Environmental Hazard Monitoring Solution Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Environmental Hazard Monitoring Solution Market covers analysis by Component (Solution, Service); Industry (Private, Government, Construction and Real Estate, Transportation, IT and Telecommunication, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00008050
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Environmental Hazard Monitoring Solution Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

Environmental hazard monitoring solution is used for multiple government applications and industries such as tracking and detecting changes in humidity, temperature, particulate matter, chemical, and biological air pollutants, water quality, and noise level, among others. Environmental hazard monitoring solution uses multiple types of sensors to check the attributes as mentioned above and alert users in case of a rise in pollution level. The process also involves measurement and collection of pollutants to evaluate the status of an environment. Environmental hazard monitoring solution helps users accurately understand the natural environment and facilitate the development of measures and policies to protect it from any adverse outcomes of human activity.

MARKET DYNAMICS

The rising need to diminish losses due to natural disasters is one of the prime factors driving the growth of the environmental hazard monitoring solution market. The market is expected to witness significant growth over the forecast period due to rapidly growing consumer awareness regarding rising pollution levels and strict government regulations regarding curbing and tracking pollution. Furthermore, falling prices of wireless connectivity sensors and components are expected to boost the growth of the environmental hazard monitoring solution market globally.

MARKET SCOPE

The "Global Environmental Hazard Monitoring Solution Market Analysis to 2031" is a specialized and in-depth study of the environmental hazard monitoring solution market with a special focus on the global market trend analysis. The report aims to provide an overview of environmental hazard monitoring solution market with detailed market segmentation by component, industry. The global environmental hazard monitoring solution market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading environmental hazard monitoring solution market players and offers key trends and opportunities in the environmental hazard monitoring solution market.

MARKET SEGMENTATION

The global environmental hazard monitoring solution market is segmented on the basis of component, industry. On the basis of component, the market is segmented as solution, service. On the basis of industry, the market is segmented as private, government, construction and real estate, transportation, IT and telecommunication, others.


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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 environmental hazard monitoring 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 environmental hazard monitoring 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 environmental hazard monitoring 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 Environmental hazard monitoring solution market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global environmental hazard monitoring 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 environmental hazard monitoring 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 environmental hazard monitoring 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 Environmental hazard monitoring solution market in these regions.

MARKET PLAYERS

The reports cover key developments in the environmental hazard monitoring solution 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 expansion of business and customer base of market players. The market players from environmental hazard monitoring solution market are anticipated to lucrative growth opportunities in the future with the rising demand for environmental hazard monitoring solution market. Below mentioned is the list of few companies engaged in the environmental hazard monitoring solution market.

The report also includes the profiles of key environmental hazard monitoring 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.

  •  Ambiental
  •  American Alarm and Communications Inc.
  •  Aon PLC
  •  Deltares
  •  DHI A/S
  •  Environment Monitoring Solutions Ltd.
  •  Everbridge
  •  Mitra S.K. Private Limited
  •  Norsar
  •  Vector Security, 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.
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Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

This text is related
to segments covered.

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.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Environmental Hazard Monitoring Solution Market - By Component
1.3.2 Environmental Hazard Monitoring Solution Market - By Industry
1.3.3 Environmental Hazard Monitoring Solution Market - By Region
1.3.3.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. ENVIRONMENTAL HAZARD MONITORING SOLUTION 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. ENVIRONMENTAL HAZARD MONITORING 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. ENVIRONMENTAL HAZARD MONITORING SOLUTION MARKET - GLOBAL MARKET ANALYSIS
6.1. ENVIRONMENTAL HAZARD MONITORING SOLUTION - GLOBAL MARKET OVERVIEW
6.2. ENVIRONMENTAL HAZARD MONITORING SOLUTION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ENVIRONMENTAL HAZARD MONITORING SOLUTION MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.3.3. Air Quality Index Market
7.3.3.1. Overview
7.3.3.2. Air Quality Index Market Forecast and Analysis
7.3.4. Natural Disaster Market
7.3.4.1. Overview
7.3.4.2. Natural Disaster Market Forecast and Analysis
7.3.5. Waste Management Market
7.3.5.1. Overview
7.3.5.2. Waste Management Market Forecast and Analysis
7.4. SERVICE
7.4.1. Overview
7.4.2. Service Market Forecast and Analysis
8. ENVIRONMENTAL HAZARD MONITORING SOLUTION MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
8.1. OVERVIEW
8.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. PRIVATE
8.3.1. Overview
8.3.2. Private Market Forecast and Analysis
8.4. GOVERNMENT
8.4.1. Overview
8.4.2. Government Market Forecast and Analysis
8.5. CONSTRUCTION AND REAL ESTATE
8.5.1. Overview
8.5.2. Construction and Real Estate Market Forecast and Analysis
8.6. TRANSPORTATION
8.6.1. Overview
8.6.2. Transportation Market Forecast and Analysis
8.7. IT AND TELECOMMUNICATION
8.7.1. Overview
8.7.2. IT and Telecommunication Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis

9. ENVIRONMENTAL HAZARD MONITORING SOLUTION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Environmental Hazard Monitoring Solution Market Overview
9.1.2 North America Environmental Hazard Monitoring Solution Market Forecasts and Analysis
9.1.3 North America Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Component
9.1.4 North America Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Industry
9.1.5 North America Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Countries
9.1.5.1 United States Environmental Hazard Monitoring Solution Market
9.1.5.1.1 United States Environmental Hazard Monitoring Solution Market by Component
9.1.5.1.2 United States Environmental Hazard Monitoring Solution Market by Industry
9.1.5.2 Canada Environmental Hazard Monitoring Solution Market
9.1.5.2.1 Canada Environmental Hazard Monitoring Solution Market by Component
9.1.5.2.2 Canada Environmental Hazard Monitoring Solution Market by Industry
9.1.5.3 Mexico Environmental Hazard Monitoring Solution Market
9.1.5.3.1 Mexico Environmental Hazard Monitoring Solution Market by Component
9.1.5.3.2 Mexico Environmental Hazard Monitoring Solution Market by Industry
9.2. EUROPE
9.2.1 Europe Environmental Hazard Monitoring Solution Market Overview
9.2.2 Europe Environmental Hazard Monitoring Solution Market Forecasts and Analysis
9.2.3 Europe Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Component
9.2.4 Europe Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Industry
9.2.5 Europe Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Environmental Hazard Monitoring Solution Market
9.2.5.1.1 Germany Environmental Hazard Monitoring Solution Market by Component
9.2.5.1.2 Germany Environmental Hazard Monitoring Solution Market by Industry
9.2.5.2 France Environmental Hazard Monitoring Solution Market
9.2.5.2.1 France Environmental Hazard Monitoring Solution Market by Component
9.2.5.2.2 France Environmental Hazard Monitoring Solution Market by Industry
9.2.5.3 Spain Environmental Hazard Monitoring Solution Market
9.2.5.3.1 Spain Environmental Hazard Monitoring Solution Market by Component
9.2.5.3.2 Spain Environmental Hazard Monitoring Solution Market by Industry
9.2.5.4 United Kingdom Environmental Hazard Monitoring Solution Market
9.2.5.4.1 United Kingdom Environmental Hazard Monitoring Solution Market by Component
9.2.5.4.2 United Kingdom Environmental Hazard Monitoring Solution Market by Industry
9.2.5.5 Russia Environmental Hazard Monitoring Solution Market
9.2.5.5.1 Russia Environmental Hazard Monitoring Solution Market by Component
9.2.5.5.2 Russia Environmental Hazard Monitoring Solution Market by Industry
9.2.5.6 Rest of Europe Environmental Hazard Monitoring Solution Market
9.2.5.6.1 Rest of Europe Environmental Hazard Monitoring Solution Market by Component
9.2.5.6.2 Rest of Europe Environmental Hazard Monitoring Solution Market by Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Environmental Hazard Monitoring Solution Market Overview
9.3.2 Asia-Pacific Environmental Hazard Monitoring Solution Market Forecasts and Analysis
9.3.3 Asia-Pacific Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Industry
9.3.5 Asia-Pacific Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Environmental Hazard Monitoring Solution Market
9.3.5.1.1 Australia Environmental Hazard Monitoring Solution Market by Component
9.3.5.1.2 Australia Environmental Hazard Monitoring Solution Market by Industry
9.3.5.2 China Environmental Hazard Monitoring Solution Market
9.3.5.2.1 China Environmental Hazard Monitoring Solution Market by Component
9.3.5.2.2 China Environmental Hazard Monitoring Solution Market by Industry
9.3.5.3 India Environmental Hazard Monitoring Solution Market
9.3.5.3.1 India Environmental Hazard Monitoring Solution Market by Component
9.3.5.3.2 India Environmental Hazard Monitoring Solution Market by Industry
9.3.5.4 Japan Environmental Hazard Monitoring Solution Market
9.3.5.4.1 Japan Environmental Hazard Monitoring Solution Market by Component
9.3.5.4.2 Japan Environmental Hazard Monitoring Solution Market by Industry
9.3.5.5 South Korea Environmental Hazard Monitoring Solution Market
9.3.5.5.1 South Korea Environmental Hazard Monitoring Solution Market by Component
9.3.5.5.2 South Korea Environmental Hazard Monitoring Solution Market by Industry
9.3.5.6 Rest of Asia-Pacific Environmental Hazard Monitoring Solution Market
9.3.5.6.1 Rest of Asia-Pacific Environmental Hazard Monitoring Solution Market by Component
9.3.5.6.2 Rest of Asia-Pacific Environmental Hazard Monitoring Solution Market by Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Environmental Hazard Monitoring Solution Market Overview
9.4.2 Middle East and Africa Environmental Hazard Monitoring Solution Market Forecasts and Analysis
9.4.3 Middle East and Africa Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Industry
9.4.5 Middle East and Africa Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Environmental Hazard Monitoring Solution Market
9.4.5.1.1 South Africa Environmental Hazard Monitoring Solution Market by Component
9.4.5.1.2 South Africa Environmental Hazard Monitoring Solution Market by Industry
9.4.5.2 Saudi Arabia Environmental Hazard Monitoring Solution Market
9.4.5.2.1 Saudi Arabia Environmental Hazard Monitoring Solution Market by Component
9.4.5.2.2 Saudi Arabia Environmental Hazard Monitoring Solution Market by Industry
9.4.5.3 Rest of Middle East and Africa Environmental Hazard Monitoring Solution Market
9.4.5.3.1 Rest of Middle East and Africa Environmental Hazard Monitoring Solution Market by Component
9.4.5.3.2 Rest of Middle East and Africa Environmental Hazard Monitoring Solution Market by Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Environmental Hazard Monitoring Solution Market Overview
9.5.2 South and Central America Environmental Hazard Monitoring Solution Market Forecasts and Analysis
9.5.3 South and Central America Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Component
9.5.4 South and Central America Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Industry
9.5.5 South and Central America Environmental Hazard Monitoring Solution Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Environmental Hazard Monitoring Solution Market
9.5.5.1.1 Brazil Environmental Hazard Monitoring Solution Market by Component
9.5.5.1.2 Brazil Environmental Hazard Monitoring Solution Market by Industry
9.5.5.2 Argentina Environmental Hazard Monitoring Solution Market
9.5.5.2.1 Argentina Environmental Hazard Monitoring Solution Market by Component
9.5.5.2.2 Argentina Environmental Hazard Monitoring Solution Market by Industry
9.5.5.3 Rest of South and Central America Environmental Hazard Monitoring Solution Market
9.5.5.3.1 Rest of South and Central America Environmental Hazard Monitoring Solution Market by Component
9.5.5.3.2 Rest of South and Central America Environmental Hazard Monitoring Solution Market by Industry

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. ENVIRONMENTAL HAZARD MONITORING SOLUTION MARKET, KEY COMPANY PROFILES
11.1. AMBIENTAL
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. AMERICAN ALARM AND COMMUNICATIONS INC.
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. AON PLC
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. DELTARES
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. DHI A/S
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. ENVIRONMENT MONITORING SOLUTIONS LTD.
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. EVERBRIDGE
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. MITRA S.K. PRIVATE LIMITED
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. NORSAR
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. VECTOR SECURITY, 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. Ambiental
2. American Alarm and Communications Inc.
3. Aon PLC
4. Deltares
5. DHI A/S
6. Environment Monitoring Solutions Ltd.
7. Everbridge
8. Mitra S.K. Private Limited
9. Norsar
10. Vector Security, 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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