Cloud Microservices Market
Cloud Microservices Market Forecasts to 2030 - Global Analysis By Type (Public Cloud, Private Cloud and Hybrid Cloud), Component, Organization Size, End User and By Geography
According to Stratistics MRC, the Global Cloud Microservices Market is accounted for $1.5 billion in 2023 and is expected to reach $6.5 billion by 2030 growing at a CAGR of 22.4% during the forecast period. Cloud microservices refer to a software architecture approach where applications are structured as a collection of loosely coupled, independently deployable services, each running in its own lightweight container and communicating with each other via APIs (Application Programming Interfaces). These services are typically designed to perform specific, well-defined functions and can be developed, deployed, and scaled independently, allowing for greater agility, flexibility, and scalability in cloud-based environments.
According to the ITU, Canada is expected to spend more than USD 16 billion on digital transformation technologies and services, supported by investments in cutting-edge technologies like cognitive/artificial intelligence (AI) systems, IoT, next-generation security, 3D printing, and robotics, which power cloud microservices.
Market Dynamics:
Driver:
Proliferation of the Microservices Architecture
The microservices architecture has witnessed widespread adoption in the cloud microservices market. Its proliferation is driven by the need for scalable, agile, and resilient systems. By breaking down applications into smaller, loosely coupled services, organizations can achieve faster development cycles, easier maintenance, and better resource utilization. Moreover, microservices align well with cloud-native principles, facilitating seamless deployment, scaling, and management in dynamic cloud environments. This trend signifies a fundamental shift towards more efficient and adaptable software development practices.
Restraint:
Security and Compliance
Security and compliance are paramount concerns in the market, where the distributed nature of services demands robust measures. With data traversing various endpoints, ensuring encryption, authentication, and access control is crucial. Compliance with industry standards like GDPR, HIPAA, and PCI DSS is non-negotiable, requiring thorough audits and monitoring. Additionally, implementing strategies like containerization and network segmentation fortifies defenses against breaches.
Opportunity:
Adoption of hybrid cloud across various end-user industries
The adoption of hybrid cloud solutions is witnessing significant traction across diverse end-user industries within the market. Industries ranging from finance and healthcare to retail and manufacturing are increasingly leveraging hybrid cloud architectures to balance the benefits of both public and private cloud environments. This approach offers enhanced flexibility, scalability, and security, catering to the unique requirements of different sectors while optimizing cost efficiency and performance.
Threat:
Lack of skilled professionals
The market faces a critical shortage of skilled professionals, impeding its growth and innovation. With the increasing demand for scalable and efficient cloud-native solutions, the scarcity of qualified individuals proficient in microservices architecture, containerization technologies, and cloud platforms poses significant challenges. Bridging this skills gap is essential to harnessing the full potential of cloud microservices, driving organizational agility, and staying competitive in the rapidly evolving digital landscape.
Covid-19 Impact:
The COVID-19 pandemic accelerated the adoption of cloud microservices as businesses sought flexible and scalable solutions to adapt to remote work and shifting market demands. Organizations increasingly turned to microservices architecture to enhance agility and resilience, enabling rapid development and deployment of applications. Additionally, the pandemic underscored the importance of cloud-native technologies in enabling digital transformation, further driving growth in the cloud microservices sector despite economic challenges.
The public cloud segment is expected to be the largest during the forecast period
The public cloud segment is expected to be the largest during the forecast period due to scalable infrastructure and services for deploying, managing, and scaling microservices-based applications. Public cloud providers offer a plethora of tools and services tailored for microservices architectures, enabling developers to focus on building and deploying applications without worrying about underlying infrastructure concerns. This has fueled the growth and adoption of cloud-native microservices solutions across industries.
The media and entertainment segment is expected to have the highest CAGR during the forecast period
The media and entertainment segment is expected to have the highest CAGR during the forecast period. This market segment focuses on delivering streaming services, content management, and personalized experiences through microservices architecture hosted on cloud platforms. By utilizing microservices, companies can efficiently manage content, optimize streaming performance, and personalize user experiences, catering to the evolving demands of digital media consumption. This trend reflects the industry's commitment to innovation and adaptation in the digital age, driving growth and competitiveness.
Region with largest share:
North America is projected to hold the largest market share during the forecast period due to increasing demand for flexible and scalable solutions. Companies across various sectors are adopting microservices architecture to enhance their application development and deployment processes. This trend is propelled by factors such as the need for faster time-to-market, improved scalability, and enhanced flexibility. With prominent players offering a diverse range of microservices solutions, the market is characterized by fierce competition and ongoing innovation, further fueling its growth trajectory.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. The region was considered one of the fastest-growing markets for cloud services, including microservices. Factors such as rapid digital transformation, increasing internet penetration, and the adoption of cloud-native technologies were driving this growth. Compliance and data sovereignty regulations varied across countries, influencing cloud adoption strategies and provider choices for organizations operating in the region.
Key players in the market
Some of the key players in Cloud Microservices market include Microsoft Corp., F5 Networks Inc., Amazon Web Services, Inc. (US), Tata Consultancy Services Ltd., Weaveworks Inc., Infosys Ltd., Oracle Corp., Salesforce.com Inc., SmartBear Software Inc., Broadcom Inc., Contino Solution Ltd., GitHub Inc., International Business Machines Corp., Macaw Software Inc., Marlabs LLC, Atos SE, Pivotal Software, Inc., Anjuna Security, Inc., CA Technologies and Geant Technology, LLC.
Key Developments:
In July 2022, Oracle announced introducing new sovereign cloud zones for the European Union in 2023. Germany and Spain will host the first two EU sovereign cloud regions, which will be logically and physically distinct from the region's current public OCI regions.
In February 2022, A multi-year Strategic Collaboration Agreement (SCA) between Amazon Web Services, Inc. and UST, a provider of solutions for digital transformation, was completed to develop industry and domain-specific solutions for healthcare, financial services, and telecom.
Types Covered:
• Public Cloud
• Private Cloud
• Hybrid Cloud
Components Covered:
• Services
• Platform
Organization Sizes Covered:
• Small and Medium Enterprises
• Large Enterprises
End Users Covered:
• Retail and eCommerce
• Media and Entertainment
• Transportation and Logistics
• Telecommunications
• Government
• Manufacturing
• Healthcare
• Other End Users
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 2021, 2022, 2023, 2026, and 2030
- 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 End User Analysis
3.7 Emerging Markets
3.8 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 Cloud Microservices Market, By Type
5.1 Introduction
5.2 Public Cloud
5.3 Private Cloud
5.4 Hybrid Cloud
6 Global Cloud Microservices Market, By Component
6.1 Introduction
6.2 Services
6.2.1 Consulting Services
6.2.2 Integration Services
6.2.3 Training, Support and Maintained Services
6.3 Platform
7 Global Cloud Microservices Market, By Organization Size
7.1 Introduction
7.2 Small and Medium Enterprises
7.3 Large Enterprises
8 Global Cloud Microservices Market, By End User
8.1 Introduction
8.2 Retail and eCommerce
8.3 Media and Entertainment
8.4 Transportation and Logistics
8.5 Telecommunications
8.6 Government
8.7 Manufacturing
8.8 Healthcare
8.9 Other End Users
9 Global Cloud Microservices Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Microsoft Corp.
11.2 F5 Networks Inc.
11.3 Amazon Web Services, Inc. (US)
11.4 Tata Consultancy Services Ltd.
11.5 Weaveworks Inc.
11.6 Infosys Ltd.
11.7 Oracle Corp.
11.8 Salesforce.com Inc.
11.9 SmartBear Software Inc.
11.10 Broadcom Inc.
11.11 Contino Solution Ltd.
11.12 GitHub Inc.
11.13 International Business Machines Corp.
11.14 Macaw Software Inc.
11.15 Marlabs LLC
11.16 Atos SE
11.17 Pivotal Software, Inc.
11.18 Anjuna Security, Inc.
11.19 CA Technologies
11.20 Geant Technology, LLC
List of Tables
1 Global Cloud Microservices Market Outlook, By Region (2021-2030) ($MN)
2 Global Cloud Microservices Market Outlook, By Type (2021-2030) ($MN)
3 Global Cloud Microservices Market Outlook, By Public Cloud (2021-2030) ($MN)
4 Global Cloud Microservices Market Outlook, By Private Cloud (2021-2030) ($MN)
5 Global Cloud Microservices Market Outlook, By Hybrid Cloud (2021-2030) ($MN)
6 Global Cloud Microservices Market Outlook, By Component (2021-2030) ($MN)
7 Global Cloud Microservices Market Outlook, By Services (2021-2030) ($MN)
8 Global Cloud Microservices Market Outlook, By Consulting Services (2021-2030) ($MN)
9 Global Cloud Microservices Market Outlook, By Integration Services (2021-2030) ($MN)
10 Global Cloud Microservices Market Outlook, By Training, Support and Maintained Services (2021-2030) ($MN)
11 Global Cloud Microservices Market Outlook, By Platform (2021-2030) ($MN)
12 Global Cloud Microservices Market Outlook, By Organization Size (2021-2030) ($MN)
13 Global Cloud Microservices Market Outlook, By Small and Medium Enterprises (2021-2030) ($MN)
14 Global Cloud Microservices Market Outlook, By Large Enterprises (2021-2030) ($MN)
15 Global Cloud Microservices Market Outlook, By End User (2021-2030) ($MN)
16 Global Cloud Microservices Market Outlook, By Retail and eCommerce (2021-2030) ($MN)
17 Global Cloud Microservices Market Outlook, By Media and Entertainment (2021-2030) ($MN)
18 Global Cloud Microservices Market Outlook, By Transportation and Logistics (2021-2030) ($MN)
19 Global Cloud Microservices Market Outlook, By Telecommunications (2021-2030) ($MN)
20 Global Cloud Microservices Market Outlook, By Government (2021-2030) ($MN)
21 Global Cloud Microservices Market Outlook, By Manufacturing (2021-2030) ($MN)
22 Global Cloud Microservices Market Outlook, By Healthcare (2021-2030) ($MN)
23 Global Cloud Microservices Market Outlook, By Other End Users (2021-2030) ($MN)
24 North America Cloud Microservices Market Outlook, By Country (2021-2030) ($MN)
25 North America Cloud Microservices Market Outlook, By Type (2021-2030) ($MN)
26 North America Cloud Microservices Market Outlook, By Public Cloud (2021-2030) ($MN)
27 North America Cloud Microservices Market Outlook, By Private Cloud (2021-2030) ($MN)
28 North America Cloud Microservices Market Outlook, By Hybrid Cloud (2021-2030) ($MN)
29 North America Cloud Microservices Market Outlook, By Component (2021-2030) ($MN)
30 North America Cloud Microservices Market Outlook, By Services (2021-2030) ($MN)
31 North America Cloud Microservices Market Outlook, By Consulting Services (2021-2030) ($MN)
32 North America Cloud Microservices Market Outlook, By Integration Services (2021-2030) ($MN)
33 North America Cloud Microservices Market Outlook, By Training, Support and Maintained Services (2021-2030) ($MN)
34 North America Cloud Microservices Market Outlook, By Platform (2021-2030) ($MN)
35 North America Cloud Microservices Market Outlook, By Organization Size (2021-2030) ($MN)
36 North America Cloud Microservices Market Outlook, By Small and Medium Enterprises (2021-2030) ($MN)
37 North America Cloud Microservices Market Outlook, By Large Enterprises (2021-2030) ($MN)
38 North America Cloud Microservices Market Outlook, By End User (2021-2030) ($MN)
39 North America Cloud Microservices Market Outlook, By Retail and eCommerce (2021-2030) ($MN)
40 North America Cloud Microservices Market Outlook, By Media and Entertainment (2021-2030) ($MN)
41 North America Cloud Microservices Market Outlook, By Transportation and Logistics (2021-2030) ($MN)
42 North America Cloud Microservices Market Outlook, By Telecommunications (2021-2030) ($MN)
43 North America Cloud Microservices Market Outlook, By Government (2021-2030) ($MN)
44 North America Cloud Microservices Market Outlook, By Manufacturing (2021-2030) ($MN)
45 North America Cloud Microservices Market Outlook, By Healthcare (2021-2030) ($MN)
46 North America Cloud Microservices Market Outlook, By Other End Users (2021-2030) ($MN)
47 Europe Cloud Microservices Market Outlook, By Country (2021-2030) ($MN)
48 Europe Cloud Microservices Market Outlook, By Type (2021-2030) ($MN)
49 Europe Cloud Microservices Market Outlook, By Public Cloud (2021-2030) ($MN)
50 Europe Cloud Microservices Market Outlook, By Private Cloud (2021-2030) ($MN)
51 Europe Cloud Microservices Market Outlook, By Hybrid Cloud (2021-2030) ($MN)
52 Europe Cloud Microservices Market Outlook, By Component (2021-2030) ($MN)
53 Europe Cloud Microservices Market Outlook, By Services (2021-2030) ($MN)
54 Europe Cloud Microservices Market Outlook, By Consulting Services (2021-2030) ($MN)
55 Europe Cloud Microservices Market Outlook, By Integration Services (2021-2030) ($MN)
56 Europe Cloud Microservices Market Outlook, By Training, Support and Maintained Services (2021-2030) ($MN)
57 Europe Cloud Microservices Market Outlook, By Platform (2021-2030) ($MN)
58 Europe Cloud Microservices Market Outlook, By Organization Size (2021-2030) ($MN)
59 Europe Cloud Microservices Market Outlook, By Small and Medium Enterprises (2021-2030) ($MN)
60 Europe Cloud Microservices Market Outlook, By Large Enterprises (2021-2030) ($MN)
61 Europe Cloud Microservices Market Outlook, By End User (2021-2030) ($MN)
62 Europe Cloud Microservices Market Outlook, By Retail and eCommerce (2021-2030) ($MN)
63 Europe Cloud Microservices Market Outlook, By Media and Entertainment (2021-2030) ($MN)
64 Europe Cloud Microservices Market Outlook, By Transportation and Logistics (2021-2030) ($MN)
65 Europe Cloud Microservices Market Outlook, By Telecommunications (2021-2030) ($MN)
66 Europe Cloud Microservices Market Outlook, By Government (2021-2030) ($MN)
67 Europe Cloud Microservices Market Outlook, By Manufacturing (2021-2030) ($MN)
68 Europe Cloud Microservices Market Outlook, By Healthcare (2021-2030) ($MN)
69 Europe Cloud Microservices Market Outlook, By Other End Users (2021-2030) ($MN)
70 Asia Pacific Cloud Microservices Market Outlook, By Country (2021-2030) ($MN)
71 Asia Pacific Cloud Microservices Market Outlook, By Type (2021-2030) ($MN)
72 Asia Pacific Cloud Microservices Market Outlook, By Public Cloud (2021-2030) ($MN)
73 Asia Pacific Cloud Microservices Market Outlook, By Private Cloud (2021-2030) ($MN)
74 Asia Pacific Cloud Microservices Market Outlook, By Hybrid Cloud (2021-2030) ($MN)
75 Asia Pacific Cloud Microservices Market Outlook, By Component (2021-2030) ($MN)
76 Asia Pacific Cloud Microservices Market Outlook, By Services (2021-2030) ($MN)
77 Asia Pacific Cloud Microservices Market Outlook, By Consulting Services (2021-2030) ($MN)
78 Asia Pacific Cloud Microservices Market Outlook, By Integration Services (2021-2030) ($MN)
79 Asia Pacific Cloud Microservices Market Outlook, By Training, Support and Maintained Services (2021-2030) ($MN)
80 Asia Pacific Cloud Microservices Market Outlook, By Platform (2021-2030) ($MN)
81 Asia Pacific Cloud Microservices Market Outlook, By Organization Size (2021-2030) ($MN)
82 Asia Pacific Cloud Microservices Market Outlook, By Small and Medium Enterprises (2021-2030) ($MN)
83 Asia Pacific Cloud Microservices Market Outlook, By Large Enterprises (2021-2030) ($MN)
84 Asia Pacific Cloud Microservices Market Outlook, By End User (2021-2030) ($MN)
85 Asia Pacific Cloud Microservices Market Outlook, By Retail and eCommerce (2021-2030) ($MN)
86 Asia Pacific Cloud Microservices Market Outlook, By Media and Entertainment (2021-2030) ($MN)
87 Asia Pacific Cloud Microservices Market Outlook, By Transportation and Logistics (2021-2030) ($MN)
88 Asia Pacific Cloud Microservices Market Outlook, By Telecommunications (2021-2030) ($MN)
89 Asia Pacific Cloud Microservices Market Outlook, By Government (2021-2030) ($MN)
90 Asia Pacific Cloud Microservices Market Outlook, By Manufacturing (2021-2030) ($MN)
91 Asia Pacific Cloud Microservices Market Outlook, By Healthcare (2021-2030) ($MN)
92 Asia Pacific Cloud Microservices Market Outlook, By Other End Users (2021-2030) ($MN)
93 South America Cloud Microservices Market Outlook, By Country (2021-2030) ($MN)
94 South America Cloud Microservices Market Outlook, By Type (2021-2030) ($MN)
95 South America Cloud Microservices Market Outlook, By Public Cloud (2021-2030) ($MN)
96 South America Cloud Microservices Market Outlook, By Private Cloud (2021-2030) ($MN)
97 South America Cloud Microservices Market Outlook, By Hybrid Cloud (2021-2030) ($MN)
98 South America Cloud Microservices Market Outlook, By Component (2021-2030) ($MN)
99 South America Cloud Microservices Market Outlook, By Services (2021-2030) ($MN)
100 South America Cloud Microservices Market Outlook, By Consulting Services (2021-2030) ($MN)
101 South America Cloud Microservices Market Outlook, By Integration Services (2021-2030) ($MN)
102 South America Cloud Microservices Market Outlook, By Training, Support and Maintained Services (2021-2030) ($MN)
103 South America Cloud Microservices Market Outlook, By Platform (2021-2030) ($MN)
104 South America Cloud Microservices Market Outlook, By Organization Size (2021-2030) ($MN)
105 South America Cloud Microservices Market Outlook, By Small and Medium Enterprises (2021-2030) ($MN)
106 South America Cloud Microservices Market Outlook, By Large Enterprises (2021-2030) ($MN)
107 South America Cloud Microservices Market Outlook, By End User (2021-2030) ($MN)
108 South America Cloud Microservices Market Outlook, By Retail and eCommerce (2021-2030) ($MN)
109 South America Cloud Microservices Market Outlook, By Media and Entertainment (2021-2030) ($MN)
110 South America Cloud Microservices Market Outlook, By Transportation and Logistics (2021-2030) ($MN)
111 South America Cloud Microservices Market Outlook, By Telecommunications (2021-2030) ($MN)
112 South America Cloud Microservices Market Outlook, By Government (2021-2030) ($MN)
113 South America Cloud Microservices Market Outlook, By Manufacturing (2021-2030) ($MN)
114 South America Cloud Microservices Market Outlook, By Healthcare (2021-2030) ($MN)
115 South America Cloud Microservices Market Outlook, By Other End Users (2021-2030) ($MN)
116 Middle East & Africa Cloud Microservices Market Outlook, By Country (2021-2030) ($MN)
117 Middle East & Africa Cloud Microservices Market Outlook, By Type (2021-2030) ($MN)
118 Middle East & Africa Cloud Microservices Market Outlook, By Public Cloud (2021-2030) ($MN)
119 Middle East & Africa Cloud Microservices Market Outlook, By Private Cloud (2021-2030) ($MN)
120 Middle East & Africa Cloud Microservices Market Outlook, By Hybrid Cloud (2021-2030) ($MN)
121 Middle East & Africa Cloud Microservices Market Outlook, By Component (2021-2030) ($MN)
122 Middle East & Africa Cloud Microservices Market Outlook, By Services (2021-2030) ($MN)
123 Middle East & Africa Cloud Microservices Market Outlook, By Consulting Services (2021-2030) ($MN)
124 Middle East & Africa Cloud Microservices Market Outlook, By Integration Services (2021-2030) ($MN)
125 Middle East & Africa Cloud Microservices Market Outlook, By Training, Support and Maintained Services (2021-2030) ($MN)
126 Middle East & Africa Cloud Microservices Market Outlook, By Platform (2021-2030) ($MN)
127 Middle East & Africa Cloud Microservices Market Outlook, By Organization Size (2021-2030) ($MN)
128 Middle East & Africa Cloud Microservices Market Outlook, By Small and Medium Enterprises (2021-2030) ($MN)
129 Middle East & Africa Cloud Microservices Market Outlook, By Large Enterprises (2021-2030) ($MN)
130 Middle East & Africa Cloud Microservices Market Outlook, By End User (2021-2030) ($MN)
131 Middle East & Africa Cloud Microservices Market Outlook, By Retail and eCommerce (2021-2030) ($MN)
132 Middle East & Africa Cloud Microservices Market Outlook, By Media and Entertainment (2021-2030) ($MN)
133 Middle East & Africa Cloud Microservices Market Outlook, By Transportation and Logistics (2021-2030) ($MN)
134 Middle East & Africa Cloud Microservices Market Outlook, By Telecommunications (2021-2030) ($MN)
135 Middle East & Africa Cloud Microservices Market Outlook, By Government (2021-2030) ($MN)
136 Middle East & Africa Cloud Microservices Market Outlook, By Manufacturing (2021-2030) ($MN)
137 Middle East & Africa Cloud Microservices Market Outlook, By Healthcare (2021-2030) ($MN)
138 Middle East & Africa Cloud Microservices Market Outlook, By Other End Users (2021-2030) ($MN)
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
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
