Global Two-Factor Authentication Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/22/2022
- NO OF PAGES
- 285
- CATEGORY
- Electronics & Communication
The Two-Factor Authentication market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Two-Factor Authentication market. On the basis of historic growth analysis and current scenario of Two-Factor Authentication 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 Two-Factor Authentication market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Two-Factor Authentication market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Two-Factor Authentication 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 Two-Factor Authentication Market: Major Players
DynaPass
Protectimus Solutions
SecurEnvoy
VASCO Data Security International
Meontrust
Fortinet
Entrust
Yubico
PointSharp
i-Sprint
SecurEnvoy
RSA Security
SecurStar
Symantec
ID Control
Authy
Authenex
Gemalto
SecureAuth
Authentify
HID Global
Mi-Token
Deepnet Security
Global Two-Factor Authentication Market: By Types
Hardware OTP authentication
Smart card-based authentication
Phone-based authentication
Biometrics
Global Two-Factor Authentication Market: By Applications
BFSI
PCI
Government
Healthcare
Global Two-Factor Authentication 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 Two-Factor Authentication 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 Two-Factor Authentication 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 Two-Factor Authentication market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Two-Factor Authentication 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 Two-Factor Authentication Market: Major Players
DynaPass
Protectimus Solutions
SecurEnvoy
VASCO Data Security International
Meontrust
Fortinet
Entrust
Yubico
PointSharp
i-Sprint
SecurEnvoy
RSA Security
SecurStar
Symantec
ID Control
Authy
Authenex
Gemalto
SecureAuth
Authentify
HID Global
Mi-Token
Deepnet Security
Global Two-Factor Authentication Market: By Types
Hardware OTP authentication
Smart card-based authentication
Phone-based authentication
Biometrics
Global Two-Factor Authentication Market: By Applications
BFSI
PCI
Government
Healthcare
Global Two-Factor Authentication 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 Two-Factor Authentication 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 Two-Factor Authentication 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 Two-Factor Authentication Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Two-Factor Authentication
1.3 Two-Factor Authentication Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Two-Factor Authentication
1.4.2 Applications of Two-Factor Authentication
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 DynaPass Market Performance Analysis
3.1.1 DynaPass 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 DynaPass Sales, Value, Price, Gross Margin 2016-2021
3.2 Protectimus Solutions Market Performance Analysis
3.2.1 Protectimus Solutions 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 Protectimus Solutions Sales, Value, Price, Gross Margin 2016-2021
3.3 SecurEnvoy Market Performance Analysis
3.3.1 SecurEnvoy 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 SecurEnvoy Sales, Value, Price, Gross Margin 2016-2021
3.4 VASCO Data Security International Market Performance Analysis
3.4.1 VASCO Data Security International 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 VASCO Data Security International Sales, Value, Price, Gross Margin 2016-2021
3.5 Meontrust Market Performance Analysis
3.5.1 Meontrust 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 Meontrust Sales, Value, Price, Gross Margin 2016-2021
3.6 Fortinet Market Performance Analysis
3.6.1 Fortinet 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 Fortinet Sales, Value, Price, Gross Margin 2016-2021
3.7 Entrust Market Performance Analysis
3.7.1 Entrust 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 Entrust Sales, Value, Price, Gross Margin 2016-2021
3.8 Yubico Market Performance Analysis
3.8.1 Yubico 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 Yubico Sales, Value, Price, Gross Margin 2016-2021
3.9 PointSharp Market Performance Analysis
3.9.1 PointSharp 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 PointSharp Sales, Value, Price, Gross Margin 2016-2021
3.10 i-Sprint Market Performance Analysis
3.10.1 i-Sprint 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 i-Sprint Sales, Value, Price, Gross Margin 2016-2021
3.11 SecurEnvoy Market Performance Analysis
3.11.1 SecurEnvoy 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 SecurEnvoy Sales, Value, Price, Gross Margin 2016-2021
3.12 RSA Security Market Performance Analysis
3.12.1 RSA Security 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 RSA Security Sales, Value, Price, Gross Margin 2016-2021
3.13 SecurStar Market Performance Analysis
3.13.1 SecurStar 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 SecurStar Sales, Value, Price, Gross Margin 2016-2021
3.14 Symantec Market Performance Analysis
3.14.1 Symantec 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 Symantec Sales, Value, Price, Gross Margin 2016-2021
3.15 ID Control Market Performance Analysis
3.15.1 ID Control 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 ID Control Sales, Value, Price, Gross Margin 2016-2021
3.16 Authy Market Performance Analysis
3.16.1 Authy Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 Authy Sales, Value, Price, Gross Margin 2016-2021
3.17 Authenex Market Performance Analysis
3.17.1 Authenex Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 Authenex Sales, Value, Price, Gross Margin 2016-2021
3.18 Gemalto Market Performance Analysis
3.18.1 Gemalto Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Gemalto Sales, Value, Price, Gross Margin 2016-2021
3.19 SecureAuth Market Performance Analysis
3.19.1 SecureAuth Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 SecureAuth Sales, Value, Price, Gross Margin 2016-2021
3.20 Authentify Market Performance Analysis
3.20.1 Authentify Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 Authentify Sales, Value, Price, Gross Margin 2016-2021
3.21 HID Global Market Performance Analysis
3.21.1 HID Global Basic Information
3.21.2 Product and Service Analysis
3.21.3 Strategies for Company to Deal with the Impact of COVID-19
3.21.4 HID Global Sales, Value, Price, Gross Margin 2016-2021
3.22 Mi-Token Market Performance Analysis
3.22.1 Mi-Token Basic Information
3.22.2 Product and Service Analysis
3.22.3 Strategies for Company to Deal with the Impact of COVID-19
3.22.4 Mi-Token Sales, Value, Price, Gross Margin 2016-2021
3.23 Deepnet Security Market Performance Analysis
3.23.1 Deepnet Security Basic Information
3.23.2 Product and Service Analysis
3.23.3 Strategies for Company to Deal with the Impact of COVID-19
3.23.4 Deepnet Security Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Two-Factor Authentication Production and Value by Type
4.1.1 Global Two-Factor Authentication Production by Type 2016-2021
4.1.2 Global Two-Factor Authentication Market Value by Type 2016-2021
4.2 Global Two-Factor Authentication Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Hardware OTP authentication Market Production, Value and Growth Rate
4.2.2 Smart card-based authentication Market Production, Value and Growth Rate
4.2.3 Phone-based authentication Market Production, Value and Growth Rate
4.2.4 Biometrics Market Production, Value and Growth Rate
4.3 Global Two-Factor Authentication Production and Value Forecast by Type
4.3.1 Global Two-Factor Authentication Production Forecast by Type 2021-2026
4.3.2 Global Two-Factor Authentication Market Value Forecast by Type 2021-2026
4.4 Global Two-Factor Authentication Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Hardware OTP authentication Market Production, Value and Growth Rate Forecast
4.4.2 Smart card-based authentication Market Production, Value and Growth Rate Forecast
4.4.3 Phone-based authentication Market Production, Value and Growth Rate Forecast
4.4.4 Biometrics Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Two-Factor Authentication Consumption and Value by Application
5.1.1 Global Two-Factor Authentication Consumption by Application 2016-2021
5.1.2 Global Two-Factor Authentication Market Value by Application 2016-2021
5.2 Global Two-Factor Authentication Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 BFSI Market Consumption, Value and Growth Rate
5.2.2 PCI Market Consumption, Value and Growth Rate
5.2.3 Government Market Consumption, Value and Growth Rate
5.2.4 Healthcare Market Consumption, Value and Growth Rate
5.3 Global Two-Factor Authentication Consumption and Value Forecast by Application
5.3.1 Global Two-Factor Authentication Consumption Forecast by Application 2021-2026
5.3.2 Global Two-Factor Authentication Market Value Forecast by Application 2021-2026
5.4 Global Two-Factor Authentication Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 BFSI Market Consumption, Value and Growth Rate Forecast
5.4.2 PCI Market Consumption, Value and Growth Rate Forecast
5.4.3 Government Market Consumption, Value and Growth Rate Forecast
5.4.4 Healthcare Market Consumption, Value and Growth Rate Forecast
6 Global Two-Factor Authentication by Region, Historical Data and Market Forecasts
6.1 Global Two-Factor Authentication Sales by Region 2016-2021
6.2 Global Two-Factor Authentication Market Value by Region 2016-2021
6.3 Global Two-Factor Authentication 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 Two-Factor Authentication Sales Forecast by Region 2021-2026
6.5 Global Two-Factor Authentication Market Value Forecast by Region 2021-2026
6.6 Global Two-Factor Authentication 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 Two-Factor Authentication Value and Market Growth 2016-2021
7.2 United State Two-Factor Authentication Sales and Market Growth 2016-2021
7.3 United State Two-Factor Authentication Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Two-Factor Authentication Value and Market Growth 2016-2021
8.2 Canada Two-Factor Authentication Sales and Market Growth 2016-2021
8.3 Canada Two-Factor Authentication Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Two-Factor Authentication Value and Market Growth 2016-2021
9.2 Germany Two-Factor Authentication Sales and Market Growth 2016-2021
9.3 Germany Two-Factor Authentication Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Two-Factor Authentication Value and Market Growth 2016-2021
10.2 UK Two-Factor Authentication Sales and Market Growth 2016-2021
10.3 UK Two-Factor Authentication Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Two-Factor Authentication Value and Market Growth 2016-2021
11.2 France Two-Factor Authentication Sales and Market Growth 2016-2021
11.3 France Two-Factor Authentication Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Two-Factor Authentication Value and Market Growth 2016-2021
12.2 Italy Two-Factor Authentication Sales and Market Growth 2016-2021
12.3 Italy Two-Factor Authentication Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Two-Factor Authentication Value and Market Growth 2016-2021
13.2 Spain Two-Factor Authentication Sales and Market Growth 2016-2021
13.3 Spain Two-Factor Authentication Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Two-Factor Authentication Value and Market Growth 2016-2021
14.2 Russia Two-Factor Authentication Sales and Market Growth 2016-2021
14.3 Russia Two-Factor Authentication Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Two-Factor Authentication Value and Market Growth 2016-2021
15.2 China Two-Factor Authentication Sales and Market Growth 2016-2021
15.3 China Two-Factor Authentication Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Two-Factor Authentication Value and Market Growth 2016-2021
16.2 Japan Two-Factor Authentication Sales and Market Growth 2016-2021
16.3 Japan Two-Factor Authentication Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Two-Factor Authentication Value and Market Growth 2016-2021
17.2 South Korea Two-Factor Authentication Sales and Market Growth 2016-2021
17.3 South Korea Two-Factor Authentication Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Two-Factor Authentication Value and Market Growth 2016-2021
18.2 Australia Two-Factor Authentication Sales and Market Growth 2016-2021
18.3 Australia Two-Factor Authentication Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Two-Factor Authentication Value and Market Growth 2016-2021
19.2 Thailand Two-Factor Authentication Sales and Market Growth 2016-2021
19.3 Thailand Two-Factor Authentication Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Two-Factor Authentication Value and Market Growth 2016-2021
20.2 Brazil Two-Factor Authentication Sales and Market Growth 2016-2021
20.3 Brazil Two-Factor Authentication Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Two-Factor Authentication Value and Market Growth 2016-2021
21.2 Argentina Two-Factor Authentication Sales and Market Growth 2016-2021
21.3 Argentina Two-Factor Authentication Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Two-Factor Authentication Value and Market Growth 2016-2021
22.2 Chile Two-Factor Authentication Sales and Market Growth 2016-2021
22.3 Chile Two-Factor Authentication Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Two-Factor Authentication Value and Market Growth 2016-2021
23.2 South Africa Two-Factor Authentication Sales and Market Growth 2016-2021
23.3 South Africa Two-Factor Authentication Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Two-Factor Authentication Value and Market Growth 2016-2021
24.2 Egypt Two-Factor Authentication Sales and Market Growth 2016-2021
24.3 Egypt Two-Factor Authentication Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Two-Factor Authentication Value and Market Growth 2016-2021
25.2 UAE Two-Factor Authentication Sales and Market Growth 2016-2021
25.3 UAE Two-Factor Authentication Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Two-Factor Authentication Value and Market Growth 2016-2021
26.2 Saudi Arabia Two-Factor Authentication Sales and Market Growth 2016-2021
26.3 Saudi Arabia Two-Factor Authentication 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.
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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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