Database Storage and Backup Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The database storage and backup software market comprise sales of software by sole traders and partnerships, organizations that produce database storage and backup software, which is a software program used for editing, creating, and maintaining database records and files. This kind of software permits handlers to store data in the form of structured fields, tables, and columns, which can then be recovered directly or through programmable access. An increase in the demand for database storage and backup software is encouraging developers to develop more advanced software that provides better quality solutions, thus growth in the database storage and backup software market.
MARKET DYNAMICS
The rising demand for storage, growing adoption of cloud-based technologies, and security across all enterprises are some of the factors driving the growth of the database storage and backup software market. Protecting of data regarding stakeholders, protection of private data from hackers and other threats are some of the factors restraining the growth of the market. The increase in demand for enhanced database storage and backup software is expected to boost the growth of the database storage and backup software market during the forecast period.
MARKET SCOPE
The "Global Database Storage and Backup Software Market Analysis to 2031" is a specialized and in-depth study of the Database storage and backup software market with a special focus on the global market trend analysis. The report aims to provide an overview of Database storage and backup software market with detailed market segmentation by type, deployment, end-user. The global Database storage and backup software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Database storage and backup software market players and offers key trends and opportunities in the Database storage and backup software market.
MARKET SEGMENTATION
The global Database storage and backup software market is segmented on the basis of type, deployment, end-user. On the basis of type, the market is segmented as storage software, backup software. On the basis of deployment, the market is segmented as cloud, on premise. On the basis of end-user, the market is segmented as banking, telecommunication, consumer goods and retail, media and entertainment, healthcare and life sciences, government.
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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 Database storage and backup software 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 Database storage and backup software 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 Database storage and backup software 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 Database storage and backup software market in these regions.
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- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Database storage and backup software 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 Database storage and backup software 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 Database storage and backup software 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 Database storage and backup software market in these regions.
MARKET PLAYERS
The reports cover key developments in the Database storage and backup 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 expansion of business and customer base of market players. The market players from Database storage and backup software market are anticipated to lucrative growth opportunities in the future with the rising demand for Database storage and backup software market. Below mentioned is the list of few companies engaged in the Database storage and backup software market.
The report also includes the profiles of key Database storage and backup software 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.
- IBM
- Acronis International GmbH
- Dell Inc
- CA Technologies
- Hitachi
- HPE
- Microsoft
- Netapp
- NovaStor
- Oracle
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 Database Storage And Backup Software - By Type
1.3.2 Database Storage And Backup Software - By Deployment
1.3.3 Database Storage And Backup Software - By End User
1.3.4 Database Storage And Backup Software - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DATABASE STORAGE AND BACKUP SOFTWARE 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. DATABASE STORAGE AND BACKUP SOFTWARE - 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. DATABASE STORAGE AND BACKUP SOFTWARE - GLOBAL MARKET ANALYSIS
6.1. DATABASE STORAGE AND BACKUP SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. DATABASE STORAGE AND BACKUP SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DATABASE STORAGE AND BACKUP SOFTWARE - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STORAGE SOFTWARE
7.3.1. Overview
7.3.2. Storage Software Market Forecast and Analysis
7.4. BACKUP SOFTWARE
7.4.1. Overview
7.4.2. Backup Software Market Forecast and Analysis
8. DATABASE STORAGE AND BACKUP SOFTWARE - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
8.1. OVERVIEW
8.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
8.3. CLOUD
8.3.1. Overview
8.3.2. Cloud Market Forecast and Analysis
8.4. ON PREMISE
8.4.1. Overview
8.4.2. On Premise Market Forecast and Analysis
9. DATABASE STORAGE AND BACKUP SOFTWARE - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. BANKING
9.3.1. Overview
9.3.2. Banking Market Forecast and Analysis
9.4. TELECOMMUNICATION
9.4.1. Overview
9.4.2. Telecommunication Market Forecast and Analysis
9.5. CONSUMER GOODS AND RETAIL
9.5.1. Overview
9.5.2. Consumer goods and retail Market Forecast and Analysis
9.6. MEDIA AND ENTERTAINMENT
9.6.1. Overview
9.6.2. Media and entertainment Market Forecast and Analysis
9.7. HEALTHCARE AND LIFE SCIENCES
9.7.1. Overview
9.7.2. Healthcare and life sciences Market Forecast and Analysis
9.8. GOVERNMENT
9.8.1. Overview
9.8.2. Government Market Forecast and Analysis
10. DATABASE STORAGE AND BACKUP SOFTWARE REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Database Storage And Backup Software Overview
10.1.2 North America Database Storage And Backup Software Forecasts and Analysis
10.1.3 North America Database Storage And Backup Software Forecasts and Analysis - By Type
10.1.4 North America Database Storage And Backup Software Forecasts and Analysis - By Deployment
10.1.5 North America Database Storage And Backup Software Forecasts and Analysis - By End User
10.1.6 North America Database Storage And Backup Software Forecasts and Analysis - By Countries
10.1.6.1 Canada Database Storage And Backup Software
10.1.6.1.1 Canada Database Storage And Backup Software by Type
10.1.6.1.2 Canada Database Storage And Backup Software by Deployment
10.1.6.1.3 Canada Database Storage And Backup Software by End User
10.1.6.2 Mexico Database Storage And Backup Software
10.1.6.2.1 Mexico Database Storage And Backup Software by Type
10.1.6.2.2 Mexico Database Storage And Backup Software by Deployment
10.1.6.2.3 Mexico Database Storage And Backup Software by End User
10.1.6.3 US Database Storage And Backup Software
10.1.6.3.1 US Database Storage And Backup Software by Type
10.1.6.3.2 US Database Storage And Backup Software by Deployment
10.1.6.3.3 US Database Storage And Backup Software by End User
10.2. EUROPE
10.2.1 Europe Database Storage And Backup Software Overview
10.2.2 Europe Database Storage And Backup Software Forecasts and Analysis
10.2.3 Europe Database Storage And Backup Software Forecasts and Analysis - By Type
10.2.4 Europe Database Storage And Backup Software Forecasts and Analysis - By Deployment
10.2.5 Europe Database Storage And Backup Software Forecasts and Analysis - By End User
10.2.6 Europe Database Storage And Backup Software Forecasts and Analysis - By Countries
10.2.6.1 Germany Database Storage And Backup Software
10.2.6.1.1 Germany Database Storage And Backup Software by Type
10.2.6.1.2 Germany Database Storage And Backup Software by Deployment
10.2.6.1.3 Germany Database Storage And Backup Software by End User
10.2.6.2 France Database Storage And Backup Software
10.2.6.2.1 France Database Storage And Backup Software by Type
10.2.6.2.2 France Database Storage And Backup Software by Deployment
10.2.6.2.3 France Database Storage And Backup Software by End User
10.2.6.3 Italy Database Storage And Backup Software
10.2.6.3.1 Italy Database Storage And Backup Software by Type
10.2.6.3.2 Italy Database Storage And Backup Software by Deployment
10.2.6.3.3 Italy Database Storage And Backup Software by End User
10.2.6.4 United Kingdom Database Storage And Backup Software
10.2.6.4.1 United Kingdom Database Storage And Backup Software by Type
10.2.6.4.2 United Kingdom Database Storage And Backup Software by Deployment
10.2.6.4.3 United Kingdom Database Storage And Backup Software by End User
10.2.6.5 Russia Database Storage And Backup Software
10.2.6.5.1 Russia Database Storage And Backup Software by Type
10.2.6.5.2 Russia Database Storage And Backup Software by Deployment
10.2.6.5.3 Russia Database Storage And Backup Software by End User
10.2.6.6 Rest of Europe Database Storage And Backup Software
10.2.6.6.1 Rest of Europe Database Storage And Backup Software by Type
10.2.6.6.2 Rest of Europe Database Storage And Backup Software by Deployment
10.2.6.6.3 Rest of Europe Database Storage And Backup Software by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Database Storage And Backup Software Overview
10.3.2 Asia-Pacific Database Storage And Backup Software Forecasts and Analysis
10.3.3 Asia-Pacific Database Storage And Backup Software Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Database Storage And Backup Software Forecasts and Analysis - By Deployment
10.3.5 Asia-Pacific Database Storage And Backup Software Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Database Storage And Backup Software Forecasts and Analysis - By Countries
10.3.6.1 Australia Database Storage And Backup Software
10.3.6.1.1 Australia Database Storage And Backup Software by Type
10.3.6.1.2 Australia Database Storage And Backup Software by Deployment
10.3.6.1.3 Australia Database Storage And Backup Software by End User
10.3.6.2 China Database Storage And Backup Software
10.3.6.2.1 China Database Storage And Backup Software by Type
10.3.6.2.2 China Database Storage And Backup Software by Deployment
10.3.6.2.3 China Database Storage And Backup Software by End User
10.3.6.3 India Database Storage And Backup Software
10.3.6.3.1 India Database Storage And Backup Software by Type
10.3.6.3.2 India Database Storage And Backup Software by Deployment
10.3.6.3.3 India Database Storage And Backup Software by End User
10.3.6.4 Japan Database Storage And Backup Software
10.3.6.4.1 Japan Database Storage And Backup Software by Type
10.3.6.4.2 Japan Database Storage And Backup Software by Deployment
10.3.6.4.3 Japan Database Storage And Backup Software by End User
10.3.6.5 South Korea Database Storage And Backup Software
10.3.6.5.1 South Korea Database Storage And Backup Software by Type
10.3.6.5.2 South Korea Database Storage And Backup Software by Deployment
10.3.6.5.3 South Korea Database Storage And Backup Software by End User
10.3.6.6 Rest of Asia-Pacific Database Storage And Backup Software
10.3.6.6.1 Rest of Asia-Pacific Database Storage And Backup Software by Type
10.3.6.6.2 Rest of Asia-Pacific Database Storage And Backup Software by Deployment
10.3.6.6.3 Rest of Asia-Pacific Database Storage And Backup Software by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Database Storage And Backup Software Overview
10.4.2 Middle East and Africa Database Storage And Backup Software Forecasts and Analysis
10.4.3 Middle East and Africa Database Storage And Backup Software Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Database Storage And Backup Software Forecasts and Analysis - By Deployment
10.4.5 Middle East and Africa Database Storage And Backup Software Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Database Storage And Backup Software Forecasts and Analysis - By Countries
10.4.6.1 South Africa Database Storage And Backup Software
10.4.6.1.1 South Africa Database Storage And Backup Software by Type
10.4.6.1.2 South Africa Database Storage And Backup Software by Deployment
10.4.6.1.3 South Africa Database Storage And Backup Software by End User
10.4.6.2 Saudi Arabia Database Storage And Backup Software
10.4.6.2.1 Saudi Arabia Database Storage And Backup Software by Type
10.4.6.2.2 Saudi Arabia Database Storage And Backup Software by Deployment
10.4.6.2.3 Saudi Arabia Database Storage And Backup Software by End User
10.4.6.3 U.A.E Database Storage And Backup Software
10.4.6.3.1 U.A.E Database Storage And Backup Software by Type
10.4.6.3.2 U.A.E Database Storage And Backup Software by Deployment
10.4.6.3.3 U.A.E Database Storage And Backup Software by End User
10.4.6.4 Rest of Middle East and Africa Database Storage And Backup Software
10.4.6.4.1 Rest of Middle East and Africa Database Storage And Backup Software by Type
10.4.6.4.2 Rest of Middle East and Africa Database Storage And Backup Software by Deployment
10.4.6.4.3 Rest of Middle East and Africa Database Storage And Backup Software by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Database Storage And Backup Software Overview
10.5.2 South and Central America Database Storage And Backup Software Forecasts and Analysis
10.5.3 South and Central America Database Storage And Backup Software Forecasts and Analysis - By Type
10.5.4 South and Central America Database Storage And Backup Software Forecasts and Analysis - By Deployment
10.5.5 South and Central America Database Storage And Backup Software Forecasts and Analysis - By End User
10.5.6 South and Central America Database Storage And Backup Software Forecasts and Analysis - By Countries
10.5.6.1 Brazil Database Storage And Backup Software
10.5.6.1.1 Brazil Database Storage And Backup Software by Type
10.5.6.1.2 Brazil Database Storage And Backup Software by Deployment
10.5.6.1.3 Brazil Database Storage And Backup Software by End User
10.5.6.2 Argentina Database Storage And Backup Software
10.5.6.2.1 Argentina Database Storage And Backup Software by Type
10.5.6.2.2 Argentina Database Storage And Backup Software by Deployment
10.5.6.2.3 Argentina Database Storage And Backup Software by End User
10.5.6.3 Rest of South and Central America Database Storage And Backup Software
10.5.6.3.1 Rest of South and Central America Database Storage And Backup Software by Type
10.5.6.3.2 Rest of South and Central America Database Storage And Backup Software by Deployment
10.5.6.3.3 Rest of South and Central America Database Storage And Backup Software 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. DATABASE STORAGE AND BACKUP SOFTWARE, KEY COMPANY PROFILES
12.1. IBM
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. CA TECHNOLOGIES
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. ORACLE
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. MICROSOFT
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. HPE
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. DELL 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. NETAPP
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. HITACHI
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. NOVASTOR
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. ACRONIS INTERNATIONAL GMBH
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. IBM
2. CA Technologies
3. Oracle
4. Microsoft
5. HPE
6. Dell Inc
7. Netapp
8. Hitachi
9. NovaStor
10. Acronis International GmbH
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.