Wireless LAN Security Market Key Findings by 2031
A WLAN (Wireless Local Area Network) is a communication system that transmit data through air by using infrared or radio frequency technology. Sincae the WLAN signals have no physical boundaries, they are susceptible to leaking confidential data. For these networks, the data transmitted should be secured to prevent malware. Wireless local area network security is designed to prevent unauthorized access to protect networks. To remedy these security issues WLANs are equipped with various encryption, authentication, invisibility and other administrative controlling techniques.
MARKET DYNAMICS
The increase in the usage of cloud-based services by enterprises, high growth in mobile workforce solutions and rising internet based devices are the major factors that drive the global wireless LAN security market. Adoption of BYOD policy among organizations, rising demand for high speed data services, and growing adoption of Internet of Things are further fuelling the market growth.
MARKET SCOPE
The "Global Wireless LAN Security Market Analysis to 2031" is a specialized and in-depth study of the wireless LAN security market with a special focus on the global market trend analysis. The report aims to provide an overview of wireless LAN security market with detailed market segmentation by security type, technology, deployment. The global wireless LAN security market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wireless LAN security market player and offers key trends and opportunities in the wireless LAN security market.
MARKET SEGMENTATION
The global wireless LAN security market is segmented on the basis of security type, technology, deployment. On the basis of security type, market is segmented as WPA/WPA2 (WI-FI Protected Access), WEP (Wired Equivalent Privacy), No-Encryption. On the basis of technology, market is segmented as dedicated security appliances, mobile VPNs, stand-alone WLAN security software, performance monitoring, intrusion detection systems. On the basis of deployment, market is segmented as cloud, on-premise
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 wireless LAN security market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The wireless LAN security 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 wireless LAN security 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 wireless LAN security 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 wireless LAN security market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The wireless LAN security 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 wireless LAN security 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 wireless LAN security market in these regions.
MARKET PLAYERS
The reports cover key developments in the wireless LAN security market 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 wireless LAN security market are anticipated to lucrative growth opportunities in the future with the rising demand for wireless LAN security market. Below mentioned is the list of few companies engaged in the wireless LAN security market.
The report also includes the profiles of key wireless LAN security 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.
- A10 Networks
- Alcatel-Lucent S.A.
- Blue Coat Systems Inc
- Brocade Communications Systems, Inc
- Cisco Systems, Inc
- Dell Inc
- Hewlett Packard Enterprise
- Huawei Technologies Co. Ltd
- Juniper Networks, Inc
- ZTE Corporation
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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Wireless LAN Security Market - By Security Type
1.3.2Wireless LAN Security Market - By Technology
1.3.3Wireless LAN Security Market - By Deployment
1.3.4Wireless LAN Security Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.WIRELESS LAN SECURITY MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.WIRELESS LAN SECURITY 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.WIRELESS LAN SECURITY MARKET - GLOBAL MARKET ANALYSIS
6.1.WIRELESS LAN SECURITY - GLOBAL MARKET OVERVIEW
6.2.WIRELESS LAN SECURITY - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.WIRELESS LAN SECURITY MARKET - REVENUE AND FORECASTS TO 2028 â" SECURITY TYPE
7.1.OVERVIEW
7.2.SECURITY TYPE MARKET FORECASTS AND ANALYSIS
7.3.WPA/WPA2 (WI-FI PROTECTED ACCESS)
7.3.1.Overview
7.3.2.WPA/WPA2 (Wi-Fi Protected Access) Market Forecast and Analysis
7.4.WEP (WIRED EQUIVALENT PRIVACY)
7.4.1.Overview
7.4.2.WEP (Wired Equivalent Privacy) Market Forecast and Analysis
7.5.NO-ENCRYPTION
7.5.1.Overview
7.5.2.no-encryption Market Forecast and Analysis
8.WIRELESS LAN SECURITY MARKET - REVENUE AND FORECASTS TO 2028 â" TECHNOLOGY
8.1.OVERVIEW
8.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3.DEDICATED SECURITY APPLIANCES
8.3.1.Overview
8.3.2.Dedicated Security Appliances Market Forecast and Analysis
8.4.MOBILE VPNS
8.4.1.Overview
8.4.2.Mobile VPNs Market Forecast and Analysis
8.5.STAND-ALONE WLAN SECURITY SOFTWARE
8.5.1.Overview
8.5.2.Stand-Alone WLAN Security Software Market Forecast and Analysis
8.6.PERFORMANCE MONITORING
8.6.1.Overview
8.6.2.Performance Monitoring Market Forecast and Analysis
8.7.INTRUSION DETECTION SYSTEMS
8.7.1.Overview
8.7.2.Intrusion Detection Systems Market Forecast and Analysis
9.WIRELESS LAN SECURITY MARKET - REVENUE AND FORECASTS TO 2028 â" DEPLOYMENT
9.1.OVERVIEW
9.2.DEPLOYMENT MARKET FORECASTS AND ANALYSIS
9.3.CLOUD
9.3.1.Overview
9.3.2.Cloud Market Forecast and Analysis
9.4.ON-PREMISE
9.4.1.Overview
9.4.2.On-Premise Market Forecast and Analysis
10.WIRELESS LAN SECURITY MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Wireless LAN Security Market Overview
10.1.2North America Wireless LAN Security Market Forecasts and Analysis
10.1.3North America Wireless LAN Security Market Forecasts and Analysis - By Security Type
10.1.4North America Wireless LAN Security Market Forecasts and Analysis - By Technology
10.1.5North America Wireless LAN Security Market Forecasts and Analysis - By Deployment
10.1.6North America Wireless LAN Security Market Forecasts and Analysis - By Countries
10.1.6.1United States Wireless LAN Security Market
10.1.6.1.1United States Wireless LAN Security Market by Security Type
10.1.6.1.2United States Wireless LAN Security Market by Technology
10.1.6.1.3United States Wireless LAN Security Market by Deployment
10.1.6.2Canada Wireless LAN Security Market
10.1.6.2.1Canada Wireless LAN Security Market by Security Type
10.1.6.2.2Canada Wireless LAN Security Market by Technology
10.1.6.2.3Canada Wireless LAN Security Market by Deployment
10.1.6.3Mexico Wireless LAN Security Market
10.1.6.3.1Mexico Wireless LAN Security Market by Security Type
10.1.6.3.2Mexico Wireless LAN Security Market by Technology
10.1.6.3.3Mexico Wireless LAN Security Market by Deployment
10.2.EUROPE
10.2.1Europe Wireless LAN Security Market Overview
10.2.2Europe Wireless LAN Security Market Forecasts and Analysis
10.2.3Europe Wireless LAN Security Market Forecasts and Analysis - By Security Type
10.2.4Europe Wireless LAN Security Market Forecasts and Analysis - By Technology
10.2.5Europe Wireless LAN Security Market Forecasts and Analysis - By Deployment
10.2.6Europe Wireless LAN Security Market Forecasts and Analysis - By Countries
10.2.6.1Germany Wireless LAN Security Market
10.2.6.1.1Germany Wireless LAN Security Market by Security Type
10.2.6.1.2Germany Wireless LAN Security Market by Technology
10.2.6.1.3Germany Wireless LAN Security Market by Deployment
10.2.6.2France Wireless LAN Security Market
10.2.6.2.1France Wireless LAN Security Market by Security Type
10.2.6.2.2France Wireless LAN Security Market by Technology
10.2.6.2.3France Wireless LAN Security Market by Deployment
10.2.6.3Italy Wireless LAN Security Market
10.2.6.3.1Italy Wireless LAN Security Market by Security Type
10.2.6.3.2Italy Wireless LAN Security Market by Technology
10.2.6.3.3Italy Wireless LAN Security Market by Deployment
10.2.6.4United Kingdom Wireless LAN Security Market
10.2.6.4.1United Kingdom Wireless LAN Security Market by Security Type
10.2.6.4.2United Kingdom Wireless LAN Security Market by Technology
10.2.6.4.3United Kingdom Wireless LAN Security Market by Deployment
10.2.6.5Russia Wireless LAN Security Market
10.2.6.5.1Russia Wireless LAN Security Market by Security Type
10.2.6.5.2Russia Wireless LAN Security Market by Technology
10.2.6.5.3Russia Wireless LAN Security Market by Deployment
10.2.6.6Rest of Europe Wireless LAN Security Market
10.2.6.6.1Rest of Europe Wireless LAN Security Market by Security Type
10.2.6.6.2Rest of Europe Wireless LAN Security Market by Technology
10.2.6.6.3Rest of Europe Wireless LAN Security Market by Deployment
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Wireless LAN Security Market Overview
10.3.2Asia-Pacific Wireless LAN Security Market Forecasts and Analysis
10.3.3Asia-Pacific Wireless LAN Security Market Forecasts and Analysis - By Security Type
10.3.4Asia-Pacific Wireless LAN Security Market Forecasts and Analysis - By Technology
10.3.5Asia-Pacific Wireless LAN Security Market Forecasts and Analysis - By Deployment
10.3.6Asia-Pacific Wireless LAN Security Market Forecasts and Analysis - By Countries
10.3.6.1Australia Wireless LAN Security Market
10.3.6.1.1Australia Wireless LAN Security Market by Security Type
10.3.6.1.2Australia Wireless LAN Security Market by Technology
10.3.6.1.3Australia Wireless LAN Security Market by Deployment
10.3.6.2China Wireless LAN Security Market
10.3.6.2.1China Wireless LAN Security Market by Security Type
10.3.6.2.2China Wireless LAN Security Market by Technology
10.3.6.2.3China Wireless LAN Security Market by Deployment
10.3.6.3India Wireless LAN Security Market
10.3.6.3.1India Wireless LAN Security Market by Security Type
10.3.6.3.2India Wireless LAN Security Market by Technology
10.3.6.3.3India Wireless LAN Security Market by Deployment
10.3.6.4Japan Wireless LAN Security Market
10.3.6.4.1Japan Wireless LAN Security Market by Security Type
10.3.6.4.2Japan Wireless LAN Security Market by Technology
10.3.6.4.3Japan Wireless LAN Security Market by Deployment
10.3.6.5South Korea Wireless LAN Security Market
10.3.6.5.1South Korea Wireless LAN Security Market by Security Type
10.3.6.5.2South Korea Wireless LAN Security Market by Technology
10.3.6.5.3South Korea Wireless LAN Security Market by Deployment
10.3.6.6Rest of Asia-Pacific Wireless LAN Security Market
10.3.6.6.1Rest of Asia-Pacific Wireless LAN Security Market by Security Type
10.3.6.6.2Rest of Asia-Pacific Wireless LAN Security Market by Technology
10.3.6.6.3Rest of Asia-Pacific Wireless LAN Security Market by Deployment
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Wireless LAN Security Market Overview
10.4.2Middle East and Africa Wireless LAN Security Market Forecasts and Analysis
10.4.3Middle East and Africa Wireless LAN Security Market Forecasts and Analysis - By Security Type
10.4.4Middle East and Africa Wireless LAN Security Market Forecasts and Analysis - By Technology
10.4.5Middle East and Africa Wireless LAN Security Market Forecasts and Analysis - By Deployment
10.4.6Middle East and Africa Wireless LAN Security Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Wireless LAN Security Market
10.4.6.1.1South Africa Wireless LAN Security Market by Security Type
10.4.6.1.2South Africa Wireless LAN Security Market by Technology
10.4.6.1.3South Africa Wireless LAN Security Market by Deployment
10.4.6.2Saudi Arabia Wireless LAN Security Market
10.4.6.2.1Saudi Arabia Wireless LAN Security Market by Security Type
10.4.6.2.2Saudi Arabia Wireless LAN Security Market by Technology
10.4.6.2.3Saudi Arabia Wireless LAN Security Market by Deployment
10.4.6.3U.A.E Wireless LAN Security Market
10.4.6.3.1U.A.E Wireless LAN Security Market by Security Type
10.4.6.3.2U.A.E Wireless LAN Security Market by Technology
10.4.6.3.3U.A.E Wireless LAN Security Market by Deployment
10.4.6.4Rest of Middle East and Africa Wireless LAN Security Market
10.4.6.4.1Rest of Middle East and Africa Wireless LAN Security Market by Security Type
10.4.6.4.2Rest of Middle East and Africa Wireless LAN Security Market by Technology
10.4.6.4.3Rest of Middle East and Africa Wireless LAN Security Market by Deployment
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Wireless LAN Security Market Overview
10.5.2South and Central America Wireless LAN Security Market Forecasts and Analysis
10.5.3South and Central America Wireless LAN Security Market Forecasts and Analysis - By Security Type
10.5.4South and Central America Wireless LAN Security Market Forecasts and Analysis - By Technology
10.5.5South and Central America Wireless LAN Security Market Forecasts and Analysis - By Deployment
10.5.6South and Central America Wireless LAN Security Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Wireless LAN Security Market
10.5.6.1.1Brazil Wireless LAN Security Market by Security Type
10.5.6.1.2Brazil Wireless LAN Security Market by Technology
10.5.6.1.3Brazil Wireless LAN Security Market by Deployment
10.5.6.2Argentina Wireless LAN Security Market
10.5.6.2.1Argentina Wireless LAN Security Market by Security Type
10.5.6.2.2Argentina Wireless LAN Security Market by Technology
10.5.6.2.3Argentina Wireless LAN Security Market by Deployment
10.5.6.3Rest of South and Central America Wireless LAN Security Market
10.5.6.3.1Rest of South and Central America Wireless LAN Security Market by Security Type
10.5.6.3.2Rest of South and Central America Wireless LAN Security Market by Technology
10.5.6.3.3Rest of South and Central America Wireless LAN Security Market by Deployment
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.WIRELESS LAN SECURITY MARKET, KEY COMPANY PROFILES
12.1.A10 NETWORKS
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.ALCATEL-LUCENT S.A.
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.BLUE COAT SYSTEMS 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.BROCADE COMMUNICATIONS SYSTEMS, INC
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.CISCO SYSTEMS, 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.DELL 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.HEWLETT PACKARD ENTERPRISE
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.HUAWEI TECHNOLOGIES CO. LTD
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.JUNIPER NETWORKS, 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.ZTE 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
1. A10 Networks
2. Alcatel-Lucent S.A.
3. Blue Coat Systems Inc
4. Brocade Communications Systems, Inc
5. Cisco Systems, Inc
6. Dell Inc
7. Hewlett Packard Enterprise
8. Huawei Technologies Co. Ltd
9. Juniper Networks, Inc
10. ZTE 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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