Connected Car Devices Market Research Report by Size Share Analysis 2031

Coverage: Connected Car Devices Market covers analysis By Communication Type (Vehicle to Vehicle, Vehicle to Infrastructure, Vehicle to Pedestrian, Others); Product Type (Driver Assistance System, Telematics, Others); Vehicle Type (Passenger Cars, Commercial Vehicles), and Geography (North America, Europe, Asia Pacific, and South and Central America

  • Report Date : Oct 2025
  • Report Code : TIPRE00013119
  • Category : Automotive and Transportation
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The Connected Car Devices Market is expected to register a CAGR of 12.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is categorized by Communication Type (Vehicle to Vehicle, Vehicle to Infrastructure, Vehicle to Pedestrian) and further analyzes the market based on Product Type (Driver Assistance System, Telematics). It also examines the market by Vehicle Type (Passenger Cars, Commercial Vehicles) . A comprehensive breakdown is provided at global, regional, and country levels for each of these key segments.

The report includes market size and forecasts across all segments, presenting values in USD. It also delivers key statistics on the current market status of leading players, along with insights into prevailing market trends and emerging opportunities.

Purpose of the Report

The report Connected Car 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.

Connected Car Devices Market Segmentation

Communication Type

  • Vehicle to Vehicle
  • Vehicle to Infrastructure
  • Vehicle to Pedestrian

Product Type

  • Driver Assistance System
  • Telematics

Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Connected Car Devices Market: Strategic Insights

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Connected Car Devices Market Growth Drivers

  • Revving Up: Connected Car Devices Transforming Driving Experience
  • Smart Tech: Enhancing Safety and Convenience in Connected Cars
  • Future-Ready: How Connected Cars Drive Innovation and Sustainability

Connected Car Devices Market Future Trends

  • Rising demand for smart mobility solutions
  • Increased focus on vehicle safety features
  • Growth in IoT integration for enhanced user experience

Connected Car Devices Market Opportunities

  • Connected Cars: Driving Towards a Seamless Digital Experience
  • Smart Tech Revolutionizes In-Car Connectivity
  • Future Mobility: How Connected Cars Enhance Safety and Convenience

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Connected Car 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 Connected Car 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.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What are the options available for the customization of this report?

Some of the customization options available based on request are 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.

What are the deliverable formats of the connected car devices market report?

The report can be delivered in PDF/PPT format; we can also share the Excel dataset based on the request.

Which are the leading players operating in the connected car devices market?

The leading players operating in the connected car devices market are Continental AG (Germany), Delphi Automotive (UK), Robert Bosch (Germany), Denso Corporation (Japan), and ZF Friedrichshafen AG (Germany).

What are the future trends of the connected car devices market?

There is an increasing trend of electrification, automated driving, and connected vehicles driving the market for connected car devices.

What is the expected CAGR of the connected car devices market?

The global connected car devices market is expected to grow at a CAGR of 12.5% during the forecast period 2023 - 2031.

What are the driving factors impacting the global connected car devices market?

The penetration of high-speed technologies like 4G and LTE is highly significant in connected car devices market growth.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Connected Car Devices Market - By Communication Type
1.3.2Connected Car Devices Market - By Product Type
1.3.3Connected Car Devices Market - By Vehicle Type
1.3.4Connected Car Devices Market - By Region
1.3.4.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.CONNECTED CAR DEVICES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS


5.CONNECTED CAR 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 AND RESTRAINTS

6.CONNECTED CAR DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1.CONNECTED CAR DEVICES - GLOBAL MARKET OVERVIEW
6.2.CONNECTED CAR DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.CONNECTED CAR DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - COMMUNICATION TYPE
7.1.OVERVIEW
7.2.COMMUNICATION TYPE MARKET FORECASTS AND ANALYSIS
7.3.VEHICLE TO VEHICLE
7.3.1.Overview
7.3.2.Vehicle to Vehicle Market Forecast and Analysis
7.4.VEHICLE TO INFRASTRUCTURE
7.4.1.Overview
7.4.2.Vehicle to Infrastructure Market Forecast and Analysis
7.5.VEHICLE TO PEDESTRIAN
7.5.1.Overview
7.5.2.Vehicle to Pedestrian Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.CONNECTED CAR DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
8.1.OVERVIEW
8.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3.DRIVER ASSISTANCE SYSTEM
8.3.1.Overview
8.3.2.Driver Assistance System Market Forecast and Analysis
8.4.TELEMATICS
8.4.1.Overview
8.4.2.Telematics Market Forecast and Analysis
8.5.OTHERS
8.5.1.Overview
8.5.2.Others Market Forecast and Analysis
9.CONNECTED CAR DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
9.1.OVERVIEW
9.2.VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
9.3.PASSENGER CARS
9.3.1.Overview
9.3.2.Passenger Cars Market Forecast and Analysis
9.4.COMMERCIAL VEHICLES
9.4.1.Overview
9.4.2.Commercial Vehicles Market Forecast and Analysis

10.CONNECTED CAR DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Connected Car Devices Market Overview
10.1.2North America Connected Car Devices Market Forecasts and Analysis
10.1.3North America Connected Car Devices Market Forecasts and Analysis - By Communication Type
10.1.4North America Connected Car Devices Market Forecasts and Analysis - By Product Type
10.1.5North America Connected Car Devices Market Forecasts and Analysis - By Vehicle Type
10.1.6North America Connected Car Devices Market Forecasts and Analysis - By Countries
10.1.6.1United States Connected Car Devices Market
10.1.6.1.1United States Connected Car Devices Market by Communication Type
10.1.6.1.2United States Connected Car Devices Market by Product Type
10.1.6.1.3United States Connected Car Devices Market by Vehicle Type
10.1.6.2Canada Connected Car Devices Market
10.1.6.2.1Canada Connected Car Devices Market by Communication Type
10.1.6.2.2Canada Connected Car Devices Market by Product Type
10.1.6.2.3Canada Connected Car Devices Market by Vehicle Type
10.1.6.3Mexico Connected Car Devices Market
10.1.6.3.1Mexico Connected Car Devices Market by Communication Type
10.1.6.3.2Mexico Connected Car Devices Market by Product Type
10.1.6.3.3Mexico Connected Car Devices Market by Vehicle Type
10.2.EUROPE
10.2.1Europe Connected Car Devices Market Overview
10.2.2Europe Connected Car Devices Market Forecasts and Analysis
10.2.3Europe Connected Car Devices Market Forecasts and Analysis - By Communication Type
10.2.4Europe Connected Car Devices Market Forecasts and Analysis - By Product Type
10.2.5Europe Connected Car Devices Market Forecasts and Analysis - By Vehicle Type
10.2.6Europe Connected Car Devices Market Forecasts and Analysis - By Countries
10.2.6.1Germany Connected Car Devices Market
10.2.6.1.1Germany Connected Car Devices Market by Communication Type
10.2.6.1.2Germany Connected Car Devices Market by Product Type
10.2.6.1.3Germany Connected Car Devices Market by Vehicle Type
10.2.6.2France Connected Car Devices Market
10.2.6.2.1France Connected Car Devices Market by Communication Type
10.2.6.2.2France Connected Car Devices Market by Product Type
10.2.6.2.3France Connected Car Devices Market by Vehicle Type
10.2.6.3Italy Connected Car Devices Market
10.2.6.3.1Italy Connected Car Devices Market by Communication Type
10.2.6.3.2Italy Connected Car Devices Market by Product Type
10.2.6.3.3Italy Connected Car Devices Market by Vehicle Type
10.2.6.4United Kingdom Connected Car Devices Market
10.2.6.4.1United Kingdom Connected Car Devices Market by Communication Type
10.2.6.4.2United Kingdom Connected Car Devices Market by Product Type
10.2.6.4.3United Kingdom Connected Car Devices Market by Vehicle Type
10.2.6.5Russia Connected Car Devices Market
10.2.6.5.1Russia Connected Car Devices Market by Communication Type
10.2.6.5.2Russia Connected Car Devices Market by Product Type
10.2.6.5.3Russia Connected Car Devices Market by Vehicle Type
10.2.6.6Rest of Europe Connected Car Devices Market
10.2.6.6.1Rest of Europe Connected Car Devices Market by Communication Type
10.2.6.6.2Rest of Europe Connected Car Devices Market by Product Type
10.2.6.6.3Rest of Europe Connected Car Devices Market by Vehicle Type
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Connected Car Devices Market Overview
10.3.2Asia-Pacific Connected Car Devices Market Forecasts and Analysis
10.3.3Asia-Pacific Connected Car Devices Market Forecasts and Analysis - By Communication Type
10.3.4Asia-Pacific Connected Car Devices Market Forecasts and Analysis - By Product Type
10.3.5Asia-Pacific Connected Car Devices Market Forecasts and Analysis - By Vehicle Type
10.3.6Asia-Pacific Connected Car Devices Market Forecasts and Analysis - By Countries
10.3.6.1Australia Connected Car Devices Market
10.3.6.1.1Australia Connected Car Devices Market by Communication Type
10.3.6.1.2Australia Connected Car Devices Market by Product Type
10.3.6.1.3Australia Connected Car Devices Market by Vehicle Type
10.3.6.2China Connected Car Devices Market
10.3.6.2.1China Connected Car Devices Market by Communication Type
10.3.6.2.2China Connected Car Devices Market by Product Type
10.3.6.2.3China Connected Car Devices Market by Vehicle Type
10.3.6.3India Connected Car Devices Market
10.3.6.3.1India Connected Car Devices Market by Communication Type
10.3.6.3.2India Connected Car Devices Market by Product Type
10.3.6.3.3India Connected Car Devices Market by Vehicle Type
10.3.6.4Japan Connected Car Devices Market
10.3.6.4.1Japan Connected Car Devices Market by Communication Type
10.3.6.4.2Japan Connected Car Devices Market by Product Type
10.3.6.4.3Japan Connected Car Devices Market by Vehicle Type
10.3.6.5South Korea Connected Car Devices Market
10.3.6.5.1South Korea Connected Car Devices Market by Communication Type
10.3.6.5.2South Korea Connected Car Devices Market by Product Type
10.3.6.5.3South Korea Connected Car Devices Market by Vehicle Type
10.3.6.6Rest of Asia-Pacific Connected Car Devices Market
10.3.6.6.1Rest of Asia-Pacific Connected Car Devices Market by Communication Type
10.3.6.6.2Rest of Asia-Pacific Connected Car Devices Market by Product Type
10.3.6.6.3Rest of Asia-Pacific Connected Car Devices Market by Vehicle Type
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Connected Car Devices Market Overview
10.4.2Middle East and Africa Connected Car Devices Market Forecasts and Analysis
10.4.3Middle East and Africa Connected Car Devices Market Forecasts and Analysis - By Communication Type
10.4.4Middle East and Africa Connected Car Devices Market Forecasts and Analysis - By Product Type
10.4.5Middle East and Africa Connected Car Devices Market Forecasts and Analysis - By Vehicle Type
10.4.6Middle East and Africa Connected Car Devices Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Connected Car Devices Market
10.4.6.1.1South Africa Connected Car Devices Market by Communication Type
10.4.6.1.2South Africa Connected Car Devices Market by Product Type
10.4.6.1.3South Africa Connected Car Devices Market by Vehicle Type
10.4.6.2Saudi Arabia Connected Car Devices Market
10.4.6.2.1Saudi Arabia Connected Car Devices Market by Communication Type
10.4.6.2.2Saudi Arabia Connected Car Devices Market by Product Type
10.4.6.2.3Saudi Arabia Connected Car Devices Market by Vehicle Type
10.4.6.3U.A.E Connected Car Devices Market
10.4.6.3.1U.A.E Connected Car Devices Market by Communication Type
10.4.6.3.2U.A.E Connected Car Devices Market by Product Type
10.4.6.3.3U.A.E Connected Car Devices Market by Vehicle Type
10.4.6.4Rest of Middle East and Africa Connected Car Devices Market
10.4.6.4.1Rest of Middle East and Africa Connected Car Devices Market by Communication Type
10.4.6.4.2Rest of Middle East and Africa Connected Car Devices Market by Product Type
10.4.6.4.3Rest of Middle East and Africa Connected Car Devices Market by Vehicle Type
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Connected Car Devices Market Overview
10.5.2South and Central America Connected Car Devices Market Forecasts and Analysis
10.5.3South and Central America Connected Car Devices Market Forecasts and Analysis - By Communication Type
10.5.4South and Central America Connected Car Devices Market Forecasts and Analysis - By Product Type
10.5.5South and Central America Connected Car Devices Market Forecasts and Analysis - By Vehicle Type
10.5.6South and Central America Connected Car Devices Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Connected Car Devices Market
10.5.6.1.1Brazil Connected Car Devices Market by Communication Type
10.5.6.1.2Brazil Connected Car Devices Market by Product Type
10.5.6.1.3Brazil Connected Car Devices Market by Vehicle Type
10.5.6.2Argentina Connected Car Devices Market
10.5.6.2.1Argentina Connected Car Devices Market by Communication Type
10.5.6.2.2Argentina Connected Car Devices Market by Product Type
10.5.6.2.3Argentina Connected Car Devices Market by Vehicle Type
10.5.6.3Rest of South and Central America Connected Car Devices Market
10.5.6.3.1Rest of South and Central America Connected Car Devices Market by Communication Type
10.5.6.3.2Rest of South and Central America Connected Car Devices Market by Product Type
10.5.6.3.3Rest of South and Central America Connected Car Devices Market by Vehicle Type

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.CONNECTED CAR DEVICES MARKET, KEY COMPANY PROFILES
12.1.CONTINENTAL AG
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.DELPHI TECHNOLOGIES
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.DENSO CORPORATION
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.INFINEON TECHNOLOGIES AG
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.MAGNA INTERNATIONAL 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.PANASONIC CORPORATION
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.ROBERT BOSCH GMBH
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.VALEO
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.VISTEON CORPORATION
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.ZF FRIEDRICHSHAFEN AG
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. Continental AG
2. Delphi Technologies
3. Denso Corporation
4. Infineon Technologies AG
5. Magna International Inc.
6. Panasonic Corporation
7. Robert Bosch GmbH
8. Valeo
9. Visteon Corporation
10. ZF Friedrichshafen AG

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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