A travel transport and logistics (TTL) software testing services are used to verify that each function of TTL software is working as per their behavioral requirement specification, thereby ensuring the quality of the software. Growing digitization across the travel, transport, and logistics industry is one of the major factors supporting the growth of the travel transport and logistics software testing services market. The travel transport and logistics software testing services market is highly fragmented with the presence of a large number of players operating in the travel transport and logistics software testing services market.
MARKET DYNAMICS
The increasing focus towards creating bug-free software, growing consumption of mobile-based applications, and increasing focus towards providing a better user experience are the major factors supporting the growth of the travel transport and logistics software testing services market. However, the lack of skilled workforce might hinder the growth of the travel transport and logistics software testing services market. The demand for travel transport and logistics software testing services is growing significantly across the APAC region owing to the goring travel industry and increasing adoption of software solutions by the end-users.
MARKET SCOPE
The "Global Travel Transport And Logistics Software Testing Services Market Analysis to 2028" is a specialized and in-depth study of the travel transport and logistics software testing services market with a special focus on the global market trend analysis. The report aims to provide an overview of travel transport and logistics software testing services market with detailed market segmentation by testing type, service, and geography. The global travel transport and logistics software testing services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading travel transport and logistics software testing services market players and offers key trends and opportunities in the travel transport and logistics software testing services market.
MARKET SEGMENTATION
The global travel transport and logistics software testing services market is segmented on the basis of testing type, and service. On the basis of testing type, the market is segmented as application testing and product testing. On the basis of service, the market is segmented as managed and professional.
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 travel transport and logistics software testing services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The travel transport and logistics software testing services 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 travel transport and logistics software testing services 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 affecting the travel transport and logistics software testing services 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 travel transport and logistics software testing services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The travel transport and logistics software testing services 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 travel transport and logistics software testing services 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 affecting the travel transport and logistics software testing services market in these regions.
MARKET PLAYERS
The reports cover key developments in the travel transport and logistics software testing services 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 travel transport and logistics software testing services market are anticipated to lucrative growth opportunities in the future with the rising demand for travel transport and logistics software testing services market. Below mentioned is the list of few companies engaged in the travel transport and logistics software testing services market.
The report also includes the profiles of key travel transport and logistics software testing services 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.
- A3LOGICS
- Cigniti Technologies Ltd
- Clicqa
- Enhops
- Kualitatem
- QA Mentor - Testing Company
- Qainfotech.com
- Quality Matrix Inc
- Test Yantra Software Solutions
- Testrig Technologies
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 TTL Travel Transport And Logistics Software Testing Services Market - By Testing Type
1.3.2 TTL Travel Transport And Logistics Software Testing Services Market - By Service Type
1.3.3 TTL Travel Transport And Logistics Software Testing Services Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES 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. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES 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. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES - GLOBAL MARKET OVERVIEW
6.2. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - TESTING TYPE
7.1. OVERVIEW
7.2. TESTING TYPE MARKET FORECASTS AND ANALYSIS
7.3. APPLICATION TESTING
7.3.1. Overview
7.3.2. Application Testing Market Forecast and Analysis
7.4. PRODUCT TESTING
7.4.1. Overview
7.4.2. Product Testing Market Forecast and Analysis
8. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
8.1. OVERVIEW
8.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PROFESSIONAL
8.3.1. Overview
8.3.2. Professional Market Forecast and Analysis
8.4. MANAGED
8.4.1. Overview
8.4.2. Managed Market Forecast and Analysis
9. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America TTL Travel Transport And Logistics Software Testing Services Market Overview
9.1.2 North America TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis
9.1.3 North America TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Testing Type
9.1.4 North America TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Service Type
9.1.5 North America TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Countries
9.1.5.1 United States TTL Travel Transport And Logistics Software Testing Services Market
9.1.5.1.1 United States TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.1.5.1.2 United States TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.1.5.2 Canada TTL Travel Transport And Logistics Software Testing Services Market
9.1.5.2.1 Canada TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.1.5.2.2 Canada TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.1.5.3 Mexico TTL Travel Transport And Logistics Software Testing Services Market
9.1.5.3.1 Mexico TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.1.5.3.2 Mexico TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.2. EUROPE
9.2.1 Europe TTL Travel Transport And Logistics Software Testing Services Market Overview
9.2.2 Europe TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis
9.2.3 Europe TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Testing Type
9.2.4 Europe TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Service Type
9.2.5 Europe TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Countries
9.2.5.1 Germany TTL Travel Transport And Logistics Software Testing Services Market
9.2.5.1.1 Germany TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.2.5.1.2 Germany TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.2.5.2 France TTL Travel Transport And Logistics Software Testing Services Market
9.2.5.2.1 France TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.2.5.2.2 France TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.2.5.3 Italy TTL Travel Transport And Logistics Software Testing Services Market
9.2.5.3.1 Italy TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.2.5.3.2 Italy TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.2.5.4 United Kingdom TTL Travel Transport And Logistics Software Testing Services Market
9.2.5.4.1 United Kingdom TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.2.5.4.2 United Kingdom TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.2.5.5 Russia TTL Travel Transport And Logistics Software Testing Services Market
9.2.5.5.1 Russia TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.2.5.5.2 Russia TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.2.5.6 Rest of Europe TTL Travel Transport And Logistics Software Testing Services Market
9.2.5.6.1 Rest of Europe TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.2.5.6.2 Rest of Europe TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific TTL Travel Transport And Logistics Software Testing Services Market Overview
9.3.2 Asia-Pacific TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis
9.3.3 Asia-Pacific TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Testing Type
9.3.4 Asia-Pacific TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Service Type
9.3.5 Asia-Pacific TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Countries
9.3.5.1 Australia TTL Travel Transport And Logistics Software Testing Services Market
9.3.5.1.1 Australia TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.3.5.1.2 Australia TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.3.5.2 China TTL Travel Transport And Logistics Software Testing Services Market
9.3.5.2.1 China TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.3.5.2.2 China TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.3.5.3 India TTL Travel Transport And Logistics Software Testing Services Market
9.3.5.3.1 India TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.3.5.3.2 India TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.3.5.4 Japan TTL Travel Transport And Logistics Software Testing Services Market
9.3.5.4.1 Japan TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.3.5.4.2 Japan TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.3.5.5 South Korea TTL Travel Transport And Logistics Software Testing Services Market
9.3.5.5.1 South Korea TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.3.5.5.2 South Korea TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.3.5.6 Rest of Asia-Pacific TTL Travel Transport And Logistics Software Testing Services Market
9.3.5.6.1 Rest of Asia-Pacific TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.3.5.6.2 Rest of Asia-Pacific TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa TTL Travel Transport And Logistics Software Testing Services Market Overview
9.4.2 Middle East and Africa TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis
9.4.3 Middle East and Africa TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Testing Type
9.4.4 Middle East and Africa TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Service Type
9.4.5 Middle East and Africa TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa TTL Travel Transport And Logistics Software Testing Services Market
9.4.5.1.1 South Africa TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.4.5.1.2 South Africa TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.4.5.2 Saudi Arabia TTL Travel Transport And Logistics Software Testing Services Market
9.4.5.2.1 Saudi Arabia TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.4.5.2.2 Saudi Arabia TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.4.5.3 U.A.E TTL Travel Transport And Logistics Software Testing Services Market
9.4.5.3.1 U.A.E TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.4.5.3.2 U.A.E TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.4.5.4 Rest of Middle East and Africa TTL Travel Transport And Logistics Software Testing Services Market
9.4.5.4.1 Rest of Middle East and Africa TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.4.5.4.2 Rest of Middle East and Africa TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America TTL Travel Transport And Logistics Software Testing Services Market Overview
9.5.2 South and Central America TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis
9.5.3 South and Central America TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Testing Type
9.5.4 South and Central America TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Service Type
9.5.5 South and Central America TTL Travel Transport And Logistics Software Testing Services Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil TTL Travel Transport And Logistics Software Testing Services Market
9.5.5.1.1 Brazil TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.5.5.1.2 Brazil TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.5.5.2 Argentina TTL Travel Transport And Logistics Software Testing Services Market
9.5.5.2.1 Argentina TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.5.5.2.2 Argentina TTL Travel Transport And Logistics Software Testing Services Market by Service Type
9.5.5.3 Rest of South and Central America TTL Travel Transport And Logistics Software Testing Services Market
9.5.5.3.1 Rest of South and Central America TTL Travel Transport And Logistics Software Testing Services Market by Testing Type
9.5.5.3.2 Rest of South and Central America TTL Travel Transport And Logistics Software Testing Services Market by Service Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TTL TRAVEL TRANSPORT AND LOGISTICS SOFTWARE TESTING SERVICES MARKET, KEY COMPANY PROFILES
11.1. A3LOGICS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CIGNITI TECHNOLOGIES LTD
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CLICQA
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ENHOPS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KUALITATEM
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. QA MENTOR - TESTING COMPANY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. QAINFOTECH.COM
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. QUALITY MATRIX INC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TEST YANTRA SOFTWARE SOLUTIONS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TESTRIG TECHNOLOGIES
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. A3logics
2. Cigniti Technologies Ltd
3. ClicQA
4. Enhops
5. Kualitatem
6. QA Mentor - Testing Company
7. qainfotech.com
8. Quality Matrix Inc
9. Test Yantra Software Solutions
10. Testrig Technologies
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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