Asia Pacific Region to Display Higher Potential for ISO Certifications in the Years to Follow;
Europe to Gain High Traction During 2017-2025
Persistence Market Research has analyzed several factors of the ISO certification market from a
global perspective and has skilfully presented the insights based on these aspects in its new research
publication titled “ISO Certification Market: Global Industry Analysis (2012-2016) and Forecast
(2017-2025)”. The analytical research study covers various trends, developments, restraints and
challenges faced by ISO certificates which has impacted the global market for ISO certificates.The
report covers analysis on each and every segment of the ISO certification market thus giving a
realistic market scenario which can be used to assess future moves from a strategic standpoint.
Global ISO Certification Market: Current Scenario
The global ISO certification market is valued at about US$ 11.8 Bn in 2017. The global market has
witnessed a negative CAGR and is poised to reach a valuation of around US$ 2.8 Bn by the end of
2025. The huge volume of re-certification during the timeline 2017-2018 and huge renewal of
certifications during the year 2023-2024 is the main reason for the market to show a negative
CAGR.
Request Sample: https://www.persistencemarketresearch.com/samples/19369
Global ISO Certification Market: Drivers
With the emergence of new technologies and launching of new products, plenty of nonstandard, low
quality products are available in the market. These products may prove harmful to customers in
various ways. As a result, customers are becoming increasingly aware of the safety and quality of
products, thereby raising the demand for products which are certified with some renowned
standards. As such, all the renowned enterprises across various industries are increasingly focusing
on the standardization of their products and processes, giving rise to growth in the certification
market.
Environmental degradation has become a cause of concern in major parts of the world. Recently,
numerous government regulations tightened the operations of industries in order to reduce their
harmful effects on the environment. Stringent regulations have also has forced industries to obtain
environmental management systems certification so that their operations remain unhindered. Apart
from sticking to governmental regulations, industries now experience a lot of other benefits,
including monetary and non-monetary benefits, like gaining a competitive advantage, growing
interest of insurance companies, increasing investor confidence, creating a positive public image,
and developing better customer relationships. Moreover, certifications can enhance the business
operations by enabling them to use the resources more effectively and reduce the amount of waste
generated by them. All these benefits lure organizations across various industries to get certified
with the latest environmental management systems certifications, thereby raising demand for the
ISO 14001:2015 certifications market.
Download TOC: https://www.persistencemarketresearch.com/toc/19369
Global ISO Certification Market: Restraints
The process of certification relies on heavy documentation, which requires a long amount of time to
complete. This long-lasting process increases the complexity of the business, thereby hindering the
operations of companies, especially the small firms. This may hold back many companies from
attaining certification, thereby hindering the growth of the market. This coupled with high cost of