The Warranty Management Software Market is expected to register a CAGR of 13.88% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Warranty Management Software Market Report is categorized by product type into the following subsegments: Service Contract, Warranty Intelligence, and Administration Management. It further presents an analysis based on deployment type, i.e., On-Premise and Cloud. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Warranty Management Software Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Warranty Management Software Market Segmentation
Type- Service Contract
- Warranty Intelligence
- Administration Management
- On-Premise
- Cloud
- Manufacturing
- Automotive
- Healthcare
- Supply Chain and Logistics
- Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Warranty Management Software Market Growth Drivers- Higher demand for customer satisfaction: Organizations increasingly pay attention to customers, whereas warranty management software ensures claims handling is efficient, and response time is improved thus driving the demand for ensuring customer retention.
- Global warranty claims in global business complexity: A worldwide operation of businesses demands improvement in services to handle warranty claims in a uniform manner throughout borders.
- Technological advancements: Automation and AI integration into warranty management, makes the process more effective at lower costs while increasing accuracy.
- Cloud-based solutions: This kind of cloud-based warranty management software highlights a new level of real time tracking, improved accessibility, and reduced IT costs.
- Artificial Intelligence & Machine Learning: Integration of AI helps in warranty claim prediction and optimization of the repair/maintenance schedules.
- IoT Integration Internet: Connected devices automatically monitor and track warranty claims, especially in automotive, electronics, and machinery. These trends are reshaping the warranty management software market by enhancing efficiency, customer experience, and operational effectiveness.
- Growth in the automotive and electronics sectors: With the warranty management system being increasingly indispensable to manufacturers, there is tremendous scope for growth in the automotive and electronics sectors.
- Geographic expansion: Asia-Pacific and Latin American emerging markets are growing as manufacturing activity in these markets picks up.
- SaaS-based model: Another way of warranty management is the SaaS-based model: the trend in SaaS-based warranty management solutions toward cost and scalability for SMEs.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Warranty Management Software Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Warranty Management Software Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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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
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
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to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Leading companies are A1 Enterprise, Inc., Evia Information Systems Pvt. Ltd., IFS AB, Mize, Inc., Pegasystems Inc., PTC Inc., ServiceMax, Inc., Tract Systems, Tavant Technologies, Inc., Wipro Limited,
The market is expected to register a CAGR of 13.88% during 2023-2031.
Future Trend of Warranty Management Software Market would be Cloud adoption, AI integration and IoT integration
The industry's driving factors include customer service emphasis, technological Advancements, and increasing geographical differentiation in warranty claims.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Warranty Management Software Market - By Type
1.3.2 Warranty Management Software Market - By Deployment
1.3.3 Warranty Management Software Market - By End-Use Industry
1.3.4 Warranty Management Software Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WARRANTY MANAGEMENT SOFTWARE 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. WARRANTY MANAGEMENT SOFTWARE 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. WARRANTY MANAGEMENT SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. WARRANTY MANAGEMENT SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. WARRANTY MANAGEMENT SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WARRANTY MANAGEMENT SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SERVICE CONTRACT
7.3.1. Overview
7.3.2. Service Contract Market Forecast and Analysis
7.4. WARRANTY INTELLIGENCE
7.4.1. Overview
7.4.2. Warranty Intelligence Market Forecast and Analysis
7.5. ADMINISTRATION MANAGEMENT
7.5.1. Overview
7.5.2. Administration Management Market Forecast and Analysis
8. WARRANTY MANAGEMENT SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
8.1. OVERVIEW
8.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
8.3. ON-PREMISE
8.3.1. Overview
8.3.2. On-Premise Market Forecast and Analysis
8.4. CLOUD
8.4.1. Overview
8.4.2. Cloud Market Forecast and Analysis
9. WARRANTY MANAGEMENT SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
9.1. OVERVIEW
9.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. MANUFACTURING
9.3.1. Overview
9.3.2. Manufacturing Market Forecast and Analysis
9.4. AUTOMOTIVE
9.4.1. Overview
9.4.2. Automotive Market Forecast and Analysis
9.5. HEALTHCARE
9.5.1. Overview
9.5.2. Healthcare Market Forecast and Analysis
9.6. SUPPLY CHAIN AND LOGISTICS
9.6.1. Overview
9.6.2. Supply Chain and Logistics Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. WARRANTY MANAGEMENT SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Warranty Management Software Market Overview
10.1.2 North America Warranty Management Software Market Forecasts and Analysis
10.1.3 North America Warranty Management Software Market Forecasts and Analysis - By Type
10.1.4 North America Warranty Management Software Market Forecasts and Analysis - By Deployment
10.1.5 North America Warranty Management Software Market Forecasts and Analysis - By End-Use Industry
10.1.6 North America Warranty Management Software Market Forecasts and Analysis - By Countries
10.1.6.1 United States Warranty Management Software Market
10.1.6.1.1 United States Warranty Management Software Market by Type
10.1.6.1.2 United States Warranty Management Software Market by Deployment
10.1.6.1.3 United States Warranty Management Software Market by End-Use Industry
10.1.6.2 Canada Warranty Management Software Market
10.1.6.2.1 Canada Warranty Management Software Market by Type
10.1.6.2.2 Canada Warranty Management Software Market by Deployment
10.1.6.2.3 Canada Warranty Management Software Market by End-Use Industry
10.1.6.3 Mexico Warranty Management Software Market
10.1.6.3.1 Mexico Warranty Management Software Market by Type
10.1.6.3.2 Mexico Warranty Management Software Market by Deployment
10.1.6.3.3 Mexico Warranty Management Software Market by End-Use Industry
10.2. EUROPE
10.2.1 Europe Warranty Management Software Market Overview
10.2.2 Europe Warranty Management Software Market Forecasts and Analysis
10.2.3 Europe Warranty Management Software Market Forecasts and Analysis - By Type
10.2.4 Europe Warranty Management Software Market Forecasts and Analysis - By Deployment
10.2.5 Europe Warranty Management Software Market Forecasts and Analysis - By End-Use Industry
10.2.6 Europe Warranty Management Software Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Warranty Management Software Market
10.2.6.1.1 Germany Warranty Management Software Market by Type
10.2.6.1.2 Germany Warranty Management Software Market by Deployment
10.2.6.1.3 Germany Warranty Management Software Market by End-Use Industry
10.2.6.2 France Warranty Management Software Market
10.2.6.2.1 France Warranty Management Software Market by Type
10.2.6.2.2 France Warranty Management Software Market by Deployment
10.2.6.2.3 France Warranty Management Software Market by End-Use Industry
10.2.6.3 Italy Warranty Management Software Market
10.2.6.3.1 Italy Warranty Management Software Market by Type
10.2.6.3.2 Italy Warranty Management Software Market by Deployment
10.2.6.3.3 Italy Warranty Management Software Market by End-Use Industry
10.2.6.4 United Kingdom Warranty Management Software Market
10.2.6.4.1 United Kingdom Warranty Management Software Market by Type
10.2.6.4.2 United Kingdom Warranty Management Software Market by Deployment
10.2.6.4.3 United Kingdom Warranty Management Software Market by End-Use Industry
10.2.6.5 Russia Warranty Management Software Market
10.2.6.5.1 Russia Warranty Management Software Market by Type
10.2.6.5.2 Russia Warranty Management Software Market by Deployment
10.2.6.5.3 Russia Warranty Management Software Market by End-Use Industry
10.2.6.6 Rest of Europe Warranty Management Software Market
10.2.6.6.1 Rest of Europe Warranty Management Software Market by Type
10.2.6.6.2 Rest of Europe Warranty Management Software Market by Deployment
10.2.6.6.3 Rest of Europe Warranty Management Software Market by End-Use Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Warranty Management Software Market Overview
10.3.2 Asia-Pacific Warranty Management Software Market Forecasts and Analysis
10.3.3 Asia-Pacific Warranty Management Software Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Warranty Management Software Market Forecasts and Analysis - By Deployment
10.3.5 Asia-Pacific Warranty Management Software Market Forecasts and Analysis - By End-Use Industry
10.3.6 Asia-Pacific Warranty Management Software Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Warranty Management Software Market
10.3.6.1.1 Australia Warranty Management Software Market by Type
10.3.6.1.2 Australia Warranty Management Software Market by Deployment
10.3.6.1.3 Australia Warranty Management Software Market by End-Use Industry
10.3.6.2 China Warranty Management Software Market
10.3.6.2.1 China Warranty Management Software Market by Type
10.3.6.2.2 China Warranty Management Software Market by Deployment
10.3.6.2.3 China Warranty Management Software Market by End-Use Industry
10.3.6.3 India Warranty Management Software Market
10.3.6.3.1 India Warranty Management Software Market by Type
10.3.6.3.2 India Warranty Management Software Market by Deployment
10.3.6.3.3 India Warranty Management Software Market by End-Use Industry
10.3.6.4 Japan Warranty Management Software Market
10.3.6.4.1 Japan Warranty Management Software Market by Type
10.3.6.4.2 Japan Warranty Management Software Market by Deployment
10.3.6.4.3 Japan Warranty Management Software Market by End-Use Industry
10.3.6.5 South Korea Warranty Management Software Market
10.3.6.5.1 South Korea Warranty Management Software Market by Type
10.3.6.5.2 South Korea Warranty Management Software Market by Deployment
10.3.6.5.3 South Korea Warranty Management Software Market by End-Use Industry
10.3.6.6 Rest of Asia-Pacific Warranty Management Software Market
10.3.6.6.1 Rest of Asia-Pacific Warranty Management Software Market by Type
10.3.6.6.2 Rest of Asia-Pacific Warranty Management Software Market by Deployment
10.3.6.6.3 Rest of Asia-Pacific Warranty Management Software Market by End-Use Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Warranty Management Software Market Overview
10.4.2 Middle East and Africa Warranty Management Software Market Forecasts and Analysis
10.4.3 Middle East and Africa Warranty Management Software Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Warranty Management Software Market Forecasts and Analysis - By Deployment
10.4.5 Middle East and Africa Warranty Management Software Market Forecasts and Analysis - By End-Use Industry
10.4.6 Middle East and Africa Warranty Management Software Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Warranty Management Software Market
10.4.6.1.1 South Africa Warranty Management Software Market by Type
10.4.6.1.2 South Africa Warranty Management Software Market by Deployment
10.4.6.1.3 South Africa Warranty Management Software Market by End-Use Industry
10.4.6.2 Saudi Arabia Warranty Management Software Market
10.4.6.2.1 Saudi Arabia Warranty Management Software Market by Type
10.4.6.2.2 Saudi Arabia Warranty Management Software Market by Deployment
10.4.6.2.3 Saudi Arabia Warranty Management Software Market by End-Use Industry
10.4.6.3 U.A.E Warranty Management Software Market
10.4.6.3.1 U.A.E Warranty Management Software Market by Type
10.4.6.3.2 U.A.E Warranty Management Software Market by Deployment
10.4.6.3.3 U.A.E Warranty Management Software Market by End-Use Industry
10.4.6.4 Rest of Middle East and Africa Warranty Management Software Market
10.4.6.4.1 Rest of Middle East and Africa Warranty Management Software Market by Type
10.4.6.4.2 Rest of Middle East and Africa Warranty Management Software Market by Deployment
10.4.6.4.3 Rest of Middle East and Africa Warranty Management Software Market by End-Use Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Warranty Management Software Market Overview
10.5.2 South and Central America Warranty Management Software Market Forecasts and Analysis
10.5.3 South and Central America Warranty Management Software Market Forecasts and Analysis - By Type
10.5.4 South and Central America Warranty Management Software Market Forecasts and Analysis - By Deployment
10.5.5 South and Central America Warranty Management Software Market Forecasts and Analysis - By End-Use Industry
10.5.6 South and Central America Warranty Management Software Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Warranty Management Software Market
10.5.6.1.1 Brazil Warranty Management Software Market by Type
10.5.6.1.2 Brazil Warranty Management Software Market by Deployment
10.5.6.1.3 Brazil Warranty Management Software Market by End-Use Industry
10.5.6.2 Argentina Warranty Management Software Market
10.5.6.2.1 Argentina Warranty Management Software Market by Type
10.5.6.2.2 Argentina Warranty Management Software Market by Deployment
10.5.6.2.3 Argentina Warranty Management Software Market by End-Use Industry
10.5.6.3 Rest of South and Central America Warranty Management Software Market
10.5.6.3.1 Rest of South and Central America Warranty Management Software Market by Type
10.5.6.3.2 Rest of South and Central America Warranty Management Software Market by Deployment
10.5.6.3.3 Rest of South and Central America Warranty Management Software Market by End-Use Industry
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. WARRANTY MANAGEMENT SOFTWARE MARKET, KEY COMPANY PROFILES
12.1. A1 ENTERPRISE, 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. EVIA INFORMATION SYSTEMS PVT. LTD.
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. IFS AB
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. MIZE, INC.
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. PEGASYSTEMS 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. PTC 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. SERVICEMAX, 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. TRACT SYSTEMS
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. TAVANT TECHNOLOGIES, INC.
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. WIPRO LIMITED
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. A1 Enterprise, Inc.
2. Evia Information Systems Pvt. Ltd.
3. IFS AB
4. Mize, Inc.
5. Pegasystems Inc.
6. PTC Inc.
7. ServiceMax, Inc.
8. Tract Systems
9. Tavant Technologies, Inc.
10. Wipro Limited
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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