Global Testing Inspection Certification(TIC) Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Application and Forecast 2019 - 2025


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Testing, Inspection, and Certification (TIC) Market was valued at USD XX Billion in 2017 and is projected to reach a value of USD XX billion by 2023, at a CAGR of XX % at 2023. The testing, inspection, and certification (TIC) market comprises companies that assist manufacturers and distributors in improving the marketability of their products. TIC services help manufacturers to improve productivity, comply with the global standards, enhance product quality, increase profitability, and ensure safety and brand security, thereby improving product performance and mitigating all critical risks while strengthening their brands The primary reasons for this rise in demand is the increasing need for safety, surge in the illicit trade of counterfeit and pirated goods, advancements in networking and communication technologies, and inclination toward outsourced TIC services.