What is Safety Inspection Software Market?
The Canada safety inspection software market is expected to grow at a healthy pace during the forecast period, according to the AMA study. Rising adoption of cloud-based solutions & services and growing demand for digital safety inspection across different industries are expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the COVID-19 pandemic is over.
The market study is being classified, by Application (Appointment Management, Barcode Scanning, Code Enforcement, Customer Database, Dispatch Management, Failed Inspection Tracking, Subcontractor Management and Others) and major geographies with country level break-up.
Field Eagle (Canada), Forms On Fire, Inc. (United States), SHGI Corp (United States), Certainty Software (Canada), InspectAll Software, LLC (United States), AEC Safety Solutions (Canada), Konverge Digital Solution Corporation (Canada), InspectAll Software, LLC (United States), ENFOCOM International Corporation (United States) and OnSite Software (United States) are some of the key players profiled in the study.
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the Canadian market. According to the recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Research Analyst at AMA predicts that United States, Canada Players will contribute to the maximum growth of Global Safety Inspection Software market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Safety Inspection Software market by Type, Application and Region.
On the basis of geography, the market of Safety Inspection Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Adoption of Cloud-Based Solutions & Services
- Growing Demand for Digital Safety Inspection Across Different Industries
- Implementation of Artificial Intelligence in Safety Inspection Software
- Availability of Open Source Platforms
- Industry 4.0 is Expected to Create Huge Opportunities for the Market Vendors During the Forecast Period
- Lesser Number of Players in the Canadian Market
Stringent Government Regulations Regarding Lock-Down of Cities & Shutting Down of Operations Among Different Industries Across Canada Due to the COVID-19 Pandemic is Impacting the Demand for Safety Inspection Software
Analyst CommentSince the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries across the world along with the World Health Organization declaring it a public health emergency. The impact of the COVID-19 has already hit many industries and will affect the Canadian safety inspection software market in FY 2020. The outbreak of COVID-19 has brought effects on many aspects, like scheduled public transportation cancellations; downfall in the real estate sector; travel bans and quarantines; closed operations across hotels & restaurants; banning of public gatherings & events; large slow-down in the supply chain of different markets; stock market unpredictability; declining business assurance, and uncertainty in the future market dynamics.