PropTech Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: PropTech Market covers analysis By Offering (Solution, Services); Component (Security and Surveillance, Asset Management, Sales and Advertisement, Others); Building Type (Residential, Non-residential) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00015057
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

Proptech or also referred as property technology comprises the set of technology driven products, solution or services that aid in several business operation, management and other business operation across the real estate sector. The market vertical has witnessed unprecedent investment from several prominent investors as well as venture capital companies in the past few years..

MARKET SCOPE

The "Global PropTech Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the proptech market with detailed market segmentation by offering, component, building type and geography. The report provides key statistics on the market status of the leading proptech market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on offering, the global proptech market is segmented into solution, service
  •   On the basis of component, the market is segmented into security and surveillance, asset management, sales and advertisement, others
  •   Based on building type, the market is bifurcated into residential, non-residential

MARKET DYNAMICS
Drivers:

  •   Factors such as rising adoption of numerous technologically enabled innovative solutions or services across the real estate industry is gaining major traction and is expected to be the major market driving force during the coming years.

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 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The proptech 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 marketduring 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 proptech market in these regions.

IMPACT OF COVID-19 ON PROPTECH 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.

World Geography

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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
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 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), the Middle East and Africa (MEA), and South America. The proptech 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 marketduring 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 proptech market in these regions.

IMPACT OF COVID-19 ON PROPTECH 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 proptech 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from proptech 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 proptech 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.

  •   Galileo Software Services, Inc.
  •   InspectRealEstate
  •   Locale
  •   Opendoor
  •   Optix (ShareDesk Global Inc.)
  •   PropertyGuru Pte Ltd.
  •   REA Group Ltd.
  •   RexLab
  •   Spacewell (Nemetschek Group)
  •   ZWEISPAC

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
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 PropTech Market - By Offering
1.3.2 PropTech Market - By Component
1.3.3 PropTech Market - By Building Type
1.3.4 PropTech Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PROPTECH 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. PROPTECH 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. PROPTECH MARKET - GLOBAL MARKET ANALYSIS
6.1. PROPTECH - GLOBAL MARKET OVERVIEW
6.2. PROPTECH - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. PROPTECH MARKET - REVENUE AND FORECASTS TO 2027 - OFFERING
7.1. OVERVIEW
7.2. OFFERING 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. PROPTECH MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENT
8.1. OVERVIEW
8.2. COMPONENT MARKET FORECASTS AND ANALYSIS
8.3. SECURITY AND SURVEILLANCE
8.3.1. Overview
8.3.2. Security and Surveillance Market Forecast and Analysis
8.4. ASSET MANAGEMENT
8.4.1. Overview
8.4.2. Asset Management Market Forecast and Analysis
8.5. SALES AND ADVERTISEMENT
8.5.1. Overview
8.5.2. Sales and Advertisement Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. PROPTECH MARKET - REVENUE AND FORECASTS TO 2027 - BUILDING TYPE
9.1. OVERVIEW
9.2. BUILDING TYPE MARKET FORECASTS AND ANALYSIS
9.3. RESIDENTIAL
9.3.1. Overview
9.3.2. Residential Market Forecast and Analysis
9.4. NON-RESIDENTIAL
9.4.1. Overview
9.4.2. Non-residential Market Forecast and Analysis

10. PROPTECH MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America PropTech Market Overview
10.1.2 North America PropTech Market Forecasts and Analysis
10.1.3 North America PropTech Market Forecasts and Analysis - By Offering
10.1.4 North America PropTech Market Forecasts and Analysis - By Component
10.1.5 North America PropTech Market Forecasts and Analysis - By Building Type
10.1.6 North America PropTech Market Forecasts and Analysis - By Countries
10.1.6.1 United States PropTech Market
10.1.6.1.1 United States PropTech Market by Offering
10.1.6.1.2 United States PropTech Market by Component
10.1.6.1.3 United States PropTech Market by Building Type
10.1.6.2 Canada PropTech Market
10.1.6.2.1 Canada PropTech Market by Offering
10.1.6.2.2 Canada PropTech Market by Component
10.1.6.2.3 Canada PropTech Market by Building Type
10.1.6.3 Mexico PropTech Market
10.1.6.3.1 Mexico PropTech Market by Offering
10.1.6.3.2 Mexico PropTech Market by Component
10.1.6.3.3 Mexico PropTech Market by Building Type
10.2. EUROPE
10.2.1 Europe PropTech Market Overview
10.2.2 Europe PropTech Market Forecasts and Analysis
10.2.3 Europe PropTech Market Forecasts and Analysis - By Offering
10.2.4 Europe PropTech Market Forecasts and Analysis - By Component
10.2.5 Europe PropTech Market Forecasts and Analysis - By Building Type
10.2.6 Europe PropTech Market Forecasts and Analysis - By Countries
10.2.6.1 Germany PropTech Market
10.2.6.1.1 Germany PropTech Market by Offering
10.2.6.1.2 Germany PropTech Market by Component
10.2.6.1.3 Germany PropTech Market by Building Type
10.2.6.2 France PropTech Market
10.2.6.2.1 France PropTech Market by Offering
10.2.6.2.2 France PropTech Market by Component
10.2.6.2.3 France PropTech Market by Building Type
10.2.6.3 Italy PropTech Market
10.2.6.3.1 Italy PropTech Market by Offering
10.2.6.3.2 Italy PropTech Market by Component
10.2.6.3.3 Italy PropTech Market by Building Type
10.2.6.4 Spain PropTech Market
10.2.6.4.1 Spain PropTech Market by Offering
10.2.6.4.2 Spain PropTech Market by Component
10.2.6.4.3 Spain PropTech Market by Building Type
10.2.6.5 United Kingdom PropTech Market
10.2.6.5.1 United Kingdom PropTech Market by Offering
10.2.6.5.2 United Kingdom PropTech Market by Component
10.2.6.5.3 United Kingdom PropTech Market by Building Type
10.2.6.6 Russia PropTech Market
10.2.6.6.1 Russia PropTech Market by Offering
10.2.6.6.2 Russia PropTech Market by Component
10.2.6.6.3 Russia PropTech Market by Building Type
10.2.6.7 Rest of Europe PropTech Market
10.2.6.7.1 Rest of Europe PropTech Market by Offering
10.2.6.7.2 Rest of Europe PropTech Market by Component
10.2.6.7.3 Rest of Europe PropTech Market by Building Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific PropTech Market Overview
10.3.2 Asia-Pacific PropTech Market Forecasts and Analysis
10.3.3 Asia-Pacific PropTech Market Forecasts and Analysis - By Offering
10.3.4 Asia-Pacific PropTech Market Forecasts and Analysis - By Component
10.3.5 Asia-Pacific PropTech Market Forecasts and Analysis - By Building Type
10.3.6 Asia-Pacific PropTech Market Forecasts and Analysis - By Countries
10.3.6.1 Australia PropTech Market
10.3.6.1.1 Australia PropTech Market by Offering
10.3.6.1.2 Australia PropTech Market by Component
10.3.6.1.3 Australia PropTech Market by Building Type
10.3.6.2 China PropTech Market
10.3.6.2.1 China PropTech Market by Offering
10.3.6.2.2 China PropTech Market by Component
10.3.6.2.3 China PropTech Market by Building Type
10.3.6.3 India PropTech Market
10.3.6.3.1 India PropTech Market by Offering
10.3.6.3.2 India PropTech Market by Component
10.3.6.3.3 India PropTech Market by Building Type
10.3.6.4 Japan PropTech Market
10.3.6.4.1 Japan PropTech Market by Offering
10.3.6.4.2 Japan PropTech Market by Component
10.3.6.4.3 Japan PropTech Market by Building Type
10.3.6.5 South Korea PropTech Market
10.3.6.5.1 South Korea PropTech Market by Offering
10.3.6.5.2 South Korea PropTech Market by Component
10.3.6.5.3 South Korea PropTech Market by Building Type
10.3.6.6 Rest of Asia-Pacific PropTech Market
10.3.6.6.1 Rest of Asia-Pacific PropTech Market by Offering
10.3.6.6.2 Rest of Asia-Pacific PropTech Market by Component
10.3.6.6.3 Rest of Asia-Pacific PropTech Market by Building Type
10.3.6.7 Hong Kong PropTech Market
10.3.6.7.1 Hong Kong PropTech Market by Offering
10.3.6.7.2 Hong Kong PropTech Market by Component
10.3.6.7.3 Hong Kong PropTech Market by Building Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa PropTech Market Overview
10.4.2 Middle East and Africa PropTech Market Forecasts and Analysis
10.4.3 Middle East and Africa PropTech Market Forecasts and Analysis - By Offering
10.4.4 Middle East and Africa PropTech Market Forecasts and Analysis - By Component
10.4.5 Middle East and Africa PropTech Market Forecasts and Analysis - By Building Type
10.4.6 Middle East and Africa PropTech Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa PropTech Market
10.4.6.1.1 South Africa PropTech Market by Offering
10.4.6.1.2 South Africa PropTech Market by Component
10.4.6.1.3 South Africa PropTech Market by Building Type
10.4.6.2 Saudi Arabia PropTech Market
10.4.6.2.1 Saudi Arabia PropTech Market by Offering
10.4.6.2.2 Saudi Arabia PropTech Market by Component
10.4.6.2.3 Saudi Arabia PropTech Market by Building Type
10.4.6.3 U.A.E PropTech Market
10.4.6.3.1 U.A.E PropTech Market by Offering
10.4.6.3.2 U.A.E PropTech Market by Component
10.4.6.3.3 U.A.E PropTech Market by Building Type
10.4.6.4 Rest of Middle East and Africa PropTech Market
10.4.6.4.1 Rest of Middle East and Africa PropTech Market by Offering
10.4.6.4.2 Rest of Middle East and Africa PropTech Market by Component
10.4.6.4.3 Rest of Middle East and Africa PropTech Market by Building Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America PropTech Market Overview
10.5.2 South and Central America PropTech Market Forecasts and Analysis
10.5.3 South and Central America PropTech Market Forecasts and Analysis - By Offering
10.5.4 South and Central America PropTech Market Forecasts and Analysis - By Component
10.5.5 South and Central America PropTech Market Forecasts and Analysis - By Building Type
10.5.6 South and Central America PropTech Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil PropTech Market
10.5.6.1.1 Brazil PropTech Market by Offering
10.5.6.1.2 Brazil PropTech Market by Component
10.5.6.1.3 Brazil PropTech Market by Building Type
10.5.6.2 Argentina PropTech Market
10.5.6.2.1 Argentina PropTech Market by Offering
10.5.6.2.2 Argentina PropTech Market by Component
10.5.6.2.3 Argentina PropTech Market by Building Type
10.5.6.3 Rest of South and Central America PropTech Market
10.5.6.3.1 Rest of South and Central America PropTech Market by Offering
10.5.6.3.2 Rest of South and Central America PropTech Market by Component
10.5.6.3.3 Rest of South and Central America PropTech Market by Building Type

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. PROPTECH MARKET, KEY COMPANY PROFILES
12.1. GALILEO SOFTWARE SERVICES, INC.
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. INSPECTREALESTATE
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. LOCALE
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. OPENDOOR
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. OPTIX (SHAREDESK GLOBAL INC.)
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. PROPERTYGURU PTE LTD.
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. REA GROUP LTD.
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. REXLAB
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. SPACEWELL (NEMETSCHEK GROUP)
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. ZWEISPAC
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
The List of Companies

1. Galileo Software Services, Inc.
2. InspectRealEstate
3. Locale
4. Opendoor
5. Optix (ShareDesk Global Inc.)
6. PropertyGuru Pte Ltd.
7. REA Group Ltd.
8. RexLab
9. Spacewell (Nemetschek Group)
10. ZWEISPAC

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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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