Tuesday, March 12, 2019

Quality Management Software Market by Type - 2024 | MarketResearchNest.com


MarketResearchNest.com adds “Global Quality Management Software Market 2019 by Company, Regions, Type and Application, Forecast to 2024”new report to its research database.
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.
Scope of the Report:
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 and life sciences, and IT and telecom are adopting QMS solutions at a rapid rate. Other end-use industries include Automotive, Defense and 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.
Autodesk Inc., Master Control, 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.
The global Quality Management Software market is valued at 6200 million USD in 2018 and is expected to reach 14500 million USD by the end of 2024, growing at a CAGR of 15.2% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Quality Management Software.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Quality Management Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Quality Management Software market by product type and applications/end industries.
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Market Segment by Companies, this report covers
·         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
·         Unipoint Software, Inc
·         Ideagen Plc
·         Dassault Systmes SE
·         Siemens AG
·         Micro Focus
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Market Segment by Type, covers
·         On Premise
·         Cloud-Based
Market Segment by Applications, can be divided into
·         IT and Telecom
·         Manufacturing
·         Healthcare and Life Science
·         Other
Market Segment by Regions, regional analysis covers
·         North America (United States, Canada and Mexico)
·         Europe (Germany, France, UK, Russia and Italy)
·         Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
·         South America (Brazil, Argentina, Colombia etc.)
·         Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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