Quality Management Software Market : Popular Trends & Technological advancements to Watch Out for Near Future; IQS, MasterControl, EtQ, Intelex Technologies

Qyresearchreports include new market research report “Global Quality Management Software Market Size,Status and Forecast 2025” to its huge collection of research reports.

Quality management ensures that an organization, product or service is consistent. It has four main components: quality planning, quality assurance, quality control and quality improvement. Quality management is focused not only on product and service quality, but also on the means to achieve it. Quality management, therefore, uses quality assurance and control of processes as well as products to achieve more consistent quality.
Quality management software (QMS) solutions available in the market today provide a host of functionalities, including nonconformance, complaint handling, document control, calibration, and change management, among others, making it an essential tool for an organizations overall quality control. Industries such as manufacturing, Healthcare & life sciences, and IT & telecom are adopting QMS solutions at a rapid rate. Other end-use industries include Automotive, Defense & Aerospace, Retail Industry and etc.
The North American region dominated the QMS market with about 44.53% market share in 2017, owing to the large-scale adoption of safety and compliance standards in the healthcare industry and a steep rise in the adoption of ISO 9000 principles seen in recent years. The Asia Pacific region is anticipated to experience a surge in the demand for quality management software over the forecast period and is expected to grow at a CAGR of 16.75% over the next eight years. The European regional market is in the maturity stage and is projected to lose share over the next eight years.

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Autodesk Inc., MasterControl, Inc., Oracle, Siemens, and SAP SE are some of the major market players in this domain. Other key vendors include Dassault Systemes SE, Aras Corporation, Arena Solutions Inc., Parasoft Corporation and Hewlett-Packard Enterprise Co. The presence of a large number of solution providers in the market is expected to create intense competition among players. In order to maintain their position in the market, companies are launching products with additional functionalities, advanced features, and cross platform integration. In addition, product differentiation and upgrades are anticipated to pave the way for competitive advantage for companies in the market.
In 2017, the global Quality Management Software market size was 6200 million US$ and it is expected to reach 17200 million US$ by the end of 2025, with a CAGR of 13.6% during 2018-2025.

This compilation presents all the critical elements related to the Quality Management Software market which forms an informative write-up about the market’s scope and future expectations. Going through this report can also help newer market players get a better idea about the strategies they need to carry out, in order to maximize the sales.

The report also encompasses factors such as financial scenario of various countries and their different socio-economic conditionsin detail. These are provided the form of a foreword to businesses, so that they understand how to proceed while staking their claim as major players in the Quality Management Software market.

This report focuses on the global top players, covered
IQS, Inc
MasterControl, Inc
EtQ
Intelex Technologies
Pilgrim Quality Solutions
MetricStream Inc
Sparta Systems, Inc
SAP SE
Arena Solutions Inc
Autodesk Inc.
Oracle
Aras
AssurX, Inc
Plex Systems, Inc
IQMS, Inc
Unipoint Software, Inc

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Key Stakeholders
Quality Management Software Manufacturers
Quality Management Software Distributors/Traders/Wholesalers
Quality Management Software Subcomponent Manufacturers
Industry Association
Downstream Vendors

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