$0.00
Global Management System Certification Market
Report Preview
The products without certification can be used for a short period owing to their cost-effective manufacturing. Uncertified products are usually developed from sub-standard components expected to fail the testing of the safety and quality standards.
Products that meet the certification requirements are safe to use. They are tested to meet the highest standards for safeguarding the health and safety of users. Certification services are available to all industries, ranging from small consumer electronics to aerospace. For instance, certification services used for agricultural products and food items check the quality of seeds and crops.
The seed certification includes the seed source verifications, field inspections, seed quality analysis, seed genetic purity evaluations, and seed treatments, along with their bagging and tagging, as well as issuing relevant certificates.
Verification services check the uniformity, completeness, and accuracy of products in terms of efficiency and performance at each stage and between each stage of the product development lifecycle.
Global Management System Certification Market: Overview
The global management system certification market valued at $26.48 Billion in 2022, is projected to reach a value of $40.64 Billion in 2030, growing at a CAGR of 5.5%.
| Attribute | Key Insights |
| Estimated Market Value (2022) | 26.46 USD Billion |
| Forecasted Market Value (2032) | 40.64 USD Billion |
| CAGR % 2023-2028 | 5.5% |
| Leading Region | North America |
The certification market has witnessed considerable changes in terms of revenue shift from developed countries to smaller economies. For instance, smaller economies like Bangladesh and Nepal are focusing on improving their certification services for sectors like medical and life sciences so that the medical devices are tested and operate safely without causing any disruption while treating patients.
Across economies such as China, South Korea, and Japan, governments have shifted from physical platforms to digital platforms to enable improvements in core structures and services required for the public.
For example, Bureau Veritas, in early 2018, launched Origin, the world’s first traceability label to give consumers in the food & beverages, consumer goods, and retail industries complete end-to-end proof of a product’s journey.
Origin offers a smart and practical way for consumers to access information on each stage of a product’s journey.
Key Trends Of Global Management System Certification Market:
Increasing Focus On Manufacturing Companies To Improve Customer Retention:
Quality products help companies to not only achieve customer satisfaction and retention but also reduce the risk and costs associated with product recalls. Companies gain a competitive edge by following quality management standards.
Additionally, major certifications offered by recognized and credible authorities help such companies to improve their business credibility and overall efficiency.
Companies communicate with customers via adverts and marketing strategies through which they assure customers about product quality.
As a result, many people go for branded and certified products. Thus, branded companies earn better revenues.
Moreover, governments encourage the use of certified products and services to ensure the safety of people.
Varied Standards And Regulations Across Countries:
With globalization in trade, distinct local regulations and standards across various regions are likely to create barriers to the acceptance of products internationally. This creates conflicts between the local and international standards, thereby hindering market growth.
Variations in regulatory standards across different geographies also lead to discrepancies in tax rates, thereby resulting in additional costs for companies.
Certification companies are subject to local laws and must abide by the regulations and norms of countries in which they operate; this may hamper their efficiency.
Also, risks such as product failure and irregular functioning related to standardization and the quality of certification services provided by certification companies always exist.
Segmental Analysis Of Global Management System Certification Market:
Based On Certification Type:
- Product Management
- System Management
Product management by certification type segment is leading the sales of management system certification and is predicted to increase by a robust 4.5% CAGR during the forecast period.
Based On Service Type:
- Certification and Verification
- Training and Business Assurance
The demand for certification and verification in the services type segment is predicted to develop at the fastest rate. Sales of management system certification services serve as a gauge of a product’s safety, dependability, and quality.
Based On Application:
- Quality
- Environment
- Food Safety
- Information Security
- Occupational Health and Safety
- Others
Based On Industry:
- Marine
- Consumer Goods and Retail
- Industrial and Manufacturing
- Medical and Life Sciences
- Construction and Infrastructure
- Oil & Gas and Petroleum
- Aerospace
- Automotive
- IT and Telecom
- Energy and Power
Based On Region:
- North America
- US
- Canada
- Europe
- Spain
- Italy
- Germany
- UK
- France
- Asia-pacific
- China
- India
- Japan
- South Korea
- Middle East and Africa
- Saudi Arabia
- South Africa
- UAE
- Latin America
- Mexico
- Brazil
North America market can be primarily attributed to the increasing demand for management certifications from the global IT industry. In addition to this, a growing presence of several of the leading players in the global Management system certification market is also expected to work in favour of the overall development of the North America regional segment.
Competitive Landscape:
- Bureau Veritas
- INTERTEK
- TÜV SÜD
- Eurofins Scientific
- DEKRA
- DNV GL
- Applus+
- UL LLC
- Element Materials Technology
- QZEAL Certification
- The British Standards Institution
- Indian Register Quality Systems (IRQS)
- DQS certification India Pvt. Ltd.
- Nemko
- Otabu Global Services Pvt. Ltd.
- CSA Group Testing & Certification Inc.
- ABS Group
- NSF
- Management Systems Certification Ltd
- Others
Scope of The Report:
Global Management System Certification Market: Base Year- 2022
Global Management System Certification Market: Historical Year- 2019-2021
Global Management System Certification Market: Forecast Year- 2022-2032
Global Management System Certification Market: CAGR- 5.5%
Global Management System Certification Market: USD Value in 2022- $26.48 Billion
Global Management System Certification Market: USD Value in 2032- $40.64 Billion
Segments Covered- Certification type, Service Type, Industry, Application and Region
ToC
“1. Global Management System Certification Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Management System Certification Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2018 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2030
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Global Management System Certification Market Scope and Market Estimation
1.4.1. Global Management System Certification Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2018 to 2030)
1.4.2. Global Management System Certification Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2018 to 2030
1.5. Management System Certification Market Segmentation
1.5.1. Certification Type of Global Management System Certification Market
1.5.2. Service Type of Global Management System Certification Market
1.5.3. Application of Global Management System Certification Market
1.5.4. Industry of Global Management System Certification Market
1.5.5. Key Regions of Global Management System Certification Market
- Global Management System Certification Market – Executive Summary
2.1. Global Management System Certification Market – Summary & Snapshot
2.2. Global Management System Certification Market, By Certification Type (US$ Million)
2.3. Global Management System Certification Market, By Service Type (US$ Million)
2.4. Global Management System Certification Market, By Application (US$ Million)
2.5. Global Management System Certification Market, By Industry (US$ Million)
2.6. Global Management System Certification Market, By Geography (US$ Million)
2.7. Global Management System Certification Market Outlook & Future Opportunities
- Management System Certification Market Trends, Outlook, and Factors Analysis
3.1. Global Management System Certification Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Management System Certification Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Management System Certification Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Rising investments in modern technologies such as AI, ML, cloud computing, and big data
3.2.1.2. Rising focus of manufacturing companies to improve customer retention
3.2.1.3. Growing illicit trade of forged and pirated goods
3.2.2. Restraints
3.2.2.1. Changing standards and regulations across countries
3.2.3. Opportunities
3.2.3.1. Introduction of digital certification services after outbreak of COVID-19
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Management System Certification Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Management System Certification Market
3.9.1. By Certification Type
3.9.2. By Service Type
3.9.3. By Application
3.9.4. By Industry
3.9.5. By Regions
- Global Management System Certification Market: Estimates & Historic Trend Analysis (2018 to 2021)
4.1. Global Management System Certification Market, 2018 – 2021 (US$ Million)
4.2. Global Management System Certification Market, By Certification Type, 2018 to 2021 (US$ Million)
4.3. Global Management System Certification Market, By Service Type, 2018 to 2021 (US$ Million)
4.4. Global Management System Certification Market, By Application, 2018 to 2021 (US$ Million)
4.5. Global Management System Certification Market, By Industry, 2018 to 2021 (US$ Million)
4.6. Global Management System Certification Market, By Region, 2018 to 2021 (US$ Million)
- Global Management System Certification Market Estimates & Forecast Trend Analysis, by Certification Type
5.1. Global Management System Certification Market Share (%) Estimates and Forecasts, by Certification Type, 2022 & 2030
5.2. Global Management System Certification Market Revenue (US$ Million) Estimates and Forecasts, by Certification Type, 2022 to 2030
5.2.1. Product Certification
5.2.2. System Certification
- Global Management System Certification Market Estimates & Forecast Trend Analysis, by Service Type
6.1. Global Management System Certification Market Share (%) Estimates and Forecasts, by Service Type, 2022 & 2030
6.2. Global Management System Certification Market Revenue (US$ Million) Estimates and Forecasts, by Service Type, 2022 to 2030
6.2.1. Certification and Verification
6.2.2. Training and Business Assurance
- Global Management System Certification Market Estimates & Forecast Trend Analysis, by Application
7.1. Global Management System Certification Market Share (%) Estimates and Forecasts, by Application, 2022 & 2030
7.2. Global Management System Certification Market Revenue (US$ Million) Estimates and Forecasts, by Application, 2022 to 2030
7.2.1. Quality
7.2.2. Environment
7.2.3. Information Security
7.2.4. Occupational Health and Safety
7.2.5. Food Safety
7.2.6. Others
- Global Management System Certification Market Estimates & Forecast Trend Analysis, by Industry
8.1. Global Management System Certification Market Share (%) Estimates and Forecasts, by Industry, 2022 & 2030
8.2. Global Management System Certification Market Revenue (US$ Million) Estimates and Forecasts, by Industry, 2022 to 2030
8.2.1. Consumer Goods & Retail
8.2.2. Agriculture and Food
8.2.3. Construction and Infrastructure
8.2.4. Energy and Power
8.2.5. Industrial and Manufacturing
8.2.6. Medical and Life Sciences
8.2.7. Oil & Gas and Petroleum
8.2.8. Automotive
8.2.9. Aerospace
8.2.10. Marine
8.2.11. IT and Telecom
- Global Management System Certification Market Analysis and Forecast, by Region
9.1. Global Management System Certification Market Share (%) Estimates and Forecasts, by Region, 2022 & 2030
9.2. Global Management System Certification Market Revenue (US$ Million) Estimates and Forecasts, by Region, 2022 to 2030
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America
- North America Management System Certification Market: Estimates & Forecast Trend Analysis
10.1. North America Management System Certification Market Assessments & Key Findings
10.2. North America Management System Certification Market Share (%) Estimates and Forecasts, 2022 & 2030
10.3. North America Management System Certification Market Size Estimates and Forecast (US$ Million) (2022 to 2030)
10.3.1. By Certification Type
10.3.2. By Service Type
10.3.3. By Application
10.3.4. By Industry
10.3.5. By Major Country
10.3.5.1. The U.S.
10.3.5.2. Canada
- Europe Management System Certification Market: Estimates & Forecast Trend Analysis
11.1. Europe Management System Certification Market Assessments & Key Findings
11.2. Europe Management System Certification Market Share (%) Estimates and Forecasts, 2022 & 2030
11.3. Europe Management System Certification Market Size Estimates and Forecast (US$ Million) (2022 to 2030)
11.3.1. By Certification Type
11.3.2. By Service Type
11.3.3. By Application
11.3.4. By Industry
11.3.5. By Major Country
11.3.5.1. Germany
11.3.5.2. The U.K.
11.3.5.3. France
11.3.5.4. Italy
11.3.5.5. Spain
11.3.5.6. Rest of Europe (includes all other European countries)
- Asia Pacific Management System Certification Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Management System Certification Market Assessments & Key Findings
12.2. Asia Pacific Management System Certification Market Share (%) Estimates and Forecasts, 2022 & 2030
12.3. Asia Pacific Management System Certification Market Size Estimates and Forecast (US$ Million) (2022 to 2030)
12.3.1. By Certification Type
12.3.2. By Service Type
12.3.3. By Application
12.3.4. By Industry
12.3.5. By Major Country
12.3.5.1. China
12.3.5.2. Japan
12.3.5.3. India
12.3.5.4. ASEAN
12.3.5.5. South Korea
12.3.5.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
- Middle East & Africa Management System Certification Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Management System Certification Market Assessments & Key Findings
13.2. Middle East & Africa Management System Certification Market Share (%) Estimates and Forecasts, 2022 & 2030
13.3. Middle East & Africa Management System Certification Market Size Estimates and Forecast (US$ Million) (2022 to 2030)
13.3.1. By Certification Type
13.3.2. By Service Type
13.3.3. By Application
13.3.4. By Industry
13.3.5. By Major Country
13.3.5.1. GCC
13.3.5.2. South Africa
13.3.5.3. Egypt
13.3.5.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
- Latin America Management System Certification Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Management System Certification Market Share (%) Estimates and Forecasts, 2022 & 2030
14.3. Latin America Management System Certification Market Size Estimates and Forecast (US$ Million) (2022 to 2030)
14.3.1. By Certification Type
14.3.2. By Service Type
14.3.3. By Application
14.3.4. By Industry
14.3.5. By Major Country
14.3.5.1. Brazil
14.3.5.2. Mexico
14.3.5.3. Rest of Latin America (includes all other Latin America countries)
- Competitive Landscape
15.1. Management System Certification Market Revenue Share Analysis (%), by Major Players (2021)
15.2. Management System Certification Market Competition Matrix, by Leading Players
15.3. Management System Certification List of Emerging, Prominent and Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
- Company Profiles
16.1. SGS SA
16.1.1. Company Overview & Insights
16.1.2. Financial Performance
16.1.3. Product / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
16.2. Bureau Veritas
16.3. INTERTEK
16.4. TÜV SÜD
16.5. Eurofins Scientific
16.6. DEKRA
16.7. DNV GL
16.8. Applus+
16.9. UL LLC
16.10. Element Materials Technology
16.11. QZEAL Certification
16.12. The British Standards Institution
16.13. Indian Register Quality Systems (IRQS)
16.14. DQS certification lIndia Pvt. Ltd.
16.15. Nemko
16.16. Otabu Global Services Pvt.Ltd.
16.17. CSA Group Testing & Certification Inc.
16.18. ABS Group
16.19. NSF
16.20. Management Systems Certification Ltd
16.21. Others
- Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Sources
17.13. Assumptions
17.14. Limitations
- Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts”
Quick Contact
+13217109863
info@markettreeresearch.com
