The automated breach and attack simulation solutions are usually delivered as platforms or tools to automate security assessment by creating real-world attack scenarios. This technique exposes loopholes in the existing security infrastructure and facilitates data protection. Increasing use of data quality tools and advancements in technologies is encouraging the demand for automated breach and attack simulation solutions across the globe.
MARKET DYNAMICS
The automated breach and attack simulation market is anticipated to witness a massive growth in the forecast period on account of demand for prioritizing security investments coupled with the increasing need to manage compliances and regulations. Complexities in managing vulnerabilities from different sources is another factor which is expected to propel the market growth. On the other hand, as businesses are growing, manual testing is becoming increasingly complex. This factor is expected to create a lucrative opportunity for the key market players in the forecast period.
MARKET SCOPE
The "Global Automated Breach and Attack Simulation Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of automated breach and attack simulation market with detailed market segmentation by offering, application, end user, and geography. The global automated breach and attack simulation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automated breach and attack simulation market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automated breach and attack simulation market is segmented on the basis of offering, application, and end user. Based on offering, the market is segmented as platform and services. On the basis of the application, the market is segmented as configuration management, patch management, threat intelligence, and others. The market on the basis of the end user is classified as Enterprise & Datacenters and Managed Service Providers.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automated breach and attack simulation market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automated breach and attack simulation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automated breach and attack simulation market from both demand and supply side and further evaluates market dynamics affecting 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 & Central America after evaluating political, economic, social and technological factors affecting the automated breach and attack simulation market in these regions.
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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
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automated breach and attack simulation market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automated breach and attack simulation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automated breach and attack simulation market from both demand and supply side and further evaluates market dynamics affecting 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 & Central America after evaluating political, economic, social and technological factors affecting the automated breach and attack simulation market in these regions.
MARKET PLAYERS
The reports cover key developments in the automated breach and attack simulation 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 the way for the expansion of business and customer base of market players. The market players from automated breach and attack simulation market are anticipated to lucrative growth opportunities in the future with the rising demand for automated breach and attack simulation in the global market. Below mentioned is the list of few companies engaged in the automated breach and attack simulation market.
The report also includes the profiles of key automated breach and attack simulation 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 the last three years, key developments in the past five years.
- AttackIQ, Inc.
- Cymulate Ltd.
- DXC Technology Company
- FireMon, LLC
- Qualys, Inc.
- Rapid7, Inc.
- SafeBreach Inc.
- Skybox Security, Inc.
- Threatcare
- XM Cyber Ltd.
- 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
1.3.1Automated Breach And Attack Simulation Market - By Offering
1.3.2Automated Breach And Attack Simulation Market - By Application
1.3.3Automated Breach And Attack Simulation Market - By End User
1.3.4Automated Breach And Attack Simulation Market - By Region
1.3.4.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.AUTOMATED BREACH AND ATTACK SIMULATION 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.AUTOMATED BREACH AND ATTACK SIMULATION 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.AUTOMATED BREACH AND ATTACK SIMULATION MARKET - GLOBAL MARKET ANALYSIS
6.1.AUTOMATED BREACH AND ATTACK SIMULATION - GLOBAL MARKET OVERVIEW
6.2.AUTOMATED BREACH AND ATTACK SIMULATION - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.AUTOMATED BREACH AND ATTACK SIMULATION MARKET - REVENUE AND FORECASTS TO 2028 - OFFERING
7.1.OVERVIEW
7.2.OFFERING MARKET FORECASTS AND ANALYSIS
7.3.PLATFORM
7.3.1.Overview
7.3.2.Platform Market Forecast and Analysis
7.4.SERVICES
7.4.1.Overview
7.4.2.Services Market Forecast and Analysis
8.AUTOMATED BREACH AND ATTACK SIMULATION MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.CONFIGURATION MANAGEMENT
8.3.1.Overview
8.3.2.Configuration Management Market Forecast and Analysis
8.4.PATCH MANAGEMENT
8.4.1.Overview
8.4.2.Patch Management Market Forecast and Analysis
8.5.THREAT INTELLIGENCE
8.5.1.Overview
8.5.2.Threat Intelligence Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.AUTOMATED BREACH AND ATTACK SIMULATION MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1.OVERVIEW
9.2.END USER MARKET FORECASTS AND ANALYSIS
9.3.ENTERPRISE AND DATACENTERS
9.3.1.Overview
9.3.2.Enterprise and Datacenters Market Forecast and Analysis
9.4.MANAGED SERVICE PROVIDERS
9.4.1.Overview
9.4.2.Managed Service Providers Market Forecast and Analysis
10.AUTOMATED BREACH AND ATTACK SIMULATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Automated Breach And Attack Simulation Market Overview
10.1.2North America Automated Breach And Attack Simulation Market Forecasts and Analysis
10.1.3North America Automated Breach And Attack Simulation Market Forecasts and Analysis - By Offering
10.1.4North America Automated Breach And Attack Simulation Market Forecasts and Analysis - By Application
10.1.5North America Automated Breach And Attack Simulation Market Forecasts and Analysis - By End User
10.1.6North America Automated Breach And Attack Simulation Market Forecasts and Analysis - By Countries
10.1.6.1United States Automated Breach And Attack Simulation Market
10.1.6.1.1United States Automated Breach And Attack Simulation Market by Offering
10.1.6.1.2United States Automated Breach And Attack Simulation Market by Application
10.1.6.1.3United States Automated Breach And Attack Simulation Market by End User
10.1.6.2Canada Automated Breach And Attack Simulation Market
10.1.6.2.1Canada Automated Breach And Attack Simulation Market by Offering
10.1.6.2.2Canada Automated Breach And Attack Simulation Market by Application
10.1.6.2.3Canada Automated Breach And Attack Simulation Market by End User
10.1.6.3Mexico Automated Breach And Attack Simulation Market
10.1.6.3.1Mexico Automated Breach And Attack Simulation Market by Offering
10.1.6.3.2Mexico Automated Breach And Attack Simulation Market by Application
10.1.6.3.3Mexico Automated Breach And Attack Simulation Market by End User
10.2.EUROPE
10.2.1Europe Automated Breach And Attack Simulation Market Overview
10.2.2Europe Automated Breach And Attack Simulation Market Forecasts and Analysis
10.2.3Europe Automated Breach And Attack Simulation Market Forecasts and Analysis - By Offering
10.2.4Europe Automated Breach And Attack Simulation Market Forecasts and Analysis - By Application
10.2.5Europe Automated Breach And Attack Simulation Market Forecasts and Analysis - By End User
10.2.6Europe Automated Breach And Attack Simulation Market Forecasts and Analysis - By Countries
10.2.6.1Germany Automated Breach And Attack Simulation Market
10.2.6.1.1Germany Automated Breach And Attack Simulation Market by Offering
10.2.6.1.2Germany Automated Breach And Attack Simulation Market by Application
10.2.6.1.3Germany Automated Breach And Attack Simulation Market by End User
10.2.6.2France Automated Breach And Attack Simulation Market
10.2.6.2.1France Automated Breach And Attack Simulation Market by Offering
10.2.6.2.2France Automated Breach And Attack Simulation Market by Application
10.2.6.2.3France Automated Breach And Attack Simulation Market by End User
10.2.6.3Italy Automated Breach And Attack Simulation Market
10.2.6.3.1Italy Automated Breach And Attack Simulation Market by Offering
10.2.6.3.2Italy Automated Breach And Attack Simulation Market by Application
10.2.6.3.3Italy Automated Breach And Attack Simulation Market by End User
10.2.6.4United Kingdom Automated Breach And Attack Simulation Market
10.2.6.4.1United Kingdom Automated Breach And Attack Simulation Market by Offering
10.2.6.4.2United Kingdom Automated Breach And Attack Simulation Market by Application
10.2.6.4.3United Kingdom Automated Breach And Attack Simulation Market by End User
10.2.6.5Russia Automated Breach And Attack Simulation Market
10.2.6.5.1Russia Automated Breach And Attack Simulation Market by Offering
10.2.6.5.2Russia Automated Breach And Attack Simulation Market by Application
10.2.6.5.3Russia Automated Breach And Attack Simulation Market by End User
10.2.6.6Rest of Europe Automated Breach And Attack Simulation Market
10.2.6.6.1Rest of Europe Automated Breach And Attack Simulation Market by Offering
10.2.6.6.2Rest of Europe Automated Breach And Attack Simulation Market by Application
10.2.6.6.3Rest of Europe Automated Breach And Attack Simulation Market by End User
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Automated Breach And Attack Simulation Market Overview
10.3.2Asia-Pacific Automated Breach And Attack Simulation Market Forecasts and Analysis
10.3.3Asia-Pacific Automated Breach And Attack Simulation Market Forecasts and Analysis - By Offering
10.3.4Asia-Pacific Automated Breach And Attack Simulation Market Forecasts and Analysis - By Application
10.3.5Asia-Pacific Automated Breach And Attack Simulation Market Forecasts and Analysis - By End User
10.3.6Asia-Pacific Automated Breach And Attack Simulation Market Forecasts and Analysis - By Countries
10.3.6.1Australia Automated Breach And Attack Simulation Market
10.3.6.1.1Australia Automated Breach And Attack Simulation Market by Offering
10.3.6.1.2Australia Automated Breach And Attack Simulation Market by Application
10.3.6.1.3Australia Automated Breach And Attack Simulation Market by End User
10.3.6.2China Automated Breach And Attack Simulation Market
10.3.6.2.1China Automated Breach And Attack Simulation Market by Offering
10.3.6.2.2China Automated Breach And Attack Simulation Market by Application
10.3.6.2.3China Automated Breach And Attack Simulation Market by End User
10.3.6.3India Automated Breach And Attack Simulation Market
10.3.6.3.1India Automated Breach And Attack Simulation Market by Offering
10.3.6.3.2India Automated Breach And Attack Simulation Market by Application
10.3.6.3.3India Automated Breach And Attack Simulation Market by End User
10.3.6.4Japan Automated Breach And Attack Simulation Market
10.3.6.4.1Japan Automated Breach And Attack Simulation Market by Offering
10.3.6.4.2Japan Automated Breach And Attack Simulation Market by Application
10.3.6.4.3Japan Automated Breach And Attack Simulation Market by End User
10.3.6.5South Korea Automated Breach And Attack Simulation Market
10.3.6.5.1South Korea Automated Breach And Attack Simulation Market by Offering
10.3.6.5.2South Korea Automated Breach And Attack Simulation Market by Application
10.3.6.5.3South Korea Automated Breach And Attack Simulation Market by End User
10.3.6.6Rest of Asia-Pacific Automated Breach And Attack Simulation Market
10.3.6.6.1Rest of Asia-Pacific Automated Breach And Attack Simulation Market by Offering
10.3.6.6.2Rest of Asia-Pacific Automated Breach And Attack Simulation Market by Application
10.3.6.6.3Rest of Asia-Pacific Automated Breach And Attack Simulation Market by End User
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Automated Breach And Attack Simulation Market Overview
10.4.2Middle East and Africa Automated Breach And Attack Simulation Market Forecasts and Analysis
10.4.3Middle East and Africa Automated Breach And Attack Simulation Market Forecasts and Analysis - By Offering
10.4.4Middle East and Africa Automated Breach And Attack Simulation Market Forecasts and Analysis - By Application
10.4.5Middle East and Africa Automated Breach And Attack Simulation Market Forecasts and Analysis - By End User
10.4.6Middle East and Africa Automated Breach And Attack Simulation Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Automated Breach And Attack Simulation Market
10.4.6.1.1South Africa Automated Breach And Attack Simulation Market by Offering
10.4.6.1.2South Africa Automated Breach And Attack Simulation Market by Application
10.4.6.1.3South Africa Automated Breach And Attack Simulation Market by End User
10.4.6.2Saudi Arabia Automated Breach And Attack Simulation Market
10.4.6.2.1Saudi Arabia Automated Breach And Attack Simulation Market by Offering
10.4.6.2.2Saudi Arabia Automated Breach And Attack Simulation Market by Application
10.4.6.2.3Saudi Arabia Automated Breach And Attack Simulation Market by End User
10.4.6.3U.A.E Automated Breach And Attack Simulation Market
10.4.6.3.1U.A.E Automated Breach And Attack Simulation Market by Offering
10.4.6.3.2U.A.E Automated Breach And Attack Simulation Market by Application
10.4.6.3.3U.A.E Automated Breach And Attack Simulation Market by End User
10.4.6.4Rest of Middle East and Africa Automated Breach And Attack Simulation Market
10.4.6.4.1Rest of Middle East and Africa Automated Breach And Attack Simulation Market by Offering
10.4.6.4.2Rest of Middle East and Africa Automated Breach And Attack Simulation Market by Application
10.4.6.4.3Rest of Middle East and Africa Automated Breach And Attack Simulation Market by End User
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Automated Breach And Attack Simulation Market Overview
10.5.2South and Central America Automated Breach And Attack Simulation Market Forecasts and Analysis
10.5.3South and Central America Automated Breach And Attack Simulation Market Forecasts and Analysis - By Offering
10.5.4South and Central America Automated Breach And Attack Simulation Market Forecasts and Analysis - By Application
10.5.5South and Central America Automated Breach And Attack Simulation Market Forecasts and Analysis - By End User
10.5.6South and Central America Automated Breach And Attack Simulation Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Automated Breach And Attack Simulation Market
10.5.6.1.1Brazil Automated Breach And Attack Simulation Market by Offering
10.5.6.1.2Brazil Automated Breach And Attack Simulation Market by Application
10.5.6.1.3Brazil Automated Breach And Attack Simulation Market by End User
10.5.6.2Argentina Automated Breach And Attack Simulation Market
10.5.6.2.1Argentina Automated Breach And Attack Simulation Market by Offering
10.5.6.2.2Argentina Automated Breach And Attack Simulation Market by Application
10.5.6.2.3Argentina Automated Breach And Attack Simulation Market by End User
10.5.6.3Rest of South and Central America Automated Breach And Attack Simulation Market
10.5.6.3.1Rest of South and Central America Automated Breach And Attack Simulation Market by Offering
10.5.6.3.2Rest of South and Central America Automated Breach And Attack Simulation Market by Application
10.5.6.3.3Rest of South and Central America Automated Breach And Attack Simulation 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.AUTOMATED BREACH AND ATTACK SIMULATION MARKET, KEY COMPANY PROFILES
12.1.ATTACKIQ, INC.
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.CYMULATE LTD.
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.DXC TECHNOLOGY COMPANY
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.FIREMON, LLC
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.QUALYS, 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.RAPID7, 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.SAFEBREACH 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.SKYBOX SECURITY, INC.
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.THREATCARE
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.XM CYBER LTD.
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. AttackIQ, Inc.2. Cymulate Ltd.3. DXC Technology Company4. FireMon, LLC5. Qualys, Inc.6. Rapid7, Inc.7. SafeBreach Inc.8. Skybox Security, Inc.9. Threatcare10. XM Cyber Ltd.
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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