Finance as a Service Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Finance as a service, also known as FaaS, is a business model where businesses outsource their financial operations such as accounting, auditing, and investment management. Business outsources their financial operations in order to focus their resources on their core competencies and to save cost. Majorly finance as a service is availed by small and medium size organizations.
MARKET DYNAMICS
The finance as a service market is experiencing significant growth owing to the increasing number of small and medium size organizations across the globe. However, stringent regulations in certain countries are hampering the growth of the market. Meanwhile, growing adoption rate of finance as a service by large organizations is expected to flourish the finance as a service market.
MARKET SCOPE
The "Finance as a Service Market Analysis to 2028" is a specialized and in-depth study of the technology, media, and telecommunication with a special focus on the global market trend analysis. The report aims to provide an overview of finance as a service market with detailed market segmentation by type, organization size, end users, and geography. The global finance as a service market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading finance as a service market players and offers key trends and opportunities in the finance as a service market.
MARKET SEGMENTATION
The global finance as a service market is segmented on the basis of type, organization size, and end users. Based on type, the market is segmented into accounting, auditing, and others. On the basis of organization size, the market is segmented as SMES and large enterprises. On the basis of end users, the market is segmented as IT and telecom, manufacturing, retail, construction, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global finance as a service market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The finance as a service 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 finance as a service 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 porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the finance as a service market in these regions.
IMPACT OF COVID-19 ON FINANCE AS A SERVICE MARKET
The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the finance as a service market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global finance as a service market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The finance as a service 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 finance as a service 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 porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the finance as a service market in these regions.
IMPACT OF COVID-19 ON FINANCE AS A SERVICE MARKET
The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the finance as a service market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.
MARKET PLAYERS
The reports cover key developments in the finance as a service 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 finance as a service market are anticipated to lucrative growth opportunities in the future with the rising demand for finance as a service market. Below mentioned is the list of few companies engaged in the finance as a service market.
The report also includes the profiles of key finance as a service 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.
- Deloitte Touche Tohmatsu Limited
- Ernst & Young Global Limited
- PwC
- KPMG International Limited
- BDO
- RSM International Ltd.
- Grant Thornton
- Nexia International Limited
- Crowe LLP
- Baker Tilly US, LLP
- Moss Adams LLP
- 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 Finance As A Service Market - By Type
1.3.2 Finance As A Service Market - By Organization Size
1.3.3 Finance As A Service Market - By End User
1.3.4 Finance As A Service Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FINANCE AS A SERVICE 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. FINANCE AS A SERVICE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FINANCE AS A SERVICE MARKET - GLOBAL MARKET ANALYSIS
6.1. FINANCE AS A SERVICE - GLOBAL MARKET OVERVIEW
6.2. FINANCE AS A SERVICE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. FINANCE AS A SERVICE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ACCOUNTING
7.3.1. Overview
7.3.2. Accounting Market Forecast and Analysis
7.4. AUDITING
7.4.1. Overview
7.4.2. Auditing Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. FINANCE AS A SERVICE MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION SIZE
8.1. OVERVIEW
8.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
8.3. SMES
8.3.1. Overview
8.3.2. SMEs Market Forecast and Analysis
8.4. LARGE ENTERPRISES
8.4.1. Overview
8.4.2. Large Enterprises Market Forecast and Analysis
9. FINANCE AS A SERVICE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. IT AND TELECOM
9.3.1. Overview
9.3.2. IT and Telecom Market Forecast and Analysis
9.4. MANUFACTURING
9.4.1. Overview
9.4.2. Manufacturing Market Forecast and Analysis
9.5. RETAIL
9.5.1. Overview
9.5.2. Retail Market Forecast and Analysis
9.6. CONSTRUCTION
9.6.1. Overview
9.6.2. Construction Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. FINANCE AS A SERVICE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Finance As A Service Market Overview
10.1.2 North America Finance As A Service Market Forecasts and Analysis
10.1.3 North America Finance As A Service Market Forecasts and Analysis - By Type
10.1.4 North America Finance As A Service Market Forecasts and Analysis - By Organization Size
10.1.5 North America Finance As A Service Market Forecasts and Analysis - By End User
10.1.6 North America Finance As A Service Market Forecasts and Analysis - By Countries
10.1.6.1 United States Finance As A Service Market
10.1.6.1.1 United States Finance As A Service Market by Type
10.1.6.1.2 United States Finance As A Service Market by Organization Size
10.1.6.1.3 United States Finance As A Service Market by End User
10.1.6.2 Canada Finance As A Service Market
10.1.6.2.1 Canada Finance As A Service Market by Type
10.1.6.2.2 Canada Finance As A Service Market by Organization Size
10.1.6.2.3 Canada Finance As A Service Market by End User
10.1.6.3 Mexico Finance As A Service Market
10.1.6.3.1 Mexico Finance As A Service Market by Type
10.1.6.3.2 Mexico Finance As A Service Market by Organization Size
10.1.6.3.3 Mexico Finance As A Service Market by End User
10.2. EUROPE
10.2.1 Europe Finance As A Service Market Overview
10.2.2 Europe Finance As A Service Market Forecasts and Analysis
10.2.3 Europe Finance As A Service Market Forecasts and Analysis - By Type
10.2.4 Europe Finance As A Service Market Forecasts and Analysis - By Organization Size
10.2.5 Europe Finance As A Service Market Forecasts and Analysis - By End User
10.2.6 Europe Finance As A Service Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Finance As A Service Market
10.2.6.1.1 Germany Finance As A Service Market by Type
10.2.6.1.2 Germany Finance As A Service Market by Organization Size
10.2.6.1.3 Germany Finance As A Service Market by End User
10.2.6.2 France Finance As A Service Market
10.2.6.2.1 France Finance As A Service Market by Type
10.2.6.2.2 France Finance As A Service Market by Organization Size
10.2.6.2.3 France Finance As A Service Market by End User
10.2.6.3 Italy Finance As A Service Market
10.2.6.3.1 Italy Finance As A Service Market by Type
10.2.6.3.2 Italy Finance As A Service Market by Organization Size
10.2.6.3.3 Italy Finance As A Service Market by End User
10.2.6.4 United Kingdom Finance As A Service Market
10.2.6.4.1 United Kingdom Finance As A Service Market by Type
10.2.6.4.2 United Kingdom Finance As A Service Market by Organization Size
10.2.6.4.3 United Kingdom Finance As A Service Market by End User
10.2.6.5 Russia Finance As A Service Market
10.2.6.5.1 Russia Finance As A Service Market by Type
10.2.6.5.2 Russia Finance As A Service Market by Organization Size
10.2.6.5.3 Russia Finance As A Service Market by End User
10.2.6.6 Rest of Europe Finance As A Service Market
10.2.6.6.1 Rest of Europe Finance As A Service Market by Type
10.2.6.6.2 Rest of Europe Finance As A Service Market by Organization Size
10.2.6.6.3 Rest of Europe Finance As A Service Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Finance As A Service Market Overview
10.3.2 Asia-Pacific Finance As A Service Market Forecasts and Analysis
10.3.3 Asia-Pacific Finance As A Service Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Finance As A Service Market Forecasts and Analysis - By Organization Size
10.3.5 Asia-Pacific Finance As A Service Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Finance As A Service Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Finance As A Service Market
10.3.6.1.1 Australia Finance As A Service Market by Type
10.3.6.1.2 Australia Finance As A Service Market by Organization Size
10.3.6.1.3 Australia Finance As A Service Market by End User
10.3.6.2 China Finance As A Service Market
10.3.6.2.1 China Finance As A Service Market by Type
10.3.6.2.2 China Finance As A Service Market by Organization Size
10.3.6.2.3 China Finance As A Service Market by End User
10.3.6.3 India Finance As A Service Market
10.3.6.3.1 India Finance As A Service Market by Type
10.3.6.3.2 India Finance As A Service Market by Organization Size
10.3.6.3.3 India Finance As A Service Market by End User
10.3.6.4 Japan Finance As A Service Market
10.3.6.4.1 Japan Finance As A Service Market by Type
10.3.6.4.2 Japan Finance As A Service Market by Organization Size
10.3.6.4.3 Japan Finance As A Service Market by End User
10.3.6.5 South Korea Finance As A Service Market
10.3.6.5.1 South Korea Finance As A Service Market by Type
10.3.6.5.2 South Korea Finance As A Service Market by Organization Size
10.3.6.5.3 South Korea Finance As A Service Market by End User
10.3.6.6 Rest of Asia-Pacific Finance As A Service Market
10.3.6.6.1 Rest of Asia-Pacific Finance As A Service Market by Type
10.3.6.6.2 Rest of Asia-Pacific Finance As A Service Market by Organization Size
10.3.6.6.3 Rest of Asia-Pacific Finance As A Service Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Finance As A Service Market Overview
10.4.2 Middle East and Africa Finance As A Service Market Forecasts and Analysis
10.4.3 Middle East and Africa Finance As A Service Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Finance As A Service Market Forecasts and Analysis - By Organization Size
10.4.5 Middle East and Africa Finance As A Service Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Finance As A Service Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Finance As A Service Market
10.4.6.1.1 South Africa Finance As A Service Market by Type
10.4.6.1.2 South Africa Finance As A Service Market by Organization Size
10.4.6.1.3 South Africa Finance As A Service Market by End User
10.4.6.2 Saudi Arabia Finance As A Service Market
10.4.6.2.1 Saudi Arabia Finance As A Service Market by Type
10.4.6.2.2 Saudi Arabia Finance As A Service Market by Organization Size
10.4.6.2.3 Saudi Arabia Finance As A Service Market by End User
10.4.6.3 U.A.E Finance As A Service Market
10.4.6.3.1 U.A.E Finance As A Service Market by Type
10.4.6.3.2 U.A.E Finance As A Service Market by Organization Size
10.4.6.3.3 U.A.E Finance As A Service Market by End User
10.4.6.4 Rest of Middle East and Africa Finance As A Service Market
10.4.6.4.1 Rest of Middle East and Africa Finance As A Service Market by Type
10.4.6.4.2 Rest of Middle East and Africa Finance As A Service Market by Organization Size
10.4.6.4.3 Rest of Middle East and Africa Finance As A Service Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Finance As A Service Market Overview
10.5.2 South and Central America Finance As A Service Market Forecasts and Analysis
10.5.3 South and Central America Finance As A Service Market Forecasts and Analysis - By Type
10.5.4 South and Central America Finance As A Service Market Forecasts and Analysis - By Organization Size
10.5.5 South and Central America Finance As A Service Market Forecasts and Analysis - By End User
10.5.6 South and Central America Finance As A Service Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Finance As A Service Market
10.5.6.1.1 Brazil Finance As A Service Market by Type
10.5.6.1.2 Brazil Finance As A Service Market by Organization Size
10.5.6.1.3 Brazil Finance As A Service Market by End User
10.5.6.2 Argentina Finance As A Service Market
10.5.6.2.1 Argentina Finance As A Service Market by Type
10.5.6.2.2 Argentina Finance As A Service Market by Organization Size
10.5.6.2.3 Argentina Finance As A Service Market by End User
10.5.6.3 Rest of South and Central America Finance As A Service Market
10.5.6.3.1 Rest of South and Central America Finance As A Service Market by Type
10.5.6.3.2 Rest of South and Central America Finance As A Service Market by Organization Size
10.5.6.3.3 Rest of South and Central America Finance As A Service Market by End User
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. FINANCE AS A SERVICE MARKET, KEY COMPANY PROFILES
12.1. DELOITTE TOUCHE TOHMATSU LIMITED
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. PWC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. ERNST AND YOUNG GLOBAL LIMITED
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. KPMG INTERNATIONAL LIMITED
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. BDO
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. RSM INTERNATIONAL LTD.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. GRANT THORNTON
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. NEXIA INTERNATIONAL LIMITED
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. BAKER TILLY US, LLP
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. MOSS ADAMS LLP
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1.Deloitte Touche Tohmatsu Limited
2.PwC
3.Ernst and Young Global Limited
4.KPMG International Limited
5.BDO
6.RSM International Ltd.
7.Grant Thornton
8.Nexia International Limited
9.Baker Tilly US, LLP
10.Moss Adams LLP
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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