The Database Management System Market is expected to register a CAGR of 12.8% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Software (Database Application Builder, Database Encryption, Backup and Recovery, Others); Deployment Model (Cloud Based, On-Premises); Enterprise Size (Small and Medium Enterprises, Large Enterprises); Industry (BFSI, Healthcare, Hospitality, Media and Entertainment, IT and Telecom, Retail, Others); Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South and Central America).
The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the Report
The report Database Management System 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.
Database Management System Market Segmentation
Software
- Database Application Builder
- Database Encryption
- Backup and Recovery
- Others
Deployment Model
- Cloud Based
- On-Premises
Enterprise Size
- Small and Medium Enterprises
- Large Enterprises
Industry
- BFSI
- Healthcare
- Hospitality
- Media and Entertainment
- IT and Telecom
- Retail
- Others
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Database Management System Market: Strategic Insights
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Database Management System Market Growth Drivers
- Rapid Growth of Data Generation: The explosion of data generated by organizations due to digital transformation, IoT devices, social media, and other sources is a significant driver for the Database Management System (DBMS) market. As businesses accumulate vast amounts of structured and unstructured data, the need for robust DBMS solutions that can efficiently store, manage, and retrieve data becomes critical. Organizations require DBMS to handle complex queries, support data analysis, and ensure data integrity, driving demand for these systems.
- Rising Adoption of Cloud-Based Solutions: The increasing shift towards cloud computing is reshaping the DBMS market. Organizations are moving away from traditional on-premises database solutions and adopting cloud-based DBMS for their scalability, flexibility, and cost-effectiveness. Cloud DBMS solutions enable businesses to scale their database resources easily, reduce infrastructure costs, and access data from anywhere. This transition to cloud-based systems is a key driver for the growth of the DBMS market, as organizations look for modern solutions that align with their cloud strategies.
Database Management System Market Future Trends
- Shift Towards NoSQL and NewSQL Databases: The traditional relational database model is evolving, with a growing trend towards NoSQL and NewSQL databases. NoSQL databases offer flexibility and scalability for handling unstructured data, making them suitable for modern applications such as big data analytics and real-time web applications. NewSQL databases, on the other hand, combine the scalability of NoSQL with the ACID compliance of traditional relational databases. This shift reflects organizations' need for diverse data management solutions that can handle various data types and workloads.
- Increased Focus on Security and Compliance: With growing concerns about data breaches and privacy regulations like GDPR and CCPA, there is an increased emphasis on database security within DBMS offerings. Features such as end-to-end encryption, data masking, and advanced authentication mechanisms are becoming standard. Compliance tools are also being integrated to ensure that databases meet regulatory standards, giving organizations confidence that their data is protected against threats and that they are aligned with industry requirements.
Database Management System Market Opportunities
- Integration with Advanced Technologies: The integration of DBMS with advanced technologies such as artificial intelligence (AI), machine learning (ML), and big data analytics presents significant opportunities for market growth. These technologies can enhance database performance, automate routine tasks, and provide predictive insights. DBMS vendors that incorporate AI and ML capabilities into their solutions can help organizations optimize their data management processes and gain deeper insights, making their offerings more attractive in a competitive market.
- Focus on Data Security and Compliance: As data breaches and privacy concerns continue to rise, organizations are increasingly prioritizing data security and compliance. There is an opportunity for DBMS vendors to develop solutions that incorporate advanced security features, such as encryption, access controls, and auditing capabilities. By offering robust security measures that help organizations meet regulatory requirements, DBMS providers can differentiate themselves and capture a larger share of the market focused on secure data management.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Database Management System 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 Database Management System 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
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.
Frequently Asked Questions
The Database Management System Market is estimated to witness a CAGR of 12.8% from 2023 to 2031
Rapid Growth of Data Generation and Rising Adoption of Cloud-Based Solutions are the major factors driving the Database Management System Market
Shift Towards NoSQL and NewSQL Databases is anticipated to play a significant role in the global Database Management System Market in the coming years
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Database Management System Market - By Deployment
1.3.2 Database Management System Market - By Type
1.3.3 Database Management System Market - By End-Use Industry
1.3.4 Database Management System Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DATABASE MANAGEMENT SYSTEM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. DATABASE MANAGEMENT SYSTEM 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. DATABASE MANAGEMENT SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. DATABASE MANAGEMENT SYSTEM - GLOBAL MARKET OVERVIEW
6.2. DATABASE MANAGEMENT SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DATABASE MANAGEMENT SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
7.1. OVERVIEW
7.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
7.3. ON-PREMISE
7.3.1. Overview
7.3.2. On-premise Market Forecast and Analysis
7.4. CLOUD
7.4.1. Overview
7.4.2. Cloud Market Forecast and Analysis
8. DATABASE MANAGEMENT SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. RELATIONAL
8.3.1. Overview
8.3.2. Relational Market Forecast and Analysis
8.4. NON-RETIONAL
8.4.1. Overview
8.4.2. Non-Retional Market Forecast and Analysis
9. DATABASE MANAGEMENT SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
9.1. OVERVIEW
9.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. BSFI
9.3.1. Overview
9.3.2. BSFI Market Forecast and Analysis
9.4. IT AND TELECOMMUNICATION
9.4.1. Overview
9.4.2. IT and Telecommunication Market Forecast and Analysis
9.5. AEROSPACE AND DEFENSE
9.5.1. Overview
9.5.2. Aerospace and Defense Market Forecast and Analysis
9.6. HEALTHCARE
9.6.1. Overview
9.6.2. Healthcare Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. DATABASE MANAGEMENT SYSTEM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Database Management System Market Overview
10.1.2 North America Database Management System Market Forecasts and Analysis
10.1.3 North America Database Management System Market Forecasts and Analysis - By Deployment
10.1.4 North America Database Management System Market Forecasts and Analysis - By Type
10.1.5 North America Database Management System Market Forecasts and Analysis - By End-Use Industry
10.1.6 North America Database Management System Market Forecasts and Analysis - By Countries
10.1.6.1 United States Database Management System Market
10.1.6.1.1 United States Database Management System Market by Deployment
10.1.6.1.2 United States Database Management System Market by Type
10.1.6.1.3 United States Database Management System Market by End-Use Industry
10.1.6.2 Canada Database Management System Market
10.1.6.2.1 Canada Database Management System Market by Deployment
10.1.6.2.2 Canada Database Management System Market by Type
10.1.6.2.3 Canada Database Management System Market by End-Use Industry
10.1.6.3 Mexico Database Management System Market
10.1.6.3.1 Mexico Database Management System Market by Deployment
10.1.6.3.2 Mexico Database Management System Market by Type
10.1.6.3.3 Mexico Database Management System Market by End-Use Industry
10.2. EUROPE
10.2.1 Europe Database Management System Market Overview
10.2.2 Europe Database Management System Market Forecasts and Analysis
10.2.3 Europe Database Management System Market Forecasts and Analysis - By Deployment
10.2.4 Europe Database Management System Market Forecasts and Analysis - By Type
10.2.5 Europe Database Management System Market Forecasts and Analysis - By End-Use Industry
10.2.6 Europe Database Management System Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Database Management System Market
10.2.6.1.1 Germany Database Management System Market by Deployment
10.2.6.1.2 Germany Database Management System Market by Type
10.2.6.1.3 Germany Database Management System Market by End-Use Industry
10.2.6.2 France Database Management System Market
10.2.6.2.1 France Database Management System Market by Deployment
10.2.6.2.2 France Database Management System Market by Type
10.2.6.2.3 France Database Management System Market by End-Use Industry
10.2.6.3 Italy Database Management System Market
10.2.6.3.1 Italy Database Management System Market by Deployment
10.2.6.3.2 Italy Database Management System Market by Type
10.2.6.3.3 Italy Database Management System Market by End-Use Industry
10.2.6.4 United Kingdom Database Management System Market
10.2.6.4.1 United Kingdom Database Management System Market by Deployment
10.2.6.4.2 United Kingdom Database Management System Market by Type
10.2.6.4.3 United Kingdom Database Management System Market by End-Use Industry
10.2.6.5 Russia Database Management System Market
10.2.6.5.1 Russia Database Management System Market by Deployment
10.2.6.5.2 Russia Database Management System Market by Type
10.2.6.5.3 Russia Database Management System Market by End-Use Industry
10.2.6.6 Rest of Europe Database Management System Market
10.2.6.6.1 Rest of Europe Database Management System Market by Deployment
10.2.6.6.2 Rest of Europe Database Management System Market by Type
10.2.6.6.3 Rest of Europe Database Management System Market by End-Use Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Database Management System Market Overview
10.3.2 Asia-Pacific Database Management System Market Forecasts and Analysis
10.3.3 Asia-Pacific Database Management System Market Forecasts and Analysis - By Deployment
10.3.4 Asia-Pacific Database Management System Market Forecasts and Analysis - By Type
10.3.5 Asia-Pacific Database Management System Market Forecasts and Analysis - By End-Use Industry
10.3.6 Asia-Pacific Database Management System Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Database Management System Market
10.3.6.1.1 Australia Database Management System Market by Deployment
10.3.6.1.2 Australia Database Management System Market by Type
10.3.6.1.3 Australia Database Management System Market by End-Use Industry
10.3.6.2 China Database Management System Market
10.3.6.2.1 China Database Management System Market by Deployment
10.3.6.2.2 China Database Management System Market by Type
10.3.6.2.3 China Database Management System Market by End-Use Industry
10.3.6.3 India Database Management System Market
10.3.6.3.1 India Database Management System Market by Deployment
10.3.6.3.2 India Database Management System Market by Type
10.3.6.3.3 India Database Management System Market by End-Use Industry
10.3.6.4 Japan Database Management System Market
10.3.6.4.1 Japan Database Management System Market by Deployment
10.3.6.4.2 Japan Database Management System Market by Type
10.3.6.4.3 Japan Database Management System Market by End-Use Industry
10.3.6.5 South Korea Database Management System Market
10.3.6.5.1 South Korea Database Management System Market by Deployment
10.3.6.5.2 South Korea Database Management System Market by Type
10.3.6.5.3 South Korea Database Management System Market by End-Use Industry
10.3.6.6 Rest of Asia-Pacific Database Management System Market
10.3.6.6.1 Rest of Asia-Pacific Database Management System Market by Deployment
10.3.6.6.2 Rest of Asia-Pacific Database Management System Market by Type
10.3.6.6.3 Rest of Asia-Pacific Database Management System Market by End-Use Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Database Management System Market Overview
10.4.2 Middle East and Africa Database Management System Market Forecasts and Analysis
10.4.3 Middle East and Africa Database Management System Market Forecasts and Analysis - By Deployment
10.4.4 Middle East and Africa Database Management System Market Forecasts and Analysis - By Type
10.4.5 Middle East and Africa Database Management System Market Forecasts and Analysis - By End-Use Industry
10.4.6 Middle East and Africa Database Management System Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Database Management System Market
10.4.6.1.1 South Africa Database Management System Market by Deployment
10.4.6.1.2 South Africa Database Management System Market by Type
10.4.6.1.3 South Africa Database Management System Market by End-Use Industry
10.4.6.2 Saudi Arabia Database Management System Market
10.4.6.2.1 Saudi Arabia Database Management System Market by Deployment
10.4.6.2.2 Saudi Arabia Database Management System Market by Type
10.4.6.2.3 Saudi Arabia Database Management System Market by End-Use Industry
10.4.6.3 U.A.E Database Management System Market
10.4.6.3.1 U.A.E Database Management System Market by Deployment
10.4.6.3.2 U.A.E Database Management System Market by Type
10.4.6.3.3 U.A.E Database Management System Market by End-Use Industry
10.4.6.4 Rest of Middle East and Africa Database Management System Market
10.4.6.4.1 Rest of Middle East and Africa Database Management System Market by Deployment
10.4.6.4.2 Rest of Middle East and Africa Database Management System Market by Type
10.4.6.4.3 Rest of Middle East and Africa Database Management System Market by End-Use Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Database Management System Market Overview
10.5.2 South and Central America Database Management System Market Forecasts and Analysis
10.5.3 South and Central America Database Management System Market Forecasts and Analysis - By Deployment
10.5.4 South and Central America Database Management System Market Forecasts and Analysis - By Type
10.5.5 South and Central America Database Management System Market Forecasts and Analysis - By End-Use Industry
10.5.6 South and Central America Database Management System Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Database Management System Market
10.5.6.1.1 Brazil Database Management System Market by Deployment
10.5.6.1.2 Brazil Database Management System Market by Type
10.5.6.1.3 Brazil Database Management System Market by End-Use Industry
10.5.6.2 Argentina Database Management System Market
10.5.6.2.1 Argentina Database Management System Market by Deployment
10.5.6.2.2 Argentina Database Management System Market by Type
10.5.6.2.3 Argentina Database Management System Market by End-Use Industry
10.5.6.3 Rest of South and Central America Database Management System Market
10.5.6.3.1 Rest of South and Central America Database Management System Market by Deployment
10.5.6.3.2 Rest of South and Central America Database Management System Market by Type
10.5.6.3.3 Rest of South and Central America Database Management System Market by End-Use Industry
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. DATABASE MANAGEMENT SYSTEM MARKET, KEY COMPANY PROFILES
12.1. AMAZON WEB SERVICES, 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. MARKLOGIC CORPORATION.
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. MICROSOFT 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. MONGODB, 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. NEO4J, 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. OBJECTIVITY 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. ORACLE CORPORATION
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. PITNEY BOWES 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. SOLARWINDS LLC
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. ZOHO 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
The List of Companies
1. Amazon Web Services, Inc.
2. MarkLogic Corporation.
3. Microsoft Corporation
4. MongoDB, Inc.
5. Neo4j, Inc.
6. Objectivity Inc.
7. Oracle Corporation
8. Pitney Bowes Inc.
9. SolarWinds LLC
10. Zoho 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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