IoT Sensor market in Europe is expected to grow from US$ 2,304.5 Mn in 2018 to US$ 17,158.7 Mn by the year 2027. This represents a CAGR of 24.9% from the year 2019 to 2027.
Continuous development in consumer electronics is fueling the Europe IoT Sensor market. The consumer electronics industry is witnessing immense growth. In the current scenario, various consumer electronic devices are used by consumers across the Europe for a plethora of tasks. Consumer electronic devices such as smartphones, tablets, PCs, music players, etc. have become integral part of consumers' lives. The consumer devices are becoming smarter with the ongoing technological advancements. The AI-enabled applications have stoked the demand for cheaper sensors. The Europe market for consumer electronics is growing the current scenario, owing to the fact that several semiconductor companies are regularly coming up with advanced technologies which is attracting the industry, thereby driving the IoT Sensor market in Europe.
The Increasing Adoption of Advanced Technologies is anticipated to fuel the Europe IoT Sensor market growth. The industrial sector is becoming increasingly entangled with Artificial Intelligence, big data as well as other such technologies. It is predicted that in the near future, automation will not only boost productivity but will also provide an advanced smart assistance to humans. The players are significantly investing in the development of industrial robots integrated with artificial intelligence. The integration of artificial intelligence will further reduce the intervention of humans, which will be beneficial for countries with inadequate and expensive labor force. These initiative by the market player are enhancing the growth of Europe IoT Sensor market.
Germany is anticipated to leads the IoT Sensor market across the Europe region through the forecast period. Germany is the hub of automobiles and automobile components in the European region. The IoT Sensors market is anticipated to furnish in the country in the near future, owing to increase in awareness of advanced technologies among the German mass. This scope is facilitating the Applications to adopt this technology, thereby creating a substantial market for the same at present, which is projecting a positive growth on the IoT Sensors market. It will further propel the growth of manufacturing industry in the country thereby, accelerating the growth of IoT Sensor market in the Germany. This bolster the Europe IoT Sensor market on the forecast period. The figure given below highlights the revenue share of Rest of Europe in the Europe IoT Sensor market in the forecast period:
Rest of Europe IoT Sensor Market Revenue and Forecasts to 2027 (US$ Bn)
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EUROPE AUTOMOTIVE SEMICONDUCTOR - MARKET SEGMENTATION
By Type
- Temperature sensor
- Light Sensor
- Pressure Sensor
- Chemical Sensor
- Motion Sensor
- Others
By Connectivity Type
- Wired
- Wireless
By Application
- Consumer Electronics
- Building Automation
- Healthcare
- Automotive
- Industrial
- Retail
- Others
By Country
- France
- Germany
- Russia
- UK
- Rest of Europe
Companies Mentioned
- Analog Devices, Inc.
- ARM Holdings PLC
- Broadcom, Inc.
- Honeywell International, Inc.
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Omron Corporation
- Robert Bosch Gmbh
- STMicroelectronics N.V.
- Texas Instruments Incorporated
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.
TABLE OF CONTENTS
PART 1.INTRODUCTION
1.1SCOPE OF THE STUDY
1.2THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3MARKET SEGMENTATION
1.3.1Europe IoT Sensors Market - By Type
1.3.2Europe IoT Sensors Market - By Connectivity Type
1.3.3Europe IoT Sensors Market - By Application
1.3.4Europe IoT Sensors Market - By Country
PART 2.EUROPE IOT SENSOR MARKET - KEY TAKEAWAYS
PART 3.RESEARCH METHODOLOGY
3.1.1Coverage
3.1.2Secondary Research
3.1.3Primary Research
PART 4.EUROPE IOT SENSOR MARKET LANDSCAPE
4.1MARKET OVERVIEW
4.2ECOSYSTEM ANALYSIS
4.3EUROPE PEST ANALYSIS
PART 5.EUROPE IOT SENSOR MARKET - KEY INDUSTRY DYNAMICS
5.1KEY MARKET DRIVERS
5.1.1Continuous Development in Consumer Electronics
5.2KEY MARKET RESTRAINTS
5.2.1Mounting Security Concerns
5.3KEY MARKET OPPORTUNITIES
5.3.1Introduction of connected cars
5.4FUTURE TRENDS
5.4.1Increasing Adoption of Advanced Technologies
5.5IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
PART 6.IOT SENSOR - EUROPE MARKET ANALYSIS
6.1EUROPE IOT SENSOR MARKET OVERVIEW
6.2EUROPE IOT SENSOR MARKET FORECAST AND ANALYSIS
PART 7.EUROPE IOT SENSOR MARKET ANALYSIS - BY TYPE
7.1OVERVIEW
7.2EUROPE IOT SENSOR MARKET BREAKDOWN, BY TYPE, 2018 & 2027
7.3TEMPERATURE SENSOR
7.3.1Overview
7.3.2Europe IoT Sensor Market, By Temperature Sensor Revenue and Forecasts to 2027 (US$ Mn)
7.4LIGHT SENSOR
7.4.1Overview
7.4.2Europe IoT Sensor Market, By Light Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
7.5PRESSURE SENSOR
7.5.1Overview
7.5.2Europe IoT Sensor Market, By Pressure Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
7.6CHEMICAL SENSOR
7.6.1Overview
7.6.2Europe IoT Sensor Market, By Chemical Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
7.7MOTION SENSOR
7.7.1Overview
7.7.2Europe IoT Sensor Market, By Motion Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
7.8OTHERS
7.8.1Overview
7.8.2Europe IoT Sensor Market, By Others Type Market Revenue and Forecasts to 2027 (US$ Mn)
PART 8.EUROPE IOT SENSOR MARKET ANALYSIS - BY CONNECTIVITY TYPE
8.1OVERVIEW
8.2EUROPE IOT SENSOR MARKET, BY CONNECTIVITY TYPE, 2018 & 2027
8.3WIRED
8.3.1Overview
8.3.2Europe IoT Sensor Market, By Wired Revenue and Forecasts to 2027 (US$ Mn)
8.4WIRELESS
8.4.1Overview
8.4.2Europe IoT Sensor Market, By Wireless Market Revenue and Forecasts to 2027 (US$ Mn)
PART 9.EUROPE IOT SENSOR MARKET ANALYSIS - BY APPLICATION
9.1OVERVIEW
9.2EUROPE IOT SENSOR MARKET BREAKDOWN, BY APPLICATION, 2018 & 2027
9.3AUTOMOTIVE
9.3.1Overview
9.3.2Europe IoT Sensor Market, By Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
9.4BUILDING AUTOMATION
9.4.1Overview
9.4.2Europe IoT Sensor Market, By Building Automation Market Revenue and Forecasts to 2027 (US$ Mn)
9.5CONSUMER ELECTRONICS
9.5.1Overview
9.5.2Europe IoT Sensor Market, By Consumer Electronics Market Revenue and Forecasts to 2027 (US$ Mn)
9.6HEALTHCARE
9.6.1Overview
9.6.2Europe IoT Sensor Market, By Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
9.7INDUSTRIAL
9.7.1Overview
9.7.2Europe IoT Sensor Market, By Industrial Market Revenue and Forecasts to 2027 (US$ Mn)
9.8RETAIL
9.8.1Overview
9.8.2Europe IoT Sensor Market, By Retail Market Revenue and Forecasts to 2027 (US$ Mn)
9.9OTHERS
9.9.1Overview
9.9.2Europe IoT Sensor Market, By Others Application Market Revenue and Forecasts to 2027 (US$ Mn)
PART 10.EUROPE IOT SENSORS MARKET - COUNTRY ANALYSIS
10.1OVERVIEW
10.1.1Europe IoT Sensors Market Breakdown, by Key Countries
10.1.1.1France IoT Sensors Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.1.1France IoT Sensors Market Breakdown by Type
10.1.1.1.2France IoT Sensors Market Breakdown by Connectivity Type
10.1.1.1.3France IoT Sensors Market Breakdown by Application
10.1.1.2Germany IoT Sensors Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.2.1Germany IoT Sensors Market Breakdown by Type
10.1.1.2.2Germany IoT Sensors Market Breakdown by Connectivity Type
10.1.1.2.3Germany IoT Sensors Market Breakdown by Application
10.1.1.3Russia IoT Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1Russia IoT Sensors Market Breakdown by Type
10.1.1.3.2Russia IoT Sensors Market Breakdown by Connectivity Type
10.1.1.3.3Russia IoT Sensors Market Breakdown by Application
10.1.1.4UK IoT Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.4.1UK IoT Sensors Market Breakdown by Type
10.1.1.4.2UK IoT Sensors Market Breakdown by Connectivity Type
10.1.1.4.3UK IoT Sensors Market Breakdown by Application
10.1.1.5Rest of Europe IoT Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.5.1Rest of Europe IoT Sensors Market Breakdown by Type
10.1.1.5.2Rest of Europe IoT Sensors Market Breakdown by Connectivity Type
10.1.1.5.3Rest of Europe IoT Sensors Market Breakdown by Application
PART 11.INDUSTRY LANDSCAPE
11.1OVERVIEW
11.2MARKET INITIATIVE
11.3MERGER AND ACQUISITION
11.4NEW DEVELOPMENT
PART 12.EUROPE IOT SENSOR MARKET - KEY COMPANY PROFILES
12.1ANALOG DEVICES, INC.
12.1.1Key Facts
12.1.2Business Description
12.1.3Products and Services
12.1.4Financial Overview
12.1.5SWOT Analysis
12.1.6Key Developments
12.2ARM HOLDINGS PLC
12.2.1Key Facts
12.2.2Business Description
12.2.3Products and Services
12.2.4Financial Overview
12.2.5SWOT Analysis
12.2.6Key Developments
12.3BROADCOM, INC.
12.3.1Key Facts
12.3.2Business Description
12.3.3Products and Services
12.3.4Financial Overview
12.3.5SWOT Analysis
12.3.6Key Developments
12.4HONEYWELL INTERNATIONAL, INC.
12.4.1Key Facts
12.4.2Business Description
12.4.3Products and Services
12.4.4Financial Overview
12.4.5SWOT Analysis
12.4.6Key Developments
12.5INFINEON TECHNOLOGIES AG
12.5.1Key Facts
12.5.2Business Description
12.5.3Products and Services
12.5.4Financial Overview
12.5.5SWOT Analysis
12.5.6Key Developments
12.6NXP SEMICONDUCTORS N.V.
12.6.1Key Facts
12.6.2Business Description
12.6.3Products and Services
12.6.4Financial Overview
12.6.5SWOT Analysis
12.6.6Key Developments
12.7OMRON CORPORATION
12.7.1Key Facts
12.7.2Business Description
12.7.3Products and Services
12.7.4Financial Overview
12.7.5SWOT Analysis
12.7.6Key Developments
12.8ROBERT BOSCH GMBH
12.8.1Key Facts
12.8.2Business Description
12.8.3Products and Services
12.8.4Financial Overview
12.8.5SWOT Analysis
12.8.6Key Developments
12.9STMICROELECTRONICS N.V.
12.9.1Key Facts
12.9.2Business Description
12.9.3Products and Services
12.9.4Financial Overview
12.9.5SWOT Analysis
12.9.6Key Developments
12.10TEXAS INSTRUMENTS INCORPORATED
12.10.1Key Facts
12.10.2Business Description
12.10.3Products and Services
12.10.4Financial Overview
12.10.5SWOT Analysis
12.10.6Key Developments
PART 13.APPENDIX
13.1ABOUT THE INSIGHT PARTNERS
13.2GLOSSARY
LIST OF TABLES
TABLE 1.EUROPE IOT SENSOR MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
TABLE 2.EUROPE IOT SENSOR MARKET, BY TYPE REVENUE AND FORECASTS TO 2027 (US$ MN)
TABLE 3.EUROPE IOT SENSOR MARKET, BY CONNECTIVITY TYPE REVENUE AND FORECASTS TO 2027 (US$ MN)
TABLE 4.EUROPE IOT SENSOR MARKET, BY APPLICATION REVENUE AND FORECASTS TO 2027 (US$ MN)
TABLE 5.EUROPE IOT SENSOR MARKET, BY COUNTRY REVENUE AND FORECASTS TO 2027 (US$ MN)
TABLE 6.FRANCE IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY TYPE (US$ MN)
TABLE 7.FRANCE IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY CONNECTIVITY TYPE (US$ MN)
TABLE 8.FRANCE IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY APPLICATION (US$ MN)
TABLE 9.GERMANY IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY TYPE (US$ MN)
TABLE 10.GERMANY IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY CONNECTIVITY TYPE (US$ MN)
TABLE 11.GERMANY IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 -BY APPLICATION (US$ MN)
TABLE 12.RUSSIA IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY TYPE (US$ MN)
TABLE 13.RUSSIA IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY CONNECTIVITY TYPE (US$ MN)
TABLE 14.RUSSIA IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY APPLICATION (US$ MN)
TABLE 15.UK IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY TYPE (US$ MN)
TABLE 16.UK IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY CONNECTIVITY TYPE (US$ MN)
TABLE 17.UK IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY APPLICATION (US$ MN)
TABLE 18.REST OF EUROPE IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY TYPE (US$ MN)
TABLE 19.REST OF EUROPE IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY CONNECTIVITY TYPE (US$ MN)
TABLE 20.REST OF EUROPE IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 - BY APPLICATION (US$ MN)
TABLE 21.GLOSSARY OF TERMS, IOT SENSOR MARKET
LIST OF FIGURES
FIGURE 1.EUROPE IOT SENSOR MARKET SEGMENTATION
FIGURE 2.EUROPE IOT SENSOR MARKET SEGMENTATION - BY COUNTRY
FIGURE 3.EUROPE CONSUMER ELECTRONICS MARKET, BY REVENUE (US$ BN), 2018 TO 2027
FIGURE 4.IOT SENSOR MARKET ECOSYSTEM ANALYSIS
FIGURE 5.EUROPE - PEST ANALYSIS
FIGURE 6.EUROPE IOT SENSOR MARKET IMPACT ANALYSIS OF DRIVER AND RESTRAINTS
FIGURE 7.EUROPE IOT SENSOR MARKET FORECAST AND ANALYSIS, (US$ MN)
FIGURE 8.EUROPE IOT SENSOR MARKET BREAKDOWN BY TYPE, 2018 & 2027 (%)
FIGURE 9.EUROPE IOT SENSOR MARKET, BY TEMPERATURE SENSOR MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 10.EUROPE IOT SENSOR MARKET, BY LIGHT SENSOR MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 11.EUROPE IOT SENSOR MARKET, BY PRESSURE SENSOR MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 12.EUROPE IOT SENSOR MARKET, BY CHEMICAL SENSOR MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 13.EUROPE IOT SENSOR MARKET, BY MOTION SENSOR MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 14.EUROPE IOT SENSOR MARKET, BY OTHERS TYPE MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 15.EUROPE IOT SENSOR MARKET, BY CONNECTIVITY TYPE, 2018 & 2027 (%)
FIGURE 16.EUROPE IOT SENSOR MARKET, BY WIRED MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 17.EUROPE IOT SENSOR MARKET, BY WIRELESS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 18.EUROPE IOT SENSOR MARKET BREAKDOWN BY APPLICATION, 2018 & 2027 (%)
FIGURE 19.EUROPE IOT SENSOR MARKET, BY AUTOMOTIVE MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 20.EUROPE IOT SENSOR MARKET, BY BUILDING AUTOMATION MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 21.EUROPE IOT SENSOR MARKET, BY CONSUMER ELECTRONICS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 22.EUROPE IOT SENSOR MARKET, BY HEALTHCARE MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 23.EUROPE IOT SENSOR MARKET, BY INDUSTRIAL MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 24.EUROPE IOT SENSOR MARKET, BY RETAIL MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 25.EUROPE IOT SENSOR MARKET, BY OTHERS APPLICATION MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 26.EUROPE IOT SENSORS MARKET BREAKDOWN BY KEY COUNTRIES, 2018 & 2027(%)
FIGURE 27.FRANCE IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 28.GERMANY IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 29.RUSSIA IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 30.UK IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 31.REST OF EUROPE IOT SENSORS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
The List of Companies
1. Analog Devices, Inc.
2. ARM Holdings PLC
3. Broadcom, Inc.
4. Honeywell International, Inc.
5. Infineon Technologies AG
6. NXP Semiconductors N.V.
7. Omron Corporation
8. Robert Bosch Gmbh
9. STMicroelectronics N.V.
10. Texas Instruments Incorporated
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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