Global SQM and CEM Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Text Analytics, Web Analytics, Speech Analytics, and Enterprise Feedback Management.

By Type;

Overview, EFM, Web Analytics, Text Analytics, Speech Analytics.

By Application;

Small and Medium Businesses, Large Enterprises.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn916332881 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global SQM and CEM Market (USD Million), 2021 - 2031

In the year 2024, the Global SQM and CEM Market was valued at USD 5,132.00 million. The size of this market is expected to increase to USD 9,042.25 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.

The global Software Quality Management (SQM) and Customer Experience Management (CEM) market is evolving rapidly, driven by the increasing need for businesses to ensure high-quality products and seamless customer experiences in a competitive environment. SQM refers to the systematic processes, methodologies, and tools used by organizations to ensure the quality of their software products throughout the development lifecycle. It helps in identifying defects early in the process, ensuring functionality, performance, and security standards are met. On the other hand, CEM focuses on managing and improving the overall customer experience across multiple touchpoints, enabling businesses to engage effectively with customers, enhance satisfaction, and drive loyalty.

Both SQM and CEM are critical for businesses aiming to thrive in an increasingly digital and customer-centric world. With the growing demand for digital transformation, organizations are relying on these practices to deliver software that not only meets technical requirements but also satisfies customer expectations. SQM tools help in tracking the quality of software applications, ensuring they meet the needs of users, while CEM tools allow companies to gather insights from customer interactions, analyze feedback, and personalize experiences for better customer retention. The integration of these practices ensures that businesses maintain a strong reputation and competitive edge in their respective markets.

The market for SQM and CEM is experiencing strong growth due to the increasing reliance on software-driven solutions across industries like healthcare, finance, retail, and IT services. Businesses are also focusing on improving their customer relationships to stay ahead of competitors in a rapidly changing market. The rise of cloud-based solutions, artificial intelligence, and big data analytics is further propelling the growth of SQM and CEM, as these technologies enable companies to better manage quality, optimize customer interactions, and anticipate customer needs in real-time. As a result, the demand for integrated software quality and customer experience management tools is expected to continue rising, creating new opportunities for both established players and new entrants in the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global SQM and CEM Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Increasing demand for personalized customer experiences across various industries.
        2. Growing focus on improving software quality to enhance operational efficiency and customer satisfaction.
        3. Rising adoption of digital transformation and cloud-based solutions in businesses of all sizes.
      2. Restraints:
        1. High implementation and maintenance costs of SQM and CEM solutions, especially for small and medium-sized businesses.
        2. Data privacy concerns and regulatory challenges related to customer data management.
        3. Lack of skilled workforce to effectively utilize advanced SQM and CEM technologies.
      3. Opportunities:
        1. Expanding markets in emerging economies due to rising digitalization and consumer expectations.
        2. Integration of artificial intelligence and machine learning to enhance customer insights and decision-making.
        3. Increasing demand for mobile and multi-channel customer experience management solutions.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global SQM and CEM Market, By Technology, 2021 - 2031 (USD Million)
      1. Text Analytics
      2. Web Analytics
      3. Speech Analytics
      4. Enterprise Feedback Management
    2. Global SQM and CEM Market, By Type, 2021 - 2031 (USD Million)
      1. Overview
      2. EFM
      3. Web Analytics
      4. Text Analytics
      5. Speech Analytics
    3. Global SQM and CEM Market, By Application, 2021 - 2031 (USD Million)
      1. Small
      2. Medium Businesses
      3. Large Enterprises
    4. Global SQM and CEM Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Adobe
      2. HP
      3. IBM
      4. Oracle
  7. Analyst Views
  8. Future Outlook of the Market