Quality and Lifecycle Management Software Market is projected to grow USD 34.9 billion by 2027
The global Quality and Lifecycle Management 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% during the forecast period, according to research report by MarketsandMarkets™
The major factors driving the growth of the market include increasing proliferation of the smart devices/products, demand of organizations for the low manufacturing cost, and increasing demand in small and medium businesses.
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