Archiving Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A fast-growing IT industry has reinforced the importance of data and record management. Maintaining and managing data such as e-mails, photos, and financials, along with survey data and voicemails is a tiresome task for any company. Furthermore, inactive data occupies a considerable portion of the storage area from the primary storage system. Archiving programming or archiving software is a PC application that consolidates various documents into a single file record or number of file records. Various documents containing information which are not in current use and will be required for future reference, information from these records can be connected into archives. The documents will store metadata, the names and lengths of the forms been stored. Additional data like document credits, timestamps, and metadata can be eliminated, and that's just the beginning. These information documents are recorded in a way that part of the record or information can be looked and recovered. These advantages of archiving software is going to bolster the archiving software market in coming years.
MARKET DYNAMICS
Surging acceptance of public cloud services for data storage by organizations is driving the growth of the archiving software market. However, the issues related to high cost archiving software may restrain the growth of the archiving software market. Furthermore, the increasing requirement for data management and data visibility in corporate sectors is anticipated to create market opportunities for the archiving software market during the forecast period.
MARKET SCOPE
The "Global Archiving Software Market Analysis to 2028" is a specialized and in-depth study of the archiving software market with a special focus on the global market trend analysis. The report aims to provide an overview of the archiving software market with detailed market segmentation by product type, application, enterprise size, and geography. The global archiving software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading archiving software market players and offers key trends and opportunities in the archiving software market.
MARKET SEGMENTATION
The global archiving software market is segmented on the basis of product type, application and enterprise size. On the basis of product type, the market is segmented as on-premises and cloud. On the basis of enterprise size the market is bifurcated into small and medium enterprises (SMEs), and large enterprises. Similarly, on the basis of application, the market is segmented as IT & telecommunication, BFSI, government, healthcare, manufacturing and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global archiving software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The archiving software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting archiving software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the archiving software market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global archiving software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The archiving software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting archiving software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the archiving software market in these regions.
MARKET PLAYERS
The reports cover key developments in the archiving software 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 partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from archiving software market are anticipated to lucrative growth opportunities in the future with the rising demand for archiving software market. Below mentioned is the list of few companies engaged in the archiving software market.
The report also includes the profiles of key archiving software market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ASG Technologies
- Archive Power Systems Inc.(DocuXplorer Software)
- CommVault Systems, Inc.
- GFI Software
- Iron Mountain Incorporated.
- Jatheon Technologies, Inc.
- NTP Software, Inc.
- QStar Technologies, Inc.
- Quantum Corporation
- ShareArchiver
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Archiving Software Market - By Product Type
1.3.2Archiving Software Market - By Application
1.3.3Archiving Software Market - By Enterprise Size
1.3.4Archiving Software Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ARCHIVING SOFTWARE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.ARCHIVING SOFTWARE 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.ARCHIVING SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1.ARCHIVING SOFTWARE - GLOBAL MARKET OVERVIEW
6.2.ARCHIVING SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.ARCHIVING SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.ON-PREMISES
7.3.1.Overview
7.3.2.On-Premises Market Forecast and Analysis
7.4.CLOUD
7.4.1.Overview
7.4.2.Cloud Market Forecast and Analysis
8.ARCHIVING SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.IT AND TELECOMMUNICATION
8.3.1.Overview
8.3.2.IT and Telecommunication Market Forecast and Analysis
8.4.BFSI
8.4.1.Overview
8.4.2.BFSI Market Forecast and Analysis
8.5.GOVERNMENT
8.5.1.Overview
8.5.2.Government Market Forecast and Analysis
8.6.HEALTHCARE
8.6.1.Overview
8.6.2.Healthcare Market Forecast and Analysis
8.7.MANUFACTURING
8.7.1.Overview
8.7.2.Manufacturing Market Forecast and Analysis
8.8.OTHERS
8.8.1.Overview
8.8.2.Others Market Forecast and Analysis
9.ARCHIVING SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
9.1.OVERVIEW
9.2.ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3.SMALL AND MEDIUM ENTERPRISES (SMES)
9.3.1.Overview
9.3.2.Small and Medium Enterprises (SMEs) Market Forecast and Analysis
9.4.LARGE ENTERPRISES
9.4.1.Overview
9.4.2.Large Enterprises Market Forecast and Analysis
10.ARCHIVING SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Archiving Software Market Overview
10.1.2North America Archiving Software Market Forecasts and Analysis
10.1.3North America Archiving Software Market Forecasts and Analysis - By Product Type
10.1.4North America Archiving Software Market Forecasts and Analysis - By Application
10.1.5North America Archiving Software Market Forecasts and Analysis - By Enterprise Size
10.1.6North America Archiving Software Market Forecasts and Analysis - By Countries
10.1.6.1United States Archiving Software Market
10.1.6.1.1United States Archiving Software Market by Product Type
10.1.6.1.2United States Archiving Software Market by Application
10.1.6.1.3United States Archiving Software Market by Enterprise Size
10.1.6.2Canada Archiving Software Market
10.1.6.2.1Canada Archiving Software Market by Product Type
10.1.6.2.2Canada Archiving Software Market by Application
10.1.6.2.3Canada Archiving Software Market by Enterprise Size
10.1.6.3Mexico Archiving Software Market
10.1.6.3.1Mexico Archiving Software Market by Product Type
10.1.6.3.2Mexico Archiving Software Market by Application
10.1.6.3.3Mexico Archiving Software Market by Enterprise Size
10.2.EUROPE
10.2.1Europe Archiving Software Market Overview
10.2.2Europe Archiving Software Market Forecasts and Analysis
10.2.3Europe Archiving Software Market Forecasts and Analysis - By Product Type
10.2.4Europe Archiving Software Market Forecasts and Analysis - By Application
10.2.5Europe Archiving Software Market Forecasts and Analysis - By Enterprise Size
10.2.6Europe Archiving Software Market Forecasts and Analysis - By Countries
10.2.6.1Germany Archiving Software Market
10.2.6.1.1Germany Archiving Software Market by Product Type
10.2.6.1.2Germany Archiving Software Market by Application
10.2.6.1.3Germany Archiving Software Market by Enterprise Size
10.2.6.2France Archiving Software Market
10.2.6.2.1France Archiving Software Market by Product Type
10.2.6.2.2France Archiving Software Market by Application
10.2.6.2.3France Archiving Software Market by Enterprise Size
10.2.6.3Italy Archiving Software Market
10.2.6.3.1Italy Archiving Software Market by Product Type
10.2.6.3.2Italy Archiving Software Market by Application
10.2.6.3.3Italy Archiving Software Market by Enterprise Size
10.2.6.4United Kingdom Archiving Software Market
10.2.6.4.1United Kingdom Archiving Software Market by Product Type
10.2.6.4.2United Kingdom Archiving Software Market by Application
10.2.6.4.3United Kingdom Archiving Software Market by Enterprise Size
10.2.6.5Russia Archiving Software Market
10.2.6.5.1Russia Archiving Software Market by Product Type
10.2.6.5.2Russia Archiving Software Market by Application
10.2.6.5.3Russia Archiving Software Market by Enterprise Size
10.2.6.6Rest of Europe Archiving Software Market
10.2.6.6.1Rest of Europe Archiving Software Market by Product Type
10.2.6.6.2Rest of Europe Archiving Software Market by Application
10.2.6.6.3Rest of Europe Archiving Software Market by Enterprise Size
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Archiving Software Market Overview
10.3.2Asia-Pacific Archiving Software Market Forecasts and Analysis
10.3.3Asia-Pacific Archiving Software Market Forecasts and Analysis - By Product Type
10.3.4Asia-Pacific Archiving Software Market Forecasts and Analysis - By Application
10.3.5Asia-Pacific Archiving Software Market Forecasts and Analysis - By Enterprise Size
10.3.6Asia-Pacific Archiving Software Market Forecasts and Analysis - By Countries
10.3.6.1Australia Archiving Software Market
10.3.6.1.1Australia Archiving Software Market by Product Type
10.3.6.1.2Australia Archiving Software Market by Application
10.3.6.1.3Australia Archiving Software Market by Enterprise Size
10.3.6.2China Archiving Software Market
10.3.6.2.1China Archiving Software Market by Product Type
10.3.6.2.2China Archiving Software Market by Application
10.3.6.2.3China Archiving Software Market by Enterprise Size
10.3.6.3India Archiving Software Market
10.3.6.3.1India Archiving Software Market by Product Type
10.3.6.3.2India Archiving Software Market by Application
10.3.6.3.3India Archiving Software Market by Enterprise Size
10.3.6.4Japan Archiving Software Market
10.3.6.4.1Japan Archiving Software Market by Product Type
10.3.6.4.2Japan Archiving Software Market by Application
10.3.6.4.3Japan Archiving Software Market by Enterprise Size
10.3.6.5South Korea Archiving Software Market
10.3.6.5.1South Korea Archiving Software Market by Product Type
10.3.6.5.2South Korea Archiving Software Market by Application
10.3.6.5.3South Korea Archiving Software Market by Enterprise Size
10.3.6.6Rest of Asia-Pacific Archiving Software Market
10.3.6.6.1Rest of Asia-Pacific Archiving Software Market by Product Type
10.3.6.6.2Rest of Asia-Pacific Archiving Software Market by Application
10.3.6.6.3Rest of Asia-Pacific Archiving Software Market by Enterprise Size
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Archiving Software Market Overview
10.4.2Middle East and Africa Archiving Software Market Forecasts and Analysis
10.4.3Middle East and Africa Archiving Software Market Forecasts and Analysis - By Product Type
10.4.4Middle East and Africa Archiving Software Market Forecasts and Analysis - By Application
10.4.5Middle East and Africa Archiving Software Market Forecasts and Analysis - By Enterprise Size
10.4.6Middle East and Africa Archiving Software Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Archiving Software Market
10.4.6.1.1South Africa Archiving Software Market by Product Type
10.4.6.1.2South Africa Archiving Software Market by Application
10.4.6.1.3South Africa Archiving Software Market by Enterprise Size
10.4.6.2Saudi Arabia Archiving Software Market
10.4.6.2.1Saudi Arabia Archiving Software Market by Product Type
10.4.6.2.2Saudi Arabia Archiving Software Market by Application
10.4.6.2.3Saudi Arabia Archiving Software Market by Enterprise Size
10.4.6.3U.A.E Archiving Software Market
10.4.6.3.1U.A.E Archiving Software Market by Product Type
10.4.6.3.2U.A.E Archiving Software Market by Application
10.4.6.3.3U.A.E Archiving Software Market by Enterprise Size
10.4.6.4Iran Archiving Software Market
10.4.6.4.1Iran Archiving Software Market by Product Type
10.4.6.4.2Iran Archiving Software Market by Application
10.4.6.4.3Iran Archiving Software Market by Enterprise Size
10.4.6.5Rest of Middle East and Africa Archiving Software Market
10.4.6.5.1Rest of Middle East and Africa Archiving Software Market by Product Type
10.4.6.5.2Rest of Middle East and Africa Archiving Software Market by Application
10.4.6.5.3Rest of Middle East and Africa Archiving Software Market by Enterprise Size
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Archiving Software Market Overview
10.5.2South and Central America Archiving Software Market Forecasts and Analysis
10.5.3South and Central America Archiving Software Market Forecasts and Analysis - By Product Type
10.5.4South and Central America Archiving Software Market Forecasts and Analysis - By Application
10.5.5South and Central America Archiving Software Market Forecasts and Analysis - By Enterprise Size
10.5.6South and Central America Archiving Software Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Archiving Software Market
10.5.6.1.1Brazil Archiving Software Market by Product Type
10.5.6.1.2Brazil Archiving Software Market by Application
10.5.6.1.3Brazil Archiving Software Market by Enterprise Size
10.5.6.2Argentina Archiving Software Market
10.5.6.2.1Argentina Archiving Software Market by Product Type
10.5.6.2.2Argentina Archiving Software Market by Application
10.5.6.2.3Argentina Archiving Software Market by Enterprise Size
10.5.6.3Rest of South and Central America Archiving Software Market
10.5.6.3.1Rest of South and Central America Archiving Software Market by Product Type
10.5.6.3.2Rest of South and Central America Archiving Software Market by Application
10.5.6.3.3Rest of South and Central America Archiving Software Market by Enterprise Size
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.ARCHIVING SOFTWARE MARKET, KEY COMPANY PROFILES
12.1.ASG TECHNOLOGIES
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.ARCHIVE POWER SYSTEMS INC.( DOCUXPLORER SOFTWARE)
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.COMMVAULT SYSTEMS, INC.
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.GFI SOFTWARE
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.IRON MOUNTAIN INCORPORATED.
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.JATHEON TECHNOLOGIES, INC.
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.NTP SOFTWARE, INC.
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.QSTAR TECHNOLOGIES, INC.
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.QUANTUM CORPORATION
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.SHAREARCHIVER
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
12.11.WATERFORD TECHNOLOGIES
12.11.1.Key Facts
12.11.2.Business Description
12.11.3.Products and Services
12.11.4.Financial Overview
12.11.5.SWOT Analysis
12.11.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. ASG Technologies
2. Archive Power Systems Inc.(DocuXplorer Software)
3. CommVault Systems, Inc.
4. GFI Software
5. Iron Mountain Incorporated.
6. Jatheon Technologies, Inc.
7. NTP Software, Inc.
8. QStar Technologies, Inc.
9. Quantum Corporation
10. ShareArchiver
11. WATERFORD TECHNOLOGIES
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.