/ Blog / Douglas Insights Incorporates Research Reports from the Construction Quality Management Software Market

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08 October 2022

Douglas Insights Incorporates Research Reports from the Construction Quality Management Software Market

As the construction industry is flourishing globally, the demand for quality management software (QMS) is at an all-time high. These programs allow users to create, develop, manage, and execute construction management plans effectively by defining project goals, budget and scope. They help with quality planning, assurance, and control. By using these software programs, industry players can achieve their goals while ensuring construction industry compliance. 

 

Moreover, due to the increasing demand for these software programs worldwide, analysts have amped up their analytical work to ensure they have the best insights to create highly-functional and feature-rich programs for end-users. Hence, looking at the increasing demand for quality management software programs in the construction industry, Douglas Insights has simplified things by including research reports from the industry in their comparison engine.

 

It is the world’s first comparison engine that enables users to evaluate research studies from across the globe. The reports can be compared to find valuable insights for better decision-making and investments that generate high returns. Studies show that the construction QMS (quality management software) market is expected to grow at a compound annual growth rate of 8.6 per cent from 2022 to 2028.

 

The surge in demand for QMS software in the construction industry is owed to multiple factors. These include adopting real-time management software and cloud technology, which is expected to boost the demand for construction quality management software during the forecast period.

 

Another market growth driver is the need to comply with the strict quality management standards and specifications like ISO 9001, IATF 16949, and AS9100 Rev D. Construction industry players must conform to these standards to ensure process effectiveness, improve productivity and achieve customer satisfaction. Construction management software is used as a tool for project optimization. It has multiple features like quality management, materials management, document management, and cost management, which enables users to plan and execute their projects efficiently while meeting the highest quality standards with minimal effort.

 

Moreover, the construction quality management software market growth is also linked to COVID-19. Though the COVID-19 outbreak resulted in a massive financial crisis impacting trade and construction projects globally, it has compelled organizations to think outside the box. This is precisely why industry players are now investing in quality management software programs to curtail cost, maintain operational continuity, and automate processes to complete tasks more efficiently while saving time and money. They are focused on creating and developing programs to integrate automation and optimize construction processes for best results and quality compliance.

 

The construction quality management software industry is divided into two categories — organic and inorganic. Some industry players focus on organic strategies like product approvals, launches, and patents, while others focus on inorganic strategies such as collaborations and acquisitions. Both strategies have paved the way for lucrative construction software development opportunities. 

 

Industry players like Oracle Corp, Sage Group Plc, Trimble Inc, Computer Methods International Corp, and Odoo SA are making the most of it by continuously investing in research and development to gain valuable insights for creating software programs that can help the construction industry tap lucrative opportunities,  speed processes, and ensure project completion without compromising on quality.

 

North America is the dominating region for QMS programs, followed by Europe, APAC, MEA, and South America. Industry players can rely on the Douglas Insights comparison engine to compare and evaluate research reports from across the globe and use the insights to determine future market trends and opportunities.

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