Embedded Display Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031

Embedded Display Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (LCD, LED, and OLED), Application (Industrial Automation, Fitness Equipment, Scientific Test and Measurement, Wearables, Home Appliances, and Others), and Geography

  • Report Code : TIPRE00006841
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Embedded Display Market Trends, Analysis, Top Players by 2031

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The embedded display market size is projected to reach US$ 37.75 billion by 2031 from US$ 22.15 billion in 2023. The market is expected to register a CAGR of 6.9% during 2023–2031.  The growing demand for automation among industries and the rising adoption of smart wearables are likely to remain key trends in the market.

Embedded Display Market Analysis

The embedded display market is growing at a rapid pace due to the increasing adoption of high-resolution displays and increasing demand for gaming consoles. The market is expanding steadily, driven by the growing installation of digital signage and interactive displays. Moreover, the rising demand for ultra-small LCD and the growing adoption of organic light-emitting diode (OLED) display technology is providing lucrative opportunities for market growth.

Embedded Display Market Overview

An embedded display is a screen that interfaces with an embedded device. The screen displays information about how the device operates and allows users to interact with it. These displays, also known as embedded touch, allow users to interact with the device by just touching the screen's surface. Smartphones, especially the iPhone, were among the first products to incorporate this technology. Retail displays are increasingly including embedded touch screens. Moreover, significant benefits offered by embedded displays, such as cost-effectiveness, customization, and durability, among others, increase the demand among customers. Thus, boosting the market during the forecast period.

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Embedded Display Market: Strategic Insights

embedded-display-market
Market Size Value inUS$ 20.1 billion in 2022
Market Size Value byUS$ 32.2 billion by 2030
Growth rateCAGR of 6.07% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Embedded Display Market Drivers and Opportunities

Increasing Adoption of High-Resolution Displays to Favor Market

Riverdi Sp. z o.o. offers STM32 embedded displays series for a variety of applications. STM32 touchscreen displays are the highest resolution (1280×800 pixel) screens on the market that have a typical surface luminance is up to 1000 cd/m2, indicating that these TFT displays are extremely bright even outdoors. The display provides complete viewing angles, enabling users to interact with the display naturally and intuitively from all sides. These displays are built to fulfill the most stringent criteria, with high resolution, brightness, and a slew of features. Furthermore, the rising demand for high-resolution displays in numerous applications, including advanced HMI (human-machine interface), point of sales (POS), medical devices, military devices, smart home automation and appliances, IoT industrial sensors and thermostats, wearables and smart devices, e-bikes and other small EVs is boosting the market.

Rising Demand for Ultra-Small LCD

An increasing number of embedded applications require ultra-small displays. Historically, such methods were expensive due to the complicated downsizing of components. 4D Systems provides a 1.3" embedded graphics display with a low total cost of ownership, defying industry trends. The pixxiLCD-13 is a 1.3" round color TFT-LCD compact intelligent display module that offers an array of functionality and possibilities for any designer, integrator, or user looking to add a complete color HMI to an application. Similarly, the round IPS display uses in-plane switching (IPS) LCD technology to provide wide viewing angles. The pixxiLCD-13 is driven by the programmable PIXXI-28 graphics processor, which supports touch detection, microSD or serial flash memory storage, GPIO and ADC, multiple millisecond resolution timers, and UART and I2C communication. Moreover, the pixxiLCD-13 is suitable for a wide range of applications, including general-purpose low-cost embedded graphics, automotive displays, elevator control systems, instrumentation, security and access control panels, electronic gauges and meters, industrial control/robotics, GPS/Sat-Nav systems, consumer appliance devices, heart rate and blood pressure monitors, medical instruments,  smart home automation display panels, and vending machine panels.

Embedded Display Market Report Segmentation Analysis

Key segments that contributed to the derivation of the embedded display market analysis are type and application.

  • Based on type, the embedded display market is divided into LCD, LED, and OLED. The LED segment held a larger market share in 2023.
  • By application, the market is segmented into industrial automation, fitness equipment, scientific test and measurement, wearables, home appliances, and others. The wearables segment is anticipated to expand during the forecast period.

Embedded Display Market Share Analysis by Geography

The geographic scope of the embedded display market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

The market in Europe is expected to dominate the market. The region's developed economies such as Germany, France, and the UK, are well-known as manufacturing and business hubs. They have also seen a rise in factory automation and the adoption of intelligent Internet of Things technologies. This has caused the automotive, electronics, aerospace and military, and semiconductor industries throughout Europe to see an increase in the use of Internet of Things (IoT)-connected equipment and devices, including as smart robots, programmable logic controllers (PLC), HMIV, and other industrial automation and control systems.

The region is home to several top automobile businesses developing sophisticated technologies, including autonomous driving, electrified vehicles, and ADAS, which integrate with embedded processors for various uses. Europe has well-known aerospace and defense solution providers who develop equipment and gadgets for both the government and private sector. These devices use embedded displays for certain purposes and functionalities. The construction business in Europe is thriving thanks to cheap financing rates, rising investment levels, and increased employment. This is likely to increase demand for embedded screens used in construction equipment for numerous purposes.

The Russia-Ukraine war has resulted in a potential increase in investment in embedded systems for armored military vehicles, which is likely to assist the embedded display market's growth. The growth of defense vehicles has resulted in greater usage of lot technologies and components, necessitating the employment of appropriate displays to manage and monitor operations. The war may have an impact on the economy and fuel prices in many countries, as well as restrict automobile sales due to fluctuating oil prices. However, the continued development of automobile displays to meet the need for "green" automobiles will provide significant opportunities for the sector, outweighing the global impact.

Embedded Display Market Report Scope

Embedded Display Market News and Recent Developments

The embedded display market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the embedded display market are listed below:

  • TOPPAN Holdings Inc. participated in Embedded World 2023 to showcase La+ touch. La+ touch is a next-generation interactive display that generates images in the air and enables contactless operation by users, who only need to align their fingers with the position of the floating images. (Source: TOPPAN Holdings Inc., Company Website, March 2023)

Embedded Display Market Report Coverage and Deliverables

The “Embedded Display Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Embedded display market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Embedded display market trends as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Embedded display market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the embedded display market
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Technology, Application, and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What is the expected CAGR of the embedded display market?

The global embedded display market is estimated to register a CAGR of 6.9% during the forecast period 2023–2031.

What are the driving factors impacting the embedded display market?

The growing digitalization and increasing demand for interactive displays and digital signage are the major factors that propel the global embedded display market.

What are the future trends of the embedded display market?

The growing demand for automation among industries and the rising adoption of smart wearables to play a significant role in the global embedded display market in the coming years.

Which are the leading players operating in the embedded display market?

The key players holding majority shares in the global embedded display market are Avnet, Inc., Anders OX, Altia Inc., Esterel Technologies SA, ENEA AB, Green Hills Software Inc., Intel Corporation, Microsoft Corporation, Multitouch Ltd., and Planar Systems Inc.

What are the deliverable formats of the embedded display market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on the request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Embedded Display Market - By Technology
1.3.2Embedded Display Market - By Application
1.3.3Embedded Display Market - By Region
1.3.3.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.EMBEDDED DISPLAY MARKET LANDSCAPE
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.EMBEDDED DISPLAY 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.EMBEDDED DISPLAY MARKET - GLOBAL MARKET ANALYSIS
6.1.EMBEDDED DISPLAY - GLOBAL MARKET OVERVIEW
6.2.EMBEDDED DISPLAY - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.EMBEDDED DISPLAY MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1.OVERVIEW
7.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3.LCD
7.3.1.Overview
7.3.2.LCD Market Forecast and Analysis
7.4.LED
7.4.1.Overview
7.4.2.LED Market Forecast and Analysis
7.5.OLED
7.5.1.Overview
7.5.2.OLED Market Forecast and Analysis

8.EMBEDDED DISPLAY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.INDUSTRIAL AUTOMATION
8.3.1.Overview
8.3.2.Industrial Automation Market Forecast and Analysis
8.4.FITNESS EQUIPMENT
8.4.1.Overview
8.4.2.Fitness Equipment Market Forecast and Analysis
8.5.SCIENTIFIC TEST AND MEASUREMENT
8.5.1.Overview
8.5.2.Scientific Test and Measurement Market Forecast and Analysis
8.6.WEARABLES
8.6.1.Overview
8.6.2.Wearables Market Forecast and Analysis
8.7.HOME APPLIANCES
8.7.1.Overview
8.7.2.Home Appliances Market Forecast and Analysis
8.8.OTHERS
8.8.1.Overview
8.8.2.Others Market Forecast and Analysis

9.EMBEDDED DISPLAY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Embedded Display Market Overview
9.1.2North America Embedded Display Market Forecasts and Analysis
9.1.3North America Embedded Display Market Forecasts and Analysis - By Technology
9.1.4North America Embedded Display Market Forecasts and Analysis - By Application
9.1.5North America Embedded Display Market Forecasts and Analysis - By Countries
9.1.5.1United States Embedded Display Market
9.1.5.1.1United States Embedded Display Market by Technology
9.1.5.1.2United States Embedded Display Market by Application
9.1.5.2Canada Embedded Display Market
9.1.5.2.1Canada Embedded Display Market by Technology
9.1.5.2.2Canada Embedded Display Market by Application
9.1.5.3Mexico Embedded Display Market
9.1.5.3.1Mexico Embedded Display Market by Technology
9.1.5.3.2Mexico Embedded Display Market by Application
9.2.EUROPE
9.2.1Europe Embedded Display Market Overview
9.2.2Europe Embedded Display Market Forecasts and Analysis
9.2.3Europe Embedded Display Market Forecasts and Analysis - By Technology
9.2.4Europe Embedded Display Market Forecasts and Analysis - By Application
9.2.5Europe Embedded Display Market Forecasts and Analysis - By Countries
9.2.5.1Germany Embedded Display Market
9.2.5.1.1Germany Embedded Display Market by Technology
9.2.5.1.2Germany Embedded Display Market by Application
9.2.5.2France Embedded Display Market
9.2.5.2.1France Embedded Display Market by Technology
9.2.5.2.2France Embedded Display Market by Application
9.2.5.3Italy Embedded Display Market
9.2.5.3.1Italy Embedded Display Market by Technology
9.2.5.3.2Italy Embedded Display Market by Application
9.2.5.4United Kingdom Embedded Display Market
9.2.5.4.1United Kingdom Embedded Display Market by Technology
9.2.5.4.2United Kingdom Embedded Display Market by Application
9.2.5.5Russia Embedded Display Market
9.2.5.5.1Russia Embedded Display Market by Technology
9.2.5.5.2Russia Embedded Display Market by Application
9.2.5.6Rest of Europe Embedded Display Market
9.2.5.6.1Rest of Europe Embedded Display Market by Technology
9.2.5.6.2Rest of Europe Embedded Display Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Embedded Display Market Overview
9.3.2Asia-Pacific Embedded Display Market Forecasts and Analysis
9.3.3Asia-Pacific Embedded Display Market Forecasts and Analysis - By Technology
9.3.4Asia-Pacific Embedded Display Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Embedded Display Market Forecasts and Analysis - By Countries
9.3.5.1Australia Embedded Display Market
9.3.5.1.1Australia Embedded Display Market by Technology
9.3.5.1.2Australia Embedded Display Market by Application
9.3.5.2China Embedded Display Market
9.3.5.2.1China Embedded Display Market by Technology
9.3.5.2.2China Embedded Display Market by Application
9.3.5.3India Embedded Display Market
9.3.5.3.1India Embedded Display Market by Technology
9.3.5.3.2India Embedded Display Market by Application
9.3.5.4Japan Embedded Display Market
9.3.5.4.1Japan Embedded Display Market by Technology
9.3.5.4.2Japan Embedded Display Market by Application
9.3.5.5South Korea Embedded Display Market
9.3.5.5.1South Korea Embedded Display Market by Technology
9.3.5.5.2South Korea Embedded Display Market by Application
9.3.5.6Rest of Asia-Pacific Embedded Display Market
9.3.5.6.1Rest of Asia-Pacific Embedded Display Market by Technology
9.3.5.6.2Rest of Asia-Pacific Embedded Display Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Embedded Display Market Overview
9.4.2Middle East and Africa Embedded Display Market Forecasts and Analysis
9.4.3Middle East and Africa Embedded Display Market Forecasts and Analysis - By Technology
9.4.4Middle East and Africa Embedded Display Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Embedded Display Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Embedded Display Market
9.4.5.1.1South Africa Embedded Display Market by Technology
9.4.5.1.2South Africa Embedded Display Market by Application
9.4.5.2Saudi Arabia Embedded Display Market
9.4.5.2.1Saudi Arabia Embedded Display Market by Technology
9.4.5.2.2Saudi Arabia Embedded Display Market by Application
9.4.5.3U.A.E Embedded Display Market
9.4.5.3.1U.A.E Embedded Display Market by Technology
9.4.5.3.2U.A.E Embedded Display Market by Application
9.4.5.4Rest of Middle East and Africa Embedded Display Market
9.4.5.4.1Rest of Middle East and Africa Embedded Display Market by Technology
9.4.5.4.2Rest of Middle East and Africa Embedded Display Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Embedded Display Market Overview
9.5.2South and Central America Embedded Display Market Forecasts and Analysis
9.5.3South and Central America Embedded Display Market Forecasts and Analysis - By Technology
9.5.4South and Central America Embedded Display Market Forecasts and Analysis - By Application
9.5.5South and Central America Embedded Display Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Embedded Display Market
9.5.5.1.1Brazil Embedded Display Market by Technology
9.5.5.1.2Brazil Embedded Display Market by Application
9.5.5.2Argentina Embedded Display Market
9.5.5.2.1Argentina Embedded Display Market by Technology
9.5.5.2.2Argentina Embedded Display Market by Application
9.5.5.3Rest of South and Central America Embedded Display Market
9.5.5.3.1Rest of South and Central America Embedded Display Market by Technology
9.5.5.3.2Rest of South and Central America Embedded Display 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.EMBEDDED DISPLAY MARKET, KEY COMPANY PROFILES
11.1.AVNET, INC.
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.ANDERS DX
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.ALTIA INC.
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.ESTEREL TECHNOLOGIES SA
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.ENEA AB
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.GREEN HILLS SOFTWARE INC.
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.INTEL CORPORATION
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.MICROSOFT CORPORATION
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.MULTITOUCH LTD.
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.PLANAR SYSTEMS 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

The List of Companies

1.Avnet, Inc.2.Anders DX3.Altia Inc.4.Esterel Technologies SA5.ENEA AB6.Green Hills Software Inc.7.Intel Corporation8.Microsoft Corporation9.Multitouch Ltd.10.Planar Systems Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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