Quality Management Software Market to Reach $15.48 Billion By 2026


Priyankauke1988

Uploaded on Dec 8, 2020

Category Automotive

QMS is used to replace the paper based systems with automated quality management systems that follows stringent regulations and quality standards. This improves the product quality, increase the efficiency and satisfy the customer demands. QMS is anticipated to witness a remarkable growth owing to the standards and regulations compliance.

Category Automotive

Comments

                     

Quality Management Software Market to Reach $15.48 Billion By 2026

Quality Management Software Market Set to Exceed $15.48 Billion By 2026 | CAGR: 9.7% “Quality Management Software (QMS) Market [By Solution Type (Complaint Handling, Audit Management, Change Management, Non-conformance/corrective & preventive, Document Control, Others); By Deployment Type (On premise, Cloud); By Company Size (Small and Medium Enterprises, Large Enterprises) By Application Type (IT & Telecom, Healthcare, Transportation & Logistics, Consumer goods & Retail, Defense & Aerospace, Manufacturing) By Region] Market size & Forecast, 2017 – 2026” Quality Management Software Market Estimate & Forecast to 2026 According to a new report on Quality Management Software (QMS) Market published by Polaris Market Research, the global market is anticipated to reach 15.48 USD billion by 2026 with a CAGR of 9.7% during the forecast period. QMS is used to replace the paper based systems with automated quality management systems that follows stringent regulations and quality standards. This improves the product quality, increase the efficiency and satisfy the customer demands. QMS is anticipated to witness a remarkable growth owing to the standards and regulations compliance. The key factor that boosts QMS market is the solutions and systems used to ensure the high quality products and processes. Owing to the strict regulations, embedded business models and complex procedures, in the manufacturing, transportation & logistics sector, the implementation of QMS has increased. These regulatory implications are another major driving factor for the market. The demand for QMS is driven by the consumer goods & retail segment which facilitates the user by delivering high quality products at a cheap price which meets the customer satisfaction. Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 2 Quality Management Software Market Scope By Solution Type By Deployment Type By Company Size by Application Type By Region Report Attributes  Complaint Handling  On-Premise  Small and Medium  IT & Telecom  North America  Historic year: 2015-  Audit Management  Cloud Based Enterprises  Healthcare  Europe 2016  Change Management  Large Enterprises  Transportation &  Asia Pacific  Base year: 2017  Document Control Logistics  Latin America Middle  Forecast Year: 2017- Solution  Consumer goods & East & Africa 2026  Others Retails  Revenue ((USD Billion)  Defense & Aerospace  Manufacturing  Others Request for sample Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 3 Quality Management Software Market Estimate & Forecast to 2026 QMS offers different solutions which include complaint handling, audit management, change management, as well as document control. The factor that trigger the growth of QMS is document control which ensures secure documents and offers a repository for all documentation that makes search and retrieval a very easy task. Another rising factor that boosts the market growth of QMS is cloud-based deployment which offers flexibility, scalability, and optimized processes. Due to the recent advancements in the technology most of the companies are switching to cloud based services. Key Findings from the study suggest that North America is the major region for the quality management software in 2017. The quality management software is dominated by the segments such as non- conformance/ corrective & preventive solutions. The complaint handing market is expected to emerge as the key segment over the forecast period. Developing economies of Asia Pacific drive the demand of QMS with application in industries such as manufacturing, transportation & logistics. Key players for QMS in the market are Aras Corporation, Dassault Systems SE, Hewlett-Packard Enterprise Co., MasterControl, Inc., Microsoft Corporation, Oracle Corporation, Parasoft Corporation, PSC Biotech Corp., SAP SE, Siemens AG, and Sparta Systems. Browse Complete Report Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 4 Quality Management Software Market Size Request for TOC Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 5 Quality Management Software Market Study – Engagement Options Buy Now – Click Here! Buy now & have immediate access to premium insights Purchase Report Sections – Click Here! Regional analysis Segmentation analysis  Industry outlook Competitive landscape Speak To Analyst – Click Here! Get your doubts clear Schedule a call with our analyst before making any decision Request For Sample Pages – Click Here! Get free sample pages Understand report structure Unmask data for validation Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 6 About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.   Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 7 Thank You! Contact Us : Polaris Market Research 30 Wall Street 8th Floor,  New York City, NY 10005, United States E mail Id: [email protected] Phone: +1-646-568-9980