Microsatellite Market Key Players Analysis 2031
The nature of conflicts has altered dramatically since the invention of technology. Defense agencies around the world want space capability to address the demand for more operationally responsive personnel for a variety of military purposes, including communication. Nano and microsatellites can give tactical enemy operations a lot of visibility. Aerial reconnaissance augmentation can benefit from quick access to near-real-time data and imagery. In times of crisis, nano and microsatellites can be quickly deployed to cover the vacuum in military operations. Furthermore, there has been a growth in the demand for satellite networks and services for commercial purposes as Satellite communications are expected to be a critical component of the 5G network.
MARKET SCOPE
The "Global Microsatellite Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Microsatellite market with detailed market segmentation by application, end user, component, satellite mass, frequency band, orbit, and geography. The report provides key statistics on the market status of the leading Microsatellite market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of offering, the market is segmented into HARDWARE, SOFTWARE and SERVICES
- On the basis of application, the market is segmented as communication, earth observation and remote sensing, scientific research, mapping and navigation, reconnaissance, and others.
- Based on end-users, the market is segmented into government, commercial, defense and energy &infrastructure.
MARKET DYNAMICS
Drivers:
- Growing need to monitor and maintain the growing number of devices launched.
- Presence of large market players offering advanced command and control solutions
Restraints:
- Complexities in the system due to unskilled workforce
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Microsatellite market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Microsatellite market in these regions
IMPACT OF COVID-19 ON MICROSATELLITE MARKET
The disruption in the global supply chain and falling due to the COVID-19 pandemic has left a drastic impact on the space industry from 2021 till 2021. While the well-established players in the satellite launch and development markets have been able to cope with the crisis, numerous small and medium-sized enterprises have struggled due to a limited number of suppliers and cash flow constraints. However, the major satellite fleets operating in space presently provide a broad range of a host of voice, data, and broadcast communications solutions along with navigation, earth observation, remote sensing, and other unique services crucial for a wide range of businesses and government customers worldwide. Therefore, the demand for microsatellites is expected to recover rapidly as major space programs and satellite launches have been scheduled for a broad variety of applications.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Microsatellite market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Microsatellite market in these regions
IMPACT OF COVID-19 ON MICROSATELLITE MARKET
The disruption in the global supply chain and falling due to the COVID-19 pandemic has left a drastic impact on the space industry from 2021 till 2021. While the well-established players in the satellite launch and development markets have been able to cope with the crisis, numerous small and medium-sized enterprises have struggled due to a limited number of suppliers and cash flow constraints. However, the major satellite fleets operating in space presently provide a broad range of a host of voice, data, and broadcast communications solutions along with navigation, earth observation, remote sensing, and other unique services crucial for a wide range of businesses and government customers worldwide. Therefore, the demand for microsatellites is expected to recover rapidly as major space programs and satellite launches have been scheduled for a broad variety of applications.
MARKET PLAYERS
The report covers key developments in the Microsatellite 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 the expansion of business and customer base of market players. The market payers from Microsatellite market are anticipated to lucrative growth opportunities in the future with the rising demand for Microsatellite in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Microsatellite market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
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
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 Microsatellite Market - By Offering
1.3.2 Microsatellite Market - By Application
1.3.3 Microsatellite Market - By End-Use
1.3.4 Microsatellite Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MICROSATELLITE 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. MICROSATELLITE 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. MICROSATELLITE MARKET - GLOBAL MARKET ANALYSIS
6.1. MICROSATELLITE - GLOBAL MARKET OVERVIEW
6.2. MICROSATELLITE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MICROSATELLITE MARKET - REVENUE AND FORECASTS TO 2028 - OFFERING
7.1. OVERVIEW
7.2. OFFERING MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
8. MICROSATELLITE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMUNICATION
8.3.1. Overview
8.3.2. Communication Market Forecast and Analysis
8.4. EARTH OBSERVATION AND REMOTE SENSING
8.4.1. Overview
8.4.2. Earth Observation and Remote Sensing Market Forecast and Analysis
8.5. SCIENTIFIC RESEARCH
8.5.1. Overview
8.5.2. Scientific Research Market Forecast and Analysis
8.6. MAPPING AND NAVIGATION
8.6.1. Overview
8.6.2. Mapping and Navigation Market Forecast and Analysis
8.7. RECONNAISSANCE
8.7.1. Overview
8.7.2. Reconnaissance Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. MICROSATELLITE MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
9.1. OVERVIEW
9.2. END-USE MARKET FORECASTS AND ANALYSIS
9.3. GOVERNMENT
9.3.1. Overview
9.3.2. Government Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
9.5. DEFENSE
9.5.1. Overview
9.5.2. Defense Market Forecast and Analysis
9.6. ENERGY AND INFRASTRUCTURE
9.6.1. Overview
9.6.2. Energy and Infrastructure Market Forecast and Analysis
10. MICROSATELLITE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Microsatellite Market Overview
10.1.2 North America Microsatellite Market Forecasts and Analysis
10.1.3 North America Microsatellite Market Forecasts and Analysis - By Offering
10.1.4 North America Microsatellite Market Forecasts and Analysis - By Application
10.1.5 North America Microsatellite Market Forecasts and Analysis - By End-Use
10.1.6 North America Microsatellite Market Forecasts and Analysis - By Countries
10.1.6.1 United States Microsatellite Market
10.1.6.1.1 United States Microsatellite Market by Offering
10.1.6.1.2 United States Microsatellite Market by Application
10.1.6.1.3 United States Microsatellite Market by End-Use
10.1.6.2 Canada Microsatellite Market
10.1.6.2.1 Canada Microsatellite Market by Offering
10.1.6.2.2 Canada Microsatellite Market by Application
10.1.6.2.3 Canada Microsatellite Market by End-Use
10.1.6.3 Mexico Microsatellite Market
10.1.6.3.1 Mexico Microsatellite Market by Offering
10.1.6.3.2 Mexico Microsatellite Market by Application
10.1.6.3.3 Mexico Microsatellite Market by End-Use
10.2. EUROPE
10.2.1 Europe Microsatellite Market Overview
10.2.2 Europe Microsatellite Market Forecasts and Analysis
10.2.3 Europe Microsatellite Market Forecasts and Analysis - By Offering
10.2.4 Europe Microsatellite Market Forecasts and Analysis - By Application
10.2.5 Europe Microsatellite Market Forecasts and Analysis - By End-Use
10.2.6 Europe Microsatellite Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Microsatellite Market
10.2.6.1.1 Germany Microsatellite Market by Offering
10.2.6.1.2 Germany Microsatellite Market by Application
10.2.6.1.3 Germany Microsatellite Market by End-Use
10.2.6.2 France Microsatellite Market
10.2.6.2.1 France Microsatellite Market by Offering
10.2.6.2.2 France Microsatellite Market by Application
10.2.6.2.3 France Microsatellite Market by End-Use
10.2.6.3 Italy Microsatellite Market
10.2.6.3.1 Italy Microsatellite Market by Offering
10.2.6.3.2 Italy Microsatellite Market by Application
10.2.6.3.3 Italy Microsatellite Market by End-Use
10.2.6.4 United Kingdom Microsatellite Market
10.2.6.4.1 United Kingdom Microsatellite Market by Offering
10.2.6.4.2 United Kingdom Microsatellite Market by Application
10.2.6.4.3 United Kingdom Microsatellite Market by End-Use
10.2.6.5 Rest of Europe Microsatellite Market
10.2.6.5.1 Rest of Europe Microsatellite Market by Offering
10.2.6.5.2 Rest of Europe Microsatellite Market by Application
10.2.6.5.3 Rest of Europe Microsatellite Market by End-Use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Microsatellite Market Overview
10.3.2 Asia-Pacific Microsatellite Market Forecasts and Analysis
10.3.3 Asia-Pacific Microsatellite Market Forecasts and Analysis - By Offering
10.3.4 Asia-Pacific Microsatellite Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Microsatellite Market Forecasts and Analysis - By End-Use
10.3.6 Asia-Pacific Microsatellite Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Microsatellite Market
10.3.6.1.1 Australia Microsatellite Market by Offering
10.3.6.1.2 Australia Microsatellite Market by Application
10.3.6.1.3 Australia Microsatellite Market by End-Use
10.3.6.2 China Microsatellite Market
10.3.6.2.1 China Microsatellite Market by Offering
10.3.6.2.2 China Microsatellite Market by Application
10.3.6.2.3 China Microsatellite Market by End-Use
10.3.6.3 India Microsatellite Market
10.3.6.3.1 India Microsatellite Market by Offering
10.3.6.3.2 India Microsatellite Market by Application
10.3.6.3.3 India Microsatellite Market by End-Use
10.3.6.4 Japan Microsatellite Market
10.3.6.4.1 Japan Microsatellite Market by Offering
10.3.6.4.2 Japan Microsatellite Market by Application
10.3.6.4.3 Japan Microsatellite Market by End-Use
10.3.6.5 South Korea Microsatellite Market
10.3.6.5.1 South Korea Microsatellite Market by Offering
10.3.6.5.2 South Korea Microsatellite Market by Application
10.3.6.5.3 South Korea Microsatellite Market by End-Use
10.3.6.6 Rest of Asia-Pacific Microsatellite Market
10.3.6.6.1 Rest of Asia-Pacific Microsatellite Market by Offering
10.3.6.6.2 Rest of Asia-Pacific Microsatellite Market by Application
10.3.6.6.3 Rest of Asia-Pacific Microsatellite Market by End-Use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Microsatellite Market Overview
10.4.2 Middle East and Africa Microsatellite Market Forecasts and Analysis
10.4.3 Middle East and Africa Microsatellite Market Forecasts and Analysis - By Offering
10.4.4 Middle East and Africa Microsatellite Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Microsatellite Market Forecasts and Analysis - By End-Use
10.4.6 Middle East and Africa Microsatellite Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Microsatellite Market
10.4.6.1.1 South Africa Microsatellite Market by Offering
10.4.6.1.2 South Africa Microsatellite Market by Application
10.4.6.1.3 South Africa Microsatellite Market by End-Use
10.4.6.2 Saudi Arabia Microsatellite Market
10.4.6.2.1 Saudi Arabia Microsatellite Market by Offering
10.4.6.2.2 Saudi Arabia Microsatellite Market by Application
10.4.6.2.3 Saudi Arabia Microsatellite Market by End-Use
10.4.6.3 U.A.E Microsatellite Market
10.4.6.3.1 U.A.E Microsatellite Market by Offering
10.4.6.3.2 U.A.E Microsatellite Market by Application
10.4.6.3.3 U.A.E Microsatellite Market by End-Use
10.4.6.4 Rest of Middle East and Africa Microsatellite Market
10.4.6.4.1 Rest of Middle East and Africa Microsatellite Market by Offering
10.4.6.4.2 Rest of Middle East and Africa Microsatellite Market by Application
10.4.6.4.3 Rest of Middle East and Africa Microsatellite Market by End-Use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Microsatellite Market Overview
10.5.2 South and Central America Microsatellite Market Forecasts and Analysis
10.5.3 South and Central America Microsatellite Market Forecasts and Analysis - By Offering
10.5.4 South and Central America Microsatellite Market Forecasts and Analysis - By Application
10.5.5 South and Central America Microsatellite Market Forecasts and Analysis - By End-Use
10.5.6 South and Central America Microsatellite Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Microsatellite Market
10.5.6.1.1 Brazil Microsatellite Market by Offering
10.5.6.1.2 Brazil Microsatellite Market by Application
10.5.6.1.3 Brazil Microsatellite Market by End-Use
10.5.6.2 Argentina Microsatellite Market
10.5.6.2.1 Argentina Microsatellite Market by Offering
10.5.6.2.2 Argentina Microsatellite Market by Application
10.5.6.2.3 Argentina Microsatellite Market by End-Use
10.5.6.3 Rest of South and Central America Microsatellite Market
10.5.6.3.1 Rest of South and Central America Microsatellite Market by Offering
10.5.6.3.2 Rest of South and Central America Microsatellite Market by Application
10.5.6.3.3 Rest of South and Central America Microsatellite Market by End-Use
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. MICROSATELLITE MARKET, KEY COMPANY PROFILES
12.1. AAC CLYDE SPACE.
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. AXELSPACE CORPORATION
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. BERLIN SPACE TECHNOLOGIES
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. GOMSPACE
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. L3HARRIS TECHNOLOGIES INC.
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. LOCKHEED MARTIN CORPORATION.
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. PLANET LABS TB INC.
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. SPACEQUEST LTD.
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. SPIRE INC.
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. SURREY SATELLITE TECHNOLOGY
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.AAC Clyde Space.
2.Axelspace Corporation
3.Berlin Space Technologies
4.GomSpace
5.L3Harris Technologies Inc.
6.Lockheed Martin Corporation.
7.Planet Labs Tb Inc.
8.Spacequest Ltd.
9.Spire Inc.
10.Surrey Satellite Technology
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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