2024 Management System Certification Market Summary: 5 Key Findings
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What Growth Projections are in Place for the Management System Certification Market Between 2024-2033?
The management system certification market is expected to grow from $29 billion in 2023 to $30.7 billion in 2024, with a CAGR of 5.9%. This growth is driven by the focus on quality management, environmental performance demands, occupational health and safety emphasis, and the complexity of supply chains.
The management system certification market is expected to see strong growth, reaching $38.83 billion by 2028 at a CAGR of 6%. Growth is driven by the need for enhanced security and globalization. Trends include AI integration, blockchain for transparency, and remote auditing.
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What Are the Major Factors Contributing to the 2024 Management System Certification Market Summary: 5 Key Findings Market Expansion?
The growing frequency of data breaches is expected to boost the management system certification market. Data breaches involve unauthorized access to sensitive information, driven by evolving cyber threats. Management system certification enhances organizations’ ability to manage information security risks. For instance, the Identity Resource Theft Center reported 2,116 data breaches in 2023, surpassing the previous record. Therefore, the rise in data breaches is driving the management system certification market.
Which Key Segments Shape 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
What Are the Transformative Trends Influencing the Management System Certification Market?
Major firms in the management system certification market are leveraging AI to streamline processes. In January 2024, BSI launched a new package to support responsible AI management, aligning with international standards to enhance certification practices.
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What Regions Are Leading the Growth Trajectory of the Management System Certification Market?
Asia-Pacific was the largest region in the management system certification market in 2023. The regions covered in the management system certification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Management System Certification Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the management system certification market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Management System Certification Market Include
1. Management System Certification Market Executive Summary
2. Management System Certification Market Segments
3. Management System Certification Market Size And Template Market Growth Rate
4. Key Management System Certification Market Trends
5. Major Management System Certification Market Drivers
……
25. Key Mergers And Acquisitions In The Management System Certification Market
26. Top Management System Certification Companies
27. Management System Certification Market Opportunities And Strategies
28. Management System Certification Market, Conclusions And Recommendations
29. Appendix
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