The North America Quality and Lifecycle Management Software Market would witness market growth of 6.8% CAGR during the forecast period (2022-2028).
Software for quality management is a defined system that records the steps taken to fulfill quality goals and objectives. Additionally, registration to ISO 90001, ISO 14001, and other standards have become obligatory for enterprises to conduct operations abroad as it authorizes them to encounter market needs, engage in competitive pricing, and satisfy requirements that are legal and satiate client expectations. As a result, the market for quality and lifecycle management software is experiencing growth.
Due to changes in the product profiles, the total amount of commodities shipped has increased during this pandemic. This has caused logistics companies to invest more in people, eCommerce, and assets to accelerate their development, quality, safety management requirements, and expansion strategies. Therefore, the industry's expansion in the transport & logistics sector will be pushed by all these developments during the forecasted period.
Canada's demand for fresh food products is driven by a growing awareness of adopting a healthy lifestyle by consuming less processed food. Increasing discretionary incomes and the advantages of a home-cooked meal using fresh ingredients drive demand for fresh food goods. All of these factors are driving the expansion of the industry for fresh food packaging in Canada. The increasing prevalence of chronic illnesses like obesity, diabetes, and cardiovascular disease also fosters Canadians to embrace healthier eating habits, raising the intake of new food products in the country and positively influencing the growth of fresh food packaging. This is estimated to support the growth of the regional market.
The US market dominated the North America Quality and Lifecycle Management Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $12,047.7 million by 2028. The Canada market is poised to grow at a CAGR of 9.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.3% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Quality Management, Document & Product Data Management, Bill of Material (BOM) Management, Governance & Compliance Management, Cost Management, Change Management, Lifecycle Analytics Management and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Vertical, the market is segmented into Automotive & Transport, Industrial Manufacturing, Consumer Goods & Retail, Healthcare & Lifesciences, Aerospace & Defense, IT & Telecom and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Quality and Lifecycle Management Software Market is Projected to reach USD 46.9 Billion by 2028, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, SAP SE, Siemens AG, Dassault Systemes SE, Autodesk, Inc., PTC, Inc., Aras Corporation, SAS Institute, Inc., and Parasoft Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Quality Management
- Document & Product Data Management
- Bill of Material (BOM) Management
- Governance & Compliance Management
- Cost Management
- Change Management
- Lifecycle Analytics Management
- Others
- Services
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Deployment Type
By Vertical
- Automotive & Transport
- Industrial Manufacturing
- Consumer Goods & Retail
- Healthcare & Lifesciences
- Aerospace & Defense
- IT & Telecom
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- SAP SE
- Siemens AG
- Dassault Systemes SE
- Autodesk, Inc.
- PTC, Inc.
- Aras Corporation
- SAS Institute, Inc.
- Parasoft Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Quality and Lifecycle Management Software Market, by Component
1.4.2 North America Quality and Lifecycle Management Software Market, by Enterprise Size
1.4.3 North America Quality and Lifecycle Management Software Market, by Deployment Type
1.4.4 North America Quality and Lifecycle Management Software Market, by Vertical
1.4.5 North America Quality and Lifecycle Management Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisitions and Mergers: 2018, Jun – 2023, Jan) Leading Players
3.4.3 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Jun – 2023, Feb) Leading Players
Chapter 4. North America Quality and Lifecycle Management Software Market by Component
4.1 North America Solution Market by Country
4.2 North America Quality and Lifecycle Management Software Market by Solution Type
4.2.1 North America Quality Management Market by Country
4.2.2 North America Document & Product Data Management Market by Country
4.2.3 North America Bill of Material (BOM) Management Market by Country
4.2.4 North America Governance & Compliance Management Market by Country
4.2.5 North America Cost Management Market by Country
4.2.6 North America Change Management Market by Country
4.2.7 North America Lifecycle Analytics Management Market by Country
4.2.8 North America Other Solution Type Market by Country
4.3 North America Services Market by Country
Chapter 5. North America Quality and Lifecycle Management Software Market by Enterprise Size
5.1 North America Large Enterprises Market by Country
5.2 North America Small & Medium Enterprises Market by Country
Chapter 6. North America Quality and Lifecycle Management Software Market by Deployment Type
6.1 North America Cloud Market by Country
6.2 North America On-premise Market by Country
Chapter 7. North America Quality and Lifecycle Management Software Market by Vertical
7.1 North America Automotive & Transport Market by Country
7.2 North America Industrial Manufacturing Market by Country
7.3 North America Consumer Goods & Retail Market by Country
7.4 North America Healthcare & Lifesciences Market by Country
7.5 North America Aerospace & Defense Market by Country
7.6 North America IT & Telecom Market by Country
7.7 North America Others Market by Country
Chapter 8. North America Quality and Lifecycle Management Software Market by Country
8.1 US Quality and Lifecycle Management Software Market
8.1.1 US Quality and Lifecycle Management Software Market by Component
8.1.1.1 US Quality and Lifecycle Management Software Market by Solution Type
8.1.2 US Quality and Lifecycle Management Software Market by Enterprise Size
8.1.3 US Quality and Lifecycle Management Software Market by Deployment Type
8.1.4 US Quality and Lifecycle Management Software Market by Vertical
8.2 Canada Quality and Lifecycle Management Software Market
8.2.1 Canada Quality and Lifecycle Management Software Market by Component
8.2.1.1 Canada Quality and Lifecycle Management Software Market by Solution Type
8.2.2 Canada Quality and Lifecycle Management Software Market by Enterprise Size
8.2.3 Canada Quality and Lifecycle Management Software Market by Deployment Type
8.2.4 Canada Quality and Lifecycle Management Software Market by Vertical
8.3 Mexico Quality and Lifecycle Management Software Market
8.3.1 Mexico Quality and Lifecycle Management Software Market by Component
8.3.1.1 Mexico Quality and Lifecycle Management Software Market by Solution Type
8.3.2 Mexico Quality and Lifecycle Management Software Market by Enterprise Size
8.3.3 Mexico Quality and Lifecycle Management Software Market by Deployment Type
8.3.4 Mexico Quality and Lifecycle Management Software Market by Vertical
8.4 Rest of North America Quality and Lifecycle Management Software Market
8.4.1 Rest of North America Quality and Lifecycle Management Software Market by Component
8.4.1.1 Rest of North America Quality and Lifecycle Management Software Market by Solution Type
8.4.2 Rest of North America Quality and Lifecycle Management Software Market by Enterprise Size
8.4.3 Rest of North America Quality and Lifecycle Management Software Market by Deployment Type
8.4.4 Rest of North America Quality and Lifecycle Management Software Market by Vertical
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 SAP SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Siemens AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.5 Dassault Systemes SE
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Product Category and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.5.3 Acquisition and Mergers:
9.6 Autodesk, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.7 PTC, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.8 Aras Corporation
9.8.1 Company Overview
9.9 SAS Institute, Inc.
9.9.1 Company Overview
9.10. Parasoft Corporation
9.10.1 Company Overview
TABLE 1 North America Quality and Lifecycle Management Software Market, 2018 - 2021, USD Million
TABLE 2 North America Quality and Lifecycle Management Software Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Quality and Lifecycle Management Software Market
TABLE 4 Product Launches And Product Expansions– Quality and Lifecycle Management Software Market
TABLE 5 Acquisition and Mergers– Quality and Lifecycle Management Software Market
TABLE 6 North America Quality and Lifecycle Management Software Market by Component, 2018 - 2021, USD Million
TABLE 7 North America Quality and Lifecycle Management Software Market by Component, 2022 - 2028, USD Million
TABLE 8 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Quality and Lifecycle Management Software Market by Solution Type, 2018 - 2021, USD Million
TABLE 11 North America Quality and Lifecycle Management Software Market by Solution Type, 2022 - 2028, USD Million
TABLE 12 North America Quality Management Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Quality Management Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Document & Product Data Management Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Document & Product Data Management Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Bill of Material (BOM) Management Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Bill of Material (BOM) Management Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Governance & Compliance Management Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Governance & Compliance Management Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Cost Management Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Cost Management Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Change Management Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Change Management Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Lifecycle Analytics Management Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Lifecycle Analytics Management Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Other Solution Type Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Other Solution Type Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Quality and Lifecycle Management Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 31 North America Quality and Lifecycle Management Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 32 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Quality and Lifecycle Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 37 North America Quality and Lifecycle Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 38 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 40 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 41 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Quality and Lifecycle Management Software Market by Vertical, 2018 - 2021, USD Million
TABLE 43 North America Quality and Lifecycle Management Software Market by Vertical, 2022 - 2028, USD Million
TABLE 44 North America Automotive & Transport Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Automotive & Transport Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Industrial Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Industrial Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Healthcare & Lifesciences Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Healthcare & Lifesciences Market by Country, 2022 - 2028, USD Million
TABLE 52 North America Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 53 North America Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 54 North America IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 55 North America IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 56 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 57 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 58 North America Quality and Lifecycle Management Software Market by Country, 2018 - 2021, USD Million
TABLE 59 North America Quality and Lifecycle Management Software Market by Country, 2022 - 2028, USD Million
TABLE 60 US Quality and Lifecycle Management Software Market, 2018 - 2021, USD Million
TABLE 61 US Quality and Lifecycle Management Software Market, 2022 - 2028, USD Million
TABLE 62 US Quality and Lifecycle Management Software Market by Component, 2018 - 2021, USD Million
TABLE 63 US Quality and Lifecycle Management Software Market by Component, 2022 - 2028, USD Million
TABLE 64 US Quality and Lifecycle Management Software Market by Solution Type, 2018 - 2021, USD Million
TABLE 65 US Quality and Lifecycle Management Software Market by Solution Type, 2022 - 2028, USD Million
TABLE 66 US Quality and Lifecycle Management Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 67 US Quality and Lifecycle Management Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 68 US Quality and Lifecycle Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 69 US Quality and Lifecycle Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 70 US Quality and Lifecycle Management Software Market by Vertical, 2018 - 2021, USD Million
TABLE 71 US Quality and Lifecycle Management Software Market by Vertical, 2022 - 2028, USD Million
TABLE 72 Canada Quality and Lifecycle Management Software Market, 2018 - 2021, USD Million
TABLE 73 Canada Quality and Lifecycle Management Software Market, 2022 - 2028, USD Million
TABLE 74 Canada Quality and Lifecycle Management Software Market by Component, 2018 - 2021, USD Million
TABLE 75 Canada Quality and Lifecycle Management Software Market by Component, 2022 - 2028, USD Million
TABLE 76 Canada Quality and Lifecycle Management Software Market by Solution Type, 2018 - 2021, USD Million
TABLE 77 Canada Quality and Lifecycle Management Software Market by Solution Type, 2022 - 2028, USD Million
TABLE 78 Canada Quality and Lifecycle Management Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 79 Canada Quality and Lifecycle Management Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 80 Canada Quality and Lifecycle Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 81 Canada Quality and Lifecycle Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 82 Canada Quality and Lifecycle Management Software Market by Vertical, 2018 - 2021, USD Million
TABLE 83 Canada Quality and Lifecycle Management Software Market by Vertical, 2022 - 2028, USD Million
TABLE 84 Mexico Quality and Lifecycle Management Software Market, 2018 - 2021, USD Million
TABLE 85 Mexico Quality and Lifecycle Management Software Market, 2022 - 2028, USD Million
TABLE 86 Mexico Quality and Lifecycle Management Software Market by Component, 2018 - 2021, USD Million
TABLE 87 Mexico Quality and Lifecycle Management Software Market by Component, 2022 - 2028, USD Million
TABLE 88 Mexico Quality and Lifecycle Management Software Market by Solution Type, 2018 - 2021, USD Million
TABLE 89 Mexico Quality and Lifecycle Management Software Market by Solution Type, 2022 - 2028, USD Million
TABLE 90 Mexico Quality and Lifecycle Management Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 91 Mexico Quality and Lifecycle Management Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 92 Mexico Quality and Lifecycle Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 93 Mexico Quality and Lifecycle Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 94 Mexico Quality and Lifecycle Management Software Market by Vertical, 2018 - 2021, USD Million
TABLE 95 Mexico Quality and Lifecycle Management Software Market by Vertical, 2022 - 2028, USD Million
TABLE 96 Rest of North America Quality and Lifecycle Management Software Market, 2018 - 2021, USD Million
TABLE 97 Rest of North America Quality and Lifecycle Management Software Market, 2022 - 2028, USD Million
TABLE 98 Rest of North America Quality and Lifecycle Management Software Market by Component, 2018 - 2021, USD Million
TABLE 99 Rest of North America Quality and Lifecycle Management Software Market by Component, 2022 - 2028, USD Million
TABLE 100 Rest of North America Quality and Lifecycle Management Software Market by Solution Type, 2018 - 2021, USD Million
TABLE 101 Rest of North America Quality and Lifecycle Management Software Market by Solution Type, 2022 - 2028, USD Million
TABLE 102 Rest of North America Quality and Lifecycle Management Software Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 103 Rest of North America Quality and Lifecycle Management Software Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 104 Rest of North America Quality and Lifecycle Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 105 Rest of North America Quality and Lifecycle Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 106 Rest of North America Quality and Lifecycle Management Software Market by Vertical, 2018 - 2021, USD Million
TABLE 107 Rest of North America Quality and Lifecycle Management Software Market by Vertical, 2022 - 2028, USD Million
TABLE 108 Key information – IBM Corporation
TABLE 109 key information – Microsoft Corporation
TABLE 110 Key Information – SAP SE
TABLE 111 Key Information – Siemens AG
TABLE 112 Key Information – Dassault Systemes SE
TABLE 113 Key Information – Autodesk, Inc.
TABLE 114 key Information – PTC, Inc.
TABLE 115 Key Information – Aras Corporation
TABLE 116 Key information – SAS Institute, Inc.
TABLE 117 Key Information – Parasoft Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisitions and Mergers : 2018, Jun – 2023, Jan) Leading Players
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Jun – 2023, Feb) Leading Players
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 SWOT Analysis: SAP SE
FIG 10 Swot analysis: Siemens AG
FIG 11 Recent strategies and developments: Dassault Systemes SE
FIG 12 Recent strategies and developments: Autodesk, Inc.
FIG 13 Recent strategies and developments: PTC, Inc.