Cloud Engineering Market Key Players Analysis 2031
The cloud engineering market is expected to register a CAGR of 17.8% during 2023–2031. Technological advancements such as AI, ML and edge computing are likely to remain a key trend in the market.
Cloud Engineering Market Analysis
- The cloud engineering market includes growth prospects owing to the current market trends and their foreseeable impact during the forecast period.
- The cloud engineering market is growing owing to factors such as increasing adoption of cloud based deployment models, growing investment in data, increasing growth of mobile devices and the adoption of the Internet of Things (IoT), which generate a large amount of data that needs to be processed.
- Rising demand for multi and hybrid cloud solutions to provide lucrative opportunities for the cloud engineering market.
Cloud Engineering Market Overview
- The adoption of the technology has a considerable impact on enterprises, particularly in the media, entertainment, financial services, and communication sectors.
- Cloud engineering has proven crucial in helping startups modernize and optimize their infrastructure. Cloud engineering is the discipline of designing, implementing, and managing complex computing systems and infrastructure in cloud environments.
- To create and manage cloud-based apps and services, cloud engineers use a variety of technologies, such as serverless computing, virtualization, containerization, and distributed systems.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Cloud Engineering Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Cloud Engineering Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Cloud Engineering Market Drivers and Opportunities
Increasing Adoption of Cloud-Based Deployment Models to Favor Market
- The adoption of cloud computing has gained huge traction in recent years with key players such as Amazon, Google, and Microsoft.
- Cloud computing has altered the way enterprises use, store, and share data and information. The majority of organizations worldwide accept cloud services as a viable IT deployment model.
- The most popular rationale for cloud adoption continues to be the flexibility and data security of the cloud as a delivery platform. Many businesses have already migrated to one or more cloud services, influencing others to uptake the cloud to gain a competitive advantage.
- For instance, in July 2021, Amazon Web Services (AWS), which is Amazon's cloud computing business, launched its cloud solutions in Bahrain, making it the first country in the Middle East. Through the debut of its services in this region, the corporation is focused on tapping into the technical potential of Middle Eastern businesses.
Rising Demand For Multi And Hybrid Cloud Solutions
- With advancements in cloud computing and increasing demand for hybrid and multi-cloud environments, the IT landscape will continue to shift and evolve. Hybrid cloud refers to the combination of public cloud and on-premises infrastructure. Multi-cloud computing, on the other hand, is the use of multiple public cloud providers.
- Increasing adoption of hybrid and multi-cloud solutions is a significant trend in the IT industry. These strategies offer several benefits that can help businesses to improve their flexibility, resilience, scalability, and cost savings. In the past few years, the adoption of hybrid and multi-cloud infrastructure has accelerated exponentially.
- A recent survey by Dataversity Digital LLC suggested that 98% of companies on the public cloud have already planned to switch to a multi-cloud architecture. Furthermore, according to the 2022 Global Hybrid Cloud Trends Report, 82% of organizations have adopted a hybrid cloud. In the coming years, we will witness more companies shifting toward hybrid and multi-cloud environments.
Cloud Engineering Market Report Segmentation Analysis
Key segments that contributed to the derivation of the cloud engineering market analysis are service type, service models, organization size and industry vertical.
- By service type, the market is bifurcated into consulting and design, cloud storage, training and education, DevOps, integration and migration, and cloud security.
- By service models, the market is bifurcated into infrastructure-as-a-service, platform-as-a-service, and software-as-a-service.
- By organization size, the market is bifurcated into large enterprises small and medium-sized enterprises.
- By industry vertical, the market is bifurcated into BFSI, IT and telecom, manufacturing, healthcare, retail, and others.
Cloud Engineering Market Share Analysis by Geography
- Cloud engineering market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering cloud engineering market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the cloud engineering market in these regions.
Cloud Engineering Market Report Scope
Cloud Engineering Market News and Recent Developments
The cloud engineering market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the cloud engineering market are listed below:
- Calsoft, a leading provider of digital innovation and transformation services with a technology-first approach, had announced its partnership with Octopai, the only platform that can instantly navigate through the most complex data landscapes. This partnership aims to revolutionize Data Flow Analysis and Metadata Management. (Source: Calsoft Inc, Press Releases, July 2023)
- Nitor Infotech has announced a partnership with Finbot, a dynamic company of blockchain-agnostic SaaS products that helps businesses accelerate their digital transformation journey via Blockchain. This partnership aims to leverage customized Blockchain solutions for a sustained ROI for highly regulated sectors in North America, specifically in areas where complex supply chains are pivotal to business growth. (Source: Nitor Infotech, Press Release, November 2022)
- Trianz, the digital transformation software and technology services firm, had announced a partnership with Workato, a leader in enterprise automation, integration, and AI. This partnership will provide Trianz clients access to Workato's intelligent automation platform to drive transformation faster and more efficiently. (Source: Trianz, Press Releases, August 2023)
Cloud Engineering Market Report Coverage and Deliverables
The “Cloud Engineering Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Cloud engineering market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Cloud engineering market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Cloud engineering market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the cloud engineering market
- Detailed company profiles
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.
Frequently Asked Questions
The global cloud engineering market is expected to grow at a CAGR of 17.8% during the forecast period 2024 - 2031.
Increasing adoption of cloud based deployment models, growing investment in data, increasing growth of mobile devices and the adoption of the Internet of Things (IoT) are the major factors driving the cloud engineering market.
Technological advancement such as AI, ML and edge computing is anticipated to play a significant role in the global cloud engineering market in the coming years.
The leading players operating in the cloud engineering market are Sogeti; Aricent Inc.; Trianz; GFT Technologies SE; Engineering Ingegneria Informatica SpA; Rapidvalue Solutions Inc.; Nitor Infotech; Softcrylic LLC; Calsoft Inc; and VVDN Technologies.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
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.
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 Cloud Engineering Market - By Service Type
1.3.2 Cloud Engineering Market - By Organization Size
1.3.3 Cloud Engineering Market - By Deployment Model
1.3.4 Cloud Engineering Market - By End Users
1.3.5 Cloud Engineering Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CLOUD ENGINEERING 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. CLOUD ENGINEERING 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. CLOUD ENGINEERING MARKET - GLOBAL MARKET ANALYSIS
6.1. CLOUD ENGINEERING - GLOBAL MARKET OVERVIEW
6.2. CLOUD ENGINEERING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CLOUD ENGINEERING MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
7.1. OVERVIEW
7.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3. CONSULTING AND DESIGN
7.3.1. Overview
7.3.2. Consulting and Design Market Forecast and Analysis
7.4. CLOUD STORAGE
7.4.1. Overview
7.4.2. Cloud Storage Market Forecast and Analysis
7.5. TRAINING AND EDUCATION
7.5.1. Overview
7.5.2. Training and Education Market Forecast and Analysis
7.6. DEVOPS
7.6.1. Overview
7.6.2. DevOps Market Forecast and Analysis
7.7. INTEGRATION AND MIGRATION
7.7.1. Overview
7.7.2. Integration and Migration Market Forecast and Analysis
7.8. CLOUD SECURITY
7.8.1. Overview
7.8.2. Cloud Security Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. CLOUD ENGINEERING MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION SIZE
8.1. OVERVIEW
8.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
8.3. LARGE ENTERPRISES
8.3.1. Overview
8.3.2. Large enterprises Market Forecast and Analysis
8.4. SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
8.4.1. Overview
8.4.2. Small and Medium-Sized Enterprises (SMEs) Market Forecast and Analysis
9. CLOUD ENGINEERING MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT MODEL
9.1. OVERVIEW
9.2. DEPLOYMENT MODEL MARKET FORECASTS AND ANALYSIS
9.3. PUBLIC CLOUD
9.3.1. Overview
9.3.2. Public cloud Market Forecast and Analysis
9.4. PRIVATE CLOUD
9.4.1. Overview
9.4.2. Private cloud Market Forecast and Analysis
9.5. HYBRID CLOUD
9.5.1. Overview
9.5.2. Hybrid cloud Market Forecast and Analysis
10. CLOUD ENGINEERING MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
10.1. OVERVIEW
10.2. END USERS MARKET FORECASTS AND ANALYSIS
10.3. TELECOMMUNICATION AND IT ENABLED SERVICES (ITES)
10.3.1. Overview
10.3.2. Telecommunication and IT Enabled Services (ITES) Market Forecast and Analysis
10.4. GOVERNMENT AND DEFENSE
10.4.1. Overview
10.4.2. Government and Defense Market Forecast and Analysis
10.5. BFSI
10.5.1. Overview
10.5.2. BFSI Market Forecast and Analysis
10.6. HEALTHCARE AND LIFE SCIENCES
10.6.1. Overview
10.6.2. Healthcare and Life Sciences Market Forecast and Analysis
10.7. MANUFACTURING
10.7.1. Overview
10.7.2. Manufacturing Market Forecast and Analysis
10.8. RETAIL AND CONSUMER GOODS
10.8.1. Overview
10.8.2. Retail and Consumer Goods Market Forecast and Analysis
10.9. ENERGY AND UTILITIES
10.9.1. Overview
10.9.2. Energy and Utilities Market Forecast and Analysis
11. CLOUD ENGINEERING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Cloud Engineering Market Overview
11.1.2 North America Cloud Engineering Market Forecasts and Analysis
11.1.3 North America Cloud Engineering Market Forecasts and Analysis - By Service Type
11.1.4 North America Cloud Engineering Market Forecasts and Analysis - By Organization Size
11.1.5 North America Cloud Engineering Market Forecasts and Analysis - By Deployment Model
11.1.6 North America Cloud Engineering Market Forecasts and Analysis - By End Users
11.1.7 North America Cloud Engineering Market Forecasts and Analysis - By Countries
11.1.7.1 United States Cloud Engineering Market
11.1.7.1.1 United States Cloud Engineering Market by Service Type
11.1.7.1.2 United States Cloud Engineering Market by Organization Size
11.1.7.1.3 United States Cloud Engineering Market by Deployment Model
11.1.7.1.4 United States Cloud Engineering Market by End Users
11.1.7.2 Canada Cloud Engineering Market
11.1.7.2.1 Canada Cloud Engineering Market by Service Type
11.1.7.2.2 Canada Cloud Engineering Market by Organization Size
11.1.7.2.3 Canada Cloud Engineering Market by Deployment Model
11.1.7.2.4 Canada Cloud Engineering Market by End Users
11.1.7.3 Mexico Cloud Engineering Market
11.1.7.3.1 Mexico Cloud Engineering Market by Service Type
11.1.7.3.2 Mexico Cloud Engineering Market by Organization Size
11.1.7.3.3 Mexico Cloud Engineering Market by Deployment Model
11.1.7.3.4 Mexico Cloud Engineering Market by End Users
11.2. EUROPE
11.2.1 Europe Cloud Engineering Market Overview
11.2.2 Europe Cloud Engineering Market Forecasts and Analysis
11.2.3 Europe Cloud Engineering Market Forecasts and Analysis - By Service Type
11.2.4 Europe Cloud Engineering Market Forecasts and Analysis - By Organization Size
11.2.5 Europe Cloud Engineering Market Forecasts and Analysis - By Deployment Model
11.2.6 Europe Cloud Engineering Market Forecasts and Analysis - By End Users
11.2.7 Europe Cloud Engineering Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Cloud Engineering Market
11.2.7.1.1 Germany Cloud Engineering Market by Service Type
11.2.7.1.2 Germany Cloud Engineering Market by Organization Size
11.2.7.1.3 Germany Cloud Engineering Market by Deployment Model
11.2.7.1.4 Germany Cloud Engineering Market by End Users
11.2.7.2 France Cloud Engineering Market
11.2.7.2.1 France Cloud Engineering Market by Service Type
11.2.7.2.2 France Cloud Engineering Market by Organization Size
11.2.7.2.3 France Cloud Engineering Market by Deployment Model
11.2.7.2.4 France Cloud Engineering Market by End Users
11.2.7.3 Italy Cloud Engineering Market
11.2.7.3.1 Italy Cloud Engineering Market by Service Type
11.2.7.3.2 Italy Cloud Engineering Market by Organization Size
11.2.7.3.3 Italy Cloud Engineering Market by Deployment Model
11.2.7.3.4 Italy Cloud Engineering Market by End Users
11.2.7.4 United Kingdom Cloud Engineering Market
11.2.7.4.1 United Kingdom Cloud Engineering Market by Service Type
11.2.7.4.2 United Kingdom Cloud Engineering Market by Organization Size
11.2.7.4.3 United Kingdom Cloud Engineering Market by Deployment Model
11.2.7.4.4 United Kingdom Cloud Engineering Market by End Users
11.2.7.5 Russia Cloud Engineering Market
11.2.7.5.1 Russia Cloud Engineering Market by Service Type
11.2.7.5.2 Russia Cloud Engineering Market by Organization Size
11.2.7.5.3 Russia Cloud Engineering Market by Deployment Model
11.2.7.5.4 Russia Cloud Engineering Market by End Users
11.2.7.6 Rest of Europe Cloud Engineering Market
11.2.7.6.1 Rest of Europe Cloud Engineering Market by Service Type
11.2.7.6.2 Rest of Europe Cloud Engineering Market by Organization Size
11.2.7.6.3 Rest of Europe Cloud Engineering Market by Deployment Model
11.2.7.6.4 Rest of Europe Cloud Engineering Market by End Users
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Cloud Engineering Market Overview
11.3.2 Asia-Pacific Cloud Engineering Market Forecasts and Analysis
11.3.3 Asia-Pacific Cloud Engineering Market Forecasts and Analysis - By Service Type
11.3.4 Asia-Pacific Cloud Engineering Market Forecasts and Analysis - By Organization Size
11.3.5 Asia-Pacific Cloud Engineering Market Forecasts and Analysis - By Deployment Model
11.3.6 Asia-Pacific Cloud Engineering Market Forecasts and Analysis - By End Users
11.3.7 Asia-Pacific Cloud Engineering Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Cloud Engineering Market
11.3.7.1.1 Australia Cloud Engineering Market by Service Type
11.3.7.1.2 Australia Cloud Engineering Market by Organization Size
11.3.7.1.3 Australia Cloud Engineering Market by Deployment Model
11.3.7.1.4 Australia Cloud Engineering Market by End Users
11.3.7.2 China Cloud Engineering Market
11.3.7.2.1 China Cloud Engineering Market by Service Type
11.3.7.2.2 China Cloud Engineering Market by Organization Size
11.3.7.2.3 China Cloud Engineering Market by Deployment Model
11.3.7.2.4 China Cloud Engineering Market by End Users
11.3.7.3 India Cloud Engineering Market
11.3.7.3.1 India Cloud Engineering Market by Service Type
11.3.7.3.2 India Cloud Engineering Market by Organization Size
11.3.7.3.3 India Cloud Engineering Market by Deployment Model
11.3.7.3.4 India Cloud Engineering Market by End Users
11.3.7.4 Japan Cloud Engineering Market
11.3.7.4.1 Japan Cloud Engineering Market by Service Type
11.3.7.4.2 Japan Cloud Engineering Market by Organization Size
11.3.7.4.3 Japan Cloud Engineering Market by Deployment Model
11.3.7.4.4 Japan Cloud Engineering Market by End Users
11.3.7.5 South Korea Cloud Engineering Market
11.3.7.5.1 South Korea Cloud Engineering Market by Service Type
11.3.7.5.2 South Korea Cloud Engineering Market by Organization Size
11.3.7.5.3 South Korea Cloud Engineering Market by Deployment Model
11.3.7.5.4 South Korea Cloud Engineering Market by End Users
11.3.7.6 Rest of Asia-Pacific Cloud Engineering Market
11.3.7.6.1 Rest of Asia-Pacific Cloud Engineering Market by Service Type
11.3.7.6.2 Rest of Asia-Pacific Cloud Engineering Market by Organization Size
11.3.7.6.3 Rest of Asia-Pacific Cloud Engineering Market by Deployment Model
11.3.7.6.4 Rest of Asia-Pacific Cloud Engineering Market by End Users
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Cloud Engineering Market Overview
11.4.2 Middle East and Africa Cloud Engineering Market Forecasts and Analysis
11.4.3 Middle East and Africa Cloud Engineering Market Forecasts and Analysis - By Service Type
11.4.4 Middle East and Africa Cloud Engineering Market Forecasts and Analysis - By Organization Size
11.4.5 Middle East and Africa Cloud Engineering Market Forecasts and Analysis - By Deployment Model
11.4.6 Middle East and Africa Cloud Engineering Market Forecasts and Analysis - By End Users
11.4.7 Middle East and Africa Cloud Engineering Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Cloud Engineering Market
11.4.7.1.1 South Africa Cloud Engineering Market by Service Type
11.4.7.1.2 South Africa Cloud Engineering Market by Organization Size
11.4.7.1.3 South Africa Cloud Engineering Market by Deployment Model
11.4.7.1.4 South Africa Cloud Engineering Market by End Users
11.4.7.2 Saudi Arabia Cloud Engineering Market
11.4.7.2.1 Saudi Arabia Cloud Engineering Market by Service Type
11.4.7.2.2 Saudi Arabia Cloud Engineering Market by Organization Size
11.4.7.2.3 Saudi Arabia Cloud Engineering Market by Deployment Model
11.4.7.2.4 Saudi Arabia Cloud Engineering Market by End Users
11.4.7.3 U.A.E Cloud Engineering Market
11.4.7.3.1 U.A.E Cloud Engineering Market by Service Type
11.4.7.3.2 U.A.E Cloud Engineering Market by Organization Size
11.4.7.3.3 U.A.E Cloud Engineering Market by Deployment Model
11.4.7.3.4 U.A.E Cloud Engineering Market by End Users
11.4.7.4 Rest of Middle East and Africa Cloud Engineering Market
11.4.7.4.1 Rest of Middle East and Africa Cloud Engineering Market by Service Type
11.4.7.4.2 Rest of Middle East and Africa Cloud Engineering Market by Organization Size
11.4.7.4.3 Rest of Middle East and Africa Cloud Engineering Market by Deployment Model
11.4.7.4.4 Rest of Middle East and Africa Cloud Engineering Market by End Users
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Cloud Engineering Market Overview
11.5.2 South and Central America Cloud Engineering Market Forecasts and Analysis
11.5.3 South and Central America Cloud Engineering Market Forecasts and Analysis - By Service Type
11.5.4 South and Central America Cloud Engineering Market Forecasts and Analysis - By Organization Size
11.5.5 South and Central America Cloud Engineering Market Forecasts and Analysis - By Deployment Model
11.5.6 South and Central America Cloud Engineering Market Forecasts and Analysis - By End Users
11.5.7 South and Central America Cloud Engineering Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Cloud Engineering Market
11.5.7.1.1 Brazil Cloud Engineering Market by Service Type
11.5.7.1.2 Brazil Cloud Engineering Market by Organization Size
11.5.7.1.3 Brazil Cloud Engineering Market by Deployment Model
11.5.7.1.4 Brazil Cloud Engineering Market by End Users
11.5.7.2 Argentina Cloud Engineering Market
11.5.7.2.1 Argentina Cloud Engineering Market by Service Type
11.5.7.2.2 Argentina Cloud Engineering Market by Organization Size
11.5.7.2.3 Argentina Cloud Engineering Market by Deployment Model
11.5.7.2.4 Argentina Cloud Engineering Market by End Users
11.5.7.3 Rest of South and Central America Cloud Engineering Market
11.5.7.3.1 Rest of South and Central America Cloud Engineering Market by Service Type
11.5.7.3.2 Rest of South and Central America Cloud Engineering Market by Organization Size
11.5.7.3.3 Rest of South and Central America Cloud Engineering Market by Deployment Model
11.5.7.3.4 Rest of South and Central America Cloud Engineering Market by End Users
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. CLOUD ENGINEERING MARKET, KEY COMPANY PROFILES
13.1. CALSOFT INC.
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. SOGETI
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. GFT TECHNOLOGIES SE
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. ITC INFOTECHINDIA LTD
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. NITOR INFOTECH
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. RAPIDVALUE SOLUTIONS
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. SOFTCRYLIC
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. TRIANZ
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. VVDN TECHNOLOGIES
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
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies
1. Calsoft Inc.
2. Sogeti
3. GFT TECHNOLOGIES SE
4. ITC Infotech India Ltd
5. Nitor Infotech
6. RapidValue Solutions
7.Softcrylic
8. Trianz
9. VVDN 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.
Get Free Sample For