Spectroscopy Software Market Size – By Deployment Type, By Application – Global Forecast, 2025 to 2034

Report ID: GMI12736
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Published Date: December 2024
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Report Format: PDF

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Spectroscopy Software Market Size

The global spectroscopy software market size was valued at around USD 1.1 billion in 2024 and is estimated to grow at 9.1% CAGR from 2025 to 2034. Spectroscopy software is a specific tool designed to work along with spectrometers for the collection, analysis, and interpretation of spectral data.
 

Spectroscopy Software Market

This software collaborates with spectrometers to offer both proper input and output of signatures. They serve as the foundation of smart technologies that can easily determine the composition of any given material. Researchers have developed software that allows the user to acquire data, gather information, and produce reports which, in turn, enable them to make better sense of the measurements taken from the spectrometer.
 

There has been a significant improvement in the incorporation of spectroscopic practices across cultures. The biotechnology and pharmaceutical industries perform drug development and continue to discover new drugs while using this software for quality assurance and process control. The boom witnessed in the new drug applications based on spectroscopic procedures in recent times clearly shows that there is much more focus on developing drugs using these techniques. Market growth is being fueled by the improvement of spectroscopic devices and the use of features such as AI and ML in software for spectroscopy. These innovations focus on improving performance, precision, and efficiency in data analysis and processing, which makes the software more appealing for customers.
 

Moreover, the growth of the market is owing to the increased focus on research and development in industry and academia. Universities and research establishments are purchasing advanced spectroscopy machines and computer programs to aid them in their scientific research. For instance, according to the National Science Foundation (NSF), there was a 10% rise in spending towards projects pertaining to spectroscopy between 2019-2023, which demonstrates the growing significance of this field in scientific inquiry. Also, the regulatory challenges and compliance requirements from industries such as pharmaceutical and food production are increasing the use of spectroscopy software. It enables businesses to achieve the desired quality and regulatory requirements, which supports the growth of the market during the forecast period.
 

Spectroscopy Software Market Trends

  • The market has advanced significantly. The incorporation of artificial intelligence and machine learning with these software solutions improves the data gathering, analysis, and interpretation processes. This allows for better and faster processing of spectral data, pattern detection, and predictive analytics.
     
  • In addition, the shift towards the use of remotely accessible spectroscopy software solutions has accelerated collaboration between researchers and analysts. This approach most benefits organizations that have geographically dispersed teams and those that require flexible usage of data and analytics tools. Such platforms provide the added advantage of scaling their storage and computing resources to keep pace with the increasing volumes of spectral data.
     
  • Moreover, key developers of measuring and analyzing devices are investing enormous resources in creating dashboards that are easy to operate and non-specialist friendly.
     
  • With such a drastic increase in sophistication, accessibility is bound to occur. As a result, the number of industries that utilize it is growing. In fact, many software packages developed nowadays include standard features such as intuitive dashboards, automated workflows, and customizable reporting.
     
  • Additionally, the pharmaceutical and biotechnology sectors have ramped up their incorporation of spectroscopy software in the processes of drug discovery and quality control. These tools are critical in the analysis of molecular structures of compounds to identify impurities as well as for ensuring product consistency. Such tools are also employed by the industries of environmental monitoring and food safety testing for the detection of contaminants and verification of authentic products.
     
  • Also, the combination of mass spectrometry and other analytical techniques with spectroscopy software has enabled the complete analysis of a sample, providing many benefits to analytical laboratories and research facilities. The sample composition and characteristics can be better understood by utilizing spectroscopy data together with chromatometrics or mass spectrometry data.
     
  • Further, the industry is moving towards modular and configurable software solutions. The software can be modified by adding or removing features to meet the users’ particular needs. Such flexibility is, for example, valuable in research environments where analytical requirements vary with time.
     
  • Another development is the introduction of spectroscopy software for use with portable and handheld devices, which is increasingly required for on-site and field analysis in agriculture, forensic technology, and environmental monitoring.
     

Spectroscopy Software Market Analysis

Spectroscopy Software Market, By Deployment Type, 2021 – 2034 (USD Million)

Based on deployment type, the market is segmented into on-premises and cloud deployment models. The on-premises segment dominated the market with the largest revenue of USD 549.5 million in 2024 and is expected to grow at a significant CAGR over the forecast period.
 

  • The on-premises deployment type segment in the market maintains a dominant position due to data security and compliance capabilities. Organizations, especially in pharmaceuticals and healthcare industries, prefer on-premises solutions as they provide direct control over sensitive information and help meet regulatory requirements. Many organizations prioritize on-premises solutions for sensitive data management, showing the importance of data security in the market.
     
  • Additionally, on-premises deployment allows organizations to customize the software according to their needs and integrate it with existing systems and workflows.
     
  • On-site deployment provides faster data processing and analysis, which is essential for time-sensitive spectroscopic applications.
     
  • For large-scale operations, on-premises deployment can be more cost-effective over time, as it eliminates ongoing subscription fees associated with cloud-based alternatives. This financial advantage, combined with data control, customization, and performance benefits, strengthens the dominance of on-premises deployment in the market.

 

Spectroscopy Software Market, By Application (2024)

Based on application, the spectroscopy software market is segmented into food testing, environment testing, forensic science, pharmaceuticals, and other applications. The pharmaceutical segment of the market, which held a 28.9% share in 2024, is expected to grow significantly in the coming years.
 

  • Drug quality and safety have been at the forefront of focus with the prescription measures as well as sufficient concern for the deployment of advanced analytical techniques such as spectroscopic software.
     
  • With the progress occurring in drug discovery, the demand for high-throughput screening also increases which further implies that this software solution is required to analyze large volumes of data appropriately.
     
  • Sophisticated software enhanced spectroscopic techniques have gained immense popularity and propelled the research and development pharmaceutical market. These methods facilitate drug compound molecular monitoring and characterization on a large scale.
     
  • During 2023, the U.S. Food and Drug Administration (FDA) gave a thumbs up to 55 new drugs. The approval further proves the increased dependency of the pharmaceutical drug manufacturing spectrum on the analytical tools that modern day spectroscopy software has to offer for purposes such as drug formulation and quality assurance.
     
  • These advances are bound to increase the demand for spectroscopy software in the coming years.

 

 U.S. Spectroscopy Software Market, 2021 – 2034 (USD Million)

The U.S. dominated the North American spectroscopy software market with revenue of USD 310.2 million in 2024 and is projected to witness substantial growth over the forecast period.
 

  • As per the National Center for Science and Engineering Statistics (NCSES) 2022 report, R&D expenditure in the US in 2021 was USD 789.1 billion. This led to innovations in the spectroscopy software sector as well.
     
  • Moreover, the market expansion is also due to the presence of spectroscopy software developing companies and instrument manufacturers in the US.
     
  • Further, the great use of analytical technologies in the US laboratories as well as regulatory requirements in food safety and pharmaceutical industries increases the software demand greatly.
     
  • These reasons are anticipated to fuel the growth of the U.S. market during the specified period.
     

The market in the UK is expected to grow significantly from 2025 to 2034.
 

  • The UK market is being driven by the increasing use of spectroscopy methods in pharmaceutical and biotechnology research fueled by the growing need for analytical equipment in academic and industrial labs. The market expansion is being driven by investments into research and development across all sciences.
     
  • Moreover, the development of new spectroscopy instruments, powerful data analysis software, and new uses in environmental monitoring and food safety are all contributing to the growth of the market. This is alongside government policies which boost scientific research and innovation in the UK.
     

Asia Pacific spectroscopy software market is anticipated to grow significantly between 2025 and 2034.
 

  • The growth of the market is attributed to the industrialization and technological progression of China, Japan, and South Korea, that$ have all made significant spending on research and development in the pharmaceutical, materials science, and environmental monitoring sectors.
     
  • Moreover, the increase in demand for spectroscopy software is due to the heightened concern over food security and quality control in India and Southeast Asian nations because of regulations from the government and advocacy from the public.
     
  • These reasons will support growth in the Asia Pacific region.
     

The market in Saudi Arabia is expected to grow significantly from 2025 to 2034.
 

  • Investments in analytical technologies across various industries have boosted the adoption of spectroscopy software in research institutes, quality control labs, and industrial facilities due to the initiatives of 'Vision 2030'.
     
  • Moreover, the demand for data analysis as well as international compliance is rising alongside the growth of pharmaceutical and petrochemical industries. These factors will bolster the Saudi Arabia market in the next few years.
     

Spectroscopy Software Market Share

The market for spectroscopy consists of existing players and new ones. Key competitors are Thermo Fisher Scientific, Bruker Corporation, Agilent Technologies, PerkinElmer, and Shimadzu Corporation. These players compete based on software capabilities, user interface, integration options, data processing, and client servicing. The market leaders set themselves apart through superior features such as ML algorithms for spectral analysis, cloud data storage, and compatibility with many devices.
 

Further, there are constant improvements fueled by research and development expenditures in the market. Companies partner with academic and research institutions to foster innovation. Further, they engage in mergers and acquisitions, as well as geographical expansion in a bid to consolidate their market share and enter new markets. The increasing need for sophisticated data analysis tools has pushed companies towards developing effective and friendly software solutions which has propelled the market growth.
 

Spectroscopy Software Market Companies

Some of the eminent market participants operating in the spectroscopy software industry include:

  • Agilent Technologies
  • Advanced Chemistry Development
  • Bruker Corporation
  • Danaher Corporation
  • Genedata
  • Lablicate
  • Microsaic Systems
  • OpenMS
  • SCIEX
  • Shimadzu Corporation
  • SpectralWorks
  • Spectrum Software Solutions
  • StellarNet
  • Thermo Fisher Scientific
  • Waters Corporation
     

USPs for Top Players:

  • Well-known for providing highly detailed tools of data analysis for sample characteristics.
     
  • Focused on providing interdisciplinary software tailored to meet varying client orders.
     
  • Globally trusted for integrating seamless compatibility with a wide range of spectroscopy instruments and techniques.
     

Spectroscopy Software Industry News:

  • In June 2022, Waters Corporation introduced new instruments and software to accelerate drug development. The company launched the CONFIRM Sequence application on its waters_connect software platform for nucleic acid sequence confirmation. This development expanded the company's product portfolio and strengthened its position in the spectroscopy market.
     

The spectroscopy software market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2034 for the following segments:

Market, By Deployment Type

  • On-premises
  • Cloud 

Market, By Application

  • Food testing
  • Environmental testing
  • Forensic science
  • Pharmaceuticals
  • Other applications

The above information is provided for the following regions and countries:

  • North America 
    • U.S.
    • Canada
  • Europe 
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
  • Asia Pacific 
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Latin America 
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa 
    • South Africa
    • Saudi Arabia
    • UAE

 

Authors: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :
Who are some of the prominent players in the market?
Key players in the market include Agilent Technologies, Advanced Chemistry Development, Bruker Corporation, Danaher Corporation, Genedata, Lablicate, Microsaic Systems, OpenMS, SCIEX, Shimadzu Corporation, and SpectralWorks.
Why is the on-premises deployment segment dominating the market?
What is the size of the U.S. spectroscopy software industry?
How big is the spectroscopy software market?
Spectroscopy Software Market Scope
  • Spectroscopy Software Market Size
  • Spectroscopy Software Market Trends
  • Spectroscopy Software Market Analysis
  • Spectroscopy Software Market Share
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    Base Year: 2024

    Companies covered: 15

    Tables & Figures: 77

    Countries covered: 19

    Pages: 135

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