Calibration Management Software Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR40617
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The calibration management software market size has the potential to grow by USD 59.58 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.33%. 

This report provides a detailed analysis of the market by technology (locally installed and cloud-based) and geography (North America, Europe, APAC, South America, and MEA). 

Calibration Management Software Market Share

Calibration-Management-Software-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • ACG Infotech Ltd.
  • Ape Software Inc.
  • AVL List GmbH
  • Beamex Oy AB
  • Business Analysis Ltd.
  • CompuCal Calibration Solutions
  • CyberMetrics Corp.
  • ETQ LLC
  • Fortive Corp.
  • Techgate LLC

 

The calibration management software market is fragmented and the vendors are deploying growth strategies such as offering various customizable options to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as automation of calibration process to achieve growth opportunities. However, factors such as the threat of cyber-attacks will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the calibration management software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This calibration management software market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Grab your Free Sample now to unlock further information on other key market drivers.

Calibration Management Software Market: Segmentation by Geography

Calibration-Management-Software-Market-Market-Share-by-Region-2020-2025

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35% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for calibration management software in North America. Market growth in this region will be faster than the growth of the market in MEA and South America.

The high investment in the power sector and the growth of the oil and gas industry will facilitate the calibration management software market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Calibration Management Software Market: Segmentation by Technology

Calibration-Management-Software-Market-Market-Share-by-Technology-2020-2025

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The calibration management software market share growth by the locally installed segment will be significant during the forecast period. Locally installed calibration management software has dominated the calibration management software market because of the level of security they offer. The increased level of security is offered by locally installed software because only the end-users have access to the data.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the calibration management software market size.

 

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Key Highlights of the Calibration Management Software Market Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive calibration management software market growth during the next five years
  • Precise estimation of the calibration management software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the calibration management software industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of calibration management software market vendors

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Calibration Management Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

$ 59.58 million

Market structure

Fragmented

YoY growth (%)

2.12

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 35%

Key consumer countries

US, China, Germany, UK, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ACG Infotech Ltd., Ape Software Inc., AVL List GmbH, Beamex Oy AB, Business Analysis Ltd., CyberMetrics Corp., CompuCal Calibration Solutions, ETQ LLC, Fortive Corp., and Techgate LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The calibration management software market growth will increase by $100.84 million during 2019-2024.
The calibration management software market is expected to grow at a CAGR of 5.70% during 2019-2024.
Technavio has segmented the calibration management software market by technology (Locally installed and Cloud-based) and geographic (North America, Europe, APAC, South America, and MEA).
AVL List GmbH, Beamex Oy Ab, CompuCal Calibration Solutions, CyberMetrics Corp., ETQ LLC, Fortive Corp., P.J. Bonner & Co. Ltd., Prime Technologies Inc., Productivity-Quality Systems Inc., Quality America Inc. are a few of the key vendors in the calibration management software market.
North America will register the highest growth rate of 35.39% among the other regions. Therefore, the calibration management software market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the calibration management software market growth are:
  • Automation of calibration process
  • Automation of laboratory instruments
The calibration management software market vendors should focus on grabbing business opportunities from the locally installed segment as it accounted for the largest market share in the base year.
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