Tag: and Certification Industry

The global testing, inspection and certification (TIC) market was valued at USD 183.21 billion in 2018 and is expected to reach USD 283.73 billion in 2026, growing at a CAGR of 5.6% during the forecast period. The growth of the testing, inspection and certification (TIC) market is primarily driven by the increasing awareness of the consumers on significance of certified products.  Increasing levels of strict rules and regulations have started a change from a voluntary-based risk management approach to compulsory testing. Read More>>