Mobile Virtual Network Operator (MVNO) Market Share 2031
The Mobile Virtual Network Operator (MVNO) Market is expected to register a CAGR of 8.7% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The MVNO Market report provides detailed segmenting based on service type, business model, and by region. The regional breakdown showcases the key markets and countries of the world, hence providing a global view. The market has been valued in US dollars (US$) to provide market dynamic growth trends and competitive landscapes across various segments. This, in turn, will help stakeholders identify opportunities and make informed decisions in the growing MVNO industry.
Purpose of the ReportThe report Mobile Virtual Network Operator (MVNO) Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Mobile Virtual Network Operator (MVNO) Market Segmentation
Type- Business
- Discount
- Cellular M2M
- Media
- Migrant
- Retail
- Roaming
- Telecom
- Reseller MVNO
- Service Operator MVNO
- Full MVNO
- Business and Consumer
- 4G MVNO
- 5G MVNO
- 4G MVNO
- 5G MVNO
Strategic Insights
Mobile Virtual Network Operator (MVNO) Market Growth Drivers- Data-driven mobile use: Growth in data-driven mobile use, and a trend toward SIM-only contracts, further supports MVNO growth as customers take advantage of the ability to choose plans tailored to their needs.
- Expansion of 5G technology: the expansion of 5G technology will provide more ways to MVNOs for offering value-added services and differentiate them.
- Favorable Regulations: Favorable regulatory conditions and auspicious conditions of MVNOs are also some of the factors contributing to the mobile virtual network operator market growth.
- personalized offerings: The future trends in the MVNO market will be focused on personalized offerings, with most of the operators targeting either a certain demographic or interests, such as youth, seniors, or environmentally conscious consumers.
- Integration of value-added services: Integration of value-added services into the offerings, such as streaming and cloud storage, is becoming common while MVNOs try to increase customer loyalty.
- partnerships among MVNOs: Alongside, recent partnerships among MVNOs and other companies giving way to new services. With advanced analytics, this market is gaining traction. Moreover, the increased sustainability mandate has added pressure on companies for environmentally friendly MVNO services, likely to support mobile virtual network operators market share in coming decade
- Tailored pricing plans: The Mobile Virtual Network Operator market is on the rise and is anticipated to grow up to a US$100 billion mark by 2025, with consumer interest in flexible, low-cost mobile services. This opens up a rare chance for entrepreneurs to launch smaller MVNOs targeting select demographics-youth or seniors-which can offer tailored pricing plans and services in areas where major carriers have fallen short.
- Target certain markets: MVNOs that target certain markets, such as family plans and prepaid services, receive a lot of support and begin to capture large shares of the market. To increase their market presence without having to shoulder the burden of significant infrastructure expenditure, telecom operators may be able to deliberately establish partnerships with MVNOs at this time, which could result in improved services and more revenue potential.
- key platforms for customer management: While doing this, technology companies can develop key platforms for customer management and billing solutions that are essential to scalability. Besides all these, there is no doubt that MVNOs will also continue to provide superior services, offering competitive pricing that appeals to technology-savvy consumers as 5G technology improves. Furthermore, the need for such bundled services, such as mobile data combined with streaming or cloud storage, is expected to increase at an even faster pace in this dynamic field.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Mobile Virtual Network Operator (MVNO) Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Mobile Virtual Network Operator (MVNO) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
Key players in mobility on demand market are - Avis Budget Group, Delphi Automotive PLC, Ford Motor Company, General Motors Company, IBM, Intel Corporation (Moovit Inc), Robert Bosch GmbH, Tomtom NV, Toyota Motor Corporation, Uber Technologies, Inc
Future trends include the emergence of niche MVNOs targeting specific demographics and the integration of 5G technology for enhanced service offerings. Bundled services combining mobile data with streaming and cloud storage will become more prevalent, appealing to diverse consumer needs.
The market is expected to register a CAGR of 8.7% during 2023-2031
Driving factors for the MVNO market include demand related to flexible and economical mobile services. Market growth is powered by increasing consumer demand for niche and family plans, while partnerships with providers of telecommunication services provide MVNOs with opportunities for expanding their reach without the heavy costs of building an infrastructure base.
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 Mobile Virtual Network Operator Market - By Operational Model
1.3.2 Mobile Virtual Network Operator Market - By Type
1.3.3 Mobile Virtual Network Operator Market - By Subscriber
1.3.4 Mobile Virtual Network Operator Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MOBILE VIRTUAL NETWORK OPERATOR 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. MOBILE VIRTUAL NETWORK OPERATOR 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. MOBILE VIRTUAL NETWORK OPERATOR MARKET - GLOBAL MARKET ANALYSIS
6.1. MOBILE VIRTUAL NETWORK OPERATOR - GLOBAL MARKET OVERVIEW
6.2. MOBILE VIRTUAL NETWORK OPERATOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MOBILE VIRTUAL NETWORK OPERATOR MARKET - REVENUE AND FORECASTS TO 2028 - OPERATIONAL MODEL
7.1. OVERVIEW
7.2. OPERATIONAL MODEL MARKET FORECASTS AND ANALYSIS
7.3. RESELLER MVNO
7.3.1. Overview
7.3.2. Reseller MVNO Market Forecast and Analysis
7.4. SERVICE OPERATOR MVNO
7.4.1. Overview
7.4.2. Service Operator MVNO Market Forecast and Analysis
7.5. FULL-MVNO
7.5.1. Overview
7.5.2. Full-MVNO Market Forecast and Analysis
8. MOBILE VIRTUAL NETWORK OPERATOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. BUSINESS
8.3.1. Overview
8.3.2. Business Market Forecast and Analysis
8.4. DISCOUNT
8.4.1. Overview
8.4.2. Discount Market Forecast and Analysis
8.5. CELLULAR M2M
8.5.1. Overview
8.5.2. Cellular M2M Market Forecast and Analysis
8.6. MEDIA
8.6.1. Overview
8.6.2. Media Market Forecast and Analysis
8.7. MIGRANT
8.7.1. Overview
8.7.2. Migrant Market Forecast and Analysis
8.8. RETAIL
8.8.1. Overview
8.8.2. Retail Market Forecast and Analysis
8.9. ROAMING
8.9.1. Overview
8.9.2. Roaming Market Forecast and Analysis
8.10. TELECOM
8.10.1. Overview
8.10.2. Telecom Market Forecast and Analysis
9. MOBILE VIRTUAL NETWORK OPERATOR MARKET - REVENUE AND FORECASTS TO 2028 - SUBSCRIBER
9.1. OVERVIEW
9.2. SUBSCRIBER MARKET FORECASTS AND ANALYSIS
9.3. BUSINESS
9.3.1. Overview
9.3.2. Business Market Forecast and Analysis
9.4. CONSUMER
9.4.1. Overview
9.4.2. Consumer Market Forecast and Analysis
10. MOBILE VIRTUAL NETWORK OPERATOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Mobile Virtual Network Operator Market Overview
10.1.2 North America Mobile Virtual Network Operator Market Forecasts and Analysis
10.1.3 North America Mobile Virtual Network Operator Market Forecasts and Analysis - By Operational Model
10.1.4 North America Mobile Virtual Network Operator Market Forecasts and Analysis - By Type
10.1.5 North America Mobile Virtual Network Operator Market Forecasts and Analysis - By Subscriber
10.1.6 North America Mobile Virtual Network Operator Market Forecasts and Analysis - By Countries
10.1.6.1 United States Mobile Virtual Network Operator Market
10.1.6.1.1 United States Mobile Virtual Network Operator Market by Operational Model
10.1.6.1.2 United States Mobile Virtual Network Operator Market by Type
10.1.6.1.3 United States Mobile Virtual Network Operator Market by Subscriber
10.1.6.2 Canada Mobile Virtual Network Operator Market
10.1.6.2.1 Canada Mobile Virtual Network Operator Market by Operational Model
10.1.6.2.2 Canada Mobile Virtual Network Operator Market by Type
10.1.6.2.3 Canada Mobile Virtual Network Operator Market by Subscriber
10.1.6.3 Mexico Mobile Virtual Network Operator Market
10.1.6.3.1 Mexico Mobile Virtual Network Operator Market by Operational Model
10.1.6.3.2 Mexico Mobile Virtual Network Operator Market by Type
10.1.6.3.3 Mexico Mobile Virtual Network Operator Market by Subscriber
10.2. EUROPE
10.2.1 Europe Mobile Virtual Network Operator Market Overview
10.2.2 Europe Mobile Virtual Network Operator Market Forecasts and Analysis
10.2.3 Europe Mobile Virtual Network Operator Market Forecasts and Analysis - By Operational Model
10.2.4 Europe Mobile Virtual Network Operator Market Forecasts and Analysis - By Type
10.2.5 Europe Mobile Virtual Network Operator Market Forecasts and Analysis - By Subscriber
10.2.6 Europe Mobile Virtual Network Operator Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Mobile Virtual Network Operator Market
10.2.6.1.1 Germany Mobile Virtual Network Operator Market by Operational Model
10.2.6.1.2 Germany Mobile Virtual Network Operator Market by Type
10.2.6.1.3 Germany Mobile Virtual Network Operator Market by Subscriber
10.2.6.2 France Mobile Virtual Network Operator Market
10.2.6.2.1 France Mobile Virtual Network Operator Market by Operational Model
10.2.6.2.2 France Mobile Virtual Network Operator Market by Type
10.2.6.2.3 France Mobile Virtual Network Operator Market by Subscriber
10.2.6.3 Italy Mobile Virtual Network Operator Market
10.2.6.3.1 Italy Mobile Virtual Network Operator Market by Operational Model
10.2.6.3.2 Italy Mobile Virtual Network Operator Market by Type
10.2.6.3.3 Italy Mobile Virtual Network Operator Market by Subscriber
10.2.6.4 United Kingdom Mobile Virtual Network Operator Market
10.2.6.4.1 United Kingdom Mobile Virtual Network Operator Market by Operational Model
10.2.6.4.2 United Kingdom Mobile Virtual Network Operator Market by Type
10.2.6.4.3 United Kingdom Mobile Virtual Network Operator Market by Subscriber
10.2.6.5 Russia Mobile Virtual Network Operator Market
10.2.6.5.1 Russia Mobile Virtual Network Operator Market by Operational Model
10.2.6.5.2 Russia Mobile Virtual Network Operator Market by Type
10.2.6.5.3 Russia Mobile Virtual Network Operator Market by Subscriber
10.2.6.6 Rest of Europe Mobile Virtual Network Operator Market
10.2.6.6.1 Rest of Europe Mobile Virtual Network Operator Market by Operational Model
10.2.6.6.2 Rest of Europe Mobile Virtual Network Operator Market by Type
10.2.6.6.3 Rest of Europe Mobile Virtual Network Operator Market by Subscriber
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Mobile Virtual Network Operator Market Overview
10.3.2 Asia-Pacific Mobile Virtual Network Operator Market Forecasts and Analysis
10.3.3 Asia-Pacific Mobile Virtual Network Operator Market Forecasts and Analysis - By Operational Model
10.3.4 Asia-Pacific Mobile Virtual Network Operator Market Forecasts and Analysis - By Type
10.3.5 Asia-Pacific Mobile Virtual Network Operator Market Forecasts and Analysis - By Subscriber
10.3.6 Asia-Pacific Mobile Virtual Network Operator Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Mobile Virtual Network Operator Market
10.3.6.1.1 Australia Mobile Virtual Network Operator Market by Operational Model
10.3.6.1.2 Australia Mobile Virtual Network Operator Market by Type
10.3.6.1.3 Australia Mobile Virtual Network Operator Market by Subscriber
10.3.6.2 China Mobile Virtual Network Operator Market
10.3.6.2.1 China Mobile Virtual Network Operator Market by Operational Model
10.3.6.2.2 China Mobile Virtual Network Operator Market by Type
10.3.6.2.3 China Mobile Virtual Network Operator Market by Subscriber
10.3.6.3 India Mobile Virtual Network Operator Market
10.3.6.3.1 India Mobile Virtual Network Operator Market by Operational Model
10.3.6.3.2 India Mobile Virtual Network Operator Market by Type
10.3.6.3.3 India Mobile Virtual Network Operator Market by Subscriber
10.3.6.4 Japan Mobile Virtual Network Operator Market
10.3.6.4.1 Japan Mobile Virtual Network Operator Market by Operational Model
10.3.6.4.2 Japan Mobile Virtual Network Operator Market by Type
10.3.6.4.3 Japan Mobile Virtual Network Operator Market by Subscriber
10.3.6.5 South Korea Mobile Virtual Network Operator Market
10.3.6.5.1 South Korea Mobile Virtual Network Operator Market by Operational Model
10.3.6.5.2 South Korea Mobile Virtual Network Operator Market by Type
10.3.6.5.3 South Korea Mobile Virtual Network Operator Market by Subscriber
10.3.6.6 Rest of Asia-Pacific Mobile Virtual Network Operator Market
10.3.6.6.1 Rest of Asia-Pacific Mobile Virtual Network Operator Market by Operational Model
10.3.6.6.2 Rest of Asia-Pacific Mobile Virtual Network Operator Market by Type
10.3.6.6.3 Rest of Asia-Pacific Mobile Virtual Network Operator Market by Subscriber
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Mobile Virtual Network Operator Market Overview
10.4.2 Middle East and Africa Mobile Virtual Network Operator Market Forecasts and Analysis
10.4.3 Middle East and Africa Mobile Virtual Network Operator Market Forecasts and Analysis - By Operational Model
10.4.4 Middle East and Africa Mobile Virtual Network Operator Market Forecasts and Analysis - By Type
10.4.5 Middle East and Africa Mobile Virtual Network Operator Market Forecasts and Analysis - By Subscriber
10.4.6 Middle East and Africa Mobile Virtual Network Operator Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Mobile Virtual Network Operator Market
10.4.6.1.1 South Africa Mobile Virtual Network Operator Market by Operational Model
10.4.6.1.2 South Africa Mobile Virtual Network Operator Market by Type
10.4.6.1.3 South Africa Mobile Virtual Network Operator Market by Subscriber
10.4.6.2 Saudi Arabia Mobile Virtual Network Operator Market
10.4.6.2.1 Saudi Arabia Mobile Virtual Network Operator Market by Operational Model
10.4.6.2.2 Saudi Arabia Mobile Virtual Network Operator Market by Type
10.4.6.2.3 Saudi Arabia Mobile Virtual Network Operator Market by Subscriber
10.4.6.3 U.A.E Mobile Virtual Network Operator Market
10.4.6.3.1 U.A.E Mobile Virtual Network Operator Market by Operational Model
10.4.6.3.2 U.A.E Mobile Virtual Network Operator Market by Type
10.4.6.3.3 U.A.E Mobile Virtual Network Operator Market by Subscriber
10.4.6.4 Rest of Middle East and Africa Mobile Virtual Network Operator Market
10.4.6.4.1 Rest of Middle East and Africa Mobile Virtual Network Operator Market by Operational Model
10.4.6.4.2 Rest of Middle East and Africa Mobile Virtual Network Operator Market by Type
10.4.6.4.3 Rest of Middle East and Africa Mobile Virtual Network Operator Market by Subscriber
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Mobile Virtual Network Operator Market Overview
10.5.2 South and Central America Mobile Virtual Network Operator Market Forecasts and Analysis
10.5.3 South and Central America Mobile Virtual Network Operator Market Forecasts and Analysis - By Operational Model
10.5.4 South and Central America Mobile Virtual Network Operator Market Forecasts and Analysis - By Type
10.5.5 South and Central America Mobile Virtual Network Operator Market Forecasts and Analysis - By Subscriber
10.5.6 South and Central America Mobile Virtual Network Operator Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Mobile Virtual Network Operator Market
10.5.6.1.1 Brazil Mobile Virtual Network Operator Market by Operational Model
10.5.6.1.2 Brazil Mobile Virtual Network Operator Market by Type
10.5.6.1.3 Brazil Mobile Virtual Network Operator Market by Subscriber
10.5.6.2 Argentina Mobile Virtual Network Operator Market
10.5.6.2.1 Argentina Mobile Virtual Network Operator Market by Operational Model
10.5.6.2.2 Argentina Mobile Virtual Network Operator Market by Type
10.5.6.2.3 Argentina Mobile Virtual Network Operator Market by Subscriber
10.5.6.3 Rest of South and Central America Mobile Virtual Network Operator Market
10.5.6.3.1 Rest of South and Central America Mobile Virtual Network Operator Market by Operational Model
10.5.6.3.2 Rest of South and Central America Mobile Virtual Network Operator Market by Type
10.5.6.3.3 Rest of South and Central America Mobile Virtual Network Operator Market by Subscriber
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. MOBILE VIRTUAL NETWORK OPERATOR MARKET, KEY COMPANY PROFILES
12.1. AT&T INC.
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. GIFFGAFF
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. INFOBIP LTD.
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. LEBARA
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. LYCAMOBILE
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. KDDI 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. POSTEPAY S.P.A.
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. TRACFONE
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. TRUPHONE LIMITED
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. VERIZON
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
The List of Companies
1.AT&T Inc.
2.giffgaff
3.Infobip ltd.
4.Lebara
5.Lycamobile
6.KDDI Corporation
7.PostePay S.p.A.
8.TRACFONE
9.Truphone Limited
10.Verizon
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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