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

Coverage: Video Intercom Devices Market covers analysis by Access Control (Password, Wireless); Device Type (Door Entry Systems, Handheld Devices); End User (Commercial, Residential, Government, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00009689
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Video intercom devices are broadly installed as audiovisual communication systems at the entry-exit points of offices, societies, and buildings, among others. Rapid urbanization in various economies is likely to create profitable growth opportunities for the market participants in video intercom devices market. Rising demand for building automation is driving the adoption of video intercom appliances in residential and commercial buildings which is likely to drive the video intercom devices market.

MARKET DYNAMICS

The global video intercom devices market is forecast to witness an amazing growth in the years to come. This is because of the fact that video intercom devices can also do the work of security cameras and keep track of who intrudes on one's privacy. The most important factor boosting this video intercom device market is that the building concerned is totally protected, and without the prior consent of the owner, no one can break into the building. Moreover, the rising popularity of smart homes is likely to create lucrative opportunities for the video intercom market. The introduction of advanced security audiovisual systems that provide a higher level of security to residential buildings and offices is also contributing to the video intercom market growth.

MARKET SCOPE

The "Video Intercom Devices market Analysis to 2028” is a specialized and in-depth study of Video Intercom Devices with a special focus on the global market trend analysis. The report aims to provide an overview of video intercom devices with detailed market segmentation by access control, device type, and end user. The video intercom devices market is expected to witness high growth during the forecast period. The report provides key statistics on the video intercom devices market and offers key trends and opportunities in video intercom devices market.

MARKET SEGMENTATION

The video intercom devices market is segmented on the basis of access control, device type, and end user. On the basis of access control, market is segmented as password, and wireless. On the basis of device type, market is segmented as door entry systems, and handheld devices. On the basis of end user, market is segmented commercial, residential, government, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the video intercom devices 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 video intercom devices market by each region is later sub-segmented by respective countries and segments.

The report analyzes factors affecting video intercom devices 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 effecting the video intercom devices market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the video intercom devices 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 video intercom devices market by each region is later sub-segmented by respective countries and segments.

The report analyzes factors affecting video intercom devices 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 effecting the video intercom devices market in these regions.

MARKET PLAYERS

The reports cover key developments in the video intercom devices 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 video intercom devices market are anticipated to lucrative growth opportunities in the future with the rising demand for video intercom devices in the global market. Below mentioned is the list of few companies engaged in the video intercom devices market.

The report also includes the profiles of video intercom devices 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.

  •  Aiphone Co., Ltd.
  •  Alpha Communications
  •  Comelit Group S.P.A
  •  Dahua Technology Co,Ltd
  •  Godrej and Boyce Manufacturi
  •  Honeywell International Inc
  •  Legrand Holding,Inc
  •  Panasonic Corporation
  •  Samsung
  •  Siedle and Sohne OHG

    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 Video Intercom Devices Market - By Access Control
    1.3.2 Video Intercom Devices Market - By Device Type
    1.3.3 Video Intercom Devices Market - By End User
    1.3.4 Video Intercom Devices Market - By Region
    1.3.4.1 By Country

    2. KEY TAKEWAYS

    3. RESEARCH METHODOLOGY

    4. VIDEO INTERCOM DEVICES MARKET LANDSCAPE
    4.1. OVERVIEW
    4.2. PEST ANALYSIS
    4.2.1 North America - Pest Analysis
    4.2.2 Europe - Pest Analysis
    4.2.3 Asia-Pacific - Pest Analysis
    4.2.4 Middle East and Africa - Pest Analysis
    4.2.5 South and Central America - Pest Analysis
    4.3. ECOSYSTEM ANALYSIS
    4.4. EXPERT OPINIONS

    5. VIDEO INTERCOM DEVICES 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

    6. VIDEO INTERCOM DEVICES MARKET - GLOBAL MARKET ANALYSIS
    6.1. VIDEO INTERCOM DEVICES - GLOBAL MARKET OVERVIEW
    6.2. VIDEO INTERCOM DEVICES - GLOBAL MARKET AND FORECAST TO 2028
    6.3. MARKET POSITIONING/MARKET SHARE

    7. VIDEO INTERCOM DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - ACCESS CONTROL
    7.1. OVERVIEW
    7.2. ACCESS CONTROL MARKET FORECASTS AND ANALYSIS
    7.3. PASSWORD
    7.3.1. Overview
    7.3.2. Password Market Forecast and Analysis
    7.4. WIRELESS
    7.4.1. Overview
    7.4.2. Wireless Market Forecast and Analysis
    8. VIDEO INTERCOM DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - DEVICE TYPE
    8.1. OVERVIEW
    8.2. DEVICE TYPE MARKET FORECASTS AND ANALYSIS
    8.3. DOOR ENTRY SYSTEMS
    8.3.1. Overview
    8.3.2. Door Entry Systems Market Forecast and Analysis
    8.4. HANDHELD DEVICES
    8.4.1. Overview
    8.4.2. Handheld Devices Market Forecast and Analysis
    9. VIDEO INTERCOM DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
    9.1. OVERVIEW
    9.2. END USER MARKET FORECASTS AND ANALYSIS
    9.3. COMMERCIAL
    9.3.1. Overview
    9.3.2. Commercial Market Forecast and Analysis
    9.4. RESIDENTIAL
    9.4.1. Overview
    9.4.2. Residential Market Forecast and Analysis
    9.5. GOVERNMENT
    9.5.1. Overview
    9.5.2. Government Market Forecast and Analysis
    9.6. OTHERS
    9.6.1. Overview
    9.6.2. Others Market Forecast and Analysis

    10. VIDEO INTERCOM DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
    10.1. NORTH AMERICA
    10.1.1 North America Video Intercom Devices Market Overview
    10.1.2 North America Video Intercom Devices Market Forecasts and Analysis
    10.1.3 North America Video Intercom Devices Market Forecasts and Analysis - By Access Control
    10.1.4 North America Video Intercom Devices Market Forecasts and Analysis - By Device Type
    10.1.5 North America Video Intercom Devices Market Forecasts and Analysis - By End User
    10.1.6 North America Video Intercom Devices Market Forecasts and Analysis - By Countries
    10.1.6.1 United States Video Intercom Devices Market
    10.1.6.1.1 United States Video Intercom Devices Market by Access Control
    10.1.6.1.2 United States Video Intercom Devices Market by Device Type
    10.1.6.1.3 United States Video Intercom Devices Market by End User
    10.1.6.2 Canada Video Intercom Devices Market
    10.1.6.2.1 Canada Video Intercom Devices Market by Access Control
    10.1.6.2.2 Canada Video Intercom Devices Market by Device Type
    10.1.6.2.3 Canada Video Intercom Devices Market by End User
    10.1.6.3 Mexico Video Intercom Devices Market
    10.1.6.3.1 Mexico Video Intercom Devices Market by Access Control
    10.1.6.3.2 Mexico Video Intercom Devices Market by Device Type
    10.1.6.3.3 Mexico Video Intercom Devices Market by End User
    10.2. EUROPE
    10.2.1 Europe Video Intercom Devices Market Overview
    10.2.2 Europe Video Intercom Devices Market Forecasts and Analysis
    10.2.3 Europe Video Intercom Devices Market Forecasts and Analysis - By Access Control
    10.2.4 Europe Video Intercom Devices Market Forecasts and Analysis - By Device Type
    10.2.5 Europe Video Intercom Devices Market Forecasts and Analysis - By End User
    10.2.6 Europe Video Intercom Devices Market Forecasts and Analysis - By Countries
    10.2.6.1 Germany Video Intercom Devices Market
    10.2.6.1.1 Germany Video Intercom Devices Market by Access Control
    10.2.6.1.2 Germany Video Intercom Devices Market by Device Type
    10.2.6.1.3 Germany Video Intercom Devices Market by End User
    10.2.6.2 France Video Intercom Devices Market
    10.2.6.2.1 France Video Intercom Devices Market by Access Control
    10.2.6.2.2 France Video Intercom Devices Market by Device Type
    10.2.6.2.3 France Video Intercom Devices Market by End User
    10.2.6.3 Italy Video Intercom Devices Market
    10.2.6.3.1 Italy Video Intercom Devices Market by Access Control
    10.2.6.3.2 Italy Video Intercom Devices Market by Device Type
    10.2.6.3.3 Italy Video Intercom Devices Market by End User
    10.2.6.4 United Kingdom Video Intercom Devices Market
    10.2.6.4.1 United Kingdom Video Intercom Devices Market by Access Control
    10.2.6.4.2 United Kingdom Video Intercom Devices Market by Device Type
    10.2.6.4.3 United Kingdom Video Intercom Devices Market by End User
    10.2.6.5 Russia Video Intercom Devices Market
    10.2.6.5.1 Russia Video Intercom Devices Market by Access Control
    10.2.6.5.2 Russia Video Intercom Devices Market by Device Type
    10.2.6.5.3 Russia Video Intercom Devices Market by End User
    10.3. ASIA-PACIFIC
    10.3.1 Asia-Pacific Video Intercom Devices Market Overview
    10.3.2 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis
    10.3.3 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis - By Access Control
    10.3.4 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis - By Device Type
    10.3.5 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis - By End User
    10.3.6 Asia-Pacific Video Intercom Devices Market Forecasts and Analysis - By Countries
    10.3.6.1 Australia Video Intercom Devices Market
    10.3.6.1.1 Australia Video Intercom Devices Market by Access Control
    10.3.6.1.2 Australia Video Intercom Devices Market by Device Type
    10.3.6.1.3 Australia Video Intercom Devices Market by End User
    10.3.6.2 China Video Intercom Devices Market
    10.3.6.2.1 China Video Intercom Devices Market by Access Control
    10.3.6.2.2 China Video Intercom Devices Market by Device Type
    10.3.6.2.3 China Video Intercom Devices Market by End User
    10.3.6.3 India Video Intercom Devices Market
    10.3.6.3.1 India Video Intercom Devices Market by Access Control
    10.3.6.3.2 India Video Intercom Devices Market by Device Type
    10.3.6.3.3 India Video Intercom Devices Market by End User
    10.3.6.4 Japan Video Intercom Devices Market
    10.3.6.4.1 Japan Video Intercom Devices Market by Access Control
    10.3.6.4.2 Japan Video Intercom Devices Market by Device Type
    10.3.6.4.3 Japan Video Intercom Devices Market by End User
    10.3.6.5 South Korea Video Intercom Devices Market
    10.3.6.5.1 South Korea Video Intercom Devices Market by Access Control
    10.3.6.5.2 South Korea Video Intercom Devices Market by Device Type
    10.3.6.5.3 South Korea Video Intercom Devices Market by End User
    10.3.6.6 Rest of Asia-Pacific Video Intercom Devices Market
    10.3.6.6.1 Rest of Asia-Pacific Video Intercom Devices Market by Access Control
    10.3.6.6.2 Rest of Asia-Pacific Video Intercom Devices Market by Device Type
    10.3.6.6.3 Rest of Asia-Pacific Video Intercom Devices Market by End User
    10.4. MIDDLE EAST AND AFRICA
    10.4.1 Middle East and Africa Video Intercom Devices Market Overview
    10.4.2 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis
    10.4.3 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis - By Access Control
    10.4.4 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis - By Device Type
    10.4.5 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis - By End User
    10.4.6 Middle East and Africa Video Intercom Devices Market Forecasts and Analysis - By Countries
    10.4.6.1 South Africa Video Intercom Devices Market
    10.4.6.1.1 South Africa Video Intercom Devices Market by Access Control
    10.4.6.1.2 South Africa Video Intercom Devices Market by Device Type
    10.4.6.1.3 South Africa Video Intercom Devices Market by End User
    10.4.6.2 Saudi Arabia Video Intercom Devices Market
    10.4.6.2.1 Saudi Arabia Video Intercom Devices Market by Access Control
    10.4.6.2.2 Saudi Arabia Video Intercom Devices Market by Device Type
    10.4.6.2.3 Saudi Arabia Video Intercom Devices Market by End User
    10.4.6.3 U.A.E Video Intercom Devices Market
    10.4.6.3.1 U.A.E Video Intercom Devices Market by Access Control
    10.4.6.3.2 U.A.E Video Intercom Devices Market by Device Type
    10.4.6.3.3 U.A.E Video Intercom Devices Market by End User
    10.4.6.4 Rest of Middle East and Africa Video Intercom Devices Market
    10.4.6.4.1 Rest of Middle East and Africa Video Intercom Devices Market by Access Control
    10.4.6.4.2 Rest of Middle East and Africa Video Intercom Devices Market by Device Type
    10.4.6.4.3 Rest of Middle East and Africa Video Intercom Devices Market by End User
    10.5. SOUTH AND CENTRAL AMERICA
    10.5.1 South and Central America Video Intercom Devices Market Overview
    10.5.2 South and Central America Video Intercom Devices Market Forecasts and Analysis
    10.5.3 South and Central America Video Intercom Devices Market Forecasts and Analysis - By Access Control
    10.5.4 South and Central America Video Intercom Devices Market Forecasts and Analysis - By Device Type
    10.5.5 South and Central America Video Intercom Devices Market Forecasts and Analysis - By End User
    10.5.6 South and Central America Video Intercom Devices Market Forecasts and Analysis - By Countries
    10.5.6.1 Brazil Video Intercom Devices Market
    10.5.6.1.1 Brazil Video Intercom Devices Market by Access Control
    10.5.6.1.2 Brazil Video Intercom Devices Market by Device Type
    10.5.6.1.3 Brazil Video Intercom Devices Market by End User
    10.5.6.2 Argentina Video Intercom Devices Market
    10.5.6.2.1 Argentina Video Intercom Devices Market by Access Control
    10.5.6.2.2 Argentina Video Intercom Devices Market by Device Type
    10.5.6.2.3 Argentina Video Intercom Devices Market by End User
    10.5.6.3 Rest of South and Central America Video Intercom Devices Market
    10.5.6.3.1 Rest of South and Central America Video Intercom Devices Market by Access Control
    10.5.6.3.2 Rest of South and Central America Video Intercom Devices Market by Device Type
    10.5.6.3.3 Rest of South and Central America Video Intercom Devices Market by End User

    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. VIDEO INTERCOM DEVICES MARKET, KEY COMPANY PROFILES
    12.1. AIPHONE CO., LTD.
    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. ALPHA COMMUNICATIONS
    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. COMELIT GROUP S.P.A
    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. DAHUA TECHNOLOGY CO,LTD
    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. GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
    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. HONEYWELL INTERNATIONAL INC
    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. LEGRAND HOLDING,INC
    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. PANASONIC CORPORATION
    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. SAMSUNG
    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. SIEDLE AND SOHNE OHG
    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
    List of Companies

    1. Aiphone Co., Ltd.
    2. Alpha Communications
    3. Comelit Group S.P.A
    4. Dahua Technology Co,Ltd
    5. Godrej and Boyce Manufacturing Company Limited
    6. Honeywell International Inc
    7. Legrand Holding,Inc
    8. Panasonic Corporation
    9. Samsung
    10. Siedle and Sohne OHG

    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.

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