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Testing, Inspection, and Certification Market Worth $143 3 Billion by 2027- Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®
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Testing, Inspection, and Certification Market Worth $143 3 Billion by 2027- Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®
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Testing, Inspection, And Certification Market worth $ 324 32 Billion, Globally, by 2028 at 5 21% CAGR: Verified Market Research
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Testing, Inspection, And Certification Market worth $ 324 32 Billion, Globally, by 2028 at 5 21% CAGR: Verified Market Research™
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This report provides an in-depth analysis of the testing, inspection, and certification market in five major geographies and emphasizes on the current market trends, market size, market shares, recent developments, and forecast to 2027. The testing, inspection, and certification market is expected to reach $105.99 billion by 2027, at a CAGR of 2.4% during the forecast period, 2020-2027.
The growth of this market is mainly attributed to the rise in the illicit trade of forged & pirated goods, strict regulatory standards imposed by governments, and the utilization of advanced technologies for new TIC processes. In addition, the rising awareness among consumers regarding product quality & safety and the growing significance of TIC services across various industry verticals are also expected to support the growth of the testing, inspection, and certification market in the coming years. However, concerns regardi