Valley Cottage, NY -- (SBWIRE) -- 04/07/2017 -- Quality management is recent phenomenon and very essential to any organization in order to maintain quality of products in the market. Quality management ensures that the quality of products. Quality management mainly includes quality planning, quality assurance, quality control, and quality improvement. Managers are mainly responsible for quality have to be maintained in the process ad technology that enables support the business objectives. The quality process management application software supports achieve real success by implementing an effective quality system that enables reduce risks, faster time to market, decrease cost, business agility. Application Quality Management software provides solutions for management challenges. These offers customizable infrastructure that supports all aspects process requirements, test planning, execution, design, and defect tracking with full traceability. The advanced technologies and rapid innovations in quality management enables create opportunities for the companies. The global Quality Process Management Application market anticipated to exhibit a significant CAGR as well as annual growth rate over the forecast period.

Quality Process Management Application Market: Drivers and restraints

The Quality Process Management Application market can be driven by the following factors, increased awareness among the people regarding advances in quality management enables creates lucrative opportunities for the companies. Regulatory bodies are implementing stringent regulations towards maintain the required quality of products is major factor which drives the quality process management application market.

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However, lack of skilled professionals is the major challenge and quality process management application costlier, which may hamper the global Quality Process Management Application market.

Quality Process Management Application Market: Segmentation

Global Market can be segmented as following types

By Product Type

Software
Hardware

By End User

Manufacturing Industries
Pharmaceutical Industry
Automobile Industry

Quality Process Management Application Market: Overview

Global Quality Process Management Application market is gaining traction across the globe due to increased awareness among various industry. The Quality Process Management Application has many advantages such as eliminate the manual work maintains required quality as per international standards. The global Quality Process Management Application market expected to witness a significant CAGR as well as annual growth rates over the forecast period.

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Quality Process Management Application Market: Region-Wise Outlook

Global market is segmented into seven key regions, those are North America (N.A), Eastern Europe (E.E) Western Europe (W.E), Latin America (L.A), Asia-Pacific Excluding Japan (APEJ), Japan, and Middle East and Africa (MEA).

North America is anticipated to have a maximum market share in global market due to increased awareness among the companies in US and Canada. Asia-Pacific follows North America in terms of market share in global Quality Process Management Application market owing to the drastic change in Asian countries economy as well as manufacturing industries in India and china. European region is expected to witness a significant contribution in global Quality Process Management Application market due to stringent regulations in the region. The global Quality Process Management Application market is anticipated to account for significant CAGR as well as lucrative opportunities for the companies over the forecast period.

Quality Process Management Application Market: Key players

Some of the key players are

Original Software
Integrum Management Systems
ETQ
Cybermetrics Corporation
PQ Systems, Inc.
Process Street.
Auto SHEQ solutions