Airport E-gate Market Segments, Size, Share, Growth, Trends, and Forecast by 2031

Coverage: Airport E-gate Market covers analysis By Type (Automated, Semi-Automated); Application (Validity and Eligibility Check, Iris Verification, Fingerprint Verification, Data Authentication, Facial Verification, Others); Component Type (Hardware, Software, Service) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00016920
  • Category : Aerospace and Defense
  • No. of Pages : 150
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The Airport E-gate Market is expected to register a CAGR of 10.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The market is segmented into by Type, Application, Component Type and Component Type. The Type segment is divided into Automated, Semi-Automated. Based on Application, the global Airport E-gate market is segmented into Validity and Eligibility Check, Iris Verification, Fingerprint Verification, Data Authentication, Facial Verification, Others. Based on Component Type, the market is segmented into Hardware, Software, Service.

Purpose of the Report

The report Airport E-gate Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Airport E-gate Market Segmentation

Type
  • Automated
  • Semi-Automated
Application
  • Validity and Eligibility Check
  • Iris Verification
  • Fingerprint Verification
  • Data Authentication
  • Facial Verification
  • Others
Component Type
  • Hardware
  • Software
  • Service
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Airport E-gate Market Growth Drivers
  • Growing Security Concerns: The high threat of global security and the constant raises in border control mechanisms at airports have led to higher demand for more efficient and effective processing of passengers by e-gates, thus reducing risks associated with improper access and possible security failures. Improving security is one of the major drivers for undertaking the e-gate technology.
  • Focus on Improving Passenger Experience: Airports are increasingly prioritizing passenger experience to remain competitive. E-gates facilitate faster processing times, reducing congestion and wait times at immigration checkpoints, which enhances overall traveler satisfaction and encourages the adoption of automated solutions.
Airport E-gate Market Future Trends
  • Integration of AI in Security Processes: The incorporation of artificial intelligence (AI) into airport security processes is becoming a trend. AI can analyze data from e-gates to identify potential threats and enhance decision-making, improving overall security measures at airports.
  • Increased Use of Mobile Passport Control: The growing popularity of mobile passport control applications is influencing the airport e-gate market. Travelers using mobile apps for identity verification can seamlessly transition through e-gates, streamlining the process and enhancing passenger flow at airports.
Airport E-gate Market Opportunities
  • Collaboration with Technology Providers: Partnering with technology providers specializing in biometrics, software, and security solutions can create new opportunities for e-gate manufacturers. Collaboration can lead to innovative solutions that enhance the functionality and effectiveness of e-gate systems in airports.
  • Customization for Different Airport Needs: Offering customizable e-gate solutions tailored to specific airport requirements presents a lucrative opportunity. Airports vary in size, passenger demographics, and security needs, allowing manufacturers to develop tailored systems that meet unique operational challenges.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Airport E-gate Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Airport E-gate Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


Which are the leading players operating in the Airport E-gate market

Atos SE,COMINFO, a.s.,DERMALOG Identification System GmbH,IER,Josanti Infoimaging Ltd.,NEC Corporation,SITA,Thales Group,Vision-Box

What are the deliverable formats of the Airport E-gate market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

What is the expected CAGR of the Airport E-gate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Automated, Semi-Automated); Application (Validity and Eligibility Check, Iris Verification, Fingerprint Verification, Data Authentication, Facial Verification, Others); Component Type (Hardware, Software, Service) , and Geography (North America, Europe, Asia Pacific, and South and Central America)?

The Airport E-gate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Automated, Semi-Automated); Application (Validity and Eligibility Check, Iris Verification, Fingerprint Verification, Data Authentication, Facial Verification, Others); Component Type (Hardware, Software, Service) , and Geography (North America, Europe, Asia Pacific, and South and Central America) is estimated to witness a CAGR of 10.5% from 2023 to 2031

What are the driving factors impacting the Airport E-gate market?

The major factors driving the Airport E-gatemarket are: Growing Security Concerns

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Airport E-gate Market - By Type
1.3.2 Airport E-gate Market - By Application
1.3.3 Airport E-gate Market - By Component Type
1.3.4 Airport E-gate Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AIRPORT E-GATE 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. AIRPORT E-GATE 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. AIRPORT E-GATE MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRPORT E-GATE - GLOBAL MARKET OVERVIEW
6.2. AIRPORT E-GATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. AIRPORT E-GATE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. AUTOMATED
7.3.1. Overview
7.3.2. Automated Market Forecast and Analysis
7.4. SEMI-AUTOMATED
7.4.1. Overview
7.4.2. Semi-Automated Market Forecast and Analysis
8. AIRPORT E-GATE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. VALIDITY AND ELIGIBILITY CHECK
8.3.1. Overview
8.3.2. Validity and Eligibility Check Market Forecast and Analysis
8.4. IRIS VERIFICATION
8.4.1. Overview
8.4.2. Iris Verification Market Forecast and Analysis
8.5. FINGERPRINT VERIFICATION
8.5.1. Overview
8.5.2. Fingerprint Verification Market Forecast and Analysis
8.6. DATA AUTHENTICATION
8.6.1. Overview
8.6.2. Data Authentication Market Forecast and Analysis
8.7. FACIAL VERIFICATION
8.7.1. Overview
8.7.2. Facial Verification Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. AIRPORT E-GATE MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT TYPE
9.1. OVERVIEW
9.2. COMPONENT TYPE MARKET FORECASTS AND ANALYSIS
9.3. HARDWARE
9.3.1. Overview
9.3.2. Hardware Market Forecast and Analysis
9.4. SOFTWARE
9.4.1. Overview
9.4.2. Software Market Forecast and Analysis
9.5. SERVICE
9.5.1. Overview
9.5.2. Service Market Forecast and Analysis

10. AIRPORT E-GATE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Airport E-gate Market Overview
10.1.2 North America Airport E-gate Market Forecasts and Analysis
10.1.3 North America Airport E-gate Market Forecasts and Analysis - By Type
10.1.4 North America Airport E-gate Market Forecasts and Analysis - By Application
10.1.5 North America Airport E-gate Market Forecasts and Analysis - By Component Type
10.1.6 North America Airport E-gate Market Forecasts and Analysis - By Countries
10.1.6.1 United States Airport E-gate Market
10.1.6.1.1 United States Airport E-gate Market by Type
10.1.6.1.2 United States Airport E-gate Market by Application
10.1.6.1.3 United States Airport E-gate Market by Component Type
10.1.6.2 Canada Airport E-gate Market
10.1.6.2.1 Canada Airport E-gate Market by Type
10.1.6.2.2 Canada Airport E-gate Market by Application
10.1.6.2.3 Canada Airport E-gate Market by Component Type
10.1.6.3 Mexico Airport E-gate Market
10.1.6.3.1 Mexico Airport E-gate Market by Type
10.1.6.3.2 Mexico Airport E-gate Market by Application
10.1.6.3.3 Mexico Airport E-gate Market by Component Type
10.2. EUROPE
10.2.1 Europe Airport E-gate Market Overview
10.2.2 Europe Airport E-gate Market Forecasts and Analysis
10.2.3 Europe Airport E-gate Market Forecasts and Analysis - By Type
10.2.4 Europe Airport E-gate Market Forecasts and Analysis - By Application
10.2.5 Europe Airport E-gate Market Forecasts and Analysis - By Component Type
10.2.6 Europe Airport E-gate Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Airport E-gate Market
10.2.6.1.1 Germany Airport E-gate Market by Type
10.2.6.1.2 Germany Airport E-gate Market by Application
10.2.6.1.3 Germany Airport E-gate Market by Component Type
10.2.6.2 France Airport E-gate Market
10.2.6.2.1 France Airport E-gate Market by Type
10.2.6.2.2 France Airport E-gate Market by Application
10.2.6.2.3 France Airport E-gate Market by Component Type
10.2.6.3 Italy Airport E-gate Market
10.2.6.3.1 Italy Airport E-gate Market by Type
10.2.6.3.2 Italy Airport E-gate Market by Application
10.2.6.3.3 Italy Airport E-gate Market by Component Type
10.2.6.4 United Kingdom Airport E-gate Market
10.2.6.4.1 United Kingdom Airport E-gate Market by Type
10.2.6.4.2 United Kingdom Airport E-gate Market by Application
10.2.6.4.3 United Kingdom Airport E-gate Market by Component Type
10.2.6.5 Russia Airport E-gate Market
10.2.6.5.1 Russia Airport E-gate Market by Type
10.2.6.5.2 Russia Airport E-gate Market by Application
10.2.6.5.3 Russia Airport E-gate Market by Component Type
10.2.6.6 Rest of Europe Airport E-gate Market
10.2.6.6.1 Rest of Europe Airport E-gate Market by Type
10.2.6.6.2 Rest of Europe Airport E-gate Market by Application
10.2.6.6.3 Rest of Europe Airport E-gate Market by Component Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Airport E-gate Market Overview
10.3.2 Asia-Pacific Airport E-gate Market Forecasts and Analysis
10.3.3 Asia-Pacific Airport E-gate Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Airport E-gate Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Airport E-gate Market Forecasts and Analysis - By Component Type
10.3.6 Asia-Pacific Airport E-gate Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Airport E-gate Market
10.3.6.1.1 Australia Airport E-gate Market by Type
10.3.6.1.2 Australia Airport E-gate Market by Application
10.3.6.1.3 Australia Airport E-gate Market by Component Type
10.3.6.2 China Airport E-gate Market
10.3.6.2.1 China Airport E-gate Market by Type
10.3.6.2.2 China Airport E-gate Market by Application
10.3.6.2.3 China Airport E-gate Market by Component Type
10.3.6.3 India Airport E-gate Market
10.3.6.3.1 India Airport E-gate Market by Type
10.3.6.3.2 India Airport E-gate Market by Application
10.3.6.3.3 India Airport E-gate Market by Component Type
10.3.6.4 Japan Airport E-gate Market
10.3.6.4.1 Japan Airport E-gate Market by Type
10.3.6.4.2 Japan Airport E-gate Market by Application
10.3.6.4.3 Japan Airport E-gate Market by Component Type
10.3.6.5 South Korea Airport E-gate Market
10.3.6.5.1 South Korea Airport E-gate Market by Type
10.3.6.5.2 South Korea Airport E-gate Market by Application
10.3.6.5.3 South Korea Airport E-gate Market by Component Type
10.3.6.6 Rest of Asia-Pacific Airport E-gate Market
10.3.6.6.1 Rest of Asia-Pacific Airport E-gate Market by Type
10.3.6.6.2 Rest of Asia-Pacific Airport E-gate Market by Application
10.3.6.6.3 Rest of Asia-Pacific Airport E-gate Market by Component Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Airport E-gate Market Overview
10.4.2 Middle East and Africa Airport E-gate Market Forecasts and Analysis
10.4.3 Middle East and Africa Airport E-gate Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Airport E-gate Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Airport E-gate Market Forecasts and Analysis - By Component Type
10.4.6 Middle East and Africa Airport E-gate Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Airport E-gate Market
10.4.6.1.1 South Africa Airport E-gate Market by Type
10.4.6.1.2 South Africa Airport E-gate Market by Application
10.4.6.1.3 South Africa Airport E-gate Market by Component Type
10.4.6.2 Saudi Arabia Airport E-gate Market
10.4.6.2.1 Saudi Arabia Airport E-gate Market by Type
10.4.6.2.2 Saudi Arabia Airport E-gate Market by Application
10.4.6.2.3 Saudi Arabia Airport E-gate Market by Component Type
10.4.6.3 U.A.E Airport E-gate Market
10.4.6.3.1 U.A.E Airport E-gate Market by Type
10.4.6.3.2 U.A.E Airport E-gate Market by Application
10.4.6.3.3 U.A.E Airport E-gate Market by Component Type
10.4.6.4 Rest of Middle East and Africa Airport E-gate Market
10.4.6.4.1 Rest of Middle East and Africa Airport E-gate Market by Type
10.4.6.4.2 Rest of Middle East and Africa Airport E-gate Market by Application
10.4.6.4.3 Rest of Middle East and Africa Airport E-gate Market by Component Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Airport E-gate Market Overview
10.5.2 South and Central America Airport E-gate Market Forecasts and Analysis
10.5.3 South and Central America Airport E-gate Market Forecasts and Analysis - By Type
10.5.4 South and Central America Airport E-gate Market Forecasts and Analysis - By Application
10.5.5 South and Central America Airport E-gate Market Forecasts and Analysis - By Component Type
10.5.6 South and Central America Airport E-gate Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Airport E-gate Market
10.5.6.1.1 Brazil Airport E-gate Market by Type
10.5.6.1.2 Brazil Airport E-gate Market by Application
10.5.6.1.3 Brazil Airport E-gate Market by Component Type
10.5.6.2 Argentina Airport E-gate Market
10.5.6.2.1 Argentina Airport E-gate Market by Type
10.5.6.2.2 Argentina Airport E-gate Market by Application
10.5.6.2.3 Argentina Airport E-gate Market by Component Type
10.5.6.3 Rest of South and Central America Airport E-gate Market
10.5.6.3.1 Rest of South and Central America Airport E-gate Market by Type
10.5.6.3.2 Rest of South and Central America Airport E-gate Market by Application
10.5.6.3.3 Rest of South and Central America Airport E-gate Market by Component Type

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. AIRPORT E-GATE MARKET, KEY COMPANY PROFILES
12.1. THALES GROUP
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. THYSSENKRUPP ELEVATOR TECHNOLOGY
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. SITA
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. INDRA
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. GUNNEBO ENTRANCE CONTROL LTD.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. TAV TECHNOLOGIES
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. VISION-BOX
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ATOS
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. NEC CORPORATION OF AMERICA
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. DERMALOG IDENTIFICATION SYSTEMS GMBH
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Atos SE
2. Ayonix Corp.
3. COMINFO, a.s.
4. DERMALOG Identification System GmbH
5. IER
6. Josanti Infoimaging Ltd.
7. NEC Corporation
8. SITA
9. Thales Group
10. Vision-Box

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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