Global quality management market
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
- Jun 2018
- CMI1825
- 293 Pages
- Excel & Pdf
- Information and Communication Technology
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)
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 highest 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. North America has well established advanced technological infrastructure in terms of manufacturing and information technology services. According to National Association of Manufacturers of the U.S., North America is the largest manufacturer in the world contributing around 18.2% of the total goods manufactured globally in 2016. Furthermore, 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 significant 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.
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
- North America Quality Management Market Forecast (2018-2023)
- 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