The Community Cloud Market is expected to register a CAGR of 31.4% 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, Software); Professional Services (Regulation and Compliance, Customer/Public Portal, Training Support, Maintenance Support, Consulting Support, Others); Applications (Cloud Backup and Recovery, Cloud-Based Storage, Cloud Security and Data Privacy, High Performance Computation (HPC) and Analytics, Web-Based Applications); Verticals (Government, BFSI, Healthcare, Transportation and Logistics, Gaming, Academia and 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 Community Cloud 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.
Community Cloud Market Segmentation
Component- Hardware
- Software
- Regulation and Compliance
- Customer/Public Portal
- Training Support
- Maintenance Support
- Consulting Support
- Others
- Cloud Backup and Recovery
- Cloud-Based Storage
- Cloud Security and Data Privacy
- High Performance Computation and Analytics
- Web-Based Applications
- Government
- BFSI
- Healthcare
- Transportation and Logistics
- Gaming
- Academia and Education
- Others
Strategic Insights
Community Cloud Market Growth Drivers- Industry-Specific Needs and Customization: Community clouds are tailor-made to fulfill the specific needs of a particular sector or group, like health care, education, government, or finance. An example is a health care community cloud that adheres to the HIPAA requirement, and a financial services cloud can be constructed to comply with PCI DSS. Such tailor-made support helps an organization optimize their use of cloud for specific sectoral compliance, security, and operation requirements.
- Collaboration and Knowledge Sharing: One of the important advantages of community clouds is their ability to foster collaboration within the same community. This can be done through businesses sharing data, collaborating on projects, and accessing common resources, all while taking advantage of the shared cloud environment. The most valuable collaboration would, however, be in areas like research and development (R&D), healthcare (clinical trials and patient data exchange), or education (resource sharing and curriculum development).
- Hybrid and Multi-Cloud Environments: Today, organizations are increasingly adopting hybrid and multi-cloud strategies, integrating both public, private, and community cloud solutions to meet a diverse set of operational and security requirements. This allows businesses to maintain flexibility while optimizing costs and performance across various cloud environments. Community clouds are becoming an integral part of this trend, providing an industry-specific shared infrastructure while offering a degree of control and customization not available with public clouds, enhancing their appeal in hybrid cloud strategies.
- Greater concentration on data privacy and governance: There is a growing trend of cloud models in the community cloud model which allow for greater governance and more security over sensitive information. Organizations operating within various sectors, such as finance and healthcare, and governments are focused on stronger regulatory compliance on data privacy. Community clouds offer a better model for these organizations, allowing them to maintain industry-specific standards and ensure secure data sharing and storage, thus building trust and compliance within the community.
- Customizable and Industry-Specific Cloud Solutions: As industries become more specialized, the demand for customizable cloud solutions that meet specific business needs is increasing. Community clouds offer customized services, applications, and governance models that address the unique needs of a group of like-minded organizations. This presents opportunities for service providers to offer industry-specific features, such as specialized data analytics, compliance tools, or proprietary software, to meet the unique needs of specific communities, such as financial services or government agencies.
- Supporting IoT and Big Data Enablers: As more entities start adopting IoT and big data technologies, a substantial opportunity exists for community cloud solutions that support the management and analysis of large-scale data. Industries such as smart cities, agriculture, and manufacturing stand to benefit from community clouds, thereby enabling them to share IoT data, perform analytics, and run smart applications in a trusted environment. The ability to manage and share data generated from various IoT devices while maintaining control and security presents a substantial growth opportunity for the community cloud market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Community Cloud 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 Community Cloud 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
This text is related
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
Focus on Sustainability and Environmental Benefits is anticipated to play a significant role in the global Community Cloud market in the coming years
The major factors driving the Community Cloud market are Industry-Specific Needs and Customization and Collaboration and Knowledge Sharing.
The Community Cloud Market is estimated to witness a CAGR of 31.4% from 2023 to 2031
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Community Cloud Market - By Component
1.3.2Community Cloud Market - By Professional Services
1.3.3Community Cloud Market - By Applications
1.3.4Community Cloud Market - By Verticals
1.3.5Community Cloud Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.COMMUNITY CLOUD MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.COMMUNITY CLOUD 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.COMMUNITY CLOUD MARKET - GLOBAL MARKET ANALYSIS
6.1.COMMUNITY CLOUD - GLOBAL MARKET OVERVIEW
6.2.COMMUNITY CLOUD - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.COMMUNITY CLOUD 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.Server Market
7.3.3.1.Overview
7.3.3.2.Server Market Forecast and Analysis
7.3.4.Storage Market
7.3.4.1.Overview
7.3.4.2.Storage Market Forecast and Analysis
7.3.5.Networking Market
7.3.5.1.Overview
7.3.5.2.Networking Market Forecast and Analysis
7.4.SOFTWARE
7.4.1.Overview
7.4.2.Software Market Forecast and Analysis
7.4.3.Enterprise Applications Market
7.4.3.1.Overview
7.4.3.2.Enterprise Applications Market Forecast and Analysis
7.4.4.Collaboration Tools Market
7.4.4.1.Overview
7.4.4.2.Collaboration Tools Market Forecast and Analysis
7.4.5.Business Intelligence Market
7.4.5.1.Overview
7.4.5.2.Business Intelligence Market Forecast and Analysis
7.4.6.Dashboard Market
7.4.6.1.Overview
7.4.6.2.Dashboard Market Forecast and Analysis
8.COMMUNITY CLOUD MARKET - REVENUE AND FORECASTS TO 2028 " PROFESSIONAL SERVICES
8.1.OVERVIEW
8.2.PROFESSIONAL SERVICES MARKET FORECASTS AND ANALYSIS
8.3.REGULATION AND COMPLIANCE
8.3.1.Overview
8.3.2.Regulation and Compliance Market Forecast and Analysis
8.4.CUSTOMER/PUBLIC PORTAL
8.4.1.Overview
8.4.2.Customer/Public Portal Market Forecast and Analysis
8.5.TRAINING SUPPORT
8.5.1.Overview
8.5.2.Training Support Market Forecast and Analysis
8.6.MAINTENANCE SUPPORT
8.6.1.Overview
8.6.2.Maintenance Support Market Forecast and Analysis
8.7.CONSULTING SUPPORT
8.7.1.Overview
8.7.2.Consulting Support Market Forecast and Analysis
8.8.OTHERS
8.8.1.Overview
8.8.2.Others Market Forecast and Analysis
9.COMMUNITY CLOUD MARKET - REVENUE AND FORECASTS TO 2028 " APPLICATIONS
9.1.OVERVIEW
9.2.APPLICATIONS MARKET FORECASTS AND ANALYSIS
9.3.CLOUD BACKUP AND RECOVERY
9.3.1.Overview
9.3.2.Cloud Backup and Recovery Market Forecast and Analysis
9.4.CLOUD-BASED STORAGE
9.4.1.Overview
9.4.2.Cloud-Based Storage Market Forecast and Analysis
9.5.CLOUD SECURITY AND DATA PRIVACY
9.5.1.Overview
9.5.2.Cloud Security and Data Privacy Market Forecast and Analysis
9.6.HIGH PERFORMANCE COMPUTATION (HPC) AND ANALYTICS
9.6.1.Overview
9.6.2.High Performance Computation (HPC) and Analytics Market Forecast and Analysis
9.7.WEB-BASED APPLICATIONS
9.7.1.Overview
9.7.2.Web-Based Applications Market Forecast and Analysis
10.COMMUNITY CLOUD MARKET - REVENUE AND FORECASTS TO 2028 " VERTICALS
10.1.OVERVIEW
10.2.VERTICALS MARKET FORECASTS AND ANALYSIS
10.3.GOVERNMENT
10.3.1.Overview
10.3.2.Government Market Forecast and Analysis
10.4.BFSI
10.4.1.Overview
10.4.2.BFSI Market Forecast and Analysis
10.5.HEALTHCARE
10.5.1.Overview
10.5.2.Healthcare Market Forecast and Analysis
10.6.TRANSPORTATION AND LOGISTICS
10.6.1.Overview
10.6.2.Transportation and Logistics Market Forecast and Analysis
10.7.GAMING
10.7.1.Overview
10.7.2.Gaming Market Forecast and Analysis
10.8.ACADEMIA AND EDUCATION
10.8.1.Overview
10.8.2.Academia and Education Market Forecast and Analysis
10.9.OTHERS
10.9.1.Overview
10.9.2.Others Market Forecast and Analysis
11.COMMUNITY CLOUD MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Community Cloud Market Overview
11.1.2North America Community Cloud Market Forecasts and Analysis
11.1.3North America Community Cloud Market Forecasts and Analysis - By Component
11.1.4North America Community Cloud Market Forecasts and Analysis - By Professional Services
11.1.5North America Community Cloud Market Forecasts and Analysis - By Applications
11.1.6North America Community Cloud Market Forecasts and Analysis - By Verticals
11.1.7North America Community Cloud Market Forecasts and Analysis - By Countries
11.1.7.1United States Community Cloud Market
11.1.7.1.1United States Community Cloud Market by Component
11.1.7.1.2United States Community Cloud Market by Professional Services
11.1.7.1.3United States Community Cloud Market by Applications
11.1.7.1.4United States Community Cloud Market by Verticals
11.1.7.2Canada Community Cloud Market
11.1.7.2.1Canada Community Cloud Market by Component
11.1.7.2.2Canada Community Cloud Market by Professional Services
11.1.7.2.3Canada Community Cloud Market by Applications
11.1.7.2.4Canada Community Cloud Market by Verticals
11.1.7.3Mexico Community Cloud Market
11.1.7.3.1Mexico Community Cloud Market by Component
11.1.7.3.2Mexico Community Cloud Market by Professional Services
11.1.7.3.3Mexico Community Cloud Market by Applications
11.1.7.3.4Mexico Community Cloud Market by Verticals
11.2.EUROPE
11.2.1Europe Community Cloud Market Overview
11.2.2Europe Community Cloud Market Forecasts and Analysis
11.2.3Europe Community Cloud Market Forecasts and Analysis - By Component
11.2.4Europe Community Cloud Market Forecasts and Analysis - By Professional Services
11.2.5Europe Community Cloud Market Forecasts and Analysis - By Applications
11.2.6Europe Community Cloud Market Forecasts and Analysis - By Verticals
11.2.7Europe Community Cloud Market Forecasts and Analysis - By Countries
11.2.7.1Germany Community Cloud Market
11.2.7.1.1Germany Community Cloud Market by Component
11.2.7.1.2Germany Community Cloud Market by Professional Services
11.2.7.1.3Germany Community Cloud Market by Applications
11.2.7.1.4Germany Community Cloud Market by Verticals
11.2.7.2France Community Cloud Market
11.2.7.2.1France Community Cloud Market by Component
11.2.7.2.2France Community Cloud Market by Professional Services
11.2.7.2.3France Community Cloud Market by Applications
11.2.7.2.4France Community Cloud Market by Verticals
11.2.7.3Italy Community Cloud Market
11.2.7.3.1Italy Community Cloud Market by Component
11.2.7.3.2Italy Community Cloud Market by Professional Services
11.2.7.3.3Italy Community Cloud Market by Applications
11.2.7.3.4Italy Community Cloud Market by Verticals
11.2.7.4United Kingdom Community Cloud Market
11.2.7.4.1United Kingdom Community Cloud Market by Component
11.2.7.4.2United Kingdom Community Cloud Market by Professional Services
11.2.7.4.3United Kingdom Community Cloud Market by Applications
11.2.7.4.4United Kingdom Community Cloud Market by Verticals
11.2.7.5Russia Community Cloud Market
11.2.7.5.1Russia Community Cloud Market by Component
11.2.7.5.2Russia Community Cloud Market by Professional Services
11.2.7.5.3Russia Community Cloud Market by Applications
11.2.7.5.4Russia Community Cloud Market by Verticals
11.2.7.6Rest of Europe Community Cloud Market
11.2.7.6.1Rest of Europe Community Cloud Market by Component
11.2.7.6.2Rest of Europe Community Cloud Market by Professional Services
11.2.7.6.3Rest of Europe Community Cloud Market by Applications
11.2.7.6.4Rest of Europe Community Cloud Market by Verticals
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Community Cloud Market Overview
11.3.2Asia-Pacific Community Cloud Market Forecasts and Analysis
11.3.3Asia-Pacific Community Cloud Market Forecasts and Analysis - By Component
11.3.4Asia-Pacific Community Cloud Market Forecasts and Analysis - By Professional Services
11.3.5Asia-Pacific Community Cloud Market Forecasts and Analysis - By Applications
11.3.6Asia-Pacific Community Cloud Market Forecasts and Analysis - By Verticals
11.3.7Asia-Pacific Community Cloud Market Forecasts and Analysis - By Countries
11.3.7.1Australia Community Cloud Market
11.3.7.1.1Australia Community Cloud Market by Component
11.3.7.1.2Australia Community Cloud Market by Professional Services
11.3.7.1.3Australia Community Cloud Market by Applications
11.3.7.1.4Australia Community Cloud Market by Verticals
11.3.7.2China Community Cloud Market
11.3.7.2.1China Community Cloud Market by Component
11.3.7.2.2China Community Cloud Market by Professional Services
11.3.7.2.3China Community Cloud Market by Applications
11.3.7.2.4China Community Cloud Market by Verticals
11.3.7.3India Community Cloud Market
11.3.7.3.1India Community Cloud Market by Component
11.3.7.3.2India Community Cloud Market by Professional Services
11.3.7.3.3India Community Cloud Market by Applications
11.3.7.3.4India Community Cloud Market by Verticals
11.3.7.4Japan Community Cloud Market
11.3.7.4.1Japan Community Cloud Market by Component
11.3.7.4.2Japan Community Cloud Market by Professional Services
11.3.7.4.3Japan Community Cloud Market by Applications
11.3.7.4.4Japan Community Cloud Market by Verticals
11.3.7.5South Korea Community Cloud Market
11.3.7.5.1South Korea Community Cloud Market by Component
11.3.7.5.2South Korea Community Cloud Market by Professional Services
11.3.7.5.3South Korea Community Cloud Market by Applications
11.3.7.5.4South Korea Community Cloud Market by Verticals
11.3.7.6Rest of Asia-Pacific Community Cloud Market
11.3.7.6.1Rest of Asia-Pacific Community Cloud Market by Component
11.3.7.6.2Rest of Asia-Pacific Community Cloud Market by Professional Services
11.3.7.6.3Rest of Asia-Pacific Community Cloud Market by Applications
11.3.7.6.4Rest of Asia-Pacific Community Cloud Market by Verticals
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Community Cloud Market Overview
11.4.2Middle East and Africa Community Cloud Market Forecasts and Analysis
11.4.3Middle East and Africa Community Cloud Market Forecasts and Analysis - By Component
11.4.4Middle East and Africa Community Cloud Market Forecasts and Analysis - By Professional Services
11.4.5Middle East and Africa Community Cloud Market Forecasts and Analysis - By Applications
11.4.6Middle East and Africa Community Cloud Market Forecasts and Analysis - By Verticals
11.4.7Middle East and Africa Community Cloud Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Community Cloud Market
11.4.7.1.1South Africa Community Cloud Market by Component
11.4.7.1.2South Africa Community Cloud Market by Professional Services
11.4.7.1.3South Africa Community Cloud Market by Applications
11.4.7.1.4South Africa Community Cloud Market by Verticals
11.4.7.2Saudi Arabia Community Cloud Market
11.4.7.2.1Saudi Arabia Community Cloud Market by Component
11.4.7.2.2Saudi Arabia Community Cloud Market by Professional Services
11.4.7.2.3Saudi Arabia Community Cloud Market by Applications
11.4.7.2.4Saudi Arabia Community Cloud Market by Verticals
11.4.7.3U.A.E Community Cloud Market
11.4.7.3.1U.A.E Community Cloud Market by Component
11.4.7.3.2U.A.E Community Cloud Market by Professional Services
11.4.7.3.3U.A.E Community Cloud Market by Applications
11.4.7.3.4U.A.E Community Cloud Market by Verticals
11.4.7.4Rest of Middle East and Africa Community Cloud Market
11.4.7.4.1Rest of Middle East and Africa Community Cloud Market by Component
11.4.7.4.2Rest of Middle East and Africa Community Cloud Market by Professional Services
11.4.7.4.3Rest of Middle East and Africa Community Cloud Market by Applications
11.4.7.4.4Rest of Middle East and Africa Community Cloud Market by Verticals
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Community Cloud Market Overview
11.5.2South and Central America Community Cloud Market Forecasts and Analysis
11.5.3South and Central America Community Cloud Market Forecasts and Analysis - By Component
11.5.4South and Central America Community Cloud Market Forecasts and Analysis - By Professional Services
11.5.5South and Central America Community Cloud Market Forecasts and Analysis - By Applications
11.5.6South and Central America Community Cloud Market Forecasts and Analysis - By Verticals
11.5.7South and Central America Community Cloud Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Community Cloud Market
11.5.7.1.1Brazil Community Cloud Market by Component
11.5.7.1.2Brazil Community Cloud Market by Professional Services
11.5.7.1.3Brazil Community Cloud Market by Applications
11.5.7.1.4Brazil Community Cloud Market by Verticals
11.5.7.2Argentina Community Cloud Market
11.5.7.2.1Argentina Community Cloud Market by Component
11.5.7.2.2Argentina Community Cloud Market by Professional Services
11.5.7.2.3Argentina Community Cloud Market by Applications
11.5.7.2.4Argentina Community Cloud Market by Verticals
11.5.7.3Rest of South and Central America Community Cloud Market
11.5.7.3.1Rest of South and Central America Community Cloud Market by Component
11.5.7.3.2Rest of South and Central America Community Cloud Market by Professional Services
11.5.7.3.3Rest of South and Central America Community Cloud Market by Applications
11.5.7.3.4Rest of South and Central America Community Cloud Market by Verticals
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.COMMUNITY CLOUD MARKET, KEY COMPANY PROFILES
13.1.AMADEUS IT GROUP SA
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.AMAZON WEB SERVICES LLC
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.ATOS 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.CISCO SYSTEMS, INC.
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.DELL
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.GOOGLE LLC
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.IBM
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.MICROSOFT
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.SALESFORCE.COM, INC.
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.SWIFT
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. Amadeus IT Group SA
2. Amazon Web Services LLC
3. Atos SE
4. Cisco Systems, Inc.
5. Dell
6. Google LLC
7. IBM
8. Microsoft
9. salesforce.com, inc.
10. SWIFT
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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