Population Health Management Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
Population health management (PHM) is the collection and analysis of patient data collected from different patients across various health Information Technology (IT) resources. It allows healthcare practices and providers to measure compliance across their patient population and improve both clinical and financial outcomes. It helps to improve and ease the healthcare outcomes of a group by monitoring the patient's condition and segmenting the patients based on disease and enhancing clinical outcomes and lowering the cost of treatments.
MARKET SCOPE
The "Global Population Health Management Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the population health management market with detailed market segmentation by type, deployment model, application, and geography. The report provides key statistics on the market status of the leading population health management market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the market is segmented as hardware, services, and software.
- Based on the solution, the global population health management market is bifurcated into data integration and management, analytics, patient engagement, and care coordination.
- On the basis of delivery mode, the market is segmented as on-premise and cloud-based.
- Based on end user, the market is segmented as healthcare providers, healthcare payers, and others.
MARKET DYNAMICS
Drivers
- Government mandates and support for healthcare IT solutions are the major key driving factors for market growth.
- The growing research and development in the healthcare sector and increasing healthcare expenditure to increase digitalization of the healthcare sector boost the population health management market growth.
- Increasing use of big data analytics will provide opportunity for market's growth.
Restraints
- Associated high cost of population health management platforms installation is likely to restraint the market growth.
- Lack of skilled analysts and data breach are another restraining factor.
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 population health management 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 demand and supply side and further evaluates market dynamics affecting the marketduring 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 affecting the population health management market in these regions.
IMPACT OF COVID-19 ON POPULATION HEALTH MANAGEMENT MARKET
Coronavirus has spread across 215 countries and territories and affected more than 6 million people. The pandemic has had considerable social and economic ramifications across a variety of industries and sectors. COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. With a sudden decrease in procedures and in-person visits, population health becomes vital in health care delivery in order to improve outcomes and reduce costs. By utilizing PHM tools, technology, and infrastructure of existing population health programs, organizations are providing better care delivery to meet emerging patient needs. Population health management will have a vital role after COVID-19. It is required to support financial recovery and lead the transformation of health care delivery by creating efficiency and improving outcomes. Naveen Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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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 population health management 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 demand and supply side and further evaluates market dynamics affecting the marketduring 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 affecting the population health management market in these regions.
IMPACT OF COVID-19 ON POPULATION HEALTH MANAGEMENT MARKET
Coronavirus has spread across 215 countries and territories and affected more than 6 million people. The pandemic has had considerable social and economic ramifications across a variety of industries and sectors. COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. With a sudden decrease in procedures and in-person visits, population health becomes vital in health care delivery in order to improve outcomes and reduce costs. By utilizing PHM tools, technology, and infrastructure of existing population health programs, organizations are providing better care delivery to meet emerging patient needs. Population health management will have a vital role after COVID-19. It is required to support financial recovery and lead the transformation of health care delivery by creating efficiency and improving outcomes.
MARKET PLAYERS
The report covers key developments in the population health management 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from population health management market are anticipated to lucrative growth opportunities in the future with the rising demand for population health management in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the population health management 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.
- Siemens healthcare
- Allscripts Healthcare, LLC
- Conifer Health Solutions, LLC
- Cerner Corporation
- Enli Health Intelligence
- McKesson Corporation
- eClinicalWorks
- Optum, Inc.
- Koninklijke Philips N.V.
- ZeOmega
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.
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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.
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 Population Health Management Market - By Product
1.3.2 Population Health Management Market - By Solution
1.3.3 Population Health Management Market - By Delivery Mode
1.3.4 Population Health Management Market - By End-User
1.3.5 Population Health Management Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. POPULATION HEALTH MANAGEMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. POPULATION HEALTH MANAGEMENT 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. POPULATION HEALTH MANAGEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. POPULATION HEALTH MANAGEMENT - GLOBAL MARKET OVERVIEW
6.2. POPULATION HEALTH MANAGEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. POPULATION HEALTH MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
7.5. SOFTWARE
7.5.1. Overview
7.5.2. Software Market Forecast and Analysis
8. POPULATION HEALTH MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - SOLUTION
8.1. OVERVIEW
8.2. SOLUTION MARKET FORECASTS AND ANALYSIS
8.3. DATA INTEGRATION AND MANAGEMENT
8.3.1. Overview
8.3.2. Data Integration and Management Market Forecast and Analysis
8.4. ANALYTICS
8.4.1. Overview
8.4.2. Analytics Market Forecast and Analysis
8.5. PATIENT ENGAGEMENT
8.5.1. Overview
8.5.2. Patient Engagement Market Forecast and Analysis
8.6. CARE COORDINATION
8.6.1. Overview
8.6.2. Care Coordination Market Forecast and Analysis
9. POPULATION HEALTH MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - DELIVERY MODE
9.1. OVERVIEW
9.2. DELIVERY MODE MARKET FORECASTS AND ANALYSIS
9.3. ON-PREMISE
9.3.1. Overview
9.3.2. On-Premise Market Forecast and Analysis
9.4. CLOUD-BASED
9.4.1. Overview
9.4.2. Cloud-Based Market Forecast and Analysis
10. POPULATION HEALTH MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1. OVERVIEW
10.2. END-USER MARKET FORECASTS AND ANALYSIS
10.3. HEALTHCARE PROVIDERS
10.3.1. Overview
10.3.2. Healthcare Providers Market Forecast and Analysis
10.4. HEALTHCARE PAYERS
10.4.1. Overview
10.4.2. Healthcare Payers Market Forecast and Analysis
10.5. OTHERS
10.5.1. Overview
10.5.2. others Market Forecast and Analysis
11. POPULATION HEALTH MANAGEMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Population Health Management Market Overview
11.1.2 North America Population Health Management Market Forecasts and Analysis
11.1.3 North America Population Health Management Market Forecasts and Analysis - By Product
11.1.4 North America Population Health Management Market Forecasts and Analysis - By Solution
11.1.5 North America Population Health Management Market Forecasts and Analysis - By Delivery Mode
11.1.6 North America Population Health Management Market Forecasts and Analysis - By End-User
11.1.7 North America Population Health Management Market Forecasts and Analysis - By Countries
11.1.7.1 Canada Population Health Management Market
11.1.7.1.1 Canada Population Health Management Market by Product
11.1.7.1.2 Canada Population Health Management Market by Solution
11.1.7.1.3 Canada Population Health Management Market by Delivery Mode
11.1.7.1.4 Canada Population Health Management Market by End-User
11.1.7.2 Mexico Population Health Management Market
11.1.7.2.1 Mexico Population Health Management Market by Product
11.1.7.2.2 Mexico Population Health Management Market by Solution
11.1.7.2.3 Mexico Population Health Management Market by Delivery Mode
11.1.7.2.4 Mexico Population Health Management Market by End-User
11.1.7.3 US Population Health Management Market
11.1.7.3.1 US Population Health Management Market by Product
11.1.7.3.2 US Population Health Management Market by Solution
11.1.7.3.3 US Population Health Management Market by Delivery Mode
11.1.7.3.4 US Population Health Management Market by End-User
11.2. EUROPE
11.2.1 Europe Population Health Management Market Overview
11.2.2 Europe Population Health Management Market Forecasts and Analysis
11.2.3 Europe Population Health Management Market Forecasts and Analysis - By Product
11.2.4 Europe Population Health Management Market Forecasts and Analysis - By Solution
11.2.5 Europe Population Health Management Market Forecasts and Analysis - By Delivery Mode
11.2.6 Europe Population Health Management Market Forecasts and Analysis - By End-User
11.2.7 Europe Population Health Management Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Population Health Management Market
11.2.7.1.1 Germany Population Health Management Market by Product
11.2.7.1.2 Germany Population Health Management Market by Solution
11.2.7.1.3 Germany Population Health Management Market by Delivery Mode
11.2.7.1.4 Germany Population Health Management Market by End-User
11.2.7.2 France Population Health Management Market
11.2.7.2.1 France Population Health Management Market by Product
11.2.7.2.2 France Population Health Management Market by Solution
11.2.7.2.3 France Population Health Management Market by Delivery Mode
11.2.7.2.4 France Population Health Management Market by End-User
11.2.7.3 Italy Population Health Management Market
11.2.7.3.1 Italy Population Health Management Market by Product
11.2.7.3.2 Italy Population Health Management Market by Solution
11.2.7.3.3 Italy Population Health Management Market by Delivery Mode
11.2.7.3.4 Italy Population Health Management Market by End-User
11.2.7.4 Spain Population Health Management Market
11.2.7.4.1 Spain Population Health Management Market by Product
11.2.7.4.2 Spain Population Health Management Market by Solution
11.2.7.4.3 Spain Population Health Management Market by Delivery Mode
11.2.7.4.4 Spain Population Health Management Market by End-User
11.2.7.5 United Kingdom Population Health Management Market
11.2.7.5.1 United Kingdom Population Health Management Market by Product
11.2.7.5.2 United Kingdom Population Health Management Market by Solution
11.2.7.5.3 United Kingdom Population Health Management Market by Delivery Mode
11.2.7.5.4 United Kingdom Population Health Management Market by End-User
11.2.7.6 Rest of Europe Population Health Management Market
11.2.7.6.1 Rest of Europe Population Health Management Market by Product
11.2.7.6.2 Rest of Europe Population Health Management Market by Solution
11.2.7.6.3 Rest of Europe Population Health Management Market by Delivery Mode
11.2.7.6.4 Rest of Europe Population Health Management Market by End-User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Population Health Management Market Overview
11.3.2 Asia-Pacific Population Health Management Market Forecasts and Analysis
11.3.3 Asia-Pacific Population Health Management Market Forecasts and Analysis - By Product
11.3.4 Asia-Pacific Population Health Management Market Forecasts and Analysis - By Solution
11.3.5 Asia-Pacific Population Health Management Market Forecasts and Analysis - By Delivery Mode
11.3.6 Asia-Pacific Population Health Management Market Forecasts and Analysis - By End-User
11.3.7 Asia-Pacific Population Health Management Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Population Health Management Market
11.3.7.1.1 Australia Population Health Management Market by Product
11.3.7.1.2 Australia Population Health Management Market by Solution
11.3.7.1.3 Australia Population Health Management Market by Delivery Mode
11.3.7.1.4 Australia Population Health Management Market by End-User
11.3.7.2 China Population Health Management Market
11.3.7.2.1 China Population Health Management Market by Product
11.3.7.2.2 China Population Health Management Market by Solution
11.3.7.2.3 China Population Health Management Market by Delivery Mode
11.3.7.2.4 China Population Health Management Market by End-User
11.3.7.3 India Population Health Management Market
11.3.7.3.1 India Population Health Management Market by Product
11.3.7.3.2 India Population Health Management Market by Solution
11.3.7.3.3 India Population Health Management Market by Delivery Mode
11.3.7.3.4 India Population Health Management Market by End-User
11.3.7.4 Japan Population Health Management Market
11.3.7.4.1 Japan Population Health Management Market by Product
11.3.7.4.2 Japan Population Health Management Market by Solution
11.3.7.4.3 Japan Population Health Management Market by Delivery Mode
11.3.7.4.4 Japan Population Health Management Market by End-User
11.3.7.5 South Korea Population Health Management Market
11.3.7.5.1 South Korea Population Health Management Market by Product
11.3.7.5.2 South Korea Population Health Management Market by Solution
11.3.7.5.3 South Korea Population Health Management Market by Delivery Mode
11.3.7.5.4 South Korea Population Health Management Market by End-User
11.3.7.6 Rest of Asia-Pacific Population Health Management Market
11.3.7.6.1 Rest of Asia-Pacific Population Health Management Market by Product
11.3.7.6.2 Rest of Asia-Pacific Population Health Management Market by Solution
11.3.7.6.3 Rest of Asia-Pacific Population Health Management Market by Delivery Mode
11.3.7.6.4 Rest of Asia-Pacific Population Health Management Market by End-User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Population Health Management Market Overview
11.4.2 Middle East and Africa Population Health Management Market Forecasts and Analysis
11.4.3 Middle East and Africa Population Health Management Market Forecasts and Analysis - By Product
11.4.4 Middle East and Africa Population Health Management Market Forecasts and Analysis - By Solution
11.4.5 Middle East and Africa Population Health Management Market Forecasts and Analysis - By Delivery Mode
11.4.6 Middle East and Africa Population Health Management Market Forecasts and Analysis - By End-User
11.4.7 Middle East and Africa Population Health Management Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Population Health Management Market
11.4.7.1.1 South Africa Population Health Management Market by Product
11.4.7.1.2 South Africa Population Health Management Market by Solution
11.4.7.1.3 South Africa Population Health Management Market by Delivery Mode
11.4.7.1.4 South Africa Population Health Management Market by End-User
11.4.7.2 Saudi Arabia Population Health Management Market
11.4.7.2.1 Saudi Arabia Population Health Management Market by Product
11.4.7.2.2 Saudi Arabia Population Health Management Market by Solution
11.4.7.2.3 Saudi Arabia Population Health Management Market by Delivery Mode
11.4.7.2.4 Saudi Arabia Population Health Management Market by End-User
11.4.7.3 U.A.E Population Health Management Market
11.4.7.3.1 U.A.E Population Health Management Market by Product
11.4.7.3.2 U.A.E Population Health Management Market by Solution
11.4.7.3.3 U.A.E Population Health Management Market by Delivery Mode
11.4.7.3.4 U.A.E Population Health Management Market by End-User
11.4.7.4 Rest of Middle East and Africa Population Health Management Market
11.4.7.4.1 Rest of Middle East and Africa Population Health Management Market by Product
11.4.7.4.2 Rest of Middle East and Africa Population Health Management Market by Solution
11.4.7.4.3 Rest of Middle East and Africa Population Health Management Market by Delivery Mode
11.4.7.4.4 Rest of Middle East and Africa Population Health Management Market by End-User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Population Health Management Market Overview
11.5.2 South and Central America Population Health Management Market Forecasts and Analysis
11.5.3 South and Central America Population Health Management Market Forecasts and Analysis - By Product
11.5.4 South and Central America Population Health Management Market Forecasts and Analysis - By Solution
11.5.5 South and Central America Population Health Management Market Forecasts and Analysis - By Delivery Mode
11.5.6 South and Central America Population Health Management Market Forecasts and Analysis - By End-User
11.5.7 South and Central America Population Health Management Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Population Health Management Market
11.5.7.1.1 Brazil Population Health Management Market by Product
11.5.7.1.2 Brazil Population Health Management Market by Solution
11.5.7.1.3 Brazil Population Health Management Market by Delivery Mode
11.5.7.1.4 Brazil Population Health Management Market by End-User
11.5.7.2 Argentina Population Health Management Market
11.5.7.2.1 Argentina Population Health Management Market by Product
11.5.7.2.2 Argentina Population Health Management Market by Solution
11.5.7.2.3 Argentina Population Health Management Market by Delivery Mode
11.5.7.2.4 Argentina Population Health Management Market by End-User
11.5.7.3 Rest of South and Central America Population Health Management Market
11.5.7.3.1 Rest of South and Central America Population Health Management Market by Product
11.5.7.3.2 Rest of South and Central America Population Health Management Market by Solution
11.5.7.3.3 Rest of South and Central America Population Health Management Market by Delivery Mode
11.5.7.3.4 Rest of South and Central America Population Health Management Market by End-User
12. IMPACT OF COVID-19 PANDEMIC ON GLOBAL POPULATION HEALTH MANAGEMENT MARKET
12.1 North America
12.2 Europe
12.3 Asia-Pacific
12.4 Middle East and Africa
12.5 South and Central America
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. POPULATION HEALTH MANAGEMENT MARKET, KEY COMPANY PROFILES
14.1. SIEMENS HEALTHCARE
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. ALLSCRIPTS HEALTHCARE, LLC
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. CONIFER HEALTH SOLUTIONS, LLC
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. CERNER CORPORATION
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. ENLI HEALTH INTELLIGENCE
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. MCKESSON CORPORATION
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. ECLINICALWORKS
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. OPTUM, INC.
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. KONINKLIJKE PHILIPS N.V.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. ZEOMEGA
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
The List of Companies
1. Siemens healthcare
2. Allscripts Healthcare, LLC
3. Conifer Health Solutions, LLC
4. Cerner Corporation
5. Enli Health Intelligence
6. McKesson Corporation
7. eClinicalWorks
8. Optum, Inc.
9. Koninklijke Philips N.V.
10. ZeOmega
11. Epic Systems Corporation
12. i2i Population Health
13. Health Catalyst
14. Orion Health
15. IBM Corporation
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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