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According to MarketsandMarkets, the size of the worldwide QLM software market is anticipated to increase at a compound annual growth rate (CAGR) of 7.2% from USD 24.6 billion in 2022 to USD 34.9 billion by 2027. Because there are so many passenger cars on the road, there is a growing demand to enhance the driving experience, which is driving up the adoption of QLM software.

Top Mobile Device Management Companies 2024 include

• Aras (US)
• Arena Solutions (US)
• Oracle (US)
• SAP (Germany)
• Micro Focus (UK) and many more…..

To know about the assumptions considered for the study download the pdf brochure

Here's a detailed overview of each company's involvement in the Quality and Lifecycle Management Software Market

Aras Corporation (US) develops and delivers enterprise open-source solutions. The company provides a range of Quality and Lifecycle Management (QLM) software solutions based on an enterprise application framework, a model-based service-oriented architecture built on open web standards for the development of flexible and supportable applications that deploy quickly and adapt easily to evolving business needs. The company also provides consulting services that include pilot, customization, deployment, installation, CAD/ERP applications integration, custom training, data migration, system optimization, and upgrades. Aras Corporation delivers its solutions through license and cloud options. The Aras platform and product lifecycle management applications connect users from all disciplines and functions to critical product data and processes throughout the lifecycle and extended supply chain. The platform is used by Airbus, Audi, Denso, Honda, Kawasaki, Microsoft, Mitsubishi, and Nissan to manage complex change and traceability. The Aras platform is also available as a SaaS offering, which provides the same benefits while allowing organizations to benefit from the cloud's performance, availability, and scalability.

Arena Solutions (US) assists businesses in developing innovative products that change the world. Arena unifies product lifecycle management (PLM) and quality management system (QMS) processes, enabling all stakeholders involved in product development and commercialization to collaborate quickly and effectively. Dispersed teams can use Arena to accelerate the design and delivery of high-quality products. Users can confidently create, control, and collaborate anytime and anywhere with Arena's product lifecycle management (PLM) and quality management system (QMS) solutions. Currently Arena has been acquired by PTC. Arena is intended to assist modern manufacturers in accelerating product development and bringing innovative products to market as quickly as possible. Arena is designed to protect our customers' product and quality information at every level of security. We take a risk-based approach and employ industry-standard protocols and mechanisms throughout our solution, from the physical layer to the policies and application layer.

Oracle Corporation, headquartered in the United States, is a prominent player in the Quality and Lifecycle Management Software Market. Offering a comprehensive suite of enterprise software solutions, Oracle's Quality Management software enables organizations to streamline quality processes, ensure regulatory compliance, and drive continuous improvement across the supply chain. Integrated with Oracle's broader suite of enterprise applications, including ERP and PLM solutions, Oracle's Quality Management software provides end-to-end visibility and control over quality management processes.

SAP, headquartered in Germany, is a global leader in enterprise software, including Quality and Lifecycle Management (QLM) solutions. SAP's Quality Management software helps organizations manage quality processes, inspections, audits, and non-conformances throughout the product lifecycle. Integrated with SAP's ERP and PLM solutions, SAP's Quality Management software enables organizations to optimize quality, reduce costs, and improve customer satisfaction.

Micro Focus, based in the United Kingdom, is a leading provider of Quality and Lifecycle Management (QLM) software solutions. Micro Focus's QLM solutions help organizations manage quality processes, testing, and release management across the software development lifecycle. With capabilities for test automation, defect tracking, and reporting, Micro Focus's solutions enable organizations to deliver high-quality software products efficiently. Integrated with Micro Focus's broader suite of software development and application lifecycle management tools, Micro Focus QLM solutions empower organizations to improve software quality, accelerate time-to-market, and enhance customer satisfaction, making Micro Focus a trusted partner in quality and lifecycle management for software development teams.

Related Reports:

Quality and Lifecycle Management Software Market by Solution (Quality Management and Bill of Material Management), Deployment Mode, Organization Size, Vertical (Automotive & Transport and Industrial Manufacturing) and Region - Global Forecast to 2027