The global Quality Management Software Market size was valued at USD 8.68 Billion in 2021. It is projected to reach from USD XX Billion in 2022 to USD 20.83 Billion by 2030, growing at a CAGR of 10.48% during the forecast period (2022–2030).
Quality Management Software Market Analysis, Size, Share, Growth, Trends, and Opportunities
Quality Management Software Market Size
The global Quality Management Software Market size was valued at USD 8.68 Billion in 2021. It is projected to reach from USD XX Billion in 2022 to USD 20.83 Billion by 2030, growing at a CAGR of 10.48% during the forecast period (2022–2030).
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Market Definition
Quality management software is a type of software that helps organizations manage and improve the quality of their products, services, and processes. It provides a centralized platform for managing quality-related activities, such as document control, non-conformances, corrective and preventive actions, complaint handling, employee training, audit management, and supplier quality management.
Latest Trends
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Increasing Adoption of Cloud-Based Quality Management Software: Cloud-based quality management software is gaining popularity due to its scalability, flexibility, and cost-effectiveness.
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Rising Demand for Integrated Quality Management Software: Integrated quality management software that combines multiple quality management functions into a single platform is in high demand.
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Growing Importance of Artificial Intelligence and Machine Learning in Quality Management: Artificial intelligence and machine learning are being increasingly used in quality management software to improve predictive analytics, automate quality control processes, and enhance overall efficiency.
Market Segmentations
The global Quality Management Software Market is segmented based on solution, deployment, enterprise size, and end-user.
By Solution
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Document Control
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Non-Conformances/Corrective and Preventative
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Complaint Handling
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Employee Training
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Audit Management
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Supplier Quality Management
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Calibration Management
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Change Management
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Quality Inspections (PPAP & FAI)
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Mobile Incidents and Event Reporting
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Others
By Deployment
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Cloud
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On-premise
By Enterprise Size
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Small and Medium Enterprise (SME)
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Large Enterprise
By End-User
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IT and Telecom
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Transportation and Logistics
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Consumer Goods and Retail
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Defense and Aerospace
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Manufacturing
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Healthcare
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Life Sciences
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Food & Beverage
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Utilities
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Government
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Others
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Key Opportunity
The increasing demand for cloud-based quality management software and the growing importance of artificial intelligence and machine learning in quality management are expected to create new opportunities for vendors in the market.
Key Players
Some of the key players operating in the global Quality Management Software Market include:
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MasterControl Inc.
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Arena Solutions Inc.
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Medisolv Inc.
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Surescripts LLC
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IBM
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Cerner Corporation
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McKesson Corporation
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Others
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