Structured Cabling Market Size and Share: 2031 Key Findings
The Structured Cabling Market is expected to register a CAGR of 10.5% 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 Component (Hardware and Software & Service), Network Type (Local Area Network and Wide Area Network), Cable Type (5E, 6, 6A, and Others), and End Use (Government & Defense, Healthcare, IT & Telecom, Manufacturing, Residential & Commercial Buildings, Transportation, and Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the Report
The report Structured Cabling 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.
Structured Cabling Market Segmentation
Component
- Hardware
- Software & Service
Network Type
- Local Area Network
- Wide Area Network
Cable Type
- 5E
- 6
- 6A
End Use
- Government & Defense
- Healthcare
- IT & Telecom
- Manufacturing
- Residential & Commercial Buildings
- Transportation
End Use
- Government & Defense
- Healthcare
- IT & Telecom
- Manufacturing
- Residential & Commercial Buildings
- Transportation
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Structured Cabling Market: Strategic Insights
| Market Size Value in | US$ 10.93 billion in 2022 |
| Market Size Value by | US$ 19.68 billion by 2030 |
| Growth rate | CAGR of 7.6% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Structured Cabling Market Growth Drivers
- Surge in Data Centers and Network Infrastructure: The growing demand for data centers and expanded network infrastructure is a significant driver for the structured cabling market. As businesses and cloud services providers require high-speed, reliable connectivity, structured cabling solutions offer essential support for efficient data transmission and scalability. This trend is accelerating as more companies invest in enhancing their network infrastructure to meet growing data demands.
- Rise of IoT and Smart Technologies: The proliferation of IoT devices and smart technologies across industries is fueling the need for efficient and reliable cabling systems. Structured cabling provides the backbone for seamless communication between IoT devices, enabling improved data transfer speeds and network management. As IoT adoption continues to grow, the structured cabling market is benefiting from its role in supporting this technology.
Structured Cabling Market Future Trends
- Adoption of Fiber Optic Cabling: A major trend in the structured cabling market is the increasing shift towards fiber optic cabling. Fiber optics offer higher bandwidth, faster data transmission speeds, and better reliability over longer distances compared to traditional copper cabling. As the need for higher data rates grows in sectors like telecommunications, data centers, and enterprise networks, fiber optic solutions are becoming more prevalent.
- Integration of Smart and Flexible Cabling Solutions: The demand for smart and flexible cabling systems is growing, particularly with the rise of smart buildings and automated systems. Structured cabling is evolving to support these smart environments, offering systems that are easier to install, manage, and scale. Flexible, modular cabling solutions that can adapt to changing requirements are becoming a preferred choice for new and retrofitted buildings.
Structured Cabling Market Opportunities
- Expansion of 5G Networks: The rollout of 5G networks presents a significant opportunity for the structured cabling market. As 5G infrastructure requires advanced cabling solutions for improved data speeds and connectivity, structured cabling systems, especially fiber optics, will be essential for supporting the high-speed, low-latency demands of 5G networks. This provides a lucrative growth avenue for manufacturers.
- Growth in Commercial and Residential Smart Buildings: The rise of smart buildings, particularly in commercial and residential sectors, offers an opportunity for structured cabling solutions. As buildings become more connected and automated, there is a greater need for reliable, scalable, and high-performance cabling infrastructure. Structured cabling systems can support the growing connectivity requirements of IoT devices, lighting, HVAC, and security systems.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Structured Cabling 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 Structured Cabling Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Network Type, Cable Type, and End Use
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Structured Cabling Market is estimated to witness a CAGR of 10.5% from 2023 to 2031
The major factors driving the structured cabling market are:
1. High-Speed Internet and High-Demand Data Transmission Growth in the Industry.
2.Expansion of Data Centers and Cloud Computing
Shift towards Fiber Optic Cabling is likely to remain a key trend in the market.
Key players in the structured cabling market include ABB Ltd., Anixter International Inc., Belden Inc., Legrand SA, CommScope Holding Co. Inc., Cisco Systems Inc., Corning Inc., Datwyler Holding Inc., Furukawa Electric Co. Ltd., and Hubnetix Corp.
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
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 Structured Cabling Market - By Product Type
1.3.2 Structured Cabling Market - By Application
1.3.3 Structured Cabling Market - By Vertical
1.3.4 Structured Cabling Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. STRUCTURED CABLING 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. STRUCTURED CABLING 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. STRUCTURED CABLING MARKET - GLOBAL MARKET ANALYSIS
6.1. STRUCTURED CABLING - GLOBAL MARKET OVERVIEW
6.2. STRUCTURED CABLING - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. STRUCTURED CABLING MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. COPPER CABLES
7.3.1. Overview
7.3.2. Copper Cables Market Forecast and Analysis
7.4. FIBER OPTIC CABLES
7.4.1. Overview
7.4.2. Fiber Optic Cables Market Forecast and Analysis
8. STRUCTURED CABLING MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. LAN
8.3.1. Overview
8.3.2. LAN Market Forecast and Analysis
8.4. DATA CENTER
8.4.1. Overview
8.4.2. Data Center Market Forecast and Analysis
9. STRUCTURED CABLING MARKET - REVENUE AND FORECASTS TO 2027 - VERTICAL
9.1. OVERVIEW
9.2. VERTICAL MARKET FORECASTS AND ANALYSIS
9.3. IT AND TELECOMMUNICATION
9.3.1. Overview
9.3.2. IT and Telecommunication Market Forecast and Analysis
9.4. RESIDENTIAL AND COMMERCIAL
9.4.1. Overview
9.4.2. Residential and Commercial Market Forecast and Analysis
9.5. GOVERNMENT AND EDUCATION
9.5.1. Overview
9.5.2. Government and Education Market Forecast and Analysis
9.6. TRANSPORTATION
9.6.1. Overview
9.6.2. Transportation Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. STRUCTURED CABLING MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Structured Cabling Market Overview
10.1.2 North America Structured Cabling Market Forecasts and Analysis
10.1.3 North America Structured Cabling Market Forecasts and Analysis - By Product Type
10.1.4 North America Structured Cabling Market Forecasts and Analysis - By Application
10.1.5 North America Structured Cabling Market Forecasts and Analysis - By Vertical
10.1.6 North America Structured Cabling Market Forecasts and Analysis - By Countries
10.1.6.1 United States Structured Cabling Market
10.1.6.1.1 United States Structured Cabling Market by Product Type
10.1.6.1.2 United States Structured Cabling Market by Application
10.1.6.1.3 United States Structured Cabling Market by Vertical
10.1.6.2 Canada Structured Cabling Market
10.1.6.2.1 Canada Structured Cabling Market by Product Type
10.1.6.2.2 Canada Structured Cabling Market by Application
10.1.6.2.3 Canada Structured Cabling Market by Vertical
10.1.6.3 Mexico Structured Cabling Market
10.1.6.3.1 Mexico Structured Cabling Market by Product Type
10.1.6.3.2 Mexico Structured Cabling Market by Application
10.1.6.3.3 Mexico Structured Cabling Market by Vertical
10.2. EUROPE
10.2.1 Europe Structured Cabling Market Overview
10.2.2 Europe Structured Cabling Market Forecasts and Analysis
10.2.3 Europe Structured Cabling Market Forecasts and Analysis - By Product Type
10.2.4 Europe Structured Cabling Market Forecasts and Analysis - By Application
10.2.5 Europe Structured Cabling Market Forecasts and Analysis - By Vertical
10.2.6 Europe Structured Cabling Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Structured Cabling Market
10.2.6.1.1 Germany Structured Cabling Market by Product Type
10.2.6.1.2 Germany Structured Cabling Market by Application
10.2.6.1.3 Germany Structured Cabling Market by Vertical
10.2.6.2 France Structured Cabling Market
10.2.6.2.1 France Structured Cabling Market by Product Type
10.2.6.2.2 France Structured Cabling Market by Application
10.2.6.2.3 France Structured Cabling Market by Vertical
10.2.6.3 Italy Structured Cabling Market
10.2.6.3.1 Italy Structured Cabling Market by Product Type
10.2.6.3.2 Italy Structured Cabling Market by Application
10.2.6.3.3 Italy Structured Cabling Market by Vertical
10.2.6.4 United Kingdom Structured Cabling Market
10.2.6.4.1 United Kingdom Structured Cabling Market by Product Type
10.2.6.4.2 United Kingdom Structured Cabling Market by Application
10.2.6.4.3 United Kingdom Structured Cabling Market by Vertical
10.2.6.5 Russia Structured Cabling Market
10.2.6.5.1 Russia Structured Cabling Market by Product Type
10.2.6.5.2 Russia Structured Cabling Market by Application
10.2.6.5.3 Russia Structured Cabling Market by Vertical
10.2.6.6 Rest of Europe Structured Cabling Market
10.2.6.6.1 Rest of Europe Structured Cabling Market by Product Type
10.2.6.6.2 Rest of Europe Structured Cabling Market by Application
10.2.6.6.3 Rest of Europe Structured Cabling Market by Vertical
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Structured Cabling Market Overview
10.3.2 Asia-Pacific Structured Cabling Market Forecasts and Analysis
10.3.3 Asia-Pacific Structured Cabling Market Forecasts and Analysis - By Product Type
10.3.4 Asia-Pacific Structured Cabling Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Structured Cabling Market Forecasts and Analysis - By Vertical
10.3.6 Asia-Pacific Structured Cabling Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Structured Cabling Market
10.3.6.1.1 Australia Structured Cabling Market by Product Type
10.3.6.1.2 Australia Structured Cabling Market by Application
10.3.6.1.3 Australia Structured Cabling Market by Vertical
10.3.6.2 China Structured Cabling Market
10.3.6.2.1 China Structured Cabling Market by Product Type
10.3.6.2.2 China Structured Cabling Market by Application
10.3.6.2.3 China Structured Cabling Market by Vertical
10.3.6.3 India Structured Cabling Market
10.3.6.3.1 India Structured Cabling Market by Product Type
10.3.6.3.2 India Structured Cabling Market by Application
10.3.6.3.3 India Structured Cabling Market by Vertical
10.3.6.4 Japan Structured Cabling Market
10.3.6.4.1 Japan Structured Cabling Market by Product Type
10.3.6.4.2 Japan Structured Cabling Market by Application
10.3.6.4.3 Japan Structured Cabling Market by Vertical
10.3.6.5 South Korea Structured Cabling Market
10.3.6.5.1 South Korea Structured Cabling Market by Product Type
10.3.6.5.2 South Korea Structured Cabling Market by Application
10.3.6.5.3 South Korea Structured Cabling Market by Vertical
10.3.6.6 Rest of Asia-Pacific Structured Cabling Market
10.3.6.6.1 Rest of Asia-Pacific Structured Cabling Market by Product Type
10.3.6.6.2 Rest of Asia-Pacific Structured Cabling Market by Application
10.3.6.6.3 Rest of Asia-Pacific Structured Cabling Market by Vertical
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Structured Cabling Market Overview
10.4.2 Middle East and Africa Structured Cabling Market Forecasts and Analysis
10.4.3 Middle East and Africa Structured Cabling Market Forecasts and Analysis - By Product Type
10.4.4 Middle East and Africa Structured Cabling Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Structured Cabling Market Forecasts and Analysis - By Vertical
10.4.6 Middle East and Africa Structured Cabling Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Structured Cabling Market
10.4.6.1.1 South Africa Structured Cabling Market by Product Type
10.4.6.1.2 South Africa Structured Cabling Market by Application
10.4.6.1.3 South Africa Structured Cabling Market by Vertical
10.4.6.2 Saudi Arabia Structured Cabling Market
10.4.6.2.1 Saudi Arabia Structured Cabling Market by Product Type
10.4.6.2.2 Saudi Arabia Structured Cabling Market by Application
10.4.6.2.3 Saudi Arabia Structured Cabling Market by Vertical
10.4.6.3 U.A.E Structured Cabling Market
10.4.6.3.1 U.A.E Structured Cabling Market by Product Type
10.4.6.3.2 U.A.E Structured Cabling Market by Application
10.4.6.3.3 U.A.E Structured Cabling Market by Vertical
10.4.6.4 Rest of Middle East and Africa Structured Cabling Market
10.4.6.4.1 Rest of Middle East and Africa Structured Cabling Market by Product Type
10.4.6.4.2 Rest of Middle East and Africa Structured Cabling Market by Application
10.4.6.4.3 Rest of Middle East and Africa Structured Cabling Market by Vertical
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Structured Cabling Market Overview
10.5.2 South and Central America Structured Cabling Market Forecasts and Analysis
10.5.3 South and Central America Structured Cabling Market Forecasts and Analysis - By Product Type
10.5.4 South and Central America Structured Cabling Market Forecasts and Analysis - By Application
10.5.5 South and Central America Structured Cabling Market Forecasts and Analysis - By Vertical
10.5.6 South and Central America Structured Cabling Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Structured Cabling Market
10.5.6.1.1 Brazil Structured Cabling Market by Product Type
10.5.6.1.2 Brazil Structured Cabling Market by Application
10.5.6.1.3 Brazil Structured Cabling Market by Vertical
10.5.6.2 Argentina Structured Cabling Market
10.5.6.2.1 Argentina Structured Cabling Market by Product Type
10.5.6.2.2 Argentina Structured Cabling Market by Application
10.5.6.2.3 Argentina Structured Cabling Market by Vertical
10.5.6.3 Rest of South and Central America Structured Cabling Market
10.5.6.3.1 Rest of South and Central America Structured Cabling Market by Product Type
10.5.6.3.2 Rest of South and Central America Structured Cabling Market by Application
10.5.6.3.3 Rest of South and Central America Structured Cabling Market by Vertical
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. STRUCTURED CABLING MARKET, KEY COMPANY PROFILES
12.1. ABB
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. BELDEN INC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. COMMSCOPE HOLDING COMPANY, INC
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. CORNING INCORPORATED
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. FURUKAWA ELECTRIC CO., LTD
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. LEGRAND SA
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. NEXANS
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. SCHNEIDER ELECTRIC
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. SIEMON
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. PANDUIT CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. ABB
2. Belden Inc
3. CommScope Holding Company, Inc
4. Corning Incorporated
5. Furukawa Electric Co., Ltd
6. Legrand SA
7. Nexans
8. Schneider Electric
9. Siemon
10. Panduit Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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