Global Business Travel Insurance Market 2019 by Company, Regions, Type and Application, Forecast to 2024

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Description

Scope of the Report:

The global Business Travel Insurance market is valued at 3864.4 million USD in 2018 and is expected to reach 5313.8 million USD by the end of 2024, growing at a CAGR of 8.3% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Business Travel Insurance.

Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Business Travel Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Business Travel Insurance market by product type and applications/end industries.

Market Segment by Companies, this report covers

Allianz

Sompo Japan

Genarali

AIG

Tokio Marine

Zurich

MetLife

PICC

AXA Group

Chubb

Mapfre Asistencia

Hanse Merkur

Pin An

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Single Trip Coverage

Annual Multi Trip Coverage

Other

The segment of single trip coverage holds a comparatively larger share in global market, which accounts for about 69.7%.

Market Segment by Applications, can be divided into

Insurance Intermediaries

Insurance Company

Bank

Insurance Broker

Other

The insurance intermediaries hold an important share in terms of applications, and accounts for 50% of the market share.

Table of Contents

1 Business Travel Insurance Market Overview

1.1 Product Overview and Scope of Business Travel Insurance

1.2 Classification of Business Travel Insurance by Types

1.2.1 Global Business Travel Insurance Revenue Comparison by Types (2019-2024)

1.2.2 Global Business Travel Insurance Revenue Market Share by Types in 2018

1.2.3 Single Trip Coverage

1.2.4 Annual Multi Trip Coverage

1.2.5 Other

1.3 Global Business Travel Insurance Market by Application

1.3.1 Global Business Travel Insurance Market Size and Market Share Comparison by Applications (2014-2024)

1.3.2 Insurance Intermediaries

1.3.3 Insurance Company

1.3.4 Bank

1.3.5 Insurance Broker

1.3.6 Other

1.4 Global Business Travel Insurance Market by Regions

1.4.1 Global Business Travel Insurance Market Size (Million USD) Comparison by Regions (2014-2024)

1.4.1 North America (USA, Canada and Mexico) Business Travel Insurance Status and Prospect (2014-2024)

1.4.2 Europe (Germany, France, UK, Russia and Italy) Business Travel Insurance Status and Prospect (2014-2024)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Business Travel Insurance Status and Prospect (2014-2024)

1.4.4 South America (Brazil, Argentina, Colombia) Business Travel Insurance Status and Prospect (2014-2024)

1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Business Travel Insurance Status and Prospect (2014-2024)

1.5 Global Market Size of Business Travel Insurance (2014-2024)

2 Company Profiles

2.1 Allianz

2.1.1 Business Overview

2.1.2 Business Travel Insurance Type and Applications

2.1.2.1 Product A

2.1.2.2 Product B

2.1.3 Allianz Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.2 Sompo Japan

2.2.1 Business Overview

2.2.2 Business Travel Insurance Type and Applications

2.2.2.1 Product A

2.2.2.2 Product B

2.2.3 Sompo Japan Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.3 Genarali

2.3.1 Business Overview

2.3.2 Business Travel Insurance Type and Applications

2.3.2.1 Product A

2.3.2.2 Product B

2.3.3 Genarali Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.4 AIG

2.4.1 Business Overview

2.4.2 Business Travel Insurance Type and Applications

2.4.2.1 Product A

2.4.2.2 Product B

2.4.3 AIG Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.5 Tokio Marine

2.5.1 Business Overview

2.5.2 Business Travel Insurance Type and Applications

2.5.2.1 Product A

2.5.2.2 Product B

2.5.3 Tokio Marine Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.6 Zurich

2.6.1 Business Overview

2.6.2 Business Travel Insurance Type and Applications

2.6.2.1 Product A

2.6.2.2 Product B

2.6.3 Zurich Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.7 MetLife

2.7.1 Business Overview

2.7.2 Business Travel Insurance Type and Applications

2.7.2.1 Product A

2.7.2.2 Product B

2.7.3 MetLife Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.8 PICC

2.8.1 Business Overview

2.8.2 Business Travel Insurance Type and Applications

2.8.2.1 Product A

2.8.2.2 Product B

2.8.3 PICC Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.9 AXA Group

2.9.1 Business Overview

2.9.2 Business Travel Insurance Type and Applications

2.9.2.1 Product A

2.9.2.2 Product B

2.9.3 AXA Group Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.10 Chubb

2.10.1 Business Overview

2.10.2 Business Travel Insurance Type and Applications

2.10.2.1 Product A

2.10.2.2 Product B

2.10.3 Chubb Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.11 Mapfre Asistencia

2.11.1 Business Overview

2.11.2 Business Travel Insurance Type and Applications

2.11.2.1 Product A

2.11.2.2 Product B

2.11.3 Mapfre Asistencia Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.12 Hanse Merkur

2.12.1 Business Overview

2.12.2 Business Travel Insurance Type and Applications

2.12.2.1 Product A

2.12.2.2 Product B

2.12.3 Hanse Merkur Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

2.13 Pin An

2.13.1 Business Overview

2.13.2 Business Travel Insurance Type and Applications

2.13.2.1 Product A

2.13.2.2 Product B

2.13.3 Pin An Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

3 Global Business Travel Insurance Market Competition, by Players

3.1 Global Business Travel Insurance Revenue and Share by Players (2014-2019)

3.2 Market Concentration Rate

3.2.1 Top 5 Business Travel Insurance Players Market Share

3.2.2 Top 10 Business Travel Insurance Players Market Share

3.3 Market Competition Trend

4 Global Business Travel Insurance Market Size by Regions

4.1 Global Business Travel Insurance Revenue and Market Share by Regions

4.2 North America Business Travel Insurance Revenue and Growth Rate (2014-2019)

4.3 Europe Business Travel Insurance Revenue and Growth Rate (2014-2019)

4.4 Asia-Pacific Business Travel Insurance Revenue and Growth Rate (2014-2019)

4.5 South America Business Travel Insurance Revenue and Growth Rate (2014-2019)

4.6 Middle East and Africa Business Travel Insurance Revenue and Growth Rate (2014-2019)

5 North America Business Travel Insurance Revenue by Countries

5.1 North America Business Travel Insurance Revenue by Countries (2014-2019)

5.2 USA Business Travel Insurance Revenue and Growth Rate (2014-2019)

5.3 Canada Business Travel Insurance Revenue and Growth Rate (2014-2019)

5.4 Mexico Business Travel Insurance Revenue and Growth Rate (2014-2019)

6 Europe Business Travel Insurance Revenue by Countries

6.1 Europe Business Travel Insurance Revenue by Countries (2014-2019)

6.2 Germany Business Travel Insurance Revenue and Growth Rate (2014-2019)

6.3 UK Business Travel Insurance Revenue and Growth Rate (2014-2019)

6.4 France Business Travel Insurance Revenue and Growth Rate (2014-2019)

6.5 Russia Business Travel Insurance Revenue and Growth Rate (2014-2019)

6.6 Italy Business Travel Insurance Revenue and Growth Rate (2014-2019)

7 Asia-Pacific Business Travel Insurance Revenue by Countries

7.1 Asia-Pacific Business Travel Insurance Revenue by Countries (2014-2019)

7.2 China Business Travel Insurance Revenue and Growth Rate (2014-2019)

7.3 Japan Business Travel Insurance Revenue and Growth Rate (2014-2019)

7.4 Korea Business Travel Insurance Revenue and Growth Rate (2014-2019)

7.5 India Business Travel Insurance Revenue and Growth Rate (2014-2019)

7.6 Southeast Asia Business Travel Insurance Revenue and Growth Rate (2014-2019)

8 South America Business Travel Insurance Revenue by Countries

8.1 South America Business Travel Insurance Revenue by Countries (2014-2019)

8.2 Brazil Business Travel Insurance Revenue and Growth Rate (2014-2019)

8.3 Argentina Business Travel Insurance Revenue and Growth Rate (2014-2019)

8.4 Colombia Business Travel Insurance Revenue and Growth Rate (2014-2019)

9 Middle East and Africa Revenue Business Travel Insurance by Countries

9.1 Middle East and Africa Business Travel Insurance Revenue by Countries (2014-2019)

9.2 Saudi Arabia Business Travel Insurance Revenue and Growth Rate (2014-2019)

9.3 UAE Business Travel Insurance Revenue and Growth Rate (2014-2019)

9.4 Egypt Business Travel Insurance Revenue and Growth Rate (2014-2019)

9.5 Nigeria Business Travel Insurance Revenue and Growth Rate (2014-2019)

9.6 South Africa Business Travel Insurance Revenue and Growth Rate (2014-2019)

10 Global Business Travel Insurance Market Segment by Type

10.1 Global Business Travel Insurance Revenue and Market Share by Type (2014-2019)

10.2 Global Business Travel Insurance Market Forecast by Type (2019-2024)

10.3 Single Trip Coverage Revenue Growth Rate (2014-2024)

10.4 Annual Multi Trip Coverage Revenue Growth Rate (2014-2024)

10.5 Other Revenue Growth Rate (2014-2024)

11 Global Business Travel Insurance Market Segment by Application

11.1 Global Business Travel Insurance Revenue Market Share by Application (2014-2019)

11.2 Business Travel Insurance Market Forecast by Application (2019-2024)

11.3 Insurance Intermediaries Revenue Growth (2014-2019)

11.4 Insurance Company Revenue Growth (2014-2019)

11.5 Bank Revenue Growth (2014-2019)

11.6 Insurance Broker Revenue Growth (2014-2019)

11.7 Other Revenue Growth (2014-2019)

12 Global Business Travel Insurance Market Size Forecast (2019-2024)

12.1 Global Business Travel Insurance Market Size Forecast (2019-2024)

12.2 Global Business Travel Insurance Market Forecast by Regions (2019-2024)

12.3 North America Business Travel Insurance Revenue Market Forecast (2019-2024)

12.4 Europe Business Travel Insurance Revenue Market Forecast (2019-2024)

12.5 Asia-Pacific Business Travel Insurance Revenue Market Forecast (2019-2024)

12.6 South America Business Travel Insurance Revenue Market Forecast (2019-2024)

12.7 Middle East and Africa Business Travel Insurance Revenue Market Forecast (2019-2024)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source


List of Tables and Figures

Figure Business Travel Insurance Picture

Table Product Specifications of Business Travel Insurance

Table Global Business Travel Insurance and Revenue (Million USD) Market Split by Product Type

Figure Global Business Travel Insurance Revenue Market Share by Types in 2018

Figure Single Trip Coverage Picture

Figure Annual Multi Trip Coverage Picture

Figure Other Picture

Table Global Business Travel Insurance Revenue (Million USD) by Application (2014-2024)

Figure Business Travel Insurance Revenue Market Share by Applications in 2018

Figure Insurance Intermediaries Picture

Figure Insurance Company Picture

Figure Bank Picture

Figure Insurance Broker Picture

Figure Other Picture

Table Global Market Business Travel Insurance Revenue (Million USD) Comparison by Regions 2014-2024

Figure North America Business Travel Insurance Revenue (Million USD) and Growth Rate (2014-2024)

Figure Europe Business Travel Insurance Revenue (Million USD) and Growth Rate (2014-2024)

Figure Asia-Pacific Business Travel Insurance Revenue (Million USD) and Growth Rate (2014-2024)

Figure South America Business Travel Insurance Revenue (Million USD) and Growth Rate (2014-2024)

Figure Middle East and Africa Business Travel Insurance Revenue (Million USD) and Growth Rate (2014-2024)

Figure Global Business Travel Insurance Revenue (Million USD) and Growth Rate (2014-2024)

Table Allianz Basic Information, Manufacturing Base and Competitors

Table Allianz Business Travel Insurance Type and Applications

Table Allianz Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Sompo Japan Basic Information, Manufacturing Base and Competitors

Table Sompo Japan Business Travel Insurance Type and Applications

Table Sompo Japan Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Genarali Basic Information, Manufacturing Base and Competitors

Table Genarali Business Travel Insurance Type and Applications

Table Genarali Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table AIG Basic Information, Manufacturing Base and Competitors

Table AIG Business Travel Insurance Type and Applications

Table AIG Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Tokio Marine Basic Information, Manufacturing Base and Competitors

Table Tokio Marine Business Travel Insurance Type and Applications

Table Tokio Marine Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Zurich Basic Information, Manufacturing Base and Competitors

Table Zurich Business Travel Insurance Type and Applications

Table Zurich Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table MetLife Basic Information, Manufacturing Base and Competitors

Table MetLife Business Travel Insurance Type and Applications

Table MetLife Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table PICC Basic Information, Manufacturing Base and Competitors

Table PICC Business Travel Insurance Type and Applications

Table PICC Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table AXA Group Basic Information, Manufacturing Base and Competitors

Table AXA Group Business Travel Insurance Type and Applications

Table AXA Group Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Chubb Basic Information, Manufacturing Base and Competitors

Table Chubb Business Travel Insurance Type and Applications

Table Chubb Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Mapfre Asistencia Basic Information, Manufacturing Base and Competitors

Table Mapfre Asistencia Business Travel Insurance Type and Applications

Table Mapfre Asistencia Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Hanse Merkur Basic Information, Manufacturing Base and Competitors

Table Hanse Merkur Business Travel Insurance Type and Applications

Table Hanse Merkur Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Pin An Basic Information, Manufacturing Base and Competitors

Table Pin An Business Travel Insurance Type and Applications

Table Pin An Business Travel Insurance Revenue, Gross Margin and Market Share (2017-2018)

Table Global Business Travel Insurance Revenue (Million USD) by Players (2014-2019)

Table Global Business Travel Insurance Revenue Share by Players (2014-2019)

Figure Global Business Travel Insurance Revenue Share by Players in 2017

Figure Global Business Travel Insurance Revenue Share by Players in 2018

Figure Global Top 5 Players Business Travel Insurance Revenue Market Share in 2018

Figure Global Top 10 Players Business Travel Insurance Revenue Market Share in 2018

Figure Global Business Travel Insurance Revenue (Million USD) and Growth Rate (%) (2014-2019)

Table Global Business Travel Insurance Revenue (Million USD) by Regions (2014-2019)

Table Global Business Travel Insurance Revenue Market Share by Regions (2014-2019)

Figure Global Business Travel Insurance Revenue Market Share by Regions (2014-2019)

Figure Global Business Travel Insurance Revenue Market Share by Regions in 2018

Figure North America Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Europe Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Asia-Pacific Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure South America Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Middle East and Africa Business Travel Insurance Revenue and Growth Rate (2014-2019)

Table North America Business Travel Insurance Revenue by Countries (2014-2019)

Table North America Business Travel Insurance Revenue Market Share by Countries (2014-2019)

Figure North America Business Travel Insurance Revenue Market Share by Countries (2014-2019)

Figure North America Business Travel Insurance Revenue Market Share by Countries in 2018

Figure USA Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Canada Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Mexico Business Travel Insurance Revenue and Growth Rate (2014-2019)

Table Europe Business Travel Insurance Revenue (Million USD) by Countries (2014-2019)

Figure Europe Business Travel Insurance Revenue Market Share by Countries (2014-2019)

Figure Europe Business Travel Insurance Revenue Market Share by Countries in 2018

Figure Germany Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure UK Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure France Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Russia Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Italy Business Travel Insurance Revenue and Growth Rate (2014-2019)

Table Asia-Pacific Business Travel Insurance Revenue (Million USD) by Countries (2014-2019)

Figure Asia-Pacific Business Travel Insurance Revenue Market Share by Countries (2014-2019)

Figure Asia-Pacific Business Travel Insurance Revenue Market Share by Countries in 2018

Figure China Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Japan Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Korea Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure India Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Southeast Asia Business Travel Insurance Revenue and Growth Rate (2014-2019)

Table South America Business Travel Insurance Revenue by Countries (2014-2019)

Table South America Business Travel Insurance Revenue Market Share by Countries (2014-2019)

Figure South America Business Travel Insurance Revenue Market Share by Countries (2014-2019)

Figure South America Business Travel Insurance Revenue Market Share by Countries in 2018

Figure Brazil Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Argentina Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Colombia Business Travel Insurance Revenue and Growth Rate (2014-2019)

Table Middle East and Africa Business Travel Insurance Revenue (Million USD) by Countries (2014-2019)

Table Middle East and Africa Business Travel Insurance Revenue Market Share by Countries (2014-2019)

Figure Middle East and Africa Business Travel Insurance Revenue Market Share by Countries (2014-2019)

Figure Middle East and Africa Business Travel Insurance Revenue Market Share by Countries in 2018

Figure Saudi Arabia Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure UAE Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Egypt Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure Nigeria Business Travel Insurance Revenue and Growth Rate (2014-2019)

Figure South Africa Business Travel Insurance Revenue and Growth Rate (2014-2019)

Table Global Business Travel Insurance Revenue (Million USD) by Type (2014-2019)

Table Global Business Travel Insurance Revenue Share by Type (2014-2019)

Figure Global Business Travel Insurance Revenue Share by Type (2014-2019)

Figure Global Business Travel Insurance Revenue Share by Type in 2018

Table Global Business Travel Insurance Revenue Forecast by Type (2019-2024)

Figure Global Business Travel Insurance Market Share Forecast by Type (2019-2024)

Figure Global Single Trip Coverage Revenue Growth Rate (2014-2019)

Figure Global Annual Multi Trip Coverage Revenue Growth Rate (2014-2019)

Figure Global Other Revenue Growth Rate (2014-2019)

Table Global Business Travel Insurance Revenue by Application (2014-2019)

Table Global Business Travel Insurance Revenue Share by Application (2014-2019)

Figure Global Business Travel Insurance Revenue Share by Application (2014-2019)

Figure Global Business Travel Insurance Revenue Share by Application in 2018

Table Global Business Travel Insurance Revenue Forecast by Application (2019-2024)

Figure Global Business Travel Insurance Market Share Forecast by Application (2019-2024)

Figure Global Insurance Intermediaries Revenue Growth Rate (2014-2019)

Figure Global Insurance Company Revenue Growth Rate (2014-2019)

Figure Global Bank Revenue Growth Rate (2014-2019)

Figure Global Insurance Broker Revenue Growth Rate (2014-2019)

Figure Global Other Revenue Growth Rate (2014-2019)

Figure Global Business Travel Insurance Revenue (Million USD) and Growth Rate Forecast (2019-2024)

Table Global Business Travel Insurance Revenue (Million USD) Forecast by Regions (2019-2024)

Figure Global Business Travel Insurance Revenue Market Share Forecast by Regions (2019-2024)

Figure North America Business Travel Insurance Revenue Market Forecast (2019-2024)

Figure Europe Business Travel Insurance Revenue Market Forecast (2019-2024)

Figure Asia-Pacific Business Travel Insurance Revenue Market Forecast (2019-2024)

Figure South America Business Travel Insurance Revenue Market Forecast (2019-2024)

Figure Middle East and Africa Business Travel Insurance Revenue Market Forecast (2019-2024)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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