ISO Certification Market Scope
ISO certification is a seal of approval from a third party body that a company runs to one of the international standards developed and published by the International Organization for Standardization (ISO). It certifies that a management system, manufacturing process, service, or documentation procedure has all the requirements for standardization and quality assurance.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Bureau Veritas (France), DNV GL (Norway), SGS S.A. (Switzerland), Intertek Group plc (United Kingdom), BSI Group (United Kingdom) and URS Holdings (United Kingdom) |
CAGR | % |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA estimates that United Kingdom Players will contribute to the maximum growth of Global ISO Certification market throughout the predicted period.
Bureau Veritas (France), DNV GL (Norway), SGS S.A. (Switzerland), Intertek Group plc (United Kingdom), BSI Group (United Kingdom) and URS Holdings (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global ISO Certification market by Type , by Application (Information Technology, Metallurgy, Retail, Construction, Machinery and Equipment, Transportation, Storage and Communication, Chemical and Fiber, Aerospace, BPO and Others) and Region with country level break-up.
On the basis of geography, the market of ISO Certification has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Influencing Trend:
Increased Company's Focus on International Standard Manufacturing Procedures
Market Growth Drivers:
Growing Importance of ISO Certification and Increased Consumer Awareness about ISO Standard
Challenges:
Stringent Government Rules and Regulations
Restraints:
Less Awareness in Some Regions
Opportunities:
Growing Expansion Opportunities for Companies in New Markets and Increasing Demand from End-users
Key Target Audience
ISO Certification Providers, Emerging Companies, Research Professionals and End-users