The next-generation building energy management systems refer to a wide-ranging set of solutions that are utilized to facilitate energy-efficient building management facilities. These next-generation building energy management systems are characterized by the convergence of traditional and innovative software, hardware, and services to improve the control and automation of building systems and manual procedures.
MARKET DYNAMICS
The significant cost benefits to industrial, commercial, and residential users, simplified building operations and maintenance, growing demand for energy-efficient and eco-friendly buildings, and increasing integration of IoT are some of the major factors driving the growth of the next-generation building energy management systems market. Moreover, the increasing integration of IoT with building automation systems (BASs) is also anticipated to drive the growth of the next-generation building energy management systems market.
MARKET SCOPE
The "Global Next-Generation Building Energy Management Systems Market Analysis to 2031" is a specialized and in-depth study of the next-generation building energy management systems market with a special focus on the global market trend analysis. The report aims to provide an overview of next-generation building energy management systems market with detailed market segmentation by component, communication, applications. The global next-generation building energy management systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading next-generation building energy management systems market players and offers key trends and opportunities in the next-generation building energy management systems market.
MARKET SEGMENTATION
The global next-generation building energy management systems market is segmented on the basis of component, communication, applications. On the basis of component, the market is segmented as software, services, hardware. On the basis of communication, the market is segmented as wired, wireless. On the basis of applications, the market is segmented as commercial buildings, manufacturing facilities, educational institutions and hospitals, government establishments.
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 next-generation building energy management systems market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The next-generation building energy management systems 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 next-generation building energy management systems 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 next-generation building energy management systems market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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 next-generation building energy management systems market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The next-generation building energy management systems 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 next-generation building energy management systems 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 next-generation building energy management systems market in these regions.
MARKET PLAYERS
The reports cover key developments in the next-generation building energy management systems 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 players from next-generation building energy management systems market are anticipated to lucrative growth opportunities in the future with the rising demand for next-generation building energy management systems market. Below mentioned is the list of few companies engaged in the next-generation building energy management systems market.
The report also includes the profiles of key next-generation building energy management systems 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.
- ABB
- Azbil Corporation
- CISCO System
- Daikin
- Eaton
- Echelon
- GridPoint
- Johnson Controls
- Schneider Electric
- Siemens
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 Next-Generation Building Energy Management Systems Market - By Component
1.3.2 Next-Generation Building Energy Management Systems Market - By Communication
1.3.3 Next-Generation Building Energy Management Systems Market - By Applications
1.3.4 Next-Generation Building Energy Management Systems Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS 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. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS 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. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS - GLOBAL MARKET OVERVIEW
6.2. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.3.3. Data Management Market
7.3.3.1. Overview
7.3.3.2. Data Management Market Forecast and Analysis
7.3.4. Asset Performance Optimization Market
7.3.4.1. Overview
7.3.4.2. Asset Performance Optimization Market Forecast and Analysis
7.3.5. Application Platform Market
7.3.5.1. Overview
7.3.5.2. Application Platform Market Forecast and Analysis
7.3.6. HVAC System Market
7.3.6.1. Overview
7.3.6.2. HVAC System Market Forecast and Analysis
7.3.7. Lightning System Market
7.3.7.1. Overview
7.3.7.2. Lightning System Market Forecast and Analysis
7.4. SERVICE
7.4.1. Overview
7.4.2. Service Market Forecast and Analysis
7.4.3. Consulting and Training Market
7.4.3.1. Overview
7.4.3.2. Consulting and Training Market Forecast and Analysis
7.4.4. Support and Maintenance Services Market
7.4.4.1. Overview
7.4.4.2. Support and Maintenance Services Market Forecast and Analysis
7.5. HARDWARE
7.5.1. Overview
7.5.2. Hardware Market Forecast and Analysis
8. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - COMMUNICATION
8.1. OVERVIEW
8.2. COMMUNICATION MARKET FORECASTS AND ANALYSIS
8.3. WIRED
8.3.1. Overview
8.3.2. Wired Market Forecast and Analysis
8.4. WIRELESS
8.4.1. Overview
8.4.2. Wireless Market Forecast and Analysis
9. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
9.1. OVERVIEW
9.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
9.3. COMMERCIAL BUILDINGS
9.3.1. Overview
9.3.2. Commercial buildings Market Forecast and Analysis
9.4. MANUFACTURING FACILITIES
9.4.1. Overview
9.4.2. Manufacturing facilities Market Forecast and Analysis
9.5. EDUCATIONAL INSTITUTIONS
9.5.1. Overview
9.5.2. Educational institutions Market Forecast and Analysis
9.6. HOSPITALS
9.6.1. Overview
9.6.2. hospitals Market Forecast and Analysis
9.7. GOVERNMENT ESTABLISHMENTS
9.7.1. Overview
9.7.2. Government establishments Market Forecast and Analysis
10. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Next-Generation Building Energy Management Systems Market Overview
10.1.2 North America Next-Generation Building Energy Management Systems Market Forecasts and Analysis
10.1.3 North America Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Component
10.1.4 North America Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Communication
10.1.5 North America Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Applications
10.1.6 North America Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Countries
10.1.6.1 United States Next-Generation Building Energy Management Systems Market
10.1.6.1.1 United States Next-Generation Building Energy Management Systems Market by Component
10.1.6.1.2 United States Next-Generation Building Energy Management Systems Market by Communication
10.1.6.1.3 United States Next-Generation Building Energy Management Systems Market by Applications
10.1.6.2 Canada Next-Generation Building Energy Management Systems Market
10.1.6.2.1 Canada Next-Generation Building Energy Management Systems Market by Component
10.1.6.2.2 Canada Next-Generation Building Energy Management Systems Market by Communication
10.1.6.2.3 Canada Next-Generation Building Energy Management Systems Market by Applications
10.1.6.3 Mexico Next-Generation Building Energy Management Systems Market
10.1.6.3.1 Mexico Next-Generation Building Energy Management Systems Market by Component
10.1.6.3.2 Mexico Next-Generation Building Energy Management Systems Market by Communication
10.1.6.3.3 Mexico Next-Generation Building Energy Management Systems Market by Applications
10.2. EUROPE
10.2.1 Europe Next-Generation Building Energy Management Systems Market Overview
10.2.2 Europe Next-Generation Building Energy Management Systems Market Forecasts and Analysis
10.2.3 Europe Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Component
10.2.4 Europe Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Communication
10.2.5 Europe Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Applications
10.2.6 Europe Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Next-Generation Building Energy Management Systems Market
10.2.6.1.1 Germany Next-Generation Building Energy Management Systems Market by Component
10.2.6.1.2 Germany Next-Generation Building Energy Management Systems Market by Communication
10.2.6.1.3 Germany Next-Generation Building Energy Management Systems Market by Applications
10.2.6.2 France Next-Generation Building Energy Management Systems Market
10.2.6.2.1 France Next-Generation Building Energy Management Systems Market by Component
10.2.6.2.2 France Next-Generation Building Energy Management Systems Market by Communication
10.2.6.2.3 France Next-Generation Building Energy Management Systems Market by Applications
10.2.6.3 Italy Next-Generation Building Energy Management Systems Market
10.2.6.3.1 Italy Next-Generation Building Energy Management Systems Market by Component
10.2.6.3.2 Italy Next-Generation Building Energy Management Systems Market by Communication
10.2.6.3.3 Italy Next-Generation Building Energy Management Systems Market by Applications
10.2.6.4 United Kingdom Next-Generation Building Energy Management Systems Market
10.2.6.4.1 United Kingdom Next-Generation Building Energy Management Systems Market by Component
10.2.6.4.2 United Kingdom Next-Generation Building Energy Management Systems Market by Communication
10.2.6.4.3 United Kingdom Next-Generation Building Energy Management Systems Market by Applications
10.2.6.5 Russia Next-Generation Building Energy Management Systems Market
10.2.6.5.1 Russia Next-Generation Building Energy Management Systems Market by Component
10.2.6.5.2 Russia Next-Generation Building Energy Management Systems Market by Communication
10.2.6.5.3 Russia Next-Generation Building Energy Management Systems Market by Applications
10.2.6.6 Rest of Europe Next-Generation Building Energy Management Systems Market
10.2.6.6.1 Rest of Europe Next-Generation Building Energy Management Systems Market by Component
10.2.6.6.2 Rest of Europe Next-Generation Building Energy Management Systems Market by Communication
10.2.6.6.3 Rest of Europe Next-Generation Building Energy Management Systems Market by Applications
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Next-Generation Building Energy Management Systems Market Overview
10.3.2 Asia-Pacific Next-Generation Building Energy Management Systems Market Forecasts and Analysis
10.3.3 Asia-Pacific Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Communication
10.3.5 Asia-Pacific Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Applications
10.3.6 Asia-Pacific Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Next-Generation Building Energy Management Systems Market
10.3.6.1.1 Australia Next-Generation Building Energy Management Systems Market by Component
10.3.6.1.2 Australia Next-Generation Building Energy Management Systems Market by Communication
10.3.6.1.3 Australia Next-Generation Building Energy Management Systems Market by Applications
10.3.6.2 China Next-Generation Building Energy Management Systems Market
10.3.6.2.1 China Next-Generation Building Energy Management Systems Market by Component
10.3.6.2.2 China Next-Generation Building Energy Management Systems Market by Communication
10.3.6.2.3 China Next-Generation Building Energy Management Systems Market by Applications
10.3.6.3 India Next-Generation Building Energy Management Systems Market
10.3.6.3.1 India Next-Generation Building Energy Management Systems Market by Component
10.3.6.3.2 India Next-Generation Building Energy Management Systems Market by Communication
10.3.6.3.3 India Next-Generation Building Energy Management Systems Market by Applications
10.3.6.4 Japan Next-Generation Building Energy Management Systems Market
10.3.6.4.1 Japan Next-Generation Building Energy Management Systems Market by Component
10.3.6.4.2 Japan Next-Generation Building Energy Management Systems Market by Communication
10.3.6.4.3 Japan Next-Generation Building Energy Management Systems Market by Applications
10.3.6.5 South Korea Next-Generation Building Energy Management Systems Market
10.3.6.5.1 South Korea Next-Generation Building Energy Management Systems Market by Component
10.3.6.5.2 South Korea Next-Generation Building Energy Management Systems Market by Communication
10.3.6.5.3 South Korea Next-Generation Building Energy Management Systems Market by Applications
10.3.6.6 Rest of Asia-Pacific Next-Generation Building Energy Management Systems Market
10.3.6.6.1 Rest of Asia-Pacific Next-Generation Building Energy Management Systems Market by Component
10.3.6.6.2 Rest of Asia-Pacific Next-Generation Building Energy Management Systems Market by Communication
10.3.6.6.3 Rest of Asia-Pacific Next-Generation Building Energy Management Systems Market by Applications
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Next-Generation Building Energy Management Systems Market Overview
10.4.2 Middle East and Africa Next-Generation Building Energy Management Systems Market Forecasts and Analysis
10.4.3 Middle East and Africa Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Communication
10.4.5 Middle East and Africa Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Applications
10.4.6 Middle East and Africa Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Next-Generation Building Energy Management Systems Market
10.4.6.1.1 South Africa Next-Generation Building Energy Management Systems Market by Component
10.4.6.1.2 South Africa Next-Generation Building Energy Management Systems Market by Communication
10.4.6.1.3 South Africa Next-Generation Building Energy Management Systems Market by Applications
10.4.6.2 Saudi Arabia Next-Generation Building Energy Management Systems Market
10.4.6.2.1 Saudi Arabia Next-Generation Building Energy Management Systems Market by Component
10.4.6.2.2 Saudi Arabia Next-Generation Building Energy Management Systems Market by Communication
10.4.6.2.3 Saudi Arabia Next-Generation Building Energy Management Systems Market by Applications
10.4.6.3 U.A.E Next-Generation Building Energy Management Systems Market
10.4.6.3.1 U.A.E Next-Generation Building Energy Management Systems Market by Component
10.4.6.3.2 U.A.E Next-Generation Building Energy Management Systems Market by Communication
10.4.6.3.3 U.A.E Next-Generation Building Energy Management Systems Market by Applications
10.4.6.4 Rest of Middle East and Africa Next-Generation Building Energy Management Systems Market
10.4.6.4.1 Rest of Middle East and Africa Next-Generation Building Energy Management Systems Market by Component
10.4.6.4.2 Rest of Middle East and Africa Next-Generation Building Energy Management Systems Market by Communication
10.4.6.4.3 Rest of Middle East and Africa Next-Generation Building Energy Management Systems Market by Applications
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Next-Generation Building Energy Management Systems Market Overview
10.5.2 South and Central America Next-Generation Building Energy Management Systems Market Forecasts and Analysis
10.5.3 South and Central America Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Component
10.5.4 South and Central America Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Communication
10.5.5 South and Central America Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Applications
10.5.6 South and Central America Next-Generation Building Energy Management Systems Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Next-Generation Building Energy Management Systems Market
10.5.6.1.1 Brazil Next-Generation Building Energy Management Systems Market by Component
10.5.6.1.2 Brazil Next-Generation Building Energy Management Systems Market by Communication
10.5.6.1.3 Brazil Next-Generation Building Energy Management Systems Market by Applications
10.5.6.2 Argentina Next-Generation Building Energy Management Systems Market
10.5.6.2.1 Argentina Next-Generation Building Energy Management Systems Market by Component
10.5.6.2.2 Argentina Next-Generation Building Energy Management Systems Market by Communication
10.5.6.2.3 Argentina Next-Generation Building Energy Management Systems Market by Applications
10.5.6.3 Rest of South and Central America Next-Generation Building Energy Management Systems Market
10.5.6.3.1 Rest of South and Central America Next-Generation Building Energy Management Systems Market by Component
10.5.6.3.2 Rest of South and Central America Next-Generation Building Energy Management Systems Market by Communication
10.5.6.3.3 Rest of South and Central America Next-Generation Building Energy Management Systems Market by Applications
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. NEXT-GENERATION BUILDING ENERGY MANAGEMENT SYSTEMS MARKET, KEY COMPANY PROFILES
12.1. ABB
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. AZBIL CORPORATION
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. CISCO SYSTEM
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. DAIKIN
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. EATON
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. ECHELON
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. GRIDPOINT
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. JOHNSON CONTROLS
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. SCHNEIDER ELECTRIC
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. SIEMENS
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. ABB
2. Azbil Corporation
3. CISCO System
4. Daikin
5. Eaton
6. Echelon
7. GridPoint
8. Johnson Controls
9. Schneider Electric
10. Siemens
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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Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Deployment Mode (On-Premise and Cloud), Organization Size (Large Enterprises and Small and Medium Enterprises), Industry (BFSI, IT and Telecom, Manufacturing, Healthcare, Government and Defense, Retail, Transport and Logistics, and Others), and Geography
Apr 2024
Manufacturing Execution System (MES) Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Services), Services Type (Professional Services and Managed Services), Deployment (Cloud and On-Premise), Organization Size (Large Enterprises and SMEs), License Type (Subscription-Based and Licensed), Sales Channel (Direct Sales and Channel Partners), End User (Discrete Industry and Process Industry), and Geography
Apr 2024
Maritime Analytics Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Services), Deployment (Cloud and On-Premises), Application (Predictive and Prescriptive Analytics, Optimal Route Mapping, Pricing Insights, Vessel Safety and Security, and Others), End User (Commercial and Military), and Geography
Apr 2024
Environmental Consulting Service Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Service Type (Investment Assessment and Auditing, Permitting and Compliance, Project and Information Management, Monitoring and Testing, and Others), Media Type (Water Management, Waste Management, and Others), Vertical (Energy and Utilities, Chemical and Petroleum, Manufacturing and Process Industries, Transportation and Construction Industries, and Others), and Geography
Apr 2024
Data Protection as a Service Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Service Type [Backup as a Service (BaaS), Disaster Recovery as a Service (DRaaS), and Storage as a Service (STaaS)], Deployment (Public Cloud, Hybrid Cloud, and Private Cloud), Enterprise Size (Large Enterprises and SMEs), End Use Industry (IT and Telecom, BFSI, Healthcare, Manufacturing, Retail and E-Commerce, and Others), and Geography
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