1. What is the projected Compound Annual Growth Rate (CAGR) of the Proposal Management Software Market?
The projected CAGR is approximately 12.2%.
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Proposal Management Software Market by Deployment (Cloud, On-premises), by Enterprise Type (Small, Mid-sized Enterprises (SMEs), by Industry (BFSI, IT & Telecom, Retail, E-commerce, Healthcare, Government, Manufacturing, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
Key Insights
The size of the Proposal Management Software Market was valued at USD 2.33 USD billion in 2023 and is projected to reach USD 5.22 USD billion by 2032, with an expected CAGR of 12.2% during the forecast period. Proposal management software is a type of tool designed to streamline the process of creating, managing, and submitting business proposals. It helps organizations automate and optimize the creation, collaboration, approval, and tracking of proposals. This software often includes features like document templates, version control, team collaboration, proposal analytics, and compliance checks to ensure proposals meet required standards and deadlines. Proposal management software is especially useful for sales teams, business development professionals, and anyone involved in bidding or tendering processes. It reduces administrative overhead, enhances proposal quality, and improves the efficiency of closing deals. This growth is primarily driven by the increasing need to streamline proposal creation and management processes, facilitate seamless collaboration, and enhance proposal accuracy and quality. Furthermore, the adoption of cloud-based software and mobile technologies enables remote work and real-time updates, further contributing to market expansion.
Proposal Management Software Market Trends
Driving Forces: What's Propelling the Proposal Management Software Market
Challenges and Restraints in Proposal Management Software Market
Key Region or Country & Segment to Dominate the Market
Growth Catalysts in Proposal Management Software Industry
Market Segmentation: Proposal Management Software Analysis
Leading Players in the Proposal Management Software Market
Significant Developments in Proposal Management Software Sector
Comprehensive Coverage Proposal Management Software Market Report
This comprehensive market research report [nofollow] offers insightful analysis of the Proposal Management Software Market, providing:
Regional Insight
Recent Mergers & Acquision
Regulation
Patent Analysis
Analyst Comment
Analysts believe that the Proposal Management Software Market holds significant growth potential due to the increasing need for efficient, collaborative, and data-driven proposal creation and management processes.
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 12.2% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 12.2%.
Key companies in the market include QorusDocs Ltd. (U.S.), Xait (Norway), Conga Inc. (U.S.), Icertis Solutions Pvt. Ltd. (U.S.), Deltek Inc. (U.S.), GetAccept Inc. (U.S.), Sofon B.V. (Netherlands), Nusii Proposal S.L. (Spain), PandaDoc Inc. (Poland), Salesforce, Inc. (U.S.), QorusDocs Ltd. (U.S.), Xait (Norway), Conga Inc. (U.S.), Icertis Solutions Pvt. Ltd. (U.S.), Deltek Inc. (U.S.), GetAccept Inc. (U.S.), Sofon B.V. (Netherlands), Nusii Proposal S.L. (Spain), PandaDoc Inc. (Poland), Salesforce, Inc. (U.S.).
The market segments include Deployment, Enterprise Type, Industry.
The market size is estimated to be USD 2.33 USD billion as of 2022.
Increasing Need for Customization in Proposals to Fuel Market Expansion.
Growing Implementation of Touch-based and Voice-based Infotainment Systems to Increase Adoption of Intelligent Cars.
Cybersecurity Risks & Integration Capabilities Associated with Cloud-based Proposal Management Software To Impede Market Progress.
September 2023 – Icertis launched Icertis GovCon, an AI-driven contract intelligence solution designed for enterprises serving the U.S. Federal Government. Icertis GovGon helps business development teams develop more efficient capture plans, monitor opportunity pipelines, and create proposals that improve contract win rates with a standardized platform and up-to-date dashboards.
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.
The market size is provided in terms of value, measured in USD billion and volume, measured in K Units.
Yes, the market keyword associated with the report is "Proposal Management Software Market," which aids in identifying and referencing the specific market segment covered.
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
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