Europe TIC Market for IT & Telecom Industry reached USD 4.1 billion in 2030, currently, in 2023 the market is USD 1.1 billion with a projected CAGR of 3.7% from 2025 to 2030.
The Europe TIC Market for IT & Telecom Industry reached USD 4.1 billion in 2030, currently, in 2023 the market is USD 1.1 billion with a projected CAGR of 3.7% from 2025 to 2030.
Due to the factors such as increased regulatory compliance, the rapid development of new technologies and globalization, the European market for Testing, Inspection, and Certification (TIC) services for the IT & Telecom industry shall grow. Also, growing use of 5G, AI, IoT and Machine Learning, the IT and telecom industries require robust TIC services to assess new products and systems. Strict regulations across Europe ensure product quality, safety, and interoperability. However, Trade conflicts, economic fluctuations, the necessity for industrial safety systems, and the high cost of TIC due to different international standards and regulations are some of the challenges facing the Europe TIC Market for IT & Telecom Industry.
Browse market data Tables and Figures spread through 90 Pages and in-depth TOC on Europe TIC Market for IT & Telecom Industry By Sourcing Type (In-House and Outsourced), By Service Type (Testing, Inspection and Certification), By Industry Vertical (In-Vitro Diagnostics, Dental Equipment, Ophthalmic Devices, Diagnostic Equipment, Hospital Supplies, Cardiovascular Devices, Surgical Equipment, Patient Monitoring Devices, Orthopaedic Devices, Diabetes Care Devices, Nephrology And Urology Devices, ENT Devices, Anaesthesia And Respiratory Devices, Neurology Devices, Wound Care Devices, Implantable Devices, Batteries and Medical Components, Home Healthcare Devices and Others) and By Geography (Europe) - Forecast from 2025 to 2030.
Europe TIC Market for IT & Telecom Industry Segmentation and Key Players
|
Segment / Key Players |
Categorization |
|
Sourcing Type |
In-House and Outsourced |
|
Service Type |
Testing, Inspection, and Certification |
|
Industry Vertical |
Radio Equipment Directive, FCC Testing, IMDA Equipment registration Network, Data Centre, Radio & Wireless Testing, Digital Payments, Radio Frequency Equipment, Specific Absorption Rate (SAR) Testing, Electromagnetic Compatibility (EMC) Testing, Environmental Testing, and Others |
|
Key Players |
Bureau Veritas, UL LLC, SGS SA, Eurofins Scientific, TUV Rheinland, TUV SUD, The Lloyd Register Group Limited, Element Materials Technology, Applus+., Intertek Group plc |
By sourcing, in-house dominated the Europe TIC Market for IT & Telecom Industry.
In-house holds the largest share as in-house testing, inspection, and certification will provide organizations with control over their processes in technology, laboratories, skilled personnel, and testing and measurement equipment.
"Germany dominated the Europe TIC Market for IT & Telecom Industry."
Germany dominates the TIC market for IT & Telecom Industry due to its strong industrial and manufacturing base drives demand across multiple sectors, including IT and telecom.
Some of the major players in this market are Bureau Veritas, UL LLC, SGS SA, Eurofins Scientific, TUV Rheinland, TUV SUD, The Lloyd Register Group Limited, Element Materials Technology, Applus+., Intertek Group plc
Europe TIC Market for IT & Telecom Industry coverage (By Value)
- Sourcing Insight and Forecast 2025 - 2030
- In-House
- Outsourced
- Service Type Insight and Forecast 2025 - 2030
- Testing
- Inspection
- Certification
- Industry Vertical Insight and Forecast 2025 - 2030
- Radio Equipment Directive
- FCC Testing
- IMDA Equipment registration Network
- Data Centre
- Radio & Wireless Testing
- Digital Payments
- Radio Frequency Equipment
- Specific Absorption Rate (SAR) Testing
- Electromagnetic Compatibility (EMC) Testing
- Environmental Testing
- Others
Geographical Segmentation
Europe TIC Market for IT & Telecom Industry by Region
- Europe