Global Travel and Expense Management (TEM) Solution Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/22/2022
- NO OF PAGES
- 227
- CATEGORY
- Electronics & Communication
The Travel and Expense Management (TEM) Solution market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Travel and Expense Management (TEM) Solution market. On the basis of historic growth analysis and current scenario of Travel and Expense Management (TEM) Solution market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Travel and Expense Management (TEM) Solution market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Travel and Expense Management (TEM) Solution market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Travel and Expense Management (TEM) Solution market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Travel and Expense Management (TEM) Solution Market: Major Players
Abila
Coupa Software
Basware
Chrome River Technologies
Ariett
Oracle Corporation
Harvest
Journyx
Certify
SAP SE (Concur)
Trippeo Technologies
Infor, Inc.
Expensify
Apptricity Corp.
Xero
Global Travel and Expense Management (TEM) Solution Market: By Types
Cloud Based
On Premise
Global Travel and Expense Management (TEM) Solution Market: By Applications
Transportation & Logistics
Government & Defense
Energy & Utilities
Healthcare
Retail
Telecom & IT
Manufacturing
Others
Global Travel and Expense Management (TEM) Solution Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Travel and Expense Management (TEM) Solution 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.
Global Travel and Expense Management (TEM) Solution Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Travel and Expense Management (TEM) Solution market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Travel and Expense Management (TEM) Solution market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Travel and Expense Management (TEM) Solution Market: Major Players
Abila
Coupa Software
Basware
Chrome River Technologies
Ariett
Oracle Corporation
Harvest
Journyx
Certify
SAP SE (Concur)
Trippeo Technologies
Infor, Inc.
Expensify
Apptricity Corp.
Xero
Global Travel and Expense Management (TEM) Solution Market: By Types
Cloud Based
On Premise
Global Travel and Expense Management (TEM) Solution Market: By Applications
Transportation & Logistics
Government & Defense
Energy & Utilities
Healthcare
Retail
Telecom & IT
Manufacturing
Others
Global Travel and Expense Management (TEM) Solution Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Travel and Expense Management (TEM) Solution 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.
Global Travel and Expense Management (TEM) Solution Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Travel and Expense Management (TEM) Solution Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Travel and Expense Management (TEM) Solution
1.3 Travel and Expense Management (TEM) Solution Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Travel and Expense Management (TEM) Solution
1.4.2 Applications of Travel and Expense Management (TEM) Solution
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Abila Market Performance Analysis
3.1.1 Abila Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Abila Sales, Value, Price, Gross Margin 2016-2021
3.2 Coupa Software Market Performance Analysis
3.2.1 Coupa Software Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Coupa Software Sales, Value, Price, Gross Margin 2016-2021
3.3 Basware Market Performance Analysis
3.3.1 Basware Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Basware Sales, Value, Price, Gross Margin 2016-2021
3.4 Chrome River Technologies Market Performance Analysis
3.4.1 Chrome River Technologies Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Chrome River Technologies Sales, Value, Price, Gross Margin 2016-2021
3.5 Ariett Market Performance Analysis
3.5.1 Ariett Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Ariett Sales, Value, Price, Gross Margin 2016-2021
3.6 Oracle Corporation Market Performance Analysis
3.6.1 Oracle Corporation Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Oracle Corporation Sales, Value, Price, Gross Margin 2016-2021
3.7 Harvest Market Performance Analysis
3.7.1 Harvest Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Harvest Sales, Value, Price, Gross Margin 2016-2021
3.8 Journyx Market Performance Analysis
3.8.1 Journyx Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Journyx Sales, Value, Price, Gross Margin 2016-2021
3.9 Certify Market Performance Analysis
3.9.1 Certify Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Certify Sales, Value, Price, Gross Margin 2016-2021
3.10 SAP SE (Concur) Market Performance Analysis
3.10.1 SAP SE (Concur) Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 SAP SE (Concur) Sales, Value, Price, Gross Margin 2016-2021
3.11 Trippeo Technologies Market Performance Analysis
3.11.1 Trippeo Technologies Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Trippeo Technologies Sales, Value, Price, Gross Margin 2016-2021
3.12 Infor, Inc. Market Performance Analysis
3.12.1 Infor, Inc. Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 Infor, Inc. Sales, Value, Price, Gross Margin 2016-2021
3.13 Expensify Market Performance Analysis
3.13.1 Expensify Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Expensify Sales, Value, Price, Gross Margin 2016-2021
3.14 Apptricity Corp. Market Performance Analysis
3.14.1 Apptricity Corp. Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Apptricity Corp. Sales, Value, Price, Gross Margin 2016-2021
3.15 Xero Market Performance Analysis
3.15.1 Xero Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Xero Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Travel and Expense Management (TEM) Solution Production and Value by Type
4.1.1 Global Travel and Expense Management (TEM) Solution Production by Type 2016-2021
4.1.2 Global Travel and Expense Management (TEM) Solution Market Value by Type 2016-2021
4.2 Global Travel and Expense Management (TEM) Solution Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Cloud Based Market Production, Value and Growth Rate
4.2.2 On Premise Market Production, Value and Growth Rate
4.3 Global Travel and Expense Management (TEM) Solution Production and Value Forecast by Type
4.3.1 Global Travel and Expense Management (TEM) Solution Production Forecast by Type 2021-2026
4.3.2 Global Travel and Expense Management (TEM) Solution Market Value Forecast by Type 2021-2026
4.4 Global Travel and Expense Management (TEM) Solution Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Cloud Based Market Production, Value and Growth Rate Forecast
4.4.2 On Premise Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Travel and Expense Management (TEM) Solution Consumption and Value by Application
5.1.1 Global Travel and Expense Management (TEM) Solution Consumption by Application 2016-2021
5.1.2 Global Travel and Expense Management (TEM) Solution Market Value by Application 2016-2021
5.2 Global Travel and Expense Management (TEM) Solution Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Transportation & Logistics Market Consumption, Value and Growth Rate
5.2.2 Government & Defense Market Consumption, Value and Growth Rate
5.2.3 Energy & Utilities Market Consumption, Value and Growth Rate
5.2.4 Healthcare Market Consumption, Value and Growth Rate
5.2.5 Retail Market Consumption, Value and Growth Rate
5.2.6 Telecom & IT Market Consumption, Value and Growth Rate
5.2.7 Manufacturing Market Consumption, Value and Growth Rate
5.2.8 Others Market Consumption, Value and Growth Rate
5.3 Global Travel and Expense Management (TEM) Solution Consumption and Value Forecast by Application
5.3.1 Global Travel and Expense Management (TEM) Solution Consumption Forecast by Application 2021-2026
5.3.2 Global Travel and Expense Management (TEM) Solution Market Value Forecast by Application 2021-2026
5.4 Global Travel and Expense Management (TEM) Solution Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Transportation & Logistics Market Consumption, Value and Growth Rate Forecast
5.4.2 Government & Defense Market Consumption, Value and Growth Rate Forecast
5.4.3 Energy & Utilities Market Consumption, Value and Growth Rate Forecast
5.4.4 Healthcare Market Consumption, Value and Growth Rate Forecast
5.4.5 Retail Market Consumption, Value and Growth Rate Forecast
5.4.6 Telecom & IT Market Consumption, Value and Growth Rate Forecast
5.4.7 Manufacturing Market Consumption, Value and Growth Rate Forecast
5.4.8 Others Market Consumption, Value and Growth Rate Forecast
6 Global Travel and Expense Management (TEM) Solution by Region, Historical Data and Market Forecasts
6.1 Global Travel and Expense Management (TEM) Solution Sales by Region 2016-2021
6.2 Global Travel and Expense Management (TEM) Solution Market Value by Region 2016-2021
6.3 Global Travel and Expense Management (TEM) Solution Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Travel and Expense Management (TEM) Solution Sales Forecast by Region 2021-2026
6.5 Global Travel and Expense Management (TEM) Solution Market Value Forecast by Region 2021-2026
6.6 Global Travel and Expense Management (TEM) Solution Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
7.2 United State Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
7.3 United State Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
8.2 Canada Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
8.3 Canada Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
9.2 Germany Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
9.3 Germany Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
10.2 UK Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
10.3 UK Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
11.2 France Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
11.3 France Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
12.2 Italy Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
12.3 Italy Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
13.2 Spain Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
13.3 Spain Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
14.2 Russia Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
14.3 Russia Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
15.2 China Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
15.3 China Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
16.2 Japan Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
16.3 Japan Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
17.2 South Korea Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
17.3 South Korea Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
18.2 Australia Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
18.3 Australia Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
19.2 Thailand Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
19.3 Thailand Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
20.2 Brazil Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
20.3 Brazil Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
21.2 Argentina Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
21.3 Argentina Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
22.2 Chile Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
22.3 Chile Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
23.2 South Africa Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
23.3 South Africa Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
24.2 Egypt Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
24.3 Egypt Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
25.2 UAE Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
25.3 UAE Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Travel and Expense Management (TEM) Solution Value and Market Growth 2016-2021
26.2 Saudi Arabia Travel and Expense Management (TEM) Solution Sales and Market Growth 2016-2021
26.3 Saudi Arabia Travel and Expense Management (TEM) Solution Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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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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