Quality Management Software Market Size, Share And Forecast To 2033

(MENAFN- Straits Research) Introduction

This management is made feasible by monitoring and regulating processes and products for continuous quality assurance, eliminating the quality gap between production practices and end-product expectations, tracking deviations, and ensuring compliance. Furthermore, the quality management software market is expected to rise rapidly due to increasing advances in the capabilities of solutions via artificial intelligence (AI) and machine learning (ML) techniques.

As it facilitates the streamlining of many business processes, the market for quality management software is growing across the globe. Quality management software offers a variety of solutions that assist businesses in increasing operational efficiency and lowering overall expenses. Further, this software enables businesses to comply with standards and laws, which is expected to boost market growth. Additionally, one of the impediments to the growth of the quality management software market is the high installation cost of the quality management software.

Impact of COVID-19

The COVID-19 pandemic has impaired the transportation and logistics industries. The temporary suspension of manufacturing units and the prohibition on the trade of non-essential items and services are expected to have an adverse short-term impact on the quality management software industry. People worldwide have shifted to the internet for online shopping, fueling the rapid rise of business-to-consumer marketplaces globally.

With developments in the profiles of the items, the numbers of commodities sent have increased throughout this epidemic time. As a result, logistics companies have begun to accelerate their quality, development, and safety management requirements, as well as diverse growth plans, with significant investments in assets, e-commerce, and people. These advancements would contribute to the growth in the transport and logistics sector throughout the forecast period.

Regional Insights

The market is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. In terms of regions, America was expected to be the leader in the quality management software market by 2020. In 2020, North America dominated the global market with a share of over 40%. In North America, the Patient Protection and Accountable Care Act (PPACA) of 2010 was enacted to provide excellent healthcare facilities and comply with quality standards.

Key Highlights

• The global quality management software market size was valued at USD 11.71 billion in 2024 and is projected to reach from USD 12.93 billion in 2025 to USD 28.70 billion by 2033, growing at a CAGR of 10.48% during the forecast period (2025-2033).
• Over the forecasted period, the document control segment is expected to increase significantly. Compliance with quality standards, strict FDA rules, and other global requirements are vital components in companies worldwide adhering to quality document control systems.
• Over the forecasted period, the healthcare segment is expected to be the fastest-growing end-use segment. Rapid regulatory changes and medical device innovation concerning technological developments such as the Internet of Things (IoT) and analytics are expected to drive demand for QMS solutions in the coming future.