Global Quality Management Software Market Expected To Reach XX Million By 2025
According to a new report published by Reports Monitor titled, “ Global Quality Management Software Market, Growth Opportunities, Innovations and Forecast, 2018-2025,” the Quality Management Software market was valued at XX million in 2018, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Quality Management Software is increasing operational efficiency in business. It is an innovative and powerful tool which improves quality and makes its management easier abiding by certain regulatory and industry standards.
Owing to its diverse functionalities such as audit management, quality control, compliance management, risk management, defect tracking, document control, nonconformance tracking and more, the demand for such systems is increasing, fuelling market growth. AssurX is QMS software which offers such functionalities along with features like incident management, knowledge management and more. Quality management software is reliable, flexible, cost-effective and consistent technology, making it highly recognized. The adoption of cloud based technologies and QMS systems are increasing demand for quality management software. Factors such as data integrity and security and high initial cost due to cloud based systems may hamper market growth.
The Quality Management Software market research report provides key insights on the growth opportunities of this market based on regions, applications and upcoming technologies. It includes detailed analysis of the current market situations such as market size, upcoming developments and investments. Major advancements and key strategies of major companies such as mergers and acquisitions, value chain analysis and swot analysis have also been included in this report. The report has been composed by carrying out in-depth analysis of both primary and secondary data sources.
The global quality management software market is divided into segments deployment mode, solution type and applications. On the basis of solution the market is segmented into complaint handling, audit management and assessment, quality management, employee training, document control, prevention and fault management and others. On the basis of deployment method the market is divided into two types cloud based and on-premise. Government, retail and manufacturing, transportation, IT, defense and aerospace, healthcare, automotive and others are applications analyzed over the market. The healthcare sector is expected to grow as a result of the increasing regulations and norms.
North America is rising in the quality management software market owing to factors such as increase adoption of QMS systems and cloud based technologies. The quality management software is analyzed across regions North America, Europe, Asia Pacific (APAC) and Latin America, Middle East and Africa (LAMEA).
The key players in this market are: Arena Solutions, PSC Biotech Corporation, International Business Machines Corporation, Microsoft Corporation, Master Control Inc., Sparta Systems, Assurx Inc., Intelex Technologies, MetricStream Inc., Siemens AG, Dassault Systemes, Oracle Corporation, Parasoft Corporation, Hewlett-Packard Enterprise, Autodesk Inc., SAP SE and Aras Corporation.
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.