Authentication Services Market Key Findings by 2031
The rising trend of digitization has resulted in an increased access via devices, which has made the organizations to engage with various authentication solutions. With change in the corporate perimeter, employees not only handle the internal information related to the organizations, but also the confidential data and information pertaining to the clients or information provided by the clients, which makes it necessary for the organizations to make use of authentication services, that prevent any wrongdoing by granting exclusive access rights to their employees or information relating to any important project. Increasing Digitalization and growth in the usage of Virtualization in the small and middle sized businesses have made authentication more vital in latest technology space, authentication not only helps in obtaining safe admittance to the sensitive content, but it is also responsible in framing and enforcing different security control policies, Procedures, technologies, and access regulator in the administrations.
MARKET DYNAMICS
Increase in utilization of digital identities and stringent data security acquiescence are major factors driving growth of authentication services market, authentication service necessitates demand of private-key authentication which increase rapidly the cost of deployment in selected environments over public key authentication. Hence, these cost elements may hamper growth of authentication service market. However, advancement in R&D, improved security are the factors due to which huge population choosing for authentication services are welcomed to enhance growth of authentication service market.
MARKET SCOPE
The "Global Authentication Services Market Analysis to 2031" is a specialized and in-depth study of the authentication services market with a special focus on the global market trend analysis. The report aims to provide an overview of authentication services market with detailed market segmentation by component, deployment type, enterprise size, industry vertical, and geography. The global authentication services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading authentication services market players and offers key trends and opportunities in the authentication services market.
MARKET SEGMENTATION
The global authentication services market is segmented on the basis of authentication type, tokenization type, enterprise size, by service. On the basis of authentication type, the market is segmented as single-factor, multi-factor. On the basis of tokenization type the market is segmented as token-based, token-less. On the basis of enterprise size the market is segmented as large enterprises, small and medium-size enterprises. On the basis of services, the market is segmented as compliance, management, subscription keys management, managed public key , infrastructure, reporting, others.
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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 authentication services market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The authentication services 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 data protection 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 authentication services market in these regions.
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- 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 report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global authentication services market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The authentication services 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 data protection 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 authentication services market in these regions.
MARKET PLAYERS
The reports cover key developments in the authentication services 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 data protection are anticipated to lucrative growth opportunities in the future with the rising demand for data protection in the global market. Below mentioned is the list of few companies engaged in the authentication services market.
The report also includes the profiles of key data protection 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.
- Entrust Datacard Corporation
- Tata Communications
- Thales Group
- Trustwave Holdings
- Amazon
- IBM Corporation
- Microsoft Corporation
- Wipro
- 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 Authentication Services Market - By Authentication Type
1.3.2 Authentication Services Market - By Tokenization Type
1.3.3 Authentication Services Market - By By Service
1.3.4 Authentication Services Market - By Organization Type
1.3.5 Authentication Services Market - By Region
1.3.5.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. AUTHENTICATION SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTHENTICATION SERVICES 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AUTHENTICATION SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTHENTICATION SERVICES - GLOBAL MARKET OVERVIEW
6.2. AUTHENTICATION SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTHENTICATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - AUTHENTICATION TYPE
7.1. OVERVIEW
7.2. AUTHENTICATION TYPE MARKET FORECASTS AND ANALYSIS
7.3. SINGLE-FACTOR AUTHENTICATION
7.3.1. Overview
7.3.2. Single-Factor Authentication Market Forecast and Analysis
7.4. MULTI-FACTOR AUTHENTICATION
7.4.1. Overview
7.4.2. Multi-Factor Authentication Market Forecast and Analysis
8. AUTHENTICATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - TOKENIZATION TYPE
8.1. OVERVIEW
8.2. TOKENIZATION TYPE MARKET FORECASTS AND ANALYSIS
8.3. TOKEN-BASED AUTHENTICATION
8.3.1. Overview
8.3.2. Token-based Authentication Market Forecast and Analysis
8.4. TOKEN LESS AUTHENTICATION
8.4.1. Overview
8.4.2. Token Less Authentication Market Forecast and Analysis
9. AUTHENTICATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - BY SERVICE
9.1. OVERVIEW
9.2. BY SERVICE MARKET FORECASTS AND ANALYSIS
9.3. COMPLIANCE MANAGEMENT
9.3.1. Overview
9.3.2. Compliance Management Market Forecast and Analysis
9.4. SUBSCRIPTION KEYS MANAGEMENT
9.4.1. Overview
9.4.2. Subscription Keys Management Market Forecast and Analysis
9.5. MANAGED PUBLIC KEY INFRASTRUCTURE
9.5.1. Overview
9.5.2. Managed Public Key Infrastructure Market Forecast and Analysis
9.6. REPORTING
9.6.1. Overview
9.6.2. Reporting Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. AUTHENTICATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION TYPE
10.1. OVERVIEW
10.2. ORGANIZATION TYPE MARKET FORECASTS AND ANALYSIS
10.3. SMALL ENTERPRISES
10.3.1. Overview
10.3.2. Small Enterprises Market Forecast and Analysis
10.4. MEDIUM-SIZED ENTERPRISES
10.4.1. Overview
10.4.2. Medium-sized Enterprises Market Forecast and Analysis
10.5. LARGE ENTERPRISES
10.5.1. Overview
10.5.2. Large Enterprises Market Forecast and Analysis
11. AUTHENTICATION SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Authentication Services Market Overview
11.1.2 North America Authentication Services Market Forecasts and Analysis
11.1.3 North America Authentication Services Market Forecasts and Analysis - By Authentication Type
11.1.4 North America Authentication Services Market Forecasts and Analysis - By Tokenization Type
11.1.5 North America Authentication Services Market Forecasts and Analysis - By By Service
11.1.6 North America Authentication Services Market Forecasts and Analysis - By Organization Type
11.1.7 North America Authentication Services Market Forecasts and Analysis - By Countries
11.1.7.1 Canada Authentication Services Market
11.1.7.1.1 Canada Authentication Services Market by Authentication Type
11.1.7.1.2 Canada Authentication Services Market by Tokenization Type
11.1.7.1.3 Canada Authentication Services Market by By Service
11.1.7.1.4 Canada Authentication Services Market by Organization Type
11.1.7.2 Mexico Authentication Services Market
11.1.7.2.1 Mexico Authentication Services Market by Authentication Type
11.1.7.2.2 Mexico Authentication Services Market by Tokenization Type
11.1.7.2.3 Mexico Authentication Services Market by By Service
11.1.7.2.4 Mexico Authentication Services Market by Organization Type
11.1.7.3 US Authentication Services Market
11.1.7.3.1 US Authentication Services Market by Authentication Type
11.1.7.3.2 US Authentication Services Market by Tokenization Type
11.1.7.3.3 US Authentication Services Market by By Service
11.1.7.3.4 US Authentication Services Market by Organization Type
11.2. EUROPE
11.2.1 Europe Authentication Services Market Overview
11.2.2 Europe Authentication Services Market Forecasts and Analysis
11.2.3 Europe Authentication Services Market Forecasts and Analysis - By Authentication Type
11.2.4 Europe Authentication Services Market Forecasts and Analysis - By Tokenization Type
11.2.5 Europe Authentication Services Market Forecasts and Analysis - By By Service
11.2.6 Europe Authentication Services Market Forecasts and Analysis - By Organization Type
11.2.7 Europe Authentication Services Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Authentication Services Market
11.2.7.1.1 Germany Authentication Services Market by Authentication Type
11.2.7.1.2 Germany Authentication Services Market by Tokenization Type
11.2.7.1.3 Germany Authentication Services Market by By Service
11.2.7.1.4 Germany Authentication Services Market by Organization Type
11.2.7.2 France Authentication Services Market
11.2.7.2.1 France Authentication Services Market by Authentication Type
11.2.7.2.2 France Authentication Services Market by Tokenization Type
11.2.7.2.3 France Authentication Services Market by By Service
11.2.7.2.4 France Authentication Services Market by Organization Type
11.2.7.3 Italy Authentication Services Market
11.2.7.3.1 Italy Authentication Services Market by Authentication Type
11.2.7.3.2 Italy Authentication Services Market by Tokenization Type
11.2.7.3.3 Italy Authentication Services Market by By Service
11.2.7.3.4 Italy Authentication Services Market by Organization Type
11.2.7.4 United Kingdom Authentication Services Market
11.2.7.4.1 United Kingdom Authentication Services Market by Authentication Type
11.2.7.4.2 United Kingdom Authentication Services Market by Tokenization Type
11.2.7.4.3 United Kingdom Authentication Services Market by By Service
11.2.7.4.4 United Kingdom Authentication Services Market by Organization Type
11.2.7.5 Russia Authentication Services Market
11.2.7.5.1 Russia Authentication Services Market by Authentication Type
11.2.7.5.2 Russia Authentication Services Market by Tokenization Type
11.2.7.5.3 Russia Authentication Services Market by By Service
11.2.7.5.4 Russia Authentication Services Market by Organization Type
11.2.7.6 Rest of Europe Authentication Services Market
11.2.7.6.1 Rest of Europe Authentication Services Market by Authentication Type
11.2.7.6.2 Rest of Europe Authentication Services Market by Tokenization Type
11.2.7.6.3 Rest of Europe Authentication Services Market by By Service
11.2.7.6.4 Rest of Europe Authentication Services Market by Organization Type
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Authentication Services Market Overview
11.3.2 Asia-Pacific Authentication Services Market Forecasts and Analysis
11.3.3 Asia-Pacific Authentication Services Market Forecasts and Analysis - By Authentication Type
11.3.4 Asia-Pacific Authentication Services Market Forecasts and Analysis - By Tokenization Type
11.3.5 Asia-Pacific Authentication Services Market Forecasts and Analysis - By By Service
11.3.6 Asia-Pacific Authentication Services Market Forecasts and Analysis - By Organization Type
11.3.7 Asia-Pacific Authentication Services Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Authentication Services Market
11.3.7.1.1 Australia Authentication Services Market by Authentication Type
11.3.7.1.2 Australia Authentication Services Market by Tokenization Type
11.3.7.1.3 Australia Authentication Services Market by By Service
11.3.7.1.4 Australia Authentication Services Market by Organization Type
11.3.7.2 China Authentication Services Market
11.3.7.2.1 China Authentication Services Market by Authentication Type
11.3.7.2.2 China Authentication Services Market by Tokenization Type
11.3.7.2.3 China Authentication Services Market by By Service
11.3.7.2.4 China Authentication Services Market by Organization Type
11.3.7.3 India Authentication Services Market
11.3.7.3.1 India Authentication Services Market by Authentication Type
11.3.7.3.2 India Authentication Services Market by Tokenization Type
11.3.7.3.3 India Authentication Services Market by By Service
11.3.7.3.4 India Authentication Services Market by Organization Type
11.3.7.4 Japan Authentication Services Market
11.3.7.4.1 Japan Authentication Services Market by Authentication Type
11.3.7.4.2 Japan Authentication Services Market by Tokenization Type
11.3.7.4.3 Japan Authentication Services Market by By Service
11.3.7.4.4 Japan Authentication Services Market by Organization Type
11.3.7.5 South Korea Authentication Services Market
11.3.7.5.1 South Korea Authentication Services Market by Authentication Type
11.3.7.5.2 South Korea Authentication Services Market by Tokenization Type
11.3.7.5.3 South Korea Authentication Services Market by By Service
11.3.7.5.4 South Korea Authentication Services Market by Organization Type
11.3.7.6 Rest of Asia-Pacific Authentication Services Market
11.3.7.6.1 Rest of Asia-Pacific Authentication Services Market by Authentication Type
11.3.7.6.2 Rest of Asia-Pacific Authentication Services Market by Tokenization Type
11.3.7.6.3 Rest of Asia-Pacific Authentication Services Market by By Service
11.3.7.6.4 Rest of Asia-Pacific Authentication Services Market by Organization Type
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Authentication Services Market Overview
11.4.2 Middle East and Africa Authentication Services Market Forecasts and Analysis
11.4.3 Middle East and Africa Authentication Services Market Forecasts and Analysis - By Authentication Type
11.4.4 Middle East and Africa Authentication Services Market Forecasts and Analysis - By Tokenization Type
11.4.5 Middle East and Africa Authentication Services Market Forecasts and Analysis - By By Service
11.4.6 Middle East and Africa Authentication Services Market Forecasts and Analysis - By Organization Type
11.4.7 Middle East and Africa Authentication Services Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Authentication Services Market
11.4.7.1.1 South Africa Authentication Services Market by Authentication Type
11.4.7.1.2 South Africa Authentication Services Market by Tokenization Type
11.4.7.1.3 South Africa Authentication Services Market by By Service
11.4.7.1.4 South Africa Authentication Services Market by Organization Type
11.4.7.2 Saudi Arabia Authentication Services Market
11.4.7.2.1 Saudi Arabia Authentication Services Market by Authentication Type
11.4.7.2.2 Saudi Arabia Authentication Services Market by Tokenization Type
11.4.7.2.3 Saudi Arabia Authentication Services Market by By Service
11.4.7.2.4 Saudi Arabia Authentication Services Market by Organization Type
11.4.7.3 U.A.E Authentication Services Market
11.4.7.3.1 U.A.E Authentication Services Market by Authentication Type
11.4.7.3.2 U.A.E Authentication Services Market by Tokenization Type
11.4.7.3.3 U.A.E Authentication Services Market by By Service
11.4.7.3.4 U.A.E Authentication Services Market by Organization Type
11.4.7.4 Rest of Middle East and Africa Authentication Services Market
11.4.7.4.1 Rest of Middle East and Africa Authentication Services Market by Authentication Type
11.4.7.4.2 Rest of Middle East and Africa Authentication Services Market by Tokenization Type
11.4.7.4.3 Rest of Middle East and Africa Authentication Services Market by By Service
11.4.7.4.4 Rest of Middle East and Africa Authentication Services Market by Organization Type
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Authentication Services Market Overview
11.5.2 South and Central America Authentication Services Market Forecasts and Analysis
11.5.3 South and Central America Authentication Services Market Forecasts and Analysis - By Authentication Type
11.5.4 South and Central America Authentication Services Market Forecasts and Analysis - By Tokenization Type
11.5.5 South and Central America Authentication Services Market Forecasts and Analysis - By By Service
11.5.6 South and Central America Authentication Services Market Forecasts and Analysis - By Organization Type
11.5.7 South and Central America Authentication Services Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Authentication Services Market
11.5.7.1.1 Brazil Authentication Services Market by Authentication Type
11.5.7.1.2 Brazil Authentication Services Market by Tokenization Type
11.5.7.1.3 Brazil Authentication Services Market by By Service
11.5.7.1.4 Brazil Authentication Services Market by Organization Type
11.5.7.2 Argentina Authentication Services Market
11.5.7.2.1 Argentina Authentication Services Market by Authentication Type
11.5.7.2.2 Argentina Authentication Services Market by Tokenization Type
11.5.7.2.3 Argentina Authentication Services Market by By Service
11.5.7.2.4 Argentina Authentication Services Market by Organization Type
11.5.7.3 Rest of South and Central America Authentication Services Market
11.5.7.3.1 Rest of South and Central America Authentication Services Market by Authentication Type
11.5.7.3.2 Rest of South and Central America Authentication Services Market by Tokenization Type
11.5.7.3.3 Rest of South and Central America Authentication Services Market by By Service
11.5.7.3.4 Rest of South and Central America Authentication Services Market by Organization Type
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. AUTHENTICATION SERVICES MARKET, KEY COMPANY PROFILES
13.1. ENTRUST DATACARD CORPORATION
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. TATA COMMUNICATIONS
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. VERIZON COMMUNICATIONS INC
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. THALES GROUP
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. TRUSTWAVE HOLDINGS
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. AMAZON
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. GOOGLE
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. IBM CORPORATION
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. MICROSOFT CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. WIPRO
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Entrust Datacard Corporation
2. Tata Communications
3. Verizon Communications Inc
4. Thales Group
5. Trustwave Holdings
6. Amazon
7. Google
8. IBM Corporation
9. Microsoft Corporation
10. Wipro
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.
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