Affective Computing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Affective Computing Market covers analysis by Component (Hardware, Software); Technology (Touchless, Touch based); Solution (Facial Expression Recognition, Physiological Recognition, Speech Recognition, Gesture Recognition); End User (Research, Media and Advertising, Healthcare, Automotive, Retail, BFSI, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00004090
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION
Affective computing is a combination of cognitive science, psychology, as well as, computer science that can envisage the emotional state of humans and delivers applicable response to get a supportive result. This enables businesses including e-commerce sector to improve their customer shopping experience and hence sell products efficiently. Further, it can also be used for online advertising as well as advertising kiosk to offer favorable advertisement as per the user's emotional state. Affecting computing comprises of machine intelligence, big data, emotion analytics engine and sensors including camera and head up display among others to gather and scrutinize the customer emotion. Moreover, it also includes software for gesture recognition, speech and facial recognition and neural analytics.

MARKET DYNAMICS
The surging adoption of wearable devices coupled with increasing internet penetration is anticipated to fuel the demand for affective computing market. Furthermore, the robust need for businesses to comprehend customer behavior is another key factor driving the affective computing market growth. For this purpose, several businesses are partnering with affective computing players to enhance research & development activities in this field. However, diverse business applications of affective computing may pose a challenge to affective computing market growth.

MARKET SCOPE
The "Global Affective Computing Market Analysis to 2028" is a specialized and in-depth study of the Affective Computing industry with a special focus on the global market trend analysis. The report aims to provide an overview of the affective computing market with detailed market segmentation by component, technology, solution, end-user and geography. The global affective computing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading affective computing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global affective computing market is segmented based on component, technology, solution and end-user. Based on the component, the market is segmented into hardware and software. The technology segment of the affective computing market is classified touch less and touch based. Moreover, the affective computing market by solution is categorized into facial expression recognition, physiological recognition, speech recognition and gesture recognition. Also, the end-user segment comprises of research, media & advertising, healthcare, automotive, retail, BFSI and 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 affective computing market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The affective computing 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 affective computing 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 SAM after evaluating political, economic, social and technological factors affecting the affective computing market in these regions.

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MARKET PLAYERS

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global affective computing market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The affective computing 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 affective computing 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 SAM after evaluating political, economic, social and technological factors affecting the affective computing market in these regions.

MARKET PLAYERS
The reports cover key developments in the affective computing 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 payers from the affective computing market are anticipated to lucrative growth opportunities in the future with the rising demand for affective computing in the global market. Below mentioned is the list of few companies engaged in the affective computing market.

The report also includes the profiles of key affective computing 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, the key development in the past five years.
  • Affectiva, Inc
  • Apple Inc.
  • Beyond Verbal Communication, Ltd
  • Eyeris Technologies, Inc
  • GestureTek, Inc.
  • Google Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • Qualcomm 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.
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Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

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

Country Scope
Country Scope

This text is related
to country scope.

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 Affective Computing Market - By Component
1.3.2 Affective Computing Market - By Technology
1.3.3 Affective Computing Market - By Solution
1.3.4 Affective Computing Market - By End User
1.3.5 Affective Computing Market - By Region
1.3.5.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. AFFECTIVE COMPUTING 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. AFFECTIVE COMPUTING 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. AFFECTIVE COMPUTING MARKET - GLOBAL MARKET ANALYSIS
6.1. AFFECTIVE COMPUTING - GLOBAL MARKET OVERVIEW
6.2. AFFECTIVE COMPUTING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. AFFECTIVE COMPUTING MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
8. AFFECTIVE COMPUTING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. TOUCHLESS
8.3.1. Overview
8.3.2. Touchless Market Forecast and Analysis
8.4. TOUCH BASED
8.4.1. Overview
8.4.2. Touch based Market Forecast and Analysis
9. AFFECTIVE COMPUTING MARKET - REVENUE AND FORECASTS TO 2028 - SOLUTION
9.1. OVERVIEW
9.2. SOLUTION MARKET FORECASTS AND ANALYSIS
9.3. FACIAL EXPRESSION RECOGNITION
9.3.1. Overview
9.3.2. Facial Expression Recognition Market Forecast and Analysis
9.4. PHYSIOLOGICAL RECOGNITION
9.4.1. Overview
9.4.2. Physiological Recognition Market Forecast and Analysis
9.5. SPEECH RECOGNITION
9.5.1. Overview
9.5.2. Speech Recognition Market Forecast and Analysis
9.6. GESTURE RECOGNITION
9.6.1. Overview
9.6.2. Gesture Recognition Market Forecast and Analysis
10. AFFECTIVE COMPUTING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. RESEARCH
10.3.1. Overview
10.3.2. Research Market Forecast and Analysis
10.4. MEDIA AND ADVERTISING
10.4.1. Overview
10.4.2. Media and Advertising Market Forecast and Analysis
10.5. HEALTHCARE
10.5.1. Overview
10.5.2. Healthcare Market Forecast and Analysis
10.6. AUTOMOTIVE
10.6.1. Overview
10.6.2. Automotive Market Forecast and Analysis
10.7. RETAIL
10.7.1. Overview
10.7.2. Retail Market Forecast and Analysis
10.8. BFSI
10.8.1. Overview
10.8.2. BFSI Market Forecast and Analysis
10.9. OTHERS
10.9.1. Overview
10.9.2. Others Market Forecast and Analysis

11. AFFECTIVE COMPUTING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Affective Computing Market Overview
11.1.2 North America Affective Computing Market Forecasts and Analysis
11.1.3 North America Affective Computing Market Forecasts and Analysis - By Component
11.1.4 North America Affective Computing Market Forecasts and Analysis - By Technology
11.1.5 North America Affective Computing Market Forecasts and Analysis - By Solution
11.1.6 North America Affective Computing Market Forecasts and Analysis - By End User
11.1.7 North America Affective Computing Market Forecasts and Analysis - By Countries
11.1.7.1 United States Affective Computing Market
11.1.7.1.1 United States Affective Computing Market by Component
11.1.7.1.2 United States Affective Computing Market by Technology
11.1.7.1.3 United States Affective Computing Market by Solution
11.1.7.1.4 United States Affective Computing Market by End User
11.1.7.2 Canada Affective Computing Market
11.1.7.2.1 Canada Affective Computing Market by Component
11.1.7.2.2 Canada Affective Computing Market by Technology
11.1.7.2.3 Canada Affective Computing Market by Solution
11.1.7.2.4 Canada Affective Computing Market by End User
11.1.7.3 Mexico Affective Computing Market
11.1.7.3.1 Mexico Affective Computing Market by Component
11.1.7.3.2 Mexico Affective Computing Market by Technology
11.1.7.3.3 Mexico Affective Computing Market by Solution
11.1.7.3.4 Mexico Affective Computing Market by End User
11.2. EUROPE
11.2.1 Europe Affective Computing Market Overview
11.2.2 Europe Affective Computing Market Forecasts and Analysis
11.2.3 Europe Affective Computing Market Forecasts and Analysis - By Component
11.2.4 Europe Affective Computing Market Forecasts and Analysis - By Technology
11.2.5 Europe Affective Computing Market Forecasts and Analysis - By Solution
11.2.6 Europe Affective Computing Market Forecasts and Analysis - By End User
11.2.7 Europe Affective Computing Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Affective Computing Market
11.2.7.1.1 Germany Affective Computing Market by Component
11.2.7.1.2 Germany Affective Computing Market by Technology
11.2.7.1.3 Germany Affective Computing Market by Solution
11.2.7.1.4 Germany Affective Computing Market by End User
11.2.7.2 France Affective Computing Market
11.2.7.2.1 France Affective Computing Market by Component
11.2.7.2.2 France Affective Computing Market by Technology
11.2.7.2.3 France Affective Computing Market by Solution
11.2.7.2.4 France Affective Computing Market by End User
11.2.7.3 Italy Affective Computing Market
11.2.7.3.1 Italy Affective Computing Market by Component
11.2.7.3.2 Italy Affective Computing Market by Technology
11.2.7.3.3 Italy Affective Computing Market by Solution
11.2.7.3.4 Italy Affective Computing Market by End User
11.2.7.4 United Kingdom Affective Computing Market
11.2.7.4.1 United Kingdom Affective Computing Market by Component
11.2.7.4.2 United Kingdom Affective Computing Market by Technology
11.2.7.4.3 United Kingdom Affective Computing Market by Solution
11.2.7.4.4 United Kingdom Affective Computing Market by End User
11.2.7.5 Russia Affective Computing Market
11.2.7.5.1 Russia Affective Computing Market by Component
11.2.7.5.2 Russia Affective Computing Market by Technology
11.2.7.5.3 Russia Affective Computing Market by Solution
11.2.7.5.4 Russia Affective Computing Market by End User
11.2.7.6 Rest of Europe Affective Computing Market
11.2.7.6.1 Rest of Europe Affective Computing Market by Component
11.2.7.6.2 Rest of Europe Affective Computing Market by Technology
11.2.7.6.3 Rest of Europe Affective Computing Market by Solution
11.2.7.6.4 Rest of Europe Affective Computing Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Affective Computing Market Overview
11.3.2 Asia-Pacific Affective Computing Market Forecasts and Analysis
11.3.3 Asia-Pacific Affective Computing Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Affective Computing Market Forecasts and Analysis - By Technology
11.3.5 Asia-Pacific Affective Computing Market Forecasts and Analysis - By Solution
11.3.6 Asia-Pacific Affective Computing Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific Affective Computing Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Affective Computing Market
11.3.7.1.1 Australia Affective Computing Market by Component
11.3.7.1.2 Australia Affective Computing Market by Technology
11.3.7.1.3 Australia Affective Computing Market by Solution
11.3.7.1.4 Australia Affective Computing Market by End User
11.3.7.2 China Affective Computing Market
11.3.7.2.1 China Affective Computing Market by Component
11.3.7.2.2 China Affective Computing Market by Technology
11.3.7.2.3 China Affective Computing Market by Solution
11.3.7.2.4 China Affective Computing Market by End User
11.3.7.3 India Affective Computing Market
11.3.7.3.1 India Affective Computing Market by Component
11.3.7.3.2 India Affective Computing Market by Technology
11.3.7.3.3 India Affective Computing Market by Solution
11.3.7.3.4 India Affective Computing Market by End User
11.3.7.4 Japan Affective Computing Market
11.3.7.4.1 Japan Affective Computing Market by Component
11.3.7.4.2 Japan Affective Computing Market by Technology
11.3.7.4.3 Japan Affective Computing Market by Solution
11.3.7.4.4 Japan Affective Computing Market by End User
11.3.7.5 South Korea Affective Computing Market
11.3.7.5.1 South Korea Affective Computing Market by Component
11.3.7.5.2 South Korea Affective Computing Market by Technology
11.3.7.5.3 South Korea Affective Computing Market by Solution
11.3.7.5.4 South Korea Affective Computing Market by End User
11.3.7.6 Rest of Asia-Pacific Affective Computing Market
11.3.7.6.1 Rest of Asia-Pacific Affective Computing Market by Component
11.3.7.6.2 Rest of Asia-Pacific Affective Computing Market by Technology
11.3.7.6.3 Rest of Asia-Pacific Affective Computing Market by Solution
11.3.7.6.4 Rest of Asia-Pacific Affective Computing Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Affective Computing Market Overview
11.4.2 Middle East and Africa Affective Computing Market Forecasts and Analysis
11.4.3 Middle East and Africa Affective Computing Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Affective Computing Market Forecasts and Analysis - By Technology
11.4.5 Middle East and Africa Affective Computing Market Forecasts and Analysis - By Solution
11.4.6 Middle East and Africa Affective Computing Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa Affective Computing Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Affective Computing Market
11.4.7.1.1 South Africa Affective Computing Market by Component
11.4.7.1.2 South Africa Affective Computing Market by Technology
11.4.7.1.3 South Africa Affective Computing Market by Solution
11.4.7.1.4 South Africa Affective Computing Market by End User
11.4.7.2 Saudi Arabia Affective Computing Market
11.4.7.2.1 Saudi Arabia Affective Computing Market by Component
11.4.7.2.2 Saudi Arabia Affective Computing Market by Technology
11.4.7.2.3 Saudi Arabia Affective Computing Market by Solution
11.4.7.2.4 Saudi Arabia Affective Computing Market by End User
11.4.7.3 U.A.E Affective Computing Market
11.4.7.3.1 U.A.E Affective Computing Market by Component
11.4.7.3.2 U.A.E Affective Computing Market by Technology
11.4.7.3.3 U.A.E Affective Computing Market by Solution
11.4.7.3.4 U.A.E Affective Computing Market by End User
11.4.7.4 Rest of Middle East and Africa Affective Computing Market
11.4.7.4.1 Rest of Middle East and Africa Affective Computing Market by Component
11.4.7.4.2 Rest of Middle East and Africa Affective Computing Market by Technology
11.4.7.4.3 Rest of Middle East and Africa Affective Computing Market by Solution
11.4.7.4.4 Rest of Middle East and Africa Affective Computing Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Affective Computing Market Overview
11.5.2 South and Central America Affective Computing Market Forecasts and Analysis
11.5.3 South and Central America Affective Computing Market Forecasts and Analysis - By Component
11.5.4 South and Central America Affective Computing Market Forecasts and Analysis - By Technology
11.5.5 South and Central America Affective Computing Market Forecasts and Analysis - By Solution
11.5.6 South and Central America Affective Computing Market Forecasts and Analysis - By End User
11.5.7 South and Central America Affective Computing Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Affective Computing Market
11.5.7.1.1 Brazil Affective Computing Market by Component
11.5.7.1.2 Brazil Affective Computing Market by Technology
11.5.7.1.3 Brazil Affective Computing Market by Solution
11.5.7.1.4 Brazil Affective Computing Market by End User
11.5.7.2 Argentina Affective Computing Market
11.5.7.2.1 Argentina Affective Computing Market by Component
11.5.7.2.2 Argentina Affective Computing Market by Technology
11.5.7.2.3 Argentina Affective Computing Market by Solution
11.5.7.2.4 Argentina Affective Computing Market by End User
11.5.7.3 Rest of South and Central America Affective Computing Market
11.5.7.3.1 Rest of South and Central America Affective Computing Market by Component
11.5.7.3.2 Rest of South and Central America Affective Computing Market by Technology
11.5.7.3.3 Rest of South and Central America Affective Computing Market by Solution
11.5.7.3.4 Rest of South and Central America Affective Computing Market by End User

12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13. AFFECTIVE COMPUTING MARKET, KEY COMPANY PROFILES
13.1. AFFECTIVA, INC
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. APPLE INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. BEYOND VERBAL COMMUNICATION, LTD
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. EYERIS TECHNOLOGIES, INC
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. GESTURETEK, INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. GOOGLE INC.
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. IBM CORPORATION
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. INTEL CORPORATION
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. MICROSOFT CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. QUALCOMM INC.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments

14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies

1. Affectiva, Inc
2. Apple Inc.
3. Beyond Verbal Communication, Ltd
4. Eyeris Technologies, Inc
5. GestureTek, Inc.
6. Google Inc.
7. IBM Corporation
8. Intel Corporation
9. Microsoft Corporation
10. Qualcomm Inc.

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

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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