Global Connected Homes Market 2020 by Company, Regions, Type and Application, Forecast to 2025

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Market Overview

The global Connected Homes market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.6% in the forecast period of 2020 to 2025 and will expected to reach USD 97260 million by 2025, from USD 81380 million in 2019.

The Connected Homes market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation

Connected Homes market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, Connected Homes market has been segmented into:

Security & Access

Lightening & Window

Audio-Visual & Entertainment

Energy Management & Climate

Integrated Solutions

By Application, Connected Homes has been segmented into:

Home Automation

Lightening

Consumer Appliances

Thermostat

Others

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the global Connected Homes market presented in the report. This section sheds light on the sales growth of different regional and country-level Connected Homes markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Connected Homes market.

The report offers in-depth assessment of the growth and other aspects of the Connected Homes market in important countries (regions), including:

North America (United States, Canada and Mexico)

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

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

South America (Brazil, Argentina, Colombia)

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

Competitive Landscape and Connected Homes Market Share Analysis

Connected Homes competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Connected Homes sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the Connected Homes sales, revenue and market share for each player covered in this report.

The major players covered in Connected Homes are:

Honeywell

LG

ABB

Siemens

Samsung

Schneider

Crestron Electronics

Emerson

Johnson Controls

United Technologies

Table of Contents

1 Connected Homes Market Overview

1.1 Product Overview and Scope of Connected Homes

1.2 Classification of Connected Homes by Type

1.2.1 Global Connected Homes Revenue by Type: 2015 VS 2019 VS 2025

1.2.2 Global Connected Homes Revenue Market Share by Type in 2019

1.2.3 Security & Access

1.2.4 Lightening & Window

1.2.5 Audio-Visual & Entertainment

1.2.6 Energy Management & Climate

1.2.7 Integrated Solutions

1.3 Global Connected Homes Market by Application

1.3.1 Overview: Global Connected Homes Revenue by Application: 2015 VS 2019 VS 2025

1.3.2 Home Automation

1.3.3 Lightening

1.3.4 Consumer Appliances

1.3.5 Thermostat

1.3.6 Others

1.4 Global Connected Homes Market by Regions

1.4.1 Global Connected Homes Market Size by Regions: 2015 VS 2019 VS 2025

1.4.2 Global Market Size of Connected Homes (2015-2025)

1.4.3 North America (USA, Canada and Mexico) Connected Homes Status and Prospect (2015-2025)

1.4.4 Europe (Germany, France, UK, Russia and Italy) Connected Homes Status and Prospect (2015-2025)

1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Connected Homes Status and Prospect (2015-2025)

1.4.6 South America (Brazil, Argentina, Colombia) Connected Homes Status and Prospect (2015-2025)

1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Connected Homes Status and Prospect (2015-2025)

2 Company Profiles

2.1 Honeywell

2.1.1 Honeywell Details

2.1.2 Honeywell Major Business and Total Revenue (Financial Highlights) Analysis

2.1.3 Honeywell SWOT Analysis

2.1.4 Honeywell Product and Services

2.1.5 Honeywell Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.2 LG

2.2.1 LG Details

2.2.2 LG Major Business and Total Revenue (Financial Highlights) Analysis

2.2.3 LG SWOT Analysis

2.2.4 LG Product and Services

2.2.5 LG Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.3 ABB

2.3.1 ABB Details

2.3.2 ABB Major Business and Total Revenue (Financial Highlights) Analysis

2.3.3 ABB SWOT Analysis

2.3.4 ABB Product and Services

2.3.5 ABB Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.4 Siemens

2.4.1 Siemens Details

2.4.2 Siemens Major Business and Total Revenue (Financial Highlights) Analysis

2.4.3 Siemens SWOT Analysis

2.4.4 Siemens Product and Services

2.4.5 Siemens Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.5 Samsung

2.5.1 Samsung Details

2.5.2 Samsung Major Business and Total Revenue (Financial Highlights) Analysis

2.5.3 Samsung SWOT Analysis

2.5.4 Samsung Product and Services

2.5.5 Samsung Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.6 Schneider

2.6.1 Schneider Details

2.6.2 Schneider Major Business and Total Revenue (Financial Highlights) Analysis

2.6.3 Schneider SWOT Analysis

2.6.4 Schneider Product and Services

2.6.5 Schneider Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.7 Crestron Electronics

2.7.1 Crestron Electronics Details

2.7.2 Crestron Electronics Major Business and Total Revenue (Financial Highlights) Analysis

2.7.3 Crestron Electronics SWOT Analysis

2.7.4 Crestron Electronics Product and Services

2.7.5 Crestron Electronics Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.8 Emerson

2.8.1 Emerson Details

2.8.2 Emerson Major Business and Total Revenue (Financial Highlights) Analysis

2.8.3 Emerson SWOT Analysis

2.8.4 Emerson Product and Services

2.8.5 Emerson Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.9 Johnson Controls

2.9.1 Johnson Controls Details

2.9.2 Johnson Controls Major Business and Total Revenue (Financial Highlights) Analysis

2.9.3 Johnson Controls SWOT Analysis

2.9.4 Johnson Controls Product and Services

2.9.5 Johnson Controls Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

2.10 United Technologies

2.10.1 United Technologies Details

2.10.2 United Technologies Major Business and Total Revenue (Financial Highlights) Analysis

2.10.3 United Technologies SWOT Analysis

2.10.4 United Technologies Product and Services

2.10.5 United Technologies Connected Homes Revenue, Gross Margin and Market Share (2018-2019)

3 Market Competition, by Players

3.1 Global Connected Homes Revenue and Share by Players (2015-2020)

3.2 Market Concentration Rate

3.2.1 Top 5 Connected Homes Players Market Share

3.2.2 Top 10 Connected Homes Players Market Share

3.3 Market Competition Trend

4 Market Size by Regions

4.1 Global Connected Homes Revenue and Market Share by Regions

4.2 North America Connected Homes Revenue and Growth Rate (2015-2020)

4.3 Europe Connected Homes Revenue and Growth Rate (2015-2020)

4.4 Asia-Pacific Connected Homes Revenue and Growth Rate (2015-2020)

4.5 South America Connected Homes Revenue and Growth Rate (2015-2020)

4.6 Middle East & Africa Connected Homes Revenue and Growth Rate (2015-2020)

5 North America Connected Homes Revenue by Countries

5.1 North America Connected Homes Revenue by Countries (2015-2020)

5.2 USA Connected Homes Revenue and Growth Rate (2015-2020)

5.3 Canada Connected Homes Revenue and Growth Rate (2015-2020)

5.4 Mexico Connected Homes Revenue and Growth Rate (2015-2020)

6 Europe Connected Homes Revenue by Countries

6.1 Europe Connected Homes Revenue by Countries (2015-2020)

6.2 Germany Connected Homes Revenue and Growth Rate (2015-2020)

6.3 UK Connected Homes Revenue and Growth Rate (2015-2020)

6.4 France Connected Homes Revenue and Growth Rate (2015-2020)

6.5 Russia Connected Homes Revenue and Growth Rate (2015-2020)

6.6 Italy Connected Homes Revenue and Growth Rate (2015-2020)

7 Asia-Pacific Connected Homes Revenue by Countries

7.1 Asia-Pacific Connected Homes Revenue by Countries (2015-2020)

7.2 China Connected Homes Revenue and Growth Rate (2015-2020)

7.3 Japan Connected Homes Revenue and Growth Rate (2015-2020)

7.4 Korea Connected Homes Revenue and Growth Rate (2015-2020)

7.5 India Connected Homes Revenue and Growth Rate (2015-2020)

7.6 Southeast Asia Connected Homes Revenue and Growth Rate (2015-2020)

8 South America Connected Homes Revenue by Countries

8.1 South America Connected Homes Revenue by Countries (2015-2020)

8.2 Brazil Connected Homes Revenue and Growth Rate (2015-2020)

8.3 Argentina Connected Homes Revenue and Growth Rate (2015-2020)

9 Middle East & Africa Revenue Connected Homes by Countries

9.1 Middle East & Africa Connected Homes Revenue by Countries (2015-2020)

9.2 Saudi Arabia Connected Homes Revenue and Growth Rate (2015-2020)

9.3 UAE Connected Homes Revenue and Growth Rate (2015-2020)

9.4 Egypt Connected Homes Revenue and Growth Rate (2015-2020)

9.5 South Africa Connected Homes Revenue and Growth Rate (2015-2020)

10 Market Size Segment by Type

10.1 Global Connected Homes Revenue and Market Share by Type (2015-2020)

10.2 Global Connected Homes Market Forecast by Type (2019-2024)

10.3 Security & Access Revenue Growth Rate (2015-2025)

10.4 Lightening & Window Revenue Growth Rate (2015-2025)

10.5 Audio-Visual & Entertainment Revenue Growth Rate (2015-2025)

10.6 Energy Management & Climate Revenue Growth Rate (2015-2025)

10.7 Integrated Solutions Revenue Growth Rate (2015-2025)

11 Global Connected Homes Market Segment by Application

11.1 Global Connected Homes Revenue Market Share by Application (2015-2020)

11.2 Connected Homes Market Forecast by Application (2019-2024)

11.3 Home Automation Revenue Growth (2015-2020)

11.4 Lightening Revenue Growth (2015-2020)

11.5 Consumer Appliances Revenue Growth (2015-2020)

11.6 Thermostat Revenue Growth (2015-2020)

11.7 Others Revenue Growth (2015-2020)

12 Global Connected Homes Market Size Forecast (2021-2025)

12.1 Global Connected Homes Market Size Forecast (2021-2025)

12.2 Global Connected Homes Market Forecast by Regions (2021-2025)

12.3 North America Connected Homes Revenue Market Forecast (2021-2025)

12.4 Europe Connected Homes Revenue Market Forecast (2021-2025)

12.5 Asia-Pacific Connected Homes Revenue Market Forecast (2021-2025)

12.6 South America Connected Homes Revenue Market Forecast (2021-2025)

12.7 Middle East & Africa Connected Homes Revenue Market Forecast (2021-2025)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source

14.3 Disclaimer

14.4 About US


List of Tables

Table 1. Global Connected Homes Revenue (USD Million) by Type: 2015 VS 2019 VS 2025

Table 2. Breakdown of Connected Homes by Company Type (Tier 1, Tier 2 and Tier 3)

Table 3. Global Connected Homes Revenue (USD Million) by Application: 2015 VS 2019 VS 2025

Table 4. Global Market Connected Homes Revenue (Million USD) Comparison by Regions 2015-2025

Table 5. Honeywell Corporate Information, Location and Competitors

Table 6. Honeywell Connected Homes Major Business

Table 7. Honeywell Connected Homes Total Revenue (USD Million) (2017-2018)

Table 8. Honeywell SWOT Analysis

Table 9. Honeywell Connected Homes Product and Solutions

Table 10. Honeywell Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 11. LG Corporate Information, Location and Competitors

Table 12. LG Connected Homes Major Business

Table 13. LG Connected Homes Total Revenue (USD Million) (2018-2019)

Table 14. LG SWOT Analysis

Table 15. LG Connected Homes Product and Solutions

Table 16. LG Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 17. ABB Corporate Information, Location and Competitors

Table 18. ABB Connected Homes Major Business

Table 19. ABB Connected Homes Total Revenue (USD Million) (2017-2018)

Table 20. ABB SWOT Analysis

Table 21. ABB Connected Homes Product and Solutions

Table 22. ABB Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 23. Siemens Corporate Information, Location and Competitors

Table 24. Siemens Connected Homes Major Business

Table 25. Siemens Connected Homes Total Revenue (USD Million) (2017-2018)

Table 26. Siemens SWOT Analysis

Table 27. Siemens Connected Homes Product and Solutions

Table 28. Siemens Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 29. Samsung Corporate Information, Location and Competitors

Table 30. Samsung Connected Homes Major Business

Table 31. Samsung Connected Homes Total Revenue (USD Million) (2017-2018)

Table 32. Samsung SWOT Analysis

Table 33. Samsung Connected Homes Product and Solutions

Table 34. Samsung Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 35. Schneider Corporate Information, Location and Competitors

Table 36. Schneider Connected Homes Major Business

Table 37. Schneider Connected Homes Total Revenue (USD Million) (2017-2018)

Table 38. Schneider SWOT Analysis

Table 39. Schneider Connected Homes Product and Solutions

Table 40. Schneider Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 41. Crestron Electronics Corporate Information, Location and Competitors

Table 42. Crestron Electronics Connected Homes Major Business

Table 43. Crestron Electronics Connected Homes Total Revenue (USD Million) (2017-2018)

Table 44. Crestron Electronics SWOT Analysis

Table 45. Crestron Electronics Connected Homes Product and Solutions

Table 46. Crestron Electronics Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 47. Emerson Corporate Information, Location and Competitors

Table 48. Emerson Connected Homes Major Business

Table 49. Emerson Connected Homes Total Revenue (USD Million) (2017-2018)

Table 50. Emerson SWOT Analysis

Table 51. Emerson Connected Homes Product and Solutions

Table 52. Emerson Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 53. Johnson Controls Corporate Information, Location and Competitors

Table 54. Johnson Controls Connected Homes Major Business

Table 55. Johnson Controls Connected Homes Total Revenue (USD Million) (2017-2018)

Table 56. Johnson Controls SWOT Analysis

Table 57. Johnson Controls Connected Homes Product and Solutions

Table 58. Johnson Controls Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 59. United Technologies Corporate Information, Location and Competitors

Table 60. United Technologies Connected Homes Major Business

Table 61. United Technologies Connected Homes Total Revenue (USD Million) (2017-2018)

Table 62. United Technologies SWOT Analysis

Table 63. United Technologies Connected Homes Product and Solutions

Table 64. United Technologies Connected Homes Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 65. Global Connected Homes Revenue (Million USD) by Players (2015-2020)

Table 66. Global Connected Homes Revenue Share by Players (2015-2020)

Table 67. Global Connected Homes Revenue (Million USD) by Regions (2015-2020)

Table 68. Global Connected Homes Revenue Market Share by Regions (2015-2020)

Table 69. North America Connected Homes Revenue by Countries (2015-2020)

Table 70. North America Connected Homes Revenue Market Share by Countries (2015-2020)

Table 71. Europe Connected Homes Revenue (Million USD) by Countries (2015-2020)

Table 72. Asia-Pacific Connected Homes Revenue (Million USD) by Countries (2015-2020)

Table 73. South America Connected Homes Revenue by Countries (2015-2020)

Table 74. South America Connected Homes Revenue Market Share by Countries (2015-2020)

Table 75. Middle East and Africa Connected Homes Revenue (Million USD) by Countries (2015-2020)

Table 76. Middle East and Africa Connected Homes Revenue Market Share by Countries (2015-2020)

Table 77. Global Connected Homes Revenue (Million USD) by Type (2015-2020)

Table 78. Global Connected Homes Revenue Share by Type (2015-2020)

Table 79. Global Connected Homes Revenue Forecast by Type (2021-2025)

Table 80. Global Connected Homes Revenue by Application (2015-2020)

Table 81. Global Connected Homes Revenue Share by Application (2015-2020)

Table 82. Global Connected Homes Revenue Forecast by Application (2021-2025)

Table 83. Global Connected Homes Revenue (Million USD) Forecast by Regions (2021-2025)

List of Figures

Figure 1. Connected Homes Picture

Figure 2. Global Connected Homes Revenue Market Share by Type in 2019

Figure 3. Security & Access Picture

Figure 4. Lightening & Window Picture

Figure 5. Audio-Visual & Entertainment Picture

Figure 6. Energy Management & Climate Picture

Figure 7. Integrated Solutions Picture

Figure 8. Connected Homes Revenue Market Share by Application in 2019

Figure 9. Home Automation Picture

Figure 10. Lightening Picture

Figure 11. Consumer Appliances Picture

Figure 12. Thermostat Picture

Figure 13. Others Picture

Figure 14. Global Connected Homes Revenue (USD Million) and Growth Rate (2015-2025)

Figure 15. North America Connected Homes Revenue (Million USD) and Growth Rate (2015-2025)

Figure 16. Europe Connected Homes Revenue (Million USD) and Growth Rate (2015-2025)

Figure 17. Asia-Pacific Connected Homes Revenue (Million USD) and Growth Rate (2015-2025)

Figure 18. South America Connected Homes Revenue (Million USD) and Growth Rate (2015-2025)

Figure 19. Middle East and Africa Connected Homes Revenue (Million USD) and Growth Rate (2015-2025)

Figure 20. Global Connected Homes Revenue (Million USD) and Growth Rate (2015-2025)

Figure 21. Global Connected Homes Revenue Share by Players in 2019

Figure 22. Global Top 5 Players Connected Homes Revenue Market Share in 2019

Figure 23. Global Top 10 Players Connected Homes Revenue Market Share in 2019

Figure 24. Key Players Market Share Trend

Figure 25. Global Connected Homes Revenue (Million USD) and Growth Rate (%) (2015-2020)

Figure 26. Global Connected Homes Revenue Market Share by Regions (2015-2020)

Figure 27. Global Connected Homes Revenue Market Share by Regions in 2018

Figure 28. North America Connected Homes Revenue and Growth Rate (2015-2020)

Figure 29. Europe Connected Homes Revenue and Growth Rate (2015-2020)

Figure 30. Asia-Pacific Connected Homes Revenue and Growth Rate (2015-2020)

Figure 31. South America Connected Homes Revenue and Growth Rate (2015-2020)

Figure 32. Middle East and Africa Connected Homes Revenue and Growth Rate (2015-2020)

Figure 33. North America Connected Homes Revenue Market Share by Countries (2015-2020)

Figure 34. North America Connected Homes Revenue Market Share by Countries in 2019

Figure 35. USA Connected Homes Revenue and Growth Rate (2015-2020)

Figure 36. Canada Connected Homes Revenue and Growth Rate (2015-2020)

Figure 37. Mexico Connected Homes Revenue and Growth Rate (2015-2020)

Figure 38. Europe Connected Homes Revenue Market Share by Countries (2015-2020)

Figure 39. Europe Connected Homes Revenue Market Share by Countries in 2019

Figure 40. Germany Connected Homes Revenue and Growth Rate (2015-2020)

Figure 41. UK Connected Homes Revenue and Growth Rate (2015-2020)

Figure 42. France Connected Homes Revenue and Growth Rate (2015-2020)

Figure 43. Russia Connected Homes Revenue and Growth Rate (2015-2020)

Figure 44. Italy Connected Homes Revenue and Growth Rate (2015-2020)

Figure 45. Asia-Pacific Connected Homes Revenue Market Share by Countries (2015-2020)

Figure 46. Asia-Pacific Connected Homes Revenue Market Share by Countries in 2019

Figure 47. China Connected Homes Revenue and Growth Rate (2015-2020)

Figure 48. Japan Connected Homes Revenue and Growth Rate (2015-2020)

Figure 49. Korea Connected Homes Revenue and Growth Rate (2015-2020)

Figure 50. India Connected Homes Revenue and Growth Rate (2015-2020)

Figure 51. Southeast Asia Connected Homes Revenue and Growth Rate (2015-2020)

Figure 52. South America Connected Homes Revenue Market Share by Countries (2015-2020)

Figure 53. South America Connected Homes Revenue Market Share by Countries in 2019

Figure 54. Brazil Connected Homes Revenue and Growth Rate (2015-2020)

Figure 55. Argentina Connected Homes Revenue and Growth Rate (2015-2020)

Figure 56. Middle East and Africa Connected Homes Revenue Market Share by Countries (2015-2020)

Figure 57. Middle East and Africa Connected Homes Revenue Market Share by Countries in 2019

Figure 58. Saudi Arabia Connected Homes Revenue and Growth Rate (2015-2020)

Figure 59. UAE Connected Homes Revenue and Growth Rate (2015-2020)

Figure 60. Egypt Connected Homes Revenue and Growth Rate (2015-2020)

Figure 61. South Africa Connected Homes Revenue and Growth Rate (2015-2020)

Figure 62. Global Connected Homes Revenue Share by Type (2015-2020)

Figure 63. Global Connected Homes Revenue Share by Type in 2019

Figure 64. Global Connected Homes Market Share Forecast by Type (2021-2025)

Figure 65. Global Security & Access Revenue Growth Rate (2015-2020)

Figure 66. Global Lightening & Window Revenue Growth Rate (2015-2020)

Figure 67. Global Audio-Visual & Entertainment Revenue Growth Rate (2015-2020)

Figure 68. Global Energy Management & Climate Revenue Growth Rate (2015-2020)

Figure 69. Global Integrated Solutions Revenue Growth Rate (2015-2020)

Figure 70. Global Connected Homes Revenue Share by Application (2015-2020)

Figure 71. Global Connected Homes Revenue Share by Application in 2019

Figure 72. Global Connected Homes Market Share Forecast by Application (2021-2025)

Figure 73. Global Home Automation Revenue Growth Rate (2015-2020)

Figure 74. Global Lightening Revenue Growth Rate (2015-2020)

Figure 75. Global Consumer Appliances Revenue Growth Rate (2015-2020)

Figure 76. Global Thermostat Revenue Growth Rate (2015-2020)

Figure 77. Global Others Revenue Growth Rate (2015-2020)

Figure 78. Global Connected Homes Revenue (Million USD) and Growth Rate Forecast (2021-2025)

Figure 79. Global Connected Homes Revenue (Million USD) Forecast by Regions (2021-2025)

Figure 80. Global Connected Homes Revenue Market Share Forecast by Regions (2021-2025)

Figure 81. North America Connected Homes Revenue Market Forecast (2021-2025)

Figure 82. Europe Connected Homes Revenue Market Forecast (2021-2025)

Figure 83. Asia-Pacific Connected Homes Revenue Market Forecast (2021-2025)

Figure 84. South America Connected Homes Revenue Market Forecast (2021-2025)

Figure 85. Middle East and Africa Connected Homes Revenue Market Forecast (2021-2025)

Figure 86. Sales Channel: Direct Channel vs Indirect Channel

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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