Hardware-based Full Disk Encryption Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Hardware-based Full Disk Encryption Market covers analysis By Product Type (External HDD, Internal HDD, Solid-state Drive); Application (Consumer electronics, IT and Telecom, Healthcare, Aerospace and Defense, Transportation, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00021274
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Hardware-based Full Disk Encryption Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

Hardware-based full disk encryption is available from majority of hard disk drive vendors. The hardware FDE has two main components i.e. data store and hardware encryptor. Now-a-days four hardware FDE are in use they are, HDD FDE, removable hard drive FDE, bridge and chipset FDE, enclosed hard disk drive. The systemic encryption key is kept and maintained independently from desktop CPU which allows the complete data store to be encrypted and removing computer memory as a potential attack vector. The key market drivers for the market are, rising applications of hardware encryption in various industry vertical and rising demand for digital content, smartphones.

MARKET DYNAMICS

The key market drivers for hardware-based full disk encryption market are, growing demand for online and digital content, growing demand for smartphones and laptops, integration of novel technologies such as, cloud computing, IOT and industrial automation. Moreover, growing application of hardware encryption in army and defense sector for secure communication is likely to fuel the market growth during the forecast period. Whereas, high cost associated with hardware encryption is expected to restrain market growth during the forecast period.

MARKET SCOPE

The "Global Hardware-based Full Disk Encryption Market Analysis to 2031" is a specialized and in-depth study of the hardware-based full disk encryption Market with a special focus on the global market trend analysis. The report aims to provide an overview of hardware-based full disk encryption market with detailed market segmentation by product type and application. The global hardware-based full disk encryption market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hardware-based full disk encryption market player and offers key trends and opportunities in the hardware-based full disk encryption market.

MARKET SEGMENTATION

The global hardware-based full disk encryption market is segmented on the basis of product type and application. On the basis of product type the market is segmented as, external HDD, internal HDD, solid state drive. And on the basis of application the market is segmented as, consumer electronics, IT and telecom, healthcare, Aerospace, transportation 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 hardware-based full disk encryption 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 hardware-based full disk encryption 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 hardware-based full disk encryption 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 hardware-based full disk encryption market in these regions.

World Geography

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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 hardware-based full disk encryption 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 hardware-based full disk encryption 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 hardware-based full disk encryption 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 hardware-based full disk encryption market in these regions.

MARKET PLAYERS

The reports cover key developments in the hardware-based full disk encryption market 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 hardware-based full disk encryption market are anticipated to lucrative growth opportunities in the future with the rising demand for hardware-based full disk encryption market. Below mentioned is the list of few companies engaged in the hardware-based full disk encryption market.

The report also includes the profiles of key hardware-based full disk encryption 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.

  •   Western Digital Corp
  •   Samsung Electronics Co. Ltd
  •   Micron Technology Inc
  •   NetApp
  •   Kingston Technology Corp
  •   Seagate Technology PLC
  •   KIOXIA
  •   Kanguru Solutions
  •   Intel
  •   Maxim Integrated Products, Inc

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
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 Hardware-based Full Disk Encryption Market - By Product Type
1.3.2 Hardware-based Full Disk Encryption Market - By Application
1.3.3 Hardware-based Full Disk Encryption Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. HARDWARE-BASED FULL DISK ENCRYPTION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. HARDWARE-BASED FULL DISK ENCRYPTION 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. HARDWARE-BASED FULL DISK ENCRYPTION MARKET - GLOBAL MARKET ANALYSIS
6.1. HARDWARE-BASED FULL DISK ENCRYPTION - GLOBAL MARKET OVERVIEW
6.2. HARDWARE-BASED FULL DISK ENCRYPTION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. HARDWARE-BASED FULL DISK ENCRYPTION MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. EXTERNAL HDD
7.3.1. Overview
7.3.2. External HDD Market Forecast and Analysis
7.4. INTERNAL HDD
7.4.1. Overview
7.4.2. Internal HDD Market Forecast and Analysis
7.5. SOLID-STATE DRIVE
7.5.1. Overview
7.5.2. Solid-state Drive Market Forecast and Analysis
8. HARDWARE-BASED FULL DISK ENCRYPTION MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CONSUMER ELECTRONICS
8.3.1. Overview
8.3.2. Consumer electronics Market Forecast and Analysis
8.4. IT AND TELECOM
8.4.1. Overview
8.4.2. IT and Telecom Market Forecast and Analysis
8.5. HEALTHCARE
8.5.1. Overview
8.5.2. Healthcare Market Forecast and Analysis
8.6. AEROSPACE AND DEFENSE
8.6.1. Overview
8.6.2. Aerospace and Defense Market Forecast and Analysis
8.7. TRANSPORTATION
8.7.1. Overview
8.7.2. Transportation Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis

9. HARDWARE-BASED FULL DISK ENCRYPTION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hardware-based Full Disk Encryption Market Overview
9.1.2 North America Hardware-based Full Disk Encryption Market Forecasts and Analysis
9.1.3 North America Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Product Type
9.1.4 North America Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Application
9.1.5 North America Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Countries
9.1.5.1 United States Hardware-based Full Disk Encryption Market
9.1.5.1.1 United States Hardware-based Full Disk Encryption Market by Product Type
9.1.5.1.2 United States Hardware-based Full Disk Encryption Market by Application
9.1.5.2 Canada Hardware-based Full Disk Encryption Market
9.1.5.2.1 Canada Hardware-based Full Disk Encryption Market by Product Type
9.1.5.2.2 Canada Hardware-based Full Disk Encryption Market by Application
9.1.5.3 Mexico Hardware-based Full Disk Encryption Market
9.1.5.3.1 Mexico Hardware-based Full Disk Encryption Market by Product Type
9.1.5.3.2 Mexico Hardware-based Full Disk Encryption Market by Application
9.2. EUROPE
9.2.1 Europe Hardware-based Full Disk Encryption Market Overview
9.2.2 Europe Hardware-based Full Disk Encryption Market Forecasts and Analysis
9.2.3 Europe Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Product Type
9.2.4 Europe Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Application
9.2.5 Europe Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hardware-based Full Disk Encryption Market
9.2.5.1.1 Germany Hardware-based Full Disk Encryption Market by Product Type
9.2.5.1.2 Germany Hardware-based Full Disk Encryption Market by Application
9.2.5.2 France Hardware-based Full Disk Encryption Market
9.2.5.2.1 France Hardware-based Full Disk Encryption Market by Product Type
9.2.5.2.2 France Hardware-based Full Disk Encryption Market by Application
9.2.5.3 Italy Hardware-based Full Disk Encryption Market
9.2.5.3.1 Italy Hardware-based Full Disk Encryption Market by Product Type
9.2.5.3.2 Italy Hardware-based Full Disk Encryption Market by Application
9.2.5.4 United Kingdom Hardware-based Full Disk Encryption Market
9.2.5.4.1 United Kingdom Hardware-based Full Disk Encryption Market by Product Type
9.2.5.4.2 United Kingdom Hardware-based Full Disk Encryption Market by Application
9.2.5.5 Russia Hardware-based Full Disk Encryption Market
9.2.5.5.1 Russia Hardware-based Full Disk Encryption Market by Product Type
9.2.5.5.2 Russia Hardware-based Full Disk Encryption Market by Application
9.2.5.6 Rest of Europe Hardware-based Full Disk Encryption Market
9.2.5.6.1 Rest of Europe Hardware-based Full Disk Encryption Market by Product Type
9.2.5.6.2 Rest of Europe Hardware-based Full Disk Encryption Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hardware-based Full Disk Encryption Market Overview
9.3.2 Asia-Pacific Hardware-based Full Disk Encryption Market Forecasts and Analysis
9.3.3 Asia-Pacific Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hardware-based Full Disk Encryption Market
9.3.5.1.1 Australia Hardware-based Full Disk Encryption Market by Product Type
9.3.5.1.2 Australia Hardware-based Full Disk Encryption Market by Application
9.3.5.2 China Hardware-based Full Disk Encryption Market
9.3.5.2.1 China Hardware-based Full Disk Encryption Market by Product Type
9.3.5.2.2 China Hardware-based Full Disk Encryption Market by Application
9.3.5.3 India Hardware-based Full Disk Encryption Market
9.3.5.3.1 India Hardware-based Full Disk Encryption Market by Product Type
9.3.5.3.2 India Hardware-based Full Disk Encryption Market by Application
9.3.5.4 Japan Hardware-based Full Disk Encryption Market
9.3.5.4.1 Japan Hardware-based Full Disk Encryption Market by Product Type
9.3.5.4.2 Japan Hardware-based Full Disk Encryption Market by Application
9.3.5.5 South Korea Hardware-based Full Disk Encryption Market
9.3.5.5.1 South Korea Hardware-based Full Disk Encryption Market by Product Type
9.3.5.5.2 South Korea Hardware-based Full Disk Encryption Market by Application
9.3.5.6 Rest of Asia-Pacific Hardware-based Full Disk Encryption Market
9.3.5.6.1 Rest of Asia-Pacific Hardware-based Full Disk Encryption Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Hardware-based Full Disk Encryption Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hardware-based Full Disk Encryption Market Overview
9.4.2 Middle East and Africa Hardware-based Full Disk Encryption Market Forecasts and Analysis
9.4.3 Middle East and Africa Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hardware-based Full Disk Encryption Market
9.4.5.1.1 South Africa Hardware-based Full Disk Encryption Market by Product Type
9.4.5.1.2 South Africa Hardware-based Full Disk Encryption Market by Application
9.4.5.2 Saudi Arabia Hardware-based Full Disk Encryption Market
9.4.5.2.1 Saudi Arabia Hardware-based Full Disk Encryption Market by Product Type
9.4.5.2.2 Saudi Arabia Hardware-based Full Disk Encryption Market by Application
9.4.5.3 U.A.E Hardware-based Full Disk Encryption Market
9.4.5.3.1 U.A.E Hardware-based Full Disk Encryption Market by Product Type
9.4.5.3.2 U.A.E Hardware-based Full Disk Encryption Market by Application
9.4.5.4 Rest of Middle East and Africa Hardware-based Full Disk Encryption Market
9.4.5.4.1 Rest of Middle East and Africa Hardware-based Full Disk Encryption Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Hardware-based Full Disk Encryption Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hardware-based Full Disk Encryption Market Overview
9.5.2 South and Central America Hardware-based Full Disk Encryption Market Forecasts and Analysis
9.5.3 South and Central America Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Application
9.5.5 South and Central America Hardware-based Full Disk Encryption Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hardware-based Full Disk Encryption Market
9.5.5.1.1 Brazil Hardware-based Full Disk Encryption Market by Product Type
9.5.5.1.2 Brazil Hardware-based Full Disk Encryption Market by Application
9.5.5.2 Argentina Hardware-based Full Disk Encryption Market
9.5.5.2.1 Argentina Hardware-based Full Disk Encryption Market by Product Type
9.5.5.2.2 Argentina Hardware-based Full Disk Encryption Market by Application
9.5.5.3 Rest of South and Central America Hardware-based Full Disk Encryption Market
9.5.5.3.1 Rest of South and Central America Hardware-based Full Disk Encryption Market by Product Type
9.5.5.3.2 Rest of South and Central America Hardware-based Full Disk Encryption 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. HARDWARE-BASED FULL DISK ENCRYPTION MARKET, KEY COMPANY PROFILES
11.1. WESTERN DIGITAL CORP
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. SAMSUNG ELECTRONICS CO. LTD
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. MICRON TECHNOLOGY 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. NETAPP
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. KINGSTON TECHNOLOGY CORP
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. SEAGATE TECHNOLOGY PLC
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. KIOXIA
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. KANGURU SOLUTIONS
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. INTEL
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. MAXIM INTEGRATED PRODUCTS, 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. Western Digital Corp
2. Samsung Electronics Co. Ltd
3. Micron Technology Inc
4. NetApp
5. Kingston Technology Corp
6. Seagate Technology PLC
7. KIOXIA
8. Kanguru Solutions
9. Intel
10. Maxim Integrated Products, 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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