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Inspection Management Software Market Set For Rapid Growth | Revenue Factors | Major Industry Drivers | Latest Developments | Business Size | Forecast 2022-31: Autodesk, Intelex Technologies, IQS, MasterControl
The global inspection management software market report by the business research company identifies the rising demand for inspection tasks such as scheduling, making documents and checklists, recording results, and following actions in an organization to be a major growth driver for the inspection management software market. Regardless of industry or size, inspections are essential for preserving product quality. It necessitates a lot of documentation, including checklists, recording nonconformances of defective material, and so on. For instance, in 2021, according to the report published by the KMPG fraud survey, employees were cited as the most significant single source of risk by 62% of respondents, followed by suppliers and contractors. Forensic data analytics or artificial intelligence were claimed to be used by 38% of respondents to aid in the detection of fraud and corruption. According to 51% of respondents, the new operating environment has hampered their ability to probe potential fraud or misconduct. Therefore, the rising demand for inspection tasks drives the inspection management software market.The global inspection management software market size is expected to grow from $5.56 billion in 2021 to $6.23 billion in 2022 at a compound annual growth rate (CAGR) of 12.00%. The global inspection management software market size is expected to reach $9.72 billion in 2026 at a compound annual growth rate (CAGR) of 11.74%.
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North America was the largest region in the inspection management software market in 2021. The regions covered in the global inspection management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the inspection management software market are SAP, Oracle, Siemens AG, Dassault Systemes, Ideagen Plc, Autodesk, Intelex Technologies, IQS, MasterControl, Pilgrim Quality Solutions, MetricStream Inc, Plex Systems Inc, CityReporter (Noratek Solutions), PTC, Hexagon, Wolters Kluwer, Veeva Systems, Penta Technologies and Industrial Quality Services Inc.
The global inspection management software market is segmented -
1) By Component: Solution, Services
2) By Organization Size: Large Enterprises, SMEs
3) By Deployment Mode: Cloud, On-Premise
4) By Industry: Healthcare, Pharmaceutical, Automation, Manufacturing, Retail, Information and Technology
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The Inspection management software Market Report Contents Include
1. Executive Summary
2. Inspection Management Software Market Characteristics
3. Inspection Management Software Market Trends And Strategies
4. Impact Of Covid-19 On Inspection Management Software
5. Inspection Management Software Market Size And Growth
....
26. Africa Inspection Management Software Market
27. Inspection Management Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Inspection Management Software Market
29. Inspection Management Software Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the inspection management software market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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