Future of the Global Quality Management Software Market: Trends, Innovations, and Key Forecasts Through 2034

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What Will the Quality Management Software Industry Market Size Be by 2025?
In the past few years, there's been a quick expansion in the size of the quality management software market. Projected to increase from $11.69 billion in 2024 to $13.26 billion in 2025, this implies a compound annual growth rate (CAGR) of 13.4%. Factors contributing to this growth during the historic period include the growing prevalence of smart devices, increasing demand in the quality management software industry, on-premise deployment of said software, heightened awareness among manufacturers, and a rise in the number of enterprises.

What's the Long-Term Growth Forecast for the Quality Management Software Market Size Through 2029?
In the coming years, the quality management software market size is projected to undergo swift expansion, ultimately reaching $21.24 billion in 2029 with a compound annual growth rate (CAGR) of 12.5%. This growth throughout the predicted period is primarily due to the escalating demand for business process centralization and streamlining, the rising significance of quality assurance, the rapid increase in digitalization, cloud-based digital quality management systems, and the growing need for regulatory compliance. Major developments expected within the forecast period include improved capabilities of quality management software, AI and ML technology integration, the launching of innovative products, and the software's continuous development of new features.

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What Are the Key Growth Drivers Fueling the Quality Management Software Market Expansion?
The anticipated growth of the quality management software market is linked to the rising consciousness among consumers about product safety and quality. This awareness is a reflection of increasing understanding among customers about the safety parameters and quality standards of their purchased products. This growth in consumer consciousness is attributed to the easy access to information, significant product recalls, activities of consumer advocacy groups, and initiatives promoting corporate transparency. Quality management software plays a crucial role in nurturing this consumer consciousness by ensuring adherence to regulations, fostering transparency, responding quickly to quality matters, endorsing continuous improvement schemes, and improving communication with consumers. For example, a survey by Qualtrics, a US-based cloud-based survey platform, with 2,000 U.S. consumers revealed that approximately 64% of consumers are inclined to pick a brand based on its treatment of employees during the pandemic, while 55% are likely to choose a brand that has enforced strong safety norms. As a result, the escalating consumer awareness about product safety and quality propels growth in the quality management software market.

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What Are the Key Trends Driving Quality Management Software Market Growth?
Leading corporations in the realm of quality management software are leveraging the development of innovative software, such as AI-enabled QMS software, to stand out from the crowd. The AI-assisted QMS integrates artificial intelligence and machine learning techniques to bolster quality management operations. These system's ability to process vast datasets, discern patterns, and formulate data-based suggestions aids in enhancing quality and productivity. For example, Intellect, an American tech firm, launched its AI-powered QMS software, highlighting its contribution to improving quality, safety, error reduction, and decision-making processes in September 2023. This AI-inclusive QMS software, known for its high level of customizability, bolsters efficiency, quality, and productivity in quality management efforts, boasting functionalities such as preparations for audits, risk evaluations, automation, valuable insights, and time-saving potentials.

How Is the Quality Management Software Market Segmented?
The quality management softwaremarket 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 Companies Are Leading the Charge in Quality Management Software Market Innovation?
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

Which Regions Are Leading the Global Quality Management Software Market in Revenue?
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.

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