Smart Shoes Market Analysis 2021-2031 | Top Players
The Smart Shoes Market is expected to register a CAGR of 12.1% 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 Function (Step-counting smart shoes, Navigation smart shoes, Auto-tightening smart shoes, Positioning shoes); Distribution Channel (Online, Brick and Mortar Store); End-User (Men, Women, Kids). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Smart Shoes 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.
Smart Shoes Market Segmentation
Function- Step-counting smart shoes
- Navigation smart shoes
- Auto-tightening smart shoes
- Positioning shoes
- Online
- Brick and Mortar Store
- Men
- Women
- Kids
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Smart Shoes Market Growth Drivers- Digital Health Integration: The growing consumer focus on health monitoring and fitness tracking has spurred demand for smart shoes with integrated sensors. These shoes track metrics like steps, gait analysis, and posture, syncing with smartphones to provide real-time health insights, appealing to both fitness enthusiasts and health-conscious individuals.
- Athletic Performance Enhancement: Professional athletes and sports teams are increasingly adopting smart shoes for performance optimization. Advanced features like pressure mapping, impact analysis, and real-time feedback help improve training efficiency, reduce injury risks, and enhance competitive performance, driving adoption in professional sports markets
- AI-Powered Personalization: Smart shoes are evolving with artificial intelligence capabilities that learn from user behavior and adapt to individual preferences. These shoes can automatically adjust cushioning, support, and fit based on activity patterns and environmental conditions, offering a highly personalized wearing experience that changes throughout the day.
- Increasing Health and Fitness Awareness: The growing focus on health, fitness, and wellness is a significant driver for the smart shoes market. As consumers become more health-conscious, they seek wearable technologies that can help them monitor their physical activity, track performance, and improve overall well-being. Smart shoes, equipped with sensors that track steps, distance, calories burned, gait, and even posture, offer a practical solution for fitness enthusiasts, athletes, and those aiming for a healthier lifestyle. These shoes often sync with mobile apps, providing real-time data and feedback, which appeals to users seeking to optimize their fitness routines and track progress over time.
- Medical Applications: The integration of smart shoes in healthcare presents significant growth potential. These shoes can assist in rehabilitation, monitor patients with mobility issues, and provide early detection of gait abnormalities. Healthcare providers are showing increasing interest in prescribing smart shoes for patient monitoring.
- Sustainable Manufacturing: Growing environmental consciousness creates opportunities for eco-friendly smart shoe production. Manufacturers can leverage recyclable materials, sustainable production methods, and energy-efficient sensors to appeal to environmentally conscious consumers while reducing production costs.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Smart Shoes 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 Smart Shoes 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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- 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
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
AI-powered personalization is anticipated to play a significant role in the global smart shoes market in the coming years
The Smart Shoes Market is estimated to witness a CAGR of 12.1% from 2023 to 2031
Digital health integration and athletic performance enhancement are the major factors driving the smart shoes market
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Shoe Market - By Function
1.3.2 Smart Shoe Market - By Distribution Channel
1.3.3 Smart Shoe Market - By End-User
1.3.4 Smart Shoe Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SMART SHOE 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. SMART SHOE 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. SMART SHOE MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART SHOE - GLOBAL MARKET OVERVIEW
6.2. SMART SHOE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SMART SHOE MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION
7.1. OVERVIEW
7.2. FUNCTION MARKET FORECASTS AND ANALYSIS
7.3. STEP-COUNTING SMART SHOES
7.3.1. Overview
7.3.2. Step-counting smart shoes Market Forecast and Analysis
7.4. NAVIGATION SMART SHOES
7.4.1. Overview
7.4.2. Navigation smart shoes Market Forecast and Analysis
7.5. AUTO-TIGHTENING SMART SHOES
7.5.1. Overview
7.5.2. Auto-tightening smart shoes Market Forecast and Analysis
7.6. POSITIONING SHOES
7.6.1. Overview
7.6.2. Positioning shoes Market Forecast and Analysis
8. SMART SHOE MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. ONLINE
8.3.1. Overview
8.3.2. Online Market Forecast and Analysis
8.4. BRICK AND MORTAR STORE
8.4.1. Overview
8.4.2. Brick and Mortar Store Market Forecast and Analysis
9. SMART SHOE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. ADULTS
9.3.1. Overview
9.3.2. Adults Market Forecast and Analysis
9.4. SENIOR CITIZENS
9.4.1. Overview
9.4.2. Senior citizens Market Forecast and Analysis
9.5. PEOPLE WITH DISABILITIES
9.5.1. Overview
9.5.2. People with Disabilities Market Forecast and Analysis
9.6. KIDS
9.6.1. Overview
9.6.2. Kids Market Forecast and Analysis
10. SMART SHOE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Smart Shoe Market Overview
10.1.2 North America Smart Shoe Market Forecasts and Analysis
10.1.3 North America Smart Shoe Market Forecasts and Analysis - By Function
10.1.4 North America Smart Shoe Market Forecasts and Analysis - By Distribution Channel
10.1.5 North America Smart Shoe Market Forecasts and Analysis - By End-User
10.1.6 North America Smart Shoe Market Forecasts and Analysis - By Countries
10.1.6.1 United States Smart Shoe Market
10.1.6.1.1 United States Smart Shoe Market by Function
10.1.6.1.2 United States Smart Shoe Market by Distribution Channel
10.1.6.1.3 United States Smart Shoe Market by End-User
10.1.6.2 Canada Smart Shoe Market
10.1.6.2.1 Canada Smart Shoe Market by Function
10.1.6.2.2 Canada Smart Shoe Market by Distribution Channel
10.1.6.2.3 Canada Smart Shoe Market by End-User
10.1.6.3 Mexico Smart Shoe Market
10.1.6.3.1 Mexico Smart Shoe Market by Function
10.1.6.3.2 Mexico Smart Shoe Market by Distribution Channel
10.1.6.3.3 Mexico Smart Shoe Market by End-User
10.2. EUROPE
10.2.1 Europe Smart Shoe Market Overview
10.2.2 Europe Smart Shoe Market Forecasts and Analysis
10.2.3 Europe Smart Shoe Market Forecasts and Analysis - By Function
10.2.4 Europe Smart Shoe Market Forecasts and Analysis - By Distribution Channel
10.2.5 Europe Smart Shoe Market Forecasts and Analysis - By End-User
10.2.6 Europe Smart Shoe Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Smart Shoe Market
10.2.6.1.1 Germany Smart Shoe Market by Function
10.2.6.1.2 Germany Smart Shoe Market by Distribution Channel
10.2.6.1.3 Germany Smart Shoe Market by End-User
10.2.6.2 France Smart Shoe Market
10.2.6.2.1 France Smart Shoe Market by Function
10.2.6.2.2 France Smart Shoe Market by Distribution Channel
10.2.6.2.3 France Smart Shoe Market by End-User
10.2.6.3 Italy Smart Shoe Market
10.2.6.3.1 Italy Smart Shoe Market by Function
10.2.6.3.2 Italy Smart Shoe Market by Distribution Channel
10.2.6.3.3 Italy Smart Shoe Market by End-User
10.2.6.4 United Kingdom Smart Shoe Market
10.2.6.4.1 United Kingdom Smart Shoe Market by Function
10.2.6.4.2 United Kingdom Smart Shoe Market by Distribution Channel
10.2.6.4.3 United Kingdom Smart Shoe Market by End-User
10.2.6.5 Russia Smart Shoe Market
10.2.6.5.1 Russia Smart Shoe Market by Function
10.2.6.5.2 Russia Smart Shoe Market by Distribution Channel
10.2.6.5.3 Russia Smart Shoe Market by End-User
10.2.6.6 Rest of Europe Smart Shoe Market
10.2.6.6.1 Rest of Europe Smart Shoe Market by Function
10.2.6.6.2 Rest of Europe Smart Shoe Market by Distribution Channel
10.2.6.6.3 Rest of Europe Smart Shoe Market by End-User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Smart Shoe Market Overview
10.3.2 Asia-Pacific Smart Shoe Market Forecasts and Analysis
10.3.3 Asia-Pacific Smart Shoe Market Forecasts and Analysis - By Function
10.3.4 Asia-Pacific Smart Shoe Market Forecasts and Analysis - By Distribution Channel
10.3.5 Asia-Pacific Smart Shoe Market Forecasts and Analysis - By End-User
10.3.6 Asia-Pacific Smart Shoe Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Smart Shoe Market
10.3.6.1.1 Australia Smart Shoe Market by Function
10.3.6.1.2 Australia Smart Shoe Market by Distribution Channel
10.3.6.1.3 Australia Smart Shoe Market by End-User
10.3.6.2 China Smart Shoe Market
10.3.6.2.1 China Smart Shoe Market by Function
10.3.6.2.2 China Smart Shoe Market by Distribution Channel
10.3.6.2.3 China Smart Shoe Market by End-User
10.3.6.3 India Smart Shoe Market
10.3.6.3.1 India Smart Shoe Market by Function
10.3.6.3.2 India Smart Shoe Market by Distribution Channel
10.3.6.3.3 India Smart Shoe Market by End-User
10.3.6.4 Japan Smart Shoe Market
10.3.6.4.1 Japan Smart Shoe Market by Function
10.3.6.4.2 Japan Smart Shoe Market by Distribution Channel
10.3.6.4.3 Japan Smart Shoe Market by End-User
10.3.6.5 South Korea Smart Shoe Market
10.3.6.5.1 South Korea Smart Shoe Market by Function
10.3.6.5.2 South Korea Smart Shoe Market by Distribution Channel
10.3.6.5.3 South Korea Smart Shoe Market by End-User
10.3.6.6 Rest of Asia-Pacific Smart Shoe Market
10.3.6.6.1 Rest of Asia-Pacific Smart Shoe Market by Function
10.3.6.6.2 Rest of Asia-Pacific Smart Shoe Market by Distribution Channel
10.3.6.6.3 Rest of Asia-Pacific Smart Shoe Market by End-User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Smart Shoe Market Overview
10.4.2 Middle East and Africa Smart Shoe Market Forecasts and Analysis
10.4.3 Middle East and Africa Smart Shoe Market Forecasts and Analysis - By Function
10.4.4 Middle East and Africa Smart Shoe Market Forecasts and Analysis - By Distribution Channel
10.4.5 Middle East and Africa Smart Shoe Market Forecasts and Analysis - By End-User
10.4.6 Middle East and Africa Smart Shoe Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Smart Shoe Market
10.4.6.1.1 South Africa Smart Shoe Market by Function
10.4.6.1.2 South Africa Smart Shoe Market by Distribution Channel
10.4.6.1.3 South Africa Smart Shoe Market by End-User
10.4.6.2 Saudi Arabia Smart Shoe Market
10.4.6.2.1 Saudi Arabia Smart Shoe Market by Function
10.4.6.2.2 Saudi Arabia Smart Shoe Market by Distribution Channel
10.4.6.2.3 Saudi Arabia Smart Shoe Market by End-User
10.4.6.3 U.A.E Smart Shoe Market
10.4.6.3.1 U.A.E Smart Shoe Market by Function
10.4.6.3.2 U.A.E Smart Shoe Market by Distribution Channel
10.4.6.3.3 U.A.E Smart Shoe Market by End-User
10.4.6.4 Rest of Middle East and Africa Smart Shoe Market
10.4.6.4.1 Rest of Middle East and Africa Smart Shoe Market by Function
10.4.6.4.2 Rest of Middle East and Africa Smart Shoe Market by Distribution Channel
10.4.6.4.3 Rest of Middle East and Africa Smart Shoe Market by End-User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Smart Shoe Market Overview
10.5.2 South and Central America Smart Shoe Market Forecasts and Analysis
10.5.3 South and Central America Smart Shoe Market Forecasts and Analysis - By Function
10.5.4 South and Central America Smart Shoe Market Forecasts and Analysis - By Distribution Channel
10.5.5 South and Central America Smart Shoe Market Forecasts and Analysis - By End-User
10.5.6 South and Central America Smart Shoe Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Smart Shoe Market
10.5.6.1.1 Brazil Smart Shoe Market by Function
10.5.6.1.2 Brazil Smart Shoe Market by Distribution Channel
10.5.6.1.3 Brazil Smart Shoe Market by End-User
10.5.6.2 Argentina Smart Shoe Market
10.5.6.2.1 Argentina Smart Shoe Market by Function
10.5.6.2.2 Argentina Smart Shoe Market by Distribution Channel
10.5.6.2.3 Argentina Smart Shoe Market by End-User
10.5.6.3 Rest of South and Central America Smart Shoe Market
10.5.6.3.1 Rest of South and Central America Smart Shoe Market by Function
10.5.6.3.2 Rest of South and Central America Smart Shoe Market by Distribution Channel
10.5.6.3.3 Rest of South and Central America Smart Shoe Market by End-User
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. SMART SHOE MARKET, KEY COMPANY PROFILES
12.1. ADIDAS AG
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. BOLTT
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. DIGITSOLE
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. LI NING (CHINA) SPORTS GOODS CO., LTD.
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. NIKE, 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. PUMA SE
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. SHIFTWEAR™
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. SOLEPOWER
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. UNDER ARMOUR, INC.
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. VIVOBAREFOOT
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
1. Adidas AG
2. Boltt
3. DIGITSOLE
4. Li Ning (China) Sports Goods Co., Ltd.
5. Nike, Inc.
6. PUMA SE
7. ShiftWear™
8. SolePower
9. Under Armour, Inc.
10. Vivobarefoot
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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