Global Artificial Intelligence Products Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 2/24/2023
- NO OF PAGES
- 280
- CATEGORY
- Information Technology
Artificial Intelligence Products market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.
Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Artificial Intelligence Products market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Artificial Intelligence Products manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Artificial Intelligence Products market covering all its essential aspects.
Global Artificial Intelligence Products Market: Segmentations
Global Artificial Intelligence Products Market: Major Players
MicroStrategy Inc.
Open AI
Rocket Fuel Inc.
QlikTech International AB
IBM
Fingenius Ltd.
Nuance's
IntelliResponse Systems Inc.
Nuance Communications
Microsoft Corp.
NEC
eGain Corporation.
Next IT Corporation
Ipsoft
Brighterion Inc.
Google
Global Artificial Intelligence Products Market: By Types
Hardware
Software
Services
Global Artificial Intelligence Products Market: By Applications
Medical
Media & Advertising
BFSI
IT & Telecom
Retail
Others (Automotive, Agriculture, and Educational Institutions)
Global Artificial Intelligence Products Market: Regional Analysis
The countries covered in the regional analysis of the Global Artificial Intelligence Products market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Artificial Intelligence Products market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Artificial Intelligence Products would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Artificial Intelligence Products Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Artificial Intelligence Products market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Artificial Intelligence Products manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Artificial Intelligence Products market covering all its essential aspects.
Global Artificial Intelligence Products Market: Segmentations
Global Artificial Intelligence Products Market: Major Players
MicroStrategy Inc.
Open AI
Rocket Fuel Inc.
QlikTech International AB
IBM
Fingenius Ltd.
Nuance's
IntelliResponse Systems Inc.
Nuance Communications
Microsoft Corp.
NEC
eGain Corporation.
Next IT Corporation
Ipsoft
Brighterion Inc.
Global Artificial Intelligence Products Market: By Types
Hardware
Software
Services
Global Artificial Intelligence Products Market: By Applications
Medical
Media & Advertising
BFSI
IT & Telecom
Retail
Others (Automotive, Agriculture, and Educational Institutions)
Global Artificial Intelligence Products Market: Regional Analysis
The countries covered in the regional analysis of the Global Artificial Intelligence Products market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Artificial Intelligence Products market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Artificial Intelligence Products would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Artificial Intelligence Products Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1 Artificial Intelligence Products Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Artificial Intelligence Products
1.3 Artificial Intelligence Products Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Artificial Intelligence Products Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Artificial Intelligence Products
1.4.2 Applications of Artificial Intelligence Products
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Artificial Intelligence Products Industry Trends
1.5.2 Artificial Intelligence Products Drivers
1.5.3 Artificial Intelligence Products Market Challenges
1.5.4 Artificial Intelligence Products Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Artificial Intelligence Products Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Artificial Intelligence Products Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Artificial Intelligence Products Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Artificial Intelligence Products
2.2.1 Major Players Manufacturing Base of Artificial Intelligence Products in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Artificial Intelligence Products Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Artificial Intelligence Products
2.3.3 Labor Cost of Artificial Intelligence Products
2.4 Market Channel Analysis of Artificial Intelligence Products
2.5 Major Down Stream Customers by Application
3 Global Artificial Intelligence Products Market, by Type
3.1 Global Artificial Intelligence Products Revenue and Market Share by Type (2016-2021)
3.2 Global Artificial Intelligence Products Production and Market Share by Type (2016-2021)
3.3 Global Artificial Intelligence Products Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Artificial Intelligence Products Revenue and Growth Rate of Hardware
3.3.2 Global Artificial Intelligence Products Revenue and Growth Rate of Software
3.3.3 Global Artificial Intelligence Products Revenue and Growth Rate of Services
3.4 Global Artificial Intelligence Products Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Artificial Intelligence Products Market, by Application
4.1 Downstream Market Overview
4.2 Global Artificial Intelligence Products Consumption and Market Share by Application (2016-2021)
4.3 Global Artificial Intelligence Products Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Artificial Intelligence Products Consumption and Growth Rate of Medical (2016-2021)
4.3.2 Global Artificial Intelligence Products Consumption and Growth Rate of Media & Advertising (2016-2021)
4.3.3 Global Artificial Intelligence Products Consumption and Growth Rate of BFSI (2016-2021)
4.3.4 Global Artificial Intelligence Products Consumption and Growth Rate of IT & Telecom (2016-2021)
4.3.5 Global Artificial Intelligence Products Consumption and Growth Rate of Retail (2016-2021)
4.3.6 Global Artificial Intelligence Products Consumption and Growth Rate of Others (Automotive, Agriculture, and Educational Institutions) (2016-2021)
5 Global Artificial Intelligence Products Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Artificial Intelligence Products Revenue and Market Share by Region (2016-2021)
5.2 Global Artificial Intelligence Products Consumption and Market Share by Region (2016-2021)
5.3 Global Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Artificial Intelligence Products Market Under COVID-19
5.4.2 North America Artificial Intelligence Products SWOT Analysis
5.5 Europe Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Artificial Intelligence Products Market Under COVID-19
5.5.2 Europe Artificial Intelligence Products SWOT Analysis
5.6 China Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Artificial Intelligence Products Market Under COVID-19
5.6.2 China Artificial Intelligence Products SWOT Analysis
5.7 Japan Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Artificial Intelligence Products Market Under COVID-19
5.7.2 Japan Artificial Intelligence Products SWOT Analysis
5.8 Middle East and Africa Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Artificial Intelligence Products Market Under COVID-19
5.8.2 Middle East and Africa Artificial Intelligence Products SWOT Analysis
5.9 India Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Artificial Intelligence Products Market Under COVID-19
5.9.2 India Artificial Intelligence Products SWOT Analysis
5.10 South America Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Artificial Intelligence Products Market Under COVID-19
5.10.2 South America Artificial Intelligence Products SWOT Analysis
5.11 South Korea Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Artificial Intelligence Products Market Under COVID-19
5.11.2 South Korea Artificial Intelligence Products SWOT Analysis
5.12 Southeast Asia Artificial Intelligence Products Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Artificial Intelligence Products Market Under COVID-19
5.12.2 Southeast Asia Artificial Intelligence Products SWOT Analysis
6 Global Artificial Intelligence Products Production by Top Regions (2016-2021)
6.1 Global Artificial Intelligence Products Production by Top Regions (2016-2021)
6.2 North America Artificial Intelligence Products Production and Growth Rate
6.3 Europe Artificial Intelligence Products Production and Growth Rate
6.4 China Artificial Intelligence Products Production and Growth Rate
6.5 Japan Artificial Intelligence Products Production and Growth Rate
6.6 India Artificial Intelligence Products Production and Growth Rate
7 Global Artificial Intelligence Products Consumption by Regions (2016-2021)
7.1 Global Artificial Intelligence Products Consumption by Regions (2016-2021)
7.2 North America Artificial Intelligence Products Consumption and Growth Rate
7.3 Europe Artificial Intelligence Products Consumption and Growth Rate
7.4 China Artificial Intelligence Products Consumption and Growth Rate
7.5 Japan Artificial Intelligence Products Consumption and Growth Rate
7.6 Middle East & Africa Artificial Intelligence Products Consumption and Growth Rate
7.7 India Artificial Intelligence Products Consumption and Growth Rate
7.8 South America Artificial Intelligence Products Consumption and Growth Rate
7.9 South Korea Artificial Intelligence Products Consumption and Growth Rate
7.10 Southeast Asia Artificial Intelligence Products Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 MicroStrategy Inc. Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.2.3 MicroStrategy Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Open AI Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.3.3 Open AI Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Rocket Fuel Inc. Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.4.3 Rocket Fuel Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 QlikTech International AB Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.5.3 QlikTech International AB Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 IBM Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.6.3 IBM Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Fingenius Ltd. Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.7.3 Fingenius Ltd. Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Nuance's Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.8.3 Nuance's Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 IntelliResponse Systems Inc. Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.9.3 IntelliResponse Systems Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Nuance Communications Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.10.3 Nuance Communications Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Microsoft Corp. Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.11.3 Microsoft Corp. Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 NEC Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.12.3 NEC Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 eGain Corporation. Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.13.3 eGain Corporation. Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Next IT Corporation Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.14.3 Next IT Corporation Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Ipsoft Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.15.3 Ipsoft Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
8.16 Brighterion Inc. Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.16.3 Brighterion Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.16.4 Company Recent Development
8.16.5 Strategies for Company to Deal with the Impact of COVID-19
8.17 Google Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Artificial Intelligence Products Product Profiles, Application and Specification
8.17.3 Google Sales, Revenue, Price, Gross Margin 2016-2021
8.17.4 Company Recent Development
8.17.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Artificial Intelligence Products Market Analysis and Forecast by Type and Application
9.1 Global Artificial Intelligence Products Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Hardware Market Revenue and Volume Forecast (2021-2026)
9.1.2 Software Market Revenue and Volume Forecast (2021-2026)
9.1.3 Services Market Revenue and Volume Forecast (2021-2026)
9.2 Global Artificial Intelligence Products Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Medical Market Revenue and Volume Forecast (2021-2026)
9.2.2 Media & Advertising Market Revenue and Volume Forecast (2021-2026)
9.2.3 BFSI Market Revenue and Volume Forecast (2021-2026)
9.2.4 IT & Telecom Market Revenue and Volume Forecast (2021-2026)
9.2.5 Retail Market Revenue and Volume Forecast (2021-2026)
9.2.6 Others (Automotive, Agriculture, and Educational Institutions) Market Revenue and Volume Forecast (2021-2026)
10 Artificial Intelligence Products Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Artificial Intelligence Products Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
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Market Research Process
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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