Professional Certification is a multi-billion dollar global industry and is projected to reach $349.27 billion by 2030 with a compound annual growth rate of 5.3%.
It is extremely rare that a domain name which is the actual name of an industry comes on the market. They don't! They are all taken.
This domain name "ProfessionalCertification.COM" is for sale or lease. We are now accepting offers for this valuable and important domain name.
"In 2018, more than 43 million people in the United States held a professional certification or license." (BLS)
"The global testing, inspection and certification market size was valued at $213.60 billion in 2020, and is projected to reach $349.27 billion by 2030, growing at a CAGR of 5.3% from 2021 to 2030." (Allied Market Research)
"The global testing, inspection, and certification market size is anticipated to reach USD 309.03 billion by 2028 and exhibit a CAGR of 5.7% during the forecast period." (Fortune Business Insights)
"The testing inspection and certification industry is poised to grow to USD 271.97 Billion by 2027 end. The testing inspection and certification market size to reached a valuation of 198.52 Billion in 2020 and is expected to grow at 4.6% CAGR during the 2020-2027 periods." (Brandessence Market Research)
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Below is a small sampling of the available peer reviewed academic research regarding professional certification.
There are more than 4000 professional certification bodies in the United States alone. (Renski, 2018).
Professional certification provides credible evidence of an individual's knowledge, skills, and abilities and is a basis of employment qualifications (Cunningham, 2019; Elwell, 2017; Mbise, 2021; Renski, 2018; Tannian & Coston, 2021). In addition, professional certification provides for broader career opportunities resulting in a higher labor participation rate and lower unemployment rate.
Professional certifications are often used by employers in making hiring decisions (Hunsinger & Smith, 2009; Hunsinger et al., 2011; Mbise, 2021; Renski, 2018; Tannian & Coston, 2021).
Employers often prefer employment applicants to have more than one certification (Adams et al., 2004). In one study, over 50% of employers preferred job candidates with at least two certifications (Hunsinger & Smith, 2009).
Several studies have shown that employees with professional certifications receive higher earnings, benefits, and career advancement than those without certification (Adams et al., 2004; Cunningham, 2019; Hunsinger & Smith, 2009; Hunsinger et al., 2011; Martin, 2015; Renski, 2018).
Some employers consider professional certification as a part of the career path (Hunsinger & Smith, 2009) while some other employers require professional certification (Adams et al., 2004; Cunningham, 2019).
Organizations have seen several benefits from hiring individuals that have professional certification (Elwell, 2017; Hunsinger & Smith, 2009; Hunsinger et al., 2011). These benefits include financial gain, time and cost savings, efficient applicant evaluation, functional area productivity benefits, contract terms compliance, higher employee satisfaction, higher retention rates, and reduced outsourcing risk. In the area of education, organizations realize improved teaching quality and student performance (Hunsinger et al., 2011; Mbise, 2021).
Click the button below to view a list of jobs and careers that use professional certifications.
The list shows that the Professional Certification industry is vast and has a direct connection to virtually all other industries.
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