The Cloud-managed LAN Market is expected to register a CAGR of 10.0% 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 Component (Hardware, Solution, Services); Organization Size (Large Enterprise, Small and Medium Enterprise); Vertical (IT and Telecom, BFSI, Government, Defense, Media and Entertainment, Education, 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 ReportThe report Cloud-managed LAN 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.
Cloud-managed LAN Market Segmentation
Component- Hardware
- Solution
- Services
- Large Enterprise
- Small and Medium Enterprise
- IT and Telecom
- BFSI
- Government
- Defense
- Media and Entertainment
- Education
- Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Cloud-managed LAN Market Growth Drivers- Increased Demand for Network Flexibility and Scalability: As organizations grow and expand, the need for flexible and scalable network solutions has become crucial. Cloud-managed LAN solutions provide businesses with the ability to easily scale their network infrastructure up or down based on their specific requirements. This adaptability allows companies to respond quickly to changing business needs, whether it be adding new users, accommodating additional devices, or supporting remote workforces, thus driving the adoption of cloud-managed LAN services.
- Enhanced Network Security and Performance: As cyber threats become increasingly sophisticated, organizations are prioritizing network security and performance. Cloud-managed LAN solutions offer advanced security features, such as real-time monitoring, automated updates, and centralized management, which significantly enhance the overall security posture of an organization. Additionally, these solutions often include performance optimization tools that ensure reliable connectivity and minimize downtime. This growing emphasis on security and performance is a key driver for the adoption of cloud-managed LAN services.
- Growing Adoption of Internet of Things (IoT) Devices: The proliferation of IoT devices across various industries is driving the demand for cloud-managed LAN solutions. As organizations increasingly integrate IoT technology into their operations, the need for reliable and scalable network infrastructure becomes paramount. Cloud-managed LAN solutions can easily accommodate the surge in connected devices, providing the necessary bandwidth and connectivity to support these applications. This trend highlights the importance of cloud-managed solutions in facilitating the seamless integration of IoT within the enterprise landscape.
- Shift Towards Hybrid and Remote Work Models: The shift to hybrid and remote work models has changed the landscape of networking needs for many organizations. As employees work from various locations, there is a growing need for flexible and secure network access. Cloud-managed LAN solutions provide organizations with the ability to extend their networks beyond traditional office environments, ensuring that remote workers can connect securely and efficiently. This trend is reshaping the way businesses approach network management and underscores the importance of cloud-based solutions in supporting modern work environments.
- Partnerships with Managed Service Providers (MSPs): Collaborating with managed service providers (MSPs) presents a unique opportunity for cloud-managed LAN companies to broaden their reach and enhance service offerings. By partnering with MSPs, cloud-managed LAN providers can leverage their existing customer relationships and expertise to deliver comprehensive networking solutions that meet the specific needs of various industries. This collaboration not only expands market reach but also provides customers with a one-stop-shop for their networking and IT needs, driving mutual growth for both parties.
- Growing Development in Developing Nations: As digital transformation accelerates in emerging markets, there is a growing opportunity for cloud-managed LAN providers to expand their presence. Businesses in these markets are increasingly adopting technology to improve operational efficiency and customer engagement. By tailoring their offerings to address the specific needs and challenges of organizations in emerging regions, cloud-managed LAN providers can tap into a vast market potential that is eager for innovative networking solutions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Cloud-managed LAN 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 Cloud-managed LAN Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- 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
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
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
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Cloud-managed LAN integration with SD-WAN technologyto play a significant role in the global cloud-managed LAN market in the coming years
Increasing network complexity and shift to remote and hybrid models are the major factors driving the cloud-managed LAN market
The Cloud-managed LAN Market is estimated to witness a CAGR of 10.0% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cloud-managed LAN Market - By Component
1.3.2 Cloud-managed LAN Market - By Organization Size
1.3.3 Cloud-managed LAN Market - By Vertical
1.3.4 Cloud-managed LAN Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CLOUD-MANAGED LAN MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CLOUD-MANAGED LAN 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-MANAGED LAN MARKET - GLOBAL MARKET ANALYSIS
6.1. CLOUD-MANAGED LAN - GLOBAL MARKET OVERVIEW
6.2. CLOUD-MANAGED LAN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CLOUD-MANAGED LAN MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.3.3. Routers Market
7.3.3.1. Overview
7.3.3.2. Routers Market Forecast and Analysis
7.3.4. Switches Market
7.3.4.1. Overview
7.3.4.2. Switches Market Forecast and Analysis
7.3.5. Wi-Fi Access Point Market
7.3.5.1. Overview
7.3.5.2. Wi-Fi Access Point Market Forecast and Analysis
7.3.6. Gateway Market
7.3.6.1. Overview
7.3.6.2. Gateway Market Forecast and Analysis
7.4. SOLUTION
7.4.1. Overview
7.4.2. Solution Market Forecast and Analysis
7.4.3. Network Management Market
7.4.3.1. Overview
7.4.3.2. Network Management Market Forecast and Analysis
7.4.4. Monitoring and Performance Management Market
7.4.4.1. Overview
7.4.4.2. Monitoring and Performance Management Market Forecast and Analysis
7.4.5. Guest Access Market
7.4.5.1. Overview
7.4.5.2. Guest Access Market Forecast and Analysis
7.4.6. Onboarding Services Market
7.4.6.1. Overview
7.4.6.2. Onboarding Services Market Forecast and Analysis
7.4.7. Configuration Solution Market
7.4.7.1. Overview
7.4.7.2. Configuration Solution Market Forecast and Analysis
7.4.8. Unified SD-LAN and SD-WAN Management Market
7.4.8.1. Overview
7.4.8.2. Unified SD-LAN and SD-WAN Management Market Forecast and Analysis
7.4.9. Authentication Market
7.4.9.1. Overview
7.4.9.2. Authentication Market Forecast and Analysis
7.4.10. Others Market
7.4.10.1. Overview
7.4.10.2. Others Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
7.5.3. Professional Services Market
7.5.3.1. Overview
7.5.3.2. Professional Services Market Forecast and Analysis
7.5.4. Managed Services Market
7.5.4.1. Overview
7.5.4.2. Managed Services Market Forecast and Analysis
8. CLOUD-MANAGED LAN MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION SIZE
8.1. OVERVIEW
8.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
8.3. LARGE ENTERPRISE
8.3.1. Overview
8.3.2. Large Enterprise Market Forecast and Analysis
8.4. SMALL AND MEDIUM ENTERPRISE
8.4.1. Overview
8.4.2. Small and Medium Enterprise Market Forecast and Analysis
9. CLOUD-MANAGED LAN MARKET - REVENUE AND FORECASTS TO 2028 - VERTICAL
9.1. OVERVIEW
9.2. VERTICAL MARKET FORECASTS AND ANALYSIS
9.3. IT AND TELECOM
9.3.1. Overview
9.3.2. IT and Telecom Market Forecast and Analysis
9.4. BFSI
9.4.1. Overview
9.4.2. BFSI Market Forecast and Analysis
9.5. GOVERNMENT
9.5.1. Overview
9.5.2. Government Market Forecast and Analysis
9.6. DEFENSE
9.6.1. Overview
9.6.2. Defense Market Forecast and Analysis
9.7. MEDIA AND ENTERTAINMENT
9.7.1. Overview
9.7.2. Media and Entertainment Market Forecast and Analysis
9.8. EDUCATION
9.8.1. Overview
9.8.2. Education Market Forecast and Analysis
9.9. OTHERS
9.9.1. Overview
9.9.2. Others Market Forecast and Analysis
10. CLOUD-MANAGED LAN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Cloud-managed LAN Market Overview
10.1.2 North America Cloud-managed LAN Market Forecasts and Analysis
10.1.3 North America Cloud-managed LAN Market Forecasts and Analysis - By Component
10.1.4 North America Cloud-managed LAN Market Forecasts and Analysis - By Organization Size
10.1.5 North America Cloud-managed LAN Market Forecasts and Analysis - By Vertical
10.1.6 North America Cloud-managed LAN Market Forecasts and Analysis - By Countries
10.1.6.1 United States Cloud-managed LAN Market
10.1.6.1.1 United States Cloud-managed LAN Market by Component
10.1.6.1.2 United States Cloud-managed LAN Market by Organization Size
10.1.6.1.3 United States Cloud-managed LAN Market by Vertical
10.1.6.2 Canada Cloud-managed LAN Market
10.1.6.2.1 Canada Cloud-managed LAN Market by Component
10.1.6.2.2 Canada Cloud-managed LAN Market by Organization Size
10.1.6.2.3 Canada Cloud-managed LAN Market by Vertical
10.1.6.3 Mexico Cloud-managed LAN Market
10.1.6.3.1 Mexico Cloud-managed LAN Market by Component
10.1.6.3.2 Mexico Cloud-managed LAN Market by Organization Size
10.1.6.3.3 Mexico Cloud-managed LAN Market by Vertical
10.2. EUROPE
10.2.1 Europe Cloud-managed LAN Market Overview
10.2.2 Europe Cloud-managed LAN Market Forecasts and Analysis
10.2.3 Europe Cloud-managed LAN Market Forecasts and Analysis - By Component
10.2.4 Europe Cloud-managed LAN Market Forecasts and Analysis - By Organization Size
10.2.5 Europe Cloud-managed LAN Market Forecasts and Analysis - By Vertical
10.2.6 Europe Cloud-managed LAN Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Cloud-managed LAN Market
10.2.6.1.1 Germany Cloud-managed LAN Market by Component
10.2.6.1.2 Germany Cloud-managed LAN Market by Organization Size
10.2.6.1.3 Germany Cloud-managed LAN Market by Vertical
10.2.6.2 France Cloud-managed LAN Market
10.2.6.2.1 France Cloud-managed LAN Market by Component
10.2.6.2.2 France Cloud-managed LAN Market by Organization Size
10.2.6.2.3 France Cloud-managed LAN Market by Vertical
10.2.6.3 Italy Cloud-managed LAN Market
10.2.6.3.1 Italy Cloud-managed LAN Market by Component
10.2.6.3.2 Italy Cloud-managed LAN Market by Organization Size
10.2.6.3.3 Italy Cloud-managed LAN Market by Vertical
10.2.6.4 United Kingdom Cloud-managed LAN Market
10.2.6.4.1 United Kingdom Cloud-managed LAN Market by Component
10.2.6.4.2 United Kingdom Cloud-managed LAN Market by Organization Size
10.2.6.4.3 United Kingdom Cloud-managed LAN Market by Vertical
10.2.6.5 Russia Cloud-managed LAN Market
10.2.6.5.1 Russia Cloud-managed LAN Market by Component
10.2.6.5.2 Russia Cloud-managed LAN Market by Organization Size
10.2.6.5.3 Russia Cloud-managed LAN Market by Vertical
10.2.6.6 Rest of Europe Cloud-managed LAN Market
10.2.6.6.1 Rest of Europe Cloud-managed LAN Market by Component
10.2.6.6.2 Rest of Europe Cloud-managed LAN Market by Organization Size
10.2.6.6.3 Rest of Europe Cloud-managed LAN Market by Vertical
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Cloud-managed LAN Market Overview
10.3.2 Asia-Pacific Cloud-managed LAN Market Forecasts and Analysis
10.3.3 Asia-Pacific Cloud-managed LAN Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific Cloud-managed LAN Market Forecasts and Analysis - By Organization Size
10.3.5 Asia-Pacific Cloud-managed LAN Market Forecasts and Analysis - By Vertical
10.3.6 Asia-Pacific Cloud-managed LAN Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Cloud-managed LAN Market
10.3.6.1.1 Australia Cloud-managed LAN Market by Component
10.3.6.1.2 Australia Cloud-managed LAN Market by Organization Size
10.3.6.1.3 Australia Cloud-managed LAN Market by Vertical
10.3.6.2 China Cloud-managed LAN Market
10.3.6.2.1 China Cloud-managed LAN Market by Component
10.3.6.2.2 China Cloud-managed LAN Market by Organization Size
10.3.6.2.3 China Cloud-managed LAN Market by Vertical
10.3.6.3 Japan Cloud-managed LAN Market
10.3.6.3.1 Japan Cloud-managed LAN Market by Component
10.3.6.3.2 Japan Cloud-managed LAN Market by Organization Size
10.3.6.3.3 Japan Cloud-managed LAN Market by Vertical
10.3.6.4 South Korea Cloud-managed LAN Market
10.3.6.4.1 South Korea Cloud-managed LAN Market by Component
10.3.6.4.2 South Korea Cloud-managed LAN Market by Organization Size
10.3.6.4.3 South Korea Cloud-managed LAN Market by Vertical
10.3.6.5 Rest of Asia-Pacific Cloud-managed LAN Market
10.3.6.5.1 Rest of Asia-Pacific Cloud-managed LAN Market by Component
10.3.6.5.2 Rest of Asia-Pacific Cloud-managed LAN Market by Organization Size
10.3.6.5.3 Rest of Asia-Pacific Cloud-managed LAN Market by Vertical
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Cloud-managed LAN Market Overview
10.4.2 Middle East and Africa Cloud-managed LAN Market Forecasts and Analysis
10.4.3 Middle East and Africa Cloud-managed LAN Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa Cloud-managed LAN Market Forecasts and Analysis - By Organization Size
10.4.5 Middle East and Africa Cloud-managed LAN Market Forecasts and Analysis - By Vertical
10.4.6 Middle East and Africa Cloud-managed LAN Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Cloud-managed LAN Market
10.4.6.1.1 South Africa Cloud-managed LAN Market by Component
10.4.6.1.2 South Africa Cloud-managed LAN Market by Organization Size
10.4.6.1.3 South Africa Cloud-managed LAN Market by Vertical
10.4.6.2 U.A.E Cloud-managed LAN Market
10.4.6.2.1 U.A.E Cloud-managed LAN Market by Component
10.4.6.2.2 U.A.E Cloud-managed LAN Market by Organization Size
10.4.6.2.3 U.A.E Cloud-managed LAN Market by Vertical
10.4.6.3 Rest of Middle East and Africa Cloud-managed LAN Market
10.4.6.3.1 Rest of Middle East and Africa Cloud-managed LAN Market by Component
10.4.6.3.2 Rest of Middle East and Africa Cloud-managed LAN Market by Organization Size
10.4.6.3.3 Rest of Middle East and Africa Cloud-managed LAN Market by Vertical
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Cloud-managed LAN Market Overview
10.5.2 South and Central America Cloud-managed LAN Market Forecasts and Analysis
10.5.3 South and Central America Cloud-managed LAN Market Forecasts and Analysis - By Component
10.5.4 South and Central America Cloud-managed LAN Market Forecasts and Analysis - By Organization Size
10.5.5 South and Central America Cloud-managed LAN Market Forecasts and Analysis - By Vertical
10.5.6 South and Central America Cloud-managed LAN Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Cloud-managed LAN Market
10.5.6.1.1 Brazil Cloud-managed LAN Market by Component
10.5.6.1.2 Brazil Cloud-managed LAN Market by Organization Size
10.5.6.1.3 Brazil Cloud-managed LAN Market by Vertical
10.5.6.2 Argentina Cloud-managed LAN Market
10.5.6.2.1 Argentina Cloud-managed LAN Market by Component
10.5.6.2.2 Argentina Cloud-managed LAN Market by Organization Size
10.5.6.2.3 Argentina Cloud-managed LAN Market by Vertical
10.5.6.3 Rest of South and Central America Cloud-managed LAN Market
10.5.6.3.1 Rest of South and Central America Cloud-managed LAN Market by Component
10.5.6.3.2 Rest of South and Central America Cloud-managed LAN Market by Organization Size
10.5.6.3.3 Rest of South and Central America Cloud-managed LAN Market by Vertical
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. CLOUD-MANAGED LAN MARKET, KEY COMPANY PROFILES
12.1. CAMBIUM NETWORKS, LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CISCO SYSTEMS, INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. COMMSCOPE INC.,
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DXC TECHNOLOGY COMPANY
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. EXTREME NETWORKS
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. IRICENT LTD
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. JUNIPER NETWORKS, INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. LANCOM SYSTEMS GMBH
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. NOKIA CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. T-SYSTEMS INTERNATIONAL GMBH
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Cambium Networks, Ltd.
2. Cisco Systems, Inc.
3. CommScope Inc.,
4. DXC Technology Company
5. Extreme Networks
6. Iricent Ltd
7. Juniper Networks, Inc.
8. LANCOM Systems GmbH
9. Nokia Corporation
10. T-Systems International GmbH
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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