Top Contract Lifecycle Management Software Reviews in 2026

ScaleOcean Team
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Managing contracts manually invites severe risks like missed deadlines, legal non-compliance, and costly human errors. Without a dedicated system like contract lifecycle management, businesses often struggle with data silos that lead to significant financial leakages.

These risks drive the market’s rapid growth as organizations prioritize security. According to IPI Singapore, the contract lifecycle management (CLM) segment alone is expected to surpass USD 5.8 billion by 2030 to protect assets.

Because of that, this article explores CLM software definitions and why this software is vital for success. We will also review the best contract lifecycle management software, like ScaleOcean, DocuSign, Sirion, and many more, to help you find the best fit for your specific enterprise requirements.

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What is Contract Lifecycle Management Software?

Contract lifecycle management software is a strategic digital platform that automates and streamlines the entire contract lifecycle. It manages everything from initial drafting and negotiation to final execution and renewals.

Modern CLM software eliminates manual bottlenecks by digitizing every step. This ensures that legal and business teams can collaborate in a single, secure environment without losing critical data.

By integrating these digital steps, the process moves seamlessly from request and authoring to negotiation, approval, and signing. This lifecycle concludes with post-signature tracking to ensure all obligations are met before renewal.

Here is the flowchart of the contract lifecycle management:

Contract Lifecycle Management Flowchart

Why CLM Software Matters in 2026

In 2026, CLM software becomes essential as contract volumes grow, regulations tighten, and speed matters more than ever. It helps organisations manage contracts faster, reduce risk, and turn agreements into strategic assets that support scalable, data-driven decision making.

Key capabilities that define modern CLM platforms include:

  • Faster Contracting: Accelerate deal cycles by removing manual drafting delays.
  • Fewer Errors: Use pre-approved language to eliminate costly human mistakes.
  • Visibility and Scalability: Gain a bird’s-eye view of all global agreements instantly.
  • Shift to Contract Intelligence: Turn static documents into searchable, actionable data assets.
  • Agentic AI Transformation: Deploy autonomous AI agents to handle routine contract tasks.
  • Proactive Compliance and Security: Automate regulatory checks and safeguard sensitive data.
  • Revenue Protection: Prevent financial leakage by never missing a renewal date.

Contract Lifecycle Management Software Features to Look Out For

Contract Lifecycle Management software matters even more as contracts get more complex, spread across teams, and are expected to move faster. The right features help organisations simplify work, reduce legal risk, and scale contract operations smoothly across regions and departments.

Key features that typically define a strong CLM platform include:

Centralized Repository

A unified database acts as the single source of truth for all company documents. It allows users to find any contract instantly using advanced search and tagging features.

Having all agreements in one place prevents document loss and silos. This visibility is crucial for decision-makers who need to audit obligations across various departments and regions.

Automated Workflows

Automated workflows route contracts to the right stakeholders for approval without manual follow-ups. This ensures that the internal review process remains consistent, fast, and fully transparent.

By setting up custom triggers, businesses can ensure high-value deals are prioritized. It removes the guesswork from “who needs to sign next,” significantly reducing organizational friction.

AI-Powered Analysis

Artificial intelligence scans contracts to extract key metadata, dates, and complex clauses. This feature turns thousands of pages of text into a structured, easily reportable dashboard.

Decision-makers use this analysis to identify hidden risks and opportunities at scale. It transforms the legal department from a cost center into a strategic business intelligence unit.

AI Redlining

AI redlining suggests edits and flags risky terms during the negotiation phase. It compares incoming vendor paper against your company’s pre-defined playbooks to ensure total alignment.

This technology allows legal teams to focus on high-level strategy rather than routine text. It ensures that every negotiation adheres to your specific risk tolerance and standards.

Template Library

A library of pre-approved templates allows non-legal teams to generate standard agreements safely. This self-service model ensures all documents start with the most current, compliant language.

Maintaining a template library reduces the legal team’s burden for routine NDAs or SOWs. It empowers sales and procurement teams to move faster while maintaining strict quality control.

Compliance and Risk Management

The software proactively monitors regulatory changes and internal policy adherence. It flags deviations in real-time, allowing teams to address potential compliance issues before they become liabilities.

Automated alerts for expiring certifications or missing clauses provide an essential safety net. This feature protects the company’s reputation and prevents heavy fines in highly regulated industries.

Self-Service Intake

Self-service portals allow stakeholders to request contracts by answering simple, guided questions. The system then triages the request and routes it to the appropriate team or template.

This intake method eliminates messy email chains and missing information from the start. It ensures that every contract request is captured with the necessary context for rapid processing.

What is the Best CLM Software for 2026? 10 Recommendation

As businesses scale and contract volumes rise, the need for efficient contract lifecycle management (CLM) software becomes essential. In 2026, choosing the right CLM solution can help streamline operations, ensure compliance, and improve overall efficiency in managing contracts.

Here is a comparison of the best CLM software options for 2026:

Vendor Best Use Case Core Features
ScaleOcean Medium to large enterprises in Singapore. Contract automation, customizable templates, alerts, compliance tracking, access control, Singapore-localized security.
DocuSign CLM Large global enterprises are using e-signatures. Automated document generation, clause library, e-signature integration, flexible workflows, and cloud storage.
Sirion Complex, long-term vendor relationships. AI-driven obligation tracking, real-time vendor monitoring, performance analytics, and collaborative portal.
Ironclad Fast-growing tech companies need user-friendly workflows. Workflow design, dynamic repository, redlining, instant alerts, sales, and HR integration.
Workday CLM Enterprises using Workday for HR and finance. Integration with HR/finance data, automated term extraction, risk identification, and reporting.
Juro High-volume contract businesses. Browser-based editor, mass document generation, real-time collaboration, and visual dashboards.
Agiloft Enterprises with complex workflows. No-code customization, multi-language support, advanced permissions, and legacy system integration.
Icertis Large global enterprises. AI-powered risk scoring, global compliance management, reporting, SAP, and Microsoft integration.
LinkSquares Enterprises with unorganized legacy contracts. OCR scanning, automated clause extraction, search filters, expiration, and liability reporting.
HyperStart Small to medium enterprises seeking AI-driven drafting. AI redlining, metadata tagging, version control, contract tracking, and a secure repository.

With the comparison already discussed above between the best CLM software, here are the detailed reviews and explanations of the top contract lifecycle management software recommendations to consider in 2026:

1. ScaleOcean Contract Lifecycle Management Software

ScaleOcean Contract Lifecycle Management Software DashboardScaleOcean’s contract management system is an ERP-based software that offers an intuitive platform that seamlessly integrates with various business modules. This solution allows for easy customization, ensuring smooth connectivity with your CRM, sales, inventory, finance, and other business functions.

The system provides centralized contract lifecycle management where all agreements are handled in one place. This unified hub simplifies searching and tracking while reducing the risks of document loss or critical storage errors.

Security is guaranteed through Singapore localization and strict data storage following PDPA regulations. Furthermore, this software is a perfect match for the CTC grant in Singapore to support your digital transformation goals. Also, you can explore these features firsthand by booking a free demo to see how the system fits your workflow.

Key Features:

  • Contract Automation: Create documents automatically using customizable smart templates.
  • Access Control: Ensure only authorized staff can edit or approve sensitive files.
  • Customizable Templates: Tailor diverse agreement forms to meet your specific business needs.
  • Flexible Contract Types: Manage long-term, short-term, or recurring agreements with ease.
  • Automated Alerts: Get instant reminders for upcoming deadlines and contract renewals.
  • Compliance Tracking: Monitor every agreement to ensure total alignment with policies.
Pros Cons
  1. Highly flexible system that is incredibly easy to customize and configure for any needs.
  2. Consultative implementation starts by deeply understanding your unique business processes.
  3. Modular structure allows your team to activate specific system features gradually over time.
  4. Faster ROI is achieved with an impressive overall business improvement of 45–75 percent.
  5. Specifically designed to meet the complex and high-level requirements of large enterprises.
  1. Not intended for very small businesses or those with highly simple operational requirements.
  2. Long-term solution focus instead of quick setup, with a full implementation period taking between 2 and 6 months.

Best For: This platform is highly suitable for medium to large enterprises in Singapore needing a localized ERP-integrated solution. It excels at bridging the gap between legal documents and daily operations for growing corporate teams.

2. DocuSign CLM System

DocuSign CLM is a document management solution that focuses on the organization and automation of agreement processes. It provides a structured environment for preparing, signing, and storing corporate files.

The primary function of this tool is to standardize how documents move through an organization. It connects electronic signature capabilities with automated folder structures to keep legal data organized.

Key Features:

  • Automated document generation from pre-approved templates.
  • Advanced clause library for standardized legal language.
  • Tight integration with world-leading e-signature tools.
  • Flexible workflow routing for internal approval cycles.
  • Secure cloud storage with organized folder hierarchies.
Pros Cons
  1. Extremely familiar interface for most business users.
  2. High global recognition for electronic signature tasks.
  3. Streamlines the transition from drafting to execution.
  4. An extensive ecosystem of third-party software integrations.
  5. Reliable performance for high-volume document handling.
  1. Advanced automation setup can be technically complex.
  2. Heavy reliance on the core e-signature product suite.
  3. Occasional lag during large file batch processing.
  4. The interface can feel cluttered with too many features.
  5. Customer support response times vary by region.

Best For: Ideal for large global enterprises that already utilize electronic signature workflows and require a scalable system. It fits organizations looking to standardize their document preparation and storage globally.

3. Sirion Contract Management Software

Sirion Contract Management Software Dashboard

Sirion is a leader in AI-native contract lifecycle management, focusing heavily on post-signature obligation tracking. It uses advanced intelligence to ensure that what was promised in the contract is delivered.

This software is ideal for companies with complex, long-term vendor relationships. It helps management monitor service levels and financial commitments in real-time to maximize contract value.

Key Features:

  • AI-driven extraction of key contractual obligations.
  • Real-time monitoring of vendor service level agreements.
  • Automated tracking of financial commitments and dates.
  • Advanced performance analytics for post-signature data.
  • Collaborative portal for buyer and supplier alignment.
Pros Cons
  1. Strong focus on maximizing value after the signature.
  2. Deep insights into complex supplier relationship data.
  3. Reduces risks associated with missing contract milestones.
  4. Transforms static text into actionable business metrics.
  5. Highly effective for long-term strategic partnerships.
  1. Implementation requires significant data preparation time.
  2. The feature set might be overwhelming for simple contracts.
  3. Requires consistent data input from external vendors.
  4. Navigation through analytics dashboards can be tricky.
  5. Steep learning curve for non-technical business users.

Best For: This solution is best for large enterprises managing complex, long-term vendor relationships and service agreements. It serves decision-makers who need to ensure that every contractual obligation is met.

4. Ironclad Contract Management Tools

Ironclad is a digital contracting platform designed to handle the entire administrative process of legal documents. It allows users to build custom workflows for drafting and internal approval cycles.

The software functions as a collaborative workspace where legal and business teams can edit documents. It records every change made during the process to maintain a complete audit trail.

Key Features:

  • Intuitive drag-and-drop workflow designer for users.
  • Dynamic repository with advanced data search filters.
  • Collaborative redlining tools within a web interface.
  • Instant alerts for upcoming contract renewal dates.
  • Seamless connectivity with common sales and HR tools.
Pros Cons
  1. Empowering legal teams to build automation without IT.
  2. Very modern and clean user interface for all staff.
  3. Speeds up the negotiation phase with live editing.
  4. High user adoption rates across non-legal departments.
  5. Accurate tracking of document versions and changes.
  1. Performance can slow down with very large file sizes.
  2. Some advanced reporting features require extra setup.
  3. Limited offline editing capabilities for mobile users.
  4. Integration with legacy on-premise systems is difficult.
  5. Occasional glitches in the browser-based editor view.

Best For: Perfect for fast-growing medium to large technology companies that need a modern, user-friendly interface. It suits organizations that prioritize rapid workflow changes and cross-departmental collaboration.

5. Workday CLM Solution

Workday CLM Solution Dashboard

Workday CLM is an integrated module within a larger human capital and financial management ecosystem. It functions by linking contract data directly to employee records and corporate financial accounts.

This tool serves to provide context for agreements within the scope of global business operations. It helps finance teams verify that spending aligns with the terms found in active contracts.

Key Features:

  1. Native integration with HR and financial data sets.
  2. Automated extraction of terms using intelligent tools.
  3. Unified view of contracts within the Workday portal.
  4. Risk identification based on existing corporate policy.
  5. Strategic reporting on contract-related spending trends.
Pros Cons
  1. Eliminates data silos between legal and finance teams.
  2. Consistent user experience for existing Workday users.
  3. High data integrity due to the unified platform.
  4. Simplifies compliance audits for large organizations.
  5. Strong security backed by enterprise-grade protocols.
  1. Only practical for companies already using Workday.
  2. Customization options are limited by the ecosystem.
  3. The setup process is tied to the broader ERP rollout.
  4. May lack some niche features found in standalone CLM.
  5. Heavy system requirements for optimal performance.

Best For: Best for large enterprises already invested in the Workday ecosystem for HR or finance. It is the top choice for companies seeking a unified source of truth for all corporate and employee data.

6. Juro Contract Management Software

Juro is a browser-based contracting tool that allows for the creation and signing of documents without external software. It functions as a data-first platform for managing high-volume legal agreements.

The system serves to consolidate the negotiation and signature phases into a single digital interface. It allows multiple parties to view and update the status of a contract in real-time.

Key Features:

  • End-to-end browser-based contract editor and signer.
  • Mass generation of documents via simple data uploads.
  • Real-time collaboration sidebar for internal comments.
  • Visual dashboards for tracking the contract pipeline.
  • Automated reminders for signature and renewal tasks.
Pros Cons
  1. Extremely fast deployment for standard agreements.
  2. Removes the need for switching between Word and Email.
  3. Very easy for external signers to use and navigate.
  4. High transparency during the active negotiation phase.
  5. Flexible data architecture for capturing custom fields.
  1. Not ideal for highly complex, multi-layered documents.
  2. Limited formatting options compared to traditional tools.
  3. Exporting to PDF can sometimes alter the layout.
  4. Lacks deep post-signature performance tracking tools.
  5. Search functionality is basic for massive repositories.

Best For: This software is ideal for small to medium-sized businesses and high-growth startups with high-volume, standardized contracts. It works best for teams needing a fast, frictionless signing experience.

7. Agiloft Contract Management Platform

Agiloft is a highly configurable management system used for automating various business rules and contract types. It functions by allowing users to define specific logic for their document workflows.

This software serves organizations that have unique administrative requirements that do not fit standard models. It provides a flexible framework for managing diverse sets of legal and operational data.

Key Features:

  • Fully customizable no-code platform for workflows.
  • Advanced permission settings for granular data access.
  • Detailed audit logs for every system configuration.
  • Support for multi-language and multi-currency data.
  • Integration capabilities with legacy enterprise tools.
Pros Cons
  1. Can be tailored to match almost any business process.
  2. Highly scalable for growing global organizations.
  3. Strong emphasis on data security and compliance.
  4. Versatile enough to handle non-contract data tasks.
  5. Reliable performance even with complex logical rules.
  1. Initial configuration requires significant expertise.
  2. The interface looks dated compared to modern SaaS tools.
  3. Documentation for advanced features can be complex.
  4. Administrative training takes more time than average.
  5. An overwhelming number of settings for simple users.

Best For: Suited for large enterprises with highly specific or unusual business processes that require deep customization. It is perfect for organizations that need their software to adapt to their logic.

8. Icertis CLM Platform

Icertis is an enterprise-level platform built to manage large portfolios of agreements across global locations. It functions by converting static document text into structured data for better corporate reporting.

The tool provides a centralized system for tracking compliance and risk across different jurisdictions. It helps large companies maintain a unified approach to their global contractual obligations and standards.

Key Features:

  • AI-powered risk scoring for incoming agreements.
  • Management of cross-border regulatory compliance.
  • An extensive library of global legal clause variations.
  • Sophisticated reporting for executive-level oversight.
  • Broad integration with Microsoft and SAP ecosystems.
Pros Cons
  1. Built specifically for the needs of global corporations.
  2. Deep intelligence for identifying hidden legal risks.
  3. Scales effortlessly across thousands of users globally.
  4. Strong industry-specific templates for diverse sectors.
  5. Excellent data visualization for large contract sets.
  1. Implementation can take several months to complete.
  2. Requires a dedicated team for system administration.
  3. Can be too complex for small regional departments.
  4. Heavy resource usage during data-intensive reports.
  5. The mobile interface has limited functionality.

Best For: Recommended for the largest global enterprises with massive contract volumes across multiple countries. It is the best choice for organizations where compliance and risk management are the top priorities.

9. LinkSquares Contract Management System

LinkSquares is a contract analysis tool that focuses on the retrieval and categorization of data from executed agreements. It functions by using identification technology to search through legacy document libraries.

This software serves to help teams understand what is contained within their existing contract database. It identifies key dates and clauses so that companies can respond to internal data requests.

Key Features:

  • High-speed OCR for scanning legacy paper documents.
  • Automated extraction of dates, parties, and clauses.
  • Advanced search filters for the entire repository.
  • Detailed reporting on expiration and liability risks.
  • Simple dashboard for managing post-signature tasks.
Pros Cons
  1. Very effective for organizing messy legacy archives.
  2. Saves legal teams hundreds of hours in manual review.
  3. Simple and intuitive search like a modern web engine.
  4. Quick setup for companies with existing documents.
  5. High accuracy in identifying key contractual terms.
  1. Less focus on the initial drafting and negotiation.
  2. Integration with sales tools is not its primary focus.
  3. AI extraction might require occasional human verification.
  4. Limited workflow automation for pre-signature steps.
  5. Dashboard customization options are somewhat basic.

Best For: This tool is best for medium to large enterprises that have a large volume of existing, unorganized contracts. It is ideal for legal teams needing to conduct rapid audits or data discovery.

10. HyperStart Contract Management

HyperStart is a management solution that focuses on the extraction of metadata from legal documents during the drafting stage. It functions by identifying specific terms and entities within a text.

The system serves to categorize contract information automatically to reduce manual data entry. It assists teams in organizing their digital files based on the specific attributes found in each.

Key Features:

  • AI-assisted redlining for faster document review.
  • Automatic metadata tagging for all new uploads.
  • Simplified dashboard for tracking contract progress.
  • Version control for managing multiple draft edits.
  • Secure repository with organized document tags.
Pros Cons
  1. Reduces time spent on routine document checks.
  2. Easy to implement for smaller legal departments.
  3. High precision in identifying common legal entities.
  4. Clean design that focuses on essential user tasks.
  5. Facilitates faster deal closure through AI support.
  1. Brand awareness is lower than that of major competitors.
  2. Smaller ecosystem of third-party integrations.
  3. Limited advanced features for post-signature tracking.
  4. May require manual correction for complex clauses.
  5. Customer support is primarily handled digitally.

Best For: A great fit for small to medium enterprises looking for a nimble, AI-focused solution to speed up their drafting process. It serves teams that want modern technology without enterprise complexity.

In conclusion, selecting the right CLM software can significantly streamline contract processes and enhance business efficiency. So, ScaleOcean’s ERP-integrated CLM offers a powerful, flexible solution that seamlessly connects contracts to your daily operations, ensuring compliance and boosting productivity.

ERP

Who Uses CLM Software?

CLM software is used across industries to streamline contract processes, reduce manual errors, and improve operational efficiency. Automating workflows and enhancing compliance, it helps teams close deals, manage risks, and improve strategic decision-making.

Here’s how different departments leverage CLM software:

  • Sales Teams: To close deals faster without waiting for manual legal reviews.
  • Procurement/Vendor Agreements: To manage supplier relationships and track complex spending obligations.
  • Human Resources: To automate offer letters and ensure employment contracts stay compliant.
  • Customer Service: To monitor service level agreements (SLAs) and client commitments accurately.
  • Executive Management: To gain real-time visibility into company-wide risks and revenue opportunities.

CLM Software Use Cases by Industry

CLM Software Use Examples by IndustryContract lifecycle management software offers tailored solutions to various industries, helping them streamline contract lifecycle management, boost efficiency, and stay compliant. With automation and advanced features, businesses in different sectors are better equipped to handle complex agreements and manage risks.

Here are key use cases for CLM software by industry:

Law firms and compliance teams use CLM to manage high volumes of regulatory documents. The software ensures that every clause meets current standards, reducing the risk of litigation.

According to a report from the State of Legal Function from Fortune Business Insight, the proportion of legal budgets spent on technologies is expected to increase significantly by 2025. This shift highlights the growing reliance on technology to streamline legal processes and improve efficiency.

Automation also helps these teams handle routine reviews 10x faster than manual processes. This allows legal professionals to focus on higher-value advisory work rather than administrative paperwork.

Manufacturing and Supply Chain

Manufacturers use CLM to track complex vendor agreements and delivery milestones. It ensures that every part of the supply chain adheres to the agreed-upon quality and timing.

Automated alerts for renewals prevent disruptions in the production line. This visibility helps managers optimize their vendor portfolios and negotiate better terms based on historical performance.

Healthcare and Life Sciences

In healthcare, CLM is critical for managing physician agreements and regulatory compliance. It ensures that all contracts meet strict data privacy and industry-specific safety standards.

The software tracks expiration dates for licenses and insurance, preventing costly lapses. This focus on compliance protects the organization from legal repercussions and ensures patient safety.

Financial Service

Banks and financial institutions use CLM to manage thousands of complex, highly regulated agreements. The software provides an audit trail that is essential for meeting international banking standards.

AI-powered analysis identifies financial risks and ensures that all fee structures are consistent. This level of control is vital for maintaining transparency and operational integrity.

Technology and SaaS Companies

Tech companies use CLM to manage rapidly scaling subscription agreements and NDAs. The focus here is on speed and integration with existing CRM systems like Salesforce.

Automated workflows allow sales teams to send out contracts with a single click. This reduces friction in the sales cycle, helping software companies maintain high growth rates.

Energy and Utilities

The energy sector uses CLM to manage massive infrastructure projects and land-lease agreements. These contracts often span decades and involve complex, long-term legal and financial obligations.

Centralized storage ensures that critical documents are never lost over long timeframes. The software helps managers track environmental compliance and maintenance obligations across diverse assets.

How to Choose the Right CLM Software

Choosing the right contract lifecycle management software is crucial for streamlining contract management and ensuring business growth. By evaluating your unique needs and considering key features, you can select the best solution that will enhance efficiency, reduce risks, and improve compliance across your organization.

Here’s how to approach selecting the right CLM software:

1. Assess Your Needs & Goals

Identify the specific bottlenecks in your current process, such as slow approvals or lost documents. Understanding your primary pain points helps you prioritize features that offer the most ROI.

Consult with all departments to ensure the software meets everyone’s needs. A tool that only works for legal won’t be adopted by sales or procurement teams effectively.

2. Key Features to Evaluate

Focus on essential capabilities like AI-powered extraction, automated workflows, and e-signature integration. Ensure the software can handle your specific contract volume and complexity without slowing down.

Test the mobile accessibility and user interface to guarantee high adoption rates. The best software is the one your team actually finds easy and helpful to use.

3. Vendor & Implementation Considerations

Look for a vendor with a strong presence in your region and a proven track record. Consider the implementation timeline and the level of support provided during the transition.

Ask about data security standards, such as SOC 2 compliance, to protect your sensitive data. A reliable vendor should offer transparent pricing and a clear path to success.

4. Decision-Making Process

Run a pilot program or a “Live Redline Challenge” with your most complex templates. This allows you to see how the software performs under real-world pressure before committing.

Collect feedback from all stakeholders involved in the trial to ensure a well-rounded decision. The final choice should balance technical power with ease of use and long-term scalability.

Conclusion

Contract lifecycle management software helps streamline the process from the initial request all the way to renewal, improving transparency, reducing risks, and eliminating slowdowns. This boosts efficiency and adds long-term value to your business.

ScaleOcean’s CLM software keeps you ahead by automating tracking and centralizing data, ensuring compliance and protecting revenue. It connects legal obligations with everyday growth. Book a free demo today to see how it can transform your operations.

FAQ:

1. What does contract lifecycle management software do?

CLM software automates and simplifies the contract process, ensuring smooth handling of agreements across all stages. This increases efficiency, reduces mistakes, and ensures contracts are compliant, offering a streamlined management experience.

2. What is the difference between CLM and ERP?

ERP systems manage overall business functions, while CLM is focused on handling and automating every phase of a contract’s lifecycle, providing specialized contract management.

3. What is CLM and CPQ?

CPQ creates quick and accurate pricing and quotes, whereas CLM takes those quotes and turns them into legally binding contracts, managing them from start to finish.

4. How big is the contract lifecycle management market?

According to Mordor Intelligence, the CLM market is expected to grow to USD 3.39 billion by 2026, up from USD 3.0 billion in 2025, with a forecasted growth rate of 13.06% CAGR, reaching USD 6.26 billion by 2031.

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