Market revenue in 2023 | USD 388.0 million |
Market revenue in 2030 | USD 636.0 million |
Growth rate | 7.3% (CAGR from 2023 to 2030) |
Largest segment | On-premise |
Fastest growing segment | Cloud |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | On-premise, Cloud |
Key market players worldwide | Dassault 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 |
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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 55.75% in 2023. Horizon Databook has segmented the Middle East & Africa quality management software market based on on-premise, cloud covering the revenue growth of each sub-segment from 2018 to 2030.
The QMS market growth in the region is largely attributed to the stringent regulations and standards followed by the gulf countries in their major petroleum industry and oil & gas industry.
Moreover, the necessity to comply with standards such as ISO 9001:2015, DIN EN 15224, and ISO 14001:2015 in most of the Middle Eastern & African nations has increased the demand for QMS solutions in the manufacturing, healthcare, and transportation segments.
Developed economies, such as Saudi Arabia and the UAE, are expected to contribute significantly toward the growth of the QMS market. Improved healthcare infrastructure, the rising levels of per capita disposable income, and the subsequent increase in expenditures are contributing to the growth of the regional market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa quality management software market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa quality management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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