Digital Talent Acquisition Market Strategies and Share 2031
The digital talent acquisition platform help in the identification of skills needed in an employee by assigning them with related projects. Besides, several platforms are being created for up scaling digital talent skills of employees. A global shift is seen among the companies towards artificial intelligence and machine learning to gain an edge over competitors, due to this there is increasing demand for up gradation of employee skills. Organizations are investing in advance training solutions to provide training in particular technology to the employees. Many organizations are utilizing AI for pre-hiring assessments for talent management solutions.
MARKET DYNAMICS
The digital talent acquisition market is anticipated to grow in the forecast period on account of technological advances and increasing innovations in the field of artificial intelligence and machine learning. However, a lack of awareness regarding the benefits of digital skills in talent acquisition is likely to hamper the growth of the digital talent acquisition market. Further, digitization initiatives in the developing countries by the government are expected to showcase substantial growth opportunities for the digital talent acquisition market in coming future.
MARKET SCOPE
The "Global Digital Talent Acquisition Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of digital talent acquisition market with detailed market segmentation by skill, training type, enterprise size, industry vertical, and geography. The global digital talent acquisition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading digital talent acquisition market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global digital talent acquisition market is segmented on the basis of skill, training type, enterprise size, and industry vertical. Based on skill, the market is segmented as data management, web presentation, AI developers, and cloud computing & security. By training type, the market is segmented into internal and external. On the basis of the enterpise size, the market is segmented as large enterprises and small and medium enterprises (SMEs). Based on industry vertical the market is classified as BFSI, telecom & IT, manufacturing, logistics, services, government & defense, and others.
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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 digital talent acquisition market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The digital talent acquisition 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 digital talent acquisition 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 digital talent acquisition market in these regions.
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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
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global digital talent acquisition market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The digital talent acquisition 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 digital talent acquisition 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 digital talent acquisition market in these regions.
MARKET PLAYERS
The reports cover key developments in the digital talent acquisition 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 the way for the expansion of business and customer base of market players. The market players from digital talent acquisition market are anticipated to lucrative growth opportunities in the future with the rising demand for digital talent acquisition in the global market. Below mentioned is the list of few companies engaged in the digital talent acquisition market.
The report also includes the profiles of key digital talent acquisition 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 the last three years, key developments in the past five years.
- Accenture plc
- BrainStation Inc.
- Cloudera, Inc.
- Databricks, Inc.
- IBM Corporation
- MapR Technologies, Inc.
- Oracle Corporation
- Salesforce.com, inc.
- SAP SE
- The Training Associates Corporation
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
1.3.1Digital Talent Acquisition Market - By Skill
1.3.2Digital Talent Acquisition Market - By Training Type
1.3.3Digital Talent Acquisition Market - By Enterprise Size
1.3.4Digital Talent Acquisition Market - By Industry Vertical
1.3.5Digital Talent Acquisition Market - By Region
1.3.5.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.DIGITAL TALENT ACQUISITION MARKET L and SCAPE
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.DIGITAL TALENT ACQUISITION 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.DIGITAL TALENT ACQUISITION MARKET - GLOBAL MARKET ANALYSIS
6.1.DIGITAL TALENT ACQUISITION - GLOBAL MARKET OVERVIEW
6.2.DIGITAL TALENT ACQUISITION - GLOBAL MARKET and FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DIGITAL TALENT ACQUISITION MARKET - REVENUE and FORECASTS TO 2028 - SKILL
7.1.OVERVIEW
7.2.SKILL MARKET FORECASTS and ANALYSIS
7.3.DATA MANAGEMENT
7.3.1.Overview
7.3.2.Data Management Market Forecast and Analysis
7.4.WEB PRESENTATION
7.4.1.Overview
7.4.2.Web Presentation Market Forecast and Analysis
7.5.AI DEVELOPERS
7.5.1.Overview
7.5.2.AI Developers Market Forecast and Analysis
7.6.CLOUD COMPUTING and SECURITY
7.6.1.Overview
7.6.2.Cloud Computing and Security Market Forecast and Analysis
8.DIGITAL TALENT ACQUISITION MARKET - REVENUE and FORECASTS TO 2028 - TRAINING TYPE
8.1.OVERVIEW
8.2.TRAINING TYPE MARKET FORECASTS and ANALYSIS
8.3.INTERNAL
8.3.1.Overview
8.3.2.Internal Market Forecast and Analysis
8.4.EXTERNAL
8.4.1.Overview
8.4.2.External Market Forecast and Analysis
9.DIGITAL TALENT ACQUISITION MARKET - REVENUE and FORECASTS TO 2028 - ENTERPRISE SIZE
9.1.OVERVIEW
9.2.ENTERPRISE 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.DIGITAL TALENT ACQUISITION MARKET - REVENUE and FORECASTS TO 2028 - INDUSTRY VERTICAL
10.1.OVERVIEW
10.2.INDUSTRY VERTICAL MARKET FORECASTS and ANALYSIS
10.3.BFSI
10.3.1.Overview
10.3.2.BFSI Market Forecast and Analysis
10.4.TELECOM and IT
10.4.1.Overview
10.4.2.Telecom and IT Market Forecast and Analysis
10.5.MANUFACTURING
10.5.1.Overview
10.5.2.Manufacturing Market Forecast and Analysis
10.6.LOGISTICS
10.6.1.Overview
10.6.2.Logistics Market Forecast and Analysis
10.7.SERVICES
10.7.1.Overview
10.7.2.Services Market Forecast and Analysis
10.8.GOVERNMENT and DEFENSE
10.8.1.Overview
10.8.2.Government and Defense Market Forecast and Analysis
10.9.OTHERS
10.9.1.Overview
10.9.2.Others Market Forecast and Analysis
11.DIGITAL TALENT ACQUISITION MARKET REVENUE and FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Digital Talent Acquisition Market Overview
11.1.2North America Digital Talent Acquisition Market Forecasts and Analysis
11.1.3North America Digital Talent Acquisition Market Forecasts and Analysis - By Skill
11.1.4North America Digital Talent Acquisition Market Forecasts and Analysis - By Training Type
11.1.5North America Digital Talent Acquisition Market Forecasts and Analysis - By Enterprise Size
11.1.6North America Digital Talent Acquisition Market Forecasts and Analysis - By Industry Vertical
11.1.7North America Digital Talent Acquisition Market Forecasts and Analysis - By Countries
11.1.7.1United States Digital Talent Acquisition Market
11.1.7.1.1United States Digital Talent Acquisition Market by Skill
11.1.7.1.2United States Digital Talent Acquisition Market by Training Type
11.1.7.1.3United States Digital Talent Acquisition Market by Enterprise Size
11.1.7.1.4United States Digital Talent Acquisition Market by Industry Vertical
11.1.7.2Canada Digital Talent Acquisition Market
11.1.7.2.1Canada Digital Talent Acquisition Market by Skill
11.1.7.2.2Canada Digital Talent Acquisition Market by Training Type
11.1.7.2.3Canada Digital Talent Acquisition Market by Enterprise Size
11.1.7.2.4Canada Digital Talent Acquisition Market by Industry Vertical
11.1.7.3Mexico Digital Talent Acquisition Market
11.1.7.3.1Mexico Digital Talent Acquisition Market by Skill
11.1.7.3.2Mexico Digital Talent Acquisition Market by Training Type
11.1.7.3.3Mexico Digital Talent Acquisition Market by Enterprise Size
11.1.7.3.4Mexico Digital Talent Acquisition Market by Industry Vertical
11.2.EUROPE
11.2.1Europe Digital Talent Acquisition Market Overview
11.2.2Europe Digital Talent Acquisition Market Forecasts and Analysis
11.2.3Europe Digital Talent Acquisition Market Forecasts and Analysis - By Skill
11.2.4Europe Digital Talent Acquisition Market Forecasts and Analysis - By Training Type
11.2.5Europe Digital Talent Acquisition Market Forecasts and Analysis - By Enterprise Size
11.2.6Europe Digital Talent Acquisition Market Forecasts and Analysis - By Industry Vertical
11.2.7Europe Digital Talent Acquisition Market Forecasts and Analysis - By Countries
11.2.7.1Germany Digital Talent Acquisition Market
11.2.7.1.1Germany Digital Talent Acquisition Market by Skill
11.2.7.1.2Germany Digital Talent Acquisition Market by Training Type
11.2.7.1.3Germany Digital Talent Acquisition Market by Enterprise Size
11.2.7.1.4Germany Digital Talent Acquisition Market by Industry Vertical
11.2.7.2France Digital Talent Acquisition Market
11.2.7.2.1France Digital Talent Acquisition Market by Skill
11.2.7.2.2France Digital Talent Acquisition Market by Training Type
11.2.7.2.3France Digital Talent Acquisition Market by Enterprise Size
11.2.7.2.4France Digital Talent Acquisition Market by Industry Vertical
11.2.7.3Italy Digital Talent Acquisition Market
11.2.7.3.1Italy Digital Talent Acquisition Market by Skill
11.2.7.3.2Italy Digital Talent Acquisition Market by Training Type
11.2.7.3.3Italy Digital Talent Acquisition Market by Enterprise Size
11.2.7.3.4Italy Digital Talent Acquisition Market by Industry Vertical
11.2.7.4United Kingdom Digital Talent Acquisition Market
11.2.7.4.1United Kingdom Digital Talent Acquisition Market by Skill
11.2.7.4.2United Kingdom Digital Talent Acquisition Market by Training Type
11.2.7.4.3United Kingdom Digital Talent Acquisition Market by Enterprise Size
11.2.7.4.4United Kingdom Digital Talent Acquisition Market by Industry Vertical
11.2.7.5Russia Digital Talent Acquisition Market
11.2.7.5.1Russia Digital Talent Acquisition Market by Skill
11.2.7.5.2Russia Digital Talent Acquisition Market by Training Type
11.2.7.5.3Russia Digital Talent Acquisition Market by Enterprise Size
11.2.7.5.4Russia Digital Talent Acquisition Market by Industry Vertical
11.2.7.6Rest of Europe Digital Talent Acquisition Market
11.2.7.6.1Rest of Europe Digital Talent Acquisition Market by Skill
11.2.7.6.2Rest of Europe Digital Talent Acquisition Market by Training Type
11.2.7.6.3Rest of Europe Digital Talent Acquisition Market by Enterprise Size
11.2.7.6.4Rest of Europe Digital Talent Acquisition Market by Industry Vertical
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Digital Talent Acquisition Market Overview
11.3.2Asia-Pacific Digital Talent Acquisition Market Forecasts and Analysis
11.3.3Asia-Pacific Digital Talent Acquisition Market Forecasts and Analysis - By Skill
11.3.4Asia-Pacific Digital Talent Acquisition Market Forecasts and Analysis - By Training Type
11.3.5Asia-Pacific Digital Talent Acquisition Market Forecasts and Analysis - By Enterprise Size
11.3.6Asia-Pacific Digital Talent Acquisition Market Forecasts and Analysis - By Industry Vertical
11.3.7Asia-Pacific Digital Talent Acquisition Market Forecasts and Analysis - By Countries
11.3.7.1Australia Digital Talent Acquisition Market
11.3.7.1.1Australia Digital Talent Acquisition Market by Skill
11.3.7.1.2Australia Digital Talent Acquisition Market by Training Type
11.3.7.1.3Australia Digital Talent Acquisition Market by Enterprise Size
11.3.7.1.4Australia Digital Talent Acquisition Market by Industry Vertical
11.3.7.2China Digital Talent Acquisition Market
11.3.7.2.1China Digital Talent Acquisition Market by Skill
11.3.7.2.2China Digital Talent Acquisition Market by Training Type
11.3.7.2.3China Digital Talent Acquisition Market by Enterprise Size
11.3.7.2.4China Digital Talent Acquisition Market by Industry Vertical
11.3.7.3India Digital Talent Acquisition Market
11.3.7.3.1India Digital Talent Acquisition Market by Skill
11.3.7.3.2India Digital Talent Acquisition Market by Training Type
11.3.7.3.3India Digital Talent Acquisition Market by Enterprise Size
11.3.7.3.4India Digital Talent Acquisition Market by Industry Vertical
11.3.7.4Japan Digital Talent Acquisition Market
11.3.7.4.1Japan Digital Talent Acquisition Market by Skill
11.3.7.4.2Japan Digital Talent Acquisition Market by Training Type
11.3.7.4.3Japan Digital Talent Acquisition Market by Enterprise Size
11.3.7.4.4Japan Digital Talent Acquisition Market by Industry Vertical
11.3.7.5South Korea Digital Talent Acquisition Market
11.3.7.5.1South Korea Digital Talent Acquisition Market by Skill
11.3.7.5.2South Korea Digital Talent Acquisition Market by Training Type
11.3.7.5.3South Korea Digital Talent Acquisition Market by Enterprise Size
11.3.7.5.4South Korea Digital Talent Acquisition Market by Industry Vertical
11.3.7.6Rest of Asia-Pacific Digital Talent Acquisition Market
11.3.7.6.1Rest of Asia-Pacific Digital Talent Acquisition Market by Skill
11.3.7.6.2Rest of Asia-Pacific Digital Talent Acquisition Market by Training Type
11.3.7.6.3Rest of Asia-Pacific Digital Talent Acquisition Market by Enterprise Size
11.3.7.6.4Rest of Asia-Pacific Digital Talent Acquisition Market by Industry Vertical
11.4.MIDDLE EAST and AFRICA
11.4.1Middle East and Africa Digital Talent Acquisition Market Overview
11.4.2Middle East and Africa Digital Talent Acquisition Market Forecasts and Analysis
11.4.3Middle East and Africa Digital Talent Acquisition Market Forecasts and Analysis - By Skill
11.4.4Middle East and Africa Digital Talent Acquisition Market Forecasts and Analysis - By Training Type
11.4.5Middle East and Africa Digital Talent Acquisition Market Forecasts and Analysis - By Enterprise Size
11.4.6Middle East and Africa Digital Talent Acquisition Market Forecasts and Analysis - By Industry Vertical
11.4.7Middle East and Africa Digital Talent Acquisition Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Digital Talent Acquisition Market
11.4.7.1.1South Africa Digital Talent Acquisition Market by Skill
11.4.7.1.2South Africa Digital Talent Acquisition Market by Training Type
11.4.7.1.3South Africa Digital Talent Acquisition Market by Enterprise Size
11.4.7.1.4South Africa Digital Talent Acquisition Market by Industry Vertical
11.4.7.2Saudi Arabia Digital Talent Acquisition Market
11.4.7.2.1Saudi Arabia Digital Talent Acquisition Market by Skill
11.4.7.2.2Saudi Arabia Digital Talent Acquisition Market by Training Type
11.4.7.2.3Saudi Arabia Digital Talent Acquisition Market by Enterprise Size
11.4.7.2.4Saudi Arabia Digital Talent Acquisition Market by Industry Vertical
11.4.7.3U.A.E Digital Talent Acquisition Market
11.4.7.3.1U.A.E Digital Talent Acquisition Market by Skill
11.4.7.3.2U.A.E Digital Talent Acquisition Market by Training Type
11.4.7.3.3U.A.E Digital Talent Acquisition Market by Enterprise Size
11.4.7.3.4U.A.E Digital Talent Acquisition Market by Industry Vertical
11.4.7.4Rest of Middle East and Africa Digital Talent Acquisition Market
11.4.7.4.1Rest of Middle East and Africa Digital Talent Acquisition Market by Skill
11.4.7.4.2Rest of Middle East and Africa Digital Talent Acquisition Market by Training Type
11.4.7.4.3Rest of Middle East and Africa Digital Talent Acquisition Market by Enterprise Size
11.4.7.4.4Rest of Middle East and Africa Digital Talent Acquisition Market by Industry Vertical
11.5.SOUTH and CENTRAL AMERICA
11.5.1South and Central America Digital Talent Acquisition Market Overview
11.5.2South and Central America Digital Talent Acquisition Market Forecasts and Analysis
11.5.3South and Central America Digital Talent Acquisition Market Forecasts and Analysis - By Skill
11.5.4South and Central America Digital Talent Acquisition Market Forecasts and Analysis - By Training Type
11.5.5South and Central America Digital Talent Acquisition Market Forecasts and Analysis - By Enterprise Size
11.5.6South and Central America Digital Talent Acquisition Market Forecasts and Analysis - By Industry Vertical
11.5.7South and Central America Digital Talent Acquisition Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Digital Talent Acquisition Market
11.5.7.1.1Brazil Digital Talent Acquisition Market by Skill
11.5.7.1.2Brazil Digital Talent Acquisition Market by Training Type
11.5.7.1.3Brazil Digital Talent Acquisition Market by Enterprise Size
11.5.7.1.4Brazil Digital Talent Acquisition Market by Industry Vertical
11.5.7.2Argentina Digital Talent Acquisition Market
11.5.7.2.1Argentina Digital Talent Acquisition Market by Skill
11.5.7.2.2Argentina Digital Talent Acquisition Market by Training Type
11.5.7.2.3Argentina Digital Talent Acquisition Market by Enterprise Size
11.5.7.2.4Argentina Digital Talent Acquisition Market by Industry Vertical
11.5.7.3Rest of South and Central America Digital Talent Acquisition Market
11.5.7.3.1Rest of South and Central America Digital Talent Acquisition Market by Skill
11.5.7.3.2Rest of South and Central America Digital Talent Acquisition Market by Training Type
11.5.7.3.3Rest of South and Central America Digital Talent Acquisition Market by Enterprise Size
11.5.7.3.4Rest of South and Central America Digital Talent Acquisition Market by Industry Vertical
12.INDUSTRY L and SCAPE
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.DIGITAL TALENT ACQUISITION MARKET, KEY COMPANY PROFILES
13.1.ACCENTURE PLC
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.BRAINSTATION INC.
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.CLOUDERA, INC.
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.DATABRICKS, 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.IBM 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.MAPR TECHNOLOGIES, INC.
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.ORACLE CORPORATION
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.SAP SE
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.THE TRAINING ASSOCIATES CORPORATION
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. Accenture plc2. BrainStation Inc. 3. Cloudera, Inc. 4. Databricks, Inc. 5. IBM Corporation6. MapR Technologies, Inc. 7. Oracle Corporation8. Salesforce. com, inc. 9. SAP SE10. The Training Associates Corporation
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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