Inspection Management Software Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018-2028

Published on : May-2019 | List of Tables : 70 | List of Figures : 131 | No. of Pages : 170 | Report Code : FACT2897MR | Format : ppt pdf Excel Word

In Brief

  • The inspection management software exhibited impressive growth at a CAGR of over 11% during 2013-2017. Automation making deep inroads in business ecosystems worldwide is one of the key factors upholding large-scale adoption of inspection management software.
  • Worldwide deployment of inspection management software closed in on revenues worth US$ 741 Mn in 2018, and are further estimated to record strong Y-O-Y growth of over 12% in 2019
  • North America continues to be the leading market for inspection management software in 2019 and beyond. Strong presence of leading vendors and readiness of regional industries to embrace automation is estimated to uphold the regional market growth.
  • East Asia is estimated to be a high growth market for inspection management software through 2028, driven by proliferation of automation in business processes.
global inspection management software market snapshot

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What are the Key Growth Drivers of Inspection Management Software Market?

  • Rising demand for hassle-free streamlining of all the inspection tasks, such as scheduling, creating forms and checklists, recording results, and tracking corrective actions, is pushing the adoption of inspection management software.
  • Rising demand from enterprises to drive productivity has caused a distant move away from the conventional ‘pen & paper’ inspection management. This, in turn, is laying the groundwork for a massive growth of inspection management software market through 2028.
  • Availability of multiple features useful for compiling checklists, creating forms, and tracking plans, is one among the key USPs boosting deployment of inspection management software.
  • Industrial operators facing unreasonable pressure of increased production demands are resorting to automated solutions for seamless inspection management. This, in turn, is likely to work in favor of deployment of inspection management software over the forecast period.
global inspection management software market analysis by no of users

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What are the Key Challenges Faced by Inspection Management Software Vendors?

  • Inspection management software remains prone to data integrity risks, mostly related to security lapses. Since data integrity can be highly counterproductive for organizations irrespective of their size, end users continue to show apprehension with regard to deployment of inspection management software.
  • Multiple enterprises find it difficult to realize the importance of investing in the ‘operation-essential’ inspection management software. Lack of adequate resources to support and handle inspection management software becomes a challenge for the enterprise rather than a differentiator for advantage, thereby creating hindrances for the market growth.

Inspection Management Software Market - Competitive Landscape

  • In 2019, Railroad Software- a leading provider of industry defining software with personalized service from rail experts- announced the launch of its exclusive bridge inspection software with TrackAsset application. This software is aimed at facilitating electronic capture of bridge inspections for the ‘federal railroad administration’ (FRA) compliance. This software enables seamless tracking and visibility for all the chief engineers and bridge managers to track upcoming inspections and generate work orders.
  • In 2019, AsInt Inc. – a leading software vendor- entered into a strategic partnership with Trinity Bridge, a leading consulting company with expertise in asset reliability and integrity. This partnership was aimed at providing high-quality risk assessment and inspection planning solutions to their customer bases and to foster growth via combined expertise.

Konverge Digital Solution Corporation

With official headquarters at Toronto, Ontario, Konverge Digital Solutions Corporation is one of the leading software development companies working with multiple enterprises, medium and large, across Canada and several other regions. Some of the consulting practices of Konverge Digital Solutions include custom software development, mobile & web, business intelligence, and SharePoint.

Penta Technologies, Inc.

Founded in 1968, Penta Technologies, Inc. offers industry-best services for project management and field service for multiple end use industries. The company believes in going beyond the traditional construction ERP software and incorporates advanced practices and approach to serve a large base of customers.

Intelex Technologies Inc.

Founded in 1992, Intelex Technologies Inc. is one of the leading companies in the field of development and support of software solutions for multiple fields, including health, environment, quality (EHSQ), and safety programs. The headquarters of Intelex Technologies Inc. is situated at Toronto, Ontario.

Pilgrim Quality Solutions, Inc.

Founded in 1993, Pilgrim Quality Solutions, Inc. has its official headquarters in Tampa, Florida, United States. The company is a leading provider of enterprise quality management services and software for Life Sciences and several other regulated industries.

ENFOCOM International Corporation

Founded in 1999, ENFOCOM International Corporation is a leading company that specializes in secure application/software development and cyber security. The company closely works with its client base to comprehend their business needs and provide solutions to serve them well.

global inspection management software market analysis & forecast by subs...

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Additional Insight

Inspection Management Software- Enterprises’ Magic Wand to Boost Customer Satisfaction

Inspection management software provides immediate access to all customer information in one platform, including recent & on-going activities, inspection schedules, sites & locations, tickets, and work orders. In addition, inspection management software offers ample scope for enterprises to send comprehensive and actionable reports, along with quotes and photos, to their customers post inspection. Seamless and well-aligned inspection processes leave no room for errors and confusion in the overall work assignment framework, making inspection management software a viable proposition for both small and large enterprises.

Inspection management software helps with considerable savings in terms of time, which can be used by the enterprises to have constructive interaction with their customers. Not to mention, customers always appreciate effectiveness, transparency, and faster turnaround time enabled by such software types, thereby enhancing the visibility of inspection management software.

Research Scope

global inspection management software market taxonomy

Research Methodology

The Fact.MR research study on inspection management software market underlines key intelligence and comprehensive insights instrumental in gauging growth of inspection management software market. In a bid to analyze the inspection management software market for the assessment period, Fact.MR took up a unique methodology and a holistic approach which makes the study on inspection management software market credible and best-of-its-kind. A detailed and extensive secondary research and an in-depth primary research form the base of this report on inspection management software market, wherein valuable insights regarding growth of inspection management software market have been compiled and presented.

Request Research Methodology of this Report.

Inspection Management Software Market – In-Depth Analysis & Opportunity Assessment

The Fact.MR report on inspection management software market offers a panoramic view of the inspection management software landscape, wherein the key dynamic factors influencing market growth have been discussed. The research study on inspection management software market offers a deep dive into the market segmentation. In addition, the report on inspection management software also enunciates on competitive landscape and profiles of key players participating in the inspection management software market.

Chapter 1- Executive Summary

This chapter gives a quick snapshot of the global inspection management software market outlook followed by an in-depth opportunity assessment. In addition, this chapter also offers a detailed view of the analysis and recommendations of experts for the readers to have a better understanding.

Chapter 2- Market Overview

This chapter offers details of the market coverage or taxonomy, wherein the market segmentation is presented in a comprehensible way. This chapter also talks about the market definition, scope, and limitations, which further draws a crystal clear picture of the growth potential of inspection management software.

Chapter 3- Key Market Trends

This chapter in the inspection management software market covers all the major innovations and developments shaping the growth of inspection management software market. This chapter talks about all the overarching trends shaping the growth of inspection management software market.

Chapter 4- Market Background

This chapter gives an overview of the parent market and all the key pointers shaping growth of the inspection management software market. This chapter also includes details on the market dynamics, wherein trends, challenges, opportunities, and drivers have been discussed. In addition, this section also shares a quick overview of the macro-economic factors influencing the market growth.

Chapter 5 - Global Inspection Management Software Market Demand (US$ Mn)

This chapter gives you a detailed comparison of the historical and forecasted global inspection management software market value along with Y-O-Y growth statistics.

Chapter 6- Global Inspection Management Software Market Analysis & Forecast by Subscription Type

This chapter offers a detailed analysis of the inspection management software market by subscription type- monthly and annual subscription. The chapter offers details on the leading segment and the one that is estimated to see highest growth.

Chapter 7- Global Inspection Management Software Market Analysis & Forecast by No. of Users

This chapter in the inspection management software report offers a comprehensive view of the no. of users, including 0-99 Users, 100-499 Users, 500-999 Users, and Over 1,000 Users.

Chapter 8- Global Inspection Management Software Market Analysis & Forecast by Deployment

This chapter in the inspection management software market report gives a detailed analysis of the market analysis by deployment nature, including web based/ cloud and on-premises.

Chapter 9- Global Inspection Management Software Market Analysis & Forecast by Industry

This chapter gives details about the inspection management software market analysis by industry type, including Agriculture & Mining, Automotive & Transportation, Chemical & Petrochemicals, Consumer Products, and others.

Chapter 10- Global Inspection Management Software Market Analysis & Forecast by Region

This chapter gives intrinsic details about the inspection management software markets across key regions, including North America, Latin America, Europe, MEA, East Asia, South Asia, and Oceania.

Chapter 11- North America Inspection Management Software Market Analysis & Forecast

This chapter in the inspection management software market report gives details about the North America inspection management software market along with regional factors impacting growth.

Chapter 12- Latin America Inspection Management Software Market Analysis & Forecast

This chapter in the inspection management software market report gives a closed overview of the Latin America inspection management software market along with key trends influencing the regional market growth.

Chapter 13- Europe Inspection Management Software Market Analysis & Forecast

This chapter in the inspection management software market report gives an incisive analysis of the Europe inspection management market along with regional trends having deep-rooted impact on the regional market growth.

Chapter 14- South Asia Inspection Management Software Market Analysis & Forecast

This chapter in the inspection management software market report offers a deep dive into the south Asian market with a regional supply-demand analysis. In addition, this chapter analyzes demand across all the key emerging countries of South Asia promising growth for the market players.

Chapter 15 – East Asia Inspection Management Software Market Analysis & Forecast

This chapter in the inspection management software market report gives a detailed analysis of the East Asian inspection management software market along with key regional drivers impacting growth.

Chapter 16- Oceania Inspection Management Software Market Analysis & Forecast

This chapter offers a detailed analysis of the Oceania inspection management software market along with key regional factors moulding growth.

Chapter 17- MEA Inspection Management Software Market Analysis & Forecast

This chapter gives an exhaustive outlook of the MEA inspection management software market along with regional dynamics affecting growth.

Chapter 18- Emerging Countries Inspection Management Software Market Analysis & Forecast

This chapter offers an exclusive view of the demand for inspection management software across all the emerging countries, which include China, India, Mexico, and others.

Chapter 19- Market Structure Analysis

This chapter in the inspection management software market report offers a detailed market analysis by tier of companies and their market presence analysis.

Chapter 20- Competition Analysis

This chapter in the inspection management software market report elaborates on the competition dashboard and competition benchmarking. Also, this section offers profile details of the key players operating in the inspection management software landscape.

1. Executive Summary
       1.1. Global Market Outlook
       1.2. Opportunity Assessment 
       1.3. Analysis and Recommendations

2. Market Overview
       2.1. Market Coverage / Taxonomy
       2.2. Market Definition / Scope / Limitations

3. Key Market Trends
       3.1. Key Trends Impacting the Market
       3.2. Inspection Management Software Key Innovations
       3.3. Prevailing Deployment Type

4. Market Background
       4.1. Enterprise Workflow Automation Solutions Industry Overview
               4.1.1. Business Workflow Market Overview
               4.1.2. Document Management Software Market Overview
               4.1.3. Quality Management Software Market Overview
               4.1.4. Data Management Software Market Overview
               4.1.5. Inventory Management Software Market Overview  
       4.2. IT Industry Survey Analysis 
               4.2.1. Need for Inspection Management Software
               4.2.2. Expected Business Revenue Change From 2018 To 2019
                          4.2.2.1. Global 
                          4.2.2.2. By Enterprise Size
               4.2.3. Expected IT Budget Change From 2018 To 2019
                          4.2.3.1. Global 
                          4.2.3.2. By Enterprise Size
               4.2.4. Top Factors Leading To IT Budget Increases In 2019
                          4.2.4.1. Global 
                          4.2.4.2. By Enterprise Size
               4.2.5. IT Budget Allocation In 2019
                          4.2.5.1. Global 
                          4.2.5.2. By Enterprise Size
               4.2.6. Software Budget Allocation Breakdown
                          4.2.6.1. Global 
                          4.2.6.2. By Enterprise Size
               4.2.7. Managed Services Budget Breakout For 2019
                          4.2.7.1. Global 
                          4.2.7.2. By Enterprise Size
               4.2.8. Top Drivers Of New Hardware, Software, And/or Service Purchases
                          4.2.8.1. Global 
                          4.2.8.2. By Enterprise Size
               4.2.9. Role IT Decision Makers Play In Technology Purchases
                          4.2.9.1. Software 
                          4.2.9.2. Hardware
               4.2.10. Role Business Decision Makers Play In Technology Purchases
                          4.2.10.1. Software 
                          4.2.10.2. Hardware
       4.3. Forecast Factors - Relevance & Impact
               4.3.1. Top Companies Historical Growth
               4.3.2. Global Enterprise Workflow Automation Solution Industry Growth
               4.3.3. Global IT Industry Outlook
               4.3.4. Global Urbanization Growth Outlook
               4.3.5. World Internet User Statistics
       4.4. Market Dynamics
               4.4.1. Prominent Market Challenges and Impact Analysis
               4.4.2. Growth Drivers and Impact Analysis
               4.4.3. Industry Trends and Impact Analysis
               4.4.4. Opportunities in Airsoft Gun Market & Impact Analysis
       4.5. Macro-Economic Factors
               4.5.1. Global GDP Per Capita Growth Outlook
               4.5.2. Global Industrialization Growth
               4.5.3. Growth in Number of SMEs
               4.5.4. Global Internet Penetration Outlook

5. Global Inspection Management Software Market Demand (US$ Mn)
       5.1. Analysis 2013-2017 and Forecast, 2018-2028
       5.2. Historical Market Value (US$ Mn) Analysis, 2013-2017
       5.3. Current and Future Market Value (US$ Mn) Projections, 2018-2028
               5.3.1. Y-o-Y Growth Trend Analysis
               5.3.2. Absolute $ Opportunity Analysis

6. Global Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028, by Subscription Type
       6.1. Introduction / Key Findings
       6.2. Historical Market Size (US$ Mn) Analysis By Subscription Type, 2013 - 2017
       6.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Subscription Type, 2018 - 2018
               6.3.1. Monthly Subscription
               6.3.2. Annual Subscription
       6.4. Market Attractiveness Analysis By Subscription Type

7. Global Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028, by No. of Users
       7.1. Introduction / Key Findings
       7.2. Historical Market Size (US$ Mn) Analysis By No. of Users, 2013 - 2017
       7.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By No. of Users, 2018 - 2018
               7.3.1. 0-99 Users
               7.3.2. 100-499 Users
               7.3.3. 500-999 Users
               7.3.4. Over 1,000 Users
       7.4. Market Attractiveness Analysis By No. of Users

8. Global Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028, by Deployment
       8.1. Introduction / Key Findings
       8.2. Historical Market Size (US$ Mn) Analysis By Deployment, 2013 - 2017
       8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Deployment, 2018 - 2018
               8.3.1. Web based / Cloud
               8.3.2. On-premises
       8.4. Market Attractiveness Analysis By Deployment

9. Global Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028, by Industry
       9.1. Introduction / Key Findings
       9.2. Historical Market Size (US$ Mn) Analysis By Industry, 2013 - 2017
       9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Industry, 2018 - 2018
               9.3.1. Agriculture & Mining 
               9.3.2. Automotive & Transportation
               9.3.3. Chemical & Petrochemicals
               9.3.4. Consumer Products
               9.3.5. Construction & Engineering
               9.3.6. Energy & Utility
               9.3.7. Food, Dairy & Beverage
               9.3.8. Healthcare & Pharmaceuticals
               9.3.9. Hotel, Airport & Venue Management
               9.3.10. Retail
               9.3.11. Wholesale Distribution
               9.3.12. Others
       9.4. Market Attractiveness Analysis By Industry

10. Global Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028, by Region
       10.1. Introduction
       10.2. Historical Market Size (US$ Mn) Analysis By Region, 2013 - 2017
       10.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2018 - 2018
               10.3.1. North America
               10.3.2. Latin America
               10.3.3. Europe
               10.3.4. Middle East and Africa (MEA)
               10.3.5. East Asia
               10.3.6. South Asia
               10.3.7. Oceania
       10.4. Market Attractiveness Analysis By Region

11. North America Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028
       11.1. Introduction
       11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2017
       11.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2018 - 2028
               11.3.1. By Country
                          11.3.1.1. U.S.
                          11.3.1.2. Canada
               11.3.2. By Subscription Type
               11.3.3. By No. of Users
               11.3.4. By Deployment
               11.3.5. By Industry
       11.4. Market Attractiveness Analysis
               11.4.1. By Country
               11.4.2. By Subscription Type
               11.4.3. By No. of Users
               11.4.4. By Deployment
               11.4.5. By Industry

12. Latin America Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028
       12.1. Introduction
       12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy,2013 - 2017
       12.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2018 - 2028
               12.3.1. By Country
                          12.3.1.1. Brazil
                          12.3.1.2. Mexico
                          12.3.1.3. Rest of Latin America
               12.3.2. By Subscription Type
               12.3.3. By No. of Users
               12.3.4. By Deployment
               12.3.5. By Industry
       12.4. Market Attractiveness Analysis
               12.4.1. By Country
               12.4.2. By Subscription Type
               12.4.3. By No. of Users
               12.4.4. By Deployment
               12.4.5. By Industry

13. Europe Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028
       13.1. Introduction
       13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2017
       13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2018 - 2028
               13.3.1. By Country
                          13.3.1.1. Germany
                          13.3.1.2. Italy
                          13.3.1.3. France
                          13.3.1.4. U.K.
                          13.3.1.5. Spain
                          13.3.1.6. BENELUX
                          13.3.1.7. Russia
                          13.3.1.8. Rest of Europe
               13.3.2. By Subscription Type
               13.3.3. By No. of Users
               13.3.4. By Deployment
               13.3.5. By Industry
       13.4. Market Attractiveness Analysis
               13.4.1. By Country
               13.4.2. By Subscription Type
               13.4.3. By No. of Users
               13.4.4. By Deployment
               13.4.5. By Industry

14. South Asia Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028
       14.1. Introduction
       14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2017
       14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2018 - 2028
               14.3.1. By Country
                          14.3.1.1. India
                          14.3.1.2. Thailand
                          14.3.1.3. Indonesia
                          14.3.1.4. Malaysia
                          14.3.1.5. Rest of South Asia
               14.3.2. By Subscription Type
               14.3.3. By No. of Users
               14.3.4. By Deployment
               14.3.5. By Industry
       14.4. Market Attractiveness Analysis
               14.4.1. By Country
               14.4.2. By Subscription Type
               14.4.3. By No. of Users
               14.4.4. By Deployment
               14.4.5. By Industry

15. East Asia Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028
       15.1. Introduction
       15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2017
       15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2018 - 2028
               15.3.1. By Country
                          15.3.1.1. China
                          15.3.1.2. Japan
                          15.3.1.3. South Korea
               15.3.2. By Subscription Type
               15.3.3. By No. of Users
               15.3.4. By Deployment
               15.3.5. By Industry
       15.4. Market Attractiveness Analysis
               15.4.1. By Country
               15.4.2. By Subscription Type
               15.4.3. By No. of Users
               15.4.4. By Deployment
               15.4.5. By Industry

16. Oceania Inspection Management Software Market Analysis 2013-2017and Forecast 2018-2028
       16.1. Introduction
       16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2017
       16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2018 - 2028
               16.3.1. By Country
                          16.3.1.1. Australia
                          16.3.1.2. New Zealand
               16.3.2. By Subscription Type
               16.3.3. By No. of Users
               16.3.4. By Deployment
               16.3.5. By Industry
       16.4. Market Attractiveness Analysis
               16.4.1. By Country
               16.4.2. By Subscription Type
               16.4.3. By No. of Users
               16.4.4. By Deployment
               16.4.5. By Industry

17. Middle East and Africa Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028
       17.1. Introduction
       17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2017
       17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2018 - 2028
               17.3.1. By Country
                          17.3.1.1. GCC Countries
                          17.3.1.2. Turkey
                          17.3.1.3. Northern Africa
                          17.3.1.4. South Africa
                          17.3.1.5. Rest of Middle East and Africa
               17.3.2. By Subscription Type
               17.3.3. By No. of Users
               17.3.4. By Deployment
               17.3.5. By Industry
       17.4. Market Attractiveness Analysis
               17.4.1. By Country
               17.4.2. By Subscription Type
               17.4.3. By No. of Users
               17.4.4. By Deployment
               17.4.5. By Industry

18. Emerging Countries Inspection Management Software Market Analysis 2013-2017 and Forecast 2018-2028
       18.1. Introduction
               18.1.1. Market Value Proportion Analysis, By Key Countries
               18.1.2. Global Vs. Country Growth Comparison
       18.2. China Inspection Management Software Market Analysis
               18.2.1. Introduction
               18.2.2. Market Value Proportion Analysis by Market Taxonomy
               18.2.3. Market Volume (Mn Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
                          18.2.3.1. By Subscription Type
                          18.2.3.2. By Deployment
                          18.2.3.3. By No. of Users
                          18.2.3.4. By Industry
       18.3. India Inspection Management Software Market Analysis
               18.3.1. Introduction
               18.3.2. Market Value Proportion Analysis by Market Taxonomy
               18.3.3. Market Volume (Mn Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
                          18.3.3.1. By Subscription Type
                          18.3.3.2. By Deployment
                          18.3.3.3. By No. of Users
                          18.3.3.4. By Industry
       18.4. Mexico Inspection Management Software Market Analysis
               18.4.1. Introduction
               18.4.2. Market Value Proportion Analysis by Market Taxonomy
               18.4.3. Market Volume (Mn Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
                          18.4.3.1. By Subscription Type
                          18.4.3.2. By Deployment
                          18.4.3.3. By No. of Users
                          18.4.3.4. By Industry

19. Market Structure Analysis
       19.1. Market Analysis by Tier of Companies
       19.2. Market Concentration
       19.3. Market Share Analysis of Top Players
       19.4. Market Presence Analysis
               19.4.1. By Regional footprint of Players
               19.4.2. Subscription type foot print by Players
               19.4.3. Industry Foot Print by Players

20. Competition Analysis
       20.1. Competition Dashboard
       20.2. Competition Benchmarking
       20.3. Competition Deep Dive

21. Assumptions and Acronyms Used

22. Research Methodology

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Inspection Management Software Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018-2028