Business Information Services Market Drivers, Opportunities, Trends, and Forecasts by 2031

Coverage: Business Information Services Market covers analysis by Enterprise Size (Large Enterprise, Small and Medium Enterprises); End-User Industry (BFSI, IT and Telecom, Manufacturing, Retail, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00009312
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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The Business Information Services Market is expected to register a CAGR of 6.1% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Enterprise Size (Large Enterprise, Small and Medium Enterprises); End-User Industry (BFSI, IT and Telecom, Manufacturing, Retail, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments

Purpose of the Report

The report Business Information Services 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.

Business Information Services Market Segmentation

Enterprise Size
  • Large Enterprise
  • Small and Medium Enterprises
End-User Industry
  • BFSI
  • IT and Telecom
  • Manufacturing
  • Retail
  • Others

Strategic Insights

Business Information Services Market Growth Drivers
  • Rising Demand for Data-Driven Decision Making: Organizations are increasingly relying on data analytics to inform their strategic decisions, driving the growth of the Business Information Services market. As businesses seek to enhance operational efficiency and gain a competitive edge, they are investing in services that provide actionable insights derived from vast amounts of data. This demand for data-driven strategies is prompting companies to adopt robust information services that can analyze trends, customer behavior, and market dynamics. Consequently, providers of business information services are experiencing heightened demand for their offerings as organizations focus on leveraging data to optimize performance and drive growth.
  • Growth of Digital Transformation Initiatives: The ongoing wave of digital transformation across industries is a significant driver for the Business Information Services market. As organizations transition to digital platforms and technologies, they require comprehensive information services to support their initiatives. These services play a crucial role in managing data, ensuring cybersecurity, and enhancing customer engagement. The increased reliance on digital tools necessitates effective information management and insight generation, leading businesses to invest in specialized services that can facilitate their transformation journeys. This trend is expected to continue, further propelling the demand for business information services.
  • Expansion of E-commerce and Online Businesses: The rapid growth of e-commerce and online business models is significantly driving the Business Information Services market. As more companies establish online presence and engage in digital transactions, the need for reliable and accurate business information becomes paramount. E-commerce businesses require data on customer preferences, market trends, and competitor strategies to thrive in a competitive landscape. Business information services provide the insights necessary for online businesses to optimize their strategies, enhance customer experiences, and drive revenue growth. This expansion of the digital marketplace is expected to sustain the demand for business information services.
Business Information Services Market Future Trends
  • Shift Towards Subscription-Based Models: A prominent trend in the Business Information Services market is the shift towards subscription-based models. Organizations are increasingly favoring subscription services over traditional licensing agreements due to their flexibility, scalability, and cost-effectiveness. This model allows businesses to access a wide range of information services without significant upfront investments, enabling them to adapt quickly to changing needs. Subscription-based offerings often include regular updates, support, and additional features, making them attractive to organizations seeking continuous access to the latest insights and tools. This trend is expected to reshape the market landscape, encouraging more service providers to adopt subscription models.
  • Emphasis on Data Privacy and Security: With the growing concern over data privacy and security, there is a significant trend towards the implementation of robust measures within the Business Information Services market. Organizations are becoming increasingly aware of the risks associated with data breaches and are actively seeking service providers that prioritize data protection. This trend is influencing the development of information services that incorporate advanced security protocols, compliance with data protection regulations, and transparent data handling practices. As businesses prioritize safeguarding sensitive information, providers that can demonstrate a strong commitment to data security will gain a competitive advantage in the market.
Business Information Services Market Opportunities
  • Emergence of Artificial Intelligence and Machine Learning: The integration of artificial intelligence (AI) and machine learning (ML) into business information services presents a substantial opportunity for market growth. These technologies enable organizations to automate data analysis, uncover hidden patterns, and derive insights at unprecedented speeds. Companies that leverage AI and ML in their information services can offer enhanced predictive analytics, personalized recommendations, and improved decision-making support. As organizations increasingly seek innovative solutions to manage data, providers that incorporate AI and ML into their offerings will be well-positioned to capture market share and meet evolving customer needs.
  • Growing Importance of Compliance and Regulatory Standards: As businesses face increasing scrutiny from regulatory bodies, the demand for business information services that ensure compliance with industry standards presents a significant opportunity. Companies are looking for services that can help them navigate complex regulatory landscapes, maintain data integrity, and manage risks associated with non-compliance. This trend is particularly relevant in sectors such as finance, healthcare, and telecommunications, where adherence to regulations is critical. Providers of business information services that specialize in compliance solutions can capitalize on this growing need, offering valuable support to organizations striving to mitigate risks and avoid penalties.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Business Information Services 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 Business Information Services 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
World Geography

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Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

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

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


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 are the deliverable formats of the market report?

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

What are the future trends of the business information services market?

AI and advanced analytics integration to play a significant role in the global business information services market in the coming years

What are the driving factors impacting the global business information services market?

Data-driven decision-making and digital transformation initiatives are the major factors driving the business information services market

What is the expected CAGR of the business information services market

The Business Information Services Market is estimated to witness a CAGR of 6.1% from 2023 to 2031

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 Business Information Services Market - By Enterprise Size
1.3.2 Business Information Services Market - By End-User Industry
1.3.3 Business Information Services Market - By Region
1.3.3.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. BUSINESS INFORMATION 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. BUSINESS INFORMATION 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. BUSINESS INFORMATION SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. BUSINESS INFORMATION SERVICES - GLOBAL MARKET OVERVIEW
6.2. BUSINESS INFORMATION SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. BUSINESS INFORMATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
7.1. OVERVIEW
7.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
7.3. LARGE ENTERPRISE
7.3.1. Overview
7.3.2. Large Enterprise Market Forecast and Analysis
7.4. SMALL AND MEDIUM ENTERPRISES
7.4.1. Overview
7.4.2. Small and Medium Enterprises Market Forecast and Analysis
8. BUSINESS INFORMATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
8.1. OVERVIEW
8.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. BFSI
8.3.1. Overview
8.3.2. BFSI Market Forecast and Analysis
8.4. IT AND TELECOM
8.4.1. Overview
8.4.2. IT and Telecom Market Forecast and Analysis
8.5. MANUFACTURING
8.5.1. Overview
8.5.2. Manufacturing Market Forecast and Analysis
8.6. RETAIL
8.6.1. Overview
8.6.2. Retail Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis

9. BUSINESS INFORMATION SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Business Information Services Market Overview
9.1.2 North America Business Information Services Market Forecasts and Analysis
9.1.3 North America Business Information Services Market Forecasts and Analysis - By Enterprise Size
9.1.4 North America Business Information Services Market Forecasts and Analysis - By End-User Industry
9.1.5 North America Business Information Services Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Business Information Services Market
9.1.5.1.1 Canada Business Information Services Market by Enterprise Size
9.1.5.1.2 Canada Business Information Services Market by End-User Industry
9.1.5.2 Mexico Business Information Services Market
9.1.5.2.1 Mexico Business Information Services Market by Enterprise Size
9.1.5.2.2 Mexico Business Information Services Market by End-User Industry
9.1.5.3 US Business Information Services Market
9.1.5.3.1 US Business Information Services Market by Enterprise Size
9.1.5.3.2 US Business Information Services Market by End-User Industry
9.2. EUROPE
9.2.1 Europe Business Information Services Market Overview
9.2.2 Europe Business Information Services Market Forecasts and Analysis
9.2.3 Europe Business Information Services Market Forecasts and Analysis - By Enterprise Size
9.2.4 Europe Business Information Services Market Forecasts and Analysis - By End-User Industry
9.2.5 Europe Business Information Services Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Business Information Services Market
9.2.5.1.1 Germany Business Information Services Market by Enterprise Size
9.2.5.1.2 Germany Business Information Services Market by End-User Industry
9.2.5.2 France Business Information Services Market
9.2.5.2.1 France Business Information Services Market by Enterprise Size
9.2.5.2.2 France Business Information Services Market by End-User Industry
9.2.5.3 Italy Business Information Services Market
9.2.5.3.1 Italy Business Information Services Market by Enterprise Size
9.2.5.3.2 Italy Business Information Services Market by End-User Industry
9.2.5.4 United Kingdom Business Information Services Market
9.2.5.4.1 United Kingdom Business Information Services Market by Enterprise Size
9.2.5.4.2 United Kingdom Business Information Services Market by End-User Industry
9.2.5.5 Russia Business Information Services Market
9.2.5.5.1 Russia Business Information Services Market by Enterprise Size
9.2.5.5.2 Russia Business Information Services Market by End-User Industry
9.2.5.6 Rest of Europe Business Information Services Market
9.2.5.6.1 Rest of Europe Business Information Services Market by Enterprise Size
9.2.5.6.2 Rest of Europe Business Information Services Market by End-User Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Business Information Services Market Overview
9.3.2 Asia-Pacific Business Information Services Market Forecasts and Analysis
9.3.3 Asia-Pacific Business Information Services Market Forecasts and Analysis - By Enterprise Size
9.3.4 Asia-Pacific Business Information Services Market Forecasts and Analysis - By End-User Industry
9.3.5 Asia-Pacific Business Information Services Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Business Information Services Market
9.3.5.1.1 Australia Business Information Services Market by Enterprise Size
9.3.5.1.2 Australia Business Information Services Market by End-User Industry
9.3.5.2 China Business Information Services Market
9.3.5.2.1 China Business Information Services Market by Enterprise Size
9.3.5.2.2 China Business Information Services Market by End-User Industry
9.3.5.3 India Business Information Services Market
9.3.5.3.1 India Business Information Services Market by Enterprise Size
9.3.5.3.2 India Business Information Services Market by End-User Industry
9.3.5.4 Japan Business Information Services Market
9.3.5.4.1 Japan Business Information Services Market by Enterprise Size
9.3.5.4.2 Japan Business Information Services Market by End-User Industry
9.3.5.5 South Korea Business Information Services Market
9.3.5.5.1 South Korea Business Information Services Market by Enterprise Size
9.3.5.5.2 South Korea Business Information Services Market by End-User Industry
9.3.5.6 Rest of Asia-Pacific Business Information Services Market
9.3.5.6.1 Rest of Asia-Pacific Business Information Services Market by Enterprise Size
9.3.5.6.2 Rest of Asia-Pacific Business Information Services Market by End-User Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Business Information Services Market Overview
9.4.2 Middle East and Africa Business Information Services Market Forecasts and Analysis
9.4.3 Middle East and Africa Business Information Services Market Forecasts and Analysis - By Enterprise Size
9.4.4 Middle East and Africa Business Information Services Market Forecasts and Analysis - By End-User Industry
9.4.5 Middle East and Africa Business Information Services Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Business Information Services Market
9.4.5.1.1 South Africa Business Information Services Market by Enterprise Size
9.4.5.1.2 South Africa Business Information Services Market by End-User Industry
9.4.5.2 Saudi Arabia Business Information Services Market
9.4.5.2.1 Saudi Arabia Business Information Services Market by Enterprise Size
9.4.5.2.2 Saudi Arabia Business Information Services Market by End-User Industry
9.4.5.3 U.A.E Business Information Services Market
9.4.5.3.1 U.A.E Business Information Services Market by Enterprise Size
9.4.5.3.2 U.A.E Business Information Services Market by End-User Industry
9.4.5.4 Rest of Middle East and Africa Business Information Services Market
9.4.5.4.1 Rest of Middle East and Africa Business Information Services Market by Enterprise Size
9.4.5.4.2 Rest of Middle East and Africa Business Information Services Market by End-User Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Business Information Services Market Overview
9.5.2 South and Central America Business Information Services Market Forecasts and Analysis
9.5.3 South and Central America Business Information Services Market Forecasts and Analysis - By Enterprise Size
9.5.4 South and Central America Business Information Services Market Forecasts and Analysis - By End-User Industry
9.5.5 South and Central America Business Information Services Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Business Information Services Market
9.5.5.1.1 Brazil Business Information Services Market by Enterprise Size
9.5.5.1.2 Brazil Business Information Services Market by End-User Industry
9.5.5.2 Argentina Business Information Services Market
9.5.5.2.1 Argentina Business Information Services Market by Enterprise Size
9.5.5.2.2 Argentina Business Information Services Market by End-User Industry
9.5.5.3 Rest of South and Central America Business Information Services Market
9.5.5.3.1 Rest of South and Central America Business Information Services Market by Enterprise Size
9.5.5.3.2 Rest of South and Central America Business Information Services Market by End-User Industry

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. BUSINESS INFORMATION SERVICES MARKET, KEY COMPANY PROFILES
11.1. BLOOMBERG L.P.
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. EQUIFAX INC.
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. RELX GROUP
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. DOW JONES
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. DUN AND BRADSTREET, 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. EXPERIAN INFORMATION SOLUTIONS
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. MOODY'S ANALYTICS (MOODY'S CORPORATION)
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. WOLTERS KLUWER
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. THOMSON REUTERS CORPORATION
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. FACTSET RESEARCH SYSTEMS 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
11.11. INFOGROUP
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
11.12. MOODY'S ANALYTICS (MOODY'S CORPORATION)
11.12.1. Key Facts
11.12.2. Business Description
11.12.3. Products and Services
11.12.4. Financial Overview
11.12.5. SWOT Analysis
11.12.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Bloomberg L.P.
2. Equifax Inc.
3. RELX Group
4. Dow Jones
5. Dun and Bradstreet, Inc.
6. Experian Information Solutions
7. Moody's Analytics (Moody's Corporation)
8. Wolters Kluwer
9. Thomson Reuters Corporation
10. FactSet Research Systems Inc.
11. Infogroup
12. Moody's Analytics (Moody's Corporation)

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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