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Press release content from Business Wire. The AP news staff was not involved in its creation.

Worldwide Certificate Testing Industry to 2026 - Developments in Emerging Markets Present Opportunities - ResearchAndMarkets.com

November 24, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Nov 24, 2021--

The “Certificate Testing Market Research Report by Product, Sourcing Type, End-user Vertical, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Certificate Testing Market size was estimated at USD 36.79 billion in 2020, is expected to reach USD 38.19 billion in 2021, and projected to grow at a CAGR of 4.12% reaching USD 46.90 billion by 2026.

Competitive Strategic Window

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

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FPNV Positioning Matrix

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Certificate Testing Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

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4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Certificate Testing Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Certificate Testing Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Certificate Testing Market?

4. What is the competitive strategic window for opportunities in the Global Certificate Testing Market?

5. What are the technology trends and regulatory frameworks in the Global Certificate Testing Market?

6. What is the market share of the leading vendors in the Global Certificate Testing Market?

7. What modes and strategic moves are considered suitable for entering the Global Certificate Testing Market?

Market Dynamics

Drivers

  • Outsourcing of the certificate testing services
  • Growing adoption of smart and wireless devices
  • Stricter regulations and standards

Restraints

  • Non uniform regulations

Opportunities

  • Developments in emerging markets
  • Collaborative strategies by companies for innovative products and services

Challenges

  • Troubleshooting issues with certificate testing

Companies Mentioned

  • ALS Limited
  • Apave International
  • Applus Services SA
  • AsureQuality Ltd.
  • BSI Group
  • Bureau Veritas
  • Compliance Engineering Pty Ltd.
  • Dekra Certification GmbH
  • Demko
  • Eurofins Scientific
  • Exova Group PLC
  • Intertek Group PLC
  • Kiwa NV
  • Korea Conformity Laboratories
  • Korea Testing and Certification Institute
  • Korea Testing Certification
  • National Standard Authority of Ireland
  • National Technical Systems Inc.
  • NSF International
  • RRMG Ltda
  • SGS SA
  • Standardization and Certification NYCE, S.C.
  • TUV Nord Group
  • TUV SUD Ltd.
  • Underwriters Laboratories LLC

For more information about this report visit https://www.researchandmarkets.com/r/tqf5ic

View source version on businesswire.com:https://www.businesswire.com/news/home/20211124006035/en/

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KEYWORD:

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY INTERNET

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 11/24/2021 09:19 AM/DISC: 11/24/2021 09:19 AM

http://www.businesswire.com/news/home/20211124006035/en