projected to reach USD 6.13 billion by 2032, with a CAGR of 10.20% from 2022-2030. This growth is driven by increased government expenditure in legal technologies and the complexity of corporate processes, while machine learning and artificial intelligence offer opportunities for enhanced accuracy and efficiency. CLM solutions are used by general counsels and C-level executives to draft and manage contracts that outline their interactions with customers, suppliers, employees, and partners.
