The testing, inspection, and certification (TIC) market is undergoing a rapid transformation, driven by the rise of digitalization. The testing, inspection, and certification market is estimated to grow from USD 217.78 billion in 2022 and is likely to grow at a CAGR of 4.02% during 2023-2028 to reach USD 275.83 billion by 2028.

 Digital technologies such as artificial intelligence (AI), robotics, drones, and big data analytics are enabling TIC providers to improve their efficiency, accuracy, and customer service.

Key trends driving digitalization in the TIC market

There are a number of key trends driving the digitalization of the TIC market. These include:

  • The increasing complexity of products and services. As products and services become more complex, traditional TIC methods are becoming less effective. Digital technologies can help TIC providers to meet the challenges of testing, inspecting, and certifying complex products and services.
  • The growing demand for remote TIC services. The COVID-19 pandemic has accelerated the demand for remote TIC services. Digital technologies can help TIC providers to deliver remote services without sacrificing quality or accuracy.
  • The need to improve efficiency and productivity. TIC providers are facing increasing pressure to improve their efficiency and productivity. Digital technologies can help TIC providers to automate tasks, streamline processes, and reduce costs.
  • The growing importance of data. Digital technologies are enabling TIC providers to collect and analyze large amounts of data. This data can be used to improve the accuracy and efficiency of TIC services, as well as to develop new services and products.

How TIC providers are using digital technologies

TIC providers are using digital technologies in a variety of ways. Some of the most common applications include:

  • AI-powered testing and inspection: AI is being used to develop automated testing and inspection systems. These systems can be used to test and inspect products and services more quickly and accurately than traditional methods.
  • Robotics: Robots are being used to perform tasks such as welding inspection, NDT testing, and asset inspection. Robots can help to improve the safety and efficiency of TIC services.
  • Drones: Drones are being used to inspect assets in difficult-to-reach areas, such as power lines and oil and gas rigs. Drones can help to reduce the cost and risk of TIC services.
  • Big data analytics: TIC providers are using big data analytics to identify trends and patterns in their data. This information can be used to improve the accuracy and efficiency of TIC services, as well as to develop new services and products.

Benefits of digitalization for TIC providers

The digitalization of the TIC market is offering a number of benefits to TIC providers, including:

  • Improved efficiency and productivity: Digital technologies can help TIC providers to automate tasks, streamline processes, and reduce costs.
  • Increased accuracy and reliability: Digital technologies can help TIC providers to improve the accuracy and reliability of their services.
  • Enhanced customer service: Digital technologies can help TIC providers to improve their customer service by offering remote services, real-time data sharing, and self-service tools.
  • New business opportunities: Digital technologies are enabling TIC providers to develop new services and products, such as data-driven insights and predictive maintenance.

Challenges and opportunities

The digitalization of the TIC market is also presenting some challenges to TIC providers. These challenges include:

  • The need to invest in new technologies: Digital technologies can be expensive to implement and maintain. TIC providers need to invest in new technologies in order to remain competitive.
  • The need to upskill employees: Digital technologies require new skills and knowledge. TIC providers need to invest in training and development programs to ensure that their employees have the skills they need to succeed in the digital age.
  • The need to protect data: Digital technologies generate a lot of data. TIC providers need to invest in data security and privacy measures to protect their customers' data.

Despite the challenges, the digitalization of the TIC market is presenting a number of opportunities for TIC providers. By embracing digital technologies, TIC providers can improve their efficiency, accuracy, and customer service, as well as develop new services and products.

Conclusion

The digitalization of the TIC market is a transformative trend that is having a major impact on the industry. TIC providers that embrace digital technologies will be well-positioned to succeed in the future.