Electronic Quality Management (eQMS) Market by Solution (Supplier Quality Management, Audit Management, Complaint Handling, Document Control, Non-Conformances/Corrective & Preventative), by Development Type (Cloud and On Premise), by End Users (IT and Telecom, Transportation and Logistics, Consumer Goods and Retail, Healthcare and Life Sciences, Aerospace and Defense ), By Size (Small and Medium Enterprises (SMEs), Large Enterprises), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa): Global Opportunity Analysis and Industry Forecast, 2023-2031
- Published Date: December, 2023 | Report ID: CLS-2087 | No of pages: 250 | Format:
The Global Electronic Quality Management (EQNS) market was valued at $XX million in 2022. It is projected to grow at a CAGR of XX% from 2023 to 2031 and reach more than $XX million by the end of 2031.
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Report Coverage |
Details |
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Base Year Considered |
2022 |
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Forecast Period |
2023–2031 |
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Market Size in 2022 |
USD XX Billion |
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2031 Value Projection |
USD XX Billion |
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Forecast Period |
2023-2031 |
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CAGR (%) |
XX% |
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Historical Data |
2018-2021 |
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Segments Covered |
By Solution, By Development Type , By End User, By Size and Region |
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No of Pages |
XX |
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Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
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Market Drivers |
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Pitfalls & Challenges |
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Electronic Quality Management (eQMS) Market Analysis:
An electronic quality management system (eQMS) or enterprise quality management system is software that documents and manages business processes for product development, quality, and compliance across the entire organization. It is typically designed with a cloud-based IT infrastructure and data model which facilitates cross-functional communication and collaboration. the Electronic Quality Management System (eQMS) market continued to grow as organizations across various industries recognized the need for efficient and compliant quality management processes. The eQMS market was experiencing steady growth driven by factors such as increasing regulatory compliance requirements, globalization, and the need for streamlined quality control and assurance processes.
Stricter regulatory requirements in industries such as healthcare, pharmaceuticals, manufacturing, and food and beverages were a primary driver for eQMS adoption. These systems helped organizations ensure compliance and adhere to quality standards. eQMS solutions were adopted to automate and streamline quality management processes, leading to increased efficiency, reduced errors, and enhanced productivity. This was particularly important in highly regulated industries. Companies with global operations sought standardized quality management processes and systems to maintain consistency across multiple locations and geographies.
eQMS systems incorporated data analytics and business intelligence tools, enabling organizations to gain insights into quality performance and make data-driven decisions for continuous improvement. Integration of risk management capabilities within eQMS solutions helped organizations identify and mitigate quality-related risks effectively. eQMS solutions were increasingly integrated with supply chain management systems to ensure end-to-end quality control throughout the supply chain.Integrating eQMS with existing IT systems and databases can be complex and may require careful planning and expertise. The eQMS market is expected to continue evolving as organizations prioritize quality management, compliance, and operational efficiency.
In 2020, Texas Instruments Incorporated., originated a new family of low-noise DC/DC switching regulators comprising of integrated ferrite-bead compensation. The regulators fabricated by the company save power and board space and also eliminates noise.
In 2019, Analog Devices originated a new front-end sensor interface IC that allows the next generation of intelligent electrochemical sensors for medical usages. The AD5940 analog front end consolidates both potentiostat, and electrochemical impedance spectroscopy (EIS) functions on a single chip, providing sensor measurement in both time and frequency domains.
Electronic Quality Management (eQMS) Market Trends:
eQMS adoption was expanding beyond traditionally regulated industries like healthcare and pharmaceuticals. Organizations in manufacturing, food and beverages, aerospace, and other sectors were recognizing the benefits of eQMS in ensuring product quality and regulatory compliance. Cloud-based eQMS solutions continued to gain popularity due to their scalability, flexibility, and cost-effectiveness. Organizations were moving away from on-premises systems toward cloud-based platforms to access real-time data and reduce IT infrastructure costs.
The COVID-19 pandemic accelerated the need for remote work capabilities. eQMS providers were focusing on enhancing mobile access and remote collaboration features to enable quality management tasks from anywhere. Integration with enterprise resource planning (ERP) and manufacturing execution systems (MES) became more critical. Organizations sought seamless data exchange between systems to improve visibility and control over quality-related processes. eQMS solutions were incorporating advanced analytics and artificial intelligence (AI) capabilities to provide predictive and prescriptive insights into quality data. This helped organizations proactively identify issues and optimize processes.
Enhanced supplier quality management modules were integrated into eQMS platforms to ensure the quality of materials and components sourced from suppliers. This was critical for maintaining product quality and compliance. As part of broader digital transformation initiatives, organizations were using eQMS solutions to digitize and automate quality processes, reducing manual paperwork and improving efficiency. Keeping up with evolving regulatory requirements remained a driving force behind eQMS adoption. Providers were continuously updating their systems to address changing compliance standards. Improved user interfaces and user experiences were a focus for eQMS providers. User-friendly dashboards and intuitive workflows aimed to enhance user adoption and productivity.
Organizations were increasingly concerned about environmental sustainability. eQMS systems were adapted to help manage environmental compliance and sustainability reporting. eQMS solutions were supporting cross-functional collaboration, enabling quality teams, production, and other departments to work together seamlessly to address quality issues. eQMS platforms were designed to facilitate continuous improvement initiatives, helping organizations identify areas for enhancement and track the effectiveness of corrective and preventive actions (CAPA).
Electronic Quality Management (eQMS) Solution Type Segmentation:
Based on Solution Type the market is Supplier Quality Management, Audit Management, Complaint Handling, Document Control, Non-Conformances/Corrective & Preventative: Supplier Quality Management (SQM) looks after Supplier Performance Evaluation, Supplier Audits and Assessments, Supplier Collaboration and Communication, Supplier Risk Management. Audit Management looks after Internal Audits, External Audits, Regulatory Audits, Audit Planning and Scheduling, Audit Reporting and Corrective Actions. Complaint Handling looks after Customer Complaints, Product Quality Complaints, Complaint Investigation, Complaint Resolution and Reporting, Trend Analysis. Document Control Looks after Document Version Control, Document Approval and Review, Document Access and Distribution, Document Change Requests, Document Metadata and Search. Non-Conformances and Corrective & Preventive Actions (CAPA) looks after Non-Conformance Reporting, Root Cause Analysis, Corrective Action Plans, Preventive Action Plans, CAPA Effectiveness Monitoring.
Electronic Quality Management (eQMS) By Development Type Segmentation:
Based on Development Type the market is divided into Cloud and On premise. On-Premises Deployment-The eQMS software is installed and hosted on the organization's own servers and IT infrastructure. It is maintained, updated, and managed by the organization's IT team. High level of control and customization, suitable for organizations with strict data security and compliance requirements. Cloud-Based Deployment- The eQMS software is hosted on remote servers and accessed via the internet. It is maintained and updated by the eQMS vendor or a third-party cloud service provider. Scalability, accessibility from anywhere, reduced IT infrastructure costs, automatic updates, and high availability.
Electronic Quality Management (eQMS) By End User Segmentation:
Based on end Users the market is divided into IT and Telecom, Transportation and Logistics, Consumer Goods and Retail, Healthcare and Life Sciences, Aerospace and Defense. Information Technology (IT) and Telecommunications looks after IT Service Providers, Telecommunication Companies, Software Development Firms. Transportation and Logistics looks after shipping and Freight Companies, Logistics Service Providers, Airlines and Airports. Consumer Goods and Retail looks after Retail Chains, Consumer Electronics Manufacturers, Apparel and Fashion Retailers, Consumer Packaged Goods (CPG) Companies. Healthcare and Life Sciences looks after Hospitals and Healthcare Providers Pharmaceutical Manufacturers , Medical Device Manufacturers, Biotechnology Companies, Clinical Research Organizations.
Electronic Quality Management (eQMS) By Size Segmentation:
Based on Size the market is Small and Medium Enterprises (SMEs), Large Enterprises: Small and Medium-sized Enterprises (SMEs):Small businesses with fewer than 500 employees, Medium-sized businesses with 500 to 1,000 employees, SMEs typically have more streamlined processes and fewer regulatory compliance requirements compared to larger enterprises. Large Enterprises: Organizations with over 1,000 employees.Large enterprises often have complex operations, multiple locations, and more extensive quality management needs.
Electronic Quality Management (eQMS) Market Leaders
- Arena Solutions, Inc.
- Cority Software Inc.
- Dassault Systemes SE
- EtQ Management Consultants, Inc.
- Ideagen Plc.
- Intelex Technologies
- MasterControl, Inc.
- MetricStream, Inc.
- Microsoft Corporation
- Oracle Corporation
- Pilgrim Quality Solution
- Plex Systems, Inc.
- Veeva Systems
These companies contribute significantly to the growth and innovation within the Electronic Quality Management System (eQMS) market, offering a wide range of solutions to meet the diverse needs of the biopharmaceutical, biotechnology, and research industries.
- In 2022, Promaxo Inc., a medical imaging, robotics, and artificial intelligence (AI) technology company, declared the sale of its in-office MRI system to Kasraeian Urology.
- In 2021, Philips enlarged the artificial intelligence-driven CT imaging portfolio at the Radiological Society of North America (RSNA).