Management System Certification Market Expansion Continues, with Forecast Valuation of $41.01 Billion by 2029

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What Is the Expected CAGR for the Management System Certification Market Through 2025?
In the past few years, the market size for management system certification has seen substantial growth. Projected to increase from $30.7 billion in 2024 to $32.68 billion in 2025, it's estimated to experience a compound annual growth rate (CAGR) of 6.4%. Factors attributing to this growth during the historical period include elevated focus on regulatory requirements for certification related to quality management, heightened demand for enhanced environmental performance, increased importance placed on occupational health and safety, and the escalating intricacy of supply chains.

What's the Projected Size of the Global Management System Certification Market by 2029?
The market size for the management system certification is anticipated to witness substantial expansion in the forthcoming years. By 2029, it is projected to reach $41.01 billion, with a 5.8% compound annual growth rate (CAGR). This anticipated growth within the forecasted period is credited to the rising need for better information security, the global expansion of businesses, increasing customer consciousness, and demand for eco-friendly products, as well as stakeholder pressure for certification and the competitive edge acquired through certification. Key trends for the prediction period are AI and automation integration, the use of blockchain for added transparency and traceability, the rise of remote and virtual auditing, the augmented application of digital tools and technologies, the amalgamation of management systems, and an upward trend in the adoption of remote audit technologies.

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Top Growth Drivers in the Management System Certification Industry: What's Accelerating the Market?
The surge in data breaches frequency is anticipated to spur the expansion of the management system certification market in the future. Unapproved access to sensitive data, including financial files, intellectual assets, or personal information, falls under data breaches. With cybercriminals' evolving strategies and the susceptibility created by decentralized work settings, data breaches are on the rise. The management system certification has the potential to significantly bolster a company's capacity to ward off and lessen data breaches by setting up a solid structure for managing information security hazards and instituting sufficient security controls. For example, the US-based non-profit organization, Identity Resource Theft Center, reported a significant increase in data breaches in November 2023, with a total of 2,116 cases, a new high compared to the previous record of 1,862 breaches in the entire year of 2021. Thus, the escalating frequency of data breaches is fueling the expansion of the management system certification market.

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Which Emerging Trends Are Transforming the Management System Certification Market in 2025?
Dominant businesses in the management system certification market are incorporating artificial intelligence methods to establish a competitive advantage. Artificial intelligence has the capacity to scrutinize massive data sets from various resources to discern trends, patterns, and irregularities. This examination can assist certification bodies and organizations in improving their certification procedures, pinpoint potential enhancements, and make choices based on data. For example, in January 2024, BSI, a company that offers business solutions based in the UK, facilitated responsible AI management with a set of new measures designed to help organizations safely incorporate AI. This initiative involves certification to a revolutionary management system intended to ensure the safe, secure and responsible adoption of Artificial Intelligence (AI) throughout society. Lined up with the newly introduced international management system standard for AI (BS ISO/IEC 42001), this scheme aids organizations in the responsible application of AI by tackling issues such as non-transparent automated decision-making, machine learning utilization, and continuous learning.

What Are the Main Segments in the Management System Certification Market?
The management system certification market covered in this report is segmented -

1) By Certification Type: Product Certification, Management System Certification
2) By Service Type: Certification And Verification, Training And Business Assurance
3) By Application: Quality Management Systems, Occupational Health And Safety, Information Security And Information Technology (IT), Cyber Security, Food And Safety, Environmental Management, Other Applications
4) By Vertical: Consumer Goods And Retail, Agriculture And Food, Chemicals, Construction And Infrastructure, Energy And Power, Industrial And Manufacturing, Mining, Oil And Gas And Petroleum, Public, Other Verticals

Subsegments:
1) By Product Certification: Safety Certification, Quality Certification, Environmental Certification, Others
2) By Management System Certification: ISO 9001, ISO 14001, ISO 45001, ISO 22000, ISO 50001, Others

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Which Top Companies are Driving Growth in the Management System Certification Market?
Major companies operating in the management system certification market report are SGS SA; Bureau Veritas Group; Eurofins Scientific Group; DEKRA Group; Intertek Group; TÜV SÜD Group; TÜV Rheinland Group; Underwriters Laboratories Group; DNV GL Group; Technischer Überwachungsverein Nord Group; Lloyd's Register Group; SOCOTEC Certification Group; British Standards Institution Group; Kiwa Group; SAI Global Group; NSF International Group; APCER Group; DQS Inc.; National Quality Assurance Group; ABS Quality Evaluations Group; International Association of Plumbing and Mechanical Officials Group; Quality Austria Group; Global Compliance Certification Group; QMS International Group

Which Regions Will Dominate the Management System Certification Market Through 2029?
Asia-Pacific was the largest region in the management system certification market in 2024. The regions covered in the management system certification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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