Streaming Devices Market By Type (media Streamers, Game Consoles, Smart Tvs), Application (social Networking, Gaming, E-learning, Real-time Environment, Web Browsing) And End User (residential And Commercial) - Global Industry Analysis And Forecast To 2023
Published On : June 2022 Pages : 194 Category: Telecom & Wireless Report Code : IC061062
Industry Outlook and Trend Analysis
The Streaming Devices Market was worth USD 3.78 billion in 2017 and is expected to reach approximately USD 19.34 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 19.89% during the forecast period. Streaming media devices are particularly intended to play, stream and control video-sharing sites, for example, Hulu, You Tube and Netflix. This media gadget empowers the clients to interface the video show gadget to the web keeping in mind the end goal to effectively get to web based steaming substance. Streaming media tools permit the on-request or constant introduction and dispersal of sound, video and sight and sound substance over a correspondence channel, for the most part a devoted IP system or web oversaw by an office supplier. With the presentation of spilling media, there is no compelling reason to stack a record to play it, in light of the fact that the media is coordinated in a steady stream of projects; therefore, client can play the media as it arrives. Clients have the capacity to turn around, stop or forward the streamed document, as the client can guarantee with a downloaded record. Streaming media has had a vital influence in mixing web involvement for the two ventures and people.
Drivers & Restrains
The streaming devices media market is encountering development inferable from elements, for example, simple network with electronic gadgets, developing osmosis of advanced substance with streaming media gadgets and developing reception of cloud administrations. The consolidation of the streaming media gadgets with computerized video content, offers adaptability to watch or listen the video/sound records whenever. Appropriation of cloud administrations to enhance versatility and convenience of the media gadgets is developing quickly. The developing customer inclination toward get to based strategy, which enables endorsers of access video libraries or advanced substance put away in the cloud has supported streaming gadget makers to spend in distributed computing administrations for higher outcome. In addition, expanding interest in webcasting to hold organization consumption is likewise a central point inducing the streaming media device market to develop.
Regional Outlook and Trend Analysis
North America is expected to show highest development over the forecast period. Besides, Asia Pacific is foreseen to be among the significant adopters of the streaming media device amid the conjecture time frame. The streaming devices market in the Asia Pacific locale is in its promising stage, and the rising slant of clients toward cutting edge innovative items is required to enhance the development in the district. Other than this, the developing reception of video-on-request administrations and developing awareness about streaming gadgets is additionally foreseen to help the interest for streaming media device in Asia Pacific area.
Competitive Insights
The leading players in the market are Google, Inc., Microsoft, Sony Corporation, Roku, Inc., Samsung Electronics Co., Ltd., ASUSTeK Computer Inc., LG Electronics, Inc. and others. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Streaming Devices Market is segmented as follows-
By Type:
- Game Consoles
- Media Streamers
- Smart TV’s
By Application:
- Gaming
- Real-time Environment
- Social Networking
- E-Learning
- Web Browsing
By End User:
- Commercial
- Residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Streaming Devices Market, By Type, Estimates and Forecast, 2014-2023($Billion)
o Media Streamers
o Game Consoles
o Smart TV’s
· Streaming Devices Market, By Application, Estimates and Forecast, 2014-2023($Billion)
o Social Networking
o Gaming
o E-Learning
o Real-time Environment
o Web Browsing
· Streaming Devices Market, By End User, Estimates and Forecast, 2014-2023($Billion)
o Residential
o Commercial
· Streaming Devices Market, By Region, Estimates and Forecast, 2014-2023($Billion)
o North America
§ North America Streaming Devices Market, By Country
o U.S. Streaming Devices Market
o Canada Streaming Devices Market
o Mexico Streaming Devices Market
o Europe
§ Europe Streaming Devices Market, By Country
o Germany Streaming Devices Market
o UK Streaming Devices Market
o France Streaming Devices Market
o Russia Streaming Devices Market
o Italy Streaming Devices Market
o Rest of Europe Streaming Devices Market
o Asia-Pacific
§ Asia-Pacific Streaming Devices Market, By Country
o China Streaming Devices Market
o Japan Streaming Devices Market
o South Korea Streaming Devices Market
o India Streaming Devices Market
o Southeast Asia Streaming Devices Market
o Rest of Asia-Pacific Streaming Devices Market
o South America
§ South America Streaming Devices Market
o Brazil Streaming Devices Market
o Argentina Streaming Devices Market
o Columbia Streaming Devices Market
o South Africa Streaming Devices Market
o Rest of South America Streaming Devices Market
o Middle East and Africa
§ Middle East and Africa Streaming Devices Market
o Saudi Arabia Streaming Devices Market
o UAE Streaming Devices Market
o Egypt Streaming Devices Market
o Nigeria Streaming Devices Market
o South Africa Streaming Devices Market
o Rest of MEA Streaming Devices Market
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
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Streaming Devices Market, By Type
5.1. Introduction
5.2. Global Streaming Devices Sales, Revenue and Market Share by Type (2017-2027)
5.2.1. Global Streaming Devices Sales and Sales Share by Type (2017-2027)
5.2.2. Global Streaming Devices Revenue and Revenue Share by Type (2017-2027)
5.3. Media Streamers
5.3.1. Global Media Streamers Sales and Growth Rate (2017-2027)
5.4. Game Consoles
5.4.1. Global Game Consoles Sales and Growth Rate (2017-2027)
5.5. Smart TV’s
5.5.1. Global Smart TV’s Sales and Growth Rate (2017-2027)
6. Streaming Devices Market, By Application
6.1. Introduction
6.2. Global Streaming Devices Sales, Revenue and Market Share by Application (2017-2027)
6.2.1. Global Streaming Devices Sales and Sales Share by Application (2017-2027)
6.2.2. Global Streaming Devices Revenue and Revenue Share by Application (2017-2027)
6.3. Social Networking
6.3.1. Global Social Networking Sales and Growth Rate (2017-2027)
6.4. Gaming
6.4.1. Global Gaming Sales and Growth Rate (2017-2027)
6.5. E-Learning
6.5.1. Global E-Learning Sales and Growth Rate (2017-2027)
6.6. Real-time Environment
6.6.1. Global Real-time Environment Sales and Growth Rate (2017-2027)
6.7. Web Browsing
6.7.1. Global Web Browsing Sales and Growth Rate (2017-2027)
7. Streaming Devices Market, By End User
7.1. Introduction
7.2. Global Streaming Devices Sales, Revenue and Market Share by End User (2017-2027)
7.2.1. Global Streaming Devices Sales and Sales Share by End User (2017-2027)
7.2.2. Global Streaming Devices Revenue and Revenue Share by End User (2017-2027)
7.3. Residential
7.3.1. Global Residential Sales and Growth Rate (2017-2027)
7.4. Commercial
7.4.1. Global Commercial Sales and Growth Rate (2017-2027)
8. Streaming Devices Market, By Region
8.1. Introduction
8.2. Global Streaming Devices Sales, Revenue and Market Share by Regions
8.2.1. Global Streaming Devices Sales by Regions (2017-2027)
8.2.2. Global Streaming Devices Revenue by Regions (2017-2027)
8.3. North America Streaming Devices by Countries
8.3.1. North America Streaming Devices Sales and Growth Rate (2017-2027)
8.3.2. North America Streaming Devices Revenue and Growth Rate (2017-2027)
8.3.3. North America Streaming Devices Sales by Countries (2017-2027)
8.3.4. North America Streaming Devices Revenue (Million USD) by Countries (2017-2027)
8.3.5. U.S.
8.3.5.1. United States Streaming Devices Sales and Growth Rate (2017-2027)
8.3.5.2. United States Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.6. Canada
8.3.6.1. Canada Streaming Devices Sales and Growth Rate (2017-2027)
8.3.6.2. Canada Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.7. Mexico
8.3.7.1. Mexico Streaming Devices Sales and Growth Rate (2017-2027)
8.3.7.2. Mexico Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe Streaming Devices by Countries
8.4.1. Europe Streaming Devices Sales and Growth Rate (2017-2027)
8.4.2. Europe Streaming Devices Revenue and Growth Rate (2017-2027)
8.4.3. Europe Streaming Devices Sales by Countries (2017-2027)
8.4.4. Europe Streaming Devices Revenue (Million USD) by Countries (2017-2027)
8.4.5. Germany
8.4.5.1. Germany Streaming Devices Sales and Growth Rate (2017-2027)
8.4.5.2. Germany Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. UK
8.4.6.1. UK Streaming Devices Sales and Growth Rate (2017-2027)
8.4.6.2. UK Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. France
8.4.7.1. France Streaming Devices Sales and Growth Rate (2017-2027)
8.4.7.2. France Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Russia
8.4.8.1. Russia Streaming Devices Sales and Growth Rate (2017-2027)
8.4.8.2. Russia Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.9. Italy
8.4.9.1. Italy Streaming Devices Sales and Growth Rate (2017-2027)
8.4.9.2. Italy Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.10. Rest of Europe
8.4.10.1. Rest of Europe Streaming Devices Sales and Growth Rate (2017-2027)
8.4.10.2. Rest of Europe Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific Streaming Devices Sales and Growth Rate (2017-2027)
8.5.2. Asia-Pacific Streaming Devices Revenue and Growth Rate (2017-2027)
8.5.3. Asia-Pacific Streaming Devices Sales by Countries (2017-2027)
8.5.4. Asia-Pacific Streaming Devices Revenue (Million USD) by Countries (2017-2027)
8.5.5. China
8.5.5.1. China Streaming Devices Sales and Growth Rate (2017-2027)
8.5.5.2. China Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. Japan
8.5.6.1. Japan Streaming Devices Sales and Growth Rate (2017-2027)
8.5.6.2. Japan Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6.3.
8.5.7. Korea
8.5.7.1. Korea Streaming Devices Sales and Growth Rate (2017-2027)
8.5.7.2. Korea Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. India
8.5.8.1. India Streaming Devices Sales and Growth Rate (2017-2027)
8.5.8.2. India Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.9. Southeast Asia
8.5.9.1. Southeast Asia Streaming Devices Sales and Growth Rate (2017-2027)
8.5.9.2. Southeast Asia Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.10. Rest of Asia-Pacific
8.5.10.1. Rest of Asia-Pacific Streaming Devices Sales and Growth Rate (2017-2027)
8.5.10.2. Rest of Asia-Pacific Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America Streaming Devices Sales and Growth Rate (2017-2027)
8.6.2. South America Streaming Devices Revenue and Growth Rate (2017-2027)
8.6.3. South America Streaming Devices Sales by Countries (2017-2027)
8.6.4. South America Streaming Devices Revenue (Million USD) by Countries (2017-2027)
8.6.5. Brazil
8.6.5.1. Brazil Streaming Devices Sales and Growth Rate (2017-2027)
8.6.5.2. Brazil Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Argentina
8.6.6.1. Argentina Streaming Devices Sales and Growth Rate (2017-2027)
8.6.6.2. Argentina Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.7. Columbia
8.6.7.1. Columbia Streaming Devices Sales and Growth Rate (2017-2027)
8.6.7.2. Columbia Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.8. Rest of South America
8.6.8.1. Rest of South America Streaming Devices Sales and Growth Rate (2017-2027)
8.6.8.2. Rest of South America Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa Streaming Devices Sales and Growth Rate (2017-2027)
8.7.2. Middle East and Africa Streaming Devices Revenue and Growth Rate (2017-2027)
8.7.3. Middle East and Africa Streaming Devices Sales by Countries (2017-2027)
8.7.4. Middle East and Africa Streaming Devices Revenue (Million USD) by Countries (2017-2027)
8.7.5. Saudi Arabia
8.7.5.1. Saudi Arabia Streaming Devices Sales and Growth Rate (2017-2027)
8.7.5.2. Saudi Arabia Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. United Arab Emirates
8.7.6.1. United Arab Emirates Streaming Devices Sales and Growth Rate (2017-2027)
8.7.6.2. United Arab Emirates Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. Egypt
8.7.7.1. Egypt Streaming Devices Sales and Growth Rate (2017-2027)
8.7.7.2. Egypt Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Nigeria
8.7.8.1. Nigeria Streaming Devices Sales and Growth Rate (2017-2027)
8.7.8.2. Nigeria Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.9. South Africa
8.7.9.1. South Africa Streaming Devices Sales and Growth Rate (2017-2027)
8.7.9.2. South Africa Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.10. Rest of Middle East and Africa
8.7.10.1. Rest of Middle East and Africa Streaming Devices Sales and Growth Rate (2017-2027)
8.7.10.2. Rest of Middle East and Africa Streaming Devices Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. ASUSTeK Computer Inc.
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Sales, Revenue and Market Share
9.2. Sony Corporation
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Sales, Revenue and Market Share
9.3. Microsoft Corporation
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Sales, Revenue and Market Share
9.4. Google Inc.
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Sales, Revenue and Market Share
9.5. Roku, Inc.
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Sales, Revenue and Market Share
9.6. LG Electronics, Inc.
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Strategic Developments
9.6.4. Sales, Revenue and Market Share
9.7. Philips Electronics
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Strategic Developments
9.7.4. Sales, Revenue and Market Share
9.8. Apple, Inc.
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Strategic Developments
9.8.4. Sales, Revenue and Market Share
9.9. Panasonic Corporation
9.9.1. Business Overview
9.9.2. Product Portfolio
9.9.3. Strategic Developments
9.9.4. Sales, Revenue and Market Share
9.10. Nvidia Corporation
9.10.1. Business Overview
9.10.2. Product Portfolio
9.10.3. Strategic Developments
9.10.4. Sales, Revenue and Market Share
9.11. Ignite Technologies, Inc.
9.11.1. Business Overview
9.11.2. Product Portfolio
9.11.3. Strategic Developments
9.11.4. Sales, Revenue and Market Share
10. Global Streaming Devices Market Competition, by Manufacturer
10.1. Global Streaming Devices Sales and Market Share by Manufacturer (2017-2017)
10.2. Global Streaming Devices Revenue and Market Share by Manufacturer (2017-2017)
10.3. Global Streaming Devices Price by Region (2017-2017)
10.4. Top 5 Streaming Devices Manufacturer Market Share
10.5. Market Competition Trend
11. Streaming Devices Market Forecast (2027-2023)
11.1. Global Streaming Devices Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. Streaming Devices Market Forecast by Regions (2027-2023)
11.2.1. North America Streaming Devices Market Forecast (2027-2023)
11.2.1.1. United States Streaming Devices Market Forecast (2027-2023)
11.2.1.2. Canada Streaming Devices Market Forecast (2027-2023)
11.2.1.3. Mexico Streaming Devices Market Forecast (2027-2023)
11.2.2. Europe Streaming Devices Market Forecast (2027-2023)
11.2.2.1. Germany Streaming Devices Market Forecast (2027-2023)
11.2.2.2. United Kingdom Streaming Devices Market Forecast (2027-2023)
11.2.2.3. France Streaming Devices Market Forecast (2027-2023)
11.2.2.4. Russia Streaming Devices Market Forecast (2027-2023)
11.2.2.5. Italy Streaming Devices Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe Streaming Devices Market Forecast (2027-2023)
11.2.3. Asia-Pacific Streaming Devices Market Forecast (2027-2023)
11.2.3.1. China Streaming Devices Market Forecast (2027-2023)
11.2.3.2. Japan Streaming Devices Market Forecast (2027-2023)
11.2.3.3. Korea Streaming Devices Market Forecast (2027-2023)
11.2.3.4. India Streaming Devices Market Forecast (2027-2023)
11.2.3.5. Southeast Asia Streaming Devices Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific Streaming Devices Market Forecast (2027-2023)
11.2.4. South America Streaming Devices Market Forecast (2027-2023)
11.2.4.1. Brazil Streaming Devices Market Forecast (2027-2023)
11.2.4.2. Argentina Streaming Devices Market Forecast (2027-2023)
11.2.4.3. Columbia Streaming Devices Market Forecast (2027-2023)
11.2.4.4. Rest of South America Streaming Devices Market Forecast (2027-2023)
11.2.5. Middle East and Africa Streaming Devices Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia Streaming Devices Market Forecast (2027-2023)
11.2.5.2. UAE Streaming Devices Market Forecast (2027-2023)
11.2.5.3. Egypt Streaming Devices Market Forecast (2027-2023)
11.2.5.4. Nigeria Streaming Devices Market Forecast (2027-2023)
11.2.5.5. South Africa Streaming Devices Market Forecast (2027-2023)
11.2.5.6. Rest of MEA Streaming Devices Market Forecast (2027-2023)
11.3. Streaming Devices Market Forecast by Type (2027-2023)
11.3.1. Global Streaming Devices Sales Forecast by Type (2027-2023)
11.3.2. Global Streaming Devices Sales Market Share Forecast by Type (2027-2023)
11.4. Streaming Devices Market Forecast by Application (2027-2023)
11.4.1. Global Streaming Devices Sales Forecast by Application (2027-2023)
11.4.2. Global Streaming Devices Sales Market Share Forecast by Application (2027-2023)
11.5. Streaming Devices Market Forecast by End User (2027-2023)
11.5.1. Global Streaming Devices Sales Forecast by End User (2027-2023)
11.5.2. Global Streaming Devices Sales Market Share Forecast by End User (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Streaming Devices Market.
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
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Data Collection Matrix |
Supply Side |
Demand Side |
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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.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
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
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Qualitative Data |
Quantitative Data (2017-2025) |
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