The companies engaging in the electronic contract manufacturing and design services market manufacture, test, and provide return and repair services for electronic components and assemblies for OEMs. The increasing focus of the companies towards outsourcing and maintaining low costs is one of the primary factors supporting the growth of electronic contract manufacturing and design services. The electronic contract manufacturing and design services market is fragmented with the presence of a large number of players operating in the market.
MARKET DYNAMICS
Growing focus towards reducing the manufacturing costs, providing better services, and maintaining good relations with the customers, growing demand for resource optimization are the major factors that are expected to drive the growth of the electronic contract manufacturing and design services market. However, the low quality of products manufactured might hinder the growth of the electronic contract manufacturing and design services market. Asia-Pacific region is expected to grow at a high CAGR owing to the increasing number of outsourcing activities in the region.
MARKET SCOPE
The "Global Electronic Contract Manufacturing And Design Services Market Analysis to 2028” is a specialized and in-depth study of the Electronic contract manufacturing and design services market industry with a special focus on the global market trend analysis. The report aims to provide an overview of electronic contract manufacturing and design services market with detailed market segmentation by service type, end-use industry, and geography. The global electronic contract manufacturing and design services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Electronic contract manufacturing and design services market players and offers key trends and opportunities in the Electronic contract manufacturing and design services market.
MARKET SEGMENTATION
The global electronic contract manufacturing and design services market is segmented on the basis of service type and end-use industry. On the basis of service type, the market is segmented as electronic design and engineering, electronic assembly, electronic manufacturing, and others. On the basis of end-use industry, the market is segmented as healthcare, automotive, industrial, power and energy, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Electronic contract manufacturing and design services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Electronic contract manufacturing and design services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Electronic contract manufacturing and design services market from both demand and supply side and further evaluates market dynamics effecting 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 America after evaluating political, economic, social and technological factors effecting the Electronic contract manufacturing and design services market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Electronic contract manufacturing and design services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Electronic contract manufacturing and design services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Electronic contract manufacturing and design services market from both demand and supply side and further evaluates market dynamics effecting 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 America after evaluating political, economic, social and technological factors effecting the Electronic contract manufacturing and design services market in these regions.
MARKET PLAYERS
The reports cover key developments in the Electronic contract manufacturing and design services 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 expansion of business and customer base of market players. The market payers from Electronic contract manufacturing and design services market are anticipated to lucrative growth opportunities in the future with the rising demand for Electronic contract manufacturing and design services market in the global market. Below mentioned is the list of few companies engaged in the Electronic contract manufacturing and design services market.
The report also includes the profiles of key Electronic contract manufacturing and design services market 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 last 3 years, key development in past five years.
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 Electronic Contract Manufacturing And Design Services Market - By Service Type
1.3.2 Electronic Contract Manufacturing And Design Services Market - By End-Use Industry
1.3.3 Electronic Contract Manufacturing And Design Services Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES 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. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES 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. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES - GLOBAL MARKET OVERVIEW
6.2. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
7.1. OVERVIEW
7.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3. ELECTRONIC DESIGN AND ENGINEERING
7.3.1. Overview
7.3.2. Electronic Design and Engineering Market Forecast and Analysis
7.4. ELECTRONIC ASSEMBLY
7.4.1. Overview
7.4.2. Electronic Assembly Market Forecast and Analysis
7.5. ELECTRONIC MANUFACTURING
7.5.1. Overview
7.5.2. Electronic Manufacturing Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
8.1. OVERVIEW
8.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. HEALTHCARE
8.3.1. Overview
8.3.2. Healthcare Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. INDUSTRIAL
8.5.1. Overview
8.5.2. Industrial Market Forecast and Analysis
8.6. POWER AND ENERGY
8.6.1. Overview
8.6.2. Power and Energy Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electronic Contract Manufacturing And Design Services Market Overview
9.1.2 North America Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis
9.1.3 North America Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Service Type
9.1.4 North America Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By End-Use Industry
9.1.5 North America Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Countries
9.1.5.1 United States Electronic Contract Manufacturing And Design Services Market
9.1.5.1.1 United States Electronic Contract Manufacturing And Design Services Market by Service Type
9.1.5.1.2 United States Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.1.5.2 Canada Electronic Contract Manufacturing And Design Services Market
9.1.5.2.1 Canada Electronic Contract Manufacturing And Design Services Market by Service Type
9.1.5.2.2 Canada Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.1.5.3 Mexico Electronic Contract Manufacturing And Design Services Market
9.1.5.3.1 Mexico Electronic Contract Manufacturing And Design Services Market by Service Type
9.1.5.3.2 Mexico Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.2. EUROPE
9.2.1 Europe Electronic Contract Manufacturing And Design Services Market Overview
9.2.2 Europe Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis
9.2.3 Europe Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Service Type
9.2.4 Europe Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By End-Use Industry
9.2.5 Europe Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electronic Contract Manufacturing And Design Services Market
9.2.5.1.1 Germany Electronic Contract Manufacturing And Design Services Market by Service Type
9.2.5.1.2 Germany Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.2.5.2 France Electronic Contract Manufacturing And Design Services Market
9.2.5.2.1 France Electronic Contract Manufacturing And Design Services Market by Service Type
9.2.5.2.2 France Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.2.5.3 Italy Electronic Contract Manufacturing And Design Services Market
9.2.5.3.1 Italy Electronic Contract Manufacturing And Design Services Market by Service Type
9.2.5.3.2 Italy Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.2.5.4 United Kingdom Electronic Contract Manufacturing And Design Services Market
9.2.5.4.1 United Kingdom Electronic Contract Manufacturing And Design Services Market by Service Type
9.2.5.4.2 United Kingdom Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.2.5.5 Russia Electronic Contract Manufacturing And Design Services Market
9.2.5.5.1 Russia Electronic Contract Manufacturing And Design Services Market by Service Type
9.2.5.5.2 Russia Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.2.5.6 Rest of Europe Electronic Contract Manufacturing And Design Services Market
9.2.5.6.1 Rest of Europe Electronic Contract Manufacturing And Design Services Market by Service Type
9.2.5.6.2 Rest of Europe Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electronic Contract Manufacturing And Design Services Market Overview
9.3.2 Asia-Pacific Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis
9.3.3 Asia-Pacific Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Service Type
9.3.4 Asia-Pacific Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By End-Use Industry
9.3.5 Asia-Pacific Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electronic Contract Manufacturing And Design Services Market
9.3.5.1.1 Australia Electronic Contract Manufacturing And Design Services Market by Service Type
9.3.5.1.2 Australia Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.3.5.2 China Electronic Contract Manufacturing And Design Services Market
9.3.5.2.1 China Electronic Contract Manufacturing And Design Services Market by Service Type
9.3.5.2.2 China Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.3.5.3 India Electronic Contract Manufacturing And Design Services Market
9.3.5.3.1 India Electronic Contract Manufacturing And Design Services Market by Service Type
9.3.5.3.2 India Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.3.5.4 Japan Electronic Contract Manufacturing And Design Services Market
9.3.5.4.1 Japan Electronic Contract Manufacturing And Design Services Market by Service Type
9.3.5.4.2 Japan Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.3.5.5 South Korea Electronic Contract Manufacturing And Design Services Market
9.3.5.5.1 South Korea Electronic Contract Manufacturing And Design Services Market by Service Type
9.3.5.5.2 South Korea Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.3.5.6 Rest of Asia-Pacific Electronic Contract Manufacturing And Design Services Market
9.3.5.6.1 Rest of Asia-Pacific Electronic Contract Manufacturing And Design Services Market by Service Type
9.3.5.6.2 Rest of Asia-Pacific Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electronic Contract Manufacturing And Design Services Market Overview
9.4.2 Middle East and Africa Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis
9.4.3 Middle East and Africa Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Service Type
9.4.4 Middle East and Africa Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By End-Use Industry
9.4.5 Middle East and Africa Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electronic Contract Manufacturing And Design Services Market
9.4.5.1.1 South Africa Electronic Contract Manufacturing And Design Services Market by Service Type
9.4.5.1.2 South Africa Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.4.5.2 Saudi Arabia Electronic Contract Manufacturing And Design Services Market
9.4.5.2.1 Saudi Arabia Electronic Contract Manufacturing And Design Services Market by Service Type
9.4.5.2.2 Saudi Arabia Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.4.5.3 U.A.E Electronic Contract Manufacturing And Design Services Market
9.4.5.3.1 U.A.E Electronic Contract Manufacturing And Design Services Market by Service Type
9.4.5.3.2 U.A.E Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.4.5.4 Rest of Middle East and Africa Electronic Contract Manufacturing And Design Services Market
9.4.5.4.1 Rest of Middle East and Africa Electronic Contract Manufacturing And Design Services Market by Service Type
9.4.5.4.2 Rest of Middle East and Africa Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electronic Contract Manufacturing And Design Services Market Overview
9.5.2 South and Central America Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis
9.5.3 South and Central America Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Service Type
9.5.4 South and Central America Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By End-Use Industry
9.5.5 South and Central America Electronic Contract Manufacturing And Design Services Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electronic Contract Manufacturing And Design Services Market
9.5.5.1.1 Brazil Electronic Contract Manufacturing And Design Services Market by Service Type
9.5.5.1.2 Brazil Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.5.5.2 Argentina Electronic Contract Manufacturing And Design Services Market
9.5.5.2.1 Argentina Electronic Contract Manufacturing And Design Services Market by Service Type
9.5.5.2.2 Argentina Electronic Contract Manufacturing And Design Services Market by End-Use Industry
9.5.5.3 Rest of South and Central America Electronic Contract Manufacturing And Design Services Market
9.5.5.3.1 Rest of South and Central America Electronic Contract Manufacturing And Design Services Market by Service Type
9.5.5.3.2 Rest of South and Central America Electronic Contract Manufacturing And Design Services Market by End-Use Industry
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. ELECTRONIC CONTRACT MANUFACTURING AND DESIGN SERVICES MARKET, KEY COMPANY PROFILES
11.1. A AND D PRECISION 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. EAST INDIA TECHNOLOGIES PVT.LTD
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. FLEX LTD.
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. NEO TECH 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. PIVOT INTERNATIONAL
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. RAYMING
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. SANMINA CORPORATION.
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. SPARQTRON CORPORATION
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. STREAMLINE ELECTRONICS MANUFACTURING, 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. VENTURE CORPORATION LIMITED
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. A and D Precision Inc.
2. East India Technologies Pvt.Ltd
3. FLEX LTD.
4. Neo Tech Inc
5. Pivot International
6. RAYMING
7. Sanmina Corporation.
8. Sparqtron Corporation
9. Streamline Electronics Manufacturing, Inc.
10. Venture Corporation Limited
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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