Deep technology (Deep Tech), often known as hard tech, is based on scientific breakthroughs or technical discoveries. Its primary goal is to provide novel solutions to important problems such as climate change, chronic disease, food supply, and renewable energy. Deep Tech organizations' business strategies are focused on high-tech innovation that incorporates the most recent technology advancements in a variety of fields. Deep Tech develops platform technology that helps to launch new industries and alleviate bottlenecks in existing ones.
MARKET DYNAMICS
Deep Tech companies provide solutions to the energy power sector to update present technology by employing cutting-edge technology to investigate hydropower generating and boost solar and wind energy efficiency. Deep technology is used in the food and agriculture industries as well. It offers answers that could lead to a move away from the industrial era's traditional farming practices and toward more environmentally friendly methods of production. Various technologies, such as blockchain, big data, and biotechnology, are being used to create interconnected farming systems with very precise predictive capabilities, allowing farmers to harvest and grow their crops with the highest efficiency, yield, and resilience.
MARKET SCOPE
The "Global Deep Tech Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The deep tech market report aims to provide an overview of the deep tech market with detailed market segmentation by technology, end-user, enterprise size, and geography. The global deep tech market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading deep tech market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global deep tech market is segmented based on technology, end-user, enterprise size. Based on the technology, the deep tech market is segmented into big data, AI and ML, robotics, quantum computing, others. Based on end-user, the deep tech market is segmented into BFSI, IT and telecom, automotive, healthcare, manufacturing, agriculture, others. Based on the enterprise size, the deep tech market is segmented into small and medium enterprises, large enterprises.
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 deep tech market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The deep tech market by each region is later sub-segmented by respective countries and segments. The deep tech market 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 deep tech 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 highlighting factors affecting the deep tech market in these regions.
IMPACT OF COVID-19 ON DEEP TECH MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the deep tech market. Many companies now operate their businesses on online platforms due to the lockdown conditions; more companies are adopting video as a service. Therefore, the demand for deep tech is increasing during COVID-19 and is also set to increase during the forecast period.
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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 deep tech market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The deep tech market by each region is later sub-segmented by respective countries and segments. The deep tech market 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 deep tech 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 highlighting factors affecting the deep tech market in these regions.
IMPACT OF COVID-19 ON DEEP TECH MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the deep tech market. Many companies now operate their businesses on online platforms due to the lockdown conditions; more companies are adopting video as a service. Therefore, the demand for deep tech is increasing during COVID-19 and is also set to increase during the forecast period.
MARKET PLAYERS
The reports cover key developments in the deep tech 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 players from deep tech market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the deep tech market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the deep tech 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.
- IBM Corp.
- Amazon Web Services, Inc.
- Microsoft
- SAP SE
- SAS Institute Inc
- NTT Data
- Oracle
- VMware Inc.
- Hewlett Packard Enterprise Development LP
- Robotic Solutions, Inc.
- 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 Deep Tech Market - By Technology
1.3.2 Deep Tech Market - By End-User
1.3.3 Deep Tech Market - By Enterprise Size
1.3.4 Deep Tech Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DEEP TECH MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. DEEP TECH 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. DEEP TECH MARKET - GLOBAL MARKET ANALYSIS
6.1. DEEP TECH - GLOBAL MARKET OVERVIEW
6.2. DEEP TECH - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DEEP TECH MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. BIG DATA
7.3.1. Overview
7.3.2. Big Data Market Forecast and Analysis
7.4. AI AND ML
7.4.1. Overview
7.4.2. AI and ML Market Forecast and Analysis
7.5. ROBOTICS
7.5.1. Overview
7.5.2. Robotics Market Forecast and Analysis
7.6. QUANTUM COMPUTING
7.6.1. Overview
7.6.2. Quantum Computing Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. DEEP TECH MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. BFSI
8.3.1. Overview
8.3.2. BFSI Market Forecast and Analysis
8.4. IT AND TELECOM
8.4.1. Overview
8.4.2. IT and Telecom Market Forecast and Analysis
8.5. AUTOMOTIVE
8.5.1. Overview
8.5.2. Automotive Market Forecast and Analysis
8.6. HEALTHCARE
8.6.1. Overview
8.6.2. Healthcare Market Forecast and Analysis
8.7. MANUFACTURING
8.7.1. Overview
8.7.2. Manufacturing Market Forecast and Analysis
8.8. AGRICULTURE
8.8.1. Overview
8.8.2. Agriculture Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. DEEP TECH MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
9.1. OVERVIEW
9.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3. SMALL AND MEDIUM ENTERPRISES
9.3.1. Overview
9.3.2. Small and Medium Enterprises Market Forecast and Analysis
9.4. LARGE ENTERPRISES
9.4.1. Overview
9.4.2. Large Enterprises Market Forecast and Analysis
10. DEEP TECH MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Deep Tech Market Overview
10.1.2 North America Deep Tech Market Forecasts and Analysis
10.1.3 North America Deep Tech Market Forecasts and Analysis - By Technology
10.1.4 North America Deep Tech Market Forecasts and Analysis - By End-User
10.1.5 North America Deep Tech Market Forecasts and Analysis - By Enterprise Size
10.1.6 North America Deep Tech Market Forecasts and Analysis - By Countries
10.1.6.1 United States Deep Tech Market
10.1.6.1.1 United States Deep Tech Market by Technology
10.1.6.1.2 United States Deep Tech Market by End-User
10.1.6.1.3 United States Deep Tech Market by Enterprise Size
10.1.6.2 Canada Deep Tech Market
10.1.6.2.1 Canada Deep Tech Market by Technology
10.1.6.2.2 Canada Deep Tech Market by End-User
10.1.6.2.3 Canada Deep Tech Market by Enterprise Size
10.1.6.3 Mexico Deep Tech Market
10.1.6.3.1 Mexico Deep Tech Market by Technology
10.1.6.3.2 Mexico Deep Tech Market by End-User
10.1.6.3.3 Mexico Deep Tech Market by Enterprise Size
10.2. EUROPE
10.2.1 Europe Deep Tech Market Overview
10.2.2 Europe Deep Tech Market Forecasts and Analysis
10.2.3 Europe Deep Tech Market Forecasts and Analysis - By Technology
10.2.4 Europe Deep Tech Market Forecasts and Analysis - By End-User
10.2.5 Europe Deep Tech Market Forecasts and Analysis - By Enterprise Size
10.2.6 Europe Deep Tech Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Deep Tech Market
10.2.6.1.1 Germany Deep Tech Market by Technology
10.2.6.1.2 Germany Deep Tech Market by End-User
10.2.6.1.3 Germany Deep Tech Market by Enterprise Size
10.2.6.2 France Deep Tech Market
10.2.6.2.1 France Deep Tech Market by Technology
10.2.6.2.2 France Deep Tech Market by End-User
10.2.6.2.3 France Deep Tech Market by Enterprise Size
10.2.6.3 Italy Deep Tech Market
10.2.6.3.1 Italy Deep Tech Market by Technology
10.2.6.3.2 Italy Deep Tech Market by End-User
10.2.6.3.3 Italy Deep Tech Market by Enterprise Size
10.2.6.4 United Kingdom Deep Tech Market
10.2.6.4.1 United Kingdom Deep Tech Market by Technology
10.2.6.4.2 United Kingdom Deep Tech Market by End-User
10.2.6.4.3 United Kingdom Deep Tech Market by Enterprise Size
10.2.6.5 Russia Deep Tech Market
10.2.6.5.1 Russia Deep Tech Market by Technology
10.2.6.5.2 Russia Deep Tech Market by End-User
10.2.6.5.3 Russia Deep Tech Market by Enterprise Size
10.2.6.6 Rest of Europe Deep Tech Market
10.2.6.6.1 Rest of Europe Deep Tech Market by Technology
10.2.6.6.2 Rest of Europe Deep Tech Market by End-User
10.2.6.6.3 Rest of Europe Deep Tech Market by Enterprise Size
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Deep Tech Market Overview
10.3.2 Asia-Pacific Deep Tech Market Forecasts and Analysis
10.3.3 Asia-Pacific Deep Tech Market Forecasts and Analysis - By Technology
10.3.4 Asia-Pacific Deep Tech Market Forecasts and Analysis - By End-User
10.3.5 Asia-Pacific Deep Tech Market Forecasts and Analysis - By Enterprise Size
10.3.6 Asia-Pacific Deep Tech Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Deep Tech Market
10.3.6.1.1 Australia Deep Tech Market by Technology
10.3.6.1.2 Australia Deep Tech Market by End-User
10.3.6.1.3 Australia Deep Tech Market by Enterprise Size
10.3.6.2 China Deep Tech Market
10.3.6.2.1 China Deep Tech Market by Technology
10.3.6.2.2 China Deep Tech Market by End-User
10.3.6.2.3 China Deep Tech Market by Enterprise Size
10.3.6.3 India Deep Tech Market
10.3.6.3.1 India Deep Tech Market by Technology
10.3.6.3.2 India Deep Tech Market by End-User
10.3.6.3.3 India Deep Tech Market by Enterprise Size
10.3.6.4 Japan Deep Tech Market
10.3.6.4.1 Japan Deep Tech Market by Technology
10.3.6.4.2 Japan Deep Tech Market by End-User
10.3.6.4.3 Japan Deep Tech Market by Enterprise Size
10.3.6.5 South Korea Deep Tech Market
10.3.6.5.1 South Korea Deep Tech Market by Technology
10.3.6.5.2 South Korea Deep Tech Market by End-User
10.3.6.5.3 South Korea Deep Tech Market by Enterprise Size
10.3.6.6 Rest of Asia-Pacific Deep Tech Market
10.3.6.6.1 Rest of Asia-Pacific Deep Tech Market by Technology
10.3.6.6.2 Rest of Asia-Pacific Deep Tech Market by End-User
10.3.6.6.3 Rest of Asia-Pacific Deep Tech Market by Enterprise Size
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Deep Tech Market Overview
10.4.2 Middle East and Africa Deep Tech Market Forecasts and Analysis
10.4.3 Middle East and Africa Deep Tech Market Forecasts and Analysis - By Technology
10.4.4 Middle East and Africa Deep Tech Market Forecasts and Analysis - By End-User
10.4.5 Middle East and Africa Deep Tech Market Forecasts and Analysis - By Enterprise Size
10.4.6 Middle East and Africa Deep Tech Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Deep Tech Market
10.4.6.1.1 South Africa Deep Tech Market by Technology
10.4.6.1.2 South Africa Deep Tech Market by End-User
10.4.6.1.3 South Africa Deep Tech Market by Enterprise Size
10.4.6.2 Saudi Arabia Deep Tech Market
10.4.6.2.1 Saudi Arabia Deep Tech Market by Technology
10.4.6.2.2 Saudi Arabia Deep Tech Market by End-User
10.4.6.2.3 Saudi Arabia Deep Tech Market by Enterprise Size
10.4.6.3 U.A.E Deep Tech Market
10.4.6.3.1 U.A.E Deep Tech Market by Technology
10.4.6.3.2 U.A.E Deep Tech Market by End-User
10.4.6.3.3 U.A.E Deep Tech Market by Enterprise Size
10.4.6.4 Rest of Middle East and Africa Deep Tech Market
10.4.6.4.1 Rest of Middle East and Africa Deep Tech Market by Technology
10.4.6.4.2 Rest of Middle East and Africa Deep Tech Market by End-User
10.4.6.4.3 Rest of Middle East and Africa Deep Tech Market by Enterprise Size
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Deep Tech Market Overview
10.5.2 South and Central America Deep Tech Market Forecasts and Analysis
10.5.3 South and Central America Deep Tech Market Forecasts and Analysis - By Technology
10.5.4 South and Central America Deep Tech Market Forecasts and Analysis - By End-User
10.5.5 South and Central America Deep Tech Market Forecasts and Analysis - By Enterprise Size
10.5.6 South and Central America Deep Tech Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Deep Tech Market
10.5.6.1.1 Brazil Deep Tech Market by Technology
10.5.6.1.2 Brazil Deep Tech Market by End-User
10.5.6.1.3 Brazil Deep Tech Market by Enterprise Size
10.5.6.2 Argentina Deep Tech Market
10.5.6.2.1 Argentina Deep Tech Market by Technology
10.5.6.2.2 Argentina Deep Tech Market by End-User
10.5.6.2.3 Argentina Deep Tech Market by Enterprise Size
10.5.6.3 Rest of South and Central America Deep Tech Market
10.5.6.3.1 Rest of South and Central America Deep Tech Market by Technology
10.5.6.3.2 Rest of South and Central America Deep Tech Market by End-User
10.5.6.3.3 Rest of South and Central America Deep Tech Market by Enterprise Size
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. DEEP TECH MARKET, KEY COMPANY PROFILES
12.1. IBM CORP.
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. AMAZON WEB SERVICES, INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. MICROSOFT
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. SAP SE
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. SAS INSTITUTE 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. NTT DATA
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
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. VMWARE 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. HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP
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. ROBOTIC SOLUTIONS, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1.IBM Corp.
2.Amazon Web Services, Inc.
3.Microsoft
4.SAP SE
5.SAS Institute Inc
6.NTT Data
7.Oracle
8.VMware Inc.
9.Hewlett Packard Enterprise Development LP
10.Robotic Solutions, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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