Patch Management Market
Patch Management - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Patch Management market accounted for $522.62 million in 2018 and is expected to reach $1,532.87 million by 2027 growing at a CAGR of 12.7% during the forecast period. Some of the key factors such as increasing demand for up-to-date applications and ideal government rules & guidelines are driving the market growth. However, low priority of vulnerability remediation act as the restraining factors for the market growth. Moreover, developing market for mobile and web platforms and increased rupture of data and instabilities emerging out of inappropriate execution of patching solutions will provide ample opportunities for the growth of the market.
Patch management is essential for the testing and installation of various changes in the code to existing application or software tools. The procedure ensures repair of system vulnerabilities found post-release of the infrastructure segments. It is a service generally delivered by software companies. The software companies offer these services in order to fix bugs. Various versions of the software are offered to evaluate the current bugs and identify a security hole. They are detected only after the initial release of a software program and patches assist in correcting these bugs. On certain occasions, patches are installed to improve certain functionalities of the program.
By deployment, On-premises segment is going to have a lucrative growth during the forecast period. On-premises solutions provide organizations with full control over all their foundations, applications, frameworks, and data, which can be taken care of and managed by their own IT staff. The organizations where user credentials are critical for business activities would prefer this deployment, as it gives them the flexibility to control their IT frameworks. By geography, Europe is likely to have a huge demand due to the high growth in emerging countries such as UK, Germany, and France in regards to the advantages of patching, combined with an expansion in the number of applications and Operating System (OS), has led to the market growth in the region.
Some of the key players in this market include Microsoft, IBM, Symantec, ManageEngine, a Division of Zoho Corporation, Avast, Chef Software, Automox, SolarWinds, Ivanti, SysAid Technologies, GFI Languard Software, Micro Focus, Qualys, ConnectWise and Jamf.
Services Covered:
• Training and Education
• Support and Integration
• Consulting
Components Covered:
• Patch Management Software
• Patch Management Services
Deployments Covered:
• Cloud
• On-Premises
Features Covered:
• Compliance Management and Reporting
• Vulnerability Management
Applications Covered:
• Personal computer (PC) Terminal
• Mobile Terminal
End Users Covered:
• Banking, Financial Services, and Insurance
• Government and Defense
• Retail
• Education
• Information Technology (IT) and Telecom
• 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 2017, 2018, 2019, 2023 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 clients interest (Note: Depends of 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 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
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 Patch Management Market, By Service
5.1 Introduction
5.2 Training and Education
5.3 Support and Integration
5.4 Consulting
6 Global Patch Management Market, By Component
6.1 Introduction
6.2 Patch Management Software
6.3 Patch Management Services
7 Global Patch Management Market, By Deployment
7.1 Introduction
7.2 Cloud
7.3 On-Premises
8 Global Patch Management Market, By Feature
8.1 Introduction
8.2 Compliance Management and Reporting
8.3 Vulnerability Management
9 Global Patch Management Market, By Application
9.1 Introduction
9.2 Personal computer (PC) Terminal
9.3 Mobile Terminal
10 Global Patch Management Market, By End User
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.3 Government and Defense
10.4 Retail
10.5 Education
10.6 Information Technology (IT) and Telecom
10.7 Healthcare
10.8 Other End Users
10.8.1 Energy and Utilities
10.8.2 Transportation
10.8.3 Media and Entertainment
10.8.4 Manufacturing
11 Global Patch Management 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 Microsoft
13.2 IBM
13.3 Symantec
13.4 ManageEngine, a Division of Zoho Corporation
13.5 Avast
13.6 Chef Software
13.7 Automox
13.8 SolarWinds
13.9 Ivanti
13.10 SysAid Technologies
13.11 GFI Languard Software
13.12 Micro Focus
13.13 Qualys
13.14 ConnectWise
13.15 Jamf
List of Tables
1 Global Patch Management Market Outlook, By Region (2017-2027) (US $MN)
2 Global Patch Management Market Outlook, By Service (2017-2027) (US $MN)
3 Global Patch Management Market Outlook, By Training and Education (2017-2027) (US $MN)
4 Global Patch Management Market Outlook, By Support and Integration (2017-2027) (US $MN)
5 Global Patch Management Market Outlook, By Consulting (2017-2027) (US $MN)
6 Global Patch Management Market Outlook, By Component (2017-2027) (US $MN)
7 Global Patch Management Market Outlook, By Patch Management Software (2017-2027) (US $MN)
8 Global Patch Management Market Outlook, By Patch Management Services (2017-2027) (US $MN)
9 Global Patch Management Market Outlook, By Deployment (2017-2027) (US $MN)
10 Global Patch Management Market Outlook, By Cloud (2017-2027) (US $MN)
11 Global Patch Management Market Outlook, By On-Premises (2017-2027) (US $MN)
12 Global Patch Management Market Outlook, By Feature (2017-2027) (US $MN)
13 Global Patch Management Market Outlook, By Compliance Management and Reporting (2017-2027) (US $MN)
14 Global Patch Management Market Outlook, By Vulnerability Management (2017-2027) (US $MN)
15 Global Patch Management Market Outlook, By Application (2017-2027) (US $MN)
16 Global Patch Management Market Outlook, By Personal computer (PC) Terminal (2017-2027) (US $MN)
17 Global Patch Management Market Outlook, By Mobile Terminal (2017-2027) (US $MN)
18 Global Patch Management Market Outlook, By End User (2017-2027) (US $MN)
19 Global Patch Management Market Outlook, By Banking, Financial Services, and Insurance (2017-2027) (US $MN)
20 Global Patch Management Market Outlook, By Government and Defense (2017-2027) (US $MN)
21 Global Patch Management Market Outlook, By Retail (2017-2027) (US $MN)
22 Global Patch Management Market Outlook, By Education (2017-2027) (US $MN)
23 Global Patch Management Market Outlook, By Information Technology (IT) and Telecom (2017-2027) (US $MN)
24 Global Patch Management Market Outlook, By Healthcare (2017-2027) (US $MN)
25 Global Patch Management Market Outlook, By Other End Users (2017-2027) (US $MN)
26 Global Patch Management Market Outlook, By Energy and Utilities (2017-2027) (US $MN)
27 Global Patch Management Market Outlook, By Transportation (2017-2027) (US $MN)
28 Global Patch Management Market Outlook, By Media and Entertainment (2017-2027) (US $MN)
29 Global Patch Management Market Outlook, By Manufacturing (2017-2027) (US $MN)
30 North America Patch Management Market Outlook, By Country (2017-2027) (US $MN)
31 North America Patch Management Market Outlook, By Service (2017-2027) (US $MN)
32 North America Patch Management Market Outlook, By Training and Education (2017-2027) (US $MN)
33 North America Patch Management Market Outlook, By Support and Integration (2017-2027) (US $MN)
34 North America Patch Management Market Outlook, By Consulting (2017-2027) (US $MN)
35 North America Patch Management Market Outlook, By Component (2017-2027) (US $MN)
36 North America Patch Management Market Outlook, By Patch Management Software (2017-2027) (US $MN)
37 North America Patch Management Market Outlook, By Patch Management Services (2017-2027) (US $MN)
38 North America Patch Management Market Outlook, By Deployment (2017-2027) (US $MN)
39 North America Patch Management Market Outlook, By Cloud (2017-2027) (US $MN)
40 North America Patch Management Market Outlook, By On-Premises (2017-2027) (US $MN)
41 North America Patch Management Market Outlook, By Feature (2017-2027) (US $MN)
42 North America Patch Management Market Outlook, By Compliance Management and Reporting (2017-2027) (US $MN)
43 North America Patch Management Market Outlook, By Vulnerability Management (2017-2027) (US $MN)
44 North America Patch Management Market Outlook, By Application (2017-2027) (US $MN)
45 North America Patch Management Market Outlook, By Personal computer (PC) Terminal (2017-2027) (US $MN)
46 North America Patch Management Market Outlook, By Mobile Terminal (2017-2027) (US $MN)
47 North America Patch Management Market Outlook, By End User (2017-2027) (US $MN)
48 North America Patch Management Market Outlook, By Banking, Financial Services, and Insurance (2017-2027) (US $MN)
49 North America Patch Management Market Outlook, By Government and Defense (2017-2027) (US $MN)
50 North America Patch Management Market Outlook, By Retail (2017-2027) (US $MN)
51 North America Patch Management Market Outlook, By Education (2017-2027) (US $MN)
52 North America Patch Management Market Outlook, By Information Technology (IT) and Telecom (2017-2027) (US $MN)
53 North America Patch Management Market Outlook, By Healthcare (2017-2027) (US $MN)
54 North America Patch Management Market Outlook, By Other End Users (2017-2027) (US $MN)
55 North America Patch Management Market Outlook, By Energy and Utilities (2017-2027) (US $MN)
56 North America Patch Management Market Outlook, By Transportation (2017-2027) (US $MN)
57 North America Patch Management Market Outlook, By Media and Entertainment (2017-2027) (US $MN)
58 North America Patch Management Market Outlook, By Manufacturing (2017-2027) (US $MN)
59 Europe Patch Management Market Outlook, By Country (2017-2027) (US $MN)
60 Europe Patch Management Market Outlook, By Service (2017-2027) (US $MN)
61 Europe Patch Management Market Outlook, By Training and Education (2017-2027) (US $MN)
62 Europe Patch Management Market Outlook, By Support and Integration (2017-2027) (US $MN)
63 Europe Patch Management Market Outlook, By Consulting (2017-2027) (US $MN)
64 Europe Patch Management Market Outlook, By Component (2017-2027) (US $MN)
65 Europe Patch Management Market Outlook, By Patch Management Software (2017-2027) (US $MN)
66 Europe Patch Management Market Outlook, By Patch Management Services (2017-2027) (US $MN)
67 Europe Patch Management Market Outlook, By Deployment (2017-2027) (US $MN)
68 Europe Patch Management Market Outlook, By Cloud (2017-2027) (US $MN)
69 Europe Patch Management Market Outlook, By On-Premises (2017-2027) (US $MN)
70 Europe Patch Management Market Outlook, By Feature (2017-2027) (US $MN)
71 Europe Patch Management Market Outlook, By Compliance Management and Reporting (2017-2027) (US $MN)
72 Europe Patch Management Market Outlook, By Vulnerability Management (2017-2027) (US $MN)
73 Europe Patch Management Market Outlook, By Application (2017-2027) (US $MN)
74 Europe Patch Management Market Outlook, By Personal computer (PC) Terminal (2017-2027) (US $MN)
75 Europe Patch Management Market Outlook, By Mobile Terminal (2017-2027) (US $MN)
76 Europe Patch Management Market Outlook, By End User (2017-2027) (US $MN)
77 Europe Patch Management Market Outlook, By Banking, Financial Services, and Insurance (2017-2027) (US $MN)
78 Europe Patch Management Market Outlook, By Government and Defense (2017-2027) (US $MN)
79 Europe Patch Management Market Outlook, By Retail (2017-2027) (US $MN)
80 Europe Patch Management Market Outlook, By Education (2017-2027) (US $MN)
81 Europe Patch Management Market Outlook, By Information Technology (IT) and Telecom (2017-2027) (US $MN)
82 Europe Patch Management Market Outlook, By Healthcare (2017-2027) (US $MN)
83 Europe Patch Management Market Outlook, By Other End Users (2017-2027) (US $MN)
84 Europe Patch Management Market Outlook, By Energy and Utilities (2017-2027) (US $MN)
85 Europe Patch Management Market Outlook, By Transportation (2017-2027) (US $MN)
86 Europe Patch Management Market Outlook, By Media and Entertainment (2017-2027) (US $MN)
87 Europe Patch Management Market Outlook, By Manufacturing (2017-2027) (US $MN)
88 Asia Pacific Patch Management Market Outlook, By Country (2017-2027) (US $MN)
89 Asia Pacific Patch Management Market Outlook, By Service (2017-2027) (US $MN)
90 Asia Pacific Patch Management Market Outlook, By Training and Education (2017-2027) (US $MN)
91 Asia Pacific Patch Management Market Outlook, By Support and Integration (2017-2027) (US $MN)
92 Asia Pacific Patch Management Market Outlook, By Consulting (2017-2027) (US $MN)
93 Asia Pacific Patch Management Market Outlook, By Component (2017-2027) (US $MN)
94 Asia Pacific Patch Management Market Outlook, By Patch Management Software (2017-2027) (US $MN)
95 Asia Pacific Patch Management Market Outlook, By Patch Management Services (2017-2027) (US $MN)
96 Asia Pacific Patch Management Market Outlook, By Deployment (2017-2027) (US $MN)
97 Asia Pacific Patch Management Market Outlook, By Cloud (2017-2027) (US $MN)
98 Asia Pacific Patch Management Market Outlook, By On-Premises (2017-2027) (US $MN)
99 Asia Pacific Patch Management Market Outlook, By Feature (2017-2027) (US $MN)
100 Asia Pacific Patch Management Market Outlook, By Compliance Management and Reporting (2017-2027) (US $MN)
101 Asia Pacific Patch Management Market Outlook, By Vulnerability Management (2017-2027) (US $MN)
102 Asia Pacific Patch Management Market Outlook, By Application (2017-2027) (US $MN)
103 Asia Pacific Patch Management Market Outlook, By Personal computer (PC) Terminal (2017-2027) (US $MN)
104 Asia Pacific Patch Management Market Outlook, By Mobile Terminal (2017-2027) (US $MN)
105 Asia Pacific Patch Management Market Outlook, By End User (2017-2027) (US $MN)
106 Asia Pacific Patch Management Market Outlook, By Banking, Financial Services, and Insurance (2017-2027) (US $MN)
107 Asia Pacific Patch Management Market Outlook, By Government and Defense (2017-2027) (US $MN)
108 Asia Pacific Patch Management Market Outlook, By Retail (2017-2027) (US $MN)
109 Asia Pacific Patch Management Market Outlook, By Education (2017-2027) (US $MN)
110 Asia Pacific Patch Management Market Outlook, By Information Technology (IT) and Telecom (2017-2027) (US $MN)
111 Asia Pacific Patch Management Market Outlook, By Healthcare (2017-2027) (US $MN)
112 Asia Pacific Patch Management Market Outlook, By Other End Users (2017-2027) (US $MN)
113 Asia Pacific Patch Management Market Outlook, By Energy and Utilities (2017-2027) (US $MN)
114 Asia Pacific Patch Management Market Outlook, By Transportation (2017-2027) (US $MN)
115 Asia Pacific Patch Management Market Outlook, By Media and Entertainment (2017-2027) (US $MN)
116 Asia Pacific Patch Management Market Outlook, By Manufacturing (2017-2027) (US $MN)
117 South America Patch Management Market Outlook, By Country (2017-2027) (US $MN)
118 South America Patch Management Market Outlook, By Service (2017-2027) (US $MN)
119 South America Patch Management Market Outlook, By Training and Education (2017-2027) (US $MN)
120 South America Patch Management Market Outlook, By Support and Integration (2017-2027) (US $MN)
121 South America Patch Management Market Outlook, By Consulting (2017-2027) (US $MN)
122 South America Patch Management Market Outlook, By Component (2017-2027) (US $MN)
123 South America Patch Management Market Outlook, By Patch Management Software (2017-2027) (US $MN)
124 South America Patch Management Market Outlook, By Patch Management Services (2017-2027) (US $MN)
125 South America Patch Management Market Outlook, By Deployment (2017-2027) (US $MN)
126 South America Patch Management Market Outlook, By Cloud (2017-2027) (US $MN)
127 South America Patch Management Market Outlook, By On-Premises (2017-2027) (US $MN)
128 South America Patch Management Market Outlook, By Feature (2017-2027) (US $MN)
129 South America Patch Management Market Outlook, By Compliance Management and Reporting (2017-2027) (US $MN)
130 South America Patch Management Market Outlook, By Vulnerability Management (2017-2027) (US $MN)
131 South America Patch Management Market Outlook, By Application (2017-2027) (US $MN)
132 South America Patch Management Market Outlook, By Personal computer (PC) Terminal (2017-2027) (US $MN)
133 South America Patch Management Market Outlook, By Mobile Terminal (2017-2027) (US $MN)
134 South America Patch Management Market Outlook, By End User (2017-2027) (US $MN)
135 South America Patch Management Market Outlook, By Banking, Financial Services, and Insurance (2017-2027) (US $MN)
136 South America Patch Management Market Outlook, By Government and Defense (2017-2027) (US $MN)
137 South America Patch Management Market Outlook, By Retail (2017-2027) (US $MN)
138 South America Patch Management Market Outlook, By Education (2017-2027) (US $MN)
139 South America Patch Management Market Outlook, By Information Technology (IT) and Telecom (2017-2027) (US $MN)
140 South America Patch Management Market Outlook, By Healthcare (2017-2027) (US $MN)
141 South America Patch Management Market Outlook, By Other End Users (2017-2027) (US $MN)
142 South America Patch Management Market Outlook, By Energy and Utilities (2017-2027) (US $MN)
143 South America Patch Management Market Outlook, By Transportation (2017-2027) (US $MN)
144 South America Patch Management Market Outlook, By Media and Entertainment (2017-2027) (US $MN)
145 South America Patch Management Market Outlook, By Manufacturing (2017-2027) (US $MN)
146 Middle East & Africa Patch Management Market Outlook, By Country (2017-2027) (US $MN)
147 Middle East & Africa Patch Management Market Outlook, By Service (2017-2027) (US $MN)
148 Middle East & Africa Patch Management Market Outlook, By Training and Education (2017-2027) (US $MN)
149 Middle East & Africa Patch Management Market Outlook, By Support and Integration (2017-2027) (US $MN)
150 Middle East & Africa Patch Management Market Outlook, By Consulting (2017-2027) (US $MN)
151 Middle East & Africa Patch Management Market Outlook, By Component (2017-2027) (US $MN)
152 Middle East & Africa Patch Management Market Outlook, By Patch Management Software (2017-2027) (US $MN)
153 Middle East & Africa Patch Management Market Outlook, By Patch Management Services (2017-2027) (US $MN)
154 Middle East & Africa Patch Management Market Outlook, By Deployment (2017-2027) (US $MN)
155 Middle East & Africa Patch Management Market Outlook, By Cloud (2017-2027) (US $MN)
156 Middle East & Africa Patch Management Market Outlook, By On-Premises (2017-2027) (US $MN)
157 Middle East & Africa Patch Management Market Outlook, By Feature (2017-2027) (US $MN)
158 Middle East & Africa Patch Management Market Outlook, By Compliance Management and Reporting (2017-2027) (US $MN)
159 Middle East & Africa Patch Management Market Outlook, By Vulnerability Management (2017-2027) (US $MN)
160 Middle East & Africa Patch Management Market Outlook, By Application (2017-2027) (US $MN)
161 Middle East & Africa Patch Management Market Outlook, By Personal computer (PC) Terminal (2017-2027) (US $MN)
162 Middle East & Africa Patch Management Market Outlook, By Mobile Terminal (2017-2027) (US $MN)
163 Middle East & Africa Patch Management Market Outlook, By End User (2017-2027) (US $MN)
164 Middle East & Africa Patch Management Market Outlook, By Banking, Financial Services, and Insurance (2017-2027) (US $MN)
165 Middle East & Africa Patch Management Market Outlook, By Government and Defense (2017-2027) (US $MN)
166 Middle East & Africa Patch Management Market Outlook, By Retail (2017-2027) (US $MN)
167 Middle East & Africa Patch Management Market Outlook, By Education (2017-2027) (US $MN)
168 Middle East & Africa Patch Management Market Outlook, By Information Technology (IT) and Telecom (2017-2027) (US $MN)
169 Middle East & Africa Patch Management Market Outlook, By Healthcare (2017-2027) (US $MN)
170 Middle East & Africa Patch Management Market Outlook, By Other End Users (2017-2027) (US $MN)
171 Middle East & Africa Patch Management Market Outlook, By Energy and Utilities (2017-2027) (US $MN)
172 Middle East & Africa Patch Management Market Outlook, By Transportation (2017-2027) (US $MN)
173 Middle East & Africa Patch Management Market Outlook, By Media and Entertainment (2017-2027) (US $MN)
174 Middle East & Africa Patch Management Market Outlook, By Manufacturing (2017-2027) (US $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
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