The Quality Management Systems (QMS) market focuses on modern QMS solutions that represent the evolution of quality management to its current portfolio of solutions. Today, a comprehensive portfolio of quality solutions would include audit management, compliance management, corrective and preventive actions (CAPA), defect tracking, document management, feedback tracking, incident management, nonconformance tracking, risk management, and supply chain quality. Some QMS providers focus on specific areas such as SPC, quality assurance assessment, and enterprise quality consulting.
"While quality assurance and overall continuous improvement methods have been in place for decades in discrete manufacturing, adoption of these quality methods has moved to other industries like life sciences/pharma, medical devices, consumer goods and services, and non-manufacturing industries like power generation and utilities, financial and banking services, consumer goods, and food & beverage. Overall growth in the quality management software market will be driven primarily by the demand for more reliable products by consumers in emerging markets. One of the major trends in this market is the rapidly growing sales of goods over the Internet that will require producers to offer quality products that, ideally, will not be returned, as processing these returns represents a significant cost center that can erode profit margins," according to Dick Slansky, Senior Analyst and key author of ARC's Quality Management Systems Market Research Report.
Quality Management Systems Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- Adoption of QMS has moved beyond manufacturing to other industries
- QMS software market will be driven by demand for more reliable products
- Supply chain management processes build upon quality management principles.
Leading Suppliers to the Quality Management Systems Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Epicor, EtQ, Pilgrim Software, Sparta Systems, Sphera.
About the Quality Management Systems Research
The Quality Management Systems report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by World Region, Industry, Revenue Category, Service Revenues by Type, Application, Customer Tier, Sales Channel.
This new research is available as a Concise Market Analysis Report (PDF) which provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis..
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