What is Quality Management System Software Market?
The quality management system software is a business management system that houses internal quality policies and standard operating procedures. This software offers an extensive suite of tools and capabilities necessary to cost-effectively manage quality issues while streamlining manufacturing and business operations and facilitating collaboration. It provides quality planning, quality assurance, quality control and quality improvement. It is a cross-functional communication and collaboration that centralizes, standardizes and streamlines quality management data from across the value chain.
The market study is being classified by Type (Cloud and On-premise), by Application (IT & Telecom, Transportation & Logistics, Consumer Goods & Retail, Defense & Aerospace, Manufacturing, Healthcare and Others) and major geographies with country level break-up.
IQMS (United States), Pilgrim Quality Solutions (United States), Micro Focus (United States), Ideagen (United Kingdom), Aras Corporation (United States), Intelex Technologies Inc. (Canada), Oracle Corporation (United States), MasterControl, Inc. (United States) and Arena Solutions (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are MetricStream (United States), Plex Systems, Inc. (United States), IQS, Inc (United States), AssurX, Inc. (United States), Dassault Systèmes SE (France), SAP SE (Germany), Autodesk, Inc. (United States) and EtQ (United States).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Quality Management System Software market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Quality Management System Software market by Type, Application and Region.
On the basis of geography, the market of Quality Management System 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.
- Increased Applications of Quality Management System Software in Various Industries
- High Benefits such as Improved Business Performance and Gain Competitive Advantages
- Increased Adoption of Cloud-Based Solutions
- High Cost of the Quality Management System Software
- Growing Demand from the End-users
- Increasing Demand from Small and Medium-Sized Enterprises
- Technological Complexities Associated with Software
Recently, Micro Focus has announced the completion of its merger with Hewlett Packard Enterprise’s (HPE) software business to create the seventh-largest pure-play enterprise software company in the world.
Key Target AudienceQuality Management System Software Developers, Emerging Companies, Research Professionals and End-users
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