The Strategic Value of Quality and Lifecycle Management Software in High-Growth Manufacturing Firms
Webersnits27 Nov, 2025News
The global QLM software market size is expected to grow from USD 24.6 billion in 2022 to USD 34.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 7.2%. The growing need for continuous innovation and iteration, reduce production cost, rising demand for smart homes are the major factors fueling the growth of QLM software market. Further, the increasing adoption of QLM software by medium businesses, with limited resources available to optimize their operations, has significantly contributed to the growth in the market in terms of the user base.
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