Drone Surveillance and Monitoring Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Surveillance drones are unmanned aircraft that are used to capture still photographs, video recordings, or live video of targets such as people, vehicles, or specific areas. Governments, the military, law enforcement, or commercial entities that use them to gather information and intelligence that can be used to assist in decision-making. Surveillance drones provide access to areas that can be difficult or impossible for humans to enter on foot or in land vehicles. Many drones are safer than crewed aircraft; they can fly at lower altitudes and work less expensively. It may also prohibit the use of military and law enforcement surveillance drones in potentially dangerous areas such as battlefields or crime scenes.
MARKET DYNAMICS
All fixed-wing and multi-rotor drones are ideal for surveillance. Fixed-wing UAVs are usually used to protect larger cities such as coastlines, borders, and long road and infrastructure parts because they have greater flight endurance and can cover a more extensive distance without recharging or refueling. Multicolor drones are used in smaller areas because they are capable of hovering and are generally more controllable. Drone tether systems can also be used to offer persistent monitoring capabilities to a quad copter or multicolor drone. The UAV flies in place while being connected via a tethering cable to a power source on the ground, which also transfers images and video to ground operators. The U.S. Department of Defense classifies its unmanned aerial vehicles, which include different military and government surveillance drone types, according to a group system categorized by such criteria as maximum altitude. This system is between Category 1 (< 1200 ft AGL) and Group 5 (> 18,000 ft).
MARKET SCOPE
The "Global Drone surveillance and monitoring Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The drone surveillance and monitoring market report aims to provide an overview of the drone surveillance and monitoring market with detailed market segmentation by product type, application, and geography. The global drone surveillance and monitoring market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading drone surveillance and monitoring market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global drone surveillance and monitoring market is segmented on the basis of product type, and application. Based on product type, the drone surveillance and monitoring market is segmented into: Fixed-Wing, Rotary Blade, and Hybrid. On the basis of application, the market is segmented into: Border Patrol, Building Security, Events Surveillance and Monitoring, Industrial Facility Surveillance, Law Enforcement Surveillance, Prison Surveillance, Traffic Monitoring and Accident Surveillance, 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 drone surveillance and monitoring 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 drone surveillance and monitoring 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 drone surveillance and monitoring 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 drone surveillance and monitoring 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 drone surveillance and monitoring 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 drone surveillance and monitoring 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 drone surveillance and monitoring 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 drone surveillance and monitoring in these regions.
MARKET PLAYERS
The reports cover key developments in the drone surveillance and monitoring 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 players from drone surveillance and monitoring market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the drone surveillance and monitoring market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the drone surveillance and monitoring 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.
- AGC DRONES
- Applus+
- AZUR DRONES SAS
- Dronevolt
- DroniTech
- Elistair
- senseFly
- Skyfront
- UAV Factory
- UAVOS INC
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 Drone Surveillance And Monitoring Market - By Product Type
1.3.2 Drone Surveillance And Monitoring Market - By Application
1.3.3 Drone Surveillance And Monitoring Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DRONE SURVEILLANCE AND MONITORING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. DRONE SURVEILLANCE AND MONITORING 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. DRONE SURVEILLANCE AND MONITORING MARKET - GLOBAL MARKET ANALYSIS
6.1. DRONE SURVEILLANCE AND MONITORING - GLOBAL MARKET OVERVIEW
6.2. DRONE SURVEILLANCE AND MONITORING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DRONE SURVEILLANCE AND MONITORING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. FIXED-WING
7.3.1. Overview
7.3.2. Fixed-Wing Market Forecast and Analysis
7.4. ROTARY BLADE
7.4.1. Overview
7.4.2. Rotary Blade Market Forecast and Analysis
7.5. HYBRID
7.5.1. Overview
7.5.2. Hybrid Market Forecast and Analysis
8. DRONE SURVEILLANCE AND MONITORING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BORDER PATROL
8.3.1. Overview
8.3.2. Border Patrol Market Forecast and Analysis
8.4. BUILDING SECURITY
8.4.1. Overview
8.4.2. Building Security Market Forecast and Analysis
8.5. EVENTS SURVEILLANCE AND MONITORING
8.5.1. Overview
8.5.2. Events Surveillance and Monitoring Market Forecast and Analysis
8.6. INDUSTRIAL FACILITY SURVEILLANCE
8.6.1. Overview
8.6.2. Industrial Facility Surveillance Market Forecast and Analysis
8.7. LAW ENFORCEMENT SURVEILLANCE
8.7.1. Overview
8.7.2. Law Enforcement Surveillance Market Forecast and Analysis
8.8. PRISON SURVEILLANCE
8.8.1. Overview
8.8.2. Prison Surveillance Market Forecast and Analysis
8.9. TRAFFIC MONITORING AND ACCIDENT SURVEILLANCE
8.9.1. Overview
8.9.2. Traffic Monitoring and Accident Surveillance Market Forecast and Analysis
8.10. OTHERS
8.10.1. Overview
8.10.2. Others Market Forecast and Analysis
9. DRONE SURVEILLANCE AND MONITORING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Drone Surveillance And Monitoring Market Overview
9.1.2 North America Drone Surveillance And Monitoring Market Forecasts and Analysis
9.1.3 North America Drone Surveillance And Monitoring Market Forecasts and Analysis - By Product Type
9.1.4 North America Drone Surveillance And Monitoring Market Forecasts and Analysis - By Application
9.1.5 North America Drone Surveillance And Monitoring Market Forecasts and Analysis - By Countries
9.1.5.1 United States Drone Surveillance And Monitoring Market
9.1.5.1.1 United States Drone Surveillance And Monitoring Market by Product Type
9.1.5.1.2 United States Drone Surveillance And Monitoring Market by Application
9.1.5.2 Canada Drone Surveillance And Monitoring Market
9.1.5.2.1 Canada Drone Surveillance And Monitoring Market by Product Type
9.1.5.2.2 Canada Drone Surveillance And Monitoring Market by Application
9.1.5.3 Mexico Drone Surveillance And Monitoring Market
9.1.5.3.1 Mexico Drone Surveillance And Monitoring Market by Product Type
9.1.5.3.2 Mexico Drone Surveillance And Monitoring Market by Application
9.2. EUROPE
9.2.1 Europe Drone Surveillance And Monitoring Market Overview
9.2.2 Europe Drone Surveillance And Monitoring Market Forecasts and Analysis
9.2.3 Europe Drone Surveillance And Monitoring Market Forecasts and Analysis - By Product Type
9.2.4 Europe Drone Surveillance And Monitoring Market Forecasts and Analysis - By Application
9.2.5 Europe Drone Surveillance And Monitoring Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Drone Surveillance And Monitoring Market
9.2.5.1.1 Germany Drone Surveillance And Monitoring Market by Product Type
9.2.5.1.2 Germany Drone Surveillance And Monitoring Market by Application
9.2.5.2 France Drone Surveillance And Monitoring Market
9.2.5.2.1 France Drone Surveillance And Monitoring Market by Product Type
9.2.5.2.2 France Drone Surveillance And Monitoring Market by Application
9.2.5.3 Italy Drone Surveillance And Monitoring Market
9.2.5.3.1 Italy Drone Surveillance And Monitoring Market by Product Type
9.2.5.3.2 Italy Drone Surveillance And Monitoring Market by Application
9.2.5.4 United Kingdom Drone Surveillance And Monitoring Market
9.2.5.4.1 United Kingdom Drone Surveillance And Monitoring Market by Product Type
9.2.5.4.2 United Kingdom Drone Surveillance And Monitoring Market by Application
9.2.5.5 Russia Drone Surveillance And Monitoring Market
9.2.5.5.1 Russia Drone Surveillance And Monitoring Market by Product Type
9.2.5.5.2 Russia Drone Surveillance And Monitoring Market by Application
9.2.5.6 Rest of Europe Drone Surveillance And Monitoring Market
9.2.5.6.1 Rest of Europe Drone Surveillance And Monitoring Market by Product Type
9.2.5.6.2 Rest of Europe Drone Surveillance And Monitoring Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Drone Surveillance And Monitoring Market Overview
9.3.2 Asia-Pacific Drone Surveillance And Monitoring Market Forecasts and Analysis
9.3.3 Asia-Pacific Drone Surveillance And Monitoring Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Drone Surveillance And Monitoring Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Drone Surveillance And Monitoring Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Drone Surveillance And Monitoring Market
9.3.5.1.1 Australia Drone Surveillance And Monitoring Market by Product Type
9.3.5.1.2 Australia Drone Surveillance And Monitoring Market by Application
9.3.5.2 China Drone Surveillance And Monitoring Market
9.3.5.2.1 China Drone Surveillance And Monitoring Market by Product Type
9.3.5.2.2 China Drone Surveillance And Monitoring Market by Application
9.3.5.3 India Drone Surveillance And Monitoring Market
9.3.5.3.1 India Drone Surveillance And Monitoring Market by Product Type
9.3.5.3.2 India Drone Surveillance And Monitoring Market by Application
9.3.5.4 Japan Drone Surveillance And Monitoring Market
9.3.5.4.1 Japan Drone Surveillance And Monitoring Market by Product Type
9.3.5.4.2 Japan Drone Surveillance And Monitoring Market by Application
9.3.5.5 South Korea Drone Surveillance And Monitoring Market
9.3.5.5.1 South Korea Drone Surveillance And Monitoring Market by Product Type
9.3.5.5.2 South Korea Drone Surveillance And Monitoring Market by Application
9.3.5.6 Rest of Asia-Pacific Drone Surveillance And Monitoring Market
9.3.5.6.1 Rest of Asia-Pacific Drone Surveillance And Monitoring Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Drone Surveillance And Monitoring Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Drone Surveillance And Monitoring Market Overview
9.4.2 Middle East and Africa Drone Surveillance And Monitoring Market Forecasts and Analysis
9.4.3 Middle East and Africa Drone Surveillance And Monitoring Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Drone Surveillance And Monitoring Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Drone Surveillance And Monitoring Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Drone Surveillance And Monitoring Market
9.4.5.1.1 South Africa Drone Surveillance And Monitoring Market by Product Type
9.4.5.1.2 South Africa Drone Surveillance And Monitoring Market by Application
9.4.5.2 Saudi Arabia Drone Surveillance And Monitoring Market
9.4.5.2.1 Saudi Arabia Drone Surveillance And Monitoring Market by Product Type
9.4.5.2.2 Saudi Arabia Drone Surveillance And Monitoring Market by Application
9.4.5.3 U.A.E Drone Surveillance And Monitoring Market
9.4.5.3.1 U.A.E Drone Surveillance And Monitoring Market by Product Type
9.4.5.3.2 U.A.E Drone Surveillance And Monitoring Market by Application
9.4.5.4 Rest of Middle East and Africa Drone Surveillance And Monitoring Market
9.4.5.4.1 Rest of Middle East and Africa Drone Surveillance And Monitoring Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Drone Surveillance And Monitoring Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Drone Surveillance And Monitoring Market Overview
9.5.2 South and Central America Drone Surveillance And Monitoring Market Forecasts and Analysis
9.5.3 South and Central America Drone Surveillance And Monitoring Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Drone Surveillance And Monitoring Market Forecasts and Analysis - By Application
9.5.5 South and Central America Drone Surveillance And Monitoring Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Drone Surveillance And Monitoring Market
9.5.5.1.1 Brazil Drone Surveillance And Monitoring Market by Product Type
9.5.5.1.2 Brazil Drone Surveillance And Monitoring Market by Application
9.5.5.2 Argentina Drone Surveillance And Monitoring Market
9.5.5.2.1 Argentina Drone Surveillance And Monitoring Market by Product Type
9.5.5.2.2 Argentina Drone Surveillance And Monitoring Market by Application
9.5.5.3 Rest of South and Central America Drone Surveillance And Monitoring Market
9.5.5.3.1 Rest of South and Central America Drone Surveillance And Monitoring Market by Product Type
9.5.5.3.2 Rest of South and Central America Drone Surveillance And Monitoring Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. DRONE SURVEILLANCE AND MONITORING MARKET, KEY COMPANY PROFILES
11.1. AGC DRONES
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. APPLUS+
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. AZUR DRONES SAS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DRONEVOLT
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DRONITECH
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ELISTAIR
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SENSEFLY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SKYFRONT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. UAV FACTORY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. UAVOS INC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AGC DRONES
2. Applus+
3. AZUR DRONES SAS
4. Dronevolt
5. DroniTech
6. Elistair
7. senseFly
8. Skyfront
9. UAV Factory
10. UAVOS INC
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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