ISO Certifications Market 2022

Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033

ISO Certification Market with COVID-19 Impact by Certification Type (ISO 22301: 2012, ISO/IEC 27032: 2012, ISO 27001-2013, ISO 9001:2015, ISO 14001: 2015, ISO Lead Auditor Training), by Industry (Aerospace, Chemical, IT, Machinery, Transportation, Others), by Region – Global Forecast to 2033

Region: Global | Format: Word, PPT, Excel | Report Status: Ongoing

According to the Market Statsville Group (MSG), the global ISO certifications market size is expected to grow from USD 17.86 billion in 2022 to USD 51.44 billion by 2033 at a rapid pace with a CAGR of 10.43% over the forecast period (2023-2030). The ISO certification is an internationally accepted standard of quality assurance that helps to build customer confidence while also providing a competitive advantage in the market. The increasing demand for quality assurance and product safety measures is one of the primary factors driving the growth of the ISO certifications market. Moreover, the increasing requirement for product differentiation and customer loyalty are also contributing to the growth of the market.

Market Definition

ISO certification is a set of standards issued by the International Organization for Standardization (ISO). The certification is based on a third-party audit of a company's quality management system (QMS). It provides a guarantee to the customer that the product or service provided is of good quality and meets the customer's requirements. It also helps companies to build trust with customers as it is an assurance of quality.

ISO certifications are internationally recognized certifications that provide assurance to organizations, customers, and stakeholders that the organization is committed to continuous improvement and adheres to international standards. These certifications are awarded to organizations that demonstrate their commitment to quality, environmental, and health and safety management systems.

ISO Certifications Market Dynamics

The global ISO certifications market is primarily driven by the increasing demand for quality assurance and product safety measures. Moreover, increasing customer demand for product differentiation and customer loyalty is expected to further drive the market growth. Companies are increasingly adopting ISO certifications to differentiate their products from competitors, thereby driving the growth of the market. Additionally, government regulations and standards are also expected to drive the growth of the market.

Market Drivers:

The increasing awareness of product safety and the need to adhere to customer expectations are the major factors driving the demand for ISO certification solutions. Furthermore, the implementation of ISO certification solutions helps organizations in making cost savings, as they are able to achieve efficiency in terms of energy savings, improved processes and workflow, and reduced waste. Additionally, organizations are increasingly using ISO certification solutions in order to increase customer satisfaction and build customer loyalty.

Increasing demand for quality management systems: The increasing demand for quality management systems among organizations is a major driver of the Global ISO Certifications Market. Organizations are seeking to improve their quality management systems to ensure that their products and services meet customer requirements.

Growing importance of environmental management systems: The growing importance of environmental management systems is another driver of the Global ISO Certifications Market. Organizations are seeking to reduce their carbon footprint and minimize their impact on the environment.

Rising demand for health and safety management systems: The rising demand for health and safety management systems among organizations is a major driver of the Global ISO Certifications Market. Organizations are seeking to ensure the health and safety of their employees, customers, and stakeholders.

Market Trends:

The rising demand for digital transformation and the growing adoption of new technologies, such as cloud computing, big data, and the Internet of Things (IoT), are expected to drive the demand for ISO certification solutions. Moreover, organizations are increasingly leveraging ISO certification solutions for improved safety and security in the manufacturing sector. Additionally, the rising adoption of ISO certification solutions in emerging economies, such as India and China, is expected to fuel the market growth.

Increasing number of small and medium-sized enterprises seeking ISO certifications: The increasing number of small and medium-sized enterprises seeking ISO certifications is a major trend in the Global ISO Certifications Market. Small and medium-sized enterprises are recognizing the benefits of ISO certifications and seeking to improve their quality management systems, environmental management systems, and health and safety management systems.

Growing number of organizations seeking multiple ISO certifications: The growing number of organizations seeking multiple ISO certifications is a major trend in the Global ISO Certifications Market. Organizations are seeking to obtain multiple ISO certifications to demonstrate their commitment to continuous improvement and their adherence to international standards.

Key Segments Covered in the ISO Certifications Market Industry Survey

ISO Certifications Market by Product Type Outlook (Sales, USD Billion, 2017-2030)

  • ISO 22301: 2012
  • ISO/IEC 27032: 2012
  • ISO 27001-2013
  • ISO 9001:2015
  • ISO 14001: 2015
  • ISO Lead Auditor Training

ISO Certifications Market by Industry Outlook (Sales, USD Billion, 2017-2030)

  • Aerospace
  • Business process outsourcing (BPO)
  • Construction
  • Chemical and Fiber
  • Information Technology
  • Machinery and Equipment
  • Metallurgy
  • Retail
  • Transportation, Storage and Communication
  • Others

ISO Certifications Market by Region Outlook (Sales, USD Billion, 2017-2030)

  • North America (US, Canada, Mexico)
  • Europe (Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Belgium, the Netherlands, Norway, Sweden, Czech Republic, Slovakia, Slovenia, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Vietnam, Singapore, Australia & New Zealand, Rest of Asia Pacific)
  • South America (Brazil, Argentina, Peru, Colombia, Rest of South America)
  • The Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Qatar, Northern Africa, Rest of MEA)

Regional Outlook:

The Global ISO Certifications Market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The Asia-Pacific region is expected to be the largest market for ISO certifications, driven by the increasing demand for quality management systems, environmental management systems, and health and safety management systems among organizations in the region.

Key Players:

These companies are leaders in the market and provide a range of ISO certifications to organizations in various industries. The key players in the ISO certifications market are –

  • Bureau Veritas S. A.
  • International Standards Certifications Global FZ LLC
  • Lloyd's Register Group Limited
  • Intertek Group plc
  • UL LLC
  • SGS S.A.
  • DEKRA e.V.
  • BSI Group
  • Certification Europe
  • NQA
  • Lakshy Management Consultant Pvt. Ltd.
  • URS Holdings
  • Others

(Note: In the final report, we prefer maximum-to-maximum leading firms with the recent development, partnership, and acquisition of the companies.)

Report Scope and Details

Report Attribute

Details

Market Size in 2022

USD 17.86 billion

Market Size in 2033

USD 51.44 billion

CAGR (2023-2033)

10.43%

Base Year for Estimation

2022

Historic Year

2018-2022

Forecast Period

2023-2033

Quantitative Units

Revenue in USD Million & CAGR from 2023-2033

Market Factor Analysis

  • Wheel of Opportunity
  • CXO’s Perspective
  • Recommendation and Conclusion
  • Market Attractive Index for each segment and region
  • Investment pocket opportunities in the market
  • Future Estimation and Forecast for the market
  • PESTEL and Porter's
  • SWOT Analysis
  • Covid-19 Pre-and-Post Impact 
  • Market Trends and Opportunities

Segments Covered

Regions Covered

  • North America
  • South America
  • Asia Pacific
  • Europe
  • Middle East & Africa (MEA)

Countries Profiled

  • US
  • Canada
  • Mexico
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Thailand
  • Malaysia
  • Vietnam
  • Singapore
  • Australia
  • New Zealand
  • Germany
  • the UK
  • France
  • Italy
  • Spain
  • Russia
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Israel
  • Turkey

Customization Scope

Free 20% report customization with the purchase within a specific period.

 

Key Issues Addressed

  • What is the market size by various segmentation of the serial device server by region and its respective countries?
  • What are the customer buying behavior, key takeaways, and Porter's 5 forces of the serial device server market?
  • What are the key opportunities and trends for manufacturers involved in the Serial Device Server supply chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of Serial Device Server in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.

Frequently Asked Questions

  • Key Issues Addressed
  • What is the market size and growth rate for different segmentations at a global, regional, & country level?
  • What is the customer buying behavior, key takeaways, and Porter's 5 forces of the market?
  • What are the key opportunities and trends for manufacturers involved in the supply chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of in the market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Who are the leading companies operating in the market? Also, who are the prominent startups that disrupt the market in coming years?
  • PUBLISHED ON: MARCH, 2024
  • BASE YEAR: 2023
  • FORECAST PERIOD: 2024-2033
  • STUDY PERIOD: 2019 - 2033
  • COMPANIES COVERED: 15
  • COUNTRIES COVERED: 24
  • NO OF PAGES: 188

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