Cloud VPN Market Dynamics 2021-2031
The cloud VPN is well known as hosted VPN or virtual private network as a service (VPNaaS. The primary objective of a cloud VPN is to offer same level security accessible VPN services without the necessity for additional or any VPN infrastructure on the user's end. The cloud VPN connectivity services are provided to the user by the provider's website or a desktop or mobile app.
MARKET DYNAMICS
The increase in demand of smart devices is driving the demand for secure connectivity. Thus, the demand for secure networks is on the surge among individuals across the globe. This is a significant factor that fuels the adoption of cloud VPN among the IT & telecommunication sector, which in turn is anticipated to drive the growth of the global cloud VPN market. Moreover, high adoption of cloud services for virtual appliances is also predicted to propel the growth of the global cloud VPN market
MARKET SCOPE
The "Global Cloud VPN Market Analysis to 2031" is a specialized and in-depth study of the cloud VPN market with a special focus on the global market trend analysis. The report aims to provide an overview of cloud VPN market with detailed market segmentation by component, connectivity type, organization size, vertical. The global cloud VPN market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud VPN market players and offers key trends and opportunities in the cloud VPN market.
MARKET SEGMENTATION
The global cloud VPN market is segmented on the basis of component, connectivity type, organization size, vertical. On the basis of component, the market is segmented as software, services. On the basis of connectivity type, the market is segmented as site-to-site, remote access. On the basis of organization size, the market is segmented as large enterprises, SMEs. On the basis of vertical, the market is segmented as energy and utilities, retail and e-commerce, government and defense, media and entertainment, medical and life sciences, IT and telecommunications, transportation and logistics, BFSI, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cloud VPN market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cloud VPN market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cloud VPN market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cloud VPN market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cloud VPN market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cloud VPN market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cloud VPN market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cloud VPN market in these regions.
MARKET PLAYERS
The reports cover key developments in the cloud VPN market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cloud VPN market are anticipated to lucrative growth opportunities in the future with the rising demand for cloud VPN market. Below mentioned is the list of few companies engaged in the cloud VPN market.
The report also includes the profiles of key cloud VPN market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Cisco Systems, Inc.
- Cohesive Networks
- Contemporary Control Systems, Inc.
- Google
- Huawei Technologies Co., Ltd.
- Microsoft
- NCP engineering, Inc.
- Oracle
- Robustel
- Singtel
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- 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 VPN Market - By Component
1.3.2 Cloud VPN Market - By Connectivity Type
1.3.3 Cloud VPN Market - By Organization Size
1.3.4 Cloud VPN Market - By Industry Vertical
1.3.5 Cloud VPN Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CLOUD VPN 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 VPN 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 VPN MARKET - GLOBAL MARKET ANALYSIS
6.1. CLOUD VPN - GLOBAL MARKET OVERVIEW
6.2. CLOUD VPN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CLOUD VPN MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. CLOUD VPN MARKET - REVENUE AND FORECASTS TO 2028 - CONNECTIVITY TYPE
8.1. OVERVIEW
8.2. CONNECTIVITY TYPE MARKET FORECASTS AND ANALYSIS
8.3. SITE-TO-SITE
8.3.1. Overview
8.3.2. Site-to-Site Market Forecast and Analysis
8.4. REMOTE ACCESS
8.4.1. Overview
8.4.2. Remote Access Market Forecast and Analysis
9. CLOUD VPN MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION SIZE
9.1. OVERVIEW
9.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
9.3. LARGE ENTERPRISES
9.3.1. Overview
9.3.2. Large Enterprises Market Forecast and Analysis
9.4. SMES
9.4.1. Overview
9.4.2. SMEs Market Forecast and Analysis
10. CLOUD VPN MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
10.1. OVERVIEW
10.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
10.3. ENERGY AND UTILITIES
10.3.1. Overview
10.3.2. Energy and Utilities Market Forecast and Analysis
10.4. RETAIL AND E-COMMERCE
10.4.1. Overview
10.4.2. Retail and E-Commerce Market Forecast and Analysis
10.5. GOVERNMENT AND DEFENSE
10.5.1. Overview
10.5.2. Government and Defense Market Forecast and Analysis
10.6. MEDIA AND ENTERTAINMENT
10.6.1. Overview
10.6.2. Media and Entertainment Market Forecast and Analysis
10.7. MEDICAL AND LIFE SCIENCES
10.7.1. Overview
10.7.2. Medical and Life Sciences Market Forecast and Analysis
10.8. IT AND TELECOMMUNICATIONS
10.8.1. Overview
10.8.2. IT and Telecommunications Market Forecast and Analysis
10.9. TRANSPORTATION AND LOGISTICS
10.9.1. Overview
10.9.2. Transportation and Logistics Market Forecast and Analysis
10.10. BFSI
10.10.1. Overview
10.10.2. BFSI Market Forecast and Analysis
10.11. OTHERS
10.11.1. Overview
10.11.2. Others Market Forecast and Analysis
11. CLOUD VPN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Cloud VPN Market Overview
11.1.2 North America Cloud VPN Market Forecasts and Analysis
11.1.3 North America Cloud VPN Market Forecasts and Analysis - By Component
11.1.4 North America Cloud VPN Market Forecasts and Analysis - By Connectivity Type
11.1.5 North America Cloud VPN Market Forecasts and Analysis - By Organization Size
11.1.6 North America Cloud VPN Market Forecasts and Analysis - By Industry Vertical
11.1.7 North America Cloud VPN Market Forecasts and Analysis - By Countries
11.1.7.1 United States Cloud VPN Market
11.1.7.1.1 United States Cloud VPN Market by Component
11.1.7.1.2 United States Cloud VPN Market by Connectivity Type
11.1.7.1.3 United States Cloud VPN Market by Organization Size
11.1.7.1.4 United States Cloud VPN Market by Industry Vertical
11.1.7.2 Canada Cloud VPN Market
11.1.7.2.1 Canada Cloud VPN Market by Component
11.1.7.2.2 Canada Cloud VPN Market by Connectivity Type
11.1.7.2.3 Canada Cloud VPN Market by Organization Size
11.1.7.2.4 Canada Cloud VPN Market by Industry Vertical
11.1.7.3 Mexico Cloud VPN Market
11.1.7.3.1 Mexico Cloud VPN Market by Component
11.1.7.3.2 Mexico Cloud VPN Market by Connectivity Type
11.1.7.3.3 Mexico Cloud VPN Market by Organization Size
11.1.7.3.4 Mexico Cloud VPN Market by Industry Vertical
11.2. EUROPE
11.2.1 Europe Cloud VPN Market Overview
11.2.2 Europe Cloud VPN Market Forecasts and Analysis
11.2.3 Europe Cloud VPN Market Forecasts and Analysis - By Component
11.2.4 Europe Cloud VPN Market Forecasts and Analysis - By Connectivity Type
11.2.5 Europe Cloud VPN Market Forecasts and Analysis - By Organization Size
11.2.6 Europe Cloud VPN Market Forecasts and Analysis - By Industry Vertical
11.2.7 Europe Cloud VPN Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Cloud VPN Market
11.2.7.1.1 Germany Cloud VPN Market by Component
11.2.7.1.2 Germany Cloud VPN Market by Connectivity Type
11.2.7.1.3 Germany Cloud VPN Market by Organization Size
11.2.7.1.4 Germany Cloud VPN Market by Industry Vertical
11.2.7.2 France Cloud VPN Market
11.2.7.2.1 France Cloud VPN Market by Component
11.2.7.2.2 France Cloud VPN Market by Connectivity Type
11.2.7.2.3 France Cloud VPN Market by Organization Size
11.2.7.2.4 France Cloud VPN Market by Industry Vertical
11.2.7.3 Italy Cloud VPN Market
11.2.7.3.1 Italy Cloud VPN Market by Component
11.2.7.3.2 Italy Cloud VPN Market by Connectivity Type
11.2.7.3.3 Italy Cloud VPN Market by Organization Size
11.2.7.3.4 Italy Cloud VPN Market by Industry Vertical
11.2.7.4 United Kingdom Cloud VPN Market
11.2.7.4.1 United Kingdom Cloud VPN Market by Component
11.2.7.4.2 United Kingdom Cloud VPN Market by Connectivity Type
11.2.7.4.3 United Kingdom Cloud VPN Market by Organization Size
11.2.7.4.4 United Kingdom Cloud VPN Market by Industry Vertical
11.2.7.5 Russia Cloud VPN Market
11.2.7.5.1 Russia Cloud VPN Market by Component
11.2.7.5.2 Russia Cloud VPN Market by Connectivity Type
11.2.7.5.3 Russia Cloud VPN Market by Organization Size
11.2.7.5.4 Russia Cloud VPN Market by Industry Vertical
11.2.7.6 Rest of Europe Cloud VPN Market
11.2.7.6.1 Rest of Europe Cloud VPN Market by Component
11.2.7.6.2 Rest of Europe Cloud VPN Market by Connectivity Type
11.2.7.6.3 Rest of Europe Cloud VPN Market by Organization Size
11.2.7.6.4 Rest of Europe Cloud VPN Market by Industry Vertical
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Cloud VPN Market Overview
11.3.2 Asia-Pacific Cloud VPN Market Forecasts and Analysis
11.3.3 Asia-Pacific Cloud VPN Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Cloud VPN Market Forecasts and Analysis - By Connectivity Type
11.3.5 Asia-Pacific Cloud VPN Market Forecasts and Analysis - By Organization Size
11.3.6 Asia-Pacific Cloud VPN Market Forecasts and Analysis - By Industry Vertical
11.3.7 Asia-Pacific Cloud VPN Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Cloud VPN Market
11.3.7.1.1 Australia Cloud VPN Market by Component
11.3.7.1.2 Australia Cloud VPN Market by Connectivity Type
11.3.7.1.3 Australia Cloud VPN Market by Organization Size
11.3.7.1.4 Australia Cloud VPN Market by Industry Vertical
11.3.7.2 China Cloud VPN Market
11.3.7.2.1 China Cloud VPN Market by Component
11.3.7.2.2 China Cloud VPN Market by Connectivity Type
11.3.7.2.3 China Cloud VPN Market by Organization Size
11.3.7.2.4 China Cloud VPN Market by Industry Vertical
11.3.7.3 India Cloud VPN Market
11.3.7.3.1 India Cloud VPN Market by Component
11.3.7.3.2 India Cloud VPN Market by Connectivity Type
11.3.7.3.3 India Cloud VPN Market by Organization Size
11.3.7.3.4 India Cloud VPN Market by Industry Vertical
11.3.7.4 Japan Cloud VPN Market
11.3.7.4.1 Japan Cloud VPN Market by Component
11.3.7.4.2 Japan Cloud VPN Market by Connectivity Type
11.3.7.4.3 Japan Cloud VPN Market by Organization Size
11.3.7.4.4 Japan Cloud VPN Market by Industry Vertical
11.3.7.5 South Korea Cloud VPN Market
11.3.7.5.1 South Korea Cloud VPN Market by Component
11.3.7.5.2 South Korea Cloud VPN Market by Connectivity Type
11.3.7.5.3 South Korea Cloud VPN Market by Organization Size
11.3.7.5.4 South Korea Cloud VPN Market by Industry Vertical
11.3.7.6 Rest of Asia-Pacific Cloud VPN Market
11.3.7.6.1 Rest of Asia-Pacific Cloud VPN Market by Component
11.3.7.6.2 Rest of Asia-Pacific Cloud VPN Market by Connectivity Type
11.3.7.6.3 Rest of Asia-Pacific Cloud VPN Market by Organization Size
11.3.7.6.4 Rest of Asia-Pacific Cloud VPN Market by Industry Vertical
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Cloud VPN Market Overview
11.4.2 Middle East and Africa Cloud VPN Market Forecasts and Analysis
11.4.3 Middle East and Africa Cloud VPN Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Cloud VPN Market Forecasts and Analysis - By Connectivity Type
11.4.5 Middle East and Africa Cloud VPN Market Forecasts and Analysis - By Organization Size
11.4.6 Middle East and Africa Cloud VPN Market Forecasts and Analysis - By Industry Vertical
11.4.7 Middle East and Africa Cloud VPN Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Cloud VPN Market
11.4.7.1.1 South Africa Cloud VPN Market by Component
11.4.7.1.2 South Africa Cloud VPN Market by Connectivity Type
11.4.7.1.3 South Africa Cloud VPN Market by Organization Size
11.4.7.1.4 South Africa Cloud VPN Market by Industry Vertical
11.4.7.2 Saudi Arabia Cloud VPN Market
11.4.7.2.1 Saudi Arabia Cloud VPN Market by Component
11.4.7.2.2 Saudi Arabia Cloud VPN Market by Connectivity Type
11.4.7.2.3 Saudi Arabia Cloud VPN Market by Organization Size
11.4.7.2.4 Saudi Arabia Cloud VPN Market by Industry Vertical
11.4.7.3 U.A.E Cloud VPN Market
11.4.7.3.1 U.A.E Cloud VPN Market by Component
11.4.7.3.2 U.A.E Cloud VPN Market by Connectivity Type
11.4.7.3.3 U.A.E Cloud VPN Market by Organization Size
11.4.7.3.4 U.A.E Cloud VPN Market by Industry Vertical
11.4.7.4 Rest of Middle East and Africa Cloud VPN Market
11.4.7.4.1 Rest of Middle East and Africa Cloud VPN Market by Component
11.4.7.4.2 Rest of Middle East and Africa Cloud VPN Market by Connectivity Type
11.4.7.4.3 Rest of Middle East and Africa Cloud VPN Market by Organization Size
11.4.7.4.4 Rest of Middle East and Africa Cloud VPN Market by Industry Vertical
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Cloud VPN Market Overview
11.5.2 South and Central America Cloud VPN Market Forecasts and Analysis
11.5.3 South and Central America Cloud VPN Market Forecasts and Analysis - By Component
11.5.4 South and Central America Cloud VPN Market Forecasts and Analysis - By Connectivity Type
11.5.5 South and Central America Cloud VPN Market Forecasts and Analysis - By Organization Size
11.5.6 South and Central America Cloud VPN Market Forecasts and Analysis - By Industry Vertical
11.5.7 South and Central America Cloud VPN Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Cloud VPN Market
11.5.7.1.1 Brazil Cloud VPN Market by Component
11.5.7.1.2 Brazil Cloud VPN Market by Connectivity Type
11.5.7.1.3 Brazil Cloud VPN Market by Organization Size
11.5.7.1.4 Brazil Cloud VPN Market by Industry Vertical
11.5.7.2 Argentina Cloud VPN Market
11.5.7.2.1 Argentina Cloud VPN Market by Component
11.5.7.2.2 Argentina Cloud VPN Market by Connectivity Type
11.5.7.2.3 Argentina Cloud VPN Market by Organization Size
11.5.7.2.4 Argentina Cloud VPN Market by Industry Vertical
11.5.7.3 Rest of South and Central America Cloud VPN Market
11.5.7.3.1 Rest of South and Central America Cloud VPN Market by Component
11.5.7.3.2 Rest of South and Central America Cloud VPN Market by Connectivity Type
11.5.7.3.3 Rest of South and Central America Cloud VPN Market by Organization Size
11.5.7.3.4 Rest of South and Central America Cloud VPN Market by Industry Vertical
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 VPN MARKET, KEY COMPANY PROFILES
13.1. CISCO SYSTEMS, 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. COHESIVE NETWORKS
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. CONTEMPORARY CONTROL SYSTEMS, INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. GOOGLE
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. HUAWEI TECHNOLOGIES CO., LTD.
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. MICROSOFT
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. NCP ENGINEERING, INC.
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. ORACLE
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. ROBUSTEL
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SINGTEL
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Cisco Systems, Inc.
2. Cohesive Networks
3. Contemporary Control Systems, Inc.
4. Google
5. Huawei Technologies Co., Ltd.
6. Microsoft
7.NCP engineering, Inc.
8. Oracle
9. Robustel
10. Singtel
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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