Video Intercom Devices Market - Size and Forecast [2025-2031]
The Video Intercom Devices Market is expected to register a CAGR of 13.4% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Access Control (Password, Wireless, Proximity Cards); Device Type (Door Entry Systems, Handheld Devices, Others); System (Wired, Wireless); End User (Commercial, Residential, Government, Others); Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South and Central America).
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
The report Video Intercom Devices 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.
Video Intercom Devices Market Segmentation
Access Control- Password
- Wireless
- Proximity Cards
- Door Entry Systems
- Handheld Devices
- Others
- Wired
- Wireless
- Commercial
- Residential
- Government
- Others
Strategic Insights
Video Intercom Devices Market Growth Drivers- Rising Demand for Home Security Solutions: Growing concerns about security and safety are another strong market driver of video intercom devices. To gain better and effective views over their premises, homeowners are investing in highly advanced security systems, such as video intercoms, to improve their posture toward security. These devices allow video feeds in real time and permit communication, so that residents can screen visitors and improve their general security posture.
- Urbanization and Increased Residential Development: This market is witnessing rapid expansion due to the rapid rate of urbanization and growing residential complex. Residential projects across countries have increased manifold, and people are moving to cities for their daily needs, which has given rise to the need for efficient communication and security solutions. Video intercom devices are widely being installed in new buildings with advanced security features for easy convenience of residents.
- Shift Towards Wireless and IP-Based Systems: Among the most visible trends is the adoption of wireless and IP-based video intercom systems. Because these technologies bring more flexibility into the installation and use process, they do not demand extensive wiring, and easily integrate into existing networks, adding convenience to residential or commercial users, who opt for these products in the market.
- Integration with Mobile Apps and Smart Devices: Mobile app integration has become a key trend in the video intercom devices market. Users now expect to control and monitor their intercom systems from their smartphones or tablets, allowing them to interact with visitors remotely, view video feeds, and unlock doors or gates from anywhere in the world. Additionally, many video intercom systems are being integrated with popular smart home devices like Amazon Alexa, Google Assistant, and Apple HomeKit, enabling voice control and enhanced automation. This trend reflects the growing demand for convenience, remote monitoring, and integration of video intercoms within broader smart home ecosystems.
- Growing Commercial Applications: While residential use still represents the biggest market segment, there's a fast-growing potential in the commercial segment for video intercoms. Businesses are installing such systems for greater security and communication at office buildings, retail outlets, and industrial premises. The ability to observe access points and communicate with visitors or staff in real-time provides an added convenience in these applications.
- Integration with Smart Home Technologies: Video intercoms are an excellent opportunity for the growth in the smart home market. With consumers looking more into connection at all levels in their homes, video intercoms could find a major purpose in smart home systems. Some of the key features that can make video intercoms seem more attractive to tech-savvy consumers include remote access, compatibility with security cameras, and connections to voice assistants.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Video Intercom Devices 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 Video Intercom Devices 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
Shift Towards Wireless and IP-Based Systems is anticipated to play a significant role in the global Video Intercom Devices Market in the coming years
Rising Demand for Home Security Solutions and Urbanization and Increased Residential Development are the major factors driving the Video Intercom Devices Market
The Video Intercom Devices Market is estimated to witness a CAGR of 13.4% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Video Intercom Devices Market - By Access Control
1.3.2 Video Intercom Devices Market - By Device Type
1.3.3 Video Intercom Devices Market - By End User
1.3.4 Video Intercom Devices Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. VIDEO INTERCOM DEVICES 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. VIDEO INTERCOM DEVICES 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. VIDEO INTERCOM DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. VIDEO INTERCOM DEVICES - GLOBAL MARKET OVERVIEW
6.2. VIDEO INTERCOM DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VIDEO INTERCOM DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - ACCESS CONTROL
7.1. OVERVIEW
7.2. ACCESS CONTROL MARKET FORECASTS AND ANALYSIS
7.3. PASSWORD
7.3.1. Overview
7.3.2. Password Market Forecast and Analysis
7.4. WIRELESS
7.4.1. Overview
7.4.2. Wireless Market Forecast and Analysis
8. VIDEO INTERCOM DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - DEVICE TYPE
8.1. OVERVIEW
8.2. DEVICE TYPE MARKET FORECASTS AND ANALYSIS
8.3. DOOR ENTRY SYSTEMS
8.3.1. Overview
8.3.2. Door Entry Systems Market Forecast and Analysis
8.4. HANDHELD DEVICES
8.4.1. Overview
8.4.2. Handheld Devices Market Forecast and Analysis
9. VIDEO INTERCOM DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. COMMERCIAL
9.3.1. Overview
9.3.2. Commercial Market Forecast and Analysis
9.4. RESIDENTIAL
9.4.1. Overview
9.4.2. Residential Market Forecast and Analysis
9.5. GOVERNMENT
9.5.1. Overview
9.5.2. Government Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. VIDEO INTERCOM DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Video Intercom Devices Market Overview
10.1.2 North America Video Intercom Devices Market Forecasts and Analysis
10.1.3 North America Video Intercom Devices Market Forecasts and Analysis - By Access Control
10.1.4 North America Video Intercom Devices Market Forecasts and Analysis - By Device Type
10.1.5 North America Video Intercom Devices Market Forecasts and Analysis - By End User
10.1.6 North America Video Intercom Devices Market Forecasts and Analysis - By Countries
10.1.6.1 United States Video Intercom Devices Market
10.1.6.1.1 United States Video Intercom Devices Market by Access Control
10.1.6.1.2 United States Video Intercom Devices Market by Device Type
10.1.6.1.3 United States Video Intercom Devices Market by End User
10.1.6.2 Canada Video Intercom Devices Market
10.1.6.2.1 Canada Video Intercom Devices Market by Access Control
10.1.6.2.2 Canada Video Intercom Devices Market by Device Type
10.1.6.2.3 Canada Video Intercom Devices Market by End User
10.1.6.3 Mexico Video Intercom Devices Market
10.1.6.3.1 Mexico Video Intercom Devices Market by Access Control
10.1.6.3.2 Mexico Video Intercom Devices Market by Device Type
10.1.6.3.3 Mexico Video Intercom Devices Market by End User
10.2. EUROPE
10.2.1 Europe Video Intercom Devices Market Overview
10.2.2 Europe Video Intercom Devices Market Forecasts and Analysis
10.2.3 Europe Video Intercom Devices Market Forecasts and Analysis - By Access Control
10.2.4 Europe Video Intercom Devices Market Forecasts and Analysis - By Device Type
10.2.5 Europe Video Intercom Devices Market Forecasts and Analysis - By End User
10.2.6 Europe Video Intercom Devices Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Video Intercom Devices Market
10.2.6.1.1 Germany Video Intercom Devices Market by Access Control
10.2.6.1.2 Germany Video Intercom Devices Market by Device Type
10.2.6.1.3 Germany Video Intercom Devices Market by End User
10.2.6.2 France Video Intercom Devices Market
10.2.6.2.1 France Video Intercom Devices Market by Access Control
10.2.6.2.2 France Video Intercom Devices Market by Device Type
10.2.6.2.3 France Video Intercom Devices Market by End User
10.2.6.3 Italy Video Intercom Devices Market
10.2.6.3.1 Italy Video Intercom Devices Market by Access Control
10.2.6.3.2 Italy Video Intercom Devices Market by Device Type
10.2.6.3.3 Italy Video Intercom Devices Market by End User
10.2.6.4 United Kingdom Video Intercom Devices Market
10.2.6.4.1 United Kingdom Video Intercom Devices Market by Access Control
10.2.6.4.2 United Kingdom Video Intercom Devices Market by Device Type
10.2.6.4.3 United Kingdom Video Intercom Devices Market by End User
10.2.6.5 Russia Video Intercom Devices Market
10.2.6.5.1 Russia Video Intercom Devices Market by Access Control
10.2.6.5.2 Russia Video Intercom Devices Market by Device Type
10.2.6.5.3 Russia Video Intercom Devices Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Video Intercom Devices Market Overview
10.3.2 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis
10.3.3 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis - By Access Control
10.3.4 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis - By Device Type
10.3.5 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Video Intercom Devices Market
10.3.6.1.1 Australia Video Intercom Devices Market by Access Control
10.3.6.1.2 Australia Video Intercom Devices Market by Device Type
10.3.6.1.3 Australia Video Intercom Devices Market by End User
10.3.6.2 China Video Intercom Devices Market
10.3.6.2.1 China Video Intercom Devices Market by Access Control
10.3.6.2.2 China Video Intercom Devices Market by Device Type
10.3.6.2.3 China Video Intercom Devices Market by End User
10.3.6.3 India Video Intercom Devices Market
10.3.6.3.1 India Video Intercom Devices Market by Access Control
10.3.6.3.2 India Video Intercom Devices Market by Device Type
10.3.6.3.3 India Video Intercom Devices Market by End User
10.3.6.4 Japan Video Intercom Devices Market
10.3.6.4.1 Japan Video Intercom Devices Market by Access Control
10.3.6.4.2 Japan Video Intercom Devices Market by Device Type
10.3.6.4.3 Japan Video Intercom Devices Market by End User
10.3.6.5 South Korea Video Intercom Devices Market
10.3.6.5.1 South Korea Video Intercom Devices Market by Access Control
10.3.6.5.2 South Korea Video Intercom Devices Market by Device Type
10.3.6.5.3 South Korea Video Intercom Devices Market by End User
10.3.6.6 Rest of Asia-Pacific Video Intercom Devices Market
10.3.6.6.1 Rest of Asia-Pacific Video Intercom Devices Market by Access Control
10.3.6.6.2 Rest of Asia-Pacific Video Intercom Devices Market by Device Type
10.3.6.6.3 Rest of Asia-Pacific Video Intercom Devices Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Video Intercom Devices Market Overview
10.4.2 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis
10.4.3 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis - By Access Control
10.4.4 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis - By Device Type
10.4.5 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Video Intercom Devices Market
10.4.6.1.1 South Africa Video Intercom Devices Market by Access Control
10.4.6.1.2 South Africa Video Intercom Devices Market by Device Type
10.4.6.1.3 South Africa Video Intercom Devices Market by End User
10.4.6.2 Saudi Arabia Video Intercom Devices Market
10.4.6.2.1 Saudi Arabia Video Intercom Devices Market by Access Control
10.4.6.2.2 Saudi Arabia Video Intercom Devices Market by Device Type
10.4.6.2.3 Saudi Arabia Video Intercom Devices Market by End User
10.4.6.3 U.A.E Video Intercom Devices Market
10.4.6.3.1 U.A.E Video Intercom Devices Market by Access Control
10.4.6.3.2 U.A.E Video Intercom Devices Market by Device Type
10.4.6.3.3 U.A.E Video Intercom Devices Market by End User
10.4.6.4 Rest of Middle East and Africa Video Intercom Devices Market
10.4.6.4.1 Rest of Middle East and Africa Video Intercom Devices Market by Access Control
10.4.6.4.2 Rest of Middle East and Africa Video Intercom Devices Market by Device Type
10.4.6.4.3 Rest of Middle East and Africa Video Intercom Devices Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Video Intercom Devices Market Overview
10.5.2 South and Central America Video Intercom Devices Market Forecasts and Analysis
10.5.3 South and Central America Video Intercom Devices Market Forecasts and Analysis - By Access Control
10.5.4 South and Central America Video Intercom Devices Market Forecasts and Analysis - By Device Type
10.5.5 South and Central America Video Intercom Devices Market Forecasts and Analysis - By End User
10.5.6 South and Central America Video Intercom Devices Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Video Intercom Devices Market
10.5.6.1.1 Brazil Video Intercom Devices Market by Access Control
10.5.6.1.2 Brazil Video Intercom Devices Market by Device Type
10.5.6.1.3 Brazil Video Intercom Devices Market by End User
10.5.6.2 Argentina Video Intercom Devices Market
10.5.6.2.1 Argentina Video Intercom Devices Market by Access Control
10.5.6.2.2 Argentina Video Intercom Devices Market by Device Type
10.5.6.2.3 Argentina Video Intercom Devices Market by End User
10.5.6.3 Rest of South and Central America Video Intercom Devices Market
10.5.6.3.1 Rest of South and Central America Video Intercom Devices Market by Access Control
10.5.6.3.2 Rest of South and Central America Video Intercom Devices Market by Device Type
10.5.6.3.3 Rest of South and Central America Video Intercom Devices 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. VIDEO INTERCOM DEVICES MARKET, KEY COMPANY PROFILES
12.1. AIPHONE CO., LTD.
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. ALPHA COMMUNICATIONS
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. COMELIT GROUP S.P.A
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. DAHUA TECHNOLOGY 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. GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
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. HONEYWELL INTERNATIONAL INC
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. LEGRAND HOLDING,INC
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. PANASONIC CORPORATION
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. SAMSUNG
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. SIEDLE AND SOHNE OHG
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. Aiphone Co., Ltd.
2. Alpha Communications
3. Comelit Group S.P.A
4. Dahua Technology Co,Ltd
5. Godrej and Boyce Manufacturing Company Limited
6. Honeywell International Inc
7. Legrand Holding,Inc
8. Panasonic Corporation
9. Samsung
10. Siedle and Sohne OHG
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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