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Global ISO Certification Market Study Reveals Growth Factors and Competitive Outlook for Future

Global ISO Certification Market Study Reveals Growth Factors and Competitive Outlook for Future

 

 
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Global Market Study on ISO Certification: Construction Industry Segment to Reach a Market Valuation of About US$ 2.2 Bn by 2018 End” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global ISO Certification Market have been elaborated upon in the research report.

To Get Sample Report Click Here @ https://www.mrrse.com/sample/4008

The market study on ISO certificates provides an analysis of the global ISO certification market for the period of 2016-2025, wherein, 2016 is the base year and 2017 to 2025 is the forecast period. The study covers all the prevalent trends and products playing a major role in the growth of the market over the forecast period. It also highlights various restraints, trends and opportunities expected to influence the growth of the market during the forecast period. The market is segmented on the basis of certification, industry, and region.

The market size is estimated considering several factors such as certification costs, consulting costs, auditing costs and lead auditor training fees. Also, the renewal cycle of each certification, year on year newly registered ISO certification and re-certification deadline for newly launched versions like ISO 9001:2015 and ISO 14001:2015. In this report, the CAGR is negative for quality management system ISO 9001:2015 and information security management system ISO 27001:2013 certification. This is because of huge volume of re-certification from the ISO 9001:2008 version to the ISO 9001:2015 version and the 14001:2004 to ISO 14001:2015 version. ISO 9001 and ISO 14001 had higher adoption, and hold more than 90% of the market share during 2017-2018. This is mainly due to the huge volume of re-certification during the period 2017-2018. Because of this factor, the CAGR is negative for ISO 9001 and 14001 certifications, which is reflecting across all regions and industries. The global ISO certification market is valued at a market estimation of about US$ 11.8 Bn in 2017.

Others segment to lead the global market

Other segment in the industry category is expected to show high market value by the end of the 2025 as compared to other segments in the industry category. This segment is estimated to reach a valuation of more than US$ 1.5 Bn. In 2017, this segment reflected a value of US$ 6.4 Bn which is higher than other segments. This trend is likely to continue over the forecasted period.

The construction segment in the industry category is estimated to be the second largest in terms of market value. This segment, in 2017, generated revenue of more than US$ 1.4 Bn. By 2025, this segment is expected to show a value of around US$ 355 Mn, growing at a negative CAGR throughout the period of forecast, 2017-2025. The metallurgy segment is expected to show a value of about US$ 265 Mn and is valued at around US$ 950 Mn in 2017.

Read Comprehensive Overview of Report @ https://www.mrrse.com/iso-certification-market

Regional analysis of the industry category

In North America, the others segment by industry reflected a value of about US$ 157 Mn in 2017. The others region in this category is likely to lead the other segments by industry type. In Europe, the construction segment is the second largest in terms of market share and value. Asia Pacific region also shares the same standing of the other industry type segment. In Asia Pacific, the construction segment is the second largest followed by the metallurgy segment.

Weighted Market Segmentation

By Certification
ISO 9001:2015
ISO 27001-2013
ISO 22301: 2012
ISO/IEC 27032: 2012
ISO 14001: 2015
ISO Lead Auditor Training
By Industry
Information Technology
Metallurgy
Retail
Construction
Machinery and Equipment
Transportation, Storage and Communication
Chemical and Fiber
Aerospace
BPO
Others
By Region
North America
Europe
Latin America
Asia Pacific (APAC)
Middle East and Africa (MEA)

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

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