5G Test Equipment Market Opportunities 2031
Analyst Perspective
The 5G test equipment market has been on the rise for a few years. The biggest catalyst for the market growth is the evolution and advancement of technology. The equipment is essential for making sure that 5G reaches the new height they intend to reach. Whether or not they met their target is determined by how successful the testing is. Several sectors are increasing their dependency on testing equipment to ensure that their operations are operating at the optimum level. The rapid advancement of network connectivity will drive the 5G test equipment market growth over the forecast period.
Market Overview
There are various products involved in testing for the 5G network. These products analyze and measure the current flow and bandwidth. All must be able to generate signals that are according to the required standards. The advancement of technology has increased their capabilities, allowing them to function at the required standard. The 5G Testing Market is expected to grow with a CAGR of 7.2% during the forecast period. The number of users of smart devices has increased, and these devices require high connectivity, resulting in the 5G test equipment market growth.
Market Driver
Increasing Need for High-Speed Connectivity to Drive 5G Test Equipment Market Growth
The market is expected to witness growth during the forecast period owing to the increase in demand for high-speed transfer of data. Moreover, factors such as snowballing mobile data traffic along with rising adoption of smart gadgets, increasing technological advancement in the field of networking and communication, coupled with increasing interoperability of network technologies are among the factors contributing to the growing 5G test equipment market size.
Market Scope
The "Global 5G Test Equipment Market Analysis to 2031" is a specialized and in-depth study with a special focus on the market trend analysis. The report aims to provide an overview of the 5G test equipment market with detailed market segmentation by product, application, and geography. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Market Segmentation
The "Global 5G Test Equipment Market" is segmented based on product, application, and geography. Based on product, the market is segmented into oscilloscopes, signal and spectrum analyzers, generators, and others. Based on application, the market is segmented into functional testing, field testing, security testing, and application testing.
REGIONAL FRAMEWORK
The 5G test equipment market report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global 5G test equipment market based on various segments. It also provides market size and forecast estimates from 2021 to 2031 with respect to five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The report covers the analysis and forecast of 18 countries globally, along with the current trends and opportunities prevailing in the region.
The report analyzes factors affecting the 5G test equipment market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America, after evaluating political, economic, social, and technological factors affecting the automotive connector's market in these regions.
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MARKET PLAYERS
Have a question?
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Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The 5G test equipment market report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global 5G test equipment market based on various segments. It also provides market size and forecast estimates from 2021 to 2031 with respect to five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The report covers the analysis and forecast of 18 countries globally, along with the current trends and opportunities prevailing in the region.
The report analyzes factors affecting the 5G test equipment market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America, after evaluating political, economic, social, and technological factors affecting the automotive connector's market in these regions.
MARKET PLAYERS
The 5G test equipment market report covers key developments in the 5G test equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the 5G test equipment market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 5G test equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information for the last three years, and key developments in the past five years. Mentioned below is a list of the few major players in the market.
- Anritsu Corporation
- Keysight Technologies, Inc
- Spirent Communications PLC
- Viavi Solutions Inc.
- EXFO Inc.
- Rhode & Schwarz
- National Instruments Corp.
- Teradyne Inc.
- Advanced Test Equipment Corp.
- Simnovus Tech Private Ltd.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1. 1. SCOPE OF THE STUDY
1. 2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1. 3. MARKET SEGMENTATION
1. 3. 1 5G Test Equipment Market - By Product
1. 3. 2 5G Test Equipment Market - By Application
1. 3. 3 5G Test Equipment Market - By Region
1. 3. 3. 1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. 5G TEST EQUIPMENT MARKET LANDSCAPE
4. 1. OVERVIEW
4. 2. PORTER'S FIVE FORCES ANALYSIS
4. 2. 1 Bargaining Power of Buyers
4. 2. 1 Bargaining Power of Suppliers
4. 2. 1 Threat of Substitute
4. 2. 1 Threat of New Entrants
4. 2. 1 Competitive Rivalry
4. 3. ECOSYSTEM ANALYSIS
4. 4. EXPERT OPINIONS
5. 5G TEST EQUIPMENT MARKET - KEY MARKET DYNAMICS
5. 1. KEY MARKET DRIVERS
5. 2. KEY MARKET RESTRAINTS
5. 3. KEY MARKET OPPORTUNITIES
5. 4. FUTURE TRENDS
5. 5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. 5G TEST EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6. 1. 5G TEST EQUIPMENT - GLOBAL MARKET OVERVIEW
6. 2. 5G TEST EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING/MARKET SHARE
7. 5G TEST EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7. 1. OVERVIEW
7. 2. PRODUCT MARKET FORECASTS AND ANALYSIS
7. 3. OSCILLOSCOPES
7. 3. 1. Overview
7. 3. 2. Oscilloscopes Market Forecast and Analysis
7. 4. SIGNAL AND SPECTRUM ANALYZERS
7. 4. 1. Overview
7. 4. 2. Signal and Spectrum Analyzers Market Forecast and Analysis
7. 5. NETWORK ANALYZERS
7. 5. 1. Overview
7. 5. 2. Network Analyzers Market Forecast and Analysis
7. 6. GENERATORS
7. 6. 1. Overview
7. 6. 2. Generators Market Forecast and Analysis
7. 7. OTHERS
7. 7. 1. Overview
7. 7. 2. Others Market Forecast and Analysis
8. 5G TEST EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8. 1. OVERVIEW
8. 2. APPLICATION MARKET FORECASTS AND ANALYSIS
8. 3. FUNCTIONAL TESTING
8. 3. 1. Overview
8. 3. 2. Functional Testing Market Forecast and Analysis
8. 4. FIELD TESTING
8. 4. 1. Overview
8. 4. 2. Field Testing Market Forecast and Analysis
8. 5. SECURITY TESTING
8. 5. 1. Overview
8. 5. 2. Security Testing Market Forecast and Analysis
8. 6. APPLICATION TESTING
8. 6. 1. Overview
8. 6. 2. Application Testing Market Forecast and Analysis
9. 5G TEST EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9. 1. NORTH AMERICA
9. 1. 1 North America 5G Test Equipment Market Overview
9. 1. 2 North America 5G Test Equipment Market Forecasts and Analysis
9. 1. 3 North America 5G Test Equipment Market Forecasts and Analysis - By Product
9. 1. 4 North America 5G Test Equipment Market Forecasts and Analysis - By Application
9. 1. 5 North America 5G Test Equipment Market Forecasts and Analysis - By Countries
9. 1. 5. 1 United States 5G Test Equipment Market
9. 1. 5. 1. 1 United States 5G Test Equipment Market by Product
9. 1. 5. 1. 2 United States 5G Test Equipment Market by Application
9. 1. 5. 2 Canada 5G Test Equipment Market
9. 1. 5. 2. 1 Canada 5G Test Equipment Market by Product
9. 1. 5. 2. 2 Canada 5G Test Equipment Market by Application
9. 1. 5. 3 Mexico 5G Test Equipment Market
9. 1. 5. 3. 1 Mexico 5G Test Equipment Market by Product
9. 1. 5. 3. 2 Mexico 5G Test Equipment Market by Application
9. 2. EUROPE
9. 2. 1 Europe 5G Test Equipment Market Overview
9. 2. 2 Europe 5G Test Equipment Market Forecasts and Analysis
9. 2. 3 Europe 5G Test Equipment Market Forecasts and Analysis - By Product
9. 2. 4 Europe 5G Test Equipment Market Forecasts and Analysis - By Application
9. 2. 5 Europe 5G Test Equipment Market Forecasts and Analysis - By Countries
9. 2. 5. 1 Germany 5G Test Equipment Market
9. 2. 5. 1. 1 Germany 5G Test Equipment Market by Product
9. 2. 5. 1. 2 Germany 5G Test Equipment Market by Application
9. 2. 5. 2 France 5G Test Equipment Market
9. 2. 5. 2. 1 France 5G Test Equipment Market by Product
9. 2. 5. 2. 2 France 5G Test Equipment Market by Application
9. 2. 5. 3 Italy 5G Test Equipment Market
9. 2. 5. 3. 1 Italy 5G Test Equipment Market by Product
9. 2. 5. 3. 2 Italy 5G Test Equipment Market by Application
9. 2. 5. 4 United Kingdom 5G Test Equipment Market
9. 2. 5. 4. 1 United Kingdom 5G Test Equipment Market by Product
9. 2. 5. 4. 2 United Kingdom 5G Test Equipment Market by Application
9. 2. 5. 5 Russia 5G Test Equipment Market
9. 2. 5. 5. 1 Russia 5G Test Equipment Market by Product
9. 2. 5. 5. 2 Russia 5G Test Equipment Market by Application
9. 2. 5. 6 Rest of Europe 5G Test Equipment Market
9. 2. 5. 6. 1 Rest of Europe 5G Test Equipment Market by Product
9. 2. 5. 6. 2 Rest of Europe 5G Test Equipment Market by Application
9. 3. ASIA-PACIFIC
9. 3. 1 Asia-Pacific 5G Test Equipment Market Overview
9. 3. 2 Asia-Pacific 5G Test Equipment Market Forecasts and Analysis
9. 3. 3 Asia-Pacific 5G Test Equipment Market Forecasts and Analysis - By Product
9. 3. 4 Asia-Pacific 5G Test Equipment Market Forecasts and Analysis - By Application
9. 3. 5 Asia-Pacific 5G Test Equipment Market Forecasts and Analysis - By Countries
9. 3. 5. 1 Australia 5G Test Equipment Market
9. 3. 5. 1. 1 Australia 5G Test Equipment Market by Product
9. 3. 5. 1. 2 Australia 5G Test Equipment Market by Application
9. 3. 5. 2 China 5G Test Equipment Market
9. 3. 5. 2. 1 China 5G Test Equipment Market by Product
9. 3. 5. 2. 2 China 5G Test Equipment Market by Application
9. 3. 5. 3 India 5G Test Equipment Market
9. 3. 5. 3. 1 India 5G Test Equipment Market by Product
9. 3. 5. 3. 2 India 5G Test Equipment Market by Application
9. 3. 5. 4 Japan 5G Test Equipment Market
9. 3. 5. 4. 1 Japan 5G Test Equipment Market by Product
9. 3. 5. 4. 2 Japan 5G Test Equipment Market by Application
9. 3. 5. 5 South Korea 5G Test Equipment Market
9. 3. 5. 5. 1 South Korea 5G Test Equipment Market by Product
9. 3. 5. 5. 2 South Korea 5G Test Equipment Market by Application
9. 3. 5. 6 Rest of Asia-Pacific 5G Test Equipment Market
9. 3. 5. 6. 1 Rest of Asia-Pacific 5G Test Equipment Market by Product
9. 3. 5. 6. 2 Rest of Asia-Pacific 5G Test Equipment Market by Application
9. 4. MIDDLE EAST AND AFRICA
9. 4. 1 Middle East and Africa 5G Test Equipment Market Overview
9. 4. 2 Middle East and Africa 5G Test Equipment Market Forecasts and Analysis
9. 4. 3 Middle East and Africa 5G Test Equipment Market Forecasts and Analysis - By Product
9. 4. 4 Middle East and Africa 5G Test Equipment Market Forecasts and Analysis - By Application
9. 4. 5 Middle East and Africa 5G Test Equipment Market Forecasts and Analysis - By Countries
9. 4. 5. 1 South Africa 5G Test Equipment Market
9. 4. 5. 1. 1 South Africa 5G Test Equipment Market by Product
9. 4. 5. 1. 2 South Africa 5G Test Equipment Market by Application
9. 4. 5. 2 Saudi Arabia 5G Test Equipment Market
9. 4. 5. 2. 1 Saudi Arabia 5G Test Equipment Market by Product
9. 4. 5. 2. 2 Saudi Arabia 5G Test Equipment Market by Application
9. 4. 5. 3 U. A. E 5G Test Equipment Market
9. 4. 5. 3. 1 U. A. E 5G Test Equipment Market by Product
9. 4. 5. 3. 2 U. A. E 5G Test Equipment Market by Application
9. 4. 5. 4 Rest of Middle East and Africa 5G Test Equipment Market
9. 4. 5. 4. 1 Rest of Middle East and Africa 5G Test Equipment Market by Product
9. 4. 5. 4. 2 Rest of Middle East and Africa 5G Test Equipment Market by Application
9. 5. SOUTH AND CENTRAL AMERICA
9. 5. 1 South and Central America 5G Test Equipment Market Overview
9. 5. 2 South and Central America 5G Test Equipment Market Forecasts and Analysis
9. 5. 3 South and Central America 5G Test Equipment Market Forecasts and Analysis - By Product
9. 5. 4 South and Central America 5G Test Equipment Market Forecasts and Analysis - By Application
9. 5. 5 South and Central America 5G Test Equipment Market Forecasts and Analysis - By Countries
9. 5. 5. 1 Brazil 5G Test Equipment Market
9. 5. 5. 1. 1 Brazil 5G Test Equipment Market by Product
9. 5. 5. 1. 2 Brazil 5G Test Equipment Market by Application
9. 5. 5. 2 Argentina 5G Test Equipment Market
9. 5. 5. 2. 1 Argentina 5G Test Equipment Market by Product
9. 5. 5. 2. 2 Argentina 5G Test Equipment Market by Application
9. 5. 5. 3 Rest of South and Central America 5G Test Equipment Market
9. 5. 5. 3. 1 Rest of South and Central America 5G Test Equipment Market by Product
9. 5. 5. 3. 2 Rest of South and Central America 5G Test Equipment Market by Application
10. INDUSTRY LANDSCAPE
10. 1. MERGERS AND ACQUISITIONS
10. 2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10. 3. NEW PRODUCT LAUNCHES
10. 4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. 5G TEST EQUIPMENT MARKET, KEY COMPANY PROFILES
11. 1. ADVANCED TEST EQUIPMENT CORP.
11. 1. 1. Key Facts
11. 1. 2. Business Description
11. 1. 3. Products and Services
11. 1. 4. Financial Overview
11. 1. 5. SWOT Analysis
11. 1. 6. Key Developments
11. 2. ANRITSU CORPORATION
11. 2. 1. Key Facts
11. 2. 2. Business Description
11. 2. 3. Products and Services
11. 2. 4. Financial Overview
11. 2. 5. SWOT Analysis
11. 2. 6. Key Developments
11. 3. ARTIZA NETWORKS, INC.
11. 3. 1. Key Facts
11. 3. 2. Business Description
11. 3. 3. Products and Services
11. 3. 4. Financial Overview
11. 3. 5. SWOT Analysis
11. 3. 6. Key Developments
11. 4. EXFO INC.
11. 4. 1. Key Facts
11. 4. 2. Business Description
11. 4. 3. Products and Services
11. 4. 4. Financial Overview
11. 4. 5. SWOT Analysis
11. 4. 6. Key Developments
11. 5. KEYSIGHT TECHNOLOGIES, INC.
11. 5. 1. Key Facts
11. 5. 2. Business Description
11. 5. 3. Products and Services
11. 5. 4. Financial Overview
11. 5. 5. SWOT Analysis
11. 5. 6. Key Developments
11. 6. ROHDE AND SCHWARZ
11. 6. 1. Key Facts
11. 6. 2. Business Description
11. 6. 3. Products and Services
11. 6. 4. Financial Overview
11. 6. 5. SWOT Analysis
11. 6. 6. Key Developments
11. 7. SIMNOVUS TECH PRIVATE LIMITED
11. 7. 1. Key Facts
11. 7. 2. Business Description
11. 7. 3. Products and Services
11. 7. 4. Financial Overview
11. 7. 5. SWOT Analysis
11. 7. 6. Key Developments
11. 8. SPIRENT COMMUNICATIONS PLC
11. 8. 1. Key Facts
11. 8. 2. Business Description
11. 8. 3. Products and Services
11. 8. 4. Financial Overview
11. 8. 5. SWOT Analysis
11. 8. 6. Key Developments
11. 9. TELEDYNE TECHNOLOGIES INCORPORATED
11. 9. 1. Key Facts
11. 9. 2. Business Description
11. 9. 3. Products and Services
11. 9. 4. Financial Overview
11. 9. 5. SWOT Analysis
11. 9. 6. Key Developments
11. 10. VIAVI SOLUTIONS INC.
11. 10. 1. Key Facts
11. 10. 2. Business Description
11. 10. 3. Products and Services
11. 10. 4. Financial Overview
11. 10. 5. SWOT Analysis
11. 10. 6. Key Developments
12. APPENDIX
12. 1. ABOUT THE INSIGHT PARTNERS
12. 2. GLOSSARY OF TERMS
The List of Companies
- Advanced Test Equipment Corp.
- Anritsu Corporation
- Artiza Networks, Inc.
- EXFO Inc.
- Keysight Technologies, Inc.
- Rohde and Schwarz
- Simnovus Tech Private Limited
- Spirent Communications PLC
- Teledyne Technologies Incorporated
- VIAVI Solutions Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.