Data Analytics Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Data analytics is a technique of analyzing raw data to make interpretation about the information. These tools enable the data insights ranging from business intelligence & predictive analytics to structured & unstructured data.
MARKET DYNAMICS
Rising volume of data in industries especially banking and retail; and demand for using analytics is driving the growth of data analytics software market. In addition to this, advent of mobile and social business intelligence, the demand for data analytics software is anticipated to provide ample of growth opportunities to the players operating in the data analytics software market.
MARKET SCOPE
The "Global Data Analytics Software Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the data analytics software market with detailed market segmentation - component, organization size, industry, application, and geography. The global data analytics software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data analytics software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global data analytics software market is segmented on the basis of component, organization size, industry, and application. Based on component, the data analytics software market is segmented into software, services. Based on organization size, the data analytics software market is segmented into SMEs, large enterprises. On the basis of application, the data analytics software market is segmented into customer analytics, supply chain analytics, marketing analytics, pricing analytics, risk and credit analytics, others. On the basis of industry, the data analytics software market is segmented into IT and telecom, retail, BFSI, manufacturing, healthcare, government, education, others.
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 data analytics software market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data analytics software 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 data analytics software 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 & Central America after evaluating political, economic, social and technological factors affecting the data analytics software in these regions.
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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 data analytics software market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data analytics software 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 data analytics software 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 & Central America after evaluating political, economic, social and technological factors affecting the data analytics software in these regions.
MARKET PLAYERS
The reports cover key developments in the data analytics software 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 payers from data analytics software market are anticipated to lucrative growth opportunities in the future with the rising demand for data analytics software in the global market. Below mentioned is the list of few companies engaged in the data analytics software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the data analytics software 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.
- Adobe Inc
- Fair Isaac Corporation
- Google LLC
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Salesforce.com, Inc.
- SAS Institute Inc.
- Qlik
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 Data Analytics Software Market - By Component
1.3.2 Data Analytics Software Market - By Application
1.3.3 Data Analytics Software Market - By Organization Size
1.3.4 Data Analytics Software Market - By Industry
1.3.5 Data Analytics Software Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DATA ANALYTICS SOFTWARE 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. DATA ANALYTICS SOFTWARE 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. DATA ANALYTICS SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. DATA ANALYTICS SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. DATA ANALYTICS SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DATA ANALYTICS SOFTWARE 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. SERVICE
7.4.1. Overview
7.4.2. Service Market Forecast and Analysis
8. DATA ANALYTICS SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CUSTOMER ANALYTICS
8.3.1. Overview
8.3.2. Customer Analytics Market Forecast and Analysis
8.4. SUPPLY CHAIN ANALYTICS
8.4.1. Overview
8.4.2. Supply Chain Analytics Market Forecast and Analysis
8.5. MARKETING ANALYTICS
8.5.1. Overview
8.5.2. Marketing Analytics Market Forecast and Analysis
8.6. PRICING ANALYTICS
8.6.1. Overview
8.6.2. Pricing Analytics Market Forecast and Analysis
8.7. RISK AND CREDIT ANALYTICS
8.7.1. Overview
8.7.2. Risk and Credit Analytics Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. DATA ANALYTICS SOFTWARE 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. DATA ANALYTICS SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
10.1. OVERVIEW
10.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
10.3. IT AND TELECOM
10.3.1. Overview
10.3.2. IT and Telecom Market Forecast and Analysis
10.4. RETAIL
10.4.1. Overview
10.4.2. Retail Market Forecast and Analysis
10.5. BFSI
10.5.1. Overview
10.5.2. BFSI Market Forecast and Analysis
10.6. MANUFACTURING
10.6.1. Overview
10.6.2. Manufacturing Market Forecast and Analysis
10.7. HEALTHCARE
10.7.1. Overview
10.7.2. Healthcare Market Forecast and Analysis
10.8. GOVERNMENT
10.8.1. Overview
10.8.2. Government Market Forecast and Analysis
10.9. EDUCATION
10.9.1. Overview
10.9.2. Education Market Forecast and Analysis
10.10. OTHERS
10.10.1. Overview
10.10.2. Others Market Forecast and Analysis
11. DATA ANALYTICS SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Data Analytics Software Market Overview
11.1.2 North America Data Analytics Software Market Forecasts and Analysis
11.1.3 North America Data Analytics Software Market Forecasts and Analysis - By Component
11.1.4 North America Data Analytics Software Market Forecasts and Analysis - By Application
11.1.5 North America Data Analytics Software Market Forecasts and Analysis - By Organization Size
11.1.6 North America Data Analytics Software Market Forecasts and Analysis - By Industry
11.1.7 North America Data Analytics Software Market Forecasts and Analysis - By Countries
11.1.7.1 United States Data Analytics Software Market
11.1.7.1.1 United States Data Analytics Software Market by Component
11.1.7.1.2 United States Data Analytics Software Market by Application
11.1.7.1.3 United States Data Analytics Software Market by Organization Size
11.1.7.1.4 United States Data Analytics Software Market by Industry
11.1.7.2 Canada Data Analytics Software Market
11.1.7.2.1 Canada Data Analytics Software Market by Component
11.1.7.2.2 Canada Data Analytics Software Market by Application
11.1.7.2.3 Canada Data Analytics Software Market by Organization Size
11.1.7.2.4 Canada Data Analytics Software Market by Industry
11.1.7.3 Mexico Data Analytics Software Market
11.1.7.3.1 Mexico Data Analytics Software Market by Component
11.1.7.3.2 Mexico Data Analytics Software Market by Application
11.1.7.3.3 Mexico Data Analytics Software Market by Organization Size
11.1.7.3.4 Mexico Data Analytics Software Market by Industry
11.2. EUROPE
11.2.1 Europe Data Analytics Software Market Overview
11.2.2 Europe Data Analytics Software Market Forecasts and Analysis
11.2.3 Europe Data Analytics Software Market Forecasts and Analysis - By Component
11.2.4 Europe Data Analytics Software Market Forecasts and Analysis - By Application
11.2.5 Europe Data Analytics Software Market Forecasts and Analysis - By Organization Size
11.2.6 Europe Data Analytics Software Market Forecasts and Analysis - By Industry
11.2.7 Europe Data Analytics Software Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Data Analytics Software Market
11.2.7.1.1 Germany Data Analytics Software Market by Component
11.2.7.1.2 Germany Data Analytics Software Market by Application
11.2.7.1.3 Germany Data Analytics Software Market by Organization Size
11.2.7.1.4 Germany Data Analytics Software Market by Industry
11.2.7.2 France Data Analytics Software Market
11.2.7.2.1 France Data Analytics Software Market by Component
11.2.7.2.2 France Data Analytics Software Market by Application
11.2.7.2.3 France Data Analytics Software Market by Organization Size
11.2.7.2.4 France Data Analytics Software Market by Industry
11.2.7.3 Italy Data Analytics Software Market
11.2.7.3.1 Italy Data Analytics Software Market by Component
11.2.7.3.2 Italy Data Analytics Software Market by Application
11.2.7.3.3 Italy Data Analytics Software Market by Organization Size
11.2.7.3.4 Italy Data Analytics Software Market by Industry
11.2.7.4 United Kingdom Data Analytics Software Market
11.2.7.4.1 United Kingdom Data Analytics Software Market by Component
11.2.7.4.2 United Kingdom Data Analytics Software Market by Application
11.2.7.4.3 United Kingdom Data Analytics Software Market by Organization Size
11.2.7.4.4 United Kingdom Data Analytics Software Market by Industry
11.2.7.5 Russia Data Analytics Software Market
11.2.7.5.1 Russia Data Analytics Software Market by Component
11.2.7.5.2 Russia Data Analytics Software Market by Application
11.2.7.5.3 Russia Data Analytics Software Market by Organization Size
11.2.7.5.4 Russia Data Analytics Software Market by Industry
11.2.7.6 Rest of Europe Data Analytics Software Market
11.2.7.6.1 Rest of Europe Data Analytics Software Market by Component
11.2.7.6.2 Rest of Europe Data Analytics Software Market by Application
11.2.7.6.3 Rest of Europe Data Analytics Software Market by Organization Size
11.2.7.6.4 Rest of Europe Data Analytics Software Market by Industry
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Data Analytics Software Market Overview
11.3.2 Asia-Pacific Data Analytics Software Market Forecasts and Analysis
11.3.3 Asia-Pacific Data Analytics Software Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Data Analytics Software Market Forecasts and Analysis - By Application
11.3.5 Asia-Pacific Data Analytics Software Market Forecasts and Analysis - By Organization Size
11.3.6 Asia-Pacific Data Analytics Software Market Forecasts and Analysis - By Industry
11.3.7 Asia-Pacific Data Analytics Software Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Data Analytics Software Market
11.3.7.1.1 Australia Data Analytics Software Market by Component
11.3.7.1.2 Australia Data Analytics Software Market by Application
11.3.7.1.3 Australia Data Analytics Software Market by Organization Size
11.3.7.1.4 Australia Data Analytics Software Market by Industry
11.3.7.2 China Data Analytics Software Market
11.3.7.2.1 China Data Analytics Software Market by Component
11.3.7.2.2 China Data Analytics Software Market by Application
11.3.7.2.3 China Data Analytics Software Market by Organization Size
11.3.7.2.4 China Data Analytics Software Market by Industry
11.3.7.3 India Data Analytics Software Market
11.3.7.3.1 India Data Analytics Software Market by Component
11.3.7.3.2 India Data Analytics Software Market by Application
11.3.7.3.3 India Data Analytics Software Market by Organization Size
11.3.7.3.4 India Data Analytics Software Market by Industry
11.3.7.4 Japan Data Analytics Software Market
11.3.7.4.1 Japan Data Analytics Software Market by Component
11.3.7.4.2 Japan Data Analytics Software Market by Application
11.3.7.4.3 Japan Data Analytics Software Market by Organization Size
11.3.7.4.4 Japan Data Analytics Software Market by Industry
11.3.7.5 South Korea Data Analytics Software Market
11.3.7.5.1 South Korea Data Analytics Software Market by Component
11.3.7.5.2 South Korea Data Analytics Software Market by Application
11.3.7.5.3 South Korea Data Analytics Software Market by Organization Size
11.3.7.5.4 South Korea Data Analytics Software Market by Industry
11.3.7.6 Rest of Asia-Pacific Data Analytics Software Market
11.3.7.6.1 Rest of Asia-Pacific Data Analytics Software Market by Component
11.3.7.6.2 Rest of Asia-Pacific Data Analytics Software Market by Application
11.3.7.6.3 Rest of Asia-Pacific Data Analytics Software Market by Organization Size
11.3.7.6.4 Rest of Asia-Pacific Data Analytics Software Market by Industry
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Data Analytics Software Market Overview
11.4.2 Middle East and Africa Data Analytics Software Market Forecasts and Analysis
11.4.3 Middle East and Africa Data Analytics Software Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Data Analytics Software Market Forecasts and Analysis - By Application
11.4.5 Middle East and Africa Data Analytics Software Market Forecasts and Analysis - By Organization Size
11.4.6 Middle East and Africa Data Analytics Software Market Forecasts and Analysis - By Industry
11.4.7 Middle East and Africa Data Analytics Software Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Data Analytics Software Market
11.4.7.1.1 South Africa Data Analytics Software Market by Component
11.4.7.1.2 South Africa Data Analytics Software Market by Application
11.4.7.1.3 South Africa Data Analytics Software Market by Organization Size
11.4.7.1.4 South Africa Data Analytics Software Market by Industry
11.4.7.2 Saudi Arabia Data Analytics Software Market
11.4.7.2.1 Saudi Arabia Data Analytics Software Market by Component
11.4.7.2.2 Saudi Arabia Data Analytics Software Market by Application
11.4.7.2.3 Saudi Arabia Data Analytics Software Market by Organization Size
11.4.7.2.4 Saudi Arabia Data Analytics Software Market by Industry
11.4.7.3 U.A.E Data Analytics Software Market
11.4.7.3.1 U.A.E Data Analytics Software Market by Component
11.4.7.3.2 U.A.E Data Analytics Software Market by Application
11.4.7.3.3 U.A.E Data Analytics Software Market by Organization Size
11.4.7.3.4 U.A.E Data Analytics Software Market by Industry
11.4.7.4 Rest of Middle East and Africa Data Analytics Software Market
11.4.7.4.1 Rest of Middle East and Africa Data Analytics Software Market by Component
11.4.7.4.2 Rest of Middle East and Africa Data Analytics Software Market by Application
11.4.7.4.3 Rest of Middle East and Africa Data Analytics Software Market by Organization Size
11.4.7.4.4 Rest of Middle East and Africa Data Analytics Software Market by Industry
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Data Analytics Software Market Overview
11.5.2 South and Central America Data Analytics Software Market Forecasts and Analysis
11.5.3 South and Central America Data Analytics Software Market Forecasts and Analysis - By Component
11.5.4 South and Central America Data Analytics Software Market Forecasts and Analysis - By Application
11.5.5 South and Central America Data Analytics Software Market Forecasts and Analysis - By Organization Size
11.5.6 South and Central America Data Analytics Software Market Forecasts and Analysis - By Industry
11.5.7 South and Central America Data Analytics Software Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Data Analytics Software Market
11.5.7.1.1 Brazil Data Analytics Software Market by Component
11.5.7.1.2 Brazil Data Analytics Software Market by Application
11.5.7.1.3 Brazil Data Analytics Software Market by Organization Size
11.5.7.1.4 Brazil Data Analytics Software Market by Industry
11.5.7.2 Argentina Data Analytics Software Market
11.5.7.2.1 Argentina Data Analytics Software Market by Component
11.5.7.2.2 Argentina Data Analytics Software Market by Application
11.5.7.2.3 Argentina Data Analytics Software Market by Organization Size
11.5.7.2.4 Argentina Data Analytics Software Market by Industry
11.5.7.3 Rest of South and Central America Data Analytics Software Market
11.5.7.3.1 Rest of South and Central America Data Analytics Software Market by Component
11.5.7.3.2 Rest of South and Central America Data Analytics Software Market by Application
11.5.7.3.3 Rest of South and Central America Data Analytics Software Market by Organization Size
11.5.7.3.4 Rest of South and Central America Data Analytics Software Market by Industry
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. DATA ANALYTICS SOFTWARE MARKET, KEY COMPANY PROFILES
13.1. ADOBE 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. FAIR ISAAC CORPORATION
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. GOOGLE LLC
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. IBM CORPORATION
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. MICROSOFT CORPORATION
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. ORACLE CORPORATION
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. SAP SE
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. SALESFORCE.COM, INC.
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. SAS INSTITUTE 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. QLIK
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. Adobe Inc
2. Fair Isaac Corporation
3. Google LLC
4. IBM Corporation
5. Microsoft Corporation
6. Oracle Corporation
7. SAP SE
8. Salesforce.com, Inc.
9. SAS Institute Inc.
10. Qlik
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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