How Big is the QMS Market | Industry Analysis, Trends & Forecast 2031

How Big is the QMS Market?

According to 6Wresearch internal database and industry insights, the QMS (Quality Management System) Market was estimated at USD 10.2 billion in 2024 and is projected to reach USD 18.5 billion by 2031, expanding at a CAGR of 8.7% during the forecast period 2025-2031.

There are numbers of factors which are contributing in the expansion of the market include increasing demand for efficient quality management processes across industries, rising adoption of automation, and the need for regulatory compliance.

 Key Growth Drivers of the QMS Market

•  The need for superior products in the service and manufacturing sectors
•  Using digitalization and automation in quality management procedures
•  Growing significance of adhering to industry regulations
•  AI and machine learning integration in quality control systems
•  Raising awareness of the advantages of using real-time data for quality control

QMS Market Trends

The QMS Market is set to grow with significant trends such as the adoption of AI and machine learning for predictive quality analysis and automation of testing processes. Cloud-based QMS solutions are being adopted by more industries due to their scalability and flexibility, which lowers implementation costs and enhances team collaboration.  Industry-specific quality management system solutions that are suited to the requirements of industries like manufacturing, healthcare, and automobiles are also becoming more in demand.  For effective quality management, real-time data analytics and integration with other enterprise systems are also crucial. Moreover, the rising focus on regulatory compliance and risk management is further accelerating the adoption of advanced QMS solutions.

Emerging Developments in the QMS Market

Emerging developments in the QMS Market include the incorporation of AI-driven tools that enhance data accuracy and predictive capabilities. Connected quality management solutions have become more popular as a result of the increasing need for IoT-enabled devices in quality monitoring.  Additionally, automated workflows are more prevalent, which minimizes manual intervention and guarantees faster reaction times. The expanding application of blockchain technology to ensure data security and integrity in the market.  The developments in making quality management systems more accurate, economical, and efficient. Furthermore, these developments are increasing the accuracy, economy, and efficiency of quality management systems and promoting their adoption in a variety of industries.

List of Leading Companies in the QMS Market

Some of the leading companies include:

• SAP
• Oracle
• IBM
• Microsoft
• Dassault Systèmes
• Siemens
• MasterControl

Frequently Asked Questions About the Market Study (FAQs):