Enterprise Database Market 2021-2031: Share and Forecast
The Enterprise Database Market is expected to register a CAGR of 9.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Software (Data Integration, Data Migration, Data Warehousing, Data Security, Others); Service (Support and Training Services, Maintenance and Operation Services, Consulting Service); Deployment Type (Cloud, On-Premise); Industry Vertical (Government, BFSI, Retail, Healthcare, IT and Telecom, Manufacturing, Energy and Utilities, Transportation and Logistics). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Enterprise Database Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Enterprise Database Market Segmentation
Software- Data Integration
- Data Migration
- Data Warehousing
- Data Security
- Others
- Support and Training Services
- Maintenance and Operation Services
- Consulting Service
- Cloud
- On-Premise
- Government
- BFSI
- Retail
- Healthcare
- IT and Telecom
- Manufacturing
- Energy and Utilities
- Transportation and Logistics
- Government
- BFSI
- Retail
- Healthcare
- IT and Telecom
- Manufacturing
- Energy and Utilities
- Transportation and Logistics
Strategic Insights
Enterprise Database Market Growth Drivers- Growing Data Volume & Big Data: The amount of data produced by organizations is experiencing an exponential increase. Enterprises, therefore, require more effective and scalable database solutions capable of handling massive datasets. It is pushing enterprises into making an investment in advanced databases such as NoSQL databases as well as cloud-based solutions so that they can derive insights from huge volumes of structured and unstructured data.
- Adoption of Cloud and Hybrid IT Environments: Many organizations are now migrating their data storage and management infrastructure to the cloud to improve scalability, flexibility, and cost-effectiveness. Cloud-based EDM solutions are in vogue as they help enterprises seamlessly manage data across various environments. The trend of hybrid and multi-cloud environments where a company uses both on-premise and cloud-based systems will require an integrated data management solution that allows a business consistent access and control of its data across the multiple platforms used.
- Increased Use of Artificial Intelligence (AI) and Machine Learning (ML): The incorporation of AI and ML in enterprise databases helps to better optimize decisions, automate tasks, and optimize performance. AI-based databases are able to optimize queries, identify patterns in the data, and enhance data processing speeds. Enterprises use predictive analytics to predict trends and the behavior of customers by necessitating the ability to store and process vast amounts of historical and real-time data.
- Shift Towards NoSQL and Multi-Model Databases: A notable trend in the enterprise database management market is the growing adoption of NoSQL and multi-model databases. As organizations increasingly work with unstructured data types such as documents, images, and social media content, traditional relational databases are being complemented (or replaced) by NoSQL databases, which offer flexibility in handling various data formats. Multi-model databases, which allow users to combine different data models (e.g., document, graph, key-value) within a single database, are also gaining traction. These databases are designed to meet the diverse needs of modern enterprises, including scalability, performance, and the ability to handle large, complex data sets. The shift toward NoSQL and multi-model databases is expected to continue as businesses seek more versatile and agile database solutions.
- Advancements in Database Technologies: The growing adoption of NoSQL databases like MongoDB, Cassandra, and Couchbase for unstructured data handling is a major driver for this market. These databases are particularly useful for handling large-scale distributed systems and real-time applications. The rising multivendor database that supports a variety of data types, including graph, document, and relational types, is appealing to those companies that need to manage multiple types of workloads.
- Increased Demand for Real-Time Data Processing and Analytics: As businesses increasingly rely on data-driven decision-making, there is a growing opportunity for database management systems that offer real-time data processing and analytics capabilities. Companies are looking for solutions that can handle high volumes of data in real time and provide insights that can drive business performance, improve customer experience, and optimize operations. Opportunities exist for database management solutions that support advanced analytics, artificial intelligence (AI), and machine learning (ML), helping enterprises analyze data as it is generated and gain timely insights. Providing real-time analytics and operational intelligence is a key growth area for the market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Enterprise Database Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Enterprise Database Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- 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.
Frequently Asked Questions
The Enterprise Database Market is estimated to witness a CAGR of 9.5% from 2023 to 2031
The major factors driving the Enterprise Database market are Growing Data Volume & Big Data and Adoption of Cloud and Hybrid IT Environments.
The Increased Use of Artificial Intelligence (AI) and Machine Learning (ML) is anticipated to play a significant role in the global Enterprise Database market in the coming years
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an 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
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Enterprise Database Market - By Software
1.3.2 Enterprise Database Market - By Service
1.3.3 Enterprise Database Market - By Deployment Type
1.3.4 Enterprise Database Market - By Industry Vertical
1.3.5 Enterprise Database Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ENTERPRISE DATABASE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ENTERPRISE DATABASE 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. ENTERPRISE DATABASE MARKET - GLOBAL MARKET ANALYSIS
6.1. ENTERPRISE DATABASE - GLOBAL MARKET OVERVIEW
6.2. ENTERPRISE DATABASE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ENTERPRISE DATABASE MARKET - REVENUE AND FORECASTS TO 2028 - SOFTWARE
7.1. OVERVIEW
7.2. SOFTWARE MARKET FORECASTS AND ANALYSIS
7.3. DATA INTEGRATION
7.3.1. Overview
7.3.2. Data Integration Market Forecast and Analysis
7.4. DATA MIGRATION
7.4.1. Overview
7.4.2. Data Migration Market Forecast and Analysis
7.5. DATA WAREHOUSING
7.5.1. Overview
7.5.2. Data Warehousing Market Forecast and Analysis
7.6. DATA SECURITY
7.6.1. Overview
7.6.2. Data Security Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. ENTERPRISE DATABASE MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE
8.1. OVERVIEW
8.2. SERVICE MARKET FORECASTS AND ANALYSIS
8.3. SUPPORT AND TRAINING SERVICES
8.3.1. Overview
8.3.2. Support and Training Services Market Forecast and Analysis
8.4. MAINTENANCE AND OPERATION SERVICES
8.4.1. Overview
8.4.2. Maintenance and Operation Services Market Forecast and Analysis
8.5. CONSULTING SERVICE
8.5.1. Overview
8.5.2. Consulting Service Market Forecast and Analysis
9. ENTERPRISE DATABASE MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT TYPE
9.1. OVERVIEW
9.2. DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
9.3. CLOUD
9.3.1. Overview
9.3.2. Cloud Market Forecast and Analysis
9.4. ON-PREMISE
9.4.1. Overview
9.4.2. On-Premise Market Forecast and Analysis
10. ENTERPRISE DATABASE MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
10.1. OVERVIEW
10.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
10.3. GOVERNMENT
10.3.1. Overview
10.3.2. Government Market Forecast and Analysis
10.4. BFSI
10.4.1. Overview
10.4.2. BFSI Market Forecast and Analysis
10.5. RETAIL
10.5.1. Overview
10.5.2. Retail Market Forecast and Analysis
10.6. HEALTHCARE
10.6.1. Overview
10.6.2. Healthcare Market Forecast and Analysis
10.7. IT AND TELECOM
10.7.1. Overview
10.7.2. IT and Telecom Market Forecast and Analysis
10.8. MANUFACTURING
10.8.1. Overview
10.8.2. Manufacturing Market Forecast and Analysis
10.9. ENERGY AND UTILITIES
10.9.1. Overview
10.9.2. Energy and Utilities Market Forecast and Analysis
10.10. TRANSPORTATION AND LOGISTICS
10.10.1. Overview
10.10.2. Transportation and Logistics Market Forecast and Analysis
11. ENTERPRISE DATABASE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Enterprise Database Market Overview
11.1.2 North America Enterprise Database Market Forecasts and Analysis
11.1.3 North America Enterprise Database Market Forecasts and Analysis - By Software
11.1.4 North America Enterprise Database Market Forecasts and Analysis - By Service
11.1.5 North America Enterprise Database Market Forecasts and Analysis - By Deployment Type
11.1.6 North America Enterprise Database Market Forecasts and Analysis - By Industry Vertical
11.1.7 North America Enterprise Database Market Forecasts and Analysis - By Countries
11.1.7.1 United States Enterprise Database Market
11.1.7.1.1 United States Enterprise Database Market by Software
11.1.7.1.2 United States Enterprise Database Market by Service
11.1.7.1.3 United States Enterprise Database Market by Deployment Type
11.1.7.1.4 United States Enterprise Database Market by Industry Vertical
11.1.7.2 Canada Enterprise Database Market
11.1.7.2.1 Canada Enterprise Database Market by Software
11.1.7.2.2 Canada Enterprise Database Market by Service
11.1.7.2.3 Canada Enterprise Database Market by Deployment Type
11.1.7.2.4 Canada Enterprise Database Market by Industry Vertical
11.1.7.3 Mexico Enterprise Database Market
11.1.7.3.1 Mexico Enterprise Database Market by Software
11.1.7.3.2 Mexico Enterprise Database Market by Service
11.1.7.3.3 Mexico Enterprise Database Market by Deployment Type
11.1.7.3.4 Mexico Enterprise Database Market by Industry Vertical
11.2. EUROPE
11.2.1 Europe Enterprise Database Market Overview
11.2.2 Europe Enterprise Database Market Forecasts and Analysis
11.2.3 Europe Enterprise Database Market Forecasts and Analysis - By Software
11.2.4 Europe Enterprise Database Market Forecasts and Analysis - By Service
11.2.5 Europe Enterprise Database Market Forecasts and Analysis - By Deployment Type
11.2.6 Europe Enterprise Database Market Forecasts and Analysis - By Industry Vertical
11.2.7 Europe Enterprise Database Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Enterprise Database Market
11.2.7.1.1 Germany Enterprise Database Market by Software
11.2.7.1.2 Germany Enterprise Database Market by Service
11.2.7.1.3 Germany Enterprise Database Market by Deployment Type
11.2.7.1.4 Germany Enterprise Database Market by Industry Vertical
11.2.7.2 France Enterprise Database Market
11.2.7.2.1 France Enterprise Database Market by Software
11.2.7.2.2 France Enterprise Database Market by Service
11.2.7.2.3 France Enterprise Database Market by Deployment Type
11.2.7.2.4 France Enterprise Database Market by Industry Vertical
11.2.7.3 Italy Enterprise Database Market
11.2.7.3.1 Italy Enterprise Database Market by Software
11.2.7.3.2 Italy Enterprise Database Market by Service
11.2.7.3.3 Italy Enterprise Database Market by Deployment Type
11.2.7.3.4 Italy Enterprise Database Market by Industry Vertical
11.2.7.4 United Kingdom Enterprise Database Market
11.2.7.4.1 United Kingdom Enterprise Database Market by Software
11.2.7.4.2 United Kingdom Enterprise Database Market by Service
11.2.7.4.3 United Kingdom Enterprise Database Market by Deployment Type
11.2.7.4.4 United Kingdom Enterprise Database Market by Industry Vertical
11.2.7.5 Russia Enterprise Database Market
11.2.7.5.1 Russia Enterprise Database Market by Software
11.2.7.5.2 Russia Enterprise Database Market by Service
11.2.7.5.3 Russia Enterprise Database Market by Deployment Type
11.2.7.5.4 Russia Enterprise Database Market by Industry Vertical
11.2.7.6 Rest of Europe Enterprise Database Market
11.2.7.6.1 Rest of Europe Enterprise Database Market by Software
11.2.7.6.2 Rest of Europe Enterprise Database Market by Service
11.2.7.6.3 Rest of Europe Enterprise Database Market by Deployment Type
11.2.7.6.4 Rest of Europe Enterprise Database Market by Industry Vertical
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Enterprise Database Market Overview
11.3.2 Asia-Pacific Enterprise Database Market Forecasts and Analysis
11.3.3 Asia-Pacific Enterprise Database Market Forecasts and Analysis - By Software
11.3.4 Asia-Pacific Enterprise Database Market Forecasts and Analysis - By Service
11.3.5 Asia-Pacific Enterprise Database Market Forecasts and Analysis - By Deployment Type
11.3.6 Asia-Pacific Enterprise Database Market Forecasts and Analysis - By Industry Vertical
11.3.7 Asia-Pacific Enterprise Database Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Enterprise Database Market
11.3.7.1.1 Australia Enterprise Database Market by Software
11.3.7.1.2 Australia Enterprise Database Market by Service
11.3.7.1.3 Australia Enterprise Database Market by Deployment Type
11.3.7.1.4 Australia Enterprise Database Market by Industry Vertical
11.3.7.2 China Enterprise Database Market
11.3.7.2.1 China Enterprise Database Market by Software
11.3.7.2.2 China Enterprise Database Market by Service
11.3.7.2.3 China Enterprise Database Market by Deployment Type
11.3.7.2.4 China Enterprise Database Market by Industry Vertical
11.3.7.3 India Enterprise Database Market
11.3.7.3.1 India Enterprise Database Market by Software
11.3.7.3.2 India Enterprise Database Market by Service
11.3.7.3.3 India Enterprise Database Market by Deployment Type
11.3.7.3.4 India Enterprise Database Market by Industry Vertical
11.3.7.4 Japan Enterprise Database Market
11.3.7.4.1 Japan Enterprise Database Market by Software
11.3.7.4.2 Japan Enterprise Database Market by Service
11.3.7.4.3 Japan Enterprise Database Market by Deployment Type
11.3.7.4.4 Japan Enterprise Database Market by Industry Vertical
11.3.7.5 South Korea Enterprise Database Market
11.3.7.5.1 South Korea Enterprise Database Market by Software
11.3.7.5.2 South Korea Enterprise Database Market by Service
11.3.7.5.3 South Korea Enterprise Database Market by Deployment Type
11.3.7.5.4 South Korea Enterprise Database Market by Industry Vertical
11.3.7.6 Rest of Asia-Pacific Enterprise Database Market
11.3.7.6.1 Rest of Asia-Pacific Enterprise Database Market by Software
11.3.7.6.2 Rest of Asia-Pacific Enterprise Database Market by Service
11.3.7.6.3 Rest of Asia-Pacific Enterprise Database Market by Deployment Type
11.3.7.6.4 Rest of Asia-Pacific Enterprise Database Market by Industry Vertical
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Enterprise Database Market Overview
11.4.2 Middle East and Africa Enterprise Database Market Forecasts and Analysis
11.4.3 Middle East and Africa Enterprise Database Market Forecasts and Analysis - By Software
11.4.4 Middle East and Africa Enterprise Database Market Forecasts and Analysis - By Service
11.4.5 Middle East and Africa Enterprise Database Market Forecasts and Analysis - By Deployment Type
11.4.6 Middle East and Africa Enterprise Database Market Forecasts and Analysis - By Industry Vertical
11.4.7 Middle East and Africa Enterprise Database Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Enterprise Database Market
11.4.7.1.1 South Africa Enterprise Database Market by Software
11.4.7.1.2 South Africa Enterprise Database Market by Service
11.4.7.1.3 South Africa Enterprise Database Market by Deployment Type
11.4.7.1.4 South Africa Enterprise Database Market by Industry Vertical
11.4.7.2 Saudi Arabia Enterprise Database Market
11.4.7.2.1 Saudi Arabia Enterprise Database Market by Software
11.4.7.2.2 Saudi Arabia Enterprise Database Market by Service
11.4.7.2.3 Saudi Arabia Enterprise Database Market by Deployment Type
11.4.7.2.4 Saudi Arabia Enterprise Database Market by Industry Vertical
11.4.7.3 U.A.E Enterprise Database Market
11.4.7.3.1 U.A.E Enterprise Database Market by Software
11.4.7.3.2 U.A.E Enterprise Database Market by Service
11.4.7.3.3 U.A.E Enterprise Database Market by Deployment Type
11.4.7.3.4 U.A.E Enterprise Database Market by Industry Vertical
11.4.7.4 Rest of Middle East and Africa Enterprise Database Market
11.4.7.4.1 Rest of Middle East and Africa Enterprise Database Market by Software
11.4.7.4.2 Rest of Middle East and Africa Enterprise Database Market by Service
11.4.7.4.3 Rest of Middle East and Africa Enterprise Database Market by Deployment Type
11.4.7.4.4 Rest of Middle East and Africa Enterprise Database Market by Industry Vertical
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Enterprise Database Market Overview
11.5.2 South and Central America Enterprise Database Market Forecasts and Analysis
11.5.3 South and Central America Enterprise Database Market Forecasts and Analysis - By Software
11.5.4 South and Central America Enterprise Database Market Forecasts and Analysis - By Service
11.5.5 South and Central America Enterprise Database Market Forecasts and Analysis - By Deployment Type
11.5.6 South and Central America Enterprise Database Market Forecasts and Analysis - By Industry Vertical
11.5.7 South and Central America Enterprise Database Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Enterprise Database Market
11.5.7.1.1 Brazil Enterprise Database Market by Software
11.5.7.1.2 Brazil Enterprise Database Market by Service
11.5.7.1.3 Brazil Enterprise Database Market by Deployment Type
11.5.7.1.4 Brazil Enterprise Database Market by Industry Vertical
11.5.7.2 Argentina Enterprise Database Market
11.5.7.2.1 Argentina Enterprise Database Market by Software
11.5.7.2.2 Argentina Enterprise Database Market by Service
11.5.7.2.3 Argentina Enterprise Database Market by Deployment Type
11.5.7.2.4 Argentina Enterprise Database Market by Industry Vertical
11.5.7.3 Rest of South and Central America Enterprise Database Market
11.5.7.3.1 Rest of South and Central America Enterprise Database Market by Software
11.5.7.3.2 Rest of South and Central America Enterprise Database Market by Service
11.5.7.3.3 Rest of South and Central America Enterprise Database Market by Deployment Type
11.5.7.3.4 Rest of South and Central America Enterprise Database Market by Industry Vertical
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. ENTERPRISE DATABASE 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. IBM CORPORATION
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. INFORMATICA CORPORATION
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. INTEL CORPORATION
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. ORACLE CORPORATION
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. SAP SE
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. SAS INSTITUTE 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. SYMANTEC CORPORATION
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. TERADATA 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 plc
2. IBM Corporation
3. Informatica Corporation
4. Intel Corporation
5. Microsoft Corporation
6. Oracle Corporation
7. SAP SE
8. SAS Institute Inc.
9. Symantec Corporation
10. Teradata 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.
Get Free Sample For