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Intellect's AI-Powered QMS Revolutionizing Quality Management Software Trend: A Crucial Influence on the Quality Management Software Market's Transformation in 2025
What combination of drivers is leading to accelerated growth in the quality management software market?The growing consumer awareness of product safety and quality is expected to drive the growth of the quality management software market. Consumers are increasingly aware of the safety and quality standards of products due to better information access, product recalls, and corporate transparency efforts. Quality management software plays a crucial role in ensuring regulatory compliance, enhancing communication, and supporting continuous improvement initiatives. For instance, a survey by Qualtrics found that 55% of consumers are more likely to choose brands with strong safety measures. Therefore, rising consumer awareness is driving the demand for quality management software.
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What is the projected compound annual growth rate (CAGR) of the quality management software market from 2025 to 2034, and what factors influence it?
The quality management software market is projected to grow from $11.69 billion in 2024 to $13.31 billion in 2025, at a CAGR of 13.9%. The rise is linked to the growing use of smart devices, the demand for quality management software, the on-premise deployment of software, and the increasing number of manufacturers.
The quality management software market is expected to reach $22.12 billion by 2029 at a CAGR of 13.5%. The growth is driven by demand for streamlined business processes, cloud-based quality systems, and digitalization. Trends include AI/ML integration, product innovations, and continuous development of new software features.
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How are the latest trends influencing the growth of the quality management software market?
Major companies in the quality management software market are enhancing their offerings by developing AI-powered QMS software to improve quality and efficiency. In September 2023, US-based Intellect launched AI-powered QMS software, which utilizes AI and machine learning to analyze data, improve decision-making, reduce errors, and save time, thus offering configurable features to enhance productivity and quality management initiatives.
What are the major segments of the quality management software market and their role in driving growth?
The quality management software market covered in this report is segmented -
1) By Solution: Document Control, Non-Conformances Or Corrective And Preventative, Complaint Handling, Employee Training, Audit Management, Supplier Quality Management, Calibration Management, Change Management, Other Solutions
2) By Deployment: Cloud, On-Premise
3) By Organization Size: Small And Medium Enterprise (SME), Large Enterprise
4) By End Use: Information Technology And Telecom, Transportation And Logistics, Consumer Goods And Retail, Defense And Aerospace, Manufacturing, Healthcare, Other End-Uses
Subsegments:
1) By Document Control: Document Creation And Editing, Document Distribution And Access Control, Document Archiving And Retrieval, Version Control And Audit Trails, Compliance Management, Document Approval Workflows
2) By Non-Conformances Or Corrective And Preventative Actions (Capa): Non-Conformance Tracking And Reporting, Root Cause Analysis Tools, Corrective Action Implementation, Preventive Action Planning, Capa Reporting And Analytics, Capa Workflow Automation
3) By Complaint Handling: Complaint Intake And Logging, Complaint Investigation Management, Complaint Resolution And Reporting, Customer Feedback Integration, Regulatory Reporting, Trend Analysis And Root Cause
4) By Employee Training: Training Needs Assessment, Training Content Management, Certification And Compliance Tracking, Learning Management Systems, Employee Performance Evaluation, Training Records Management
5) By Audit Management: Audit Scheduling And Planning, Audit Checklists And Templates, Audit Findings Tracking, Audit Reporting And Documentation, Internal And External Audit Management, Corrective Actions And Follow-Up
6) By Supplier Quality Management: Supplier Evaluation And Selection, Supplier Performance Monitoring, Supplier Audits And Inspections, Supplier Risk Management, Supplier Quality Reporting, Supplier Compliance Management
7) By Calibration Management: Calibration Scheduling And Tracking, Calibration Workflows And Approvals, Equipment Calibration Records, Calibration Data Logging And Reporting, Equipment Maintenance And Calibration History, Compliance With Regulatory Standards
8) By Change Management: Change Request Management, Change Impact Analysis, Change Approval And Implementation, Change Tracking And Documentation, Change Communication And Reporting, Regulatory Compliance For Changes
9) By Other Solutions - Direct Use: Risk Management And Mitigation, Regulatory Compliance Management, Quality Control And Quality Assurance, Product Lifecycle Management, Performance Monitoring And Reporting, Data Analytics And Quality Metrics Dashboards
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Which regions are key players in the growth of the quality management software market?
North America was the largest region in the quality management software market in 2024. The regions covered in the quality management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the quality management software market?
Major companies operating in the quality management software market are Microsoft Corporation, Amazon Web Services Inc., Siemens AG, Hewlett-Packard Company, Cisco Systems Inc., Oracle Corporation, Broadcom Inc., Adobe Systems Inc., ServiceNow Inc., Dassault Systemes SE, Autodesk Inc., OpenText Corporation, Citrix Systems Inc., SAP SE, Atlassian Corporation Plc, Splunk Inc., IFS AB, Zendesk Inc., Zoho Corporation, Freshworks Inc., Arena Solutions Inc., Sparta Systems Inc., Intelex Technologies Inc., MasterControl Inc., Aras Corporation
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What Is Covered In The Quality Management Software Global Market Report?
•Market Size Forecast: Examine the quality management software market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the quality management software market for a structured understanding.
•Key Players Overview: Analyze major players in the quality management software market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the quality management software market.
•Segment Contributions: Evaluate how different segments drive overall growth in the quality management software market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the quality management software market.
•Industry Challenges: Identify potential risks and obstacles affecting the quality management software market.
•Competitive Landscape: Review strategic developments in the quality management software market, including expansions, agreements, and new product launches.
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