Advertising Market By Type (TV Advertising, Newspaper & Magazine Advertising, Outdoors Advertising, Radio Advertising, Internet Advertising, Others), By Application (Food & Beverage Industry, Vehicles Industry, Health and Medical Industry, Commercial and Personal Services, Consumer Goods, Others), and By Region - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2024 - 2030

Software & Services Syndicate Market Research Pages: 120 Report ID: 5573

Key Industry Insights

The report covers forecast and analysis for the advertising market on a global and regional level. The study provides historic data from 2018 to 2023 along with a forecast from 2024 to 2030 based on revenue (USD Million). The study includes drivers and restraints for the advertising market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the advertising market on a global as well as regional level.

The global advertising market was estimated at XX (USD Million) in 2023 and is projected to be valued at XX (USD Million) by 2030 at a CAGR of XX%.

Market Key Trends Analysis

The report also provides an in-depth analysis of different drivers, restraints and opportunities in the advertising Market. Key drivers are discussed in the report, along with its impact on the growth of this industry during the historic period as well as throughout the forecast years.

The report will also help all the prospective readers to identify major restraining factors for the industry participants. As well, major growth opportunities prevailing in the industry will help understand the rapidly changing dynamics of industry and plan for the future strategies accordingly.

Market Strategic Analysis 

Also, the report covers key strategic developments of the market including acquisitions & mergers, new type launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the advertising market on a global and regional basis.

To give the users of this report a comprehensive view on the advertising market competitive landscape and analysis of Porter’s Five Forces model for the market are included in the report. The study encompasses market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate and general attractiveness.

Market Key Segment Analysis

The study provides a crucial view on the advertising by segmenting the market based on type, application, and region. All the segments of advertising market have been analyzed based on present and future trends and the market is estimated from 2024 to 2030. This report will identify dominating sub-segments in terms of revenue contribution for the base year as well as during the forecast period. The fastest-growing sub-segments with its major growth driving factors are also presented in the report.

Based on Type, global advertising market is bifurcated into TV Advertising, Newspaper & Magazine Advertising, Outdoors Advertising, Radio Advertising, Internet Advertising, Others. Detailed qualitative as well as quantitative type segment analysis will be provided in the report from 2018 to 2030.

Based on Application market is segmented into Food & Beverage Industry, Vehicles Industry, Health and Medical Industry, Commercial and Personal Services, Consumer Goods, Others. Trend analysis amongst the application will be provided in detail.

The market has huge growth prospects and this will help industry players with different potential opportunities to explore the market. The segment analysis will help in determining how each segment will influence the market growth in the coming years will be displayed in the report.

Market Regional Trends and Market Player’s Analysis

Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Wherein, North America dominated the global advertising market in 2023. Asia Pacific region will be a rapidly growing market for advertising. On the other hand, Latin America will experience moderate growth in the coming years. The Middle East and Africa will register slower growth in the years to come.

Advertising Market Size By Region

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The report provides company market share analysis to give a broader overview of the key players in the advertising market. Major players in advertising market are Omnicom Group, WPP, Dentsu Inc., PublicisGroupe, IPG, Havas SA, Focus Media Group, Guangdong Advertising Co. Ltd., Bluefocus Communication Group Co. Ltd., SiMei Media, AVIC Culture Co.Ltd., Yinlimedia, Hunan TV and Broadcast Intermediary Co. Ltd., Guangdong Guangzhou Daily Media Co. Ltd., Beijing Bashi Media Co. Ltd., Dahe Group, China Television Media, Spearhead Integrated Marketing Communication Group, Shanghai Xinhua Media Co. Ltd., Chengdu B-ray Media Co. Ltd., among others.

Scope of the report

Attribute Details
Base year for estimation 2023
Actual estimates/Historical data 2018 - 2022
Forecast period 2024 - 2030
Market representation Revenue in USD Million & CAGR from 2024 to 2030
Regional scope North America, Europe, Asia Pacific, Central & South America, and MEA
Country scope U.S., Germany, U.K., Italy, China, Japan, Brazil
Report coverage       Revenue forecast, company share, competitive landscape, growth factors and trends
Free customization scope (equivalent to 5 analyst working days) If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

 

The report segment of the global advertising market as follows:

Global Advertising Market: By Type

  • TV Advertising
  • Newspaper & Magazine Advertising
  • Outdoors Advertising
  • Radio Advertising
  • Internet Advertising
  • Others
Global Advertising Market: By Application
  • Food & Beverage Industry
  • Vehicles Industry
  • Health and Medical Industry
  • Commercial and Personal Services
  • Consumer Goods
  • Others
Global Advertising Market: By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China 
    • Japan
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Key Highlights & Touch Points of the Global Advertising Market for the Forecast Years 2024-2030:

  •     CAGR of the market during the forecast period of 2024-2030
  •     Extensive information on factors that will amplify the growth of the advertising market over the upcoming seven years
  •     Accurate estimation of the global advertising market size 
  •     Exact estimations of the upcoming trends and changes observed in the consumer behavior
  •     Growth of the global advertising industry across the North & South America, EMEA, Asia Pacific, and Latin America
  •     Information about advertising market growth potential
  •     In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
  •     Furnishing of detailed information on the factors that will restrain the growth of the advertising manufacturers

Frequently Asked Questions

These players adopted different strategies so as to hold major market share in this market. Some of the major players in Advertising industry includes.

  • Omnicom Group
  • WPP
  • Dentsu Inc.
  • PublicisGroupe
  • IPG
  • Havas SA
  • Focus Media Group
  • Guangdong Advertising Co. Ltd.
  • Bluefocus Communication Group Co. Ltd.
  • SiMei Media
  • AVIC Culture Co.Ltd.
  • Yinlimedia
  • Hunan TV and Broadcast Intermediary Co. Ltd.
  • Guangdong Guangzhou Daily Media Co. Ltd.
  • Beijing Bashi Media Co. Ltd.
  • Dahe Group
  • China Television Media
  • Spearhead Integrated Marketing Communication Group
  • Shanghai Xinhua Media Co. Ltd.
  • Chengdu B-ray Media Co. Ltd.

Based on the Advertising market analysis, North America is predicted to held the highest share in the Advertising market during the forecast period.

The statistical data of the top market players of Advertising industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the Advertising industry as well as their last five-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue produced.

The study offers a decisive view on the Advertising by segmenting the market based on Type, Application, and region.

The report gives a nitty-gritty assessment of the market by featuring data on various viewpoints that incorporate drivers, restraints, opportunities, and threats. This data can assist stakeholders in making suitable decisions before investing.

The sample for Advertising market report can be received on-demand from the website as and when required.Direct call services or 24*7 chat support are provided to procure the sample report.

  1. Preface
    1. Report Description and Scope
    2. Research Scope
    3. Research Methodology
      1. Market Research Process
      2. Market Research Methodology
  2. Executive Summary
    1. Advertising Market, 2018-2030 (USD Million)
    2. Advertising Market: Snapshot
  3. Advertising - Industry Analysis
    1. Advertising: Market Dynamics
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Restraints
      1. Restraint 1
      2. Restraint 2
    4. Opportunity
      1. Government funding and support
    5. Porter’s Five Forces Analysis
    6. Market Attractiveness Analysis
      1. Market attractiveness analysis By Product
      2. Market attractiveness analysis By Application
      3. Market attractiveness analysis by Region
  4. Advertising Market - Competitive Landscape
    1. Company market share analysis
      1. Global Advertising Market: company market share, 2019
    2. Strategic development
      1. Acquisitions & mergers
      2. New Product launches
      3. Agreements, partnerships, collaborations and joint ventures
      4. Research and development and Regional expansion
    3. Price trend analysis
  5. Global Advertising Market -Type Analysis
    1. Global Advertising Market overview: By Type
      1. Global Advertising Market share, By Type,2019 and 2026
    2. TV Advertising
      1. Global Advertising Market by TV Advertising, 2018-2030 (USD Million)
    3. Newspaper & Magazine Advertising
      1. Global Advertising Market by Newspaper & Magazine Advertising, 2018-2030 (USD Million)
    4. Outdoors Advertising
      1. Global Advertising Market by Outdoors Advertising, 2018-2030 (USD Million)
    5. Radio Advertising
      1. Global Advertising Market by Radio Advertising, 2018-2030 (USD Million)
    6. Internet Advertising
      1. Global Advertising Market by Internet Advertising, 2018-2030 (USD Million)
    7. Others
      1. Global Advertising Market by Others, 2018-2030 (USD Million)
  6. Global Advertising Market -Application Analysis
    1. Global Advertising Market overview: By Application
      1. Global Advertising Market share, By Application,2019 and 2026
    2. Food & Beverage Industry
      1. Global Advertising Market by Food & Beverage Industry, 2018-2030 (USD Million)
    3. Vehicles Industry
      1. Global Advertising Market by Vehicles Industry, 2018-2030 (USD Million)
    4. Health and Medical Industry
      1. Global Advertising Market by Health and Medical Industry, 2018-2030 (USD Million)
    5. Commercial and Personal Services
      1. Global Advertising Market by Commercial and Personal Services, 2018-2030 (USD Million)
    6. Consumer Goods
      1. Global Advertising Market by Consumer Goods, 2018-2030 (USD Million)
    7. Others
      1. Global Advertising Market by Others, 2018-2030 (USD Million)
  7. Global Advertising Market - Regional Analysis
    1. Global Advertising Market overview: by Region
      1. Global Advertising Market share, by Region, 2019 and 2026
    2. North America
      1. North America Advertising Market, 2018-2030 (USD Million)
      1. North America Advertising Market revenue, By Type, 2018-2030 (USD Million)
      1. North America Advertising Market revenue, By Application, 2018-2030 (USD Million)
      1. U.S. Advertising Market revenue, By Type, 2018-2030 (USD Million)
      2. U.S. Advertising Market revenue, By Application, 2018-2030 (USD Million)
      3. Canada Advertising Market revenue, By Type, 2018-2030 (USD Million)
      4. Canada Advertising Market revenue, By Application, 2018-2030 (USD Million)
      5. Mexico Advertising Market revenue, By Type, 2018-2030 (USD Million)
      6. Mexico Advertising Market revenue, By Application, 2018-2030 (USD Million)
    3. Europe
      1. Europe Advertising Market, 2018-2030 (USD Million)
      1. Europe Advertising Market revenue, By Type, 2018-2030 (USD Million)
      1. Europe Advertising Market revenue, By Application, 2018-2030 (USD Million)
      1. UK Advertising Market revenue, By Type, 2018-2030 (USD Million)
      2. UK Advertising Market revenue, By Application, 2018-2030 (USD Million)
      3. Germany Advertising Market revenue, By Type, 2018-2030 (USD Million)
      4. Germany Advertising Market revenue, By Application, 2018-2030 (USD Million)
      5. France Advertising Market revenue, By Type, 2018-2030 (USD Million)
      6. France Advertising Market revenue, By Application, 2018-2030 (USD Million)
      7. Italy Advertising Market revenue, By Type, 2018-2030 (USD Million)
      8. Italy Advertising Market revenue, By Application, 2018-2030 (USD Million)
      9. Spain Advertising Market revenue, By Type, 2018-2030 (USD Million)
      10. Spain Advertising Market revenue, By Application, 2018-2030 (USD Million)
      11. Netherlands Advertising Market revenue, By Type, 2018-2030 (USD Million)
      12. Netherlands Advertising Market revenue, By Application, 2018-2030 (USD Million)
      13. Rest of Europe Advertising Market revenue, By Type, 2018-2030 (USD Million)
      14. Rest of Europe Advertising Market revenue, By Application, 2018-2030 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Advertising Market, 2018-2030 (USD Million)
      1. Asia Pacific Advertising Market revenue, By Type, 2018-2030 (USD Million)
      1. Asia Pacific Advertising Market revenue, By Application, 2018-2030 (USD Million)
      1. China Advertising Market revenue, By Type, 2018-2030 (USD Million)
      2. China Advertising Market revenue, By Application, 2018-2030 (USD Million)
      3. Japan Advertising Market revenue, By Type, 2018-2030 (USD Million)
      4. Japan Advertising Market revenue, By Application, 2018-2030 (USD Million)
      5. India Advertising Market revenue, By Type, 2018-2030 (USD Million)
      6. India Advertising Market revenue, By Application, 2018-2030 (USD Million)
      7. Australia Advertising Market revenue, By Type, 2018-2030 (USD Million)
      8. Australia Advertising Market revenue, By Application, 2018-2030 (USD Million)
      9. South East Asia Advertising Market revenue, By Type, 2018-2030 (USD Million)
      10. South East Asia Advertising Market revenue, By Application, 2018-2030 (USD Million)
      11. South Korea Advertising Market revenue, By Type, 2018-2030 (USD Million)
      12. South Korea Advertising Market revenue, By Application, 2018-2030 (USD Million)
      13. Rest of Asia Pacific Advertising Market revenue, By Type, 2018-2030 (USD Million)
      14. Rest of Asia Pacific Advertising Market revenue, By Application, 2018-2030 (USD Million)
    5. Latin America
      1. Latin America Advertising Market, 2018-2030 (USD Million)
      1. Latin America Advertising Market revenue, By Type, 2018-2030 (USD Million)
      1. Latin America Advertising Market revenue, By Application, 2018-2030 (USD Million)
      1. Brazil Advertising Market revenue, By Type, 2018-2030 (USD Million)
      2. Brazil Advertising Market revenue, By Application, 2018-2030 (USD Million)
      3. Argentina Advertising Market revenue, By Type, 2018-2030 (USD Million)
      4. Argentina Advertising Market revenue, By Application, 2018-2030 (USD Million)
      5. Chile Advertising Market revenue, By Type, 2018-2030 (USD Million)
      6. Chile Advertising Market revenue, By Application, 2018-2030 (USD Million)
      7. Rest of Latin America Advertising Market revenue, By Type, 2018-2030 (USD Million)
      8. Rest of Latin America Advertising Market revenue, By Application, 2018-2030 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Advertising Market, 2018-2030 (USD Million)
      1. Middle East & Africa Advertising Market revenue, By Type, 2018-2030 (USD Million)
      1. Middle East & Africa Advertising Market revenue, By Application, 2018-2030 (USD Million)
      1. GCC Countries Advertising Market revenue, By Type, 2018-2030 (USD Million)
      2. GCC Countries Advertising Market revenue, By Application, 2018-2030 (USD Million)
      3. Nigeria Advertising Market revenue, By Type, 2018-2030 (USD Million)
      4. Nigeria Advertising Market revenue, By Application, 2018-2030 (USD Million)
      5. South Africa Advertising Market revenue, By Type, 2018-2030 (USD Million)
      6. South Africa Advertising Market revenue, By Application, 2018-2030 (USD Million)
      7. Rest of Middle East & Africa Advertising Market revenue, By Type, 2018-2030 (USD Million)
      8. Rest of Middle East & Africa Advertising Market revenue, By Application, 2018-2030 (USD Million)
  8. Company Profiles
    1. Omnicom Group
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. WPP
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. Dentsu Inc.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. PublicisGroupe
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. IPG
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. Havas SA
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    7. Focus Media Group
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    8. Guangdong Advertising Co. Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    9. Bluefocus Communication Group Co. Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    10. SiMei Media
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    11. AVIC Culture Co.Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    12. Yinlimedia
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    13. Hunan TV and Broadcast Intermediary Co. Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    14. Guangdong Guangzhou Daily Media Co. Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    15. Beijing Bashi Media Co. Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    16. Dahe Group
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    17. China Television Media
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    18. Spearhead Integrated Marketing Communication Group
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    19. Shanghai Xinhua Media Co. Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    20. Chengdu B-ray Media Co. Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments

 

List of Figures

  1. Market research process
  2. Market research methodology
  3. Global Advertising Market, 2018-2030 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Advertising Market attractiveness, By Type
  6. Global Advertising Market attractiveness, By Application
  7. Global Advertising market share, By Type, 2019 and 2026
  8. Global Advertising Market by TV Advertising, 2018-2030 (USD Million)
  9. Global Advertising Market by Newspaper & Magazine Advertising, 2018-2030 (USD Million)
  10. Global Advertising Market by Outdoors Advertising, 2018-2030 (USD Million)
  11. Global Advertising Market by Radio Advertising, 2018-2030 (USD Million)
  12. Global Advertising Market by Internet Advertising, 2018-2030 (USD Million)
  13. Global Advertising Market by Others, 2018-2030 (USD Million)
  14. Global Advertising market share, By Application, 2019 and 2026
  15. Global Advertising Market by Food & Beverage Industry, 2018-2030 (USD Million)
  16. Global Advertising Market by Vehicles Industry, 2018-2030 (USD Million)
  17. Global Advertising Market by Health and Medical Industry, 2018-2030 (USD Million)
  18. Global Advertising Market by Commercial and Personal Services, 2018-2030 (USD Million)
  19. Global Advertising Market by Consumer Goods, 2018-2030 (USD Million)
  20. Global Advertising Market by Others, 2018-2030 (USD Million)
  21. Global Advertising Market share, by Region, 2019 and 2026
  22. North America Advertising Market, 2018-2030 (USD Million)
  23. Europe Advertising Market, 2018-2030 (USD Million)
  24. Asia Pacific Advertising Market, 2018-2030 (USD Million)
  25. Latin America Advertising Market, 2018-2030 (USD Million)
  26. Middle East & Africa Advertising Market, 2018-2030 (USD Million)

 

List of Tables

  1. Global Advertising Market: snapshot
  2. Drivers of the Advertising Market: impact analysis
  3. Restraints of the Advertising Market: impact analysis
  4. North America Advertising Market revenue, By Product Type,2018-2030 (USD Million)
  5. North America Advertising Market revenue, By Application,2018-2030 (USD Million)
  6. Europe Advertising Market revenue, By Product Type,2018-2030 (USD Million)
  7. Europe Advertising Market revenue, By Application,2018-2030 (USD Million)
  8. Asia Pacific Advertising Market revenue, By Product Type,2018-2030 (USD Million)
  9. Asia Pacific Advertising Market revenue, By Application,2018-2030 (USD Million)
  10. Latin America Advertising Market revenue, By Product Type,2018-2030 (USD Million)
  11. Latin America Advertising Market revenue, By Application,2018-2030 (USD Million)
  12. Middle East & Africa Advertising Market revenue, By Product Type,2018-2030 (USD Million)
  13. Middle East & Africa Advertising Market revenue, By Application,2018-2030 (USD Million)
  • Omnicom Group
  • WPP
  • Dentsu Inc.
  • PublicisGroupe
  • IPG
  • Havas SA
  • Focus Media Group
  • Guangdong Advertising Co. Ltd.
  • Bluefocus Communication Group Co. Ltd.
  • SiMei Media
  • AVIC Culture Co.Ltd.
  • Yinlimedia
  • Hunan TV and Broadcast Intermediary Co. Ltd.
  • Guangdong Guangzhou Daily Media Co. Ltd.
  • Beijing Bashi Media Co. Ltd.
  • Dahe Group
  • China Television Media
  • Spearhead Integrated Marketing Communication Group
  • Shanghai Xinhua Media Co. Ltd.
  • Chengdu B-ray Media Co. Ltd.

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An Overview on Research Methodology used at Syndicate Market Research:

1.1 Research Methodology

The process of market research at Syndicate Market Research is an iterative in nature and usually follows following path. Information from secondary is used to build data models, further the results obtained from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new information is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the market providers. The revenue generated from the sales of market is calculated through primary and secondary research. The key players operating in the market across the globe are identified through secondary research and a corresponding detailed analysis of the top vendors in the market is done. The market size calculation also includes clinical trial phase segmentation determined using secondary sources and verified through primary sources.

1.2 Secondary Research

The secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The sources for secondary research includes but is not limited to: Factiva, Hoovers and Statista

1.3 Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ clinical trial phase managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4 Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data types to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways - Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.

1.5 Research Limitations

Inflation is not a part of pricing in this report. Prices of the products and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each type has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end user in each region.

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