Quality management software market size to increase by USD 5,897.6 million: 32% growth to originate from North America - Technavio

NEW YORK, Dec. 12, 2022 /PRNewswire/ -- The quality management software market by application, deployment, and geography - forecast and analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 10% and register an incremental growth of USD 5,897.6 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF sample report

Regional analysis

Based on region, the global quality management software (QMS) market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America is estimated to contribute 32% to the growth of the global market over the forecast period. The growing IT and telecom, healthcare, BFSI, manufacturing, retail, and e-commerce industries are driving the growth of the regional market. In addition, the presence of major vendors in the region is further augmenting the market's growth.

Company profiles

The global quality management software (QMS) market report includes information on the key products and recent developments of leading vendors, including:

• Aras Corp.: The company offers quality management software such as Aras quality management system.
• Cority Software Inc.: The company offers quality management software such as PLM.
• Dassault Systemes SE: The company offers quality management software such as Cority Quality Cloud.
• Hewlett Packard Enterprise Co.: The company offers quality management software such as 3DEXPERIENCE platform and ENOVIA quality management.
• Hexagon AB: The company offers quality management software such as HPE GreenLake.
• Honeywell International Inc.
• Intelex Technologies ULC
• IQVIA Holdings Inc.
• MasterControl Inc.
• To gain access to more vendor profiles available with Technavio, buy the report!

Market dynamics

The market is driven by factors such as the increase in adoption of cloud-based quality management software offerings, rapid advances in technologies, and the rise in spending on IT technology. However, the threat from open-source quality management software providers is hindering the market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a sample

Market segmentation

• Based on application, the market is segmented into IT and telecom, transportation and logistics, consumer goods and retail, healthcare, and banking. The IT and telecom segment will account for the largest share of the market's growth during the forecast period.
• Based on geography, the market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. North America will account for the largest share of the market's growth during the forecast period.

Related reports:

The product information management market size is expected to grow by USD 7.40 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.17%. The thriving e-commerce industry is notably driving the product information management market growth, although factors such as concerns about data security and privacy threats may impede the market growth.

The enterprise performance management market size is expected to grow by USD 2.23 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.31%. Increased demand for cloud-based enterprise performance management applications is one of the key factors driving the enterprise performance management market growth. However, factors such as data security issues may impede the market growth.

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What are the key data covered in this quality management software (QMS) market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the quality management software (QMS) market between 2023 and 2027
• Precise estimation of the size of the quality management software (QMS) market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the quality management software (QMS) market across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of quality management software (QMS) market vendors

Browse for Technavio's information technology market reports

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global quality management software market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global quality management software market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Deployment Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 IT and telecom - Market size and forecast 2022-2027 
• Exhibit 34: Chart on IT and telecom - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on IT and telecom - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on IT and telecom - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on IT and telecom - Year-over-year growth 2022-2027 (%)

• 6.4 Transportation and logistics - Market size and forecast 2022-2027
• Exhibit 38: Chart on Transportation and logistics - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Transportation and logistics - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Transportation and logistics - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Transportation and logistics - Year-over-year growth 2022-2027 (%)

• 6.5 Consumer goods and retail - Market size and forecast 2022-2027
• Exhibit 42: Chart on Consumer goods and retail - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Consumer goods and retail - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Consumer goods and retail - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Consumer goods and retail - Year-over-year growth 2022-2027 (%)

• 6.6 Healthcare - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)

• 6.7 Banking - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Banking - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Banking - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Banking - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Banking - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)

7 Market Segmentation by Deployment

• 7.1 Market segments 
• Exhibit 55: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Deployment - Market share 2022-2027 (%)

• 7.2 Comparison by Deployment 
• Exhibit 57: Chart on Comparison by Deployment
• Exhibit 58: Data Table on Comparison by Deployment

• 7.3 On-premise - Market size and forecast 2022-2027 
• Exhibit 59: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on On-premise - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on On-premise - Year-over-year growth 2022-2027 (%)

• 7.4 Cloud-based - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Deployment 
• Exhibit 67: Market opportunity by Deployment ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027 
• Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Aras Corp. 
• Exhibit 120: Aras Corp. - Overview
• Exhibit 121: Aras Corp. - Product / Service
• Exhibit 122: Aras Corp. - Key news
• Exhibit 123: Aras Corp. - Key offerings

• 12.4 Autodesk Inc. 
• Exhibit 124: Autodesk Inc. - Overview
• Exhibit 125: Autodesk Inc. - Product / Service
• Exhibit 126: Autodesk Inc. - Key news
• Exhibit 127: Autodesk Inc. - Key offerings

• 12.5 Cority Software Inc. 
• Exhibit 128: Cority Software Inc. - Overview
• Exhibit 129: Cority Software Inc. - Product / Service
• Exhibit 130: Cority Software Inc. - Key offerings

• 12.6 Dassault Systemes SE 
• Exhibit 131: Dassault Systemes SE - Overview
• Exhibit 132: Dassault Systemes SE - Product / Service
• Exhibit 133: Dassault Systemes SE - Key news
• Exhibit 134: Dassault Systemes SE - Key offerings

• 12.7 Hewlett Packard Enterprise Co. 
• Exhibit 135: Hewlett Packard Enterprise Co. - Overview
• Exhibit 136: Hewlett Packard Enterprise Co. - Business segments
• Exhibit 137: Hewlett Packard Enterprise Co. - Key news
• Exhibit 138: Hewlett Packard Enterprise Co. - Key offerings
• Exhibit 139: Hewlett Packard Enterprise Co. - Segment focus

• 12.8 Hexagon AB 
• Exhibit 140: Hexagon AB - Overview
• Exhibit 141: Hexagon AB - Business segments
• Exhibit 142: Hexagon AB - Key news
• Exhibit 143: Hexagon AB - Key offerings
• Exhibit 144: Hexagon AB - Segment focus

• 12.9 Honeywell International Inc. 
• Exhibit 145: Honeywell International Inc. - Overview
• Exhibit 146: Honeywell International Inc. - Business segments
• Exhibit 147: Honeywell International Inc. - Key news
• Exhibit 148: Honeywell International Inc. - Key offerings
• Exhibit 149: Honeywell International Inc. - Segment focus

• 12.10 Intelex Technologies ULC 
• Exhibit 150: Intelex Technologies ULC - Overview
• Exhibit 151: Intelex Technologies ULC - Product / Service
• Exhibit 152: Intelex Technologies ULC - Key offerings

• 12.11 MasterControl Inc. 
• Exhibit 153: MasterControl Inc. - Overview
• Exhibit 154: MasterControl Inc. - Product / Service
• Exhibit 155: MasterControl Inc. - Key offerings

• 12.12 Microsoft Corp. 
• Exhibit 156: Microsoft Corp. - Overview
• Exhibit 157: Microsoft Corp. - Business segments
• Exhibit 158: Microsoft Corp. - Key news
• Exhibit 159: Microsoft Corp. - Key offerings
• Exhibit 160: Microsoft Corp. - Segment focus

• 12.13 Oracle Corp. 
• Exhibit 161: Oracle Corp. - Overview
• Exhibit 162: Oracle Corp. - Business segments
• Exhibit 163: Oracle Corp. - Key news
• Exhibit 164: Oracle Corp. - Key offerings
• Exhibit 165: Oracle Corp. - Segment focus

• 12.14 Parasoft Corp. 
• Exhibit 166: Parasoft Corp. - Overview
• Exhibit 167: Parasoft Corp. - Product / Service
• Exhibit 168: Parasoft Corp. - Key offerings

• 12.15 PSC Software 
• Exhibit 169: PSC Software - Overview
• Exhibit 170: PSC Software - Product / Service
• Exhibit 171: PSC Software - Key offerings

• 12.16 SAP SE 
• Exhibit 172: SAP SE - Overview
• Exhibit 173: SAP SE - Business segments
• Exhibit 174: SAP SE - Key news
• Exhibit 175: SAP SE - Key offerings
• Exhibit 176: SAP SE - Segment focus

• 12.17 Siemens AG 
• Exhibit 177: Siemens AG - Overview
• Exhibit 178: Siemens AG - Business segments
• Exhibit 179: Siemens AG - Key news
• Exhibit 180: Siemens AG - Key offerings
• Exhibit 181: Siemens AG - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 182: Inclusions checklist
• Exhibit 183: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 184: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 185: Research methodology
• Exhibit 186: Validation techniques employed for market sizing
• Exhibit 187: Information sources

• 13.5 List of abbreviations 
• Exhibit 188: List of abbreviations

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SOURCE Technavio