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 companies to adopt viable quality management solutions so as to ensure the 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 the 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 the advent of cloud-based and on-demand solutions, the impact is estimated to subside in the coming years.
The report offers strategic insights into the global quality management software market along with the market size and estimates for the duration 2020 to 2030. 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 2021 & 2030. 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:
The global quality management software market is dominated by the consumer on-premise QMS segment, as of 2020. 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 systems, and other related equipment. Subsequently, the overall cost of the system becomes exceptionally high as compared to the hosted or managed solutions. Most of 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.
As of 2020, 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.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
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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 the 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 the advent of cloud-based and on-demand solutions, the impact is estimated to subside in the coming years.
The report offers strategic insights into the global quality management software market along with the market size and estimates for the duration 2020 to 2030. 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 2021 & 2030. 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 (2020-2021)
- SRC (Segment-Region-Country) Analysis
The global quality management software market is dominated by the consumer on-premise QMS segment, as of 2020. 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 systems, and other related equipment. Subsequently, the overall cost of the system becomes exceptionally high as compared to the hosted or managed solutions. Most of 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.
As of 2020, 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.
Historical & Forecast Period
This report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Quality Management Software market are as follows:- Research and development budgets of manufacturers and government spending.
- Revenues of key companies in the market segment.
- Number of end users and consumption volume, price and value.
- Geographical revenues generated by countries considered in the report.
- Micro and macro environment factors that are currently influencing the Quality Management Software market and their expected impact during the forecast period.
- The market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Solution Type
- Market Analysis
- Audit Management
- Document Management
- Supply Quality Management
- Education & Training
- Compliance Management
- Corrective and Preventive Action (CAPA)
- Customer Management
- Complaint Management
- Environmental Health & Safety (EH&S)
- Others
Deployment Model
- Market Analysis
- On-premise
- Hosted
- Managed Services
Industry Vertical
- Market Analysis
- IT & Telecom
- Government
- Power & Utilities
- Aerospace
- Healthcare
- Manufacturing
- Transportation
- Consumer Goods
- Oil & Gas
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Quality Management Software market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Quality Management Software market?
- Which is the largest regional market for Quality Management Software market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Quality Management Software market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Quality Management Software market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Quality Management Software Market
2.2. Global Quality Management Software Market, by Solution Type, 2021 (US$ Million)
2.3. Global Quality Management Software Market, by Deployment Model, 2021 (US$ Million)
2.4. Global Quality Management Software Market, by Industry Vertical, 2021 (US$ Million)
2.5. Global Quality Management Software Market, by Geography, 2021 (US$ Million)
2.6. Impact of COVID-19
2.7. Attractive Investment Proposition by Geography, 2021
2.8. Competitive Analysis
2.8.1. Market Positioning of Key Quality Management Software Market Vendors
2.8.2. Strategies Adopted by Quality Management Software Market Vendors
2.8.3. Key Industry Strategies
3. Quality Management Software Market: Business Outlook & Market Dynamics
3.1. Introduction
3.2. Global Quality Management Software Market Value, 2020-2030, (US$ Million)
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Key Challenges
3.3.4. Key Opportunities
3.4. Impact Analysis of Drivers and Restraints
3.5. See-Saw Analysis
3.6. Porter’s Five Force Model
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Threat of Substitutes
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Technology Landscape
3.7.4. Legal Landscape
3.7.5. Social Landscape
4. Quality Management Software Market: by Solution Type, 2020-2030, USD (Million)
4.1. Market Overview
4.2. Growth & Revenue Analysis: 2021 Versus 2030
4.3. Market Segmentation
4.3.1. Market Analysis
4.3.2. Audit Management
4.3.3. Document Management
4.3.4. Supply Quality Management
4.3.5. Education & Training
4.3.6. Compliance Management
4.3.7. Corrective and Preventive Action (CAPA)
4.3.8. Customer Management
4.3.9. Complaint Management
4.3.10. Environmental Health & Safety (EH&S)
4.3.11. Others
5. Quality Management Software Market: by Deployment Model, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Market Analysis
5.3.2. On-premise
5.3.3. Hosted
5.3.4. Managed Services
6. Quality Management Software Market: by Industry Vertical, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Market Analysis
6.3.2. IT & Telecom
6.3.3. Government
6.3.4. Power & Utilities
6.3.5. Aerospace
6.3.6. Healthcare
6.3.7. Manufacturing
6.3.8. Transportation
6.3.9. Consumer Goods
6.3.10. Oil & Gas
7. North America Quality Management Software Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Quality Management Software Market: by Solution Type, 2020-2030, USD (Million)
7.3. Quality Management Software Market: by Deployment Model, 2020-2030, USD (Million)
7.4. Quality Management Software Market: by Industry Vertical, 2020-2030, USD (Million)
7.5. Quality Management Software Market: by Region, 2020-2030, USD (Million)
7.5.1. North America
7.5.1.1. U.S.
7.5.1.2. Canada
7.5.1.3. Rest of North America
8. UK and European Union Quality Management Software Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Quality Management Software Market: by Solution Type, 2020-2030, USD (Million)
8.3. Quality Management Software Market: by Deployment Model, 2020-2030, USD (Million)
8.4. Quality Management Software Market: by Industry Vertical, 2020-2030, USD (Million)
8.5. Quality Management Software Market: by Region, 2020-2030, USD (Million)
8.5.1. UK and European Union
8.5.1.1. UK
8.5.1.2. Germany
8.5.1.3. Spain
8.5.1.4. Italy
8.5.1.5. France
8.5.1.6. Rest of Europe
9. Asia Pacific Quality Management Software Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Quality Management Software Market: by Solution Type, 2020-2030, USD (Million)
9.3. Quality Management Software Market: by Deployment Model, 2020-2030, USD (Million)
9.4. Quality Management Software Market: by Industry Vertical, 2020-2030, USD (Million)
9.5. Quality Management Software Market: by Region, 2020-2030, USD (Million)
9.5.1. Asia Pacific
9.5.1.1. China
9.5.1.2. Japan
9.5.1.3. India
9.5.1.4. Australia
9.5.1.5. South Korea
9.5.1.6. Rest of Asia Pacific
10. Latin America Quality Management Software Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Quality Management Software Market: by Solution Type, 2020-2030, USD (Million)
10.3. Quality Management Software Market: by Deployment Model, 2020-2030, USD (Million)
10.4. Quality Management Software Market: by Industry Vertical, 2020-2030, USD (Million)
10.5. Quality Management Software Market: by Region, 2020-2030, USD (Million)
10.5.1. Latin America
10.5.1.1. Brazil
10.5.1.2. Mexico
10.5.1.3. Rest of Latin America
11. Middle East and Africa Quality Management Software Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Quality Management Software Market: by Solution Type, 2020-2030, USD (Million)
11.3. Quality Management Software Market: by Deployment Model, 2020-2030, USD (Million)
11.4. Quality Management Software Market: by Industry Vertical, 2020-2030, USD (Million)
11.5. Quality Management Software Market: by Region, 2020-2030, USD (Million)
11.5.1. Middle East and Africa
11.5.1.1. GCC
11.5.1.2. Africa
11.5.1.3. Rest of Middle East and Africa
12. Company Profiles
12.1. Pilgrim Quality Solutions, Inc.
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Sparta Systems, Inc.
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. IQS, Inc.
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. MasterControl, Inc.
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. MetricStream, Inc.
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. SAP SE
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Plex Systems, Inc.
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Arena Solutions, Inc.
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Intelex Technologies, Inc.
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. QUMAS
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. General Electric Company
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives
12.12. IQMS, Inc.
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Portfolio
12.12.4. Strategic Initiatives
12.13. AssurX, Inc.
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Portfolio
12.13.4. Strategic Initiatives
12.14. uniPoint Software, Inc.
12.14.1. Company Overview
12.14.2. Financial Performance
12.14.3. Product Portfolio
12.14.4. Strategic Initiatives
12.15. Ideagen Plc.
12.15.1. Company Overview
12.15.2. Financial Performance
12.15.3. Product Portfolio
12.15.4. Strategic Initiatives
12.16. Autodesk, Inc.
12.16.1. Company Overview
12.16.2. Financial Performance
12.16.3. Product Portfolio
12.16.4. Strategic InitiativesList of Figures
Figure 1. Global Quality Management Software Market: Market Coverage
Figure 2. Research Methodology and Data Sources
Figure 3. Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4. Global Quality Management Software Market: Quality Assurance
Figure 5. Global Quality Management Software Market, By Solution Type, 2021
Figure 6. Global Quality Management Software Market, By Deployment Model, 2021
Figure 7. Global Quality Management Software Market, By Industry Vertical, 2021
Figure 8. Global Quality Management Software Market, By Geography, 2021
Figure 9. Global Quality Management Software Market, By Solution Type, 2021 vs 2030, %
Figure 10. Global Quality Management Software Market, By Deployment Model, 2021 vs 2030, %
Figure 11. Global Quality Management Software Market, By Industry Vertical, 2021 vs 2030, %
Figure 12. U.S. Quality Management Software Market (US$ Million), 2020-2030
Figure 13. Canada Quality Management Software Market (US$ Million), 2020-2030
Figure 14. Rest of North America Quality Management Software Market (US$ Million), 2020-2030
Figure 15. UK Quality Management Software Market (US$ Million), 2020-2030
Figure 16. Germany Quality Management Software Market (US$ Million), 2020-2030
Figure 17. Spain Quality Management Software Market (US$ Million), 2020-2030
Figure 18. Italy Quality Management Software Market (US$ Million), 2020-2030
Figure 19. France Quality Management Software Market (US$ Million), 2020-2030
Figure 20. Rest of Europe Quality Management Software Market (US$ Million), 2020-2030
Figure 21. China Quality Management Software Market (US$ Million), 2020-2030
Figure 22. Japan Quality Management Software Market (US$ Million), 2020-2030
Figure 23. India Quality Management Software Market (US$ Million), 2020-2030
Figure 24. Australia Quality Management Software Market (US$ Million), 2020-2030
Figure 25. South Korea Quality Management Software Market (US$ Million), 2020-2030
Figure 26. Rest of Asia Quality Management Software Market (US$ Million), 2020-2030
Figure 27. Brazil Quality Management Software Market (US$ Million), 2020-2030
Figure 28. Mexico Quality Management Software Market (US$ Million), 2020-2030
Figure 29. Rest of Latin America Quality Management Software Market (US$ Million), 2020-2030
Figure 30. GCC Quality Management Software Market (US$ Million), 2020-2030
Figure 31. Africa Quality Management Software Market (US$ Million), 2020-2030
Figure 32. Rest of Middle East and Africa Quality Management Software Market (US$ Million), 2020-2030List of Tables
Table 1 Global Quality Management Software Market by Solution Type, 2020-2030, USD (Million)
Table 2 Global Quality Management Software Market by Deployment Model, 2020-2030, USD (Million)
Table 3 Global Quality Management Software Market by Industry Vertical, 2020-2030, USD (Million)
Table 4 North America Quality Management Software Market by Solution Type, 2020-2030, USD (Million)
Table 5 North America Quality Management Software Market by Deployment Model, 2020-2030, USD (Million)
Table 6 North America Quality Management Software Market by Industry Vertical, 2020-2030, USD (Million)
Table 7 UK and European Union Quality Management Software Market by Solution Type, 2020-2030, USD (Million)
Table 8 UK and European Union Quality Management Software Market by Deployment Model, 2020-2030, USD (Million)
Table 9 UK and European Union Quality Management Software Market by Industry Vertical, 2020-2030, USD (Million)
Table 10 Asia Pacific Quality Management Software Market by Solution Type, 2020-2030, USD (Million)
Table 11 Asia Pacific Quality Management Software Market by Deployment Model, 2020-2030, USD (Million)
Table 12 Asia Pacific Quality Management Software Market by Industry Vertical, 2020-2030, USD (Million)
Table 13 Latin America Quality Management Software Market by Solution Type, 2020-2030, USD (Million)
Table 14 Latin America Quality Management Software Market by Deployment Model, 2020-2030, USD (Million)
Table 15 Latin America Quality Management Software Market by Industry Vertical, 2020-2030, USD (Million)
Table 16 Middle East and Africa Quality Management Software Market by Solution Type, 2020-2030, USD (Million)
Table 17 Middle East and Africa Quality Management Software Market by Deployment Model, 2020-2030, USD (Million)
Table 18 Middle East and Africa Quality Management Software Market by Industry Vertical, 2020-2030, USD (Million)
Companies Mentioned
- Pilgrim Quality Solutions Ltd.
- Sparta Systems Ltd.
- IQS Ltd.
- MasterControl Ltd.
- MetricStream Ltd.
- SAP SE
- Plex Systems Ltd.
- Arena Solutions Ltd.
- Intelex Technologies Ltd.
- QUMAS
- General Electric Company
- IQMS Ltd.
- AssurX Ltd.
- uniPoint Software Ltd.
- Ideagen PLC
- Autodesk Ltd.
