Global Testing, Inspection And Certification(TIC) Market to Register 1.7X Rise in Growth by 2029

The global testing, inspection and certification (TIC) market is poised for 1.7X growth in terms of value over 2019–2029, as indicated by a new Persistence Market Research (PMR) report. Digitalization and privatization of organizations continue to increase the demand for the outsourcing of TIC services. Vendors in the market are leveraging advanced technologies such as Internet of Things (IoT) to boost their offerings and services in the market space.

Also, rise in the number of cyber-attacks across the world is significantly increasing the requirement for the security of technologically-advanced systems, thereby, positively influencing the growth of testing, inspection and certification market.

Get Sample Copy Of This [email protected]

Key Takeaways of Testing, Inspection and Certification Market Study

  • Testing continues to generate a major portion of the revenue in the TIC market.
  • Outsourcing adoption rate would witness an upward trend throughout the forecast period (2019 to 2029).
  • Industrial application continues to account for a significant market share.
  • Europe would maintain its lead in the global testing, inspection and certification market.
  • Owing to stringent regulations, TIC services remain highly sought-after in the transportation sector.
  • Advanced technologies such as IoT are generating lucrative opportunities for vendors in the testing inspection and certification market.

“Vendors in the testing, inspection and certification market can significantly boost their market presence by providing technologically-advanced services to their clients. Increasing demand for standardization and certification in the automotive sector is projected to generate profitable opportunities for TIC market players over the coming years,” says a PMR analyst.

Ask An [email protected]

Competition Landscape of Testing Inspection and Certification Market

Some of the prominent players in the global testing, inspection and certification market space that are covered in this study include, but are not limited to, Bureau Veritas SA, Intertek Group plc, TUV SUD AG, DNV GL, DEKRA, MISTRAS Group Inc., ATRAC Group, and Applus. TIC market players are strategizing their expansion through acquisitions, joint ventures, and partnerships. Companies are reviving their conventional inspection services with the help of advanced technologies such as big data. They are offering advanced services of digital inspection and predictive maintenance to attain a competitive edge in the testing, inspection and certification market.

You Can Checkout This Complete [email protected]

More Valuable Insights on the Testing, Inspection and Certification Market

A new market research report published by Persistence Market Research (PMR) on the global testing, inspection and certification platform market includes global industry analysis of 2014-2018 and opportunity assessment for 2019-2029. The report provides valuable insights on the basis of service (testing, inspection, and certification), sourcing (in-house and outsourcing), and end-use industry (consumer & retail, food & agriculture, electrical & electronics, oil, gas & chemicals, mining & minerals, Industrial, and transportation), across seven major regions of the world.

Explore Extensive Coverage of PMR`s

Industrial Automation Sector

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]
Website –