The farm video surveillance system solutions are wireless camera systems extensively used to track farming operations, with protecting animals, equipment, and facilities from any harm. There are various types of farms security cameras available for the surveillance of various areas of farming, including a monitor for intruders, protect water supplies, prevent break-ins, deter theft, and others.
MARKET DYNAMICS
The increasing need for safe and secure farming practices while ensuring the protection of belongings, assets, and infrastructure has propelled a global demand for farm video surveillance solutions. Various key players in the market are focusing on launching new products, specifically for farms, are fields. For instance, in April 2021, Axis Communications launched the AXIS Q6215-LE PTZ Network Camera with various features including 1/1.9" progressive scan RGB CMOS image sensor, long-range Optimized IR and IR-LEDs that delivers video quality in low light or complete darkness up to 400 m. The camera has a resolution from 1920 x 1080 to 320 x 180 and provides 60 fps at all resolutions. Thus, these types of cameras are specially designed for farm video surveillance as they provide high resolution and surveillance even in the dark. Thus, the growing demand in poultry sheds for farm video surveillance systems, as end-users need to ensure operational efficiency and biosecurity adherence, the market for farm video surveillance is expected to increase.
MARKET SCOPE
The "Global Farm Video Surveillance System Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the farm video surveillance system market with detailed market segmentation by offering, application, and geography. The global farm video surveillance system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading farm video surveillance system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global farm video surveillance system market is segmented on the basis of offering and application. Based on offering, the farm video surveillance system market is segmented into hardware and professional services. Further, hardware is segmented into cameras and accessories, whereas professional services were sub segmented into support & maintenance services, installation & implementation services, consulting services. On the basis of application, the farm video surveillance system market is segmented into intruder monitoring, livestock and crop monitoring, water supply monitoring, employee monitoring, equipment monitoring, operation monitoring, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global farm video surveillance system 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 farm video surveillance system 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 the farm video surveillance system 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 farm video surveillance system in these regions.
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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 farm video surveillance system 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 farm video surveillance system 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 the farm video surveillance system 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 farm video surveillance system in these regions.
MARKET PLAYERS
The reports cover key developments in the farm video surveillance system 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 the expansion of business and customer base of market players. The market payers from farm video surveillance system market are anticipated to lucrative growth opportunities in the future with the rising demand for farm video surveillance system in the global market. Below mentioned is the list of few companies engaged in the farm video surveillance system market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the farm video surveillance system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Axis Communications
- Basler AG
- Bosch Security Systems
- Dakota Micro, Inc.
- Flir System Inc.
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Luda.Farm AB
- Onsight247.com
- ORLACO (Stoneridge, Inc.)
- Supercircuits, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Farm Video Surveillance System Market - By Offering
1.3.2 Farm Video Surveillance System Market - By Application
1.3.3 Farm Video Surveillance System Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. FARM VIDEO SURVEILLANCE 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. FARM VIDEO SURVEILLANCE 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FARM VIDEO SURVEILLANCE SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. FARM VIDEO SURVEILLANCE SYSTEM - GLOBAL MARKET OVERVIEW
6.2. FARM VIDEO SURVEILLANCE SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FARM VIDEO SURVEILLANCE SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - OFFERING
7.1. OVERVIEW
7.2. OFFERING MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.3.3. Cameras Market
7.3.3.1. Overview
7.3.3.2. Cameras Market Forecast and Analysis
7.3.4. Accessories Market
7.3.4.1. Overview
7.3.4.2. Accessories Market Forecast and Analysis
7.4. PROFESSIONAL SERVICES
7.4.1. Overview
7.4.2. Professional Services Market Forecast and Analysis
7.4.3. Support and Maintenance Services Market
7.4.3.1. Overview
7.4.3.2. Support and Maintenance Services Market Forecast and Analysis
7.4.4. Installation and Implementation Services Market
7.4.4.1. Overview
7.4.4.2. Installation and Implementation Services Market Forecast and Analysis
7.4.5. Consulting Services Market
7.4.5.1. Overview
7.4.5.2. Consulting Services Market Forecast and Analysis
8. FARM VIDEO SURVEILLANCE SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. INTRUDER MONITORING
8.3.1. Overview
8.3.2. Intruder monitoring Market Forecast and Analysis
8.4. LIVESTOCK AND CROP MONITORING
8.4.1. Overview
8.4.2. Livestock and Crop Monitoring Market Forecast and Analysis
8.5. WATER SUPPLY MONITORING
8.5.1. Overview
8.5.2. Water Supply Monitoring Market Forecast and Analysis
8.6. EMPLOYEE MONITORING
8.6.1. Overview
8.6.2. Employee Monitoring Market Forecast and Analysis
8.7. EQUIPMENT MONITORING
8.7.1. Overview
8.7.2. Equipment Monitoring Market Forecast and Analysis
8.8. OPERATION MONITORING
8.8.1. Overview
8.8.2. Operation Monitoring Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. FARM VIDEO SURVEILLANCE SYSTEM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Farm Video Surveillance System Market Overview
9.1.2 North America Farm Video Surveillance System Market Forecasts and Analysis
9.1.3 North America Farm Video Surveillance System Market Forecasts and Analysis - By Offering
9.1.4 North America Farm Video Surveillance System Market Forecasts and Analysis - By Application
9.1.5 North America Farm Video Surveillance System Market Forecasts and Analysis - By Countries
9.1.5.1 United States Farm Video Surveillance System Market
9.1.5.1.1 United States Farm Video Surveillance System Market by Offering
9.1.5.1.2 United States Farm Video Surveillance System Market by Application
9.1.5.2 Canada Farm Video Surveillance System Market
9.1.5.2.1 Canada Farm Video Surveillance System Market by Offering
9.1.5.2.2 Canada Farm Video Surveillance System Market by Application
9.1.5.3 Mexico Farm Video Surveillance System Market
9.1.5.3.1 Mexico Farm Video Surveillance System Market by Offering
9.1.5.3.2 Mexico Farm Video Surveillance System Market by Application
9.2. EUROPE
9.2.1 Europe Farm Video Surveillance System Market Overview
9.2.2 Europe Farm Video Surveillance System Market Forecasts and Analysis
9.2.3 Europe Farm Video Surveillance System Market Forecasts and Analysis - By Offering
9.2.4 Europe Farm Video Surveillance System Market Forecasts and Analysis - By Application
9.2.5 Europe Farm Video Surveillance System Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Farm Video Surveillance System Market
9.2.5.1.1 Germany Farm Video Surveillance System Market by Offering
9.2.5.1.2 Germany Farm Video Surveillance System Market by Application
9.2.5.2 France Farm Video Surveillance System Market
9.2.5.2.1 France Farm Video Surveillance System Market by Offering
9.2.5.2.2 France Farm Video Surveillance System Market by Application
9.2.5.3 Italy Farm Video Surveillance System Market
9.2.5.3.1 Italy Farm Video Surveillance System Market by Offering
9.2.5.3.2 Italy Farm Video Surveillance System Market by Application
9.2.5.4 United Kingdom Farm Video Surveillance System Market
9.2.5.4.1 United Kingdom Farm Video Surveillance System Market by Offering
9.2.5.4.2 United Kingdom Farm Video Surveillance System Market by Application
9.2.5.5 Russia Farm Video Surveillance System Market
9.2.5.5.1 Russia Farm Video Surveillance System Market by Offering
9.2.5.5.2 Russia Farm Video Surveillance System Market by Application
9.2.5.6 Rest of Europe Farm Video Surveillance System Market
9.2.5.6.1 Rest of Europe Farm Video Surveillance System Market by Offering
9.2.5.6.2 Rest of Europe Farm Video Surveillance System Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Farm Video Surveillance System Market Overview
9.3.2 Asia-Pacific Farm Video Surveillance System Market Forecasts and Analysis
9.3.3 Asia-Pacific Farm Video Surveillance System Market Forecasts and Analysis - By Offering
9.3.4 Asia-Pacific Farm Video Surveillance System Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Farm Video Surveillance System Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Farm Video Surveillance System Market
9.3.5.1.1 Australia Farm Video Surveillance System Market by Offering
9.3.5.1.2 Australia Farm Video Surveillance System Market by Application
9.3.5.2 China Farm Video Surveillance System Market
9.3.5.2.1 China Farm Video Surveillance System Market by Offering
9.3.5.2.2 China Farm Video Surveillance System Market by Application
9.3.5.3 India Farm Video Surveillance System Market
9.3.5.3.1 India Farm Video Surveillance System Market by Offering
9.3.5.3.2 India Farm Video Surveillance System Market by Application
9.3.5.4 Japan Farm Video Surveillance System Market
9.3.5.4.1 Japan Farm Video Surveillance System Market by Offering
9.3.5.4.2 Japan Farm Video Surveillance System Market by Application
9.3.5.5 South Korea Farm Video Surveillance System Market
9.3.5.5.1 South Korea Farm Video Surveillance System Market by Offering
9.3.5.5.2 South Korea Farm Video Surveillance System Market by Application
9.3.5.6 Rest of Asia-Pacific Farm Video Surveillance System Market
9.3.5.6.1 Rest of Asia-Pacific Farm Video Surveillance System Market by Offering
9.3.5.6.2 Rest of Asia-Pacific Farm Video Surveillance System Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Farm Video Surveillance System Market Overview
9.4.2 Middle East and Africa Farm Video Surveillance System Market Forecasts and Analysis
9.4.3 Middle East and Africa Farm Video Surveillance System Market Forecasts and Analysis - By Offering
9.4.4 Middle East and Africa Farm Video Surveillance System Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Farm Video Surveillance System Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Farm Video Surveillance System Market
9.4.5.1.1 South Africa Farm Video Surveillance System Market by Offering
9.4.5.1.2 South Africa Farm Video Surveillance System Market by Application
9.4.5.2 Saudi Arabia Farm Video Surveillance System Market
9.4.5.2.1 Saudi Arabia Farm Video Surveillance System Market by Offering
9.4.5.2.2 Saudi Arabia Farm Video Surveillance System Market by Application
9.4.5.3 U.A.E Farm Video Surveillance System Market
9.4.5.3.1 U.A.E Farm Video Surveillance System Market by Offering
9.4.5.3.2 U.A.E Farm Video Surveillance System Market by Application
9.4.5.4 Rest of Middle East and Africa Farm Video Surveillance System Market
9.4.5.4.1 Rest of Middle East and Africa Farm Video Surveillance System Market by Offering
9.4.5.4.2 Rest of Middle East and Africa Farm Video Surveillance System Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Farm Video Surveillance System Market Overview
9.5.2 South and Central America Farm Video Surveillance System Market Forecasts and Analysis
9.5.3 South and Central America Farm Video Surveillance System Market Forecasts and Analysis - By Offering
9.5.4 South and Central America Farm Video Surveillance System Market Forecasts and Analysis - By Application
9.5.5 South and Central America Farm Video Surveillance System Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Farm Video Surveillance System Market
9.5.5.1.1 Brazil Farm Video Surveillance System Market by Offering
9.5.5.1.2 Brazil Farm Video Surveillance System Market by Application
9.5.5.2 Argentina Farm Video Surveillance System Market
9.5.5.2.1 Argentina Farm Video Surveillance System Market by Offering
9.5.5.2.2 Argentina Farm Video Surveillance System Market by Application
9.5.5.3 Rest of South and Central America Farm Video Surveillance System Market
9.5.5.3.1 Rest of South and Central America Farm Video Surveillance System Market by Offering
9.5.5.3.2 Rest of South and Central America Farm Video Surveillance System Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FARM VIDEO SURVEILLANCE SYSTEM MARKET, KEY COMPANY PROFILES
11.1. AXIS COMMUNICATIONS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASLER AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOSCH SECURITY SYSTEMS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DAKOTA MICRO, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FLIR SYSTEM INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LUDA.FARM AB
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ONSIGHT247.COM
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ORLACO (STONERIDGE, INC.)
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SUPERCIRCUITS, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
11.11. TETRACAM INC.
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
11.12. VIDEOSURVEILLANCE.COM LLC
11.12.1. Key Facts
11.12.2. Business Description
11.12.3. Products and Services
11.12.4. Financial Overview
11.12.5. SWOT Analysis
11.12.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Axis Communications
2. Basler AG
3. Bosch Security Systems
4. Dakota Micro, Inc.
5. Flir System Inc.
6. Hangzhou Hikvision Digital Technology Co., Ltd.
7. Luda.Farm AB
8. Onsight247.com
9. ORLACO (Stoneridge, Inc.)
10. Supercircuits, Inc.
11. Tetracam Inc.
12. VideoSurveillance.com LLC
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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