Router and Switch Market Size & CAGR (2023-2031)
The Router and Switch Market is expected to register a CAGR of 6.2% 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 Product (Internet Exchange Router, Service Provider Core Router, Multiservice Edge Router, Ethernet Service Edge Router, and ATM & Ethernet Switch), Service (BRAS, Ethernet Aggregation, Ethernet Access, Internet Data Center/Collocation/ Hosting, and Others). 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 Report
The report Router and Switch 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.
Router and Switch Market Segmentation
Product
- Internet Exchange Router
- Service Provider Core Router
- Multiservice Edge Router
- Ethernet Service Edge Router
- ATM & Ethernet Switch
Service
- BRAS
- Ethernet Aggregation
- Ethernet Access
- Internet Data Center/Collocation/ Hosting
- Others
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Router and Switch Market: Strategic Insights
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Router and Switch Market Growth Drivers
- Rising Demand for High-Speed Internet and Bandwidth: The growing need for high-speed internet and large bandwidth to support applications like cloud computing, video streaming, and online gaming is driving the demand for advanced routers and switches. As more devices connect to the internet and the usage of data-heavy services increases, businesses and consumers are investing in powerful networking equipment to ensure seamless and reliable connectivity.
- Expansion of Data Centers and Cloud Services: The increasing reliance on cloud-based services and the expansion of data centers globally are fueling the demand for routers and switches. These devices are critical components of data center infrastructure, enabling efficient data traffic management and supporting high-performance computing environments. The growing shift toward cloud services, enterprise digitization, and the internet of things (IoT) is pushing the market for high-quality routers and switches.
Router and Switch Market Future Trends
- Increasing Adoption of Software-Defined Networking (SDN): Software-Defined Networking (SDN) is a growing trend that allows for more flexible, programmable, and automated network management. With SDN, routers and switches can be controlled via software, enabling network administrators to optimize traffic flow and adapt to changing demands. This trend is gaining traction in enterprise and service provider networks, as it offers better scalability, efficiency, and ease of management compared to traditional hardware-centric approaches.
- Shift to Cloud-Managed Network Solutions: The trend of shifting to cloud-managed network solutions is reshaping the router and switch market. Enterprises are increasingly adopting cloud-based platforms to manage and configure their networking equipment remotely, offering flexibility, scalability, and reduced operational costs. This trend is particularly evident in small and medium-sized businesses, where IT resources are limited, and cloud management solutions provide an efficient way to maintain network performance and security.
Router and Switch Market Opportunities
- Smart Cities: The growing trend of smart city development is a great business opportunity in the router and switch market. Cities that are implementing IoT-enabled services are in need of advanced and scalable networking solutions to provide the requisite infrastructure and connectivity.
- Network Switching: The growth in the use of cloud services creates a very large potential market in terms of routers and switches. More organizations are looking for networking devices that will support their business operations without any hitches due to the cloud. Thus, connectivity becomes a key aspect of improving the performance and security of business operations.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Router and Switch 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 Router and Switch 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.
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
Key players in the router and switch market include Broadcom, Inc., Cisco Systems Inc., Huawei Technologies Co., Ltd, Infinera Corporation, Juniper Networks, Inc., NEC Corporation, Nokia Ojy, Telefonaktiebolaget LM Ericsson, Tellabs,and ZTE Corporation
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 Router and Switch Market is estimated to witness a CAGR of 6.2% from 2023 to 2031
The major factors driving the router and switch market are:
1. Growth in Internet Users.
2.5G Deployment
Green networking strategies, and edge computing is likely to remain a key trend in the market.
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 Router And Switch Market - By Switch Type
1.3.2 Router And Switch Market - By Router Type
1.3.3 Router And Switch Market - By Service
1.3.4 Router And Switch Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ROUTER AND SWITCH 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. ROUTER AND SWITCH 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. ROUTER AND SWITCH MARKET - GLOBAL MARKET ANALYSIS
6.1. ROUTER AND SWITCH - GLOBAL MARKET OVERVIEW
6.2. ROUTER AND SWITCH - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. ROUTER AND SWITCH MARKET - REVENUE AND FORECASTS TO 2027 - SWITCH TYPE
7.1. OVERVIEW
7.2. SWITCH TYPE MARKET FORECASTS AND ANALYSIS
7.3. MANAGED
7.3.1. Overview
7.3.2. Managed Market Forecast and Analysis
7.4. UNMANAGED
7.4.1. Overview
7.4.2. Unmanaged Market Forecast and Analysis
8. ROUTER AND SWITCH MARKET - REVENUE AND FORECASTS TO 2027 - ROUTER TYPE
8.1. OVERVIEW
8.2. ROUTER TYPE MARKET FORECASTS AND ANALYSIS
8.3. INTERNET EXCHANGE ROUTER
8.3.1. Overview
8.3.2. Internet Exchange Router Market Forecast and Analysis
8.4. SERVICE PROVIDER CORE ROUTER
8.4.1. Overview
8.4.2. Service Provider Core Router Market Forecast and Analysis
8.5. ETHERNET SERVICE EDGE ROUTER
8.5.1. Overview
8.5.2. Ethernet Service Edge Router Market Forecast and Analysis
8.6. MULTISERVICE EDGE ROUTER
8.6.1. Overview
8.6.2. Multiservice Edge Router Market Forecast and Analysis
9. ROUTER AND SWITCH MARKET - REVENUE AND FORECASTS TO 2027 - SERVICE
9.1. OVERVIEW
9.2. SERVICE MARKET FORECASTS AND ANALYSIS
9.3. BRAS
9.3.1. Overview
9.3.2. BRAS Market Forecast and Analysis
9.4. ETHERNET ACCESS
9.4.1. Overview
9.4.2. Ethernet Access Market Forecast and Analysis
9.5. INTERNET DATA CENTER/HOSTING
9.5.1. Overview
9.5.2. Internet Data Center/Hosting Market Forecast and Analysis
9.6. ETHERNET AGGREGATION
9.6.1. Overview
9.6.2. Ethernet Aggregation Market Forecast and Analysis
10. ROUTER AND SWITCH MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Router And Switch Market Overview
10.1.2 North America Router And Switch Market Forecasts and Analysis
10.1.3 North America Router And Switch Market Forecasts and Analysis - By Switch Type
10.1.4 North America Router And Switch Market Forecasts and Analysis - By Router Type
10.1.5 North America Router And Switch Market Forecasts and Analysis - By Service
10.1.6 North America Router And Switch Market Forecasts and Analysis - By Countries
10.1.6.1 United States Router And Switch Market
10.1.6.1.1 United States Router And Switch Market by Switch Type
10.1.6.1.2 United States Router And Switch Market by Router Type
10.1.6.1.3 United States Router And Switch Market by Service
10.1.6.2 Canada Router And Switch Market
10.1.6.2.1 Canada Router And Switch Market by Switch Type
10.1.6.2.2 Canada Router And Switch Market by Router Type
10.1.6.2.3 Canada Router And Switch Market by Service
10.1.6.3 Mexico Router And Switch Market
10.1.6.3.1 Mexico Router And Switch Market by Switch Type
10.1.6.3.2 Mexico Router And Switch Market by Router Type
10.1.6.3.3 Mexico Router And Switch Market by Service
10.2. EUROPE
10.2.1 Europe Router And Switch Market Overview
10.2.2 Europe Router And Switch Market Forecasts and Analysis
10.2.3 Europe Router And Switch Market Forecasts and Analysis - By Switch Type
10.2.4 Europe Router And Switch Market Forecasts and Analysis - By Router Type
10.2.5 Europe Router And Switch Market Forecasts and Analysis - By Service
10.2.6 Europe Router And Switch Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Router And Switch Market
10.2.6.1.1 Germany Router And Switch Market by Switch Type
10.2.6.1.2 Germany Router And Switch Market by Router Type
10.2.6.1.3 Germany Router And Switch Market by Service
10.2.6.2 France Router And Switch Market
10.2.6.2.1 France Router And Switch Market by Switch Type
10.2.6.2.2 France Router And Switch Market by Router Type
10.2.6.2.3 France Router And Switch Market by Service
10.2.6.3 Italy Router And Switch Market
10.2.6.3.1 Italy Router And Switch Market by Switch Type
10.2.6.3.2 Italy Router And Switch Market by Router Type
10.2.6.3.3 Italy Router And Switch Market by Service
10.2.6.4 United Kingdom Router And Switch Market
10.2.6.4.1 United Kingdom Router And Switch Market by Switch Type
10.2.6.4.2 United Kingdom Router And Switch Market by Router Type
10.2.6.4.3 United Kingdom Router And Switch Market by Service
10.2.6.5 Russia Router And Switch Market
10.2.6.5.1 Russia Router And Switch Market by Switch Type
10.2.6.5.2 Russia Router And Switch Market by Router Type
10.2.6.5.3 Russia Router And Switch Market by Service
10.2.6.6 Rest of Europe Router And Switch Market
10.2.6.6.1 Rest of Europe Router And Switch Market by Switch Type
10.2.6.6.2 Rest of Europe Router And Switch Market by Router Type
10.2.6.6.3 Rest of Europe Router And Switch Market by Service
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Router And Switch Market Overview
10.3.2 Asia-Pacific Router And Switch Market Forecasts and Analysis
10.3.3 Asia-Pacific Router And Switch Market Forecasts and Analysis - By Switch Type
10.3.4 Asia-Pacific Router And Switch Market Forecasts and Analysis - By Router Type
10.3.5 Asia-Pacific Router And Switch Market Forecasts and Analysis - By Service
10.3.6 Asia-Pacific Router And Switch Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Router And Switch Market
10.3.6.1.1 Australia Router And Switch Market by Switch Type
10.3.6.1.2 Australia Router And Switch Market by Router Type
10.3.6.1.3 Australia Router And Switch Market by Service
10.3.6.2 China Router And Switch Market
10.3.6.2.1 China Router And Switch Market by Switch Type
10.3.6.2.2 China Router And Switch Market by Router Type
10.3.6.2.3 China Router And Switch Market by Service
10.3.6.3 India Router And Switch Market
10.3.6.3.1 India Router And Switch Market by Switch Type
10.3.6.3.2 India Router And Switch Market by Router Type
10.3.6.3.3 India Router And Switch Market by Service
10.3.6.4 Japan Router And Switch Market
10.3.6.4.1 Japan Router And Switch Market by Switch Type
10.3.6.4.2 Japan Router And Switch Market by Router Type
10.3.6.4.3 Japan Router And Switch Market by Service
10.3.6.5 South Korea Router And Switch Market
10.3.6.5.1 South Korea Router And Switch Market by Switch Type
10.3.6.5.2 South Korea Router And Switch Market by Router Type
10.3.6.5.3 South Korea Router And Switch Market by Service
10.3.6.6 Rest of Asia-Pacific Router And Switch Market
10.3.6.6.1 Rest of Asia-Pacific Router And Switch Market by Switch Type
10.3.6.6.2 Rest of Asia-Pacific Router And Switch Market by Router Type
10.3.6.6.3 Rest of Asia-Pacific Router And Switch Market by Service
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Router And Switch Market Overview
10.4.2 Middle East and Africa Router And Switch Market Forecasts and Analysis
10.4.3 Middle East and Africa Router And Switch Market Forecasts and Analysis - By Switch Type
10.4.4 Middle East and Africa Router And Switch Market Forecasts and Analysis - By Router Type
10.4.5 Middle East and Africa Router And Switch Market Forecasts and Analysis - By Service
10.4.6 Middle East and Africa Router And Switch Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Router And Switch Market
10.4.6.1.1 South Africa Router And Switch Market by Switch Type
10.4.6.1.2 South Africa Router And Switch Market by Router Type
10.4.6.1.3 South Africa Router And Switch Market by Service
10.4.6.2 Saudi Arabia Router And Switch Market
10.4.6.2.1 Saudi Arabia Router And Switch Market by Switch Type
10.4.6.2.2 Saudi Arabia Router And Switch Market by Router Type
10.4.6.2.3 Saudi Arabia Router And Switch Market by Service
10.4.6.3 U.A.E Router And Switch Market
10.4.6.3.1 U.A.E Router And Switch Market by Switch Type
10.4.6.3.2 U.A.E Router And Switch Market by Router Type
10.4.6.3.3 U.A.E Router And Switch Market by Service
10.4.6.4 Rest of Middle East and Africa Router And Switch Market
10.4.6.4.1 Rest of Middle East and Africa Router And Switch Market by Switch Type
10.4.6.4.2 Rest of Middle East and Africa Router And Switch Market by Router Type
10.4.6.4.3 Rest of Middle East and Africa Router And Switch Market by Service
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Router And Switch Market Overview
10.5.2 South and Central America Router And Switch Market Forecasts and Analysis
10.5.3 South and Central America Router And Switch Market Forecasts and Analysis - By Switch Type
10.5.4 South and Central America Router And Switch Market Forecasts and Analysis - By Router Type
10.5.5 South and Central America Router And Switch Market Forecasts and Analysis - By Service
10.5.6 South and Central America Router And Switch Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Router And Switch Market
10.5.6.1.1 Brazil Router And Switch Market by Switch Type
10.5.6.1.2 Brazil Router And Switch Market by Router Type
10.5.6.1.3 Brazil Router And Switch Market by Service
10.5.6.2 Argentina Router And Switch Market
10.5.6.2.1 Argentina Router And Switch Market by Switch Type
10.5.6.2.2 Argentina Router And Switch Market by Router Type
10.5.6.2.3 Argentina Router And Switch Market by Service
10.5.6.3 Rest of South and Central America Router And Switch Market
10.5.6.3.1 Rest of South and Central America Router And Switch Market by Switch Type
10.5.6.3.2 Rest of South and Central America Router And Switch Market by Router Type
10.5.6.3.3 Rest of South and Central America Router And Switch Market by Service
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. ROUTER AND SWITCH MARKET, KEY COMPANY PROFILES
12.1. BROADCOM, 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. CISCO SYSTEMS INC.
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. HUAWEI TECHNOLOGIES CO., 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. INFINERA CORPORATION.
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. JUNIPER NETWORKS, 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. NEC 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. NOKIA OJY
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. TELEFONAKTIEBOLAGET LM ERICSSON
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. TELLABS
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. ZTE CORPORATION
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. Broadcom, Inc.
2. Cisco Systems Inc.
3. Huawei Technologies Co., Ltd.
4. Infinera Corporation.
5. Juniper Networks, Inc.
6. NEC Corporation
7. Nokia Ojy
8. Telefonaktiebolaget LM Ericsson
9. Tellabs
10. ZTE 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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