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

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.

According to the new study by Fact.MR, the inspection management software market is estimated to surpass revenues worth US$ 800 Mn in 2019, from US$ 741.4 Mn in 2018. Increasing requirement for seamless inspection management across enterprises is providing a fillip to the deployment of inspection management software in 2019 and beyond.

“Enterprises are turning to inspection management software for seamless process handling amid the operational complexities involved. Integration management software also helps with requirements coming up during an on-going inspection, such as document management for modifications, recall of assets, and details of previous inspection. Effective control of inspection work continues to be imperative for process integrity and reliability, thereby fuelling investments in the inspection management software market.” says Fact.MR report.

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Chapter Wise Analysis

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.

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Inspection management software helps in elimination of guesswork from the supplier base and helps pinpoint the possibilities, both good and bad, thereby enabling end users to make informed decisions. Among all the overarching trends shaping the global market growth, penetration of integration management software for mobile phones and tablets continue to be an integral one. With the unprecedented growth of the smartphone industry, the leading market players are focusing on development of software for smartphones and tablets. Mobile-based inspection management software helps in producing property inspection reports with accurate comments, checklists, videos, and photos, thereby fostering productivity levels of an end-use enterprise.

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.

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North America Serial Device Server Market Accounting for a Maximum Revenue Share

 The serial device server market is envisioned to observe a palatial rise in the forecast period from 2018 to 2027, according to a new Fact.MR study. The study propounds key trends that are currently shaping the growth of the serial device server market. This newly published and insightful report barn light on key dynamics, which are expected to transform future of the serial device server market, in turn, creating flourishing avenues for prominent companies as well as emerging players associated with the manufacturing of serial device server.

Market Dynamics

The serial device server are highly efficient devices that increase the flexibility of data transfer in a networked environment. These devices allow transparent transfer of data from Ethernet of Serial Device Server to a serial interface. The serial device server helps in increasing the availability and uptime by providing seamless protection in case of power input failure. The serial device server is very easy to install and operate. They also provide various installation options to end-users. Such factors are driving the adoption of serial device server in the market.

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Table of Content

Global Serial Device Server Market - Executive Summary


Global Serial Device Server Market Overview
   2.1. Introduction

2.1.1. Global Serial Device Server Market Taxonomy

2.1.2. Global Serial Device Server Market Definition

2.2. Global Serial Device Server Market ( Size (US$ Mn) & Volume (Units)) and Forecast, 2013-2027

2.2.1. Global Serial Device Server Market Y-o-Y Growth

2.3. Global Serial Device Server Market Dynamics

2.4. Evolution of Serial Device Server

2.5. Cost Structure

2.6. Pricing Analysis

2.7. PESTLE Analysis

2.8. Porters Five Forces Analysis

2.9.  Macro-economic Factors

2.10. Key Participants Market Presence (Intensity Map) By Region

2.11. Forecast Factors and Relevance of impact

2.12. Global Serial Device Server Market – Forecast Scenario

2.13. Region wise Market Positioning Assessment

2.14. Value Chain Analysis



Global Serial Device Server Market Analysis and Forecast 2013-2027
3.1. Global Serial Device Server Market Size and Forecast By Type, 2013-2027

3.1.1. 1 Port Market Size and Forecast, 2013-2027

3.1.1.1. Revenue (US$ Mn) & Volume Comparison, By Region

3.1.1.2. Market Share Comparison, By Region

3.1.1.3. Y-o-Y growth Comparison, By Region

3.1.2. 2 Port Market Size and Forecast, 2013-2027

3.1.2.1. Revenue (US$ Mn) & Volume Comparison, By Region

3.1.2.2. Market Share Comparison, By Region

3.1.2.3. Y-o-Y growth Comparison, By Region

3.1.3. 4 Port Market Size and Forecast, 2013-2027

3.1.3.1. Revenue (US$ Mn) & Volume Comparison, By Region

3.1.3.2. Market Share Comparison, By Region

3.1.3.3. Y-o-Y growth Comparison, By Region

3.1.4. 8 Port Market Size and Forecast, 2013-2027

3.1.4.1. Revenue (US$ Mn) & Volume Comparison, By Region

3.1.4.2. Market Share Comparison, By Region

3.1.4.3. Y-o-Y growth Comparison, By Region

3.1.5. 16 Port Market Size and Forecast, 2013-2027

3.1.5.1. Revenue (US$ Mn) & Volume Comparison, By Region

3.1.5.2. Market Share Comparison, By Region

3.1.5.3. Y-o-Y growth Comparison, By Region

To be Continue......

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The Europe region is expected to register relatively low growth in the Serial Device Server market, as the Serial Device Server industry is already developed in the region and market has achieved growth in the product lifecycle. APEJ market is developing at a rapid pace with an increasing application of access control systems and POS systems leading to high adoption of serial device server.

Global Serial Device Server Market: Competition Dashboard

Fact.MR has profiled some of the most prominent company’s active in the global Serial Device Server market such as MOXA Technologies Co., Ltd., QUATECH, INC., Mencom Corporation, Perle Systems, Siemens Industrial Communication, Advantech Co., Ltd., Comtrol Corporation, 3onedata, Atop Technologies Inc., Silex Technology America, Inc., and ORing Industrial Networking Corporation.. The key market players in the Serial Device Server market are focusing on product development and collaboration. Vendors in the serial device server market are focusing on developing innovative solutions that can meet the changing customer requirements. Recently, MOXA Technologies Co., Ltd., a provider of industrial networking products, launched three-in-one serial device server to provide users with high flexibility to integrate serial equipment with a wireless Ethernet network. This configuration will enable customers to use the serial device server in diversified industrial data acquisition applications.   

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Residential Use Cases Account for 8 in 10 Smart Remote Control Sales

A recently compiled report of Fact.MR, titled “Smart Remote Control Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2019-2029,” gives an exhaustive analysis on the smart remote control market worldwide. Size of the smart remote control market has been evaluated in detail and is provided in terms of value (US$ Mn). The report also offers a detailed analysis and forecast on the various segments and the competitive landscape of the smart remote control market.

According to a new study by Fact.MR, global sales of smart remote control were upward of 10,500 thousand units in 2018 and are estimated to record a Y-o-Y growth at over 18% in 2019. The smart remote control industry continues to remain influenced by a slew of factors that range from focus of players to offer enhanced user experience by leveraging modern interaction technologies, to proliferation of IoT devices and home automation systems.

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Key Challenges Faced by Stakeholders in Smart Remote Control Market

• Design and development related complications have resulted in significant entry barriers to new market entrants. Additionally, as leading brands hold pole position in the market, cost of their products tend to be high, which continues to remain a key impediment to adoption of smart remote control.


• Growing availability of low-cost to the relatively expensive smart remote controls, such as android and iOS applications continues to remain a key growth restraining aspect for the smart remote control market.

Remote Control Market in Numbers: 

• The smart remote control market registered a CAGR of nearly 17% during the period, 2013 to 2017. The smart remote control industry has been influenced by the transformations in application paradigms, from human to machine communications, leading to services such as smart control systems.


• The smart remote control market has been estimated to exceed revenues worth US$ 500 Mn in 2019, and record a Y-o-Y growth at nearly 18% in 2020.


• North America will remain the leading as well as high-growth market for smart remote control, upheld the consolidation of leading players in the region.

Residential Use Cases Account for 8 in 10 Smart Remote Control Sales

According to the study, adoption of smart remote control remains high among residential consumers, accounting for over 80% sales. Fast permeation of home automation systems in developed markets such as North America and Europe have been of the leading aspects driving demand for smart remote control in the residential sector. Smart remote control manufacturers are continuous focusing on offering advanced solutions by leveraging interaction technologies, along with multi-modal output capability and context awareness of modern computing devices.

Smart Remote Control Market- Competitive Landscape

The smart remote control market remains consolidated, with leading companies, such as Logitech International S.A., Koninklijke Philips N.V., and Universal Electronics, collectively holding nearly 40-50% market share. Developed economies, such as North America, and Europe have witnessed a rapid surge in popularity of home automation technology in recent years, with the introduction of smart technologies that enable an interconnected environment. New and innovative product launch has become the key growth determinant in the smart remote control market. Logitech International S.A, for instance, recently launched an all-new and easy to use universal voice remote - Harmony Express.

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Regulatory Information Management Market: Evolving Regulatory Framework Triggering NPDs

A recently compiled report of Fact.MR, titled “Global Regulatory Information Management Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights
2019-2029,” presents a comprehensive study on the regulatory information management market worldwide. Size of the regulatory information management market has been studied in detail and enumerated in terms of (US$ Mn). The report also offers a detailed analysis and forecast on different segments of the market, in tandem with crystal clear view of the competitive landscape of the regulatory information management market.

According to the report, deployment of regulatory information management software for health authority management will remain high across pharmaceuticals industry, with the global deployment across different verticals estimated to surpass US$ 252 Mn in 2019. Reduction in manual errors in regulatory processes, along with an easy access to dossier, continues to contribute to the growth of the regulatory information management market.

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Regulatory Information Management Market in Numbers

• The regulatory information management market registered a CAGR of nearly 8% during the period 2014 to 2018. This industry remains influenced by rapid transformations in regulation paradigms, from pharmaceuticals to medical devices verticals, thereby, witnessing an increased demand for software, such as regulatory information management.


• The regulatory information management market has been envisaged to surpass revenues worth US$ 893 Mn in 2019, and record a Y-o-Y growth at nearly 9% in 2020.


• North America will remain the leading market for regulatory information management, upheld by the availability of pharmaceutical stalwarts in the countries, such as US and Canada.


• East Asia is expected to be the high-growth market for regulatory information management, with gains mainly driven by rising number of clinical trials taking place in the region, coupled with immense untapped opportunities in China.

Key Growth Drivers of Regulatory Information Management Market

• Growing regulatory reporting requirements and business financial imperatives are driving a regulatory shift from a mainly document-based model to data-based paradigm. Managing structured as well as unstructured content and a large amount of metadata demands a new level of precision in executing regulatory responsibilities, which is provided by regulatory information management software.


• Rapidly transforming regulatory compliance of life sciences with no loss of momentum has made the regulatory approval more complex, thereby, increasing the burden - both direct costs and indirect costs, of compliance for most organizations. With no alternative to compliance, and for the fact that companies’ approach to compliance holds a direct impact on their competitive stature, installation of regulatory information management software has increased considerably.


• The world is driven by ever-increasing demand for speed to market, which continues to make it difficult for brands to maintain pharmaceutical regulatory compliance. Unification of information enabled by an efficient regulatory information management software coupled with benefits such as improved consistency and reduced wasted efforts is favoring its deployment across verticals.

End User Demand for Regulatory Information Management Services Remains High

In light of the growing enforcement of different regulations and standards across various countries, regulatory information management has emerged as a key challenge for regulatory submissions in life sciences companies. Companies are facing challenges resultant of high confusion and accumulation of massive documentation due to market-specific and highly dissimilar regulations, which is necessitating consulting with professional trainers, thereby, creating further demand for regulatory information management services.

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Product Engineering Services Market: South Asia Anticipated to Emerge as a High Growth Region

A recently compiled study of Fact.MR, titled “Product Engineering Services Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2019-2029,” provides a comprehensive analysis on the product engineering services market worldwide. Size of the product engineering services market has been evaluated in a comprehensive way and is delivered in terms of value (US$ Mn). The report also offers detailed analysis and forecast on the segments and the competitive landscape of the product engineering services market.

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Key Factors Determining Growth of the Product Engineering Services Market

• Shifting focus of enterprises on transforming legacy systems into advanced ones to survive competition has been creating a significant demand for best-in-class product engineering services, which continues to translate into a broad range of opportunities for vendors.


• While significant ER&D challenges prevail, facing enterprises, it is highly likely that product engineering services providers will look forward to lucrative avenues. Lack of R&D expertise and inadequate availability of engineering stronghold continue to sustain substantial traction for product engineering services providers across various verticals. With established companies spending in bulk on digital engineering R&D, primarily driven by technology and business model innovation, demand for product engineering services is likely to see an upsurge in the forthcoming years.


• Industrial Internet of Things (IIOT) is helping vendors boost their operational efficiency, improve productivity, and deliver seamless performance, thereby enabling them to build high quality designs for clients. Palpable penetration of IoT is further driving fresh demand for product engineering services, across varied verticals.

Product Engineering Services Market in Numbers 

• Product engineering services market is envisaged to account for revenues worth US$ 26 Bn in 2019. Increasing need of businesses to achieve faster time to market (TTM) and deliver superior customer experience in the midst of uncertainties continue to create a demand for product engineering services across enterprises.


• Projected to witness a robust ~10% CAGR through 2029, the product engineering services market is likely to remain influenced by the fact that ER&D capability is indispensable for organizations, not just for competitive advantages but also for survival.


• North America will continue to be the leading market for product engineering services market, in line with the rapidly emerging smart technologies in the region, and strong market presence of key companies.


• South Asia is anticipated to emerge as a high growth region in product engineering services industry, owing to a notable rise in demand for organizing a massive workforce in the region.


• A majority of leading providers of product engineering services are currently focused on the development of strong expertise in digital technologies.

Competition Landscape

The market for product engineering services will remain a consolidated landscape, where leading players, such as Accenture, Cognizant, Persistent System, TCS, and Wipro, among others, command 60-65% market share. These companies continue to zoom in their strategic focus on acquisitions of local service providers, for regional expansion. New launches centered at customer demands will remain among the key strategies of market forerunners as they continue to invest efforts in introducing product designs that appeal to a wider customer base.

Profound domain knowledge and deep expertise in customers’ business verticals will be considered as an important determinant, offering companies an additional edge in the competition landscape of product engineering services market. The market is lately witnessing increase in the collaborations of stakeholders with enterprises, which are attempting new market entry and thus need assistance from product engineering services providers, right from the initial stage to the post-deployment support phase.

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