Quality and Lifecycle Management Software Market research report by Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), Industry Vertical (Automotive & Transport, Healthcare & Manufacturing), By Geography Scope and Forecast 2024 to 2030
Quality and Lifecycle
Management software market was valued at USD 26.78 billion in 2024 and is
projected to reach USD 43.76 billion by 2030, growing at a CAGR of 7.6% from
2025 to 2030
Quality and Lifecycle Management Software Market Growth In
Upcoming Years
The
Quality and Lifecycle Management Software Market is one of the essential businesses’
components, which are the operations that ensure their products meet the
highest standards and comply with regulations throughout their lifecycle. Such
software includes a wide range of tools and solutions aimed at simplifying
processes, facilitating collaboration, and improving product quality. Quality
and lifecycle management software is a tool that follows the different stages
of the cycle from product design and development to manufacturing and
after-sales service to make the process error-free and efficient to the utmost
extent.
The market will have a tremendous growth potential in a forecast
period as companies will be focusing more on quality assurance and product
lifecycle management optimization. The future of such an industry is heavily dependent
on the implementation of innovative technologies like the Internet of Things,
Artificial Intelligence, and Machine
Learning to open up new possibilities for real-time monitoring, predictive
analytics, and quality control in a proactive manner.
To sum up, the Quality and
Lifecycle Management Software Market is an inclusive platform presenting the
essential tools and technologies that lead to quality and efficiency in
different sectors. As businesses would not stop compromising on quality and
adhering to the rules, this market will be experiencing very brisk progression
and innovations to grapple with the challenges and take advantage of the
opportunities arising.
Top Vendors in the Quality and Lifecycle Management Software Market
The Quality and Lifecycle
Management Software Market Key Players Include SAP, Oracle, Siemens, IBM, Microsoft, Autodesk, Dassault Systèmes, Parasoft, Intelex, SAS Institute, Arena Solutions,
Aras Corporation, PTC, Atlassian, and ComplianceQuest.
New Developments
Oracle Corporation
In March 2025, Oracle announced that LSK Global Pharma
Services selected Oracle Argus for safety-case management across the clinical
development lifecycle. While this is life-sciences rather than classic
manufacturing PLM, lifecycle management is the theme.
Siemens AG
Siemens announced its plan (Oct 2024) to acquire Altair
Engineering Inc. for US $10.6 billion, to bolster its digital software
portfolio (industrial software, simulation/PLM) targeting mid-/long-term
growth.
In April 2025, Siemens announced acquiring Dotmatics Ltd for
US $5.1 billion, to expand its life-sciences and R&D software footprint and
strengthen its PLM solution under the “Xcelerator” brand.
IBM
In May 2025, IBM announced an enterprise “Gen AI revolution”
push with hybrid cloud capabilities, enabling enterprise AI agent deployment,
integration of enterprise data, etc.
In February 2024 and October/Nov 2024, IBM issued “Software
Support Proactive Lifecycle” updates listing end-of-support, etc., reflecting
lifecycle-management practices for its software portfolio.
Microsoft Corporation
specific recent public headline in 2024–2025 explicitly
framed around “Quality & Lifecycle Management Software (QLM/PLM)” for
Microsoft in the sources I reviewed.
However, Microsoft is listed in various market-reports as a
key player for lifecycle/quality management software (see turn0search8).
Market Dynamics
Growth Drivers
· There
is an increasing demand for well-organized quality management systems that are
capable of ensuring regulatory compliance and satisfying the expectations of
customers.
·
In an effort to improve quality and lifecycle
management (LM) processes, companies are embracing cutting-edge technologies
such as AI and machine learning.
·
Continuous focus on product innovation and
development has been emphasized as a key factor for keeping the competitive
advantage in the market.
·
The primary requirement of quality and lifecycle
management (LM) software is to be seamlessly integrated with the existing
enterprise systems for smooth operations.
·
The growth of manufacturing industry coupled
with the emergence of Industry
4.0 is acting as a major driving force for the demand of robust software
solutions in the market.
·
Such expansion drivers will have a significant
impact on the future development of the Quality and Lifecycle Management
Software Market, thus, leading to the introduction of new innovations and
higher efficiency across various industries.
Restraints
High
initial costs for implementation: A company, being a firm, might face
monetary limitations when it decides to purchase quality and lifecycle
management software, thus the rate of adoption will be low.
Resistance to change:
Some organizations might find it extremely difficult to abandon their old
methods and adopt digital solutions, therefore, the implementation of the
project may be postponed.
Difficulty in
integration: From a technical point of view, the integration of quality and
lifecycle management software into the current systems and processes can be a
complex task, which may lead to issues in compatibility.
Deficiency of skilled
professionals: The shortage of adequately trained personnel who are skilled
in the use of quality and lifecycle management software may be a barrier to the
successful implementation and as well as the software utilization in organizations.
Quality and Lifecycle Management Software Market Country-wise
Insights
North America
The Quality and Lifecycle Management
Software Market in North America and its subregions is expected to maintain its
upward trajectory in the coming years. The growth is forecasted to be supported
by the increasing GDP and the low inflation rates. Specifically, in the US, a
government subsidy targeting tech companies that implement sustainable
practices is the main driver that leads to software adoption. Online sales are
the major channel for these products, while the most rapidly expanding channel
is through strategic partnerships with industry leaders.
Consumers in Canada are focusing on the ethical sourcing of
products, thus sustainability is something that they cannot do without. As for
emerging markets such as Mexico, consumer preferences are still largely
influenced by price and social status rather than by sustainability or localism.
To sum up, the North American region is a great example of an intricate
environment for the Quality and Lifecycle Management Software market where
different subregions have different consumer preferences and market trends.
Asia Pacific
The Quality and Lifecycle Management
Software Market in Asia Pacific is expected to undergo considerable expansion
over the next few years, this being mainly attributed to the region’s strong
GDP Growth and moderate Inflation Rate. A vivid example of that is Southeast
Asia, where the market is profoundly affected by a specifically designed
government subsidy that aims at digital transformation in manufacturing
industries and consequently at quality management solutions adoption.
Software distribution of such kind is mainly achieved
through collaboration with local IT service providers, whereas direct online
sales represent the fastest-growing channel in the region.
Consumers in Asia Pacific are becoming more and more
conscious of the environment and the need for ethical sourcing, which has
thereby turned into prerequisites for the majority of them. Nevertheless, in a
few emerging markets where price and status still have the upper hand in
consumer preferences, companies have to strike a balance between these factors
and affordability as well as the perceived value.
Europe
The Quality and Lifecycle Management
Software Market in Europe is expected to be a major factor of the regional
economy in the next years, with a gradual increase of GDP Growth and fairly
stable inflation rates in most countries of the region. Germany, as one of the
main local influences on the market, is showing the impact of the government’s
heavy emphasis on the Industry 4.0 program by supporting firms that adopt
advanced software solutions. Most software sales on the continent are conducted
through online platforms, whereas the quickest-growing channel is via
establishing cooperation with IT service providers. Europe consumers are
becoming more and more demanding in terms of sustainability and ethical
sourcing, which are becoming must-have features for products. On the other
hand, in transition markets such as Eastern Europe, price and status still have
the greatest influence on consumer preferences, thus giving companies the
chance to offer solutions at prices that will be attractive to consumers.
Middle East and Africa
For the Quality and Lifecycle Management
Software Market in the Middle East and Africa and its subregions, the GDP
Growth that is projected is a key factor for the expansion of the market. The
inflation rate is a major factor that influences the price of goods. For
instance, in South Africa, a government subsidy for businesses that adopt
innovative technologies is a local driver that affects the product. B2B
partnerships are the main channel here, whereas the fastest-growing channel is
direct-to-consumer sales via online platforms. Consumers place a high value on
sustainability and ethical sourcing, thus, these have become essential for
product acceptance. In the case of developing markets such as Nigeria, the
price/status still mainly influence the purchasing decisions, however, the
trends are gradually changing towards more responsible consumption.
Key Market Segments: Quality and Lifecycle Management Software
Market
Quality and Lifecycle
Management Software Market, By Organization Size
- Small
and Medium-sized Enterprises (SMEs)
- Large
Enterprises
Quality and Lifecycle Management Software Market, By Industry
Vertical
- Automotive
& Transport
- Healthcare
& Manufacturing
- Consumer
Goods & Retail
- Aerospace
& Defense
- Industrial
Manufacturing
- IT
& Telecom
- Others
(Hospitality, Construction, and Energy & Utilities)
Quality and Lifecycle Management Software Market, By Geography
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle
East and Africa
Frequently Asked Questions with Answers
What Is the Worth of Global Quality and Lifecycle Management
Software Market?
The global Quality
and Lifecycle Management Software Market is projected to grow at a 7.6% CAGR
from 2024 to 2030, reaching a value of over USD 43.76 billion by 2030.
What Is the Size of the North America Quality and Lifecycle
Management Software Industry?
North America leads
the fastest-growing Quality and Lifecycle Management Software Market ,
accounting for over 35.4% of global revenue in 2023 due to rising income,
expanding sectors, and domestic demand.
What Are Some of the Market’s Driving Forces?
The Quality and
Lifecycle Management Software industry is expanding due to the growing demand
for diamond coated medical devices, metal cutting oils, mechanical and
electronic equipment in developing markets like Europe and North America, as
well as emerging economies like India, China, Thailand, Indonesia, Brazil, and
Argentina.
Which Are the Top Companies Hold the Market Share in Quality and
Lifecycle Management Software Market ?
The report profiles
key players such as SAP, Oracle, Siemens, IBM, Microsoft, Autodesk, Dassault
Systèmes, Parasoft, Intelex, SAS Institute, Arena Solutions, Aras Corporation,
PTC, Atlassian, and ComplianceQuest.
Which Is The Largest Regional Market For Quality and Lifecycle
Management Software Market ?
The North America Quality and Lifecycle Management Software Market is rapidly expanding due to the availability of cheap labor and affordable raw resources, attracting significant international investment and driving market expansion.
Key
insights provided by the report that could help you take critical strategic
decisions?
- Regional reports analyse product/service
consumption and market factors in each region.
- Reports highlight possibilities and dangers
for suppliers in the Quality and Lifecycle Management Software Market
business globally.
- The report identifies regions and sectors with
the highest growth potential.
- It provides a competitive market ranking of
major companies, as well as information on new product launches, partnerships,
business expansions, and acquisitions.
- The report includes a comprehensive corporate
profile with company overviews, insights, product benchmarks, and SWOT
analysis for key market participants.
Customization: We
can provide following things
1) On request more company profiles
(competitors)
2) Data about particular country or
region
3) We will incorporate the same with
no additional cost (Post conducting feasibility).
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Table of Content
1.Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Report
1.4 Research Methodology
- Market Overview
2.1 Market Dynamics
2.1.1 Drivers
2.1.2 Restraints
2.1.3 Opportunities
2.2 Industry Trends
2.3 Regulatory Landscape
- Segment Analysis
3.1 Quality Management Software (QMS)
3.1.1 Description
3.1.2 Significance
3.2 Product Lifecycle Management (PLM)
3.2.1 Description
3.2.2 Significance
3.3 Environmental, Health, and Safety (EHS) Management
3.3.1 Description
3.3.2 Significance
3.4 Compliance Management Software
3.4.1 Description
3.4.2 Significance
3.5 Document Management Software
3.5.1 Description
3.5.2 Significance
3.6 Risk Management Software
3.6.1 Description
3.6.2 Significance
3.7 Supply Chain Quality Management
3.7.1 Description
3.7.2 Significance
- Market Size and Deployment Models
4.1 Cloud-Based QLM Software
4.2 On-Premises QLM Software
- Industry Verticals
5.1 Manufacturing
5.2 Healthcare
5.3 Aerospace and Defense
5.4 Automotive
- Emerging Technologies
6.1 Integration with IoT
6.2 Artificial Intelligence (AI) and Analytics
- Regional Analysis
7.1 North America and Europe
7.2 Asia-Pacific
7.3 Latin America
7.4 Middle East and Africa
- Key Players
8.1 Dassault Systèmes
8.2 Siemens AG
8.3 SAP SE
8.4 Oracle Corporation
8.5 Other Major Players
- Conclusion
1o. Appendix
10.1 Market Share Analysis
10.2 Glossary
10.3 Methodology
10.4 Contact Information
List of Figures
Figure 1: Global Quality and Lifecycle Management Software Market Overview
1.1 Market Size and Growth (USD Billion)
1.2 CAGR (Compound Annual Growth Rate)
Figure 2: Market Dynamics
2.1 Drivers Impacting the Market
2.2 Restraints Impacting the Market
2.3 Opportunities in the Market
Figure 3: Industry Trends
3.1 Adoption of Emerging Technologies
3.2 Shifts in Regulatory Landscape
Figure 4: Quality Management Software (QMS) Segment Analysis
4.1 Market Size of QMS Segment
4.2 QMS Adoption Trends
Figure 5: Product Lifecycle Management (PLM) Segment Analysis
5.1 Market Size of PLM Segment
5.2 PLM Integration Across Industries
Figure 6: Environmental, Health, and Safety (EHS) Management Segment Analysis
6.1 Market Size of EHS Management Segment
6.2 EHS Compliance Trends
Figure 7: Compliance Management Software Segment Analysis
7.1 Market Size of Compliance Management Segment
7.2 Compliance Management Solutions Adoption
Figure 8: Document Management Software Segment Analysis
8.1 Market Size of Document Management Segment
8.2 Document Control and Versioning Trends
Figure 9: Risk Management Software Segment Analysis
9.1 Market Size of Risk Management Segment
9.2 Risk Identification and Mitigation Strategies
Figure 10: Supply Chain Quality Management Segment Analysis
10.1 Market Size of Supply Chain Quality Management Segment
10.2 Supplier Collaboration Trends
Figure 11: Market Size and Deployment Models
11.1 Adoption Trends of Cloud-Based QLM Software
11.2 On-Premises Deployment Models
Figure 12: Industry Verticals Analysis
12.1 Quality Management in Manufacturing
12.2 Healthcare Compliance and Quality Assurance
12.3 Aerospace and Defense PLM Implementation
12.4 Automotive Product Lifecycle Management
Figure 13: Emerging Technologies Impact
13.1 Integration with IoT in QLM Software
13.2 Role of AI and Analytics in Quality Assurance
Figure 14: Regional Analysis
14.1 Market Share by Region
14.2 Regional Growth Trends
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