Press release
Quality Management Software Market- Rising Focus On The Standards And Regulations Compliance Will Fuel The Growth Of This Market
The global quality management software sales are a software solution used for the improvement of the efficiency of quality assurance process as well as operational visibility in the product and service driven organizations. The quality management software offers varied functions that include calibration, complaint handling, document control, nonconformance and change management, among others. Thus, this software makes itself an essential function for an organization’s overall quality control. The increased functions of this software enables the organizations to maintain production schedules, manage their workload, minimize overtime costs, and maintain the standards’ compliance. This software is being widely used in the manufacturing and transportation, IT and telecom, and logistics industries.
Market Segments:
The global quality management software sales market can be classified based on solution, deployment type, organization size, application, and region.
• On the basis of application, the global market is classified into calibrating management, complaint handling, employee training, supplier quality management, audit management, change management, non-conformances/corrective & preventative, and others.
• Depending upon organization size, it is segmented into small enterprise, medium enterprise and large enterprise.
• Basd upon deployment, the global market is divided into on-premise and cloud-based.
• As per solution, the global quality management software sales market is divided into relays, circuit breakers, and others.
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The global quality management software sales market is expected to garner maximum revenue in the forecast period. Factors such as globalization of marketplaces as well as rising focus on the standards’ and regulations’ compliance will fuel the growth of this market. Also, the rising concentration of organizations on meeting customer demands and augmenting the business efficacy is positively affecting the quality management market. There is an increased demand for quality management software owing to the rising organizational complexity, availability of various product lines, and diversified operations.
Key Players:
The major companies that provide quality management software sales include:
• SAP SE
• Microsoft Corporation
• Siemens AG
• Arena Solutions Inc.
• Sparta Systems, Inc.
• Autodesk Inc.
• Dassault Systemes SE
• MasterControl, Inc.
• PSC Biotech Corp.
• Aras Corporation
• Oracle Corporation
• Parasoft Corporation
• Hewlett-Packard Enterprise Co
Regional Analysis
Based on regions, the global quality management software sales market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the quality management software sales market during the forecast period. The Asia-Pacific region is expected to witness the swiftest growth in the quality management software sales market. Factors such as rising awareness about the standards compliance as well as easy availability of this software will propel the growth of quality management software sales market in this region.
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