Software quality assurance Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Software quality assurance includes methods of monitoring software engineering approaches and processes to ensure quality. Software quality assurance comprises the entire software development process, counting definition, software design, source code control, coding, code reviews, software configuration management, testing, release management, and product integration. Furthermore, software quality assurance allows the end-use industries to offer better service to the customers and rationalize various workflows. Additionally, companies are offering software quality assurance and quality control services to the customers in order to implement software quality assurance and software testing strategies to improve the overall software development process, along with amplified customer satisfaction. Some of these software quality assurance strategies include performance testing, risk-based testing, installation and configuration, and software security testing.
MARKET DYNAMICS
Improving the quality of the software, eliminating errors, and improving the process of creating software are some of the significant factors driving the growth of the software quality assurance market. However, lack of expertise in designing the program is the major factor hindering the growth of the software quality assurance market. An increase in micro and small enterprises across the world is anticipated to create lucrative opportunities in the software quality assurance market.
MARKET SCOPE
The "Global Software Quality Assurance Market Analysis to 2028" is a specialized and in-depth study of the software quality assurance market with a special focus on the global market trend analysis. The report aims to provide an overview of software quality assurance market with detailed market segmentation by deployment, size, solution, end user. The global software quality assurance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading software quality assurance market players and offers key trends and opportunities in the software quality assurance market.
MARKET SEGMENTATION
The global software quality assurance market is segmented on the basis of deployment, size, solution, end user. On the basis of deployment, the market is segmented as cloud, on premise. On the basis of size, the market is segmented as small and medium enterprise (SME), large enterprise. On the basis of solution, the market is segmented as document control, non-conformances/corrective and preventative, complaint handling, employee training, audit management, supplier quality management, calibration management, change management, others. On the basis of end user, the market is segmented as IT and telecom, transportation and logistics, consumer goods and retail, defense and aerospace, manufacturing, healthcare, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global software quality assurance market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The software quality assurance 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 software quality assurance 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 Software quality assurance 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 software quality assurance market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The software quality assurance 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 software quality assurance 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 Software quality assurance market in these regions.
MARKET PLAYERS
The reports cover key developments in the software quality assurance 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 players from software quality assurance market are anticipated to lucrative growth opportunities in the future with the rising demand for software quality assurance market. Below mentioned is the list of few companies engaged in the software quality assurance market.
The report also includes the profiles of key software quality assurance market 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.
- ETQ, LLC
- IQMS
- MetricStream Inc.
- Microsoft
- Oracle
- Pilgrim Quality Solutions
- QT9 Software
- SAP
- Sparta Systems, Inc.
- uniPoint Software Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
This text is related
to segments covered.
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
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 Software Quality Assurance Market - By Deployment
1.3.2 Software Quality Assurance Market - By Size
1.3.3 Software Quality Assurance Market - By Solution
1.3.4 Software Quality Assurance Market - By End User
1.3.5 Software Quality Assurance Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SOFTWARE QUALITY ASSURANCE 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. SOFTWARE QUALITY ASSURANCE 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. SOFTWARE QUALITY ASSURANCE MARKET - GLOBAL MARKET ANALYSIS
6.1. SOFTWARE QUALITY ASSURANCE - GLOBAL MARKET OVERVIEW
6.2. SOFTWARE QUALITY ASSURANCE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SOFTWARE QUALITY ASSURANCE MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
7.1. OVERVIEW
7.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
7.3. CLOUD
7.3.1. Overview
7.3.2. Cloud Market Forecast and Analysis
7.4. ON-PREMISE
7.4.1. Overview
7.4.2. On-premise Market Forecast and Analysis
8. SOFTWARE QUALITY ASSURANCE MARKET - REVENUE AND FORECASTS TO 2028 - SIZE
8.1. OVERVIEW
8.2. SIZE MARKET FORECASTS AND ANALYSIS
8.3. SMALL AND MEDIUM ENTERPRISE (SME)
8.3.1. Overview
8.3.2. Small and Medium Enterprise (SME) Market Forecast and Analysis
8.4. LARGE ENTERPRISE
8.4.1. Overview
8.4.2. Large Enterprise Market Forecast and Analysis
9. SOFTWARE QUALITY ASSURANCE MARKET - REVENUE AND FORECASTS TO 2028 - SOLUTION
9.1. OVERVIEW
9.2. SOLUTION MARKET FORECASTS AND ANALYSIS
9.3. DOCUMENT CONTROL
9.3.1. Overview
9.3.2. Document Control Market Forecast and Analysis
9.4. NON-CONFORMANCES/CORRECTIVE AND PREVENTATIVE
9.4.1. Overview
9.4.2. Non-Conformances/Corrective and Preventative Market Forecast and Analysis
9.5. COMPLAINT HANDLING
9.5.1. Overview
9.5.2. Complaint Handling Market Forecast and Analysis
9.6. EMPLOYEE TRAINING
9.6.1. Overview
9.6.2. Employee Training Market Forecast and Analysis
9.7. AUDIT MANAGEMENT
9.7.1. Overview
9.7.2. Audit Management Market Forecast and Analysis
9.8. SUPPLIER QUALITY MANAGEMENT
9.8.1. Overview
9.8.2. Supplier Quality Management Market Forecast and Analysis
9.9. CALIBRATION MANAGEMENT
9.9.1. Overview
9.9.2. Calibration Management Market Forecast and Analysis
9.10. CHANGE MANAGEMENT
9.10.1. Overview
9.10.2. Change Management Market Forecast and Analysis
9.11. OTHERS
9.11.1. Overview
9.11.2. Others Market Forecast and Analysis
10. SOFTWARE QUALITY ASSURANCE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. IT AND TELECOM
10.3.1. Overview
10.3.2. IT and Telecom Market Forecast and Analysis
10.4. TRANSPORTATION AND LOGISTICS
10.4.1. Overview
10.4.2. Transportation and Logistics Market Forecast and Analysis
10.5. CONSUMER GOODS AND RETAIL
10.5.1. Overview
10.5.2. Consumer Goods and Retail Market Forecast and Analysis
10.6. DEFENSE AND AEROSPACE
10.6.1. Overview
10.6.2. Defense and Aerospace Market Forecast and Analysis
10.7. MANUFACTURING
10.7.1. Overview
10.7.2. Manufacturing Market Forecast and Analysis
10.8. HEALTHCARE
10.8.1. Overview
10.8.2. Healthcare Market Forecast and Analysis
10.9. OTHERS
10.9.1. Overview
10.9.2. Others Market Forecast and Analysis
11. SOFTWARE QUALITY ASSURANCE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Software Quality Assurance Market Overview
11.1.2 North America Software Quality Assurance Market Forecasts and Analysis
11.1.3 North America Software Quality Assurance Market Forecasts and Analysis - By Deployment
11.1.4 North America Software Quality Assurance Market Forecasts and Analysis - By Size
11.1.5 North America Software Quality Assurance Market Forecasts and Analysis - By Solution
11.1.6 North America Software Quality Assurance Market Forecasts and Analysis - By End User
11.1.7 North America Software Quality Assurance Market Forecasts and Analysis - By Countries
11.1.7.1 United States Software Quality Assurance Market
11.1.7.1.1 United States Software Quality Assurance Market by Deployment
11.1.7.1.2 United States Software Quality Assurance Market by Size
11.1.7.1.3 United States Software Quality Assurance Market by Solution
11.1.7.1.4 United States Software Quality Assurance Market by End User
11.1.7.2 Canada Software Quality Assurance Market
11.1.7.2.1 Canada Software Quality Assurance Market by Deployment
11.1.7.2.2 Canada Software Quality Assurance Market by Size
11.1.7.2.3 Canada Software Quality Assurance Market by Solution
11.1.7.2.4 Canada Software Quality Assurance Market by End User
11.1.7.3 Mexico Software Quality Assurance Market
11.1.7.3.1 Mexico Software Quality Assurance Market by Deployment
11.1.7.3.2 Mexico Software Quality Assurance Market by Size
11.1.7.3.3 Mexico Software Quality Assurance Market by Solution
11.1.7.3.4 Mexico Software Quality Assurance Market by End User
11.2. EUROPE
11.2.1 Europe Software Quality Assurance Market Overview
11.2.2 Europe Software Quality Assurance Market Forecasts and Analysis
11.2.3 Europe Software Quality Assurance Market Forecasts and Analysis - By Deployment
11.2.4 Europe Software Quality Assurance Market Forecasts and Analysis - By Size
11.2.5 Europe Software Quality Assurance Market Forecasts and Analysis - By Solution
11.2.6 Europe Software Quality Assurance Market Forecasts and Analysis - By End User
11.2.7 Europe Software Quality Assurance Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Software Quality Assurance Market
11.2.7.1.1 Germany Software Quality Assurance Market by Deployment
11.2.7.1.2 Germany Software Quality Assurance Market by Size
11.2.7.1.3 Germany Software Quality Assurance Market by Solution
11.2.7.1.4 Germany Software Quality Assurance Market by End User
11.2.7.2 France Software Quality Assurance Market
11.2.7.2.1 France Software Quality Assurance Market by Deployment
11.2.7.2.2 France Software Quality Assurance Market by Size
11.2.7.2.3 France Software Quality Assurance Market by Solution
11.2.7.2.4 France Software Quality Assurance Market by End User
11.2.7.3 Italy Software Quality Assurance Market
11.2.7.3.1 Italy Software Quality Assurance Market by Deployment
11.2.7.3.2 Italy Software Quality Assurance Market by Size
11.2.7.3.3 Italy Software Quality Assurance Market by Solution
11.2.7.3.4 Italy Software Quality Assurance Market by End User
11.2.7.4 United Kingdom Software Quality Assurance Market
11.2.7.4.1 United Kingdom Software Quality Assurance Market by Deployment
11.2.7.4.2 United Kingdom Software Quality Assurance Market by Size
11.2.7.4.3 United Kingdom Software Quality Assurance Market by Solution
11.2.7.4.4 United Kingdom Software Quality Assurance Market by End User
11.2.7.5 Russia Software Quality Assurance Market
11.2.7.5.1 Russia Software Quality Assurance Market by Deployment
11.2.7.5.2 Russia Software Quality Assurance Market by Size
11.2.7.5.3 Russia Software Quality Assurance Market by Solution
11.2.7.5.4 Russia Software Quality Assurance Market by End User
11.2.7.6 Rest of Europe Software Quality Assurance Market
11.2.7.6.1 Rest of Europe Software Quality Assurance Market by Deployment
11.2.7.6.2 Rest of Europe Software Quality Assurance Market by Size
11.2.7.6.3 Rest of Europe Software Quality Assurance Market by Solution
11.2.7.6.4 Rest of Europe Software Quality Assurance Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Software Quality Assurance Market Overview
11.3.2 Asia-Pacific Software Quality Assurance Market Forecasts and Analysis
11.3.3 Asia-Pacific Software Quality Assurance Market Forecasts and Analysis - By Deployment
11.3.4 Asia-Pacific Software Quality Assurance Market Forecasts and Analysis - By Size
11.3.5 Asia-Pacific Software Quality Assurance Market Forecasts and Analysis - By Solution
11.3.6 Asia-Pacific Software Quality Assurance Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific Software Quality Assurance Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Software Quality Assurance Market
11.3.7.1.1 Australia Software Quality Assurance Market by Deployment
11.3.7.1.2 Australia Software Quality Assurance Market by Size
11.3.7.1.3 Australia Software Quality Assurance Market by Solution
11.3.7.1.4 Australia Software Quality Assurance Market by End User
11.3.7.2 China Software Quality Assurance Market
11.3.7.2.1 China Software Quality Assurance Market by Deployment
11.3.7.2.2 China Software Quality Assurance Market by Size
11.3.7.2.3 China Software Quality Assurance Market by Solution
11.3.7.2.4 China Software Quality Assurance Market by End User
11.3.7.3 India Software Quality Assurance Market
11.3.7.3.1 India Software Quality Assurance Market by Deployment
11.3.7.3.2 India Software Quality Assurance Market by Size
11.3.7.3.3 India Software Quality Assurance Market by Solution
11.3.7.3.4 India Software Quality Assurance Market by End User
11.3.7.4 Japan Software Quality Assurance Market
11.3.7.4.1 Japan Software Quality Assurance Market by Deployment
11.3.7.4.2 Japan Software Quality Assurance Market by Size
11.3.7.4.3 Japan Software Quality Assurance Market by Solution
11.3.7.4.4 Japan Software Quality Assurance Market by End User
11.3.7.5 South Korea Software Quality Assurance Market
11.3.7.5.1 South Korea Software Quality Assurance Market by Deployment
11.3.7.5.2 South Korea Software Quality Assurance Market by Size
11.3.7.5.3 South Korea Software Quality Assurance Market by Solution
11.3.7.5.4 South Korea Software Quality Assurance Market by End User
11.3.7.6 Rest of Asia-Pacific Software Quality Assurance Market
11.3.7.6.1 Rest of Asia-Pacific Software Quality Assurance Market by Deployment
11.3.7.6.2 Rest of Asia-Pacific Software Quality Assurance Market by Size
11.3.7.6.3 Rest of Asia-Pacific Software Quality Assurance Market by Solution
11.3.7.6.4 Rest of Asia-Pacific Software Quality Assurance Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Software Quality Assurance Market Overview
11.4.2 Middle East and Africa Software Quality Assurance Market Forecasts and Analysis
11.4.3 Middle East and Africa Software Quality Assurance Market Forecasts and Analysis - By Deployment
11.4.4 Middle East and Africa Software Quality Assurance Market Forecasts and Analysis - By Size
11.4.5 Middle East and Africa Software Quality Assurance Market Forecasts and Analysis - By Solution
11.4.6 Middle East and Africa Software Quality Assurance Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa Software Quality Assurance Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Software Quality Assurance Market
11.4.7.1.1 South Africa Software Quality Assurance Market by Deployment
11.4.7.1.2 South Africa Software Quality Assurance Market by Size
11.4.7.1.3 South Africa Software Quality Assurance Market by Solution
11.4.7.1.4 South Africa Software Quality Assurance Market by End User
11.4.7.2 Saudi Arabia Software Quality Assurance Market
11.4.7.2.1 Saudi Arabia Software Quality Assurance Market by Deployment
11.4.7.2.2 Saudi Arabia Software Quality Assurance Market by Size
11.4.7.2.3 Saudi Arabia Software Quality Assurance Market by Solution
11.4.7.2.4 Saudi Arabia Software Quality Assurance Market by End User
11.4.7.3 U.A.E Software Quality Assurance Market
11.4.7.3.1 U.A.E Software Quality Assurance Market by Deployment
11.4.7.3.2 U.A.E Software Quality Assurance Market by Size
11.4.7.3.3 U.A.E Software Quality Assurance Market by Solution
11.4.7.3.4 U.A.E Software Quality Assurance Market by End User
11.4.7.4 Rest of Middle East and Africa Software Quality Assurance Market
11.4.7.4.1 Rest of Middle East and Africa Software Quality Assurance Market by Deployment
11.4.7.4.2 Rest of Middle East and Africa Software Quality Assurance Market by Size
11.4.7.4.3 Rest of Middle East and Africa Software Quality Assurance Market by Solution
11.4.7.4.4 Rest of Middle East and Africa Software Quality Assurance Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Software Quality Assurance Market Overview
11.5.2 South and Central America Software Quality Assurance Market Forecasts and Analysis
11.5.3 South and Central America Software Quality Assurance Market Forecasts and Analysis - By Deployment
11.5.4 South and Central America Software Quality Assurance Market Forecasts and Analysis - By Size
11.5.5 South and Central America Software Quality Assurance Market Forecasts and Analysis - By Solution
11.5.6 South and Central America Software Quality Assurance Market Forecasts and Analysis - By End User
11.5.7 South and Central America Software Quality Assurance Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Software Quality Assurance Market
11.5.7.1.1 Brazil Software Quality Assurance Market by Deployment
11.5.7.1.2 Brazil Software Quality Assurance Market by Size
11.5.7.1.3 Brazil Software Quality Assurance Market by Solution
11.5.7.1.4 Brazil Software Quality Assurance Market by End User
11.5.7.2 Argentina Software Quality Assurance Market
11.5.7.2.1 Argentina Software Quality Assurance Market by Deployment
11.5.7.2.2 Argentina Software Quality Assurance Market by Size
11.5.7.2.3 Argentina Software Quality Assurance Market by Solution
11.5.7.2.4 Argentina Software Quality Assurance Market by End User
11.5.7.3 Rest of South and Central America Software Quality Assurance Market
11.5.7.3.1 Rest of South and Central America Software Quality Assurance Market by Deployment
11.5.7.3.2 Rest of South and Central America Software Quality Assurance Market by Size
11.5.7.3.3 Rest of South and Central America Software Quality Assurance Market by Solution
11.5.7.3.4 Rest of South and Central America Software Quality Assurance Market by End User
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. SOFTWARE QUALITY ASSURANCE MARKET, KEY COMPANY PROFILES
13.1. ETQ, LLC
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. IQMS
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. METRICSTREAM INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. MICROSOFT
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. ORACLE
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. PILGRIM QUALITY SOLUTIONS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. QT9 SOFTWARE
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. SAP
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SPARTA SYSTEMS, INC.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. UNIPOINT SOFTWARE INC.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. ETQ, LLC
2. IQMS
3. MetricStream Inc.
4. Microsoft
5. Oracle
6. Pilgrim Quality Solutions
7. QT9 Software
8. SAP
9. Sparta Systems, Inc.
10. uniPoint Software Inc.
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.