Market Overview:
The global standard operating procedures software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based standard operating procedures software and the growing adoption of standard operating procedures software by enterprises. Standard operating procedures software helps organizations in streamlining their business processes and improving their efficiency. North America is expected to lead the global standard operating procedures software market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Standard Operating Procedures (SOP) software is a type of business software that helps organizations create and manage their standard operating procedures. SOP software can help organizations track the status of their procedures, keep track of who is responsible for each procedure, and ensure that employees are following the correct procedures.
On-premise:
On-premise software is a type of software that is installed and used directly as the source code is being processed. The installation process usually requires physical access to the machine where the installation takes place. On-premise software solutions are generally developed by companies or organizations with an internal network, which increases security levels for data transmission and prevents third parties from accessing company information.
Cloud-based:
Cloud-based software is a type of software that provides solutions to standard operating procedures. It helps in reducing the cost and time required for carrying out any task or operation. Cloud-based SOPs are accessed through web browsers and can be used on mobile devices as well. The data stored by these solutions is usually private, however, it can be made public with the user’s consent.
Application Insights:
The standard operating procedures software is used across various application areas in the market. The enterprise application segment accounted for the largest revenue share of over 60% in 2017 and is anticipated to continue its dominance over the forecast period. This can be attributed to a large number of organizations that have started adopting SOPs as a tool for managing their operations efficiently.
The individual application segment is expected to register significant growth over the forecast period, owing to increasing penetration of smartphones, tablets and other smart devices across all age groups globally, which has created new opportunities for individuals looking forward to manage their personal data through these devices. Moreover, growing demand from end-users regarding easy access and management of business documents such as contracts, bills & receipts on mobile phones & tablets will drive adoption across all industry verticals in near future.
Regional Analysis:
The North American region accounted for the largest revenue share in 2017. The growth can be attributed to the presence of major players, such as McKesson Corporation; Cognizant Technology Solutions, LLC; and Optum Inc.; in this region. These companies are focusing on developing SOPs software that complies with regulatory requirements set by various government agencies such as FDA, EPA, OSHA and others.
In addition to this Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing adoption of cloud-based standard operating procedures software by healthcare organizations for better management of patient care processes across countries such as India China Japan Australia New Zealand Singapore Thailand Malaysia Indonesia Philippines Vietnam South Korea Brazil Russia Saudi Arabia United Arab Emirates and others.
Growth Factors:
- Increasing demand for standard operating procedures software from small and medium-sized businesses (SMBs) due to the benefits it offers such as improved efficiency, reduced costs, and enhanced compliance.
- The growing trend of digitization across all industries is fueling the adoption of standard operating procedures software as it helps organizations automate their processes and improve operational efficiency.
- The increasing focus on quality management by organizations is also contributing to the growth of the standard operating procedures software market as these solutions help in streamlining quality processes across an organization.
- Rising demand for cloud-based standard operating procedures software due to its advantages such as scalability, flexibility, and cost-effectiveness.
- Growing popularity of business process management (BPM) platforms that offer comprehensive functionality for managing organizational processes including those related to standard operating procedures
Scope Of The Report
Report Attributes
Report Details
Report Title
Standard Operating Procedures Software Market Research Report
By Type
On-premise, Cloud-based
By Application
Individual, Enterprise, Others
By Companies
Method Apps, Goodwinds, Dozuki, Sparkwork Software, ProcedureFlow, SweetProcess, Cunesoft, Keeni, Princeton Center, Knosys, Interfacing, Information Management Services, TeamworkIQ, Cornstalk Software, Trainual
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Standard Operating Procedures Software Market Report Segments:
The global Standard Operating Procedures Software market is segmented on the basis of:
Types
On-premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Enterprise, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Method Apps
- Goodwinds
- Dozuki
- Sparkwork Software
- ProcedureFlow
- SweetProcess
- Cunesoft
- Keeni
- Princeton Center
- Knosys
- Interfacing
- Information Management Services
- TeamworkIQ
- Cornstalk Software
- Trainual
Highlights of The Standard Operating Procedures Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- By Application:
- Individual
- Enterprise
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Standard Operating Procedures Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Standard Operating Procedures Software is a software application that helps organizations manage their business processes. It includes features such as workflow management, document management, and communication tools.
Some of the key players operating in the standard operating procedures software market are Method Apps, Goodwinds, Dozuki, Sparkwork Software, ProcedureFlow, SweetProcess, Cunesoft, Keeni, Princeton Center, Knosys, Interfacing, Information Management Services, TeamworkIQ, Cornstalk Software, Trainual.
The standard operating procedures software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Standard Operating Procedures Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Standard Operating Procedures Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Standard Operating Procedures Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Standard Operating Procedures Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Standard Operating Procedures Software Market Size & Forecast, 2018-2028
4.5.1 Standard Operating Procedures Software Market Size and Y-o-Y Growth
4.5.2 Standard Operating Procedures Software Market Absolute $ Opportunity
Chapter 5 Global Standard Operating Procedures Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Standard Operating Procedures Software Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Standard Operating Procedures Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Standard Operating Procedures Software Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Enterprise
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Standard Operating Procedures Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Standard Operating Procedures Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Standard Operating Procedures Software Analysis and Forecast
9.1 Introduction
9.2 North America Standard Operating Procedures Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Standard Operating Procedures Software Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Standard Operating Procedures Software Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Enterprise
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Standard Operating Procedures Software Analysis and Forecast
10.1 Introduction
10.2 Europe Standard Operating Procedures Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Standard Operating Procedures Software Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Standard Operating Procedures Software Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Enterprise
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Standard Operating Procedures Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Standard Operating Procedures Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Standard Operating Procedures Software Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Standard Operating Procedures Software Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Enterprise
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Standard Operating Procedures Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Standard Operating Procedures Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Standard Operating Procedures Software Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Standard Operating Procedures Software Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Enterprise
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Standard Operating Procedures Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Standard Operating Procedures Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Standard Operating Procedures Software Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Standard Operating Procedures Software Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Enterprise
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Standard Operating Procedures Software Market: Competitive Dashboard
14.2 Global Standard Operating Procedures Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Method Apps
14.3.2 Goodwinds
14.3.3 Dozuki
14.3.4 Sparkwork Software
14.3.5 ProcedureFlow
14.3.6 SweetProcess
14.3.7 Cunesoft
14.3.8 Keeni
14.3.9 Princeton Center
14.3.10 Knosys
14.3.11 Interfacing
14.3.12 Information Management Services
14.3.13 TeamworkIQ
14.3.14 Cornstalk Software
14.3.15 Trainual
