The intelligent assistant embedded consumer devices are integrated with artificial intelligence technology, which act as voice-based assistant device. This device performs tasks or services based on verbal commands. Artificial intelligence and the Internet of Things has been serving as the backbone for the intelligent assistant embedded consumer devices market and expected to continue doing so in the near future..
MARKET DYNAMICS
The intelligent assistant embedded consumer devices market is anticipated to witness decent growth in the forecast period on account of the growing segment of mobile device users, coupled with increasing consumer demand for voice-based assistants. Technological developments in the field of smart electronics is further expected to fuel the growth of the intelligent assistant embedded consumer devices market during forecast period. The constant focus of major market players to improve consumer experience and penetration of the products in developing countries is likely to offer substantial growth opportunities for the intelligent assistant embedded consumer devices market in the coming years.
MARKET SCOPE
The "Global Intelligent Assistant Embedded Consumer Devices 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 intelligent assistant embedded consumer devices market with detailed market segmentation by device type, technology, and geography. The global intelligent assistant embedded consumer devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading intelligent assistant embedded consumer devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global intelligent assistant embedded consumer devices market is segmented on the basis of device type and technology. Based on device type, the market is segmented as mobile devices, personal computers, household devices, and home video entertainment devices. On the basis of the technology, the market is segmented as text-to-speech, speech recognition, and natural language processing (NLP).
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global intelligent assistant embedded consumer devices 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 intelligent assistant embedded consumer devices 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 intelligent assistant embedded consumer devices 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 intelligent assistant embedded consumer devices market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global intelligent assistant embedded consumer devices 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 intelligent assistant embedded consumer devices 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 intelligent assistant embedded consumer devices 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 intelligent assistant embedded consumer devices market in these regions.
MARKET PLAYERS
The reports cover key developments in the intelligent assistant embedded consumer devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from intelligent assistant embedded consumer devices market are anticipated to lucrative growth opportunities in the future with the rising demand for intelligent assistant embedded consumer devices in the global market. Below mentioned is the list of few companies engaged in the intelligent assistant embedded consumer devices market.
The report also includes the profiles of key intelligent assistant embedded consumer devices companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Amazon.com, Inc.
- Apple Inc.
- Arm Limited
- Google LLC
- HP Development Company, L.P.
- Intel Corporation
- Lenovo Group Limited
- LG Electronics
- Microsoft Corporation
- Samsung
- 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 Intelligent Assistant Embedded Consumer Devices Market - By Device Type
1.3.2 Intelligent Assistant Embedded Consumer Devices Market - By Technology
1.3.3 Intelligent Assistant Embedded Consumer Devices Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTELLIGENT ASSISTANT EMBEDDED CONSUMER DEVICES 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. INTELLIGENT ASSISTANT EMBEDDED CONSUMER 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. INTELLIGENT ASSISTANT EMBEDDED CONSUMER DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. INTELLIGENT ASSISTANT EMBEDDED CONSUMER DEVICES - GLOBAL MARKET OVERVIEW
6.2. INTELLIGENT ASSISTANT EMBEDDED CONSUMER DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INTELLIGENT ASSISTANT EMBEDDED CONSUMER DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - DEVICE TYPE
7.1. OVERVIEW
7.2. DEVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3. MOBILE DEVICES
7.3.1. Overview
7.3.2. Mobile Devices Market Forecast and Analysis
7.4. PERSONAL COMPUTERS
7.4.1. Overview
7.4.2. Personal Computers Market Forecast and Analysis
7.5. HOUSEHOLD DEVICES
7.5.1. Overview
7.5.2. Household Devices Market Forecast and Analysis
7.6. HOME VIDEO ENTERTAINMENT DEVICES
7.6.1. Overview
7.6.2. Home Video Entertainment Devices Market Forecast and Analysis
8. INTELLIGENT ASSISTANT EMBEDDED CONSUMER DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. TEXT-TO-SPEECH
8.3.1. Overview
8.3.2. Text-to-Speech Market Forecast and Analysis
8.4. SPEECH RECOGNITION
8.4.1. Overview
8.4.2. Speech Recognition Market Forecast and Analysis
8.5. NATURAL LANGUAGE PROCESSING (NLP)
8.5.1. Overview
8.5.2. Natural Language Processing (NLP) Market Forecast and Analysis
9. INTELLIGENT ASSISTANT EMBEDDED CONSUMER DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Intelligent Assistant Embedded Consumer Devices Market Overview
9.1.2 North America Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis
9.1.3 North America Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Device Type
9.1.4 North America Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Technology
9.1.5 North America Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Countries
9.1.5.1 United States Intelligent Assistant Embedded Consumer Devices Market
9.1.5.1.1 United States Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.1.5.1.2 United States Intelligent Assistant Embedded Consumer Devices Market by Technology
9.1.5.2 Canada Intelligent Assistant Embedded Consumer Devices Market
9.1.5.2.1 Canada Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.1.5.2.2 Canada Intelligent Assistant Embedded Consumer Devices Market by Technology
9.1.5.3 Mexico Intelligent Assistant Embedded Consumer Devices Market
9.1.5.3.1 Mexico Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.1.5.3.2 Mexico Intelligent Assistant Embedded Consumer Devices Market by Technology
9.2. EUROPE
9.2.1 Europe Intelligent Assistant Embedded Consumer Devices Market Overview
9.2.2 Europe Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis
9.2.3 Europe Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Device Type
9.2.4 Europe Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Technology
9.2.5 Europe Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Intelligent Assistant Embedded Consumer Devices Market
9.2.5.1.1 Germany Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.2.5.1.2 Germany Intelligent Assistant Embedded Consumer Devices Market by Technology
9.2.5.2 France Intelligent Assistant Embedded Consumer Devices Market
9.2.5.2.1 France Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.2.5.2.2 France Intelligent Assistant Embedded Consumer Devices Market by Technology
9.2.5.3 Italy Intelligent Assistant Embedded Consumer Devices Market
9.2.5.3.1 Italy Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.2.5.3.2 Italy Intelligent Assistant Embedded Consumer Devices Market by Technology
9.2.5.4 United Kingdom Intelligent Assistant Embedded Consumer Devices Market
9.2.5.4.1 United Kingdom Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.2.5.4.2 United Kingdom Intelligent Assistant Embedded Consumer Devices Market by Technology
9.2.5.5 Russia Intelligent Assistant Embedded Consumer Devices Market
9.2.5.5.1 Russia Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.2.5.5.2 Russia Intelligent Assistant Embedded Consumer Devices Market by Technology
9.2.5.6 Rest of Europe Intelligent Assistant Embedded Consumer Devices Market
9.2.5.6.1 Rest of Europe Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.2.5.6.2 Rest of Europe Intelligent Assistant Embedded Consumer Devices Market by Technology
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Intelligent Assistant Embedded Consumer Devices Market Overview
9.3.2 Asia-Pacific Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis
9.3.3 Asia-Pacific Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Device Type
9.3.4 Asia-Pacific Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Technology
9.3.5 Asia-Pacific Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Intelligent Assistant Embedded Consumer Devices Market
9.3.5.1.1 Australia Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.3.5.1.2 Australia Intelligent Assistant Embedded Consumer Devices Market by Technology
9.3.5.2 China Intelligent Assistant Embedded Consumer Devices Market
9.3.5.2.1 China Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.3.5.2.2 China Intelligent Assistant Embedded Consumer Devices Market by Technology
9.3.5.3 India Intelligent Assistant Embedded Consumer Devices Market
9.3.5.3.1 India Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.3.5.3.2 India Intelligent Assistant Embedded Consumer Devices Market by Technology
9.3.5.4 Japan Intelligent Assistant Embedded Consumer Devices Market
9.3.5.4.1 Japan Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.3.5.4.2 Japan Intelligent Assistant Embedded Consumer Devices Market by Technology
9.3.5.5 South Korea Intelligent Assistant Embedded Consumer Devices Market
9.3.5.5.1 South Korea Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.3.5.5.2 South Korea Intelligent Assistant Embedded Consumer Devices Market by Technology
9.3.5.6 Rest of Asia-Pacific Intelligent Assistant Embedded Consumer Devices Market
9.3.5.6.1 Rest of Asia-Pacific Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.3.5.6.2 Rest of Asia-Pacific Intelligent Assistant Embedded Consumer Devices Market by Technology
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Intelligent Assistant Embedded Consumer Devices Market Overview
9.4.2 Middle East and Africa Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis
9.4.3 Middle East and Africa Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Device Type
9.4.4 Middle East and Africa Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Technology
9.4.5 Middle East and Africa Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Intelligent Assistant Embedded Consumer Devices Market
9.4.5.1.1 South Africa Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.4.5.1.2 South Africa Intelligent Assistant Embedded Consumer Devices Market by Technology
9.4.5.2 Saudi Arabia Intelligent Assistant Embedded Consumer Devices Market
9.4.5.2.1 Saudi Arabia Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.4.5.2.2 Saudi Arabia Intelligent Assistant Embedded Consumer Devices Market by Technology
9.4.5.3 U.A.E Intelligent Assistant Embedded Consumer Devices Market
9.4.5.3.1 U.A.E Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.4.5.3.2 U.A.E Intelligent Assistant Embedded Consumer Devices Market by Technology
9.4.5.4 Rest of Middle East and Africa Intelligent Assistant Embedded Consumer Devices Market
9.4.5.4.1 Rest of Middle East and Africa Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.4.5.4.2 Rest of Middle East and Africa Intelligent Assistant Embedded Consumer Devices Market by Technology
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Intelligent Assistant Embedded Consumer Devices Market Overview
9.5.2 South and Central America Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis
9.5.3 South and Central America Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Device Type
9.5.4 South and Central America Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Technology
9.5.5 South and Central America Intelligent Assistant Embedded Consumer Devices Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Intelligent Assistant Embedded Consumer Devices Market
9.5.5.1.1 Brazil Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.5.5.1.2 Brazil Intelligent Assistant Embedded Consumer Devices Market by Technology
9.5.5.2 Argentina Intelligent Assistant Embedded Consumer Devices Market
9.5.5.2.1 Argentina Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.5.5.2.2 Argentina Intelligent Assistant Embedded Consumer Devices Market by Technology
9.5.5.3 Rest of South and Central America Intelligent Assistant Embedded Consumer Devices Market
9.5.5.3.1 Rest of South and Central America Intelligent Assistant Embedded Consumer Devices Market by Device Type
9.5.5.3.2 Rest of South and Central America Intelligent Assistant Embedded Consumer Devices Market by Technology
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. INTELLIGENT ASSISTANT EMBEDDED CONSUMER DEVICES MARKET, KEY COMPANY PROFILES
11.1. AMAZON.COM, INC.
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. APPLE INC.
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. ARM LIMITED
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. GOOGLE LLC
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. HP DEVELOPMENT COMPANY, L.P.
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. INTEL CORPORATION
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. LENOVO GROUP LIMITED
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. LG ELECTRONICS
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. MICROSOFT CORPORATION
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. SAMSUNG
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
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Amazon.com, Inc.2.Apple Inc.3.Arm Limited4.Google LLC5.HP Development Company, L.P.6.Intel Corporation7.Lenovo Group Limited8.LG Electronics9.Microsoft Corporation10.Samsung
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.
Get Free Sample For