Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Management System Certification Market size was over USD 67.9 billion in 2024 and is estimated to reach USD 158.1 billion by the end of 2037, expanding at a CAGR of 7.3% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the management system certification is assessed at USD 72.8 billion.
The global market is experiencing steady growth, driven by the increasing need for organizations to comply with international standards, improve operational efficiency, and enhance customer satisfaction. The market is also supported by the rising demand for certifications in areas including information security (ISO 27001) and environmental sustainability, reflecting the growing global emphasis on data protection and climate change mitigation. Additionally, the increasing complexity of global supply chains and heightened consumer expectations for corporate responsibility drive organizations to pursue certifications demonstrating their commitment to quality, safety, and sustainability.
Companies are also prioritizing global market expansion. In December 2022, IMQ officially announced that from January 2023 onwards, management system certifications issued by IMQ will be distinguished by a new mark, IMQ Certified, replacing the CSQ logo. This transition aligns with the global trend of adopting internationally recognized standards to enhance market credibility. This shift reflects the growing demand for certifications that meet local and international regulatory requirements. This trend is further anticipated to boost the market growth during the forecast period.
Management System Certification Sector: Growth Drivers and Challenges
Growth Drivers
- Global trade facilitation: The growth of international trade has heightened the need for streamlined operations, compliance with global standards, and regulatory alignment. Management system certifications, such as ISO standards, play a critical role in facilitating cross-border trade by ensuring consistent quality, environmental, and safety practices. These certifications help businesses meet international requirements, reduce trade barriers, and enhance supply chain efficiency, making them indispensable for companies aiming to expand in the global marketplace. For instance, in October 2023, DEKRA acquired the environmental testing laboratories of Weiss Technik Testing Services, further strengthening DEKRA's product testing portfolio in North America, which is critical for developing its certification solutions.
- Customer trust and brand reputation: Consumers are now increasingly conscious of sustainability, quality, and ethical practices, where certifications act as a mark of credibility and reliability. As per an article by the World Economic Forum dated June 2022, 90% of executives consider sustainability significant in today’s world, whereas, only 60% of organizations have sustainability strategies. Businesses are hence focusing on receiving management system certifications to demonstrate their commitment to excellence and compliance, which fosters customer trust. As consumer awareness and expectations rise, certifications have become essential for building and maintaining brand image.
Challenges
- Limited access for SMEs: This poses a significant challenge in the management system certification market by restricting their ability to afford and engage in certification processes. High costs, resource constraints, and a lack of tailored support often prevent SMEs from adopting certified management systems, leaving them at a competitive disadvantage compared to larger organizations. Additionally, limited awareness of certification benefits further hinders their participation, reducing the overall inclusivity and market growth of certification services.
- Rapid evolution of industry standards: The pace of technological advancements and shifting market demands drive the frequent revision of industry standards, creating a dynamic yet challenging environment. The rapid evolution can lead to uncertainty, making long-term planning difficult for companies striving to maintain certifications while developing innovative solutions. This volatility produces a barrier to market entry and complicates efforts to sustain competitive advantages in the global market.
Management System Certification Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
7.3% |
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Base Year Market Size (2024) |
USD 67.9 billion |
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Forecast Year Market Size (2037) |
USD 158.1 billion |
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Regional Scope |
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Management System Certification Segmentation
Certification Standard (ISO 9001, ISO 14001, ISO 45001, ISO 27001 ISO 50001)
By 2037, ISO 9001 segment is expected to dominate over 73.4% management system certification market share. ISO9001 is the most widely recognized and implemented standard of quality management systems. It is versatile and universally accepted across various industries, from manufacturing and services to healthcare and education. The standard emphasizes key principles such as customer satisfaction, and process efficiency. As per the International Organization of Standardization January 2024, the update of ISO 9001 has begun, to ensure that the revised standard addresses current and future needs and to facilitate its understanding and application to users. The update is estimated to be a 2-year process.
Scope of Certification (Single Site, Multi-site, Global)
Based on the scope of certification, the single site segment is expected to hold a considerable share of the management system certification market during the forecast period. The segment majorly dominates owing to its simplicity, cost-effectiveness, and ease of management compared to multi-site certifications. This is particularly beneficial for smaller businesses or organizations with centralized operations, as it reduces auditing costs and administrative burdens. In December 2022, the Government of India launched the National Single Window System (NSWS) to simplify regulatory approvals for businesses operating at a single location, aligning with the focus of single site certification on centralized operations, and help them implement efficient management systems.
Our in-depth analysis of the global market includes the following segments:
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Certification Standard |
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Organization Size |
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Scope of Certification |
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Certification Body Type |
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Industry Vertical |
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Customize this ReportManagement System Certification Industry - Regional Synopsis
North America Market Analysis
In management system certification market, North America region is poised to capture over 46.6% revenue share by 2037. The region’s market is dominated by a strong focus on regulatory compliance and corporate sustainability initiatives. The growing focus on ESG (environmental, Social, Governance) frameworks among investors also pushes companies to secure certifications that validate their commitment to sustainable and responsible business practices.
The U.S. management system certification market is fueled by competitive market dynamics and international trade compliance. Certifications such as ISO 27001 are increasingly sought after, given the heightened awareness of cybersecurity threats. The U.S. government’s emphasis on green initiatives and carbon neutrality goals has bolstered interest in ISO 14001 and related environmental standards. For instance, the U.S. President passed Executive Order 14057 on catalyzing clean energy industries and jobs in America through Federal sustainability and accompanying Federal Sustainability Plan by 2050.
Canada market is driven by the growing export-oriented economy which necessitates ISO certifications to comply with international trade requirements. Organizations in Canada also prioritize workplace safety, leading to increased adoption of certifications such as ISO 45001. The collaborative approach between industries and government agencies supports the widespread adoption of management standards.
Europe Market Statistics
The management system certification market in Europe is driven by strict regulatory frameworks and the European Union’s commitment to sustainability and innovation. Companies actively seek certifications to comply with EU directives and enhance competitiveness in global markets. EU’s regulatory outline and initiatives promote commercial and social responsibility, which further drives the demand for certification services. Europe’s focus on technological advancements and innovations correspondingly plays a crucial role in market expansion.
France market companies pursue certifications to align with national and EU sustainability goals. The government’s active promotion of green business practices and incentives for companies to adopt energy-efficient systems drive demand for ISO 50001. Furthermore, the country’s robust industrial sector values certifications as a means to improve quality standards and maintain competitiveness. For instance, in October 2024, Bureau Veritas announced the acquisition of Aligned Incentives to enhance its ability to analyze and verify Scope 3 emissions, enabling the company to meet regulatory demands by improving supply chain transparency.
Germany management system certification sector is driven by the country’s export-oriented economy, green hydrogen initiatives, and the circular economy. Companies involved in emerging sectors such as hydrogen energy production seek certifications including ISO 14001 and ISO 50001 to showcase sustainable practices and energy efficiency. Additionally, the growing emphasis on waste reduction and resource efficiency promoted the adoption of ISO 14006 in the country.
Companies Dominating the Management System Certification Landscape
- ASTM
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- DNV Group AS
- DQS Holding GmbH
- Drata Inc.
- Holding Socotec
- IMQ S.p.A.
- Lloyd's Register Group Services Limited
- RINA S.p.A.
- The British Standards Institution
- TUV NORD GROUP
- Bureau Veritas
- IFC Certification
In the global management system certification market, companies adopt a variety of strategic approaches to achieve and maintain certifications such as ISO 14001:2015. Key strategies include integrating sustainability and environmental objectives into their core business operations to ensure compliance and enhance corporate responsibility. Firms invest in comprehensive training programs to educate employees about best practices and the importance of adherence to international standards.
Additionally, companies collaborate with reputable third-party certification bodies to ensure impartial assessments and credibility. Businesses also use certifications as marketing tools to access new international markets. For instance, in September 2024, Fujitec Co., Ltd. became the first company from Japan to obtain certification for elevator maintenance using remote monitoring. Fujitec acquired this certification, promoted by the Singapore government, through its group company Fujitec Singapore Corporation Ltd.
In the News
- In April 2024, SOCOTEC USA, which is a leading TIC (Testing, Inspection, and Certification) provider, announced four strategic acquisitions of DnA Controlled Inspection, Future Tech Consultants of New York (FTC), FDNY, and Gorman Jr. Fire Alarm Consulting Services, and ANDT Inspection, aiming to help clients build and maintain safe and sustainable assets.
- In December 2023, Avance Labs, the accredited code manager for International Renewable Energy Certificates (I-REC) related to hydrogen and its derivative fuels and products, and Bureau Veritas signed a memorandum of understanding (MoU). Through the agreement, Bureau Veritas acts as an exclusive Assurance Service Provider in the piloting phase of the I-REC (HX) Hydrogen Code.
Author Credits: Abhishek Verma
- Report ID: 6839
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT
