The data exfiltration can be designated as a security breach that arises when a company sensitive information is transferred, copied, or retrieved from a computer or server without authorization to a location controlled by a threat actor. These are commonly known as data exportation, data extrusion, or data theft. Data breaches may include financial information, such as bank or credit card details, personal health information, and personally identifiable information, trade secrets of corporations, or intellectual property.
MARKET DYNAMICS
The misuse of internet, online malware, and sophistication levels of data breaches are some of the major factors driving the growth of the data exfiltration market. However, the high cost of the solutions for detecting data theft is the major factor that may restrain the growth of the data exfiltration market. Moreover, increasing technological advancement is anticipated to boost the growth of the data exfiltration market.
MARKET SCOPE
The Global Data Exfiltration Market Analysis to 2031 is a specialized and in-depth study of the data exfiltration market with a special focus on the global market trend analysis. The report aims to provide an overview of data exfiltration market with detailed market segmentation by component, organization size, end users. The global data exfiltration market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data exfiltration market players and offers key trends and opportunities in the data exfiltration market.
MARKET SEGMENTATION
The global data exfiltration market is segmented on the basis of component, organization size, end users. On the basis of component, the market is segmented as solution, services. On the basis of organization size, the market is segmented as small and medium-sized enterprises (SMEs), large enterprises. On the basis of end user, the market is segmented as BFSI, government and defense, retail and ecommerce, IT and telecom, healthcare and life sciences, manufacturing, energy and utilities, others.
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 data exfiltration 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 data exfiltration 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 data exfiltration 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 data exfiltration 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 data exfiltration 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 data exfiltration 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 data exfiltration 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 data exfiltration market in these regions.
MARKET PLAYERS
The reports cover key developments in the data exfiltration 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 way for expansion of business and customer base of market players. The market players from data exfiltration market are anticipated to lucrative growth opportunities in the future with the rising demand for data exfiltration market. Below mentioned is the list of few companies engaged in the data exfiltration market.
The report also includes the profiles of key data exfiltration 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.
- Alert Logic, Inc.
- Barracuda Networks, Inc.
- FireEye, Inc.
- Forcepoint
- iboss
- Juniper Networks, Inc.
- McAfee, LLC
- Sophos Ltd.
- Trend Micro Inc.
- Zscaler, Inc.
The Insight Partner 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
1.3.1Data Exfiltration Market - By Component
1.3.2Data Exfiltration Market - By Organization Size
1.3.3Data Exfiltration Market - By End Users
1.3.4Data Exfiltration Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.DATA EXFILTRATION 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.DATA EXFILTRATION 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.DATA EXFILTRATION MARKET - GLOBAL MARKET ANALYSIS
6.1.DATA EXFILTRATION - GLOBAL MARKET OVERVIEW
6.2.DATA EXFILTRATION - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DATA EXFILTRATION MARKET - REVENUE AND FORECASTS TO 2028 " COMPONENT
7.1.OVERVIEW
7.2.COMPONENT MARKET FORECASTS AND ANALYSIS
7.3.SOLUTION
7.3.1.Overview
7.3.2.Solution Market Forecast and Analysis
7.3.3.User Activity Monitoring Market
7.3.3.1.Overview
7.3.3.2.User Activity Monitoring Market Forecast and Analysis
7.3.4.Antivirus/Anti-malware Market
7.3.4.1.Overview
7.3.4.2.Antivirus/Anti-malware Market Forecast and Analysis
7.3.5.Firewall Market
7.3.5.1.Overview
7.3.5.2.Firewall Market Forecast and Analysis
7.3.6.Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market
7.3.6.1.Overview
7.3.6.2.Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market Forecast and Analysis
7.3.7.Encryption Market
7.3.7.1.Overview
7.3.7.2.Encryption Market Forecast and Analysis
7.3.8.Data Loss Prevention (DLP) Market
7.3.8.1.Overview
7.3.8.2.Data Loss Prevention (DLP) Market Forecast and Analysis
7.3.9.Others Market
7.3.9.1.Overview
7.3.9.2.Others Market Forecast and Analysis
7.4.SERVICES
7.4.1.Overview
7.4.2.Services Market Forecast and Analysis
7.4.3.Professional Services Market
7.4.3.1.Overview
7.4.3.2.Professional Services Market Forecast and Analysis
7.4.4.Managed Services Market
7.4.4.1.Overview
7.4.4.2.Managed Services Market Forecast and Analysis
8.DATA EXFILTRATION MARKET - REVENUE AND FORECASTS TO 2028 " ORGANIZATION SIZE
8.1.OVERVIEW
8.2.ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
8.3.SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
8.3.1.Overview
8.3.2.Small and Medium-sized Enterprises (SMEs) Market Forecast and Analysis
8.4.LARGE ENTERPRISES
8.4.1.Overview
8.4.2.Large Enterprises Market Forecast and Analysis
9.DATA EXFILTRATION MARKET - REVENUE AND FORECASTS TO 2028 " END USERS
9.1.OVERVIEW
9.2.END USERS MARKET FORECASTS AND ANALYSIS
9.3.BFSI
9.3.1.Overview
9.3.2.BFSI Market Forecast and Analysis
9.4.GOVERNMENT AND DEFENSE
9.4.1.Overview
9.4.2.Government and Defense Market Forecast and Analysis
9.5.RETAIL AND ECOMMERCE
9.5.1.Overview
9.5.2.Retail and eCommerce Market Forecast and Analysis
9.6.IT AND TELECOM
9.6.1.Overview
9.6.2.IT and Telecom Market Forecast and Analysis
9.7.HEALTHCARE AND LIFE SCIENCES
9.7.1.Overview
9.7.2.Healthcare and Life Sciences Market Forecast and Analysis
9.8.MANUFACTURING
9.8.1.Overview
9.8.2.Manufacturing Market Forecast and Analysis
9.9.ENERGY AND UTILITIES
9.9.1.Overview
9.9.2.Energy and Utilities Market Forecast and Analysis
9.10.OTHERS
9.10.1.Overview
9.10.2.Others Market Forecast and Analysis
10.DATA EXFILTRATION MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Data Exfiltration Market Overview
10.1.2North America Data Exfiltration Market Forecasts and Analysis
10.1.3North America Data Exfiltration Market Forecasts and Analysis - By Component
10.1.4North America Data Exfiltration Market Forecasts and Analysis - By Organization Size
10.1.5North America Data Exfiltration Market Forecasts and Analysis - By End Users
10.1.6North America Data Exfiltration Market Forecasts and Analysis - By Countries
10.1.6.1United States Data Exfiltration Market
10.1.6.1.1United States Data Exfiltration Market by Component
10.1.6.1.2United States Data Exfiltration Market by Organization Size
10.1.6.1.3United States Data Exfiltration Market by End Users
10.1.6.2Canada Data Exfiltration Market
10.1.6.2.1Canada Data Exfiltration Market by Component
10.1.6.2.2Canada Data Exfiltration Market by Organization Size
10.1.6.2.3Canada Data Exfiltration Market by End Users
10.1.6.3Mexico Data Exfiltration Market
10.1.6.3.1Mexico Data Exfiltration Market by Component
10.1.6.3.2Mexico Data Exfiltration Market by Organization Size
10.1.6.3.3Mexico Data Exfiltration Market by End Users
10.2.EUROPE
10.2.1Europe Data Exfiltration Market Overview
10.2.2Europe Data Exfiltration Market Forecasts and Analysis
10.2.3Europe Data Exfiltration Market Forecasts and Analysis - By Component
10.2.4Europe Data Exfiltration Market Forecasts and Analysis - By Organization Size
10.2.5Europe Data Exfiltration Market Forecasts and Analysis - By End Users
10.2.6Europe Data Exfiltration Market Forecasts and Analysis - By Countries
10.2.6.1Germany Data Exfiltration Market
10.2.6.1.1Germany Data Exfiltration Market by Component
10.2.6.1.2Germany Data Exfiltration Market by Organization Size
10.2.6.1.3Germany Data Exfiltration Market by End Users
10.2.6.2France Data Exfiltration Market
10.2.6.2.1France Data Exfiltration Market by Component
10.2.6.2.2France Data Exfiltration Market by Organization Size
10.2.6.2.3France Data Exfiltration Market by End Users
10.2.6.3Italy Data Exfiltration Market
10.2.6.3.1Italy Data Exfiltration Market by Component
10.2.6.3.2Italy Data Exfiltration Market by Organization Size
10.2.6.3.3Italy Data Exfiltration Market by End Users
10.2.6.4United Kingdom Data Exfiltration Market
10.2.6.4.1United Kingdom Data Exfiltration Market by Component
10.2.6.4.2United Kingdom Data Exfiltration Market by Organization Size
10.2.6.4.3United Kingdom Data Exfiltration Market by End Users
10.2.6.5Russia Data Exfiltration Market
10.2.6.5.1Russia Data Exfiltration Market by Component
10.2.6.5.2Russia Data Exfiltration Market by Organization Size
10.2.6.5.3Russia Data Exfiltration Market by End Users
10.2.6.6Rest of Europe Data Exfiltration Market
10.2.6.6.1Rest of Europe Data Exfiltration Market by Component
10.2.6.6.2Rest of Europe Data Exfiltration Market by Organization Size
10.2.6.6.3Rest of Europe Data Exfiltration Market by End Users
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Data Exfiltration Market Overview
10.3.2Asia-Pacific Data Exfiltration Market Forecasts and Analysis
10.3.3Asia-Pacific Data Exfiltration Market Forecasts and Analysis - By Component
10.3.4Asia-Pacific Data Exfiltration Market Forecasts and Analysis - By Organization Size
10.3.5Asia-Pacific Data Exfiltration Market Forecasts and Analysis - By End Users
10.3.6Asia-Pacific Data Exfiltration Market Forecasts and Analysis - By Countries
10.3.6.1Australia Data Exfiltration Market
10.3.6.1.1Australia Data Exfiltration Market by Component
10.3.6.1.2Australia Data Exfiltration Market by Organization Size
10.3.6.1.3Australia Data Exfiltration Market by End Users
10.3.6.2China Data Exfiltration Market
10.3.6.2.1China Data Exfiltration Market by Component
10.3.6.2.2China Data Exfiltration Market by Organization Size
10.3.6.2.3China Data Exfiltration Market by End Users
10.3.6.3India Data Exfiltration Market
10.3.6.3.1India Data Exfiltration Market by Component
10.3.6.3.2India Data Exfiltration Market by Organization Size
10.3.6.3.3India Data Exfiltration Market by End Users
10.3.6.4Japan Data Exfiltration Market
10.3.6.4.1Japan Data Exfiltration Market by Component
10.3.6.4.2Japan Data Exfiltration Market by Organization Size
10.3.6.4.3Japan Data Exfiltration Market by End Users
10.3.6.5South Korea Data Exfiltration Market
10.3.6.5.1South Korea Data Exfiltration Market by Component
10.3.6.5.2South Korea Data Exfiltration Market by Organization Size
10.3.6.5.3South Korea Data Exfiltration Market by End Users
10.3.6.6Rest of Asia-Pacific Data Exfiltration Market
10.3.6.6.1Rest of Asia-Pacific Data Exfiltration Market by Component
10.3.6.6.2Rest of Asia-Pacific Data Exfiltration Market by Organization Size
10.3.6.6.3Rest of Asia-Pacific Data Exfiltration Market by End Users
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Data Exfiltration Market Overview
10.4.2Middle East and Africa Data Exfiltration Market Forecasts and Analysis
10.4.3Middle East and Africa Data Exfiltration Market Forecasts and Analysis - By Component
10.4.4Middle East and Africa Data Exfiltration Market Forecasts and Analysis - By Organization Size
10.4.5Middle East and Africa Data Exfiltration Market Forecasts and Analysis - By End Users
10.4.6Middle East and Africa Data Exfiltration Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Data Exfiltration Market
10.4.6.1.1South Africa Data Exfiltration Market by Component
10.4.6.1.2South Africa Data Exfiltration Market by Organization Size
10.4.6.1.3South Africa Data Exfiltration Market by End Users
10.4.6.2Saudi Arabia Data Exfiltration Market
10.4.6.2.1Saudi Arabia Data Exfiltration Market by Component
10.4.6.2.2Saudi Arabia Data Exfiltration Market by Organization Size
10.4.6.2.3Saudi Arabia Data Exfiltration Market by End Users
10.4.6.3U.A.E Data Exfiltration Market
10.4.6.3.1U.A.E Data Exfiltration Market by Component
10.4.6.3.2U.A.E Data Exfiltration Market by Organization Size
10.4.6.3.3U.A.E Data Exfiltration Market by End Users
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Data Exfiltration Market Overview
10.5.2South and Central America Data Exfiltration Market Forecasts and Analysis
10.5.3South and Central America Data Exfiltration Market Forecasts and Analysis - By Component
10.5.4South and Central America Data Exfiltration Market Forecasts and Analysis - By Organization Size
10.5.5South and Central America Data Exfiltration Market Forecasts and Analysis - By End Users
10.5.6South and Central America Data Exfiltration Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Data Exfiltration Market
10.5.6.1.1Brazil Data Exfiltration Market by Component
10.5.6.1.2Brazil Data Exfiltration Market by Organization Size
10.5.6.1.3Brazil Data Exfiltration Market by End Users
10.5.6.2Argentina Data Exfiltration Market
10.5.6.2.1Argentina Data Exfiltration Market by Component
10.5.6.2.2Argentina Data Exfiltration Market by Organization Size
10.5.6.2.3Argentina Data Exfiltration Market by End Users
10.5.6.3Rest of South and Central America Data Exfiltration Market
10.5.6.3.1Rest of South and Central America Data Exfiltration Market by Component
10.5.6.3.2Rest of South and Central America Data Exfiltration Market by Organization Size
10.5.6.3.3Rest of South and Central America Data Exfiltration Market by End Users
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.DATA EXFILTRATION MARKET, KEY COMPANY PROFILES
12.1.ALERT LOGIC, 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.BARRACUDA NETWORKS, INC.
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.FIREEYE, 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.FORCEPOINT
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.IBOSS
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.JUNIPER NETWORKS, 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.MCAFEE, LLC
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.SOPHOS 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.TREND MICRO 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.ZSCALER, INC.
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.Alert Logic, Inc.
2.Barracuda Networks, Inc.
3.FireEye, Inc.
4.Forcepoint
5.iboss
6.Juniper Networks, Inc.
7.McAfee, LLC
8.Sophos Ltd.
9.Trend Micro Inc.
10.Zscaler, Inc.
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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