Security and Surveillance Radar Market Strategies, Top Players, Growth, and Forecast by 2031

Coverage: Security and Surveillance Radar Market covers analysis By Platform (Land, Airborne, Naval); Application (Commercial, National Security, Defense) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00021947
  • Category : Aerospace and Defense
  • No. of Pages : 150
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Security and Surveillance Radar Market Drivers 2031

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The Security and Surveillance Radar Market is expected to register a CAGR of 7.1% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Type (Ground-Based Radars, Airborne Radars, Maritime Radars); Application (Commercial, National Security, Defense). 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 Security and Surveillance Radar 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.

Security and Surveillance Radar Market Segmentation

Type
  • Ground-Based Radars
  • Airborne Radars
  • Maritime Radars
Application
  • Commercial
  • National Security
  • Defense

Strategic Insights

Security and Surveillance Radar Market Growth Drivers
  • Rising Security Threats and Geopolitical Instability: One of the primary drivers of the security and surveillance radar market is the increasing frequency of security threats and geopolitical instability around the world. Terrorism, insurgency, cyber warfare, and regional conflicts have heightened the demand for robust surveillance systems, especially in sensitive areas such as border security, military installations, and critical infrastructure. Radar systems are crucial for early detection, tracking, and monitoring of airborne, maritime, and ground-based threats, allowing authorities to respond swiftly. Increased security concerns due to cross-border conflicts, terrorism, and global tensions have led to governments and organizations investing heavily in advanced radar systems for national defense, law enforcement, and public safety.
  • Increased Demand for Smart Cities and Infrastructure Protection: The rise of smart cities and the growing need to protect critical infrastructure is another significant driver. Security and surveillance radar systems are used to protect airports, seaports, power plants, and other critical infrastructure from potential threats. With the increase in the number of connected devices in smart cities and urban areas, the need for surveillance technologies capable of monitoring wide areas, detecting intrusions, and ensuring public safety has risen. Radar systems are essential for providing 24/7 surveillance, especially in urban areas where high-density populations and infrastructure require constant monitoring for safety, traffic management, and surveillance of public spaces.
Security and Surveillance Radar Market Future Trends
  • Growing Adoption in Homeland Security and Law Enforcement: Homeland security agencies and law enforcement organizations are increasingly investing in radar systems to enhance their surveillance capabilities. These agencies use radar systems for tasks such as border surveillance, monitoring high-risk areas, and tracking suspect vehicles or individuals. Ground surveillance radar (GSR), perimeter security radar, and vehicle-mounted radar systems are among the solutions gaining traction in these sectors. The adoption of these systems allows law enforcement to monitor vast areas effectively and respond quickly to suspicious activity. The growing trend of investing in technology for public safety and counter-terrorism efforts presents a substantial opportunity for radar manufacturers to expand their market share in the homeland security and law enforcement sectors.
  • Integration with AI and Machine Learning for Enhanced Surveillance: One of the most promising opportunities in the security and surveillance radar market is the integration of radar systems with artificial intelligence (AI) and machine learning (ML) algorithms. AI and ML can significantly improve radar data processing, enabling systems to automatically identify and classify objects, detect unusual behavior, and predict potential threats in real-time. This integration can reduce the workload on human operators and improve the overall responsiveness of surveillance systems. Additionally, AI-powered radar systems can enhance anomaly detection, allowing for quicker responses to emerging threats, especially in complex environments such as crowded urban areas or open borders. This opportunity is particularly relevant in sectors such as border security, military defense, and public safety.
Security and Surveillance Radar Market Opportunities
  • Miniaturization and Mobility of Radar Systems: A key trend in the radar industry is the miniaturization and mobility of radar systems. Smaller, lighter radar systems are increasingly being developed for portable, vehicle-mounted, and airborne applications. These systems are often more cost-effective, easier to deploy, and provide greater flexibility in use. The trend toward compact and mobile radar systems is driving growth in applications like vehicle-mounted security radar, drones, and portable handheld radar systems used by law enforcement or military personnel. This trend allows for more widespread adoption of radar systems in both defense and civilian markets, where mobility and rapid deployment are critical.
  • Integration of Multi-Sensor Surveillance Systems: Another notable trend in the security and surveillance radar market is the growing integration of multi-sensor systems. Modern radar systems are increasingly being integrated with other sensors, such as thermal cameras, infrared sensors, electro-optical devices, and acoustic sensors. This multi-sensor fusion improves the accuracy and reliability of surveillance, as radar data can be complemented with visual and thermal information for better threat detection and tracking. The ability to combine data from various sensor types enables more comprehensive surveillance, especially in environments where different types of threats—airborne, ground, and maritime—need to be monitored simultaneously. This trend is especially important in border security, military surveillance, and critical infrastructure protection.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Security and Surveillance Radar 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 Security and Surveillance Radar 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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


What are the options available for the customization of this report?

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.

What are the deliverable formats of the security and surveillance radar market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the future trends of the security and surveillance radar market?

Some of the major trends driving the security and surveillance radar market are:

1. Radar Size Reduction

2. Improved Radar Capabilities

What are the driving factors impacting the security and surveillance radar market?

The major factors driving the security and surveillance radar market are:

1. Demand for Enhanced Security in Commercial Sector

2. Demand for Critical Infrastructure Protection

What is the expected CAGR of the Security and Surveillance Radar Market?

The Security and Surveillance Radar Market is estimated to witness a CAGR of 7.1% from 2023 to 2031

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 Security And Surveillance Radar Market - By Platform
1.3.2 Security And Surveillance Radar Market - By Application
1.3.3 Security And Surveillance Radar Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SECURITY AND SURVEILLANCE RADAR 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. SECURITY AND SURVEILLANCE RADAR 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. SECURITY AND SURVEILLANCE RADAR MARKET - GLOBAL MARKET ANALYSIS
6.1. SECURITY AND SURVEILLANCE RADAR - GLOBAL MARKET OVERVIEW
6.2. SECURITY AND SURVEILLANCE RADAR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. SECURITY AND SURVEILLANCE RADAR MARKET - REVENUE AND FORECASTS TO 2028 - PLATFORM
7.1. OVERVIEW
7.2. PLATFORM MARKET FORECASTS AND ANALYSIS
7.3. LAND
7.3.1. Overview
7.3.2. Land Market Forecast and Analysis
7.4. AIRBORNE
7.4.1. Overview
7.4.2. Airborne Market Forecast and Analysis
7.5. NAVAL
7.5.1. Overview
7.5.2. Naval Market Forecast and Analysis
8. SECURITY AND SURVEILLANCE RADAR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL
8.3.1. Overview
8.3.2. Commercial Market Forecast and Analysis
8.4. NATIONAL SECURITY
8.4.1. Overview
8.4.2. National Security Market Forecast and Analysis
8.5. DEFENSE
8.5.1. Overview
8.5.2. Defense Market Forecast and Analysis

9. SECURITY AND SURVEILLANCE RADAR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Security And Surveillance Radar Market Overview
9.1.2 North America Security And Surveillance Radar Market Forecasts and Analysis
9.1.3 North America Security And Surveillance Radar Market Forecasts and Analysis - By Platform
9.1.4 North America Security And Surveillance Radar Market Forecasts and Analysis - By Application
9.1.5 North America Security And Surveillance Radar Market Forecasts and Analysis - By Countries
9.1.5.1 United States Security And Surveillance Radar Market
9.1.5.1.1 United States Security And Surveillance Radar Market by Platform
9.1.5.1.2 United States Security And Surveillance Radar Market by Application
9.1.5.2 Canada Security And Surveillance Radar Market
9.1.5.2.1 Canada Security And Surveillance Radar Market by Platform
9.1.5.2.2 Canada Security And Surveillance Radar Market by Application
9.1.5.3 Mexico Security And Surveillance Radar Market
9.1.5.3.1 Mexico Security And Surveillance Radar Market by Platform
9.1.5.3.2 Mexico Security And Surveillance Radar Market by Application
9.2. EUROPE
9.2.1 Europe Security And Surveillance Radar Market Overview
9.2.2 Europe Security And Surveillance Radar Market Forecasts and Analysis
9.2.3 Europe Security And Surveillance Radar Market Forecasts and Analysis - By Platform
9.2.4 Europe Security And Surveillance Radar Market Forecasts and Analysis - By Application
9.2.5 Europe Security And Surveillance Radar Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Security And Surveillance Radar Market
9.2.5.1.1 Germany Security And Surveillance Radar Market by Platform
9.2.5.1.2 Germany Security And Surveillance Radar Market by Application
9.2.5.2 France Security And Surveillance Radar Market
9.2.5.2.1 France Security And Surveillance Radar Market by Platform
9.2.5.2.2 France Security And Surveillance Radar Market by Application
9.2.5.3 Italy Security And Surveillance Radar Market
9.2.5.3.1 Italy Security And Surveillance Radar Market by Platform
9.2.5.3.2 Italy Security And Surveillance Radar Market by Application
9.2.5.4 United Kingdom Security And Surveillance Radar Market
9.2.5.4.1 United Kingdom Security And Surveillance Radar Market by Platform
9.2.5.4.2 United Kingdom Security And Surveillance Radar Market by Application
9.2.5.5 Russia Security And Surveillance Radar Market
9.2.5.5.1 Russia Security And Surveillance Radar Market by Platform
9.2.5.5.2 Russia Security And Surveillance Radar Market by Application
9.2.5.6 Rest of Europe Security And Surveillance Radar Market
9.2.5.6.1 Rest of Europe Security And Surveillance Radar Market by Platform
9.2.5.6.2 Rest of Europe Security And Surveillance Radar Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Security And Surveillance Radar Market Overview
9.3.2 Asia-Pacific Security And Surveillance Radar Market Forecasts and Analysis
9.3.3 Asia-Pacific Security And Surveillance Radar Market Forecasts and Analysis - By Platform
9.3.4 Asia-Pacific Security And Surveillance Radar Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Security And Surveillance Radar Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Security And Surveillance Radar Market
9.3.5.1.1 Australia Security And Surveillance Radar Market by Platform
9.3.5.1.2 Australia Security And Surveillance Radar Market by Application
9.3.5.2 China Security And Surveillance Radar Market
9.3.5.2.1 China Security And Surveillance Radar Market by Platform
9.3.5.2.2 China Security And Surveillance Radar Market by Application
9.3.5.3 India Security And Surveillance Radar Market
9.3.5.3.1 India Security And Surveillance Radar Market by Platform
9.3.5.3.2 India Security And Surveillance Radar Market by Application
9.3.5.4 Japan Security And Surveillance Radar Market
9.3.5.4.1 Japan Security And Surveillance Radar Market by Platform
9.3.5.4.2 Japan Security And Surveillance Radar Market by Application
9.3.5.5 South Korea Security And Surveillance Radar Market
9.3.5.5.1 South Korea Security And Surveillance Radar Market by Platform
9.3.5.5.2 South Korea Security And Surveillance Radar Market by Application
9.3.5.6 Rest of Asia-Pacific Security And Surveillance Radar Market
9.3.5.6.1 Rest of Asia-Pacific Security And Surveillance Radar Market by Platform
9.3.5.6.2 Rest of Asia-Pacific Security And Surveillance Radar Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Security And Surveillance Radar Market Overview
9.4.2 Middle East and Africa Security And Surveillance Radar Market Forecasts and Analysis
9.4.3 Middle East and Africa Security And Surveillance Radar Market Forecasts and Analysis - By Platform
9.4.4 Middle East and Africa Security And Surveillance Radar Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Security And Surveillance Radar Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Security And Surveillance Radar Market
9.4.5.1.1 South Africa Security And Surveillance Radar Market by Platform
9.4.5.1.2 South Africa Security And Surveillance Radar Market by Application
9.4.5.2 Saudi Arabia Security And Surveillance Radar Market
9.4.5.2.1 Saudi Arabia Security And Surveillance Radar Market by Platform
9.4.5.2.2 Saudi Arabia Security And Surveillance Radar Market by Application
9.4.5.3 U.A.E Security And Surveillance Radar Market
9.4.5.3.1 U.A.E Security And Surveillance Radar Market by Platform
9.4.5.3.2 U.A.E Security And Surveillance Radar Market by Application
9.4.5.4 Rest of Middle East and Africa Security And Surveillance Radar Market
9.4.5.4.1 Rest of Middle East and Africa Security And Surveillance Radar Market by Platform
9.4.5.4.2 Rest of Middle East and Africa Security And Surveillance Radar Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Security And Surveillance Radar Market Overview
9.5.2 South and Central America Security And Surveillance Radar Market Forecasts and Analysis
9.5.3 South and Central America Security And Surveillance Radar Market Forecasts and Analysis - By Platform
9.5.4 South and Central America Security And Surveillance Radar Market Forecasts and Analysis - By Application
9.5.5 South and Central America Security And Surveillance Radar Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Security And Surveillance Radar Market
9.5.5.1.1 Brazil Security And Surveillance Radar Market by Platform
9.5.5.1.2 Brazil Security And Surveillance Radar Market by Application
9.5.5.2 Rest of South and Central America Security And Surveillance Radar Market
9.5.5.2.1 Rest of South and Central America Security And Surveillance Radar Market by Platform
9.5.5.2.2 Rest of South and Central America Security And Surveillance Radar 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. SECURITY AND SURVEILLANCE RADAR MARKET, KEY COMPANY PROFILES
11.1. COLLINS AEROSPACE
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. ISRAEL AEROSPACE INDUSTRIES
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. HONEYWELL INTERNATIONAL INC.
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. HENSOLDT
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. LOCKHEED MARTIN CORPORATION
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. LEONARDO S.P.A
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. NORTHROP GRUMMAN
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. RAYTHEON TECHNOLOGIES CORPORATION
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. SAAB
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. THALES GROUP
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
The List of Companies

1. Collins Aerospace
2. Israel Aerospace Industries
3. Honeywell International Inc.
4. HENSOLDT
5. Lockheed Martin Corporation
6. Leonardo S.p.A
7. Northrop Grumman
8. Raytheon Technologies Corporation
9. Saab
10. Thales Group

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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