Connected Worker Solutions Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Connected Worker provides an array of support for the industrial worker. From supported task execution to over-the-shoulder coaching, the integration of virtual assistants and artificial intelligence allows the system to provide detailed advice on demand. It constantly learns through machine learning algorithms which improves and refines the advice given over time. Enterprises can now closely monitor workforce safety, and support field workers to diagnose and repair faulty equipment in real time. Connected workers perform daily work activities through the use wearable technology, sensors, analytics, asset tracking, and field testing mobile device in industrial and field environment.
MARKET DYNAMICS
The smart worker market is influenced by growing need to achieve higher efficiency, and productivity in manufacturing factories and other companies. Factors such as growing safety concerns, and stringent regulations regarding workforce safety impact the smart worker market growth. Digitalization, automation of tasks, increasing penetration of mobile devices, and growing adoption of BYOD has also fostered the market growth. The increasing need to streamline operations to improve productivity and safety has increased the growth of the market.
MARKET SCOPE
The "Global Connected Worker Solution Market Analysis to 2031" is a specialized and in-depth study of the connected worker solution market with a special focus on the global market trend analysis. The report aims to provide an overview of connected worker solution market with detailed market segmentation by component, organization size, end user. The global connected worker solution market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading connected worker solution market player and offers key trends and opportunities in the connected worker solution market.
MARKET SEGMENTATION
The global connected worker solution market is segmented on the basis of component, organization size, end user. On the basis of component, market is segmented as software, hardware, services. On the basis of organization size, market is segmented as small and medium enterprises, large enterprises. On the basis of end user, market is segmented as manufacturing, construction, mining, oil and gas, 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 connected worker solution 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 connected worker solution 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 connected worker solution 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 connected worker solution 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 connected worker solution 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 connected worker solution 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 connected worker solution 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 connected worker solution market in these regions.
MARKET PLAYERS
The reports cover key developments in the connected worker solution market 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 connected worker solution market are anticipated to lucrative growth opportunities in the future with the rising demand for connected worker solution market. Below mentioned is the list of few companies engaged in the connected worker solution market.
The report also includes the profiles of key connected worker solution 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.
- Accenture
- Honeywell International Inc.
- Fujitsu Ltd.
- Oracle Corp.
- Tata Consultancy Services
- Avnet Inc.
- Zebra Technologies Corp.
- Wearable Technology Limited
- TELUS
- 3M Company
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
1.3.1Connected Worker Solutions Market - By Component
1.3.2Connected Worker Solutions Market - By Organization Size
1.3.3Connected Worker Solutions Market - By End User
1.3.4Connected Worker Solutions Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.CONNECTED WORKER SOLUTIONS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.CONNECTED WORKER SOLUTIONS 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.CONNECTED WORKER SOLUTIONS MARKET - GLOBAL MARKET ANALYSIS
6.1.CONNECTED WORKER SOLUTIONS - GLOBAL MARKET OVERVIEW
6.2.CONNECTED WORKER SOLUTIONS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.CONNECTED WORKER SOLUTIONS MARKET - REVENUE AND FORECASTS TO 2028 â" 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.HARDWARE
7.4.1.Overview
7.4.2.Hardware Market Forecast and Analysis
7.5.SERVICES
7.5.1.Overview
7.5.2.Services Market Forecast and Analysis
8.CONNECTED WORKER SOLUTIONS MARKET - REVENUE AND FORECASTS TO 2028 â" ORGANIZATION SIZE
8.1.OVERVIEW
8.2.ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
8.3.SMALL AND MEDIUM ENTERPRISES
8.3.1.Overview
8.3.2.Small and Medium Enterprises Market Forecast and Analysis
8.4.LARGE ENTERPRISES
8.4.1.Overview
8.4.2.Large Enterprises Market Forecast and Analysis
9.CONNECTED WORKER SOLUTIONS MARKET - REVENUE AND FORECASTS TO 2028 â" END USER
9.1.OVERVIEW
9.2.END USER MARKET FORECASTS AND ANALYSIS
9.3.MANUFACTURING
9.3.1.Overview
9.3.2.Manufacturing Market Forecast and Analysis
9.4.CONSTRUCTION
9.4.1.Overview
9.4.2.Construction Market Forecast and Analysis
9.5.MINING
9.5.1.Overview
9.5.2.Mining Market Forecast and Analysis
9.6.OIL AND GAS
9.6.1.Overview
9.6.2.Oil and Gas Market Forecast and Analysis
9.7.OTHERS
9.7.1.Overview
9.7.2.Others Market Forecast and Analysis
10.CONNECTED WORKER SOLUTIONS MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Connected Worker Solutions Market Overview
10.1.2North America Connected Worker Solutions Market Forecasts and Analysis
10.1.3North America Connected Worker Solutions Market Forecasts and Analysis - By Component
10.1.4North America Connected Worker Solutions Market Forecasts and Analysis - By Organization Size
10.1.5North America Connected Worker Solutions Market Forecasts and Analysis - By End User
10.1.6North America Connected Worker Solutions Market Forecasts and Analysis - By Countries
10.1.6.1United States Connected Worker Solutions Market
10.1.6.1.1United States Connected Worker Solutions Market by Component
10.1.6.1.2United States Connected Worker Solutions Market by Organization Size
10.1.6.1.3United States Connected Worker Solutions Market by End User
10.1.6.2Canada Connected Worker Solutions Market
10.1.6.2.1Canada Connected Worker Solutions Market by Component
10.1.6.2.2Canada Connected Worker Solutions Market by Organization Size
10.1.6.2.3Canada Connected Worker Solutions Market by End User
10.1.6.3Mexico Connected Worker Solutions Market
10.1.6.3.1Mexico Connected Worker Solutions Market by Component
10.1.6.3.2Mexico Connected Worker Solutions Market by Organization Size
10.1.6.3.3Mexico Connected Worker Solutions Market by End User
10.2.EUROPE
10.2.1Europe Connected Worker Solutions Market Overview
10.2.2Europe Connected Worker Solutions Market Forecasts and Analysis
10.2.3Europe Connected Worker Solutions Market Forecasts and Analysis - By Component
10.2.4Europe Connected Worker Solutions Market Forecasts and Analysis - By Organization Size
10.2.5Europe Connected Worker Solutions Market Forecasts and Analysis - By End User
10.2.6Europe Connected Worker Solutions Market Forecasts and Analysis - By Countries
10.2.6.1Germany Connected Worker Solutions Market
10.2.6.1.1Germany Connected Worker Solutions Market by Component
10.2.6.1.2Germany Connected Worker Solutions Market by Organization Size
10.2.6.1.3Germany Connected Worker Solutions Market by End User
10.2.6.2France Connected Worker Solutions Market
10.2.6.2.1France Connected Worker Solutions Market by Component
10.2.6.2.2France Connected Worker Solutions Market by Organization Size
10.2.6.2.3France Connected Worker Solutions Market by End User
10.2.6.3Italy Connected Worker Solutions Market
10.2.6.3.1Italy Connected Worker Solutions Market by Component
10.2.6.3.2Italy Connected Worker Solutions Market by Organization Size
10.2.6.3.3Italy Connected Worker Solutions Market by End User
10.2.6.4United Kingdom Connected Worker Solutions Market
10.2.6.4.1United Kingdom Connected Worker Solutions Market by Component
10.2.6.4.2United Kingdom Connected Worker Solutions Market by Organization Size
10.2.6.4.3United Kingdom Connected Worker Solutions Market by End User
10.2.6.5Russia Connected Worker Solutions Market
10.2.6.5.1Russia Connected Worker Solutions Market by Component
10.2.6.5.2Russia Connected Worker Solutions Market by Organization Size
10.2.6.5.3Russia Connected Worker Solutions Market by End User
10.2.6.6Rest of Europe Connected Worker Solutions Market
10.2.6.6.1Rest of Europe Connected Worker Solutions Market by Component
10.2.6.6.2Rest of Europe Connected Worker Solutions Market by Organization Size
10.2.6.6.3Rest of Europe Connected Worker Solutions Market by End User
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Connected Worker Solutions Market Overview
10.3.2Asia-Pacific Connected Worker Solutions Market Forecasts and Analysis
10.3.3Asia-Pacific Connected Worker Solutions Market Forecasts and Analysis - By Component
10.3.4Asia-Pacific Connected Worker Solutions Market Forecasts and Analysis - By Organization Size
10.3.5Asia-Pacific Connected Worker Solutions Market Forecasts and Analysis - By End User
10.3.6Asia-Pacific Connected Worker Solutions Market Forecasts and Analysis - By Countries
10.3.6.1Australia Connected Worker Solutions Market
10.3.6.1.1Australia Connected Worker Solutions Market by Component
10.3.6.1.2Australia Connected Worker Solutions Market by Organization Size
10.3.6.1.3Australia Connected Worker Solutions Market by End User
10.3.6.2China Connected Worker Solutions Market
10.3.6.2.1China Connected Worker Solutions Market by Component
10.3.6.2.2China Connected Worker Solutions Market by Organization Size
10.3.6.2.3China Connected Worker Solutions Market by End User
10.3.6.3India Connected Worker Solutions Market
10.3.6.3.1India Connected Worker Solutions Market by Component
10.3.6.3.2India Connected Worker Solutions Market by Organization Size
10.3.6.3.3India Connected Worker Solutions Market by End User
10.3.6.4Japan Connected Worker Solutions Market
10.3.6.4.1Japan Connected Worker Solutions Market by Component
10.3.6.4.2Japan Connected Worker Solutions Market by Organization Size
10.3.6.4.3Japan Connected Worker Solutions Market by End User
10.3.6.5South Korea Connected Worker Solutions Market
10.3.6.5.1South Korea Connected Worker Solutions Market by Component
10.3.6.5.2South Korea Connected Worker Solutions Market by Organization Size
10.3.6.5.3South Korea Connected Worker Solutions Market by End User
10.3.6.6Rest of Asia-Pacific Connected Worker Solutions Market
10.3.6.6.1Rest of Asia-Pacific Connected Worker Solutions Market by Component
10.3.6.6.2Rest of Asia-Pacific Connected Worker Solutions Market by Organization Size
10.3.6.6.3Rest of Asia-Pacific Connected Worker Solutions Market by End User
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Connected Worker Solutions Market Overview
10.4.2Middle East and Africa Connected Worker Solutions Market Forecasts and Analysis
10.4.3Middle East and Africa Connected Worker Solutions Market Forecasts and Analysis - By Component
10.4.4Middle East and Africa Connected Worker Solutions Market Forecasts and Analysis - By Organization Size
10.4.5Middle East and Africa Connected Worker Solutions Market Forecasts and Analysis - By End User
10.4.6Middle East and Africa Connected Worker Solutions Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Connected Worker Solutions Market
10.4.6.1.1South Africa Connected Worker Solutions Market by Component
10.4.6.1.2South Africa Connected Worker Solutions Market by Organization Size
10.4.6.1.3South Africa Connected Worker Solutions Market by End User
10.4.6.2Saudi Arabia Connected Worker Solutions Market
10.4.6.2.1Saudi Arabia Connected Worker Solutions Market by Component
10.4.6.2.2Saudi Arabia Connected Worker Solutions Market by Organization Size
10.4.6.2.3Saudi Arabia Connected Worker Solutions Market by End User
10.4.6.3U.A.E Connected Worker Solutions Market
10.4.6.3.1U.A.E Connected Worker Solutions Market by Component
10.4.6.3.2U.A.E Connected Worker Solutions Market by Organization Size
10.4.6.3.3U.A.E Connected Worker Solutions Market by End User
10.4.6.4Rest of Middle East and Africa Connected Worker Solutions Market
10.4.6.4.1Rest of Middle East and Africa Connected Worker Solutions Market by Component
10.4.6.4.2Rest of Middle East and Africa Connected Worker Solutions Market by Organization Size
10.4.6.4.3Rest of Middle East and Africa Connected Worker Solutions Market by End User
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Connected Worker Solutions Market Overview
10.5.2South and Central America Connected Worker Solutions Market Forecasts and Analysis
10.5.3South and Central America Connected Worker Solutions Market Forecasts and Analysis - By Component
10.5.4South and Central America Connected Worker Solutions Market Forecasts and Analysis - By Organization Size
10.5.5South and Central America Connected Worker Solutions Market Forecasts and Analysis - By End User
10.5.6South and Central America Connected Worker Solutions Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Connected Worker Solutions Market
10.5.6.1.1Brazil Connected Worker Solutions Market by Component
10.5.6.1.2Brazil Connected Worker Solutions Market by Organization Size
10.5.6.1.3Brazil Connected Worker Solutions Market by End User
10.5.6.2Argentina Connected Worker Solutions Market
10.5.6.2.1Argentina Connected Worker Solutions Market by Component
10.5.6.2.2Argentina Connected Worker Solutions Market by Organization Size
10.5.6.2.3Argentina Connected Worker Solutions Market by End User
10.5.6.3Rest of South and Central America Connected Worker Solutions Market
10.5.6.3.1Rest of South and Central America Connected Worker Solutions Market by Component
10.5.6.3.2Rest of South and Central America Connected Worker Solutions Market by Organization Size
10.5.6.3.3Rest of South and Central America Connected Worker Solutions Market by End User
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.CONNECTED WORKER SOLUTIONS MARKET, KEY COMPANY PROFILES
12.1.ACCENTURE
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.HONEYWELL INTERNATIONAL 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.FUJITSU LTD.
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.ORACLE CORP.
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.TATA CONSULTANCY SERVICES
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.AVNET INC.
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.ZEBRA TECHNOLOGIES CORP.
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.WEARABLE TECHNOLOGY LIMITED
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.TELUS
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
12.10.3M COMPANY,
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. Accenture
2. Honeywell International Inc.
3. Fujitsu Ltd.
4. Oracle Corp.
5. Tata Consultancy Services
6. Avnet Inc.
7. Zebra Technologies Corp.
8. Wearable Technology Limited
9. TELUS
10. 3M Company,
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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