Global EdTech Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 2/24/2023
- NO OF PAGES
- 206
- CATEGORY
- Electronics & Communication
EdTech 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 EdTech 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 EdTech 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 EdTech market covering all its essential aspects.
Global EdTech Market: Segmentations
Global EdTech Market: Major Players
Genshuixue
Zuoyebang
Knewton
Yuanfudao
Chegg
BYJU'S
Dreambox Learning
Guild Education
Udacity
Stride
Blackboard
Udemy
VIPKid
PowerSchool
Newsela
HuJiang
iTutorGroup
Civitas Learning
Age of Learning
17zuoye
Instructure
Coursera
2U
Duolingo
Global EdTech Market: By Types
Hardware
Software
Content
Global EdTech Market: By Applications
Preschool
K-12
Higher Education
Others
Global EdTech Market: Regional Analysis
The countries covered in the regional analysis of the Global EdTech 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 EdTech 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 EdTech 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 EdTech 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 EdTech 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 EdTech 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 EdTech market covering all its essential aspects.
Global EdTech Market: Segmentations
Global EdTech Market: Major Players
Genshuixue
Zuoyebang
Knewton
Yuanfudao
Chegg
BYJU'S
Dreambox Learning
Guild Education
Udacity
Stride
Blackboard
Udemy
VIPKid
PowerSchool
Newsela
HuJiang
iTutorGroup
Civitas Learning
Age of Learning
17zuoye
Instructure
Coursera
2U
Duolingo
Global EdTech Market: By Types
Hardware
Software
Content
Global EdTech Market: By Applications
Preschool
K-12
Higher Education
Others
Global EdTech Market: Regional Analysis
The countries covered in the regional analysis of the Global EdTech 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 EdTech 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 EdTech 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 EdTech 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 EdTech Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of EdTech
1.3 EdTech Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global EdTech Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of EdTech
1.4.2 Applications of EdTech
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 EdTech Industry Trends
1.5.2 EdTech Drivers
1.5.3 EdTech Market Challenges
1.5.4 EdTech 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 EdTech Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on EdTech Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global EdTech Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of EdTech
2.2.1 Major Players Manufacturing Base of EdTech in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 EdTech Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of EdTech
2.3.3 Labor Cost of EdTech
2.4 Market Channel Analysis of EdTech
2.5 Major Down Stream Customers by Application
3 Global EdTech Market, by Type
3.1 Global EdTech Revenue and Market Share by Type (2016-2021)
3.2 Global EdTech Production and Market Share by Type (2016-2021)
3.3 Global EdTech Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global EdTech Revenue and Growth Rate of Hardware
3.3.2 Global EdTech Revenue and Growth Rate of Software
3.3.3 Global EdTech Revenue and Growth Rate of Content
3.4 Global EdTech Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 EdTech Market, by Application
4.1 Downstream Market Overview
4.2 Global EdTech Consumption and Market Share by Application (2016-2021)
4.3 Global EdTech Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global EdTech Consumption and Growth Rate of Preschool (2016-2021)
4.3.2 Global EdTech Consumption and Growth Rate of K-12 (2016-2021)
4.3.3 Global EdTech Consumption and Growth Rate of Higher Education (2016-2021)
4.3.4 Global EdTech Consumption and Growth Rate of Others (2016-2021)
5 Global EdTech Consumption, Revenue ($) by Region (2016-2021)
5.1 Global EdTech Revenue and Market Share by Region (2016-2021)
5.2 Global EdTech Consumption and Market Share by Region (2016-2021)
5.3 Global EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America EdTech Market Under COVID-19
5.4.2 North America EdTech SWOT Analysis
5.5 Europe EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe EdTech Market Under COVID-19
5.5.2 Europe EdTech SWOT Analysis
5.6 China EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China EdTech Market Under COVID-19
5.6.2 China EdTech SWOT Analysis
5.7 Japan EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan EdTech Market Under COVID-19
5.7.2 Japan EdTech SWOT Analysis
5.8 Middle East and Africa EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa EdTech Market Under COVID-19
5.8.2 Middle East and Africa EdTech SWOT Analysis
5.9 India EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India EdTech Market Under COVID-19
5.9.2 India EdTech SWOT Analysis
5.10 South America EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America EdTech Market Under COVID-19
5.10.2 South America EdTech SWOT Analysis
5.11 South Korea EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea EdTech Market Under COVID-19
5.11.2 South Korea EdTech SWOT Analysis
5.12 Southeast Asia EdTech Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia EdTech Market Under COVID-19
5.12.2 Southeast Asia EdTech SWOT Analysis
6 Global EdTech Production by Top Regions (2016-2021)
6.1 Global EdTech Production by Top Regions (2016-2021)
6.2 North America EdTech Production and Growth Rate
6.3 Europe EdTech Production and Growth Rate
6.4 China EdTech Production and Growth Rate
6.5 Japan EdTech Production and Growth Rate
6.6 India EdTech Production and Growth Rate
7 Global EdTech Consumption by Regions (2016-2021)
7.1 Global EdTech Consumption by Regions (2016-2021)
7.2 North America EdTech Consumption and Growth Rate
7.3 Europe EdTech Consumption and Growth Rate
7.4 China EdTech Consumption and Growth Rate
7.5 Japan EdTech Consumption and Growth Rate
7.6 Middle East & Africa EdTech Consumption and Growth Rate
7.7 India EdTech Consumption and Growth Rate
7.8 South America EdTech Consumption and Growth Rate
7.9 South Korea EdTech Consumption and Growth Rate
7.10 Southeast Asia EdTech Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Genshuixue Market Performance Analysis
8.2.1 Company Profiles
8.2.2 EdTech Product Profiles, Application and Specification
8.2.3 Genshuixue 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 Zuoyebang Market Performance Analysis
8.3.1 Company Profiles
8.3.2 EdTech Product Profiles, Application and Specification
8.3.3 Zuoyebang 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 Knewton Market Performance Analysis
8.4.1 Company Profiles
8.4.2 EdTech Product Profiles, Application and Specification
8.4.3 Knewton 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 Yuanfudao Market Performance Analysis
8.5.1 Company Profiles
8.5.2 EdTech Product Profiles, Application and Specification
8.5.3 Yuanfudao 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 Chegg Market Performance Analysis
8.6.1 Company Profiles
8.6.2 EdTech Product Profiles, Application and Specification
8.6.3 Chegg 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 BYJU'S Market Performance Analysis
8.7.1 Company Profiles
8.7.2 EdTech Product Profiles, Application and Specification
8.7.3 BYJU'S 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 Dreambox Learning Market Performance Analysis
8.8.1 Company Profiles
8.8.2 EdTech Product Profiles, Application and Specification
8.8.3 Dreambox Learning 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 Guild Education Market Performance Analysis
8.9.1 Company Profiles
8.9.2 EdTech Product Profiles, Application and Specification
8.9.3 Guild Education 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 Udacity Market Performance Analysis
8.10.1 Company Profiles
8.10.2 EdTech Product Profiles, Application and Specification
8.10.3 Udacity 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 Stride Market Performance Analysis
8.11.1 Company Profiles
8.11.2 EdTech Product Profiles, Application and Specification
8.11.3 Stride 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 Blackboard Market Performance Analysis
8.12.1 Company Profiles
8.12.2 EdTech Product Profiles, Application and Specification
8.12.3 Blackboard 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 Udemy Market Performance Analysis
8.13.1 Company Profiles
8.13.2 EdTech Product Profiles, Application and Specification
8.13.3 Udemy 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 VIPKid Market Performance Analysis
8.14.1 Company Profiles
8.14.2 EdTech Product Profiles, Application and Specification
8.14.3 VIPKid 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 PowerSchool Market Performance Analysis
8.15.1 Company Profiles
8.15.2 EdTech Product Profiles, Application and Specification
8.15.3 PowerSchool 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 Newsela Market Performance Analysis
8.16.1 Company Profiles
8.16.2 EdTech Product Profiles, Application and Specification
8.16.3 Newsela 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 HuJiang Market Performance Analysis
8.17.1 Company Profiles
8.17.2 EdTech Product Profiles, Application and Specification
8.17.3 HuJiang 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
8.18 iTutorGroup Market Performance Analysis
8.18.1 Company Profiles
8.18.2 EdTech Product Profiles, Application and Specification
8.18.3 iTutorGroup Sales, Revenue, Price, Gross Margin 2016-2021
8.18.4 Company Recent Development
8.18.5 Strategies for Company to Deal with the Impact of COVID-19
8.19 Civitas Learning Market Performance Analysis
8.19.1 Company Profiles
8.19.2 EdTech Product Profiles, Application and Specification
8.19.3 Civitas Learning Sales, Revenue, Price, Gross Margin 2016-2021
8.19.4 Company Recent Development
8.19.5 Strategies for Company to Deal with the Impact of COVID-19
8.20 Age of Learning Market Performance Analysis
8.20.1 Company Profiles
8.20.2 EdTech Product Profiles, Application and Specification
8.20.3 Age of Learning Sales, Revenue, Price, Gross Margin 2016-2021
8.20.4 Company Recent Development
8.20.5 Strategies for Company to Deal with the Impact of COVID-19
8.21 17zuoye Market Performance Analysis
8.21.1 Company Profiles
8.21.2 EdTech Product Profiles, Application and Specification
8.21.3 17zuoye Sales, Revenue, Price, Gross Margin 2016-2021
8.21.4 Company Recent Development
8.21.5 Strategies for Company to Deal with the Impact of COVID-19
8.22 Instructure Market Performance Analysis
8.22.1 Company Profiles
8.22.2 EdTech Product Profiles, Application and Specification
8.22.3 Instructure Sales, Revenue, Price, Gross Margin 2016-2021
8.22.4 Company Recent Development
8.22.5 Strategies for Company to Deal with the Impact of COVID-19
8.23 Coursera Market Performance Analysis
8.23.1 Company Profiles
8.23.2 EdTech Product Profiles, Application and Specification
8.23.3 Coursera Sales, Revenue, Price, Gross Margin 2016-2021
8.23.4 Company Recent Development
8.23.5 Strategies for Company to Deal with the Impact of COVID-19
8.24 2U Market Performance Analysis
8.24.1 Company Profiles
8.24.2 EdTech Product Profiles, Application and Specification
8.24.3 2U Sales, Revenue, Price, Gross Margin 2016-2021
8.24.4 Company Recent Development
8.24.5 Strategies for Company to Deal with the Impact of COVID-19
8.25 Duolingo Market Performance Analysis
8.25.1 Company Profiles
8.25.2 EdTech Product Profiles, Application and Specification
8.25.3 Duolingo Sales, Revenue, Price, Gross Margin 2016-2021
8.25.4 Company Recent Development
8.25.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global EdTech Market Analysis and Forecast by Type and Application
9.1 Global EdTech 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 Content Market Revenue and Volume Forecast (2021-2026)
9.2 Global EdTech Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Preschool Market Revenue and Volume Forecast (2021-2026)
9.2.2 K-12 Market Revenue and Volume Forecast (2021-2026)
9.2.3 Higher Education Market Revenue and Volume Forecast (2021-2026)
9.2.4 Others Market Revenue and Volume Forecast (2021-2026)
10 EdTech 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 EdTech 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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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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