Global Inspection Management Software Market Overview
According to SPER Market Research, the Global Inspection Management Software Market is estimated to reach USD 25.82 billion by 2032 with a CAGR of 11.76%.
Inspection management is a quality control procedure that incorporates an automatic inspection process measuring, evaluating, and reviewing data against standard requirements to make sure that the submitted data complies with the most recent standards and is secure. The company employs inspectors who oversee all of the inventory and raw material supply for the business.The visual platform provided by the Inspection Management Software is a full circle with asset pins on the same screen as the digital floor plans, making it simple to locate each inspection stop and creating automatic inspection schedules.Information on clients, locations, work orders, and audit scheduling activities are organized and classified by inspection management software. Software for inspection management helps businesses of all sizes save time and improve profitable client engagement.The market for inspection management software is expanding as a result of an increase in the adoption of corporate automation processes for seamless inspection. The market for inspection management software is also being supported by the spike in demand for streamlining inspection duties and the existence of regulatory criteria for product safety and environmental protection.
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Impact of COVID-19 on the Global Inspection Management Software Market
During the COVID-19 pandemic, the market for inspection management software is currently suffering negative growth as a result of supply-related restrictions and the implementation of lockdown measures to stop the spread of the infection. However, due to the rise in demand for cloud-based solutions in end-use sectors and the increased accessibility of remote inspection and virtual inspection solutions, the market for inspection management software will expand at a high rate over the long term.
The market for inspection management software has shown rapid expansion in recent years, but it is predicted that it will experience a minor decline in 2020 as a result of the COVID-19 pandemic's outbreak. This is due to the enactment of lockdown by government authorities in a number of nations and the worldwide suspension of trade and travel in an effort to stop the spread of the virus. After the COVID-19 pandemic scenario has passed and the economy has recovered, the inspection management software market is projected to thrive in the years to come. Additionally, a lot of businesses have used new approaches, like business growth and the introduction of new products, to assist end users in their seamless inspection work at these vital moments. In the coming years, the market growth will be significantly boosted by these new strategic activities following the epidemic.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Component, By Deployment Mode, By Organization Size, By vertical
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Aras Corporation, Arena Solution Inc, Autodesk Inc, Dassault System SE, Ideagen Plc, Industrial Quality Service Inc, Intelex Technologies Inc, MetricStream Inc, Oracle Corporation, Pilgrim Quality Solutions, Plex System Inc, SAP SE, Siemens AG, Unipoint Software Inc
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Global Inspection Management Software Market Segmentation:
1. By Component:
2. By Deployment Mode:
3. By Organization Size:
4. By Vertical:
- Aerospace and Defence
- Automotive
- Chemical
- Consumer Goods and Retail
- Energy and Logistics
- Healthcare and Lifesciences
- Manufacturing
- Telecom
- Others
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Inspection Management Software Market (FY’2019-FY’2032)
- Overview of Global Inspection Management Software Market
- Segmentation of Global Inspection Management Software Market By Component (Solution, Services)
- Segmentation of Global Inspection Management Software Market By Deployment Mode ( Cloud, On-premise)
- Segmentation of Global Inspection Management Software Market By Organization Size (Large Enterprises, SMEs)
- Segmentation of Global Inspection Management Software Market By Vertical (Aerospace and defence, Automotive, Chemical, Consumer Goods and Retail, Energy and Logistics, Healthcare and Life sciences, Manufacturing, Telecom, Others)
- Statistical Snap of Global Inspection Management Software Market
- Growth Analysis of Global Inspection Management Software Market
- Problems and Challenges in Global Inspection Management Software Market
- Competitive Landscape in the Global Inspection Management Software Market
- Impact of COVID-19 and Demonetization on Global Inspection Management Software Market
- Details on Recent Investment in Global Inspection Management Software Market
- Competitive Analysis of Global Inspection Management Software Market
- Major Players in the Global Inspection Management Software Market
- SWOT Analysis of Global Inspection Management Software Market
- Global Inspection Management Software Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Inspection Management Software Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Inspection Management Software Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Inspection Management Software Market
7. Global Inspection Management Software Market, By Component, 2019-2032 (USD Million)
7.1 Solution
7.2 Services
8. Global Inspection Management Software Market, By Deployment Mode, 2019-2032 (USD Million)
8.1 Cloud
8.2 On-Premise
9. Global Inspection Management Software Market, By Organization Size, 2019-2032 (USD Million)
9.1 Large Enterprises
9.2 SMEs
10. Global Inspection Management Software Market, By Vertical, 2019-2032 (USD Million)
10.1 Aerospace and Defence
10.2 Automotive
10.3 Chemical
10.4 Consumer Goods and Retail
10.5 Energy and Logistics
10.6 Healthcare and Lifesciences
10.7 Manufacturing
10.8 Telecom
10.9 Others
11. Global Inspection Management Software Market, By Region, 2019-2032 (USD Million)
11.1 Global Inspection Management Software Market Size and Market Share by Region (2019-2025)
11.2 Global Inspection Management Software Market Size and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12.Company Profiles
12.1 Aras Corporation
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Arena Solution Inc.
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Autodesk Inc.
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 Dassault System SE
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 Ideagen Plc
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 Industrial Quality Services inc.
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 Intelex Technologies Inc.
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8 Mastercontrol Inc.
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9 MetricStream Inc.
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10 Oracle Corporation
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent developments
12.11 Pilgrim Quality Solutions
12.11.1 Company details
12.11.2 Financial outlook
12.11.3 Product summary
12.11.4 Recent developments
12.12 Plex System Inc.
12.12.1 Company details
12.12.2 Financial outlook
12.12.3 Product summary
12.12.4 Recent developments
12.13 SAP SE
12.13.1 Company details
12.13.2 Financial outlook
12.13.3 Product summary
12.13.4 Recent developments
12.14 Siemens AG
12.14.1 Company details
12.14.2 Financial outlook
12.14.3 Product summary
12.14.4 Recent developments
12.15 Unipoint Software Inc.
12.15.1 Company details
12.15.2 Financial outlook
12.15.3 Product summary
12.15.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
