5g Technology Market 2021
5G Technology Market Forecasts to 2028 – Global Analysis By Chipset Type (FPGA, FRIC, ASIC), Connectivity (URLLC, eMBB, mMTC), Technology (WiMAX, GSM, HSPA, Wi-Fi), Application (ICT & Trade, AR & VR, Retail) and By Geography
According to Stratistics MRC, the Global 5G Technology Market is accounted for $48.11 billion in 2020 and is expected to reach $3,171.44 billion by 2028 growing at a CAGR of 68.8% during the forecast period. Increase in number of IoT devices and adoption of edge computing, growing trends towards consumer electronics and wearable devices are driving the market growth. However, challenges in small cell deployments and implementation of fiber backhaul are hampering the growth of the market.
5G is the fifth generation technology standard for broadband cellular networks. 5G Technology has a theoretical peak speed of 20 Gbps. It is designed to increase the speed, reduce latency and improve the flexibility of wireless services. The 5G network will simplify mobility with seamless open roaming capabilities between cellular and Wi-Fi access.
Based on the end user, the information technology (IT) & telecommunication segment is going to have lucrative growth during the forecast period due to the increasing investments by key players in the latest technologies for communication, growing demand for high data speed and growing need for enhanced broadband capacity.
By geography, Asia Pacific is going to have high growth during the forecast period due to increasing demand for smart phones and the rising need for large and high-speed network coverage from various sectors in the region and increasing investments by the key players of the market for the 5G infrastructure in developing region such as China and Japan increases the market growth in the region.
Some of the key players profiled in the 5G Technology Market include Mediatek, Huawei Technologies Co. Ltd., Qualcomm Inc., Broadcom Corporation, Intel Corp, Cisco Systems, Inc, Samsung, Nokia Networks, Verizon Communications, Ericsson, Orange S.A, TIM Group, China Mobile Limited and Deutsche Telekom AG .
Operational Frequencies Covered:
• Sub 6 GHz
• Above 6 GHz
Chipset Types Covered:
• Field Programmable Gate Array (FPGA)
• Millimeter-Wave Technology Chips
• Radio Frequency Integrated Circuit (FRIC)
• Application-specific Integrated Circuit (ASIC)
Communication Infrastructures Covered:
• Distributed Antenna System (DAS)
• Macro Cell
• Radio Access Network (RAN)
• Small Cell
Network Technologies Covered:
• Software-Defined Networking (SDN)
• Fog Computing (FC)
• Network Function Virtualization Infrastructure(NFVI)
• Mobile Edge Computing (MEC)
Connectivity’s Covered:
• Ultra-Reliable Low Latency Communication (URLLC)
• Enhanced Mobile Broadband (eMBB)
• Massive Machine Type Communication (mMTC)
Offerings Covered:
• Hardware
• Software
• Services
Technologies Covered:
• 5G Next Generation (NG) Core
• Worldwide Interoperability for Microwave Access (WiMAX)
• Global System for Mobile (GSM)
• Optical Backhaul
• High Speed Package Access (HSPA)
• Radio Access Technologies (RAT)
• Wireless Fidelity (Wi-Fi)
• Routing Backhaul
Applications Covered:
• Enhanced Video Services
• Public Services
• Connected Vehicle, Monitoring & Tracking, Automation
• Smart Manufacturing
• Information and Communication Technology (ICT) & Trade
• Augmented Reality (AR) & Virtual Reality (VR)
• Smart Cities
• Connected Drones
• Healthcare
• Consumer Electronics
• Connected Automotive
• Intelligent Buildings and Infrastructure
• Public Safety and Surveillance
• Retail
• Home Automation
• Energy and Utility
• Industrial Automation
Network Architectures Covered:
• 5G Standalone (New Radio (NR) + Core)
• 5G New Radio (NR) Non-Standalone (LTE Combined)
End Users Covered:
• Information Technology (IT) & Telecommunication
• Industrial
• Commercial
• Government
• Agriculture & Mining
• Transportation & Logistics
• Media & Entertainment
• Residential
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global 5G Technology Market, By Operational Frequency
5.1 Introduction
5.2 Sub 6 GHz
5.3 Above 6 GHz
6 Global 5G Technology Market, By Chipset Type
6.1 Introduction
6.2 Field Programmable Gate Array (FPGA)
6.3 Millimeter-Wave Technology Chips
6.4 Radio Frequency Integrated Circuit (FRIC)
6.5 Application-specific Integrated Circuit (ASIC)
7 Global 5G Technology Market, By Communication Infrastructure
7.1 Introduction
7.2 Distributed Antenna System (DAS)
7.3 Macro Cell
7.4 Radio Access Network (RAN)
7.5 Small Cell
7.5.1 Pico Cell
7.5.2 Femtocell
7.5.3 Micro Cell
8 Global 5G Technology Market, By Network Technology
8.1 Introduction
8.2 Software-Defined Networking (SDN)
8.3 Fog Computing (FC)
8.4 Network Function Virtualization Infrastructure(NFVI)
8.5 Mobile Edge Computing (MEC)
9 Global 5G Technology Market, By Connectivity
9.1 Introduction
9.2 Ultra-Reliable Low Latency Communication (URLLC)
9.3 Enhanced Mobile Broadband (eMBB)
9.4 Massive Machine Type Communication (mMTC)
10 Global 5G Technology Market, By Offering
10.1 Introduction
10.2 Hardware
10.3 Software
10.4 Services
10.4.1 Managed Services
10.4.2 Professional & Financial Services
11 Global 5G Technology Market, By Technology
11.1 Introduction
11.2 5G Next Generation (NG) Core
11.3 Worldwide Interoperability for Microwave Access (WiMAX)
11.4 Global System for Mobile (GSM)
11.5 Optical Backhaul
11.6 High Speed Package Access (HSPA)
11.7 Radio Access Technologies (RAT)
11.8 Wireless Fidelity (Wi-Fi)
11.9 Routing Backhaul
12 Global 5G Technology Market, By Application
12.1 Introduction
12.2 Enhanced Video Services
12.3 Public Services
12.4 Connected Vehicle, Monitoring & Tracking, Automation
12.5 Smart Manufacturing
12.6 Information and Communication Technology (ICT) & Trade
12.7 Augmented Reality (AR) & Virtual Reality (VR)
12.8 Smart Cities
12.9 Connected Drones
12.10 Healthcare
12.10.1 Telemedicine
12.10.2 Mhealth/Wireless eHealth
12.10.3 Connected Health
12.11 Consumer Electronics
12.11.1 Smart Appliances
12.11.2 Wearable Devices
12.11.3 Smart Televisions (TVs) and Smart Television (TV) Consoles
12.12 Connected Automotive
12.12.1 Vehicle-To-Network (V2N)
12.12.2 Vehicle-To-Vehicle (V2V)
12.12.3 Vehicle-To-Pedestrian (V2P)
12.12.4 Vehicle-To-Infrastructure (V2I)
12.12.5 Intelligent Navigation
12.12.6 Advanced Driver Assistance Systems (ADAS)
12.12.7 Digital Logistics
12.12.8 Road Safety and Traffic Efficiency
12.13 Intelligent Buildings and Infrastructure
12.13.1 Facility Management and Energy Optimization
12.13.2 Parking Management
12.14 Public Safety and Surveillance
12.14.1 Command and Control (C2)/Command, Control, Communications, Computers (C4) Intelligence, Surveillance and Reconnaissance (ISR) (C4ISR) System
12.14.2 Smart Surveillance Systems
12.14.3 Public Address and General Alarm
12.14.4 Emergency and Disaster Management
12.15 Retail
12.15.1 Remote Monitoring
12.15.2 Field Force Productivity, Tracking and Automation
12.15.3 Supply Chain Management
12.15.4 End Consumer Retail Automation
12.16 Home Automation
12.16.1 Heating, Ventilation, and Air Conditioning (HVAC) Conttrol
12.16.2 Security and Access Control
12.16.3 Entertainment and Other Controls
12.16.4 Lighting Control
12.17 Energy and Utility
12.17.1 Connected Pipelines
12.17.2 Physical Security
12.17.3 Smart Grid
12.17.4 Mobile Workforce Management
12.17.5 Connected Logistics
12.17.6 Asset Management
12.18 Industrial Automation
12.18.1 Impact of Internet of Things (IoT)
12.18.2 Remote Machinery
12.18.3 Machine-Type Communication (MTC)
13 Global 5G Technology Market, By Network Architecture
13.1 Introduction
13.2 5G Standalone (New Radio (NR) + Core)
13.3 5G New Radio (NR) Non-Standalone (LTE Combined)
14 Global 5G Technology Market, By End User
14.1 Introduction
14.2 Information Technology (IT) & Telecommunication
14.3 Industrial
14.4 Commercial
14.5 Government
14.6 Agriculture & Mining
14.7 Transportation & Logistics
14.8 Media & Entertainment
14.9 Residential
15 Global 5G Technology Market, By Geography
15.1 Introduction
15.2 North America
15.2.1 US
15.2.2 Canada
15.2.3 Mexico
15.3 Europe
15.3.1 Germany
15.3.2 UK
15.3.3 Italy
15.3.4 France
15.3.5 Spain
15.3.6 Rest of Europe
15.4 Asia Pacific
15.4.1 Japan
15.4.2 China
15.4.3 India
15.4.4 Australia
15.4.5 New Zealand
15.4.6 South Korea
15.4.7 Rest of Asia Pacific
15.5 South America
15.5.1 Argentina
15.5.2 Brazil
15.5.3 Chile
15.5.4 Rest of South America
15.6 Middle East & Africa
15.6.1 Saudi Arabia
15.6.2 UAE
15.6.3 Qatar
15.6.4 South Africa
15.6.5 Rest of Middle East & Africa
16 Key Developments
16.1 Agreements, Partnerships, Collaborations and Joint Ventures
16.2 Acquisitions & Mergers
16.3 New Product Launch
16.4 Expansions
16.5 Other Key Strategies
17 Company Profiling
17.1 Mediatek
17.2 Huawei Technologies Co. Ltd.
17.3 Qualcomm Inc.
17.4 Broadcom Corporation
17.5 Intel Corp
17.6 Cisco Systems, Inc
17.7 Samsung
17.8 Nokia Networks
17.9 Verizon Communications
17.10 Ericsson
17.11 Orange S.A
17.12 TIM Group
17.13 China Mobile Limited
17.14 Deutsche Telekom AG
List of Tables
1 Global 5G Technology Market Outlook, By Region (2019-2028) ($MN)
2 Global 5G Technology Market Outlook, By Operational Frequency (2019-2028) ($MN)
3 Global 5G Technology Market Outlook, By Sub 6 GHz (2019-2028) ($MN)
4 Global 5G Technology Market Outlook, By Above 6 GHz (2019-2028) ($MN)
5 Global 5G Technology Market Outlook, By Chipset Type (2019-2028) ($MN)
6 Global 5G Technology Market Outlook, By Field Programmable Gate Array (FPGA) (2019-2028) ($MN)
7 Global 5G Technology Market Outlook, By Millimeter-Wave Technology Chips (2019-2028) ($MN)
8 Global 5G Technology Market Outlook, By Radio Frequency Integrated Circuit (FRIC) (2019-2028) ($MN)
9 Global 5G Technology Market Outlook, By Application-specific Integrated Circuit (ASIC) (2019-2028) ($MN)
10 Global 5G Technology Market Outlook, By Communication Infrastructure (2019-2028) ($MN)
11 Global 5G Technology Market Outlook, By Distributed Antenna System (DAS) (2019-2028) ($MN)
12 Global 5G Technology Market Outlook, By Macro Cell (2019-2028) ($MN)
13 Global 5G Technology Market Outlook, By Radio Access Network (RAN) (2019-2028) ($MN)
14 Global 5G Technology Market Outlook, By Small Cell (2019-2028) ($MN)
15 Global 5G Technology Market Outlook, By Pico Cell (2019-2028) ($MN)
16 Global 5G Technology Market Outlook, By Femtocell (2019-2028) ($MN)
17 Global 5G Technology Market Outlook, By Micro Cell (2019-2028) ($MN)
18 Global 5G Technology Market Outlook, By Network Technology (2019-2028) ($MN)
19 Global 5G Technology Market Outlook, By Software-Defined Networking (SDN) (2019-2028) ($MN)
20 Global 5G Technology Market Outlook, By Fog Computing (FC) (2019-2028) ($MN)
21 Global 5G Technology Market Outlook, By Network Function Virtualization Infrastructure(NFVI) (2019-2028) ($MN)
22 Global 5G Technology Market Outlook, By Mobile Edge Computing (MEC) (2019-2028) ($MN)
23 Global 5G Technology Market Outlook, By Connectivity (2019-2028) ($MN)
24 Global 5G Technology Market Outlook, By Ultra-Reliable Low Latency Communication (URLLC) (2019-2028) ($MN)
25 Global 5G Technology Market Outlook, By Enhanced Mobile Broadband (eMBB) (2019-2028) ($MN)
26 Global 5G Technology Market Outlook, By Massive Machine Type Communication (mMTC) (2019-2028) ($MN)
27 Global 5G Technology Market Outlook, By Offering (2019-2028) ($MN)
28 Global 5G Technology Market Outlook, By Hardware (2019-2028) ($MN)
29 Global 5G Technology Market Outlook, By Software (2019-2028) ($MN)
30 Global 5G Technology Market Outlook, By Services (2019-2028) ($MN)
31 Global 5G Technology Market Outlook, By Managed Services (2019-2028) ($MN)
32 Global 5G Technology Market Outlook, By Professional & Financial Services (2019-2028) ($MN)
33 Global 5G Technology Market Outlook, By Technology (2019-2028) ($MN)
34 Global 5G Technology Market Outlook, By 5G Next Generation (NG) Core (2019-2028) ($MN)
35 Global 5G Technology Market Outlook, By Worldwide Interoperability for Microwave Access (WiMAX) (2019-2028) ($MN)
36 Global 5G Technology Market Outlook, By Global System for Mobile (GSM) (2019-2028) ($MN)
37 Global 5G Technology Market Outlook, By Optical Backhaul (2019-2028) ($MN)
38 Global 5G Technology Market Outlook, By High Speed Package Access (HSPA) (2019-2028) ($MN)
39 Global 5G Technology Market Outlook, By Radio Access Technologies (RAT) (2019-2028) ($MN)
40 Global 5G Technology Market Outlook, By Wireless Fidelity (Wi-Fi) (2019-2028) ($MN)
41 Global 5G Technology Market Outlook, By Routing Backhaul (2019-2028) ($MN)
42 Global 5G Technology Market Outlook, By Application (2019-2028) ($MN)
43 Global 5G Technology Market Outlook, By Enhanced Video Services (2019-2028) ($MN)
44 Global 5G Technology Market Outlook, By Public Services (2019-2028) ($MN)
45 Global 5G Technology Market Outlook, By Connected Vehicle, Monitoring & Tracking, Automation (2019-2028) ($MN)
46 Global 5G Technology Market Outlook, By Smart Manufacturing (2019-2028) ($MN)
47 Global 5G Technology Market Outlook, By Information and Communication Technology (ICT) & Trade (2019-2028) ($MN)
48 Global 5G Technology Market Outlook, By Augmented Reality (AR) & Virtual Reality (VR) (2019-2028) ($MN)
49 Global 5G Technology Market Outlook, By Smart Cities (2019-2028) ($MN)
50 Global 5G Technology Market Outlook, By Connected Drones (2019-2028) ($MN)
51 Global 5G Technology Market Outlook, By Healthcare (2019-2028) ($MN)
52 Global 5G Technology Market Outlook, By Telemedicine (2019-2028) ($MN)
53 Global 5G Technology Market Outlook, By Mhealth/Wireless eHealth (2019-2028) ($MN)
54 Global 5G Technology Market Outlook, By Connected Health (2019-2028) ($MN)
55 Global 5G Technology Market Outlook, By Consumer Electronics (2019-2028) ($MN)
56 Global 5G Technology Market Outlook, By Smart Appliances (2019-2028) ($MN)
57 Global 5G Technology Market Outlook, By Wearable Devices (2019-2028) ($MN)
58 Global 5G Technology Market Outlook, By Smart Televisions (TVs) and Smart Television (TV) Consoles (2019-2028) ($MN)
59 Global 5G Technology Market Outlook, By Connected Automotive (2019-2028) ($MN)
60 Global 5G Technology Market Outlook, By Vehicle-To-Network (V2N) (2019-2028) ($MN)
61 Global 5G Technology Market Outlook, By Vehicle-To-Vehicle (V2V) (2019-2028) ($MN)
62 Global 5G Technology Market Outlook, By Vehicle-To-Pedestrian (V2P) (2019-2028) ($MN)
63 Global 5G Technology Market Outlook, By Vehicle-To-Infrastructure (V2I) (2019-2028) ($MN)
64 Global 5G Technology Market Outlook, By Intelligent Navigation (2019-2028) ($MN)
65 Global 5G Technology Market Outlook, By Advanced Driver Assistance Systems (ADAS) (2019-2028) ($MN)
66 Global 5G Technology Market Outlook, By Digital Logistics (2019-2028) ($MN)
67 Global 5G Technology Market Outlook, By Road Safety and Traffic Efficiency (2019-2028) ($MN)
68 Global 5G Technology Market Outlook, By Intelligent Buildings and Infrastructure (2019-2028) ($MN)
69 Global 5G Technology Market Outlook, By Facility Management and Energy Optimization (2019-2028) ($MN)
70 Global 5G Technology Market Outlook, By Parking Management (2019-2028) ($MN)
71 Global 5G Technology Market Outlook, By Public Safety and Surveillance (2019-2028) ($MN)
72 Global 5G Technology Market Outlook, By Command and Control (C2)/Command, Control, Communications, Computers (C4) Intelligence, Surveillance and Reconnaissance (ISR) (C4ISR) System (2019-2028) ($MN)
73 Global 5G Technology Market Outlook, By Smart Surveillance Systems (2019-2028) ($MN)
74 Global 5G Technology Market Outlook, By Public Address and General Alarm (2019-2028) ($MN)
75 Global 5G Technology Market Outlook, By Emergency and Disaster Management (2019-2028) ($MN)
76 Global 5G Technology Market Outlook, By Retail (2019-2028) ($MN)
77 Global 5G Technology Market Outlook, By Remote Monitoring (2019-2028) ($MN)
78 Global 5G Technology Market Outlook, By Field Force Productivity, Tracking and Automation (2019-2028) ($MN)
79 Global 5G Technology Market Outlook, By Supply Chain Management (2019-2028) ($MN)
80 Global 5G Technology Market Outlook, By End Consumer Retail Automation (2019-2028) ($MN)
81 Global 5G Technology Market Outlook, By Home Automation (2019-2028) ($MN)
82 Global 5G Technology Market Outlook, By Heating, Ventilation, and Air Conditioning (HVAC) Conttrol (2019-2028) ($MN)
83 Global 5G Technology Market Outlook, By Security and Access Control (2019-2028) ($MN)
84 Global 5G Technology Market Outlook, By Entertainment and Other Controls (2019-2028) ($MN)
85 Global 5G Technology Market Outlook, By Lighting Control (2019-2028) ($MN)
86 Global 5G Technology Market Outlook, By Energy and Utility (2019-2028) ($MN)
87 Global 5G Technology Market Outlook, By Connected Pipelines (2019-2028) ($MN)
88 Global 5G Technology Market Outlook, By Physical Security (2019-2028) ($MN)
89 Global 5G Technology Market Outlook, By Smart Grid (2019-2028) ($MN)
90 Global 5G Technology Market Outlook, By Mobile Workforce Management (2019-2028) ($MN)
91 Global 5G Technology Market Outlook, By Connected Logistics (2019-2028) ($MN)
92 Global 5G Technology Market Outlook, By Asset Management (2019-2028) ($MN)
93 Global 5G Technology Market Outlook, By Industrial Automation (2019-2028) ($MN)
94 Global 5G Technology Market Outlook, By Impact of Internet of Things (IoT) (2019-2028) ($MN)
95 Global 5G Technology Market Outlook, By Remote Machinery (2019-2028) ($MN)
96 Global 5G Technology Market Outlook, By Machine-Type Communication (MTC) (2019-2028) ($MN)
97 Global 5G Technology Market Outlook, By Network Architecture (2019-2028) ($MN)
98 Global 5G Technology Market Outlook, By 5G Standalone (New Radio (NR) + Core) (2019-2028) ($MN)
99 Global 5G Technology Market Outlook, By 5G New Radio (NR) Non-Standalone (LTE Combined) (2019-2028) ($MN)
100 Global 5G Technology Market Outlook, By End User (2019-2028) ($MN)
101 Global 5G Technology Market Outlook, By Information Technology (IT) & Telecommunication (2019-2028) ($MN)
102 Global 5G Technology Market Outlook, By Industrial (2019-2028) ($MN)
103 Global 5G Technology Market Outlook, By Commercial (2019-2028) ($MN)
104 Global 5G Technology Market Outlook, By Government (2019-2028) ($MN)
105 Global 5G Technology Market Outlook, By Agriculture & Mining (2019-2028) ($MN)
106 Global 5G Technology Market Outlook, By Transportation & Logistics (2019-2028) ($MN)
107 Global 5G Technology Market Outlook, By Media & Entertainment (2019-2028) ($MN)
108 Global 5G Technology Market Outlook, By Residential (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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