Quality Management Software Market By Solution Type (Audit Management, Document Management, Supply Quality Management, Education & Training, Compliance Management, Corrective And Preventive Action And Others ), By Deployment Model (On-Premise, Hosted, Managed Services), By Industry Vertical (It & Telecom, Government, Power & Utilities, Aerospace, Healthcare, Manufacturing, Transportation, Consumer Goods, Oil & Gas) - Growth, Future Prospects And Competitive Analysis 2015 – 2025

Quality management system refer to set of software comprising various solutions for audit management, document handling, training and other quality processes. The principal aim behind deploying quality management software is to ensure all the business process are carried without errors thereby obtaining quality output. Quality management software is designed for implementation across the entire value chain of the organization to ensure the end product is up to the mark and complies with regulations and quality standards. Quality management software is among the integral components for manufacturing and healthcare industry verticals. The market is primarily driven by their superior benefits over conventional manual process management. Rapidly growing competition across different industry verticals has forced the companies to adopt viable quality management solutions so as to ensure superior value of their final output.

Another major factor fueling the market growth is the consistently rising number of regulations across different industry verticals. Complying with the standards and regulations is one of the major concerns for organizations operating in manufacturing and healthcare sector. Using quality management solutions help organizations feasibly comply with standards and regulations thereby sustaining in the ever-increasing industry competition. Nevertheless, major challenge for the market is high initial costs for deploying quality management software. Many organizations across the world are still hesitant towards deploying quality management software majorly due to their high initial costs. However, due to advent of cloud-based and on-demand solutions, the impact is estimated to subside in the coming years.

Quality Management Software Market

The report titled “Global Quality Management Software Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global quality management software market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on solution type, deployment model, application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading quality management software vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Pilgrim Quality Solutions, Inc., Sparta Systems, Inc., IQS, Inc., MasterControl, Inc., MetricStream, Inc., SAP SE, Plex Systems, Inc., Arena Solutions, Inc., Intelex Technologies, Inc., QUMAS, General Electric Company, IQMS, Inc., AssurX, Inc. and others. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the quality management software industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global quality management software market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Based on the application, the global quality management software market is segmented into following categories:

  • On-premise QMS
  • Hosted QMS
  • Managed QMS

Quality Management Software Market

The global quality management software market is dominated by the consumer on-premise QMS segment, as of 2016. The segment contributed to nearly sixty percent of the overall market revenue generated worldwide. The on-premise QMS comprises hardware equipment such as servers, computer system and other related equipment. Subsequently, the overall cost of the system becomes exceptionally high as compared to the hosted or managed solutions. Most of the companies prefer on-premise solutions so as to ensure the safety of their data. As a result, the segment would continue dominate the market throughout the forecast period.

However, with the growing focus on the companies towards reducing their overheads, hosted and managed services segments are set to exhibit the highest growth during the forecast period. Increasing shift towards cloud-based solutions has ensured emergence of rugged security solutions. This would elevate the confidence in cloud-based QMS solutions thereby driving the segment growth.

Based on the geography, the global quality management software market is segmented as per following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East & Africa (MEA)
    • Latin America

Quality Management Software Market

As of 2016, the overall quality management software market worldwide is collectively led by the North America and Europe regions. The two regions collectively contribute to more than sixty percent of the total revenue generated globally. The regions have relatively stricter environment towards quality and compliance management across different industry verticals. In addition, presence of large number of market players has ensured substantial penetration of quality management and related solutions in the regions.

In the coming years, Asia Pacific is poised to emerge as the most lucrative market for quality management solutions. The region is home to huge manufacturing industry with continual advancements in the sector. Increasing competition in the region has forced the companies to adopt viable solutions in order to maintain superior quality of their products and processes.

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Published Date:  May 2016
Category:  Technology & Media
Report ID:   58049
Report Format:   PDF
Pages:   120
Rating:    4.2 (50)
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