Environment Health and Safety Management Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Environment Health and Safety (EHS) Management Market covers analysis by Component (Solution, Services); Industry Vertical (Healthcare and Pharmaceuticals, Government and Defense, Chemicals and Materials, Engineering and Construction, Energy and Utilities, Food and Beverages, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00006387
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The environment, health, and safety management or EHS management is a crucial part of any organization which focuses towards developing and implementing environmental policy besides managing its ecological aspects. Stricter rules and regulations in the United States relating to hazardous wastes and safety is encouraging the players towards developing flexible solutions. Mass production of consumer goods and growth of the manufacturing sector further compliment the market landscape.

MARKET DYNAMICS

The environment, health, and safety management market is anticipated to grow in the forecast period owing to driving factors increasing awareness among employees and organizations and investments by end-users. Also, strict government guidelines favor the growth of the environment, health, and safety management market. However, market growth may be negatively influenced due to the poor implementation and lack of corrective measures during the forecast period. On the other hand, wide-scale acceptance of international standards in the developing nations is likely to showcase favorable growth opportunities for the industry players of the environment, health, and safety management market.

MARKET SCOPE

The "Global Environment, Health, and Safety (EHS) Management Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of environment, health, and safety management market with detailed market segmentation by component, industry vertical, and geography. The global environment, health, and safety management market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading environment, health, and safety management market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global environment, health, and safety management market is segmented on the basis of component and industry vertical. Based on component, the market is segmented as solution and services. On the basis of the industry vertical, the market is segmented as healthcare and pharmaceuticals, government and defense, chemicals and materials, engineering and construction, energy and utilities, food and beverages, and others.


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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 environment, health, and safety management 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 and Africa (MEA) and South & Central America. The environment, health, and safety management 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 environment, health, and safety management 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 environment, health, and safety management 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 environment, health, and safety management 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 and Africa (MEA) and South & Central America. The environment, health, and safety management 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 environment, health, and safety management 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 environment, health, and safety management market in these regions.

MARKET PLAYERS

The reports cover key developments in the environment, health, and safety management 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 environment, health, and safety management market are anticipated to lucrative growth opportunities in the future with the rising demand for environment, health, and safety management in the global market. Below mentioned is the list of few companies engaged in the environment, health, and safety management market.

The report also includes the profiles of key environment, health, and safety management 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.

  •  Cority
  •  Enablon S.A.
  •  Enviance
  •  Gensuite
  •  Intelex Technologies Inc.
  •  Optial UK Ltd.
  •  SAP SE
  •  Sphera
  •  VelocityEHS
  •  Verisk 3E

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.
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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 Environment Health And Safety (EHS) Management Market - By Component
1.3.2 Environment Health And Safety (EHS) Management Market - By Industry Vertical
1.3.3 Environment Health And Safety (EHS) Management Market - By Region
1.3.3.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT 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. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT 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. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT - GLOBAL MARKET OVERVIEW
6.2. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis

8. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
8.1. OVERVIEW
8.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
8.3. HEALTHCARE AND PHARMACEUTICALS
8.3.1. Overview
8.3.2. Healthcare and Pharmaceuticals Market Forecast and Analysis
8.4. GOVERNMENT AND DEFENSE
8.4.1. Overview
8.4.2. Government and Defense Market Forecast and Analysis
8.5. CHEMICALS AND MATERIALS
8.5.1. Overview
8.5.2. Chemicals and Materials Market Forecast and Analysis
8.6. ENGINEERING AND CONSTRUCTION
8.6.1. Overview
8.6.2. Engineering and Construction Market Forecast and Analysis
8.7. ENERGY AND UTILITIES
8.7.1. Overview
8.7.2. Energy and Utilities Market Forecast and Analysis
8.8. FOOD AND BEVERAGES
8.8.1. Overview
8.8.2. Food and Beverages Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis

9. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Environment Health And Safety (EHS) Management Market Overview
9.1.2 North America Environment Health And Safety (EHS) Management Market Forecasts and Analysis
9.1.3 North America Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Component
9.1.4 North America Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Industry Vertical
9.1.5 North America Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Countries
9.1.5.1 United States Environment Health And Safety (EHS) Management Market
9.1.5.1.1 United States Environment Health And Safety (EHS) Management Market by Component
9.1.5.1.2 United States Environment Health And Safety (EHS) Management Market by Industry Vertical
9.1.5.2 Canada Environment Health And Safety (EHS) Management Market
9.1.5.2.1 Canada Environment Health And Safety (EHS) Management Market by Component
9.1.5.2.2 Canada Environment Health And Safety (EHS) Management Market by Industry Vertical
9.1.5.3 Mexico Environment Health And Safety (EHS) Management Market
9.1.5.3.1 Mexico Environment Health And Safety (EHS) Management Market by Component
9.1.5.3.2 Mexico Environment Health And Safety (EHS) Management Market by Industry Vertical
9.2. EUROPE
9.2.1 Europe Environment Health And Safety (EHS) Management Market Overview
9.2.2 Europe Environment Health And Safety (EHS) Management Market Forecasts and Analysis
9.2.3 Europe Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Component
9.2.4 Europe Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Industry Vertical
9.2.5 Europe Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Environment Health And Safety (EHS) Management Market
9.2.5.1.1 Germany Environment Health And Safety (EHS) Management Market by Component
9.2.5.1.2 Germany Environment Health And Safety (EHS) Management Market by Industry Vertical
9.2.5.2 France Environment Health And Safety (EHS) Management Market
9.2.5.2.1 France Environment Health And Safety (EHS) Management Market by Component
9.2.5.2.2 France Environment Health And Safety (EHS) Management Market by Industry Vertical
9.2.5.3 Italy Environment Health And Safety (EHS) Management Market
9.2.5.3.1 Italy Environment Health And Safety (EHS) Management Market by Component
9.2.5.3.2 Italy Environment Health And Safety (EHS) Management Market by Industry Vertical
9.2.5.4 United Kingdom Environment Health And Safety (EHS) Management Market
9.2.5.4.1 United Kingdom Environment Health And Safety (EHS) Management Market by Component
9.2.5.4.2 United Kingdom Environment Health And Safety (EHS) Management Market by Industry Vertical
9.2.5.5 Russia Environment Health And Safety (EHS) Management Market
9.2.5.5.1 Russia Environment Health And Safety (EHS) Management Market by Component
9.2.5.5.2 Russia Environment Health And Safety (EHS) Management Market by Industry Vertical
9.2.5.6 Rest of Europe Environment Health And Safety (EHS) Management Market
9.2.5.6.1 Rest of Europe Environment Health And Safety (EHS) Management Market by Component
9.2.5.6.2 Rest of Europe Environment Health And Safety (EHS) Management Market by Industry Vertical
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Environment Health And Safety (EHS) Management Market Overview
9.3.2 Asia-Pacific Environment Health And Safety (EHS) Management Market Forecasts and Analysis
9.3.3 Asia-Pacific Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Industry Vertical
9.3.5 Asia-Pacific Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Environment Health And Safety (EHS) Management Market
9.3.5.1.1 Australia Environment Health And Safety (EHS) Management Market by Component
9.3.5.1.2 Australia Environment Health And Safety (EHS) Management Market by Industry Vertical
9.3.5.2 China Environment Health And Safety (EHS) Management Market
9.3.5.2.1 China Environment Health And Safety (EHS) Management Market by Component
9.3.5.2.2 China Environment Health And Safety (EHS) Management Market by Industry Vertical
9.3.5.3 India Environment Health And Safety (EHS) Management Market
9.3.5.3.1 India Environment Health And Safety (EHS) Management Market by Component
9.3.5.3.2 India Environment Health And Safety (EHS) Management Market by Industry Vertical
9.3.5.4 Japan Environment Health And Safety (EHS) Management Market
9.3.5.4.1 Japan Environment Health And Safety (EHS) Management Market by Component
9.3.5.4.2 Japan Environment Health And Safety (EHS) Management Market by Industry Vertical
9.3.5.5 South Korea Environment Health And Safety (EHS) Management Market
9.3.5.5.1 South Korea Environment Health And Safety (EHS) Management Market by Component
9.3.5.5.2 South Korea Environment Health And Safety (EHS) Management Market by Industry Vertical
9.3.5.6 Rest of Asia-Pacific Environment Health And Safety (EHS) Management Market
9.3.5.6.1 Rest of Asia-Pacific Environment Health And Safety (EHS) Management Market by Component
9.3.5.6.2 Rest of Asia-Pacific Environment Health And Safety (EHS) Management Market by Industry Vertical
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Environment Health And Safety (EHS) Management Market Overview
9.4.2 Middle East and Africa Environment Health And Safety (EHS) Management Market Forecasts and Analysis
9.4.3 Middle East and Africa Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Industry Vertical
9.4.5 Middle East and Africa Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Environment Health And Safety (EHS) Management Market
9.4.5.1.1 South Africa Environment Health And Safety (EHS) Management Market by Component
9.4.5.1.2 South Africa Environment Health And Safety (EHS) Management Market by Industry Vertical
9.4.5.2 Saudi Arabia Environment Health And Safety (EHS) Management Market
9.4.5.2.1 Saudi Arabia Environment Health And Safety (EHS) Management Market by Component
9.4.5.2.2 Saudi Arabia Environment Health And Safety (EHS) Management Market by Industry Vertical
9.4.5.3 U.A.E Environment Health And Safety (EHS) Management Market
9.4.5.3.1 U.A.E Environment Health And Safety (EHS) Management Market by Component
9.4.5.3.2 U.A.E Environment Health And Safety (EHS) Management Market by Industry Vertical
9.4.5.4 Rest of Middle East and Africa Environment Health And Safety (EHS) Management Market
9.4.5.4.1 Rest of Middle East and Africa Environment Health And Safety (EHS) Management Market by Component
9.4.5.4.2 Rest of Middle East and Africa Environment Health And Safety (EHS) Management Market by Industry Vertical
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Environment Health And Safety (EHS) Management Market Overview
9.5.2 South and Central America Environment Health And Safety (EHS) Management Market Forecasts and Analysis
9.5.3 South and Central America Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Component
9.5.4 South and Central America Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Industry Vertical
9.5.5 South and Central America Environment Health And Safety (EHS) Management Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Environment Health And Safety (EHS) Management Market
9.5.5.1.1 Brazil Environment Health And Safety (EHS) Management Market by Component
9.5.5.1.2 Brazil Environment Health And Safety (EHS) Management Market by Industry Vertical
9.5.5.2 Argentina Environment Health And Safety (EHS) Management Market
9.5.5.2.1 Argentina Environment Health And Safety (EHS) Management Market by Component
9.5.5.2.2 Argentina Environment Health And Safety (EHS) Management Market by Industry Vertical
9.5.5.3 Rest of South and Central America Environment Health And Safety (EHS) Management Market
9.5.5.3.1 Rest of South and Central America Environment Health And Safety (EHS) Management Market by Component
9.5.5.3.2 Rest of South and Central America Environment Health And Safety (EHS) Management Market by Industry Vertical

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. ENVIRONMENT HEALTH AND SAFETY (EHS) MANAGEMENT MARKET, KEY COMPANY PROFILES
11.1. CORITY
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. ENABLON S.A.
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. ENVIANCE
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. GENSUITE
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. INTELEX TECHNOLOGIES INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. OPTIAL UK LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SAP SE
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. SPHERA
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. VELOCITYEHS
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. VERISK 3E
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
The List of Companies

1. Cority2. Enablon S.A.3. Enviance4. Gensuite5. Intelex Technologies Inc.6. Optial UK Ltd.7. SAP SE8. Sphera9. VelocityEHS10. Verisk 3E

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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