Global Quality Management Market Report, by Type (Non Conformances/ Corrective and Preventive, Audit Management, Quality Management, Supplier management, Change management, others), by Application (IT and Telecommunications, Manufacturing, Healthcare, and Others), by Deployment (Cloud-based and On-Premise), by Organization Size (Small and Medium Enterprises and Large Enterprises) and by Region - Global Forecast to 2023

  • Published On : Jun 2018 |
  • Pages : 293 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

The global quality management market is estimated to be valued at US$ 13,833.2 Mn in 2018 and is expected to increase to US$ 25,418.9 Mn by 2023, registering a CAGR of 12.9% over the forecast period (2018-2023). Quality management software aids organizations to maintain quality of product or services it offers. Increasing competition and government regulations for quality measures is propelling organizations across various industries to adopt effective quality management software. This is expected to aid in growth of the market.Governments of various countries have implemented various standards and regulations for maintaining product quality and this is one of the major factors increasing demand for quality management software in various verticals such as healthcare, automotive, telecommunication, and consumer goods.

International Organization for Standardization, BSI Group, Food and Drug Administration, and Food Safety and Standards Authority of India are some of the government or non-profit organizations, which have set standards for product quality. International Organization for Standardization, is a Switzerland-based non- government organization that has set worldwide industrial and commercial standards and works in 162 countries. Whereas, BSI Group is a U.K.-based national standard body that makes technical standards on a wide range of product and services. Such standards by various organizations is driving companies to adopt quality software to meet them for product quality and reduce product waste and cost. It is important for organizations to install quality management software or solutions in their process structure, which helps them in achieving these standards and also reduce process time.

Global Quality Management market is estimated to be valued at US$ 13,833.2 Mn in 2018 and is expected to witness a CAGR of 12.9% over the forecast period (2018-2023)

Fig:Global Quality Management Market, By Region(US$ Mn)

quality management market

Source: Coherent Market Insights Analysis (2018)

However, increasing concerns related to data security and privacy in cloud- or SaaS-based solutions is a major factor hindering growth of the quality management market, globally. Data breaches, hacking of accounts, insider threat, malware injection, abuse of cloud services, insecure APIs, denial of service attacks, insufficient due diligence, shared vulnerabilities, data loss are some of the cloud based security concerns, which is negatively affecting adoption of cloud-based quality management software

North America accounted for the largest market share in 2016

On the basis of geography, global quality management market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. Quality management market in North America held the dominant position in 2016 and is expected to retain its dominance over the forecast period. The quality management market in this region is projected to reach US$ 8,489.93 million by 2023. The region has technologically advanced and developed infrastructure in terms of manufacturing and information technology services. For instance, emergence of industry 4.0 has led to increasing adoption of quality management software. According to National Association of Manufacturers of the U.S., its manufacturing is the largest in the world and contributed about 18.2% of the total goods manufactured globally in 2016. The U.S. is major growth engine in this region. In addition to this, dominant conglomerates across the globe have their strong presence in the region, which paves the way for progressive adoption of quality management software. Europe and North America collectively contributed to around 60% of the total revenue in 2016 and are expected to grow at a steady rate during the forecast period.

Asia Pacific quality management market is projected to exhibit the highest CAGR of 13.2% during the forecast period. The manufacturing sector has to keep up with the growing demand for products and services. Therefore, smart technology incorporated manufacturing will help companies in this region to increase their productivity. This is expected to propel growth of the manufacturing sector in the region. This increase in manufacturing facilities is expected to aid in growth of the quality management software market in the region over the forecast period.

Key companies

Major players operating in the global quality managements market include IQS Enterprise Quality Management and Compliance Software, MasterControl, Inc., EtQ, Intelex Technologies, Pilgrim Quality Solution, MetricStream Inc., Sparta Systems, Inc., SAP SE, Arena Solutions Inc., Autodesk Inc., Oracle Corporation, Aras, AssurX, Inc., Plex Systems, Inc., IQMS, Inc., Unipoint Software, Inc., Ideagen Plc, Dassault Système SE, Siemens AG, and Micro Focus.

Quality is an important aspect of any product throughout its lifecycle. Manufacturers tend to avoid and minimize risk and cost associated with poor quality due to errors in manufacturing processes and related operations. Thus, quality management software is an integral and an important part of an organization. The solutions comprises managing quality of the product and product-related processes. This helps in reducing cost incurred in rectifying errors and curtail downtime, thereby reducing overall time to market.

Market Dynamics

Governments of various countries have implemented various standards and regulations for product quality and this is one of the major factors increasing demand for quality management software in various verticals such as healthcare, automotive, telecommunication, and consumer goods. International Organization for Standardization, BSI Group, Food and Drug Administration, and Food Safety and Standards Authority of India are some of the government or non-profit organizations, which have set standards for product quality. International Organization for Standardization: - The International Organization for Standardization is a Switzerland based non- government organization that has set worldwide industrial and commercial standards and works in 162 countries. Furthermore, BSI Group: - British Standards Institution is a U.K.-based national standard body that makes technical standards on a wide range of product and services. Moreover, Food Safety and Standards Authority of India: - The Food Safety and Standards Authority of India is an India-based autonomous body, which is responsible for promoting and protecting the health of the public through regulations and supervision of food safety.

To meet these standards for product and reduce product waste and cost, it is important for organizations to install quality management software or solutions in their process structure, which helps them in achieving these standards and also reduce process time.

Key features of the study:

  • This report provides in-depth analysis of quality management market, market size and Compound Annual Growth Rate of 13.2% over the forecast period (2018– 2023) considering 2017 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global quality management market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
  • Key companies covered as a part of this study include IQS Enterprise Quality Management and Compliance Software, MasterControl, Inc., EtQ, Intelex Technologies, Pilgrim Quality Solution, MetricStream Inc., Sparta Systems, Inc., SAP SE, Arena Solutions Inc., Autodesk Inc., Oracle Corporation, Aras, AssurX, Inc., Plex Systems, Inc., IQMS, Inc., Unipoint Software, Inc., Ideagen Plc, Dassault Système SE, and Siemens AG, Micro Focus.
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding their future product launches, product up-grades, expansion, and marketing tactics.
  • The global quality management market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the quality management market.

Detailed Segmentation:

  • Global Quality Management Market, By Type:
    • Non-Conformances/ Corrective and Preventive
    • Audit Management
    • Quality Management
    • Supplier Management
    • Change Management
    • Others
  • Global Quality Management Market, By Application:
    • IT & Telecommunications
    • Manufacturing
    • Healthcare
    • Others
  • Global Quality Management Market, By Deployment:
    • Cloud-Based
    • On-Premise
  • Global Quality Management Market, By Organization Size:
    • Small & Medium Enterprises (SMEs)
    • Large Enterprises
  • Global Quality Management Market, By Geography:
    • North America
      • U.S.
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Canada
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Mexico
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
    • Europe
      • Germany
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • France
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • U.K.
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Russia
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Italy
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Rest of Europe
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
    • Asia Pacific
      • China
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Japan
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Korea
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • India
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Southeast Asia
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
    • SAMEA (South America, Middle East and Africa)
      • Brazil
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Egypt
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Saudi Arabia
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • South Africa
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Nigeria
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
      • Rest of SAMEA
        • By Type:
          • Non-Conformances/ Corrective and Preventive
          • Audit Management
          • Quality Management
          • Supplier Management
          • Change Management
          • Others
        • By Application
          • IT & Telecommunications
          • Manufacturing
          • Healthcare
          • Others
        • By Deployment
          • Cloud-Based
          • On-Premise
          • Others Organization Size
          • Small & Medium Enterprises (SMEs)
          • Large Enterprises
  • Company Profiles
    • IQS Enterprise Quality Management and Compliance Software
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • MasterControl, Inc.
    • EtQ
    • Intelex Technologies
    • Pilgrim Quality Solution
    • MetricStream Inc.
    • Sparta Systems, Inc.
    • SAP SE
    • Arena Solutions Inc.
    • Autodesk Inc.
    • Oracle Corporation
    • Aras
    • AssurX, Inc.
    • Plex Systems, Inc.
    • IQMS, Inc.
    • Unipoint Software, Inc.
    • Ideagen Plc
    • Dassault Système SE
    • Siemens AG
    • Micro Focus

Section 1

Global Quality Management Market

  • Market Overview
  • Market Introduction

Section 2

Global Quality Management Market Analysis

  • Market By Type
    • Market Overview
    • Non-Conformances/Corrective & Preventive
    • Audit Management
    • Quality Management
    • Supplier Management
    • Change Management
    • Others
  • Market By Application
    • IT & Telecommunication
    • Manufacturing
    • Healthcare & Life Science
    • Others
  • Market By Region
    • North America
    • Europe
    • Asia-Pacific
    • South America, Middle East, & Africa
  • Market Dynamics
    • Drivers
    • Opportunity
    • Challenge

Section 3

Manufacturer’s Profile

  • IQS Enterprise Quality Management and Compliance Software
    • MasterControl Inc.
    • EtQ, LLC.
    • Intelex Technologies
    • Pilgrim Quality Solutions, Inc.
    • Metric Stream, Inc.
    • Sparta Systems, Inc.
    • SAP SE
    • Arena Solutions Inc.
    • Autodesk
    • Oracle Corporation
    • Aras
    • AssurX, Inc.
    • Plex System, Inc.
    • IQMS, Inc.
    • UniPoint Software
    • Ideagen Plc.
    • Dassault System SE
    • Siemens AG
    • Micro Focus

Section 4

Global Quality Management Market Share and Competitive Landscape

  • Market Concentration Study
  • Top 6 Quality Management Software Providers
  • Market Competition Trend

Section 5

Global Quality Management Market Analysis by Regions

Regional Analysis, 2013-2023

  • North America Quality Management Sales and Growth Rate (2013-2018)
  • Europe Quality Management Sales and Growth Rate (2013-2018)
  • Asia-Pacific Quality Management Sales and Growth Rate (2013-2018)
  • South America Quality Management Sales and Growth Rate (2013-2018)
  • Middle East and Africa Quality Management Sales and Growth Rate (2013-2018)

Section 6

North America Quality Management by Countries

  • North America Quality Management Revenue and Market Share by Countries (2013-2018)
    • United States Quality Management Sales and Growth Rate (2013-2018)
    • Canada Quality Management Sales and Growth Rate (2013-2018)
    • Mexico Quality Management Sales and Growth Rate (2013-2018)

Section 7

Europe Quality Management by Countries

  • Europe Quality Management Revenue and Market Share by Countries (2013-2018)
    • Germany Quality Management Sales and Growth Rate (2013-2018)
    • France Quality Management Sales and Growth Rate (2013-2018)
    • UK Quality Management Sales and Growth Rate (2013-2018)
    • Russia Quality Management Sales and Growth Rate (2013-2018)
    • Italy Quality Management Sales and Growth Rate (2013-2018)
    • Rest of Europe Quality Management Sales and Growth Rate (2013-2018)

Section 8

Asia Pacific Quality Management by Countries

  • Asia Pacific Quality Management Revenue and Market Share by Countries (2013-2018)
    • China Quality Management Sales and Growth Rate (2013-2018)
    • Japan Quality Management Sales and Growth Rate (2013-2018)
    • Korea Quality Management Sales and Growth Rate (2013-2018)
    • India Quality Management Sales and Growth Rate (2013-2018)
    • Southeast Asia Quality Management Sales and Growth Rate (2013-2018)
    • Rest of Asia Pacific Quality Management Sales and Growth Rate (2013-2018)

Section 9

South America, Middle East, and Africa (SAMEA) Quality Management by Countries

  • SAMEA Quality Management Revenue and Market Share by Countries (2013-2018)
    • Brazil Quality Management Sales and Growth Rate (2013-2018)
    • Egypt Quality Management Sales and Growth Rate (2013-2018)
    • Saudi Arabia Quality Management Sales and Growth Rate (2013-2018)
    • South Africa Quality Management Sales and Growth Rate (2013-2018)
    • Nigeria Quality Management Sales and Growth Rate (2013-2018)
    • Rest of SAMEA Quality Management Sales and Growth Rate (2013-2018)

Section 10

Global Quality Management Market Segment by Type

  • Global Quality Management Revenue and Market Share by Type (2013-2018)
    • Non-Conformances/Corrective & Preventative
    • Audit Management
    • Quality Management
    • Supplier Management
    • Change Management
    • Others

Section 11

Global Quality Management Market Segment by Application

  • Global Quality Management Revenue and Market Share by Application (2013-2018)
    • IT & Telecommunication
    • Manufacturing
    • Healthcare
    • Others

Section 12

Global Quality Management Market Segment by Deployment Model

  • Global Quality Management Revenue and Market Share by Deployment Model (2013-2018)
    • Cloud-based
    • On-Premise

Section 13

Global Quality Management Market Segment by Organization Size

  • Global Quality Management Revenue and Market Share by Organization Size (2013-2018)
    • Small & Mid-Size Enterprises (SMEs)
    • Large Organizations

Section 14

Global Quality Management Market Forecast

  • Global Quality Management Revenue and Growth Rate (2018-2023)
    • Quality Management Market Forecast by Regions (2018-2023)
      • North America Quality Management Market Forecast (2018-2023)
        • By Country
        • By Type
        • By Application
        • By Deployment Model
        • By Organization Size
      • Europe Quality Management Market Forecast (2018-2023)
        • By Country
        • By Type
        • By Application
        • By Deployment Model
        • By Organization Size
      • Asia-Pacific Quality Management Market Forecast (2018-2023)
        • By Country
        • By Type
        • By Application
        • By Deployment Model
        • By Organization Size
      • SAMEA Quality Management Market Forecast (2018-2023)
        • By Country
        • By Type
        • By Application
        • By Deployment Model
        • By Organization Size
    • Global Quality Management Market Forecast by Type (2018-2023)
    • Global Quality Management Sales Forecast by Application (2018-2023)
    • Global Quality Management Sales Forecast by Deployment Model (2018-2023)
    • Global Quality Management Sales Forecast by Organization Size (2018-2023)

Section 15

Global Quality Management Market: Sales Channel Analysis

Section 16

Research Findings and Conclusion

Section 17

  • References
  • Research Methodology
  • About us and Sales Contact

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.