PUBLISHER: QKS Group | PRODUCT CODE: 1637589
PUBLISHER: QKS Group | PRODUCT CODE: 1637589
Market Share: Buy Side-Contract Lifecycle Management (CLM), 2023-2028, Middle East and Africa (Bundle of Two Reports)
This product includes two reports: Market Share and Market Forecast.
Market Share Description:
QKS Group Reveals that Buy Side-Contract Lifecycle Management (CLM) Market is Projected to Register a CAGR of above average by 2028 in Middle East and Africa.
The Middle East and Africa (MEA) region is set to experience above-average growth in the Buy Side-Contract Lifecycle Management (CLM) market by 2028. The region's drive towards economic diversification and digital transformation is a key catalyst for this growth. Governments and businesses in MEA are increasingly adopting CLM solutions to streamline contract management processes, ensure compliance with complex regulations, and enhance operational efficiency. The rising awareness of the benefits of automated contract management among enterprises in sectors such as oil and gas, finance, and healthcare is further fueling the demand for CLM solutions in the region.
Quadrant Knowledge Solutions defines Contract Lifecycle Management (CLM) as software that automates and streamlines the end-to-end contract lifecycle from creation, negotiation, approval, execution, analysis, and compliance to renewal/expiry. The CLM software also provides a centralized contract repository for all types of contracts and agreements, including contracts from vendors, business partners, customers, employees, and others. The CLM software often stores supplier data, contract terms, negotiated prices, and other information to provide centralized visibility, enabling companies to execute contractual agreements faster and more efficiently. The CLM software helps the organization minimize administration costs and improve contractual performance, operational efficiency, and regulatory compliance.
Market Forecast Description:
QKS Group Reveals that Buy Side-Contract lifecycle management (CLM) Market is Projected to Register a CAGR of above average by 2028 in Middle East and Africa.
The future of the Buy Side-Contract Lifecycle Management (CLM) market in the Middle East and Africa (MEA) looks promising, with a continued focus on digital transformation and regulatory compliance. Cloud-based CLM solutions will gain traction due to their scalability and cost-effectiveness, making them suitable for the diverse business landscape in the region. The integration of AI and ML technologies will enhance contract analytics, automate routine tasks, and improve decision-making processes. Additionally, the adoption of blockchain technology for secure and transparent contract management will further drive the growth of the CLM market in MEA. As businesses in the region continue to evolve and embrace digital solutions, the CLM market is poised for sustained growth and innovation.
Quadrant Knowledge Solutions defines Contract Lifecycle Management (CLM) as software that automates and streamlines the end-to-end contract lifecycle from creation, negotiation, approval, execution, analysis, and compliance to renewal/expiry. The CLM software also provides a centralized contract repository for all types of contracts and agreements, including contracts from vendors, business partners, customers, employees, and others. The CLM software often stores supplier data, contract terms, negotiated prices, and other information to provide centralized visibility, enabling companies to execute contractual agreements faster and more efficiently. The CLM software helps the organization minimize administration costs and improve contractual performance, operational efficiency, and regulatory compliance.
TABLE OF CONTENTS
Market Share:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers & Restraints
Chapter 03: Market Share Analysis
- Middle East & Africa Market Share
- Middle East & Africa Market Share by Industry Verticals
- Market Share by Media & Entertainment
- Market Share by Retail
- Market Share by BFSI
- Market Share by Travel & Hospitality
- Market Share by Education
- Market Share by Public Sector
- Market Share by Healthcare & Life Science
- Market Share by Automotive
- Market Share by Food & Beverage
- Middle East & Africa Market Share by Deployment Type
- Market Share by Deployment Type: On prem
- Market Share by Deployment Type: Cloud
- Middle East & Africa Market Share by Customer Type
- Market Share by SMB
- Market Share by Large
- Market Share by Enterprise
Chapter 04: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 05: Appendix
- Research Methodologies
Market Forecast:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers & Restraints
Chapter 03: Market Forecast Analysis
- Middle East & Africa Market Forecast
- Middle East & Africa Market Forecast by Industry Verticals
- Market Forecast by Media & Entertainment
- Market Forecast by Retail
- Market Forecast by BFSI
- Market Forecast by Travel & Hospitality
- Market Forecast by Education
- Market Forecast by Public Sector
- Market Forecast by Healthcare & Life Science
- Market Forecast by Automotive
- Market Forecast by Food & Beverage
- Middle East & Africa Market Forecast by Deployment Type
- Market Forecast by Deployment Type: On prem
- Market Forecast by Deployment Type: Cloud
- Middle East & Africa Market Forecast by Customer Type
- Market Forecast by SMB
- Market Forecast by Large
- Market Forecast by Enterprise
Chapter 04: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 05: Appendix
- Research Methodologies
LIST OF FIGURES
Market Share:
- Fig. 1 Market Share of Buy Side-Contract lifecycle management (CLM) Middle East & Africa, 2023
- Fig. 2 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) IT & Telecom Industry, 2023
- Fig. 3 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Banking & Financial Services Industry, 2023
- Fig. 4 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Insurance Industry, 2023
- Fig. 5 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Healthcare Industry, 2023
- Fig. 6 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Government & Public Sector, 2023
- Fig. 7 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Retail & eCommerce, 2023
- Fig. 8 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Manufacturing, 2023
- Fig. 9 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Hospitality, 2023
- Fig. 10 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) On-premises Deployment, 2023
- Fig. 11 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Cloud Deployment, 2023
- Fig. 12 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) SMB Customers, 2023
- Fig. 13 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Large Customers, 2023
- Fig. 14 Middle East & Africa Market Share of Buy Side-Contract lifecycle management (CLM) Enterprise Customers, 2023
Market Forecast:
- Fig. 1 Market Forecast of Buy Side-Contract lifecycle management (CLM) Middle East & Africa, 2024- 2028
- Fig. 2 Market Forecast of Buy Side-Contract lifecycle management (CLM) IT & Telecom Industry, 2024- 2028
- Fig. 3 Market Forecast of Buy Side-Contract lifecycle management (CLM) Banking & Financial Services Industry, 2023
- Fig. 4 Market Forecast of Buy Side-Contract lifecycle management (CLM) Insurance Industry, 2024- 2028
- Fig. 5 Market Forecast of Buy Side-Contract lifecycle management (CLM) Healthcare Industry, 2024- 2028
- Fig. 6 Market Forecast of Buy Side-Contract lifecycle management (CLM) Government & Public Sector, 2024- 2028
- Fig. 7 Market Forecast of Buy Side-Contract lifecycle management (CLM) Retail & eCommerce, 2024- 2028
- Fig. 8 Market Forecast of Buy Side-Contract lifecycle management (CLM) Manufacturing, 2024- 2028
- Fig. 9 Market Forecast of Buy Side-Contract lifecycle management (CLM) Hospitality, 2024- 2028
- Fig. 10 Market Forecast of Buy Side-Contract lifecycle management (CLM) On-premises Deployment, 2024- 2028
- Fig. 11 Market Forecast of Buy Side-Contract lifecycle management (CLM) Cloud Deployment, 2024- 2028
- Fig. 12 Market Forecast of Buy Side-Contract lifecycle management (CLM) SMB Customers, 2024- 2028
- Fig. 13 Market Forecast of Buy Side-Contract lifecycle management (CLM) Large Customers, 2024- 2028
- Fig. 14 Market Forecast of Buy Side-Contract lifecycle management (CLM) Enterprise Customers, 2024- 2028
