Password management is a software solution that supports the storing and organization of passwords. Password management has appeared as a significant segment of the identity management market. Human-generated passwords are frequently algorithmically weak and prone to attacks. Password management is helpful for people and is also used for different enterprises, such as small-sized businesses, medium-sized businesses, and large-sized businesses, as a tool for governance and information and security.
MARKET SCOPE
The "Global Password Management Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the password management market with detailed market segmentation by type, access, organizational size, industry vertical, and geography. The report provides key statistics on the market status of the leading password management market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global password management market is segmented into self-service password management, and privileged user password management.
- On the basis of access, the market is segmented into mobile devices, desktops and laptops, voice enabled password systems, and others.
- Based on organizational size, the market is segmented into SMEs and large enterprises
- Based on industry vertical, the market is segmented into BFSI, education, healthcare, manufacturing, public sector and utilities, retail and wholesale distribution, telecom and IT, and others.
MARKET DYNAMICS
Drivers:
- An increased instance of attacks by hackers is one of the major factors driving the growth of the password management market.
- Moreover, the rapidly growing cloud market is anticipated to bring new opportunities for the password management market.
Restraints:
- Security concerns may hinder the growth of for the password management market.
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 market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The password 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 the 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 America after evaluating political, economic, social and technological factors affecting the password management market in these regions.
IMPACT OF COVID-19 ON PASSWORD MANAGEMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The password 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 the 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 America after evaluating political, economic, social and technological factors affecting the password management market in these regions.
IMPACT OF COVID-19 ON PASSWORD MANAGEMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the password 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 way for the expansion of business and customer base of market players. The market players from password management market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the password management market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Avatier
- HelpSystems.
- Dashlane SAS
- FastPassCorp A/S.
- Hitachi ID Systems, Inc.
- IBM
- Micro Focus
- SailPoint Technologies Holdings, Inc.
- Siber Systems, Inc.
- Zoho Corporation Pvt. Ltd.
- 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 Password Management Market - By Type
1.3.2 Password Management Market - By Access
1.3.3 Password Management Market - By Organizational Size
1.3.4 Password Management Market - By Industry Vertical
1.3.5 Password Management Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PASSWORD MANAGEMENT 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. PASSWORD 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 AND RESTRAINTS
6. PASSWORD MANAGEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. PASSWORD MANAGEMENT - GLOBAL MARKET OVERVIEW
6.2. PASSWORD MANAGEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PASSWORD MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SELF-SERVICE PASSWORD MANAGEMENT
7.3.1. Overview
7.3.2. Self-Service Password Management Market Forecast and Analysis
7.4. PRIVILEGED USER PASSWORD MANAGEMENT
7.4.1. Overview
7.4.2. Privileged User Password Management Market Forecast and Analysis
8. PASSWORD MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - ACCESS
8.1. OVERVIEW
8.2. ACCESS MARKET FORECASTS AND ANALYSIS
8.3. MOBILE DEVICES
8.3.1. Overview
8.3.2. Mobile Devices Market Forecast and Analysis
8.4. DESKTOPS AND LAPTOPS
8.4.1. Overview
8.4.2. Desktops and Laptops Market Forecast and Analysis
8.5. VOICE ENABLED PASSWORD SYSTEMS
8.5.1. Overview
8.5.2. Voice Enabled Password Systems Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. PASSWORD MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATIONAL SIZE
9.1. OVERVIEW
9.2. ORGANIZATIONAL SIZE MARKET FORECASTS AND ANALYSIS
9.3. SMES
9.3.1. Overview
9.3.2. SMEs Market Forecast and Analysis
9.4. LARGE ENTERPRISES
9.4.1. Overview
9.4.2. Large Enterprises Market Forecast and Analysis
10. PASSWORD MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
10.1. OVERVIEW
10.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
10.3. BFSI
10.3.1. Overview
10.3.2. BFSI Market Forecast and Analysis
10.4. EDUCATION
10.4.1. Overview
10.4.2. Education Market Forecast and Analysis
10.5. HEALTHCARE
10.5.1. Overview
10.5.2. Healthcare Market Forecast and Analysis
10.6. MANUFACTURING
10.6.1. Overview
10.6.2. Manufacturing Market Forecast and Analysis
10.7. PUBLIC SECTOR AND UTILITIES
10.7.1. Overview
10.7.2. Public Sector and Utilities Market Forecast and Analysis
10.8. RETAIL AND WHOLESALE DISTRIBUTION
10.8.1. Overview
10.8.2. Retail and Wholesale Distribution Market Forecast and Analysis
10.9. TELECOM AND IT
10.9.1. Overview
10.9.2. Telecom and IT Market Forecast and Analysis
10.10. OTHERS
10.10.1. Overview
10.10.2. Others Market Forecast and Analysis
11. PASSWORD MANAGEMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Password Management Market Overview
11.1.2 North America Password Management Market Forecasts and Analysis
11.1.3 North America Password Management Market Forecasts and Analysis - By Type
11.1.4 North America Password Management Market Forecasts and Analysis - By Access
11.1.5 North America Password Management Market Forecasts and Analysis - By Organizational Size
11.1.6 North America Password Management Market Forecasts and Analysis - By Industry Vertical
11.1.7 North America Password Management Market Forecasts and Analysis - By Countries
11.1.7.1 United States Password Management Market
11.1.7.1.1 United States Password Management Market by Type
11.1.7.1.2 United States Password Management Market by Access
11.1.7.1.3 United States Password Management Market by Organizational Size
11.1.7.1.4 United States Password Management Market by Industry Vertical
11.1.7.2 Canada Password Management Market
11.1.7.2.1 Canada Password Management Market by Type
11.1.7.2.2 Canada Password Management Market by Access
11.1.7.2.3 Canada Password Management Market by Organizational Size
11.1.7.2.4 Canada Password Management Market by Industry Vertical
11.1.7.3 Mexico Password Management Market
11.1.7.3.1 Mexico Password Management Market by Type
11.1.7.3.2 Mexico Password Management Market by Access
11.1.7.3.3 Mexico Password Management Market by Organizational Size
11.1.7.3.4 Mexico Password Management Market by Industry Vertical
11.2. EUROPE
11.2.1 Europe Password Management Market Overview
11.2.2 Europe Password Management Market Forecasts and Analysis
11.2.3 Europe Password Management Market Forecasts and Analysis - By Type
11.2.4 Europe Password Management Market Forecasts and Analysis - By Access
11.2.5 Europe Password Management Market Forecasts and Analysis - By Organizational Size
11.2.6 Europe Password Management Market Forecasts and Analysis - By Industry Vertical
11.2.7 Europe Password Management Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Password Management Market
11.2.7.1.1 Germany Password Management Market by Type
11.2.7.1.2 Germany Password Management Market by Access
11.2.7.1.3 Germany Password Management Market by Organizational Size
11.2.7.1.4 Germany Password Management Market by Industry Vertical
11.2.7.2 France Password Management Market
11.2.7.2.1 France Password Management Market by Type
11.2.7.2.2 France Password Management Market by Access
11.2.7.2.3 France Password Management Market by Organizational Size
11.2.7.2.4 France Password Management Market by Industry Vertical
11.2.7.3 Italy Password Management Market
11.2.7.3.1 Italy Password Management Market by Type
11.2.7.3.2 Italy Password Management Market by Access
11.2.7.3.3 Italy Password Management Market by Organizational Size
11.2.7.3.4 Italy Password Management Market by Industry Vertical
11.2.7.4 United Kingdom Password Management Market
11.2.7.4.1 United Kingdom Password Management Market by Type
11.2.7.4.2 United Kingdom Password Management Market by Access
11.2.7.4.3 United Kingdom Password Management Market by Organizational Size
11.2.7.4.4 United Kingdom Password Management Market by Industry Vertical
11.2.7.5 Russia Password Management Market
11.2.7.5.1 Russia Password Management Market by Type
11.2.7.5.2 Russia Password Management Market by Access
11.2.7.5.3 Russia Password Management Market by Organizational Size
11.2.7.5.4 Russia Password Management Market by Industry Vertical
11.2.7.6 Rest of Europe Password Management Market
11.2.7.6.1 Rest of Europe Password Management Market by Type
11.2.7.6.2 Rest of Europe Password Management Market by Access
11.2.7.6.3 Rest of Europe Password Management Market by Organizational Size
11.2.7.6.4 Rest of Europe Password Management Market by Industry Vertical
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Password Management Market Overview
11.3.2 Asia-Pacific Password Management Market Forecasts and Analysis
11.3.3 Asia-Pacific Password Management Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Password Management Market Forecasts and Analysis - By Access
11.3.5 Asia-Pacific Password Management Market Forecasts and Analysis - By Organizational Size
11.3.6 Asia-Pacific Password Management Market Forecasts and Analysis - By Industry Vertical
11.3.7 Asia-Pacific Password Management Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Password Management Market
11.3.7.1.1 Australia Password Management Market by Type
11.3.7.1.2 Australia Password Management Market by Access
11.3.7.1.3 Australia Password Management Market by Organizational Size
11.3.7.1.4 Australia Password Management Market by Industry Vertical
11.3.7.2 China Password Management Market
11.3.7.2.1 China Password Management Market by Type
11.3.7.2.2 China Password Management Market by Access
11.3.7.2.3 China Password Management Market by Organizational Size
11.3.7.2.4 China Password Management Market by Industry Vertical
11.3.7.3 India Password Management Market
11.3.7.3.1 India Password Management Market by Type
11.3.7.3.2 India Password Management Market by Access
11.3.7.3.3 India Password Management Market by Organizational Size
11.3.7.3.4 India Password Management Market by Industry Vertical
11.3.7.4 Japan Password Management Market
11.3.7.4.1 Japan Password Management Market by Type
11.3.7.4.2 Japan Password Management Market by Access
11.3.7.4.3 Japan Password Management Market by Organizational Size
11.3.7.4.4 Japan Password Management Market by Industry Vertical
11.3.7.5 South Korea Password Management Market
11.3.7.5.1 South Korea Password Management Market by Type
11.3.7.5.2 South Korea Password Management Market by Access
11.3.7.5.3 South Korea Password Management Market by Organizational Size
11.3.7.5.4 South Korea Password Management Market by Industry Vertical
11.3.7.6 Rest of Asia-Pacific Password Management Market
11.3.7.6.1 Rest of Asia-Pacific Password Management Market by Type
11.3.7.6.2 Rest of Asia-Pacific Password Management Market by Access
11.3.7.6.3 Rest of Asia-Pacific Password Management Market by Organizational Size
11.3.7.6.4 Rest of Asia-Pacific Password Management Market by Industry Vertical
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Password Management Market Overview
11.4.2 Middle East and Africa Password Management Market Forecasts and Analysis
11.4.3 Middle East and Africa Password Management Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Password Management Market Forecasts and Analysis - By Access
11.4.5 Middle East and Africa Password Management Market Forecasts and Analysis - By Organizational Size
11.4.6 Middle East and Africa Password Management Market Forecasts and Analysis - By Industry Vertical
11.4.7 Middle East and Africa Password Management Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Password Management Market
11.4.7.1.1 South Africa Password Management Market by Type
11.4.7.1.2 South Africa Password Management Market by Access
11.4.7.1.3 South Africa Password Management Market by Organizational Size
11.4.7.1.4 South Africa Password Management Market by Industry Vertical
11.4.7.2 Saudi Arabia Password Management Market
11.4.7.2.1 Saudi Arabia Password Management Market by Type
11.4.7.2.2 Saudi Arabia Password Management Market by Access
11.4.7.2.3 Saudi Arabia Password Management Market by Organizational Size
11.4.7.2.4 Saudi Arabia Password Management Market by Industry Vertical
11.4.7.3 U.A.E Password Management Market
11.4.7.3.1 U.A.E Password Management Market by Type
11.4.7.3.2 U.A.E Password Management Market by Access
11.4.7.3.3 U.A.E Password Management Market by Organizational Size
11.4.7.3.4 U.A.E Password Management Market by Industry Vertical
11.4.7.4 Rest of Middle East and Africa Password Management Market
11.4.7.4.1 Rest of Middle East and Africa Password Management Market by Type
11.4.7.4.2 Rest of Middle East and Africa Password Management Market by Access
11.4.7.4.3 Rest of Middle East and Africa Password Management Market by Organizational Size
11.4.7.4.4 Rest of Middle East and Africa Password Management Market by Industry Vertical
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Password Management Market Overview
11.5.2 South and Central America Password Management Market Forecasts and Analysis
11.5.3 South and Central America Password Management Market Forecasts and Analysis - By Type
11.5.4 South and Central America Password Management Market Forecasts and Analysis - By Access
11.5.5 South and Central America Password Management Market Forecasts and Analysis - By Organizational Size
11.5.6 South and Central America Password Management Market Forecasts and Analysis - By Industry Vertical
11.5.7 South and Central America Password Management Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Password Management Market
11.5.7.1.1 Brazil Password Management Market by Type
11.5.7.1.2 Brazil Password Management Market by Access
11.5.7.1.3 Brazil Password Management Market by Organizational Size
11.5.7.1.4 Brazil Password Management Market by Industry Vertical
11.5.7.2 Argentina Password Management Market
11.5.7.2.1 Argentina Password Management Market by Type
11.5.7.2.2 Argentina Password Management Market by Access
11.5.7.2.3 Argentina Password Management Market by Organizational Size
11.5.7.2.4 Argentina Password Management Market by Industry Vertical
11.5.7.3 Rest of South and Central America Password Management Market
11.5.7.3.1 Rest of South and Central America Password Management Market by Type
11.5.7.3.2 Rest of South and Central America Password Management Market by Access
11.5.7.3.3 Rest of South and Central America Password Management Market by Organizational Size
11.5.7.3.4 Rest of South and Central America Password Management Market by Industry Vertical
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. PASSWORD MANAGEMENT MARKET, KEY COMPANY PROFILES
13.1. AVATIER
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. HELPSYSTEMS.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. DASHLANE SAS
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. FASTPASSCORP A/S.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. HITACHI ID SYSTEMS, INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. IBM
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. MICRO FOCUS
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. SAILPOINT TECHNOLOGIES HOLDINGS, INC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SIBER SYSTEMS, INC.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. ZOHO CORPORATION PVT. LTD.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Avatier
2. HelpSystems.
3. Dashlane SAS
4. FastPassCorp A/S.
5. Hitachi ID Systems, Inc.
6. IBM
7. Micro Focus
8. SailPoint Technologies Holdings, Inc.
9. Siber Systems, Inc.
10. Zoho Corporation Pvt. Ltd.
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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Apr 2024
Flight Planning Software 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-Premise), Application (Logistics and Cargo, Airport, Private Airlines, Commercial Airlines, Flight School and Training Center, and Military and Defense), and Geography
Apr 2024
Deepfake AI Detection 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), Enterprise Size (Large Enterprises and SMEs), Industry Vertical (Media and Entertainment, BFSI, Government and Politics, Healthcare and Life Sciences, IT and Telecom, Retail and E-Commerce, and Others), and Geography
Apr 2024
Electronic Patient-Reported Outcomes (ePROS) Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Delivery Mode (Cloud Based and On-Premises), Application (Oncology, Respiratory, and Others), End User [Contract Research Organizations (CROs), Pharmaceutical Companies, and Others], and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Apr 2024
Travel and Expense Management Software Market
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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