Machine Learning Tools Market
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Contract analysis software helps legal firms and businesses with certain aspects of contract data analysis, such as searching for key terms and understanding. They are language processing tools that use artificial intelligence (AI) and natural language processing to aid businesses in understanding the substance and implications of contract language. These tools help companies avoid risks and mistakes they would have normally not come across on their own. Contract analysis software brings many key benefits to any organization. One of the key benefits is to improve the entire contract review process and easily integrate documents. Such software is fueled by the latest developments in artificial intelligence (AI) which allows you to automatically locate, extract, and review key information and data points in just minutes ”“ something that previously took hours.
This report contains market size and forecasts of Contract Analysis Software in Global, including the following market information:
Global Contract Analysis Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Contract Analysis Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-Premise Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Contract Analysis Software include Kira, Loio, Brightleaf, Model N, Icertis, DocuSign, kReveal, Gatekeeper and Evisort, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Contract Analysis Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contract Analysis Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Contract Analysis Software Market Segment Percentages, by Type, 2021 (%)
On-Premise
Cloud-Based
Global Contract Analysis Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Contract Analysis Software Market Segment Percentages, by Application, 2021 (%)
Printable Tape
Businesses
Others
Global Contract Analysis Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Contract Analysis Software Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contract Analysis Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Contract Analysis Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kira
Loio
Brightleaf
Model N
Icertis
DocuSign
kReveal
Gatekeeper
Evisort
SirionLabs
ayfie Inspector
Eigen
Heretik
Imprima AI
Onit ReviewAI
Luminance
eBrevia
Conduent
Wolters Kluwer
Della
Summize
ThoughtTrace
Aerofiler
LexCheck
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