Cloud Security in Healthcare Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Cloud security is an IT service used to protect the data stored online through cloud computing platforms. It safeguards critical information from data leakage, theft, and deletion. Nowadays, cloud security is being adopted in healthcare at an increased rate to reduce healthcare costs and maintain the quality of care. Cloud security solutions enable businesses to ensure their continuity and stay safe from malicious threat actors and the threat of cybercrimes. Different methods of cloud security include virtual private networks (VPN), firewalls, obfuscation, and others.
MARKET SCOPE
The "Global Cloud Security in Healthcare Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cloud security in healthcare market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading cloud security in healthcare market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global cloud security in healthcare market is segmented into data loss protection, email protection, network security, encryption services and other.
- Based on application, the market is segmented into hospital, clinic and others.
MARKET DYNAMICS
Drivers:
- Increase in the number of cyber-attacks on cloud computing systems.
- Rise in need for compliance with various regulations.
- Rise in digital transactions worldwide.
- Privacy concerns regarding patient information.
- Increase in the volume and scalability of healthcare data.
- Growing adoption of cloud-based clinical applications.
Restraints:
- Lack of collaboration among enterprises and cloud security service providers.
- Lack of interoperability and standardization of clouds.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cloud security in healthcare market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting 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 affecting the cloud security in healthcare market in these regions.
IMPACT OF COVID-19 ON CLOUD SECURITY IN HEALTHCARE MARKET
COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Due to the high prevalence rate of the COVID-19 pandemic, various governments and regulatory authorities mandate public and private organizations to embrace new practices regarding remotely working and maintaining social distance. There was a short-term negative impact on the market due to various restrictive measures, such as worldwide lockdown, business shutdown, and social distancing. With the widespread WFH trend and worldwide internet penetration, individuals were inclined towards the usage of digital technologies like cloud solutions, which increased the need for cloud security measures to protect against cyber-attacks. Various industries also invested in R&D in order to develop cloud-based analytics software for the study of COVID-19 spread. Thus, the increased usage of the web- and cloud-based tools and applications led to data leakage and threats that resulted in surged demand for cloud security among various industries, including healthcare. Hence, owing to the above-mentioned factors, the market growth was positively affected in the pandemic.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cloud security in healthcare market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting 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 affecting the cloud security in healthcare market in these regions.
IMPACT OF COVID-19 ON CLOUD SECURITY IN HEALTHCARE MARKET
COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Due to the high prevalence rate of the COVID-19 pandemic, various governments and regulatory authorities mandate public and private organizations to embrace new practices regarding remotely working and maintaining social distance. There was a short-term negative impact on the market due to various restrictive measures, such as worldwide lockdown, business shutdown, and social distancing. With the widespread WFH trend and worldwide internet penetration, individuals were inclined towards the usage of digital technologies like cloud solutions, which increased the need for cloud security measures to protect against cyber-attacks. Various industries also invested in R&D in order to develop cloud-based analytics software for the study of COVID-19 spread. Thus, the increased usage of the web- and cloud-based tools and applications led to data leakage and threats that resulted in surged demand for cloud security among various industries, including healthcare. Hence, owing to the above-mentioned factors, the market growth was positively affected in the pandemic.
MARKET PLAYERS
The report covers key developments in the cloud security in healthcare 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 the expansion of business and customer base of market players. The market players from cloud security in healthcare market are anticipated to have lucrative growth opportunities in the future with the rising demand for cloud security in healthcare in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cloud security in healthcare market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- CareCloud Corporation
- Carestream Health Inc
- Cisco Systems Inc.
- IBM Corporation
- Athenahealth
- Sophos
- Fortinet
- Dell Inc.
- Iron Mountain Inc.
- Cleardata Networks Inc.
- 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 Cloud Security In Healthcare Market - By Type
1.3.2 Cloud Security In Healthcare Market - By Application
1.3.3 Cloud Security In Healthcare Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CLOUD SECURITY IN HEALTHCARE 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. EXPERT OPINIONS
5. CLOUD SECURITY IN HEALTHCARE 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 SECURITY IN HEALTHCARE MARKET - GLOBAL MARKET ANALYSIS
6.1. CLOUD SECURITY IN HEALTHCARE - GLOBAL MARKET OVERVIEW
6.2. CLOUD SECURITY IN HEALTHCARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. CLOUD SECURITY IN HEALTHCARE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. DATA LOSS PROTECTION
7.3.1. Overview
7.3.2. Data Loss Protection Market Forecast and Analysis
7.4. EMAIL PROTECTION
7.4.1. Overview
7.4.2. Email Protection Market Forecast and Analysis
7.5. NETWORK SECURITY
7.5.1. Overview
7.5.2. Network Security Market Forecast and Analysis
7.6. ENCRYPTION SERVICES
7.6.1. Overview
7.6.2. Encryption Services Market Forecast and Analysis
7.7. OTHER
7.7.1. Overview
7.7.2. Other Market Forecast and Analysis
8. CLOUD SECURITY IN HEALTHCARE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. CLINIC
8.4.1. Overview
8.4.2. Clinic Market Forecast and Analysis
8.5. OTHER
8.5.1. Overview
8.5.2. Other Market Forecast and Analysis
9. CLOUD SECURITY IN HEALTHCARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Cloud Security In Healthcare Market Overview
9.1.2 North America Cloud Security In Healthcare Market Forecasts and Analysis
9.1.3 North America Cloud Security In Healthcare Market Forecasts and Analysis - By Type
9.1.4 North America Cloud Security In Healthcare Market Forecasts and Analysis - By Application
9.1.5 North America Cloud Security In Healthcare Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Cloud Security In Healthcare Market
9.1.5.1.1 Canada Cloud Security In Healthcare Market by Type
9.1.5.1.2 Canada Cloud Security In Healthcare Market by Application
9.1.5.2 Mexico Cloud Security In Healthcare Market
9.1.5.2.1 Mexico Cloud Security In Healthcare Market by Type
9.1.5.2.2 Mexico Cloud Security In Healthcare Market by Application
9.1.5.3 US Cloud Security In Healthcare Market
9.1.5.3.1 US Cloud Security In Healthcare Market by Type
9.1.5.3.2 US Cloud Security In Healthcare Market by Application
9.2. EUROPE
9.2.1 Europe Cloud Security In Healthcare Market Overview
9.2.2 Europe Cloud Security In Healthcare Market Forecasts and Analysis
9.2.3 Europe Cloud Security In Healthcare Market Forecasts and Analysis - By Type
9.2.4 Europe Cloud Security In Healthcare Market Forecasts and Analysis - By Application
9.2.5 Europe Cloud Security In Healthcare Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Cloud Security In Healthcare Market
9.2.5.1.1 Germany Cloud Security In Healthcare Market by Type
9.2.5.1.2 Germany Cloud Security In Healthcare Market by Application
9.2.5.2 France Cloud Security In Healthcare Market
9.2.5.2.1 France Cloud Security In Healthcare Market by Type
9.2.5.2.2 France Cloud Security In Healthcare Market by Application
9.2.5.3 Italy Cloud Security In Healthcare Market
9.2.5.3.1 Italy Cloud Security In Healthcare Market by Type
9.2.5.3.2 Italy Cloud Security In Healthcare Market by Application
9.2.5.4 Spain Cloud Security In Healthcare Market
9.2.5.4.1 Spain Cloud Security In Healthcare Market by Type
9.2.5.4.2 Spain Cloud Security In Healthcare Market by Application
9.2.5.5 United Kingdom Cloud Security In Healthcare Market
9.2.5.5.1 United Kingdom Cloud Security In Healthcare Market by Type
9.2.5.5.2 United Kingdom Cloud Security In Healthcare Market by Application
9.2.5.6 Rest of Europe Cloud Security In Healthcare Market
9.2.5.6.1 Rest of Europe Cloud Security In Healthcare Market by Type
9.2.5.6.2 Rest of Europe Cloud Security In Healthcare Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Cloud Security In Healthcare Market Overview
9.3.2 Asia-Pacific Cloud Security In Healthcare Market Forecasts and Analysis
9.3.3 Asia-Pacific Cloud Security In Healthcare Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Cloud Security In Healthcare Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Cloud Security In Healthcare Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Cloud Security In Healthcare Market
9.3.5.1.1 Australia Cloud Security In Healthcare Market by Type
9.3.5.1.2 Australia Cloud Security In Healthcare Market by Application
9.3.5.2 China Cloud Security In Healthcare Market
9.3.5.2.1 China Cloud Security In Healthcare Market by Type
9.3.5.2.2 China Cloud Security In Healthcare Market by Application
9.3.5.3 India Cloud Security In Healthcare Market
9.3.5.3.1 India Cloud Security In Healthcare Market by Type
9.3.5.3.2 India Cloud Security In Healthcare Market by Application
9.3.5.4 Japan Cloud Security In Healthcare Market
9.3.5.4.1 Japan Cloud Security In Healthcare Market by Type
9.3.5.4.2 Japan Cloud Security In Healthcare Market by Application
9.3.5.5 South Korea Cloud Security In Healthcare Market
9.3.5.5.1 South Korea Cloud Security In Healthcare Market by Type
9.3.5.5.2 South Korea Cloud Security In Healthcare Market by Application
9.3.5.6 Rest of Asia-Pacific Cloud Security In Healthcare Market
9.3.5.6.1 Rest of Asia-Pacific Cloud Security In Healthcare Market by Type
9.3.5.6.2 Rest of Asia-Pacific Cloud Security In Healthcare Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Cloud Security In Healthcare Market Overview
9.4.2 Middle East and Africa Cloud Security In Healthcare Market Forecasts and Analysis
9.4.3 Middle East and Africa Cloud Security In Healthcare Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Cloud Security In Healthcare Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Cloud Security In Healthcare Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Cloud Security In Healthcare Market
9.4.5.1.1 South Africa Cloud Security In Healthcare Market by Type
9.4.5.1.2 South Africa Cloud Security In Healthcare Market by Application
9.4.5.2 Saudi Arabia Cloud Security In Healthcare Market
9.4.5.2.1 Saudi Arabia Cloud Security In Healthcare Market by Type
9.4.5.2.2 Saudi Arabia Cloud Security In Healthcare Market by Application
9.4.5.3 U.A.E Cloud Security In Healthcare Market
9.4.5.3.1 U.A.E Cloud Security In Healthcare Market by Type
9.4.5.3.2 U.A.E Cloud Security In Healthcare Market by Application
9.4.5.4 Rest of Middle East and Africa Cloud Security In Healthcare Market
9.4.5.4.1 Rest of Middle East and Africa Cloud Security In Healthcare Market by Type
9.4.5.4.2 Rest of Middle East and Africa Cloud Security In Healthcare Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Cloud Security In Healthcare Market Overview
9.5.2 South and Central America Cloud Security In Healthcare Market Forecasts and Analysis
9.5.3 South and Central America Cloud Security In Healthcare Market Forecasts and Analysis - By Type
9.5.4 South and Central America Cloud Security In Healthcare Market Forecasts and Analysis - By Application
9.5.5 South and Central America Cloud Security In Healthcare Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Cloud Security In Healthcare Market
9.5.5.1.1 Brazil Cloud Security In Healthcare Market by Type
9.5.5.1.2 Brazil Cloud Security In Healthcare Market by Application
9.5.5.2 Argentina Cloud Security In Healthcare Market
9.5.5.2.1 Argentina Cloud Security In Healthcare Market by Type
9.5.5.2.2 Argentina Cloud Security In Healthcare Market by Application
9.5.5.3 Rest of South and Central America Cloud Security In Healthcare Market
9.5.5.3.1 Rest of South and Central America Cloud Security In Healthcare Market by Type
9.5.5.3.2 Rest of South and Central America Cloud Security In Healthcare Market by Application
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. CLOUD SECURITY IN HEALTHCARE MARKET, KEY COMPANY PROFILES
11.1. CARECLOUD CORPORATION
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. CARESTREAM HEALTH 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. CISCO SYSTEMS INC.
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. IBM CORPORATION
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. ATHENAHEALTH
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. SOPHOS
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. FORTINET
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. DELL INC.
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. IRON MOUNTAIN INC.
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. CLEARDATA NETWORKS 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
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. CareCloud Corporation
2. Carestream Health Inc.
3. Cisco Systems Inc.
4. IBM Corporation
5. Athenahealth
6. Sophos
7. Fortinet
8. Dell Inc.
9. Iron Mountain Inc.
10. Cleardata Networks Inc.
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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