Smart process applications are designed to support the organizations' business process management efforts collaboratively. The advancements in the IT and Telecom industry, increasing connectivity and growth of mobile devices are the significant factors that are expected to drive the growth of this market. The increasing business complexity is creating opportunities for the companies operating in the smart process application market to cater to a broader customer base.
MARKET DYNAMICS
Technological advancements, increasing business agility, and limitation with the traditional business applications are the major factors that are expected to drive the growth of smart process application market whereas operational issues and low adoption rate are the major factors that might hinder the growth of this market.
MARKET SCOPE
The "Global Smart Process Application Market Analysis to 2031" is a specialized and in-depth study of the smart process application industry with a special focus on the global market trend analysis. The report aims to provide an overview of smart process application market with detailed market segmentation by solution, service, deployment, end-user, organization size and geography. The global smart process application market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart process application market players and offers key trends and opportunities in the smart process application market.
MARKET SEGMENTATION
The global smart process application market is segmented on the basis of solution, service, deployment, end-user, and organization size. Based on solution, the market is segmented as Enterprise Content Management, Business Process Management, Customer Experience Management, Business Intelligence and Analytics, and Others. On the basis of the service the market is segmented as professional and managed. On the basis of deployment model the market is segmented as on-premise and cloud. Based on end-user the market the market is segmented as BFSI, retail, manufacturing, healthcare, and others. Based on the organization size the market is segmented as SMEs and large enterprise.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart process application market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart process application market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart process application market from both demand and supply side and further evaluates market dynamics effecting the market during 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 effecting the smart process application market in these regions.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart process application market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart process application market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart process application market from both demand and supply side and further evaluates market dynamics effecting the market during 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 effecting the smart process application market in these regions.
The reports cover key developments in the smart process application 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 market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from smart process application market are anticipated to lucrative growth opportunities in the future with the rising demand for smart process application in the global market. Below mentioned is the list of few companies engaged in the smart process application market.
The report also includes the profiles of key smart process application companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Appian Corporation
- convedo UK
- Daassnet SRL
- EMC Corporation
- IBM Corporation
- Kofax Inc.
- Lexmark International
- Opentext Corp
- Salesforce.Com
- SAP SE
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities

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

Segment Covered
This text is related
to segments covered.

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

Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Process Application Market - By Solution
1.3.2 Smart Process Application Market - By Services
1.3.3 Smart Process Application Market - By Deployment Model
1.3.4 Smart Process Application Market - By End-user
1.3.5 Smart Process Application Market - By Organization Size
1.3.6 Smart Process Application Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SMART PROCESS APPLICATION 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. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SMART PROCESS APPLICATION 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. SMART PROCESS APPLICATION MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART PROCESS APPLICATION - GLOBAL MARKET OVERVIEW
6.2. SMART PROCESS APPLICATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SMART PROCESS APPLICATION MARKET - REVENUE AND FORECASTS TO 2028 - SOLUTION
7.1. OVERVIEW
7.2. SOLUTION MARKET FORECASTS AND ANALYSIS
7.3. ENTERPRISE CONTENT MANAGEMENT
7.3.1. Overview
7.3.2. Enterprise Content Management Market Forecast and Analysis
7.4. BUSINESS PROCESS MANAGEMENT
7.4.1. Overview
7.4.2. Business Process Management Market Forecast and Analysis
7.5. CUSTOMER EXPERIENCE MANAGEMENT
7.5.1. Overview
7.5.2. Customer Experience Management Market Forecast and Analysis
7.6. BUSINESS INTELLIGENCE AND ANALYTICS
7.6.1. Overview
7.6.2. Business Intelligence and Analytics Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. SMART PROCESS APPLICATION MARKET - REVENUE AND FORECASTS TO 2028 - SERVICES
8.1. OVERVIEW
8.2. SERVICES MARKET FORECASTS AND ANALYSIS
8.3. PROFESSIONAL
8.3.1. Overview
8.3.2. Professional Market Forecast and Analysis
8.4. MANAGED
8.4.1. Overview
8.4.2. Managed Market Forecast and Analysis
9. SMART PROCESS APPLICATION MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT MODEL
9.1. OVERVIEW
9.2. DEPLOYMENT MODEL MARKET FORECASTS AND ANALYSIS
9.3. ON-PREMISES
9.3.1. Overview
9.3.2. On-Premises Market Forecast and Analysis
9.4. CLOUD
9.4.1. Overview
9.4.2. Cloud Market Forecast and Analysis
10. SMART PROCESS APPLICATION MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1. OVERVIEW
10.2. END-USER MARKET FORECASTS AND ANALYSIS
10.3. BFSI
10.3.1. Overview
10.3.2. BFSI Market Forecast and Analysis
10.4. RETAIL
10.4.1. Overview
10.4.2. Retail Market Forecast and Analysis
10.5. MANUFACTURING
10.5.1. Overview
10.5.2. Manufacturing Market Forecast and Analysis
10.6. HEALTHCARE
10.6.1. Overview
10.6.2. Healthcare Market Forecast and Analysis
10.7. OTHERS
10.7.1. Overview
10.7.2. Others Market Forecast and Analysis
11. SMART PROCESS APPLICATION MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION SIZE
11.1. OVERVIEW
11.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
11.3. SMES
11.3.1. Overview
11.3.2. SMEs Market Forecast and Analysis
11.4. LARGE ENTERPRISE
11.4.1. Overview
11.4.2. Large Enterprise Market Forecast and Analysis
12. SMART PROCESS APPLICATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Smart Process Application Market Overview
12.1.2 North America Smart Process Application Market Forecasts and Analysis
12.1.3 North America Smart Process Application Market Forecasts and Analysis - By Solution
12.1.4 North America Smart Process Application Market Forecasts and Analysis - By Services
12.1.5 North America Smart Process Application Market Forecasts and Analysis - By Deployment Model
12.1.6 North America Smart Process Application Market Forecasts and Analysis - By End-user
12.1.7 North America Smart Process Application Market Forecasts and Analysis - By Organization Size
12.1.8 North America Smart Process Application Market Forecasts and Analysis - By Countries
12.1.8.1 United States Smart Process Application Market
12.1.8.1.1 United States Smart Process Application Market by Solution
12.1.8.1.2 United States Smart Process Application Market by Services
12.1.8.1.3 United States Smart Process Application Market by Deployment Model
12.1.8.1.4 United States Smart Process Application Market by End-user
12.1.8.1.5 United States Smart Process Application Market by Organization Size
12.1.8.2 Canada Smart Process Application Market
12.1.8.2.1 Canada Smart Process Application Market by Solution
12.1.8.2.2 Canada Smart Process Application Market by Services
12.1.8.2.3 Canada Smart Process Application Market by Deployment Model
12.1.8.2.4 Canada Smart Process Application Market by End-user
12.1.8.2.5 Canada Smart Process Application Market by Organization Size
12.1.8.3 Mexico Smart Process Application Market
12.1.8.3.1 Mexico Smart Process Application Market by Solution
12.1.8.3.2 Mexico Smart Process Application Market by Services
12.1.8.3.3 Mexico Smart Process Application Market by Deployment Model
12.1.8.3.4 Mexico Smart Process Application Market by End-user
12.1.8.3.5 Mexico Smart Process Application Market by Organization Size
12.2. EUROPE
12.2.1 Europe Smart Process Application Market Overview
12.2.2 Europe Smart Process Application Market Forecasts and Analysis
12.2.3 Europe Smart Process Application Market Forecasts and Analysis - By Solution
12.2.4 Europe Smart Process Application Market Forecasts and Analysis - By Services
12.2.5 Europe Smart Process Application Market Forecasts and Analysis - By Deployment Model
12.2.6 Europe Smart Process Application Market Forecasts and Analysis - By End-user
12.2.7 Europe Smart Process Application Market Forecasts and Analysis - By Organization Size
12.2.8 Europe Smart Process Application Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Smart Process Application Market
12.2.8.1.1 Germany Smart Process Application Market by Solution
12.2.8.1.2 Germany Smart Process Application Market by Services
12.2.8.1.3 Germany Smart Process Application Market by Deployment Model
12.2.8.1.4 Germany Smart Process Application Market by End-user
12.2.8.1.5 Germany Smart Process Application Market by Organization Size
12.2.8.2 France Smart Process Application Market
12.2.8.2.1 France Smart Process Application Market by Solution
12.2.8.2.2 France Smart Process Application Market by Services
12.2.8.2.3 France Smart Process Application Market by Deployment Model
12.2.8.2.4 France Smart Process Application Market by End-user
12.2.8.2.5 France Smart Process Application Market by Organization Size
12.2.8.3 Italy Smart Process Application Market
12.2.8.3.1 Italy Smart Process Application Market by Solution
12.2.8.3.2 Italy Smart Process Application Market by Services
12.2.8.3.3 Italy Smart Process Application Market by Deployment Model
12.2.8.3.4 Italy Smart Process Application Market by End-user
12.2.8.3.5 Italy Smart Process Application Market by Organization Size
12.2.8.4 United Kingdom Smart Process Application Market
12.2.8.4.1 United Kingdom Smart Process Application Market by Solution
12.2.8.4.2 United Kingdom Smart Process Application Market by Services
12.2.8.4.3 United Kingdom Smart Process Application Market by Deployment Model
12.2.8.4.4 United Kingdom Smart Process Application Market by End-user
12.2.8.4.5 United Kingdom Smart Process Application Market by Organization Size
12.2.8.5 Russia Smart Process Application Market
12.2.8.5.1 Russia Smart Process Application Market by Solution
12.2.8.5.2 Russia Smart Process Application Market by Services
12.2.8.5.3 Russia Smart Process Application Market by Deployment Model
12.2.8.5.4 Russia Smart Process Application Market by End-user
12.2.8.5.5 Russia Smart Process Application Market by Organization Size
12.2.8.6 Rest of Europe Smart Process Application Market
12.2.8.6.1 Rest of Europe Smart Process Application Market by Solution
12.2.8.6.2 Rest of Europe Smart Process Application Market by Services
12.2.8.6.3 Rest of Europe Smart Process Application Market by Deployment Model
12.2.8.6.4 Rest of Europe Smart Process Application Market by End-user
12.2.8.6.5 Rest of Europe Smart Process Application Market by Organization Size
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Smart Process Application Market Overview
12.3.2 Asia-Pacific Smart Process Application Market Forecasts and Analysis
12.3.3 Asia-Pacific Smart Process Application Market Forecasts and Analysis - By Solution
12.3.4 Asia-Pacific Smart Process Application Market Forecasts and Analysis - By Services
12.3.5 Asia-Pacific Smart Process Application Market Forecasts and Analysis - By Deployment Model
12.3.6 Asia-Pacific Smart Process Application Market Forecasts and Analysis - By End-user
12.3.7 Asia-Pacific Smart Process Application Market Forecasts and Analysis - By Organization Size
12.3.8 Asia-Pacific Smart Process Application Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Smart Process Application Market
12.3.8.1.1 Australia Smart Process Application Market by Solution
12.3.8.1.2 Australia Smart Process Application Market by Services
12.3.8.1.3 Australia Smart Process Application Market by Deployment Model
12.3.8.1.4 Australia Smart Process Application Market by End-user
12.3.8.1.5 Australia Smart Process Application Market by Organization Size
12.3.8.2 China Smart Process Application Market
12.3.8.2.1 China Smart Process Application Market by Solution
12.3.8.2.2 China Smart Process Application Market by Services
12.3.8.2.3 China Smart Process Application Market by Deployment Model
12.3.8.2.4 China Smart Process Application Market by End-user
12.3.8.2.5 China Smart Process Application Market by Organization Size
12.3.8.3 India Smart Process Application Market
12.3.8.3.1 India Smart Process Application Market by Solution
12.3.8.3.2 India Smart Process Application Market by Services
12.3.8.3.3 India Smart Process Application Market by Deployment Model
12.3.8.3.4 India Smart Process Application Market by End-user
12.3.8.3.5 India Smart Process Application Market by Organization Size
12.3.8.4 Japan Smart Process Application Market
12.3.8.4.1 Japan Smart Process Application Market by Solution
12.3.8.4.2 Japan Smart Process Application Market by Services
12.3.8.4.3 Japan Smart Process Application Market by Deployment Model
12.3.8.4.4 Japan Smart Process Application Market by End-user
12.3.8.4.5 Japan Smart Process Application Market by Organization Size
12.3.8.5 South Korea Smart Process Application Market
12.3.8.5.1 South Korea Smart Process Application Market by Solution
12.3.8.5.2 South Korea Smart Process Application Market by Services
12.3.8.5.3 South Korea Smart Process Application Market by Deployment Model
12.3.8.5.4 South Korea Smart Process Application Market by End-user
12.3.8.5.5 South Korea Smart Process Application Market by Organization Size
12.3.8.6 Rest of Asia-Pacific Smart Process Application Market
12.3.8.6.1 Rest of Asia-Pacific Smart Process Application Market by Solution
12.3.8.6.2 Rest of Asia-Pacific Smart Process Application Market by Services
12.3.8.6.3 Rest of Asia-Pacific Smart Process Application Market by Deployment Model
12.3.8.6.4 Rest of Asia-Pacific Smart Process Application Market by End-user
12.3.8.6.5 Rest of Asia-Pacific Smart Process Application Market by Organization Size
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Smart Process Application Market Overview
12.4.2 Middle East and Africa Smart Process Application Market Forecasts and Analysis
12.4.3 Middle East and Africa Smart Process Application Market Forecasts and Analysis - By Solution
12.4.4 Middle East and Africa Smart Process Application Market Forecasts and Analysis - By Services
12.4.5 Middle East and Africa Smart Process Application Market Forecasts and Analysis - By Deployment Model
12.4.6 Middle East and Africa Smart Process Application Market Forecasts and Analysis - By End-user
12.4.7 Middle East and Africa Smart Process Application Market Forecasts and Analysis - By Organization Size
12.4.8 Middle East and Africa Smart Process Application Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Smart Process Application Market
12.4.8.1.1 South Africa Smart Process Application Market by Solution
12.4.8.1.2 South Africa Smart Process Application Market by Services
12.4.8.1.3 South Africa Smart Process Application Market by Deployment Model
12.4.8.1.4 South Africa Smart Process Application Market by End-user
12.4.8.1.5 South Africa Smart Process Application Market by Organization Size
12.4.8.2 Saudi Arabia Smart Process Application Market
12.4.8.2.1 Saudi Arabia Smart Process Application Market by Solution
12.4.8.2.2 Saudi Arabia Smart Process Application Market by Services
12.4.8.2.3 Saudi Arabia Smart Process Application Market by Deployment Model
12.4.8.2.4 Saudi Arabia Smart Process Application Market by End-user
12.4.8.2.5 Saudi Arabia Smart Process Application Market by Organization Size
12.4.8.3 U.A.E Smart Process Application Market
12.4.8.3.1 U.A.E Smart Process Application Market by Solution
12.4.8.3.2 U.A.E Smart Process Application Market by Services
12.4.8.3.3 U.A.E Smart Process Application Market by Deployment Model
12.4.8.3.4 U.A.E Smart Process Application Market by End-user
12.4.8.3.5 U.A.E Smart Process Application Market by Organization Size
12.4.8.4 Rest of Middle East and Africa Smart Process Application Market
12.4.8.4.1 Rest of Middle East and Africa Smart Process Application Market by Solution
12.4.8.4.2 Rest of Middle East and Africa Smart Process Application Market by Services
12.4.8.4.3 Rest of Middle East and Africa Smart Process Application Market by Deployment Model
12.4.8.4.4 Rest of Middle East and Africa Smart Process Application Market by End-user
12.4.8.4.5 Rest of Middle East and Africa Smart Process Application Market by Organization Size
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Smart Process Application Market Overview
12.5.2 South and Central America Smart Process Application Market Forecasts and Analysis
12.5.3 South and Central America Smart Process Application Market Forecasts and Analysis - By Solution
12.5.4 South and Central America Smart Process Application Market Forecasts and Analysis - By Services
12.5.5 South and Central America Smart Process Application Market Forecasts and Analysis - By Deployment Model
12.5.6 South and Central America Smart Process Application Market Forecasts and Analysis - By End-user
12.5.7 South and Central America Smart Process Application Market Forecasts and Analysis - By Organization Size
12.5.8 South and Central America Smart Process Application Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Smart Process Application Market
12.5.8.1.1 Brazil Smart Process Application Market by Solution
12.5.8.1.2 Brazil Smart Process Application Market by Services
12.5.8.1.3 Brazil Smart Process Application Market by Deployment Model
12.5.8.1.4 Brazil Smart Process Application Market by End-user
12.5.8.1.5 Brazil Smart Process Application Market by Organization Size
12.5.8.2 Argentina Smart Process Application Market
12.5.8.2.1 Argentina Smart Process Application Market by Solution
12.5.8.2.2 Argentina Smart Process Application Market by Services
12.5.8.2.3 Argentina Smart Process Application Market by Deployment Model
12.5.8.2.4 Argentina Smart Process Application Market by End-user
12.5.8.2.5 Argentina Smart Process Application Market by Organization Size
12.5.8.3 Rest of South and Central America Smart Process Application Market
12.5.8.3.1 Rest of South and Central America Smart Process Application Market by Solution
12.5.8.3.2 Rest of South and Central America Smart Process Application Market by Services
12.5.8.3.3 Rest of South and Central America Smart Process Application Market by Deployment Model
12.5.8.3.4 Rest of South and Central America Smart Process Application Market by End-user
12.5.8.3.5 Rest of South and Central America Smart Process Application Market by Organization Size
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. SMART PROCESS APPLICATION MARKET, KEY COMPANY PROFILES
14.1. APPIAN CORPORATION
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. CONVEDO UK
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. DAASSNET SRL
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. EMC 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. IBM CORPORATION
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. KOFAX INC.
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. LEXMARK INTERNATIONAL
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. OPENTEXT CORP
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. SALESFORCE.COM
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. SAP SE
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
1. Appian Corporation
2. convedo UK
3. Daassnet SRL
4. EMC Corporation
5. IBM Corporation
6. Kofax Inc.
7. Lexmark International
8. Opentext Corp
9. Salesforce. Com
10. SAP SE
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.