Published On : October 2017 Pages : 140 Category: Emerging & Next Generation Technologies Report Code : SE10300
Industry Outlook and Trend Analysis
The Fingerprint Access Control Market was worth USD billion in the year of 2017 and is expected to reach approximately USD billion by 2022, while registering itself at a compound annual growth rate (CAGR) of % during the forecast period. Expanding requirement for security inferable from the expanding dangers of terrorist attacks is relied upon to add to the business development. A few government rules command the usage of identification technologies for foreign nationals, citizens, and employees to enhance national security. Government associations over the world are finding a way to enhance security in light of increased worries from the risk of terrorism over security of public. National governments have ordered substantial spending on safety efforts, positioning accentuation on the innovation to address mounting security issues. Such activities are anticipated to support market development over the estimate time frame. The technology of cloud computing is a developing pattern that takes into account the business requirement of a digitized economy. The innovation offers a few advantages, for example, data sovereignty, agility, deftness, and network-centric. Nonetheless, it offers some security dangers, for example, data intrusion and hacked passwords bringing about loss of individual data. Sending biometric innovation, for example, fingerprint address can resolve such issues by offering access control applications, smart spaces and mobile applications. Expanding requirement over the enterprises, for example, BFSI, healthcare and consumer electronics are anticipated to encourage the business development. While traditional security techniques, for example, credential or password have seen security vulnerabilities, for example, convenient to forge or stolen, undertakings and governments in locales including Asia Pacific tends to change to biometric identification systems because of high comfort and invigorated level of security.
Product Outlook and Trend Analysis
In 2017 the market was dominated by optical fingerprint access control, nonetheless, capacitive products are foreseen to encounter tremendous development over the estimate time frame. This can be extensively credited to the expansion being developed of electronic gadgets, for example, cell phones alongside the rising requirement for security. For example, cell phone organizations, for example, Samsung and Apple have begun inserting capacitive fingerprint sensors into their cell phones. Besides, these items are financially feasible when contrasted with the alternative items.
Application Outlook and Trend Analysis
Consumer electronics is anticipated to be the speediest portion, developing in the upcoming years attributable to the expanding requirement for access control features in cell phones and tablets. Mobile installment choices, for example, Apple Pay, Alipay and PayPal have effectively joined the innovation. Additionally, producers are putting forth the innovation for mobile application engineers, for example, Samsung's SDK Pass and Apple's iOS 8. BFSI is gaining prominence and is projected to witness significant growth in the upcoming years. It is conveying the innovation for controlled access to fulfil the need for included security in the segment. The innovation offers secure and dependable framework for limited zones without the requirement for conventional tokens or security cards. Additionally, it gives more noteworthy adaptability, keeping up large amounts of security important to the business.
Regional Outlook and Trend Analysis
In 2017 the market was dominated by North America with a share of more than 34 percent. Nonetheless, Asia Pacific is foreseen to encounter significant development in the following years. Technological expansions supplemented by expanding requirement for recognition and secure validation of people crosswise over particular end-use enterprises are the aspects anticipated that would incite the territorial development. Besides, declining costs of fingerprint access control systems and sensors has prompted a general increment in its worldwide demand. Besides, Middle East and Africa is anticipated to witness critical development, which can be ascribed to unsteadiness in locales, for example, Iraq, Libya, Iran and Syria that features the requirement for high level of country security, observation and acquiring military insight. Expanding usage of fingerprint access control devices for safeguard and military has prompted the expanding appropriation of the innovation in the locale.
Competitive Insights
The leading players in the market are Aware Inc, Suprema Inc, SecuGen Corportaion, Safran Group, Cross Match Technologies Inc, Merkatum Corporation, Cogent Systems, NEC Corporation of America, SecuGen Corportaion and Lockheed Martin Corporation. Producers are contributing gigantically to create enhanced fingerprint technologies attributable to the strengthened fulfillment among players in the business. For example, in 2017 Fingerprint Cards (FPC) put over USD million in Research and Development to create progressed biometric arrangements. Industry members are progressively concentrating on joint endeavors and vital associations with consumer electronics producers. Distributors, Suppliers, manufacturers are teaming up to improve and extend their item offerings, dissemination channel and picking up share of the market.
The global Fingerprint Access Control Market is segmented as follows :
By Technology
By Application
By Region
Some of the key questions answered by the report are:
Market Classification
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Flourishing Smartphone Market
3.2.1.2. Increasing Concerns Related to Security
3.2.1.3. Favorable Regulatory Policies
3.2.2. Restraints
3.2.2.1. Concerns Related to Data Privacy
3.2.2.2. High Cost of Technology
3.2.3. Opportunities
3.2.3.1. Technological Advancements in Fingerprint Access Control
4. Fingerprint Access Control Market, By Technology
4.1. Introduction
4.2. Fingerprint Access Control Market Assessment and Forecast, By Technology, 2017-2027
4.3. Optical Fingerprint Access Control
4.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.4. Ultrasonic Fingerprint Access Control
4.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.5. Pressure Fingerprint Access Control
4.5.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.6. Capacitive Fingerprint Access Control
4.6.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.7. Thermal Fingerprint Access Control
4.7.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5. Fingerprint Access Control Market, By Application
5.1. Introduction
5.2. The Fingerprint Access Control Market Assessment and Forecast, By Application, 2017-2027
5.3. Government
5.3.1.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.4. Commercial
5.4.1.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.5. Consumer Electronics
5.5.1.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.6. Banking & Finance
5.6.1.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.7. Military & Defense
5.7.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.8. Healthcare
5.8.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.9. Other Applications
5.9.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
6. Fingerprint Access Control Market, By Region
6.1. Introduction
6.2. Fingerprint Access Control Market Assessment and Forecast, By Region, 2017-2027 ($Million)
6.3. North America
6.3.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.3.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.3.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.3.4. U.S.
6.3.4.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.3.4.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.3.5. Canada
6.3.5.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.3.5.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.3.6. Mexico
6.3.6.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.3.6.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4. Europe
6.4.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.4.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.4. Germany
6.4.4.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.4.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.5. France
6.4.5.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.5.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.6. UK
6.4.6.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.7. Italy
6.4.7.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.7.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.8. Spain
6.4.8.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.8.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.9. Rest of Europe
6.4.9.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.9.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5. Asia-Pacific
6.5.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.5.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.4. Japan
6.5.4.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.4.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.5. China
6.5.5.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.6. Australia
6.5.6.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.7. India
6.5.7.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.8. South Korea
6.5.8.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.9. Rest of Asia-Pacific
6.5.9.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6. Rest of the World
6.6.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.6.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.4. Brazil
6.6.4.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.4.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.5. Turkey
6.6.5.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.6. Saudi Arabia
6.6.6.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.7. South Africa
6.6.7.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.8. United Arab Emirates
6.6.8.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.9. Others
6.6.9.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
7. Company Profiles
7.1. Anviz Global
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. 3M Cogent
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. Aware, Inc.
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.4. Daon Inc.
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5. Cross Match Technology
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. EnterTech Systems
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Key Financials
7.6.4. Strategic Developments
7.7. Diamond Fortress Technologies
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Key Financials
7.7.4. Strategic Developments
7.8. Hitachi-Omron Terminal Solutions
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Key Financials
7.8.4. Strategic Developments
7.9. Fingerprint Cards AB (FPC)
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Key Financials
7.9.4. Strategic Developments
7.10. IDtech 360
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Key Financials
7.10.4. Strategic Developments
7.11. Lumidigm (HID Biometrics)
7.11.1. Business Overview
7.11.2. Product Portfolio
7.11.3. Key Financials
7.11.4. Strategic Developments
7.12. Lockheed Martin Corporation
7.12.1. Business Overview
7.12.2. Product Portfolio
7.12.3. Key Financials
7.12.4. Strategic Developments
7.13. Merkatum Corporation
7.13.1. Business Overview
7.13.2. Product Portfolio
7.13.3. Key Financials
7.13.4. Strategic Developments
7.14. NEC Corporation of America
7.14.1. Business Overview
7.14.2. Product Portfolio
7.14.3. Key Financials
7.14.4. Strategic Developments
7.15. MorphoTrust USA
7.15.1. Business Overview
7.15.2. Product Portfolio
7.15.3. Key Financials
7.15.4. Strategic Developments
List of Tables
Table 1.Global Fingerprint Access Control Market, By Technology ($Million), 2017-2025
Table 2.Optical Fingerprint Access Control Market, By Region ($Million), 2017-2025
Table 3.Ultrasonic Fingerprint Access Control Market, By Region ($Million), 2017-2025
Table 4.Pressure Fingerprint Access Control Market, By Region ($Million), 2017-2025
Table 5.Capacitive Fingerprint Access Control Market, By Region ($Million), 2017-2025
Table 6.Thermal Fingerprint Access Control Market, By Region ($Million), 2017-2025
Table 7.Global Fingerprint Access Control Market, By Application ($Million), 2017-2025
Table 8.Government Market, By Region ($Million), 2017-2025
Table 9.Commercial Market, By Region ($Million), 2017-2025
Table 10.Consumer Electronics Market, By Region ($Million), 2017-2025
Table 11.Banking & Finance Market, By Region ($Million), 2017-2025
Table 12.Military & Defense Market, By Region ($Million), 2017-2025
Table 13.Healthcare Market, By Region ($Million), 2017-2025
Table 14.Other Applications Market, By Region ($Million), 2017-2025
Table 15.Fingerprint Access Control Market, By Region ($Million), 2017-2025
Table 16.North America Fingerprint Access Control Market, By Country, 2017-2025 ($Million)
Table 17.North America Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 18.North America Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 19.U.S. Fingerprint Access Control Market, by Technology, 2017-2025 ($Million)
Table 20.U.S. Fingerprint Access Control Market, by Application, 2017-2025 ($Million)
Table 21.Canada Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 22.Canada Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 23.Mexico Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 24.Mexico Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 25.Europe Fingerprint Access Control Market, By Country, 2017-2025 ($Million)
Table 26.Europe Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 27.Europe Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 28.Germany Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 29.Germany Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 30.France Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 31.France Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 32.UK Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 33.UK Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 34.Italy Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 35.Italy Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 36.Spain Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 37.Spain Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 38.Rest of Europe Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 39.Rest of Europe Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 40.Asia-Pacific Fingerprint Access Control Market, By Country, 2017-2025 ($Million)
Table 41.Asia-Pacific Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 42.Asia-Pacific Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 43.Japan Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 44.Japan Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 45.China Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 46.China Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 47.Australia Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 48.Australia Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 49.India Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 50.India Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 51.South Korea Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 52.South Korea Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 53.Rest of Asia-Pacific Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 54.Rest of Asia-Pacific Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 55.Rest of the World Fingerprint Access Control Market, By Country, 2017-2025 ($Million)
Table 56.Rest of the World Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 57.Rest of the World Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 58.Brazil Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 59.Brazil Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 60.Turkey Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 61.Turkey Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 62.Saudi Arabia Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 63.Saudi Arabia Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 64.South Africa Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 65.South Africa Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 66.United Arab Emirates Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 67.United Arab Emirates Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 68.Others Fingerprint Access Control Market, By Technology, 2017-2025 ($Million)
Table 71.Others Fingerprint Access Control Market, By Application, 2017-2025 ($Million)
Table 72.Anviz Global: Key Strategic Developments, 2017-2017
Table 73.3M Cogent: Key Strategic Developments, 2017-2017
Table 74.Aware, Inc.: Key Strategic Developments, 2017-2017
Table 75.Daon Inc.: Key Strategic Developments, 2017-2017
Table 76.Cross Match Technology: Key Strategic Developments, 2017-2017
Table 77.EnterTech Systems: Key Strategic Developments, 2017-2017
Table 78.Diamond Fortress Technologies: Key Strategic Developments, 2017-2017
Table 79.Hitachi-Omron Terminal Solutions: Key Strategic Developments, 2017-2017
Table 80.Fingerprint Cards AB (FPC): Key Strategic Developments, 2017-2017
Table 81.IDtech 360: Key Strategic Developments, 2017-2017
Table 82.Lumidigm (HID Biometrics): Key Strategic Developments, 2017-2017
Table 83.Lockheed Martin Corporation: Key Strategic Developments, 2017-2017
Table 84.Merkatum Corporation: Key Strategic Developments, 2017-2017
Table 85.NEC Corporation of America: Key Strategic Developments, 2017-2017
Table 86.MorphoTrust USA: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Global Fingerprint Access Control Market Share, By Technology, 2017 & 2025
Figure 2.Fingerprint Access Control Market, By Application, 2017, ($Million)
Figure 3.Fingerprint Access Control Market, By Region, 2017, ($Million)
Figure 4.Anviz Global: Net Revenues, 2017-2017 ($Million)
Figure 5.Anviz Global: Net Revenue Share, By Segment, 2017
Figure 6.Anviz Global: Net Revenue Share, By Geography, 2017
Figure 7.3M Cogent: Net Revenues, 2017-2017 ($Million)
Figure 8.3M Cogent: Net Revenue Share, By Segment, 2017
Figure 9.3M Cogent: Net Revenue Share, By Geography, 2017
Figure 10.Aware, Inc.: Net Revenues, 2017-2017 ($Million)
Figure 11.Aware, Inc.: Net Revenue Share, By Segment, 2017
Figure 12.Aware, Inc.: Net Revenue Share, By Geography, 2017
Figure 13.Daon Inc.: Net Revenues, 2017-2017 ($Million)
Figure 14.Daon Inc.: Net Revenue Share, By Segment, 2017
Figure 15.Daon Inc.: Net Revenue Share, By Geography, 2017
Figure 16.Cross Match Technology: Net Revenues, 2017-2017 ($Million)
Figure 17.Cross Match Technology: Net Revenue Share, By Segment, 2017
Figure 18.Cross Match Technology: Net Revenue Share, By Geography, 2017
Figure 19.EnterTech Systems: Net Revenues, 2017-2017 ($Million)
Figure 20.EnterTech Systems: Net Revenue Share, By Segment, 2017
Figure 21.EnterTech Systems: Net Revenue Share, By Geography, 2017
Figure 22.Diamond Fortress Technologies: Net Revenues, 2017-2017 ($Million)
Figure 23.Diamond Fortress Technologies: Net Revenue Share, By Segment, 2017
Figure 24.Diamond Fortress Technologies: Net Revenue Share, By Geography, 2017
Figure 25.Lockheed Martin Corporation: Net Revenues, 2017-2017 ($Million)
Figure 26.Lockheed Martin Corporation: Net Revenue Share, By Segment, 2017
Figure 27.Lockheed Martin Corporation: Net Revenue Share, By Geography, 2017
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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