Latin America Quality Management Software Market Size & Outlook

The quality management software market in Latin America is expected to reach a projected revenue of US$ 1,448.2 million by 2030. A compound annual growth rate of 11.3% is expected of Latin America quality management software market from 2024 to 2030.
Revenue, 2023 (US$M)
$682.9
Forecast, 2030 (US$M)
$1,448.2
CAGR, 2024 - 2030
11.3%
Report Coverage
Latin America

Latin America quality management software market highlights

  • The Latin America quality management software market generated a revenue of USD 682.9 million in 2023.
  • The market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
  • In terms of segment, on-premise was the largest revenue generating deployment in 2023.
  • Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 682.9 million
Market revenue in 2030USD 1,448.2 million
Growth rate11.3% (CAGR from 2023 to 2030)
Largest segmentOn-premise
Fastest growing segmentCloud
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOn-premise, Cloud
Key market players worldwideDassault Systemes SE, Hexagon AB ADR, Ideagen, Intelgenx Technologies Corp, MasterControl, Microsoft Corp, Oracle Corp, IQVIA Holdings Inc, Rockwell Automation Inc, SAP SE, Siemens AG, Sparta Systems, Veeva Systems Inc Class A, Arena Solutions, UNIPOINT, Cority, MetricStream


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.7% of the global quality management software market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,953.9 million by 2030.

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Quality Management Software Market Scope

Quality management software market segmentation & scope

Quality Management Software Market Companies

Name Profile # Employees HQ Website

Latin America quality management software market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to quality management software market will help companies and investors design strategic landscapes.


On-premise was the largest segment with a revenue share of 57.45% in 2023. Horizon Databook has segmented the Latin America quality management software market based on on-premise, cloud covering the revenue growth of each sub-segment from 2018 to 2030.


Various governments such as Argentina, Brazil, and Colombia have established national Quality Assurance (QA) systems for the development of industries. Moreover, most of the Latin American medical and hospital associations demand compliance-based products and services from the healthcare industry. 

Such a regulatory regime in the region is the major propeller of QMS solutions market growth. As most industries that use QMS are involved in manufacturing or services provisioning, complaint handling is the most dominant segment. 

In June 2022, Prassarini Group, a healthcare regulatory company adopted the ISO 13485 regulation for manufacturing industries. The ISO 13485 is a voluntary standard published by the International organization. ISO 13485 meets all regulations, is implemented in many countries, including Brazil. Most of the Brazil’s businesses are SMEs.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America quality management software market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America quality management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America quality management software market size, by country, 2018-2030 (US$M)

Latin America Quality Management Software Market Outlook Share, 2023 & 2030 (US$M)

Latin America quality management software market size, by country, 2018-2030 (US$M)

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