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Global Quality Management Software Market 2020 Technology, Share, Demand, Opportunity, Projection Analysis Forecast Outlook 2026
Covid-19 Impact on Global Quality Management Software Market - 2020-2026
Summary:
This report studies the Quality Management Software market. Quality management Software is software for quality management.
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 organization’s 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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Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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 2018, 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 2020-2026.
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Key Market Trends | Growth | Share | Sale | Revenue | Manufactures | Technology Component
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Quality Management Software market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Quality Management Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Quality Management Software market.
The following players are covered in this report:
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
Micro Focus
Unipoint Software, Inc
Ideagen Plc
Dassault Systèmes SE
Siemens AG
Quality Management Software Breakdown Data by Type
Cloud Based
Web-Based
On-Premise
Quality Management Software Breakdown Data by Application
IT and Telecom
Manufacturing
Healthcare and Life Science
Others
Table of Content: Covid-19 Impact on Global Quality Management Software Market 2026
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
…
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
16 Appendix
Continued …
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NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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