Automotive Telematics Insurance Market
PUBLISHED: 2020 ID: SMRC19751
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Automotive Telematics Insurance Market

Automotive Telematics Insurance - Global Market Outlook (2019-2027)

4.4 (63 reviews)
4.4 (63 reviews)
Published: 2020 ID: SMRC19751

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automotive Telematics Insurance Market is accounted for $45.15 million units in 2019 and is expected to reach $504.04 million units by 2027 growing at a CAGR of 35.2% during the forecast period. Demand for low insurance premium among consumers and necessity of insurance companies to underwrite the risk effectively are the major factors driving the market growth. However, lack of verification of actual mileage is restraining the market growth.

Automotive telematics insurance is an engine protection spread modified by observing ongoing driving and guaranteeing the hazard. Telematics protection includes a SIM card, movement sensor, GPS framework, and a PC module. The telematics protection gadget, likewise called black-box, is fitted in the OBD-II entry of the vehicle. The gadget catches and moves ongoing information of the vehicle to the insurance agency so as to follow the vehicle and break down the mishap dangers dependent on course of drive, speed of vehicle, miles driven, and inconvenient time ride. 

Based on insurance type, the pay-how-you-drive segment is likely to have a huge demand due to its behavior-based model that estimates the risk & consequently, is highly effective for both the insurance agency & the insured. It is broadly accepted by fleet owners in North America. By geography, Europe is going to have a lucrative growth during the forecast period due to its high rate of adoption in the U.K. and Italy. Advancement of smart phone capabilities and low cost of networking and communication have led to exponential growth of the market in the region.

Some of the key players profiled in the Automotive Telematics Insurance Market include Verizon Communications Inc, TrueMotion Inc, Trakm8 Group, TomTom, The Progressive Corporation, The Floow Limited, Octo Telematics Ltd, Intelligent Mechatronic Systems, Insure Telematics Solutions, Cambridge Mobile Telematics, CalAmp Corp, Baseline Telematics, AXA Group, Amodo Ltd and Agero Inc.

Types Covered:
• Embedded
• Hardwired
• On-board Device (OBD)
• Smartphone

Insurance Types Covered:
• Pay-As-You-Drive
• Pay-As-You-Go
• Pay-How-You-Drive   

Vehicles Covered:
• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Passenger Vehicle

Distribution Channels Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Technologies Covered:
• Embedded Device
• Mobile Application

Applications Covered:
• Scouting
• Yield Monitoring
• Soil Monitoring

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 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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
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 Emerging Markets   
 3.9 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 Automotive Telematics Insurance Market, By Type
 5.1 Introduction   
 5.2 Embedded   
 5.3 Hardwired   
 5.4 On-board Device (OBD)  
 5.5 Smartphone   
      
6 Global Automotive Telematics Insurance Market, By Insurance Type
 6.1 Introduction   
 6.2 Pay-As-You-Drive   
 6.3 Pay-As-You-Go   
 6.4 Pay-How-You-Drive   
      
7 Global Automotive Telematics Insurance Market, By Vehicle
 7.1 Introduction   
 7.2 Heavy Commercial Vehicle  
 7.3 Light Commercial Vehicle  
 7.4 Passenger Vehicle   
      
8 Global Automotive Telematics Insurance Market, By Distribution Channel
 8.1 Introduction   
 8.2 Original Equipment Manufacturer (OEM) 
 8.3 Aftermarket   
      
9 Global Automotive Telematics Insurance Market, By Technology
 9.1 Introduction   
 9.2 Embedded Device   
 9.3 Mobile Application   
      
10 Global Automotive Telematics Insurance Market, By Application
 10.1 Introduction   
 10.2 Scouting    
 10.3 Yield Monitoring   
 10.4 Soil Monitoring    
      
11 Global Automotive Telematics Insurance Market, By Geography
 11.1 Introduction   
 11.2 North America   
  11.2.1 US   
  11.2.2 Canada   
  11.2.3 Mexico   
 11.3 Europe    
  11.3.1 Germany   
  11.3.2 UK   
  11.3.3 Italy   
  11.3.4 France   
  11.3.5 Spain   
  11.3.6 Rest of Europe  
 11.4 Asia Pacific   
  11.4.1 Japan    
  11.4.2 China   
  11.4.3 India   
  11.4.4 Australia   
  11.4.5 New Zealand  
  11.4.6 South Korea  
  11.4.7 Rest of Asia Pacific  
 11.5 South America   
  11.5.1 Argentina  
  11.5.2 Brazil   
  11.5.3 Chile   
  11.5.4 Rest of South America 
 11.6 Middle East & Africa  
  11.6.1 Saudi Arabia  
  11.6.2 UAE   
  11.6.3 Qatar   
  11.6.4 South Africa  
  11.6.5 Rest of Middle East & Africa 
      
12  Key Developments  
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
 12.2 Acquisitions & Mergers  
 12.3 New Product Launch  
 12.4 Expansions   
 12.5 Other Key Strategies  
      
13 Company Profiling    
 13.1 Verizon Communications Inc  
 13.2 TrueMotion Inc   
 13.3 Trakm8 Group   
 13.4 TomTom    
 13.5 The Progressive Corporation  
 13.6 The Floow Limited   
 13.7 Octo Telematics Ltd   
 13.8 Intelligent Mechatronic Systems 
 13.9 Insure Telematics Solutions  
 13.10 Cambridge Mobile Telematics  
 13.11 CalAmp Corp   
 13.12 Baseline Telematics    
 13.13 AXA Group   
 13.14 Amodo Ltd   
 13.15 Agero Inc    


List of Tables     
1 Global Automotive Telematics Insurance Market Outlook, By Region (2018-2027) ($MN)
2 Global Automotive Telematics Insurance Market Outlook, By Type (2018-2027) ($MN)
3 Global Automotive Telematics Insurance Market Outlook, By Embedded (2018-2027) ($MN)
4 Global Automotive Telematics Insurance Market Outlook, By Hardwired (2018-2027) ($MN)
5 Global Automotive Telematics Insurance Market Outlook, By On-board Device (OBD) (2018-2027) ($MN)
6 Global Automotive Telematics Insurance Market Outlook, By Smartphone (2018-2027) ($MN)
7 Global Automotive Telematics Insurance Market Outlook, By Insurance Type (2018-2027) ($MN)
8 Global Automotive Telematics Insurance Market Outlook, By Pay-As-You-Drive (2018-2027) ($MN)
9 Global Automotive Telematics Insurance Market Outlook, By Pay-As-You-Go (2018-2027) ($MN)
10 Global Automotive Telematics Insurance Market Outlook, By Pay-How-You-Drive (2018-2027) ($MN)
11 Global Automotive Telematics Insurance Market Outlook, By Vehicle (2018-2027) ($MN)
12 Global Automotive Telematics Insurance Market Outlook, By Heavy Commercial Vehicle (2018-2027) ($MN)
13 Global Automotive Telematics Insurance Market Outlook, By Light Commercial Vehicle (2018-2027) ($MN)
14 Global Automotive Telematics Insurance Market Outlook, By Passenger Vehicle (2018-2027) ($MN)
15 Global Automotive Telematics Insurance Market Outlook, By Distribution Channel (2018-2027) ($MN)
16 Global Automotive Telematics Insurance Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
17 Global Automotive Telematics Insurance Market Outlook, By Aftermarket (2018-2027) ($MN)
18 Global Automotive Telematics Insurance Market Outlook, By Technology (2018-2027) ($MN)
19 Global Automotive Telematics Insurance Market Outlook, By Embedded Device (2018-2027) ($MN)
20 Global Automotive Telematics Insurance Market Outlook, By Mobile Application (2018-2027) ($MN)
21 Global Automotive Telematics Insurance Market Outlook, By Application (2018-2027) ($MN)
22 Global Automotive Telematics Insurance Market Outlook, By Scouting (2018-2027) ($MN)
23 Global Automotive Telematics Insurance Market Outlook, By Yield Monitoring (2018-2027) ($MN)
24 Global Automotive Telematics Insurance Market Outlook, By Soil Monitoring  (2018-2027) ($MN)
25 North America Automotive Telematics Insurance Market Outlook, By Country (2018-2027) ($MN)
26 North America Automotive Telematics Insurance Market Outlook, By Type (2018-2027) ($MN)
27 North America Automotive Telematics Insurance Market Outlook, By Embedded (2018-2027) ($MN)
28 North America Automotive Telematics Insurance Market Outlook, By Hardwired (2018-2027) ($MN)
29 North America Automotive Telematics Insurance Market Outlook, By On-board Device (OBD) (2018-2027) ($MN)
30 North America Automotive Telematics Insurance Market Outlook, By Smartphone (2018-2027) ($MN)
31 North America Automotive Telematics Insurance Market Outlook, By Insurance Type (2018-2027) ($MN)
32 North America Automotive Telematics Insurance Market Outlook, By Pay-As-You-Drive (2018-2027) ($MN)
33 North America Automotive Telematics Insurance Market Outlook, By Pay-As-You-Go (2018-2027) ($MN)
34 North America Automotive Telematics Insurance Market Outlook, By Pay-How-You-Drive (2018-2027) ($MN)
35 North America Automotive Telematics Insurance Market Outlook, By Vehicle (2018-2027) ($MN)
36 North America Automotive Telematics Insurance Market Outlook, By Heavy Commercial Vehicle (2018-2027) ($MN)
37 North America Automotive Telematics Insurance Market Outlook, By Light Commercial Vehicle (2018-2027) ($MN)
38 North America Automotive Telematics Insurance Market Outlook, By Passenger Vehicle (2018-2027) ($MN)
39 North America Automotive Telematics Insurance Market Outlook, By Distribution Channel (2018-2027) ($MN)
40 North America Automotive Telematics Insurance Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
41 North America Automotive Telematics Insurance Market Outlook, By Aftermarket (2018-2027) ($MN)
42 North America Automotive Telematics Insurance Market Outlook, By Technology (2018-2027) ($MN)
43 North America Automotive Telematics Insurance Market Outlook, By Embedded Device (2018-2027) ($MN)
44 North America Automotive Telematics Insurance Market Outlook, By Mobile Application (2018-2027) ($MN)
45 North America Automotive Telematics Insurance Market Outlook, By Application (2018-2027) ($MN)
46 North America Automotive Telematics Insurance Market Outlook, By Scouting (2018-2027) ($MN)
47 North America Automotive Telematics Insurance Market Outlook, By Yield Monitoring (2018-2027) ($MN)
48 North America Automotive Telematics Insurance Market Outlook, By Soil Monitoring  (2018-2027) ($MN)
49 Europe Automotive Telematics Insurance Market Outlook, By Country (2018-2027) ($MN)
50 Europe Automotive Telematics Insurance Market Outlook, By Type (2018-2027) ($MN)
51 Europe Automotive Telematics Insurance Market Outlook, By Embedded (2018-2027) ($MN)
52 Europe Automotive Telematics Insurance Market Outlook, By Hardwired (2018-2027) ($MN)
53 Europe Automotive Telematics Insurance Market Outlook, By On-board Device (OBD) (2018-2027) ($MN)
54 Europe Automotive Telematics Insurance Market Outlook, By Smartphone (2018-2027) ($MN)
55 Europe Automotive Telematics Insurance Market Outlook, By Insurance Type (2018-2027) ($MN)
56 Europe Automotive Telematics Insurance Market Outlook, By Pay-As-You-Drive (2018-2027) ($MN)
57 Europe Automotive Telematics Insurance Market Outlook, By Pay-As-You-Go (2018-2027) ($MN)
58 Europe Automotive Telematics Insurance Market Outlook, By Pay-How-You-Drive (2018-2027) ($MN)
59 Europe Automotive Telematics Insurance Market Outlook, By Vehicle (2018-2027) ($MN)
60 Europe Automotive Telematics Insurance Market Outlook, By Heavy Commercial Vehicle (2018-2027) ($MN)
61 Europe Automotive Telematics Insurance Market Outlook, By Light Commercial Vehicle (2018-2027) ($MN)
62 Europe Automotive Telematics Insurance Market Outlook, By Passenger Vehicle (2018-2027) ($MN)
63 Europe Automotive Telematics Insurance Market Outlook, By Distribution Channel (2018-2027) ($MN)
64 Europe Automotive Telematics Insurance Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
65 Europe Automotive Telematics Insurance Market Outlook, By Aftermarket (2018-2027) ($MN)
66 Europe Automotive Telematics Insurance Market Outlook, By Technology (2018-2027) ($MN)
67 Europe Automotive Telematics Insurance Market Outlook, By Embedded Device (2018-2027) ($MN)
68 Europe Automotive Telematics Insurance Market Outlook, By Mobile Application (2018-2027) ($MN)
69 Europe Automotive Telematics Insurance Market Outlook, By Application (2018-2027) ($MN)
70 Europe Automotive Telematics Insurance Market Outlook, By Scouting (2018-2027) ($MN)
71 Europe Automotive Telematics Insurance Market Outlook, By Yield Monitoring (2018-2027) ($MN)
72 Europe Automotive Telematics Insurance Market Outlook, By Soil Monitoring  (2018-2027) ($MN)
73 Asia Pacific Automotive Telematics Insurance Market Outlook, By Country (2018-2027) ($MN)
74 Asia Pacific Automotive Telematics Insurance Market Outlook, By Type (2018-2027) ($MN)
75 Asia Pacific Automotive Telematics Insurance Market Outlook, By Embedded (2018-2027) ($MN)
76 Asia Pacific Automotive Telematics Insurance Market Outlook, By Hardwired (2018-2027) ($MN)
77 Asia Pacific Automotive Telematics Insurance Market Outlook, By On-board Device (OBD) (2018-2027) ($MN)
78 Asia Pacific Automotive Telematics Insurance Market Outlook, By Smartphone (2018-2027) ($MN)
79 Asia Pacific Automotive Telematics Insurance Market Outlook, By Insurance Type (2018-2027) ($MN)
80 Asia Pacific Automotive Telematics Insurance Market Outlook, By Pay-As-You-Drive (2018-2027) ($MN)
81 Asia Pacific Automotive Telematics Insurance Market Outlook, By Pay-As-You-Go (2018-2027) ($MN)
82 Asia Pacific Automotive Telematics Insurance Market Outlook, By Pay-How-You-Drive (2018-2027) ($MN)
83 Asia Pacific Automotive Telematics Insurance Market Outlook, By Vehicle (2018-2027) ($MN)
84 Asia Pacific Automotive Telematics Insurance Market Outlook, By Heavy Commercial Vehicle (2018-2027) ($MN)
85 Asia Pacific Automotive Telematics Insurance Market Outlook, By Light Commercial Vehicle (2018-2027) ($MN)
86 Asia Pacific Automotive Telematics Insurance Market Outlook, By Passenger Vehicle (2018-2027) ($MN)
87 Asia Pacific Automotive Telematics Insurance Market Outlook, By Distribution Channel (2018-2027) ($MN)
88 Asia Pacific Automotive Telematics Insurance Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
89 Asia Pacific Automotive Telematics Insurance Market Outlook, By Aftermarket (2018-2027) ($MN)
90 Asia Pacific Automotive Telematics Insurance Market Outlook, By Technology (2018-2027) ($MN)
91 Asia Pacific Automotive Telematics Insurance Market Outlook, By Embedded Device (2018-2027) ($MN)
92 Asia Pacific Automotive Telematics Insurance Market Outlook, By Mobile Application (2018-2027) ($MN)
93 Asia Pacific Automotive Telematics Insurance Market Outlook, By Application (2018-2027) ($MN)
94 Asia Pacific Automotive Telematics Insurance Market Outlook, By Scouting (2018-2027) ($MN)
95 Asia Pacific Automotive Telematics Insurance Market Outlook, By Yield Monitoring (2018-2027) ($MN)
96 Asia Pacific Automotive Telematics Insurance Market Outlook, By Soil Monitoring  (2018-2027) ($MN)
97 South America Automotive Telematics Insurance Market Outlook, By Country (2018-2027) ($MN)
98 South America Automotive Telematics Insurance Market Outlook, By Type (2018-2027) ($MN)
99 South America Automotive Telematics Insurance Market Outlook, By Embedded (2018-2027) ($MN)
100 South America Automotive Telematics Insurance Market Outlook, By Hardwired (2018-2027) ($MN)
101 South America Automotive Telematics Insurance Market Outlook, By On-board Device (OBD) (2018-2027) ($MN)
102 South America Automotive Telematics Insurance Market Outlook, By Smartphone (2018-2027) ($MN)
103 South America Automotive Telematics Insurance Market Outlook, By Insurance Type (2018-2027) ($MN)
104 South America Automotive Telematics Insurance Market Outlook, By Pay-As-You-Drive (2018-2027) ($MN)
105 South America Automotive Telematics Insurance Market Outlook, By Pay-As-You-Go (2018-2027) ($MN)
106 South America Automotive Telematics Insurance Market Outlook, By Pay-How-You-Drive (2018-2027) ($MN)
107 South America Automotive Telematics Insurance Market Outlook, By Vehicle (2018-2027) ($MN)
108 South America Automotive Telematics Insurance Market Outlook, By Heavy Commercial Vehicle (2018-2027) ($MN)
109 South America Automotive Telematics Insurance Market Outlook, By Light Commercial Vehicle (2018-2027) ($MN)
110 South America Automotive Telematics Insurance Market Outlook, By Passenger Vehicle (2018-2027) ($MN)
111 South America Automotive Telematics Insurance Market Outlook, By Distribution Channel (2018-2027) ($MN)
112 South America Automotive Telematics Insurance Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
113 South America Automotive Telematics Insurance Market Outlook, By Aftermarket (2018-2027) ($MN)
114 South America Automotive Telematics Insurance Market Outlook, By Technology (2018-2027) ($MN)
115 South America Automotive Telematics Insurance Market Outlook, By Embedded Device (2018-2027) ($MN)
116 South America Automotive Telematics Insurance Market Outlook, By Mobile Application (2018-2027) ($MN)
117 South America Automotive Telematics Insurance Market Outlook, By Application (2018-2027) ($MN)
118 South America Automotive Telematics Insurance Market Outlook, By Scouting (2018-2027) ($MN)
119 South America Automotive Telematics Insurance Market Outlook, By Yield Monitoring (2018-2027) ($MN)
120 South America Automotive Telematics Insurance Market Outlook, By Soil Monitoring  (2018-2027) ($MN)
121 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Country (2018-2027) ($MN)
122 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Type (2018-2027) ($MN)
123 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Embedded (2018-2027) ($MN)
124 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Hardwired (2018-2027) ($MN)
125 Middle East & Africa Automotive Telematics Insurance Market Outlook, By On-board Device (OBD) (2018-2027) ($MN)
126 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Smartphone (2018-2027) ($MN)
127 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Insurance Type (2018-2027) ($MN)
128 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Pay-As-You-Drive (2018-2027) ($MN)
129 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Pay-As-You-Go (2018-2027) ($MN)
130 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Pay-How-You-Drive (2018-2027) ($MN)
131 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Vehicle (2018-2027) ($MN)
132 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Heavy Commercial Vehicle (2018-2027) ($MN)
133 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Light Commercial Vehicle (2018-2027) ($MN)
134 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Passenger Vehicle (2018-2027) ($MN)
135 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Distribution Channel (2018-2027) ($MN)
136 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
137 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Aftermarket (2018-2027) ($MN)
138 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Technology (2018-2027) ($MN)
139 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Embedded Device (2018-2027) ($MN)
140 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Mobile Application (2018-2027) ($MN)
141 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Application (2018-2027) ($MN)
142 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Scouting (2018-2027) ($MN)
143 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Yield Monitoring (2018-2027) ($MN)
144 Middle East & Africa Automotive Telematics Insurance Market Outlook, By Soil Monitoring  (2018-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


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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