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(IT-NEWSWIRE.COM, October 21, 2018 ) Quality Management Software (QMS) is used to replace the paper-based systems with automated quality management systems that follows stringent regulations and quality standards. This improves the product quality, increase the efficiency and satisfy the customer demands. The key factor that boosts Quality Management Software Market is the solutions and systems used to ensure the high-quality products and processes.
According to a new report on Quality Management Software Market published by Polaris Market Research, the global market is anticipated to reach 15.48 USD billion by 2026 with a CAGR of 9.7% during the forecast period.
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QMS reduces the risk of quality process failures and lower costs for large number of clients across a range of industries. QMS offers various features such as track deviations, improves non-conformances, improves safety and other features. Adoption of QMS can help the organization to improve their performance and overall competitiveness.
Key players for Quality Management Software Market are Aras Corporation, Dassault Systems SE, Hewlett-Packard Enterprise Co., MasterControl, Inc., Microsoft Corporation, Oracle Corporation, Parasoft Corporation, PSC Biotech Corp., SAP SE, Siemens AG, and Sparta Systems.
Owing to the strict regulations, embedded business models and complex procedures, in the manufacturing, transportation & logistics sector, the implementation of QMS has increased. These regulatory implications are another major driving factor for the market. The demand for Quality Management Software Market is driven by the consumer goods & retail segment which facilitates the user by delivering high quality products at a cheap price which meets the customer satisfaction.
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Key Findings from this research study suggest that North America is the major region for the quality management software in 2017. This software is dominated by the segments such as non-conformance/ corrective & preventive solutions. Developing economies of Asia Pacific drive the demand of this software with application in industries such as manufacturing, transportation & logistics. Change management is also one of the key reasons that gain traction in Asia-Pacific market. Another rising factor that boosts the Quality Management Software Market growth is cloud-based deployment which offers flexibility, scalability, and optimized processes. Due to the recent advancements in the technology most of the companies are switching to cloud-based services.
TOC of Quality Management Software Market:
Chapter 1. Overview and Scope
Chapter 2. Executive Summary
Chapter 3. Market Insights
Chapter 4. Size and Forecast
Chapter 5. Dynamics and Segmentation
Chapter 6. Detailed Insight on Company Profiles
TOC Continued…...!!!
Polaris Market Research
Neel
+1-646-568-9980
neel@polarismarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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