Report ID : 10347649 |
Published Date : 21 Oct 2022 |
Report Format : PDF,PPT |
Delivery Timeline :48-72 Business Hours
Global Quality Management Software Market is valued approximately at USD 8.25 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.7% over the forecast period 2021-2027. Quality Management Software is operated by the businesses to track and maintain the quality of manufactured goods and customer experiences. The global Quality Management Software market is being driven by integration of internet-of-things in the business to increase efficiency. For instance, according to International Journal of Scientific & Technology Research, Internet-of-Things adoption rate has been increased from 14% in 2017 to 18% in 2018. Furthermore, the growing prevalence of customer-centric production and marketing helps the organizations to run businesses by enabling them to meet the demands of customers. However, unstable data privacy laws in certain countries and lack of skilled human capital may impede market growth over the forecast period of 2021-2027. Also, with the rising technological advancements and the government initiatives helpin developing sustainable business strategies to reduce environment cost such as reaching the target of United Nations’ Sustainable Development Goals (SDGs) to reduce carbon emissions, the adoption & demand for Quality Management Softwareis likely to increase.
Key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of the global Quality Management Software Market. North America is the leading region across the world in terms of market share due to developed Information Technology infrastructure and favorable government regulations in the region. Whereas Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to the rising skilled labor, growing awareness about the standards & quality and developing manufacturing base for the large companies in the region.
Major market player included in this report are:
Aras Corporation
Arena Solutions Inc
Autodesk Inc
Dassault Systemes SE
Hewlett-Packard Enterprise Co.
MasterControl, Inc.
Microsoft Corporation
Oracle Corporation
Parasoft Corporation
PSC Software
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Solution:
Document Control
Complaint Handling
Change Management
Others
By Deployment:
Cloud
On-premise
By Enterprise Size:
Small & Medium Enterprise (SME)
Large Enterprise
By End-Use:
IT & Telecom
Transportation & Logistics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Quality Management Software Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
