Offshore Drilling Market Size & CAGR (2023-2031)
The Offshore Drilling Market is expected to register a CAGR of 6.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Rig Type (Jackups, Semi-Submersibles, Drill Ships, Others). The report further presents analysis based on the Water Depth (Shallow Water, Deepwater, Ultra-Deepwater). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Offshore Drilling 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.
Offshore Drilling Market Segmentation
Rig Type- Jackups
- Semi-Submersibles
- Drill Ships
- Others
- Shallow Water
- Deepwater
- Ultra-Deepwater
Strategic Insights
Offshore Drilling Market Growth Drivers- High Crude Oil Prices Generating Demand for Efficient Offshore Rig Operations: The demand for oil & gas is rising worldwide owing to the increasing demand for energy. Per a report published by the International Energy Agency (IEA) in May 2023, global oil demand is projected to increase by 2.2 million barrels per day (mb/d) year-on-year in 2023 to an average of 102 mb/d, 200 kb/d more than oil demand published in April 2023. China’s demand for crude oil witnessed continuous growth, setting an all-time record in March 2023 at 16 mb/d. Furthermore, the Russian Federation’s aggression in Ukraine has threatened the energy supply, and it tends to drive oil & gas prices up. Hence, such high crude oil prices generating demand for offshore drilling operations and hence driving the market growth.
- Growing Developments in Offshore Oil & Gas Industry: Newly planned offshore rig construction, the discovery of new offshore oil field locations, the rise in investments in offshore oil & gas rig construction, and refurbishment or reconstruction of existing offshore oil & gas rigs are a few factors contributing to the growth of Offshore Drilling Market globally. For instance, in May 2023, China announced that it had completed the construction of a new 12,000-ton offshore drilling rig. China is also pushing its offshore drilling activities to cut down the dependency on imports of oil & gas. For instance, in June 2023, China announced its intentions to drill deeper into offshore platforms to reduce its dependency on other countries for the import of oil & gas.
- Rising Global Energy Demand: As global energy consumption continues to increase, the demand for oil and natural gas remains high, especially in emerging markets and developing economies. Offshore drilling is a critical part of meeting this demand, particularly as onshore oil fields begin to mature and the need for new reserves in deepwater and ultra-deepwater environments becomes more urgent. The growing need for reliable energy sources, particularly in sectors like transportation, manufacturing, and power generation, is a key driver for the offshore drilling market.
- Efforts to Improve Oil Recovery Operations to Reduce Dependency on Oil & Gas Imports: The steam injection method has been exploited commercially over recent decades to improve recovery from conventional heavy oil reservoirs in their later stages of development. The injected steam increases the overall pressure of an offshore oil reservoir, which helps improve the mobility ratio of crude oil and allows it to flow efficiently. As a result, the enhanced oil recovery methods help revitalize extraction processes in existing offshore oil wells. Various countries are investing in efforts to rejuvenate their existing oil resources to boost domestic oil production and decrease their dependence on oil imports. Thus, the projected expansion of their oil & gas operations is anticipated to offer promising growth opportunities for the Offshore Drilling Market players in the coming years.
- Increasing Focus on Decommissioning and Life Cycle Management:As many offshore oil fields mature, there is a growing trend toward decommissioning and de-risking mature offshore assets. Oil and gas companies are increasingly focusing on the life cycle management of offshore drilling operations, which includes planning for the safe decommissioning of wells, platforms, and associated infrastructure. This trend is creating a significant market for decommissioning services, as well as for companies that specialize in the reuse and repurposing of offshore platforms for other purposes, such as wind energy generation or storage solutions.
- Adoption of Efficient Oil Recovery Techniques: The crude oil extraction process involves three phases—primary, secondary, and tertiary [enhanced oil recovery (EOR)] recovery. As several oil fields have already been used up excessively for oil production, operators of these projects are focusing on tertiary or EOR stages that help extract 30-60% or more of a reservoir's original oil output. Thermal EOR techniques have gained considerable traction in recent years. In April 2023, ONGC announced its investment of US% 5 billion in the development of Cluster-II region of its flagship KG-DWN-98/2 asset in the Krishna Godavari basin offshore India’s Eastern Coast, . Thus, the oil & gas industry is witnessing a trend of toward efficient oil extraction techniques, which is expected to support the growth of the Offshore Drilling Market in the coming years.
- Expansion in Untapped Offshore Reserves: Despite the growth of renewable energy, the offshore drilling market presents substantial opportunities in untapped or under-explored offshore reserves. New deepwater and ultra-deepwater discoveries, particularly in areas like the Eastern Mediterranean, Arctic, and deepwater regions of Africa, Latin America, and Southeast Asia, represent significant growth opportunities. As exploration technologies improve, the ability to access new reserves becomes more cost-effective and attractive, particularly in regions where oil and gas resources are underdeveloped.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Offshore Drilling 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 Offshore Drilling 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.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
Some of the customization options available based on the request are an 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.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the Offshore Drilling Market include Baker Hughes Company, Haliburton Company, Schlumberger Limited, Transocean Limited, Seadrill Limited, Saipem SpA, Weatherford International plc, China Oilfield Services Limited, Atwood Oceanics, Inc., and Diamond Offshore Drilling Inc.
Adoption of Efficient Oil Recovery Techniques is the key future trend of the Offshore Drilling Market
The Offshore Drilling Market is estimated to witness a CAGR of 6.5% from 2023 to 2031
The major factors driving the Offshore Drilling Market are: High Crude Oil Prices Generating Demand for Efficient Offshore Rig Operations and Growing Developments in Offshore Oil & Gas Industry
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1Offshore Drilling Market - By Service Type
1.3.2Offshore Drilling Market - By Application
1.3.3Offshore Drilling Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4.OFFSHORE DRILLING MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.OFFSHORE DRILLING 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.OFFSHORE DRILLING MARKET - GLOBAL MARKET ANALYSIS
6.1.OFFSHORE DRILLING - GLOBAL MARKET OVERVIEW
6.2.OFFSHORE DRILLING - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.OFFSHORE DRILLING MARKET - REVENUE AND FORECASTS TO 2028- SERVICE TYPE
7.1.OVERVIEW
7.2.SERVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3.CONTRACT DRILLING
7.3.1.Overview
7.3.2.Contract Drilling Market Forecast and Analysis
7.4.DIRECTIONAL DRILLING
7.4.1.Overview
7.4.2.Directional Drilling Market Forecast and Analysis
7.5.LOGGING WHILE DRILLING
7.5.1.Overview
7.5.2.Logging While Drilling Market Forecast and Analysis
7.6.MEASUREMENT WHILE DRILLING
7.6.1.Overview
7.6.2.Measurement While Drilling Market Forecast and Analysis
8.OFFSHORE DRILLING MARKET - REVENUE AND FORECASTS TO 2028- APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.SHALLOW WATER
8.3.1.Overview
8.3.2.Shallow Water Market Forecast and Analysis
8.4.DEEP WATER
8.4.1.Overview
8.4.2.Deep Water Market Forecast and Analysis
8.5.ULTRA-DEEP WATER
8.5.1.Overview
8.5.2.Ultra-Deep Water Market Forecast and Analysis
9.OFFSHORE DRILLING MARKET REVENUE AND FORECASTS TO 2028- GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Offshore Drilling Market Overview
9.1.2North America Offshore Drilling Market Forecasts and Analysis
9.1.3North America Offshore Drilling Market Forecasts and Analysis - By Service Type
9.1.4North America Offshore Drilling Market Forecasts and Analysis - By Application
9.1.5North America Offshore Drilling Market Forecasts and Analysis - By Countries
9.1.5.1United States Offshore Drilling Market
9.1.5.1.1United States Offshore Drilling Market by Service Type
9.1.5.1.2United States Offshore Drilling Market by Application
9.1.5.2Canada Offshore Drilling Market
9.1.5.2.1Canada Offshore Drilling Market by Service Type
9.1.5.2.2Canada Offshore Drilling Market by Application
9.1.5.3Mexico Offshore Drilling Market
9.1.5.3.1Mexico Offshore Drilling Market by Service Type
9.1.5.3.2Mexico Offshore Drilling Market by Application
9.2.EUROPE
9.2.1Europe Offshore Drilling Market Overview
9.2.2Europe Offshore Drilling Market Forecasts and Analysis
9.2.3Europe Offshore Drilling Market Forecasts and Analysis - By Service Type
9.2.4Europe Offshore Drilling Market Forecasts and Analysis - By Application
9.2.5Europe Offshore Drilling Market Forecasts and Analysis - By Countries
9.2.5.1Germany Offshore Drilling Market
9.2.5.1.1Germany Offshore Drilling Market by Service Type
9.2.5.1.2Germany Offshore Drilling Market by Application
9.2.5.2France Offshore Drilling Market
9.2.5.2.1France Offshore Drilling Market by Service Type
9.2.5.2.2France Offshore Drilling Market by Application
9.2.5.3Italy Offshore Drilling Market
9.2.5.3.1Italy Offshore Drilling Market by Service Type
9.2.5.3.2Italy Offshore Drilling Market by Application
9.2.5.4United Kingdom Offshore Drilling Market
9.2.5.4.1United Kingdom Offshore Drilling Market by Service Type
9.2.5.4.2United Kingdom Offshore Drilling Market by Application
9.2.5.5Russia Offshore Drilling Market
9.2.5.5.1Russia Offshore Drilling Market by Service Type
9.2.5.5.2Russia Offshore Drilling Market by Application
9.2.5.6Rest of Europe Offshore Drilling Market
9.2.5.6.1Rest of Europe Offshore Drilling Market by Service Type
9.2.5.6.2Rest of Europe Offshore Drilling Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Offshore Drilling Market Overview
9.3.2Asia-Pacific Offshore Drilling Market Forecasts and Analysis
9.3.3Asia-Pacific Offshore Drilling Market Forecasts and Analysis - By Service Type
9.3.4Asia-Pacific Offshore Drilling Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Offshore Drilling Market Forecasts and Analysis - By Countries
9.3.5.1Australia Offshore Drilling Market
9.3.5.1.1Australia Offshore Drilling Market by Service Type
9.3.5.1.2Australia Offshore Drilling Market by Application
9.3.5.2China Offshore Drilling Market
9.3.5.2.1China Offshore Drilling Market by Service Type
9.3.5.2.2China Offshore Drilling Market by Application
9.3.5.3India Offshore Drilling Market
9.3.5.3.1India Offshore Drilling Market by Service Type
9.3.5.3.2India Offshore Drilling Market by Application
9.3.5.4Japan Offshore Drilling Market
9.3.5.4.1Japan Offshore Drilling Market by Service Type
9.3.5.4.2Japan Offshore Drilling Market by Application
9.3.5.5South Korea Offshore Drilling Market
9.3.5.5.1South Korea Offshore Drilling Market by Service Type
9.3.5.5.2South Korea Offshore Drilling Market by Application
9.3.5.6Rest of Asia-Pacific Offshore Drilling Market
9.3.5.6.1Rest of Asia-Pacific Offshore Drilling Market by Service Type
9.3.5.6.2Rest of Asia-Pacific Offshore Drilling Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Offshore Drilling Market Overview
9.4.2Middle East and Africa Offshore Drilling Market Forecasts and Analysis
9.4.3Middle East and Africa Offshore Drilling Market Forecasts and Analysis - By Service Type
9.4.4Middle East and Africa Offshore Drilling Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Offshore Drilling Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Offshore Drilling Market
9.4.5.1.1South Africa Offshore Drilling Market by Service Type
9.4.5.1.2South Africa Offshore Drilling Market by Application
9.4.5.2Saudi Arabia Offshore Drilling Market
9.4.5.2.1Saudi Arabia Offshore Drilling Market by Service Type
9.4.5.2.2Saudi Arabia Offshore Drilling Market by Application
9.4.5.3U.A.E Offshore Drilling Market
9.4.5.3.1U.A.E Offshore Drilling Market by Service Type
9.4.5.3.2U.A.E Offshore Drilling Market by Application
9.4.5.4Rest of Middle East and Africa Offshore Drilling Market
9.4.5.4.1Rest of Middle East and Africa Offshore Drilling Market by Service Type
9.4.5.4.2Rest of Middle East and Africa Offshore Drilling Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Offshore Drilling Market Overview
9.5.2South and Central America Offshore Drilling Market Forecasts and Analysis
9.5.3South and Central America Offshore Drilling Market Forecasts and Analysis - By Service Type
9.5.4South and Central America Offshore Drilling Market Forecasts and Analysis - By Application
9.5.5South and Central America Offshore Drilling Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Offshore Drilling Market
9.5.5.1.1Brazil Offshore Drilling Market by Service Type
9.5.5.1.2Brazil Offshore Drilling Market by Application
9.5.5.2Argentina Offshore Drilling Market
9.5.5.2.1Argentina Offshore Drilling Market by Service Type
9.5.5.2.2Argentina Offshore Drilling Market by Application
9.5.5.3Rest of South and Central America Offshore Drilling Market
9.5.5.3.1Rest of South and Central America Offshore Drilling Market by Service Type
9.5.5.3.2Rest of South and Central America Offshore Drilling 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.OFFSHORE DRILLING MARKET, KEY COMPANY PROFILES
11.1.BAKER HUGHES COMPANY
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.CHINA OILFIELD SERVICES LIMITED
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.DOLPHIN DRILLING
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.KCA DEUTAG
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.MAERSK DRILLING
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.NABORS INDUSTRIES LTD
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.SCHLUMBERGER LIMITED
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.SEADRILL LIMITED
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.TRANSOCEAN LTD.
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.WEATHERFORD INTERNATIONAL PLC
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
1. Baker Hughes Company
2. China Oilfield Services Limited
3. Dolphin Drilling
4. KCA Deutag
5. MAERSK DRILLING
6. Nabors Industries Ltd
7. Schlumberger Limited
8. Seadrill Limited
9. Transocean Ltd.
10. Weatherford International plc
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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