Disaster Recovery Solution Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Increasing applications of cloud computing and growing awareness about the benefits offered by disaster recovery (DR) solutions are propelling the market. DR solutions offer benefits such as reduced costs, greater flexibility, reliability, faster recovery, and scalability of customers. With increasing awareness about the advantages of DR solutions and the growing adoption of cloud-based solutions, small and medium enterprises are expected to increasingly implement DR plans in their business continuity strategies.
MARKET DYNAMICS
Rising investments in disruptive cloud technologies and an increase in instances of natural and manmade disasters are expected to drive the market over the forecast period. Cyberattacks such as WannaCry and Locky ransomware that occurred in the past few years have negatively influenced businesses across various sectors and most businesses were unable to recover from losses incurred during the disruption of business operations. Thus, demand for DR has increased significantly, especially among small and medium enterprises (SMEs).
MARKET SCOPE
The "Global Disaster Recovery Solution Market Analysis to 2031" is a specialized and in-depth study of the disaster recovery solution market with a special focus on the global market trend analysis. The report aims to provide an overview of disaster recovery solution market with detailed market segmentation by type, deployment, enterprise size. The global disaster recovery solution market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading disaster recovery solution market player and offers key trends and opportunities in the disaster recovery solution market.
MARKET SEGMENTATION
The global disaster recovery solution market is segmented on the basis of type, deployment, enterprise size. On the basis of type, market is segmented as backup and recovery, data security, replication, professional service. On the basis of deployment, market is segmented as hybrid cloud, public cloud, private cloud. On the basis of enterprise size, market is segmented as large enterprise, small and medium enterprise. On the basis of end user, market is segmented as BFSI, government and public sector, healthcare, IT and telecommunication, manufacturing, retail, 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 disaster recovery 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 disaster recovery 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 disaster recovery 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 disaster recovery solution 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.
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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 disaster recovery 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 disaster recovery 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 disaster recovery 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 disaster recovery solution market in these regions.
MARKET PLAYERS
The reports cover key developments in the disaster recovery 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 disaster recovery solution market are anticipated to lucrative growth opportunities in the future with the rising demand for disaster recovery solution market. Below mentioned is the list of few companies engaged in the disaster recovery solution market.
The report also includes the profiles of key disaster recovery 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.
- IBM Corporation
- Unitrends
- Sungard Availability Services
- iland Internet Solutions
- Microsoft Corporation
- Commvault
- Quest Software Inc
- Cohesity, Inc
- DP Solutions
- Arcserve
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
1.3.1Disaster Recovery Solution Market - By Type
1.3.2Disaster Recovery Solution Market - By Deployment
1.3.3Disaster Recovery Solution Market - By Enterprise Size
1.3.4Disaster Recovery Solution Market - By End User
1.3.5Disaster Recovery Solution Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.DISASTER RECOVERY SOLUTION MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.DISASTER RECOVERY SOLUTION 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.DISASTER RECOVERY SOLUTION MARKET - GLOBAL MARKET ANALYSIS
6.1.DISASTER RECOVERY SOLUTION - GLOBAL MARKET OVERVIEW
6.2.DISASTER RECOVERY SOLUTION - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DISASTER RECOVERY SOLUTION MARKET - REVENUE AND FORECASTS TO 2028 " TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.BACKUP AND RECOVERY
7.3.1.Overview
7.3.2.Backup and Recovery Market Forecast and Analysis
7.4.DATA SECURITY
7.4.1.Overview
7.4.2.Data Security Market Forecast and Analysis
7.5.REPLICATION
7.5.1.Overview
7.5.2.Replication Market Forecast and Analysis
7.6.PROFESSIONAL SERVICE
7.6.1.Overview
7.6.2.Professional Service Market Forecast and Analysis
8.DISASTER RECOVERY SOLUTION MARKET - REVENUE AND FORECASTS TO 2028 " DEPLOYMENT
8.1.OVERVIEW
8.2.DEPLOYMENT MARKET FORECASTS AND ANALYSIS
8.3.HYBRID CLOUD
8.3.1.Overview
8.3.2.Hybrid Cloud Market Forecast and Analysis
8.4.PUBLIC CLOUD
8.4.1.Overview
8.4.2.Public Cloud Market Forecast and Analysis
8.5.PRIVATE CLOUD
8.5.1.Overview
8.5.2.Private Cloud Market Forecast and Analysis
9.DISASTER RECOVERY SOLUTION MARKET - REVENUE AND FORECASTS TO 2028 " ENTERPRISE SIZE
9.1.OVERVIEW
9.2.ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3.LARGE ENTERPRISE
9.3.1.Overview
9.3.2.Large Enterprise Market Forecast and Analysis
9.4.SMALL AND MEDIUM ENTERPRISE
9.4.1.Overview
9.4.2.Small and Medium Enterprise Market Forecast and Analysis
10.DISASTER RECOVERY SOLUTION MARKET - REVENUE AND FORECASTS TO 2028 " END USER
10.1.OVERVIEW
10.2.END USER MARKET FORECASTS AND ANALYSIS
10.3.BFSI
10.3.1.Overview
10.3.2.BFSI Market Forecast and Analysis
10.4.GOVERNMENT AND PUBLIC SECTOR
10.4.1.Overview
10.4.2.Government and Public Sector Market Forecast and Analysis
10.5.HEALTHCARE
10.5.1.Overview
10.5.2.Healthcare Market Forecast and Analysis
10.6.IT AND TELECOMMUNICATION
10.6.1.Overview
10.6.2.IT and Telecommunication Market Forecast and Analysis
10.7.MANUFACTURING
10.7.1.Overview
10.7.2.Manufacturing Market Forecast and Analysis
10.8.RETAIL
10.8.1.Overview
10.8.2.Retail Market Forecast and Analysis
10.9.OTHERS
10.9.1.Overview
10.9.2.Others Market Forecast and Analysis
11.DISASTER RECOVERY SOLUTION MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Disaster Recovery Solution Market Overview
11.1.2North America Disaster Recovery Solution Market Forecasts and Analysis
11.1.3North America Disaster Recovery Solution Market Forecasts and Analysis - By Type
11.1.4North America Disaster Recovery Solution Market Forecasts and Analysis - By Deployment
11.1.5North America Disaster Recovery Solution Market Forecasts and Analysis - By Enterprise Size
11.1.6North America Disaster Recovery Solution Market Forecasts and Analysis - By End User
11.1.7North America Disaster Recovery Solution Market Forecasts and Analysis - By Countries
11.1.7.1United States Disaster Recovery Solution Market
11.1.7.1.1United States Disaster Recovery Solution Market by Type
11.1.7.1.2United States Disaster Recovery Solution Market by Deployment
11.1.7.1.3United States Disaster Recovery Solution Market by Enterprise Size
11.1.7.1.4United States Disaster Recovery Solution Market by End User
11.1.7.2Canada Disaster Recovery Solution Market
11.1.7.2.1Canada Disaster Recovery Solution Market by Type
11.1.7.2.2Canada Disaster Recovery Solution Market by Deployment
11.1.7.2.3Canada Disaster Recovery Solution Market by Enterprise Size
11.1.7.2.4Canada Disaster Recovery Solution Market by End User
11.1.7.3Mexico Disaster Recovery Solution Market
11.1.7.3.1Mexico Disaster Recovery Solution Market by Type
11.1.7.3.2Mexico Disaster Recovery Solution Market by Deployment
11.1.7.3.3Mexico Disaster Recovery Solution Market by Enterprise Size
11.1.7.3.4Mexico Disaster Recovery Solution Market by End User
11.2.EUROPE
11.2.1Europe Disaster Recovery Solution Market Overview
11.2.2Europe Disaster Recovery Solution Market Forecasts and Analysis
11.2.3Europe Disaster Recovery Solution Market Forecasts and Analysis - By Type
11.2.4Europe Disaster Recovery Solution Market Forecasts and Analysis - By Deployment
11.2.5Europe Disaster Recovery Solution Market Forecasts and Analysis - By Enterprise Size
11.2.6Europe Disaster Recovery Solution Market Forecasts and Analysis - By End User
11.2.7Europe Disaster Recovery Solution Market Forecasts and Analysis - By Countries
11.2.7.1Germany Disaster Recovery Solution Market
11.2.7.1.1Germany Disaster Recovery Solution Market by Type
11.2.7.1.2Germany Disaster Recovery Solution Market by Deployment
11.2.7.1.3Germany Disaster Recovery Solution Market by Enterprise Size
11.2.7.1.4Germany Disaster Recovery Solution Market by End User
11.2.7.2France Disaster Recovery Solution Market
11.2.7.2.1France Disaster Recovery Solution Market by Type
11.2.7.2.2France Disaster Recovery Solution Market by Deployment
11.2.7.2.3France Disaster Recovery Solution Market by Enterprise Size
11.2.7.2.4France Disaster Recovery Solution Market by End User
11.2.7.3Italy Disaster Recovery Solution Market
11.2.7.3.1Italy Disaster Recovery Solution Market by Type
11.2.7.3.2Italy Disaster Recovery Solution Market by Deployment
11.2.7.3.3Italy Disaster Recovery Solution Market by Enterprise Size
11.2.7.3.4Italy Disaster Recovery Solution Market by End User
11.2.7.4United Kingdom Disaster Recovery Solution Market
11.2.7.4.1United Kingdom Disaster Recovery Solution Market by Type
11.2.7.4.2United Kingdom Disaster Recovery Solution Market by Deployment
11.2.7.4.3United Kingdom Disaster Recovery Solution Market by Enterprise Size
11.2.7.4.4United Kingdom Disaster Recovery Solution Market by End User
11.2.7.5Russia Disaster Recovery Solution Market
11.2.7.5.1Russia Disaster Recovery Solution Market by Type
11.2.7.5.2Russia Disaster Recovery Solution Market by Deployment
11.2.7.5.3Russia Disaster Recovery Solution Market by Enterprise Size
11.2.7.5.4Russia Disaster Recovery Solution Market by End User
11.2.7.6Rest of Europe Disaster Recovery Solution Market
11.2.7.6.1Rest of Europe Disaster Recovery Solution Market by Type
11.2.7.6.2Rest of Europe Disaster Recovery Solution Market by Deployment
11.2.7.6.3Rest of Europe Disaster Recovery Solution Market by Enterprise Size
11.2.7.6.4Rest of Europe Disaster Recovery Solution Market by End User
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Disaster Recovery Solution Market Overview
11.3.2Asia-Pacific Disaster Recovery Solution Market Forecasts and Analysis
11.3.3Asia-Pacific Disaster Recovery Solution Market Forecasts and Analysis - By Type
11.3.4Asia-Pacific Disaster Recovery Solution Market Forecasts and Analysis - By Deployment
11.3.5Asia-Pacific Disaster Recovery Solution Market Forecasts and Analysis - By Enterprise Size
11.3.6Asia-Pacific Disaster Recovery Solution Market Forecasts and Analysis - By End User
11.3.7Asia-Pacific Disaster Recovery Solution Market Forecasts and Analysis - By Countries
11.3.7.1Australia Disaster Recovery Solution Market
11.3.7.1.1Australia Disaster Recovery Solution Market by Type
11.3.7.1.2Australia Disaster Recovery Solution Market by Deployment
11.3.7.1.3Australia Disaster Recovery Solution Market by Enterprise Size
11.3.7.1.4Australia Disaster Recovery Solution Market by End User
11.3.7.2China Disaster Recovery Solution Market
11.3.7.2.1China Disaster Recovery Solution Market by Type
11.3.7.2.2China Disaster Recovery Solution Market by Deployment
11.3.7.2.3China Disaster Recovery Solution Market by Enterprise Size
11.3.7.2.4China Disaster Recovery Solution Market by End User
11.3.7.3India Disaster Recovery Solution Market
11.3.7.3.1India Disaster Recovery Solution Market by Type
11.3.7.3.2India Disaster Recovery Solution Market by Deployment
11.3.7.3.3India Disaster Recovery Solution Market by Enterprise Size
11.3.7.3.4India Disaster Recovery Solution Market by End User
11.3.7.4Japan Disaster Recovery Solution Market
11.3.7.4.1Japan Disaster Recovery Solution Market by Type
11.3.7.4.2Japan Disaster Recovery Solution Market by Deployment
11.3.7.4.3Japan Disaster Recovery Solution Market by Enterprise Size
11.3.7.4.4Japan Disaster Recovery Solution Market by End User
11.3.7.5South Korea Disaster Recovery Solution Market
11.3.7.5.1South Korea Disaster Recovery Solution Market by Type
11.3.7.5.2South Korea Disaster Recovery Solution Market by Deployment
11.3.7.5.3South Korea Disaster Recovery Solution Market by Enterprise Size
11.3.7.5.4South Korea Disaster Recovery Solution Market by End User
11.3.7.6Rest of Asia-Pacific Disaster Recovery Solution Market
11.3.7.6.1Rest of Asia-Pacific Disaster Recovery Solution Market by Type
11.3.7.6.2Rest of Asia-Pacific Disaster Recovery Solution Market by Deployment
11.3.7.6.3Rest of Asia-Pacific Disaster Recovery Solution Market by Enterprise Size
11.3.7.6.4Rest of Asia-Pacific Disaster Recovery Solution Market by End User
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Disaster Recovery Solution Market Overview
11.4.2Middle East and Africa Disaster Recovery Solution Market Forecasts and Analysis
11.4.3Middle East and Africa Disaster Recovery Solution Market Forecasts and Analysis - By Type
11.4.4Middle East and Africa Disaster Recovery Solution Market Forecasts and Analysis - By Deployment
11.4.5Middle East and Africa Disaster Recovery Solution Market Forecasts and Analysis - By Enterprise Size
11.4.6Middle East and Africa Disaster Recovery Solution Market Forecasts and Analysis - By End User
11.4.7Middle East and Africa Disaster Recovery Solution Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Disaster Recovery Solution Market
11.4.7.1.1South Africa Disaster Recovery Solution Market by Type
11.4.7.1.2South Africa Disaster Recovery Solution Market by Deployment
11.4.7.1.3South Africa Disaster Recovery Solution Market by Enterprise Size
11.4.7.1.4South Africa Disaster Recovery Solution Market by End User
11.4.7.2Saudi Arabia Disaster Recovery Solution Market
11.4.7.2.1Saudi Arabia Disaster Recovery Solution Market by Type
11.4.7.2.2Saudi Arabia Disaster Recovery Solution Market by Deployment
11.4.7.2.3Saudi Arabia Disaster Recovery Solution Market by Enterprise Size
11.4.7.2.4Saudi Arabia Disaster Recovery Solution Market by End User
11.4.7.3U.A.E Disaster Recovery Solution Market
11.4.7.3.1U.A.E Disaster Recovery Solution Market by Type
11.4.7.3.2U.A.E Disaster Recovery Solution Market by Deployment
11.4.7.3.3U.A.E Disaster Recovery Solution Market by Enterprise Size
11.4.7.3.4U.A.E Disaster Recovery Solution Market by End User
11.4.7.4Rest of Middle East and Africa Disaster Recovery Solution Market
11.4.7.4.1Rest of Middle East and Africa Disaster Recovery Solution Market by Type
11.4.7.4.2Rest of Middle East and Africa Disaster Recovery Solution Market by Deployment
11.4.7.4.3Rest of Middle East and Africa Disaster Recovery Solution Market by Enterprise Size
11.4.7.4.4Rest of Middle East and Africa Disaster Recovery Solution Market by End User
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Disaster Recovery Solution Market Overview
11.5.2South and Central America Disaster Recovery Solution Market Forecasts and Analysis
11.5.3South and Central America Disaster Recovery Solution Market Forecasts and Analysis - By Type
11.5.4South and Central America Disaster Recovery Solution Market Forecasts and Analysis - By Deployment
11.5.5South and Central America Disaster Recovery Solution Market Forecasts and Analysis - By Enterprise Size
11.5.6South and Central America Disaster Recovery Solution Market Forecasts and Analysis - By End User
11.5.7South and Central America Disaster Recovery Solution Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Disaster Recovery Solution Market
11.5.7.1.1Brazil Disaster Recovery Solution Market by Type
11.5.7.1.2Brazil Disaster Recovery Solution Market by Deployment
11.5.7.1.3Brazil Disaster Recovery Solution Market by Enterprise Size
11.5.7.1.4Brazil Disaster Recovery Solution Market by End User
11.5.7.2Argentina Disaster Recovery Solution Market
11.5.7.2.1Argentina Disaster Recovery Solution Market by Type
11.5.7.2.2Argentina Disaster Recovery Solution Market by Deployment
11.5.7.2.3Argentina Disaster Recovery Solution Market by Enterprise Size
11.5.7.2.4Argentina Disaster Recovery Solution Market by End User
11.5.7.3Rest of South and Central America Disaster Recovery Solution Market
11.5.7.3.1Rest of South and Central America Disaster Recovery Solution Market by Type
11.5.7.3.2Rest of South and Central America Disaster Recovery Solution Market by Deployment
11.5.7.3.3Rest of South and Central America Disaster Recovery Solution Market by Enterprise Size
11.5.7.3.4Rest of South and Central America Disaster Recovery Solution Market by End User
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.DISASTER RECOVERY SOLUTION MARKET, KEY COMPANY PROFILES
13.1.IBM CORPORATION
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.UNITRENDS
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.SUNGARD AVAILABILITY SERVICES
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.ILAND INTERNET SOLUTIONS
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.COMMVAULT
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.QUEST SOFTWARE INC
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.COHESITY, 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.DP SOLUTIONS
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.ARCSERVE
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. IBM Corporation
2. Unitrends
3. Sungard Availability Services
4. iland Internet Solutions
5. Microsoft Corporation
6. Commvault
7. Quest Software Inc
8. Cohesity, Inc
9. DP Solutions
10. Arcserve
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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