The specification management software market is expected to grow from US$ 404.66 million in 2021 to US$ 720.92 million by 2028; it is estimated to grow at a CAGR of 8.6% during 2021-2028.
FMCG, pharmaceuticals, logistics, and manufacturing companies are scaling up their business activities to meet the growing demands, which is one of the key forces driving the adoption of advanced specification management tools. More than 75% of enterprises are planning to foster their digital transformation to recover from the business loss incurred in 2020 due to the COVID-19 pandemic. The enterprises are looking forward to adopting cost-effective solutions to accomplish their predetermined digital goals. As a result, free and cloud-based platforms for quality management, packaging, and document management are expected to gain great momentum. Specification management software allow end users to automate the management approval process, alongside maintaining complete transparency. The company offers its quick and easy-to-implement product lifecycle management software solution for enterprises in the food & beverages, personal care and cosmetics, and retail industries. Migrating specification proofing and approval to an online mode enables enterprises to have high-speed specification approvals and product launches, along with reducing internal and external costs. As a result, cloud-based specification management software is emerging as an important trend in the specification management software market.
The specification management software market is segmented on the bases of type, end-use industry, application and geography. Based on type, the market is bifurcated into cloud-based and on-premises. The cloud-based segment accounted for a larger market share in 2020. Based on end-use industry, the specification management software market is segmented into fast moving consumer goods (FMCG), pharmaceutical, and others. In 2020, the FMCG segment accounted for the substantial share of the market. Based on application, the specification management software market is segment into raw materials management, formula and ingredients management, packaging management, document management, and other applications. The packaging management segment held the largest share of the market in 2020. Based on geography, the specification management software market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for the significant share in the global market.
In Europe, the COVID-19 pandemic had varied impact on different countries, as only selective countries witnessed the rise in the number of cases and subsequently attracted strict, as well as prolonged, lockdown periods or social isolation measures. Western European countries such as Germany, France, Russia, and the UK experienced a comparatively modest decrease in their growth activities because of the robust healthcare systems in these countries. The outbreak led to the discontinuation of business operations and shuttering of several small and medium enterprises in the region. In the first 3-4 months of 2020, Europe experienced a dip in technological investments. However, the region rapidly adopted remote working culture and adopted digital platforms for effective business operations. The UK’s logistics and transportation sector is widely spread and handles significantly higher volumes of food & beverages, pharmaceuticals, and chemicals. Surge rise in the number of COVID-19 infected patients led the British government to impose lockdown measures, multiple times, to contain the spread of the virus. This triggered the adoption of specification management software to move higher volumes of pharmaceutical produce from the production units to warehouses. As Germany, Denmark, the Netherlands, Switzerland, and Italy are among the fastest-growing exporters of medicines and drugs, the use of specification management software in pharmaceuticals companies in these countries would continue to rise in the coming years.
The overall specification management software market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the specification management software market with respect to all the segments. It also provides the overview and forecast of the market based on all the segmentation provided with respect to five major regions-North America, Europe, APAC, MEA, and SAM. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process typically include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the specification management software market.
A few of the major players operating in the global specification management software market are Accompa, Inc.; Esko-Graphics BV.; Emerson Electric Co.; Lascom; Siemens AG; SAP SE; DocXellent; Isolocity; PiLog Group; QADEX; and SPECRIGHT.
FMCG, pharmaceuticals, logistics, and manufacturing companies are scaling up their business activities to meet the growing demands, which is one of the key forces driving the adoption of advanced specification management tools. More than 75% of enterprises are planning to foster their digital transformation to recover from the business loss incurred in 2020 due to the COVID-19 pandemic. The enterprises are looking forward to adopting cost-effective solutions to accomplish their predetermined digital goals. As a result, free and cloud-based platforms for quality management, packaging, and document management are expected to gain great momentum. Specification management software allow end users to automate the management approval process, alongside maintaining complete transparency. The company offers its quick and easy-to-implement product lifecycle management software solution for enterprises in the food & beverages, personal care and cosmetics, and retail industries. Migrating specification proofing and approval to an online mode enables enterprises to have high-speed specification approvals and product launches, along with reducing internal and external costs. As a result, cloud-based specification management software is emerging as an important trend in the specification management software market.
The specification management software market is segmented on the bases of type, end-use industry, application and geography. Based on type, the market is bifurcated into cloud-based and on-premises. The cloud-based segment accounted for a larger market share in 2020. Based on end-use industry, the specification management software market is segmented into fast moving consumer goods (FMCG), pharmaceutical, and others. In 2020, the FMCG segment accounted for the substantial share of the market. Based on application, the specification management software market is segment into raw materials management, formula and ingredients management, packaging management, document management, and other applications. The packaging management segment held the largest share of the market in 2020. Based on geography, the specification management software market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for the significant share in the global market.
In Europe, the COVID-19 pandemic had varied impact on different countries, as only selective countries witnessed the rise in the number of cases and subsequently attracted strict, as well as prolonged, lockdown periods or social isolation measures. Western European countries such as Germany, France, Russia, and the UK experienced a comparatively modest decrease in their growth activities because of the robust healthcare systems in these countries. The outbreak led to the discontinuation of business operations and shuttering of several small and medium enterprises in the region. In the first 3-4 months of 2020, Europe experienced a dip in technological investments. However, the region rapidly adopted remote working culture and adopted digital platforms for effective business operations. The UK’s logistics and transportation sector is widely spread and handles significantly higher volumes of food & beverages, pharmaceuticals, and chemicals. Surge rise in the number of COVID-19 infected patients led the British government to impose lockdown measures, multiple times, to contain the spread of the virus. This triggered the adoption of specification management software to move higher volumes of pharmaceutical produce from the production units to warehouses. As Germany, Denmark, the Netherlands, Switzerland, and Italy are among the fastest-growing exporters of medicines and drugs, the use of specification management software in pharmaceuticals companies in these countries would continue to rise in the coming years.
The overall specification management software market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the specification management software market with respect to all the segments. It also provides the overview and forecast of the market based on all the segmentation provided with respect to five major regions-North America, Europe, APAC, MEA, and SAM. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process typically include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the specification management software market.
A few of the major players operating in the global specification management software market are Accompa, Inc.; Esko-Graphics BV.; Emerson Electric Co.; Lascom; Siemens AG; SAP SE; DocXellent; Isolocity; PiLog Group; QADEX; and SPECRIGHT.
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Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Specification Management Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 Insights on License costs of Specification Management Software
5. Specification Management Software Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Production of Pharmaceutical Products
5.1.2 Flourishment of FMCG Sector
5.2 Market Restraint
5.2.1 Security Concerns and Cost of Integration with Other Existing Platforms
5.3 Market Opportunities
5.3.1 Growing Popularity of Cloud-Based Specification Management Platforms
5.4 Future Trends
5.4.1 Emergence of Advanced and Sophisticated Technologies
5.5 Impact Analysis of Drivers and Restraints
6. Specification Management Software Market - Global Analysis
6.1 Specification Management Software Market Global Overview
6.2 Specification Management Software Market - Global Revenue and Forecast to 2028 (USD Million)
6.3 Market Positioning - Five Key Players
6.4 Market Share Analysis
7. Specification Management Software Market Analysis - by Type
7.1 Overview
7.2 Specification Management Software Market Breakdown, by Type, 2020 and 2028
7.3 Cloud-Based
7.3.1 Overview
7.3.2 Cloud-Based: Specification Management Software Market Revenue and Forecast to 2028 (USD Million)
7.4 On-Premises
7.4.1 Overview
7.4.2 On-Premises: Specification Management Software Market Revenue and Forecast to 2028 (USD Million)
8. Specification Management Software Market Analysis - by End-Use Industry
8.1 Overview
8.2 Specification Management Software Market, by End-Use Industry (2020 and 2028)
8.3 FMCG
8.3.1 Overview
8.3.2 FMCG: Specification Management Software Market - Revenue and Forecast to 2028 (USD Million)
8.4 Pharmaceuticals
8.4.1 Overview
8.4.2 Pharmaceuticals: Specification Management Software Market - Revenue and Forecast to 2028 (USD Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Specification Management Software Market - Revenue and Forecast to 2028 (USD Million)
9. Specification Management Software Market Analysis - by Application
9.1 Overview
9.2 Specification Management Software Market, by Application (2020 and 2028)
9.3 Raw Material Management
9.3.1 Overview
9.3.2 Raw Material Management: Specification Management Software Market - Revenue and Forecast to 2028 (USD Million)
9.4 Formula and Ingredients Management
9.4.1 Overview
9.4.2 Formula and Ingredients Management: Specification Management Software Market - Revenue and Forecast to 2028 (USD Million)
9.5 Packaging Management
9.5.1 Overview
9.5.2 Packaging Management: Specification Management Software Market - Revenue and Forecast to 2028 (USD Million)
9.6 Document Management
9.6.1 Overview
9.6.2 Document Management: Specification Management Software Market - Revenue and Forecast to 2028 (USD Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Specification Management Software Market - Revenue and Forecast to 2028 (USD Million)
10. Specification Management Software Market - Geographic Analysis
10.1 Overview
10.2 North America Specification Management Software Market, Revenue and Forecast to 2028
10.2.1 Overview
10.2.2 North America Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.2.3 North America Specification Management Software Market Breakdown, By Type
10.2.4 North America Specification Management Software Market Breakdown, By End-Use Industry
10.2.5 North America Specification Management Software Market Breakdown, By Application
10.2.6 North America Specification Management Software Market Breakdown, by Country
10.2.6.1 US Specification Management Software Market, Revenue and Forecast to 2028
10.2.6.1.1 US Specification Management Software Market Breakdown, by Type
10.2.6.1.2 US Specification Management Software Market Breakdown, by End-Use Industry
10.2.6.1.3 US Specification Management Software Market Breakdown, by Application
10.2.6.2 Canada Specification Management Software Market, Revenue and Forecast to 2028
10.2.6.2.1 Canada Specification Management Software Market Breakdown, by Type
10.2.6.2.2 Canada Specification Management Software Market Breakdown, by End-Use Industry
10.2.6.2.3 Canada Specification Management Software Market Breakdown, by Application
10.2.6.3 Mexico Specification Management Software Market, Revenue and Forecast to 2028
10.2.6.3.1 Mexico Specification Management Software Market Breakdown, by Type
10.2.6.3.2 Mexico Specification Management Software Market Breakdown, by End-Use Industry
10.2.6.3.3 Mexico Specification Management Software Market Breakdown, by End-Use Industry
10.3 Europe Specification Management Software Market Revenue and Forecast To 2028
10.3.1 Overview
10.3.2 Europe Specification Management Software Market Revenue and Forecast to 2028 (USD Mn)
10.3.3 Europe Specification Management Software Market Breakdown, By Type
10.3.4 Europe Specification Management Software Market Breakdown, By End-Use Industry
10.3.5 Europe Specification Management Software Market Breakdown, By Application
10.3.6 Europe Specification Management Software Market Breakdown, by Country
10.3.6.1 UK Specification Management Software Market, Revenue and Forecast to 2028
10.3.6.1.1 UK Specification Management Software Market Breakdown, by Type
10.3.6.1.2 UK Specification Management Software Market Breakdown, by End-Use Industry
10.3.6.1.3 UK Specification Management Software Market Breakdown, by Application
10.3.6.2 Germany Specification Management Software Market, Revenue and Forecast to 2028
10.3.6.2.1 Germany Specification Management Software Market Breakdown, by Type
10.3.6.2.2 Germany Specification Management Software Market Breakdown, by End-Use Industry
10.3.6.2.3 Germany Specification Management Software Market Breakdown, by Application
10.3.6.3 France Specification Management Software Market, Revenue and Forecast to 2028
10.3.6.3.1 France Specification Management Software Market Breakdown, by Type
10.3.6.3.2 France Specification Management Software Market Breakdown, by End-Use Industry
10.3.6.3.3 France Specification Management Software Market Breakdown, by Application
10.3.6.4 Italy Specification Management Software Market, Revenue and Forecast to 2028
10.3.6.4.1 Italy Specification Management Software Market Breakdown, by Type
10.3.6.4.2 Italy Specification Management Software Market Breakdown, by End-Use Industry
10.3.6.4.3 Italy Specification Management Software Market Breakdown, by Application
10.3.6.5 Russia Specification Management Software Market, Revenue and Forecast to 2028
10.3.6.5.1 Russia Specification Management Software Market Breakdown, by Type
10.3.6.5.2 Russia Specification Management Software Market Breakdown, by End-Use Industry
10.3.6.5.3 Russia Specification Management Software Market Breakdown, by Application
10.3.6.6 Rest of Europe Specification Management Software Market, Revenue and Forecast to 2028
10.3.6.6.1 Rest of Europe Specification Management Software Market Breakdown, by Type
10.3.6.6.2 Rest of Europe Specification Management Software Market Breakdown, by End-Use Industry
10.3.6.6.3 Rest of Europe Specification Management Software Market Breakdown, by Application
10.4 APAC Specification Management Software Market, Revenue and Forecast To 2028
10.4.1 Overview
10.4.2 APAC Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.4.3 APAC Specification Management Software Market Breakdown, By Type
10.4.4 APAC Specification Management Software Market Breakdown, By End-Use Industry
10.4.5 APAC Specification Management Software Market Breakdown, By Application
10.4.6 APAC Specification Management Software Market Breakdown, by Country
10.4.6.1 China Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.4.6.1.1 China Specification Management Software Market Breakdown, by Type
10.4.6.1.2 China Specification Management Software Market Breakdown, by End-Use Industry
10.4.6.1.3 China Specification Management Software Market Breakdown, by Application
10.4.6.2 Japan Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.4.6.2.1 Japan Specification Management Software Market Breakdown, by Type
10.4.6.2.2 Japan Specification Management Software Market Breakdown, by End-Use Industry
10.4.6.2.3 Japan Specification Management Software Market Breakdown, by Application
10.4.6.3 India Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.4.6.3.1 India Specification Management Software Market Breakdown, by Type
10.4.6.3.2 India Specification Management Software Market Breakdown, by End-Use Industry
10.4.6.3.3 India Specification Management Software Market Breakdown, by Application
10.4.6.4 South Korea Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.4.6.4.1 South Korea Specification Management Software Market Breakdown, by Type
10.4.6.4.2 South Korea Specification Management Software Market Breakdown, by End-Use Industry
10.4.6.4.3 South Korea Specification Management Software Market Breakdown, by Application
10.4.6.5 Australia Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.4.6.5.1 Australia Specification Management Software Market Breakdown, by Type
10.4.6.5.2 Australia Specification Management Software Market Breakdown, by End-Use Industry
10.4.6.5.3 Australia Specification Management Software Market Breakdown, by Application
10.4.6.6 Rest of APAC Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.4.6.6.1 Rest of APAC Specification Management Software Market Breakdown, by Type
10.4.6.6.2 Rest of APAC Specification Management Software Market Breakdown, by End-Use Industry
10.4.6.6.3 Rest of APAC Specification Management Software Market Breakdown, by Application
10.5 MEA Specification Management Software Market, Revenue and Forecast To 2028
10.5.1 Overview
10.5.2 MEA Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.5.3 MEA Specification Management Software Market Breakdown, By Type
10.5.4 MEA Specification Management Software Market Breakdown, By End-Use Industry
10.5.5 MEA Specification Management Software Market Breakdown, By Application
10.5.6 MEA Specification Management Software Market Breakdown, By Country
10.5.6.1 Saudi Arabia Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.5.6.1.1 Saudi Arabia Specification Management Software Market Breakdown, by Type
10.5.6.1.2 Saudi Arabia Specification Management Software Market Breakdown, by End-Use Industry
10.5.6.1.3 Saudi Arabia Specification Management Software Market Breakdown, by Application
10.5.6.2 UAE Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.5.6.2.1 UAE Specification Management Software Market Breakdown, by Type
10.5.6.2.2 UAE Specification Management Software Market Breakdown, by End-Use Industry
10.5.6.2.3 UAE Specification Management Software Market Breakdown, by Application
10.5.6.3 South Africa Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.5.6.3.1 South Africa Specification Management Software Market Breakdown, by Type
10.5.6.3.2 South Africa Specification Management Software Market Breakdown, by End-Use Industry
10.5.6.3.3 South Africa Specification Management Software Market Breakdown, by Application
10.5.6.4 Rest of MEA Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
10.5.6.4.1 Rest of MEA Specification Management Software Market Breakdown, by Type
10.5.6.4.2 Rest of MEA Specification Management Software Market Breakdown, by End-Use Industry
10.5.6.4.3 Rest of MEA Specification Management Software Market Breakdown, by Application
10.6 South America Specification Management Software Market Revenue and Forecast To 2028
10.6.1 Overview
10.6.2 South America Specification Management Software Market Revenue and Forecast to 2028 (USD Mn)
10.6.3 South America Specification Management Software Market Breakdown, By Type
10.6.4 South America Specification Management Software Market Breakdown, By End-Use Industry
10.6.5 South America Specification Management Software Market Breakdown, By Application
10.6.6 SAM Specification Management Software Market Breakdown, by Country
10.6.6.1 Brazil Specification Management Software Market, Revenue and Forecast to 2028
10.6.6.1.1 Brazil Specification Management Software Market Breakdown, by Type
10.6.6.1.2 Brazil Specification Management Software Market Breakdown, by End-Use Industry
10.6.6.1.3 Brazil Specification Management Software Market Breakdown, by Application
10.6.6.2 Argentina Specification Management Software Market, Revenue and Forecast to 2028
10.6.6.2.1 Argentina Specification Management Software Market Breakdown, by Type
10.6.6.2.2 Argentina Specification Management Software Market Breakdown, by End-Use Industry
10.6.6.2.3 Argentina Specification Management Software Market Breakdown, by Application
10.6.6.3 Rest of SAM Specification Management Software Market, Revenue and Forecast to 2028
10.6.6.3.1 Rest of SAM Specification Management Software Market Breakdown, by Type
10.6.6.3.2 Rest of SAM Specification Management Software Market Breakdown, by End-Use Industry
10.6.6.3.3 Rest of SAM Specification Management Software Market Breakdown, by Application
11. Impact of COVID-19 Pandemic on Global Specification Management Software Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.5 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
13. Company Profiles
13.1 Accompa, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Esko-Graphics BV.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Emerson Electric Co.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Lascom
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Siemens AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 SAP SE
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 DocXellent
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Isolocity
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 PiLog Group
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 QADEX
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 SPECRIGHT
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Financial Overview
13.11.4 SWOT Analysis
13.11.5 Key Developments
14. Appendix
14.1 About The Publisher
14.2 Word Index
LList of Tables
Table 1. Specification Management Software Market – License Cost
Table 2. Specification Management Software Market – Revenue and Forecast to 2028 (USD Million)
Table 3. Global Specification Management Software Market, Revenue and Forecast to 2028, by Geography (USD Mn)
Table 4. North America Specification Management Software Market, Revenue and Forecast To 2028 – By Type (USD Mn)
Table 5. North America Specification Management Software Market, Revenue and Forecast To 2028 – By End-Use Industry (USD Mn)
Table 6. North America Specification Management Software Market, Revenue and Forecast To 2028 – By Application (USD Mn)
Table 7. North America Specification Management Software Market, Revenue and Forecast To 2028 – By Country (USD Mn)
Table 8. US Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 9. US Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 10. US Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 11. Canada Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 12. Canada Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 13. Canada Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 14. Mexico Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 15. Mexico Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 16. Mexico Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 17. Europe Specification Management Software Market, Revenue and Forecast To 2028 – By Type (USD Mn)
Table 18. Europe Specification Management Software Market, Revenue and Forecast To 2028 – By End-Use Industry (USD Mn)
Table 19. Europe Specification Management Software Market, Revenue and Forecast To 2028 – By Application (USD Mn)
Table 20. Europe Specification Management Software Market, Revenue and Forecast To 2028 – By Country (USD Mn)
Table 21. UK Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 22. UK Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 23. UK Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 24. Germany Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 25. Germany Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 26. Germany Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 27. France Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 28. France Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 29. France Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 30. Italy Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 31. Italy Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 32. Italy Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 33. Russia Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 34. Russia Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 35. Russia Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 36. Rest of Europe Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 37. Rest of Europe Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 38. Rest of Europe Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 39. APAC Specification Management Software Market, Revenue and Forecast To 2028 – By Type (USD Mn)
Table 40. APAC Specification Management Software Market, Revenue and Forecast To 2028 – By End-Use Industry (USD Mn)
Table 41. APAC Specification Management Software Market, Revenue and Forecast To 2028 – By Application (USD Mn)
Table 42. APAC Specification Management Software Market, Revenue and Forecast To 2028 – By Country (USD Mn)
Table 43. China Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 44. China Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 45. China Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 46. Japan Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 47. Japan Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 48. Japan Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 49. India Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 50. India Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 51. India Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 52. South Korea Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 53. South Korea Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 54. South Korea Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 55. Australia Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 56. Australia Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 57. Australia Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 58. Rest of APAC Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 59. Rest of APAC Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 60. Rest of APAC Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 61. MEA Specification Management Software Market, Revenue and Forecast To 2028 – By Type (USD Mn)
Table 62. MEA Specification Management Software Market, Revenue and Forecast To 2028 – By End-Use Industry (USD Mn)
Table 63. MEA Specification Management Software Market, Revenue and Forecast To 2028 – By End-Use Industry (USD Mn)
Table 64. MEA Specification Management Software Market, Revenue and Forecast to 2028 – By Country (USD Mn)
Table 65. Saudi Arabia Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 66. Saudi Arabia Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 67. Saudi Arabia Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 68. UAE Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 69. UAE Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 70. UAE Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 71. South Africa Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 72. South Africa Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 73. South Africa Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 74. Rest of MEA Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 75. Rest of MEA Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 76. Rest of MEA Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 77. South America Specification Management Software Market, Revenue and Forecast To 2028 – By Type (USD Mn)
Table 78. South America Specification Management Software Market, Revenue and Forecast To 2028 – By End-Use Industry (USD Mn)
Table 79. South America Specification Management Software Market, Revenue and Forecast To 2028 – By Application (USD Mn)
Table 80. SAM Specification Management Software Market, Revenue and Forecast To 2028 – By Country (USD Mn)
Table 81. Brazil Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 82. Brazil Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 83. Brazil Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 84. Argentina Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 85. Argentina Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 86. Argentina Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 87. Rest of SAM Specification Management Software Market, Revenue and Forecast to 2028 – By Type (USD Mn)
Table 88. Rest of SAM Specification Management Software Market, Revenue and Forecast to 2028 – By End-Use Industry (USD Mn)
Table 89. Rest of SAM Specification Management Software Market, Revenue and Forecast to 2028 – By Application (USD Mn)
Table 90. List of AbbreviationList of Figures
Figure 1. Specification Management Software Market Segmentation
Figure 2. Specification Management Software Market Segmentation – By Geography
Figure 3. Global Specification Management Software Market Overview
Figure 4. Cloud-Based Segment is Expected to Dominate the Market by Type
Figure 5. FMCG Segment held Largest Market Share in 2020
Figure 6. Packaging Management Segment held Largest Market Share in 2020
Figure 7. North America held Largest Market Share in 2020
Figure 8. North America: PEST Analysis
Figure 9. Europe: PEST Analysis
Figure 10. APAC: PEST Analysis
Figure 11. MEA: PEST Analysis
Figure 12. SAM: PEST Analysis
Figure 13. Expert Opinion
Figure 14. Global Specification Management Software Market: Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Specification Management Software Market
Figure 16. Specification Management Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 17. Market Share Analysis
Figure 18. Specification Management Software Market Revenue Share, by Type (2020 and 2028)
Figure 19. Cloud-Based: Specification Management Software Market Revenue and Forecast to 2028 (USD Million)
Figure 20. On-Premises: Specification Management Software Market Revenue and Forecast to 2028 (USD Million)
Figure 21. Specification Management Software Market Revenue Share, by End-Use Industry (2020 and 2028)
Figure 22. FMCG: Specification Management Software – Revenue and Forecast to 2028 (USD Million)
Figure 23. Pharmaceuticals: Specification Management Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 24. Others: Specification Management Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 25. Specification Management Software Market Revenue Share, by Application (2020 and 2028)
Figure 26. Raw Material Management: Specification Management Software – Revenue and Forecast to 2028 (USD Million)
Figure 27. Formula and Ingredients Management: Specification Management Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 28. Packaging Management: Specification Management Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Document Management: Specification Management Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. Others: Specification Management Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 31. Global Specification Management Software Market Breakdown, by Region, 2020 & 2028 (%)
Figure 32. North America Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
Figure 33. North America Specification Management Software Market Breakdown, By Type, 2020 & 2028 (%)
Figure 34. North America Specification Management Software Market Breakdown, By End-Use Industry, 2020 & 2028 (%)
Figure 35. North America Specification Management Software Market Breakdown, By Application, 2020 & 2028 (%)
Figure 36. North America Specification Management Software Market Breakdown, by Country, 2020 & 2028 (%)
Figure 37. US Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 38. Canada Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 39. Mexico Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 40. Europe Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 41. Europe Specification Management Software Market Breakdown, By Type, 2020 & 2028 (%)
Figure 42. Europe Specification Management Software Market Breakdown, By End-Use Industry, 2020 & 2028 (%)
Figure 43. Europe Specification Management Software Market Breakdown, By Application, 2020 & 2028 (%)
Figure 44. Europe Specification Management Software Market Breakdown, by Country, 2018 & 2027(%)
Figure 45. UK Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 46. Germany Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 47. France Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 48. Italy Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 49. Russia Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 50. Rest of Europe Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 51. APAC Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 52. APAC Specification Management Software Market Breakdown, By Type, 2020 & 2028 (%)
Figure 53. APAC Specification Management Software Market Breakdown, By End-Use Industry, 2020 & 2028 (%)
Figure 54. APAC Specification Management Software Market Breakdown, By Application, 2020 & 2028 (%)
Figure 55. APAC Specification Management Software Market Breakdown, by Country, 2020 & 2028 (%)
Figure 56. China Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 57. Japan Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 58. India Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 59. South Korea Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 60. Australia Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 61. Rest of APAC Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
Figure 62. MEA Specification Management Software Market, Revenue and Forecast to 2028 (USD Mn)
Figure 63. MEA Specification Management Software Market Breakdown, By Type, 2020 & 2028 (%)
Figure 64. MEA Specification Management Software Market Breakdown, By End-Use Industry, 2020 & 2028 (%)
Figure 65. MEA Specification Management Software Market Breakdown, By Application, 2020 & 2028 (%)
Figure 66. MEA Specification Management Software Market Breakdown, By Country, 2020 & 2028 (%)
Figure 67. Saudi Arabia Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 68. UAE Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 69. South Africa Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 70. Rest of MEA Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 71. South America Specification Management Software Market, Revenue and Forecast To 2028 (USD Mn)
Figure 72. South America Specification Management Software Market Breakdown, By Type, 2020 & 2028 (%)
Figure 73. South America Specification Management Software Market Breakdown, By End-Use Industry, 2020 & 2028 (%)
Figure 74. South America Specification Management Software Market Breakdown, By Application, 2020 & 2028 (%)
Figure 75. SAM Specification Management Software Market Breakdown, by Country, 2020 & 2028 (%)
Figure 76. Brazil Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 77. Argentina Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 78. Rest of SAM Specification Management Software Market, Revenue and Forecast, 2018–2028 (USD Mn)
Figure 79. Impact of COVID-19 Pandemic on Market in North American Countries
Figure 80. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 81. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 82. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 83. Impact of COVID-19 Pandemic in South America Country Markets
Companies Mentioned
- Accompa, Inc.
- Emerson Electric Co.
- ENSUR
- Esko
- Isolocity
- Lascom S.A.
- PiLog Group
- QADEX
- Siemens
- Specright LLC
- SAP
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 162 |
Published | August 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 404.66 Million |
Forecasted Market Value ( USD | $ 720.92 Million |
Compound Annual Growth Rate | 8.6% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |