Uploaded on Dec 8, 2020
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.
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.
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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
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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.
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Quality Management Software Market Size
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