Smart Grid Managed Services Market By Type (Energy Management Systems (EMS), Distribution Management Systems (DMS), Data Analytics, Other), By Application (Power Utilities, Independent Power Producers (IPPs), Other), and By Region - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2022 - 2028

Software & Services Syndicate Market Research Pages: 125 Report ID: 7197

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Report Description

This report is a comprehensive study providing a detailed analysis of the smart grid managed services market. The report defines the type of smart grid managed services along with its application in various industry verticals with reference to various regions and major countries. Further, the study has identified and studied all the major players operating in the global smart grid managed services market space and equated based on various parameters such as market revenue, annual sales volume, historical growth rate, and business strategies. Based on all these insights, the global smart grid managed services market report recommends a business strategy for the current market participants to strengthen their market positions. Moreover, the report also suggests a market entry strategy for the new market entrants.

Furthermore, the smart grid managed services market report has also identified the major vendors and distributors operating in all the major regions. This analysis and data is expected to help the market players to strengthen their market distribution channels and expand their geographical reach.

Smart Grid Managed Services Market Strategic Analysis 

The smart grid managed services market report has analyzed the market using various marketing tools such as Porter’s Five Forces Analysis, player positioning analysis, SWOT analysis, market share analysis, and value chain analysis. In Porter’s Five Forces analysis, the market dynamics and factors such as the threat of substitute for smart grid managed services, threat of new entrants in the smart grid managed services market, bargaining power of buyers, bargaining power of suppliers to smart grid managed services providing companies, and internal rivalry among the smart grid managed services providers are analyzed to provide the readers of the report with a detailed view of the market current dynamics.

This analysis helps the users of the report to evaluate the smart grid managed services market based on various parameters such as economies of scale, switching costs, brand loyalty, existing distribution channels, capital investments, manufacturing rights & patents, government regulations, the impact of advertisements, and impact of consumer’s preferences. This all summarized data is anticipated to help the key decision-makers of the industry in the decision-making process. Further, this analysis also answers the imperative question for new entrants to enter the smart grid managed services market or not.

Smart Grid Managed Services Market Key Trends Analysis

The report has analyzed the major factors which are impacting the growth of smart grid managed services market. Driving factors that are positively impacting the demand for smart grid managed services and restraining factors that are hindering the growth of smart grid managed services market are discussed in detail along with their impacts on the global smart grid managed services market. Further, the trends which are shaping the market and impacting the growth of the market are identified and discussed in detail in the reported study. Moreover, other qualitative factors such as risks associated with the operations and major challenges faced by the players in the market space are included in the report.

Smart Grid Managed Services Market Key Segment Analysis

The study provides a decisive view on the smart grid managed services by segmenting the market based on type, application, and region. All the segments of the smart grid managed services market have been analyzed based on present and future trends. The data for the market and its segments are forecast for 2020 to 2026. The report has identified the segments contributing most to the overall market growth in terms of revenue along with the factors boosting their growth.

Based on type, the global smart grid managed services market is segmented into Energy Management Systems (EMS), Distribution Management Systems (DMS), Data Analytics, Other. Detailed qualitative as well as quantitative type segment analysis will be provided in the report for 2016 to 2026.

Based on application market is segmented into Power Utilities, Independent Power Producers (IPPs), Other. Various potential opportunities and factors affecting the different application are analyzed and included in the report study.

Smart Grid Managed Services Market Regional Trends and Market Player’s Analysis

Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Wherein, North America dominated the global smart grid managed services market in 2019. Over the forecast period, the Asia Pacific region is anticipated to witness the highest CAGR for the smart grid managed services market. 

Smart Grid Managed Services Market Size By Region

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Major companies holding significant market shares in the global smart grid managed services market are analyzed considering their market revenue, market shares, business strategies, recent developments, and growth rates. Recent events for these companies such as new solution/product launches, research initiatives, acquisitions, geographical expansions, and technological advancements are considered in finalizing their position in the smart grid managed services market player positioning. The information provided in the smart grid managed services market research study is expected to be helpful for all the key stakeholders of the smart grid managed services value chain and technology ecosystem.

The report provides company market share analysis in order to give a broader overview of the key players in the smart grid managed services market. Major players in the global smart grid managed services market are GE-Alstom, IBM Corp, Siemens Corp, Ericsson, Itron, Lockheed Martin, Alcatel-Lucent, Accenture Plc, Capgemini SA, AT&T, EnerNOC, Infosys, Wipro, FirstCarbon Solutions, HCL Technologies, Tendril Networks, Trilliant Energy Services, among others.

Scope of the report

Report Scope Details
Base Year: 2019 Historical Data for: 2016 to 2018
Forecast Period: 2020 to 2026 Pages: 125
Market representation Revenue in USD Million & CAGR from 2020 to 2026
Geographies covered: USA, Canada, Mexico, Brazil, Argentina, U.K., Germany, Italy, France, Spain, China, Japan, India, Australia, Saudi Arabia, Qatar, UAE, South Africa, etc.
Segments covered: Type, and Application
Companies covered: GE-Alstom, IBM Corp, Siemens Corp, Ericsson, Itron, Lockheed Martin, Alcatel-Lucent, Accenture Plc, Capgemini SA, AT&T, EnerNOC, Infosys, Wipro, FirstCarbon Solutions, HCL Technologies, Tendril Networks, Trilliant Energy Services
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

Major Highlights of the Smart Grid Managed Services Market report study:

  • A detailed look at the global smart grid managed services Industry
  • The report analyzes the global smart grid managed services market and provides its stakeholders with significant actionable insights
  • The report has considered all the major developments in the recent past, helping the users of the report with recent industry updates
  • The report study is expected to help the key decision-makers in the industry to assist them in the decision-making process
  • The study includes data on market intelligence, changing market dynamics, current and expected market trends, etc.
  • The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global smart grid managed services market
  • Market Ecosystem and adoption across market regions
  • Major trends shaping the global smart grid managed services market
  • Historical and forecast size of the smart grid managed services market in terms of Revenue (USD Million) 
  • Recent industry development and consumer preference trends
  • Competitive Landscape and player positioning analysis for the global smart grid managed services market
  • Key products and solution offerings by major players and business strategies adopted
  • Recommendations for new market entrants and current players operating in the market space 
  • Analysis of niche and potential segments (type, application, and regions/countries) anticipated to observed promising growth 
  • Key challenges faced by operating players in the market space
  • Analysis of major risks associated with the market operations 

The report segment of the global smart grid managed services market as follows:

Global Smart Grid Managed Services Market: By Type

  • Energy Management Systems (EMS)
  • Distribution Management Systems (DMS)
  • Data Analytics
  • Other
Global Smart Grid Managed Services Market: By Application
  • Power Utilities
  • Independent Power Producers (IPPs)
  • Other
Global Smart Grid Managed Services 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

The report study is drafted to provide actionable insights to the following mentioned audience:

  1. Research Institutes, consulting firm
  2. Companies aspire to enter the smart grid managed services market
  3. Student and universities 
  4. Solution Providers, product providers, service providers, and other players in the smart grid managed services market space
  5. Associated private firms and government bodies
  6. Individual who want to learn about smart grid managed services market 

Frequently Asked Questions

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

  • GE-Alstom
  • IBM Corp
  • Siemens Corp
  • Ericsson
  • Itron
  • Lockheed Martin
  • Alcatel-Lucent
  • Accenture Plc
  • Capgemini SA
  • AT&T
  • EnerNOC
  • Infosys
  • Wipro
  • FirstCarbon Solutions
  • HCL Technologies
  • Tendril Networks
  • Trilliant Energy Services

Based on the Smart Grid Managed Services market analysis, North America is predicted to held the highest share in the Smart Grid Managed Services market during the forecast period.

The statistical data of the top market players of Smart Grid Managed Services industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the Smart Grid Managed Services 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 Smart Grid Managed Services 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 Smart Grid Managed Services 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. Smart Grid Managed Services Market, 2016-2026 (USD Million)
    2. Smart Grid Managed Services Market: Snapshot
  3. Smart Grid Managed Services - Industry Analysis
    1. Smart Grid Managed Services: 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. Smart Grid Managed Services Market - Competitive Landscape
    1. Company market share analysis
      1. Global Smart Grid Managed Services 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 Smart Grid Managed Services Market -Type Analysis
    1. Global Smart Grid Managed Services Market overview: By Type
      1. Global Smart Grid Managed Services Market share, By Type,2019 and 2026
    2. Energy Management Systems (EMS)
      1. Global Smart Grid Managed Services Market by Energy Management Systems (EMS), 2016-2026 (USD Million)
    3. Distribution Management Systems (DMS)
      1. Global Smart Grid Managed Services Market by Distribution Management Systems (DMS), 2016-2026 (USD Million)
    4. Data Analytics
      1. Global Smart Grid Managed Services Market by Data Analytics, 2016-2026 (USD Million)
    5. Other
      1. Global Smart Grid Managed Services Market by Other, 2016-2026 (USD Million)
  6. Global Smart Grid Managed Services Market -Application Analysis
    1. Global Smart Grid Managed Services Market overview: By Application
      1. Global Smart Grid Managed Services Market share, By Application,2019 and 2026
    2. Power Utilities
      1. Global Smart Grid Managed Services Market by Power Utilities, 2016-2026 (USD Million)
    3. Independent Power Producers (IPPs)
      1. Global Smart Grid Managed Services Market by Independent Power Producers (IPPs), 2016-2026 (USD Million)
    4. Other
      1. Global Smart Grid Managed Services Market by Other, 2016-2026 (USD Million)
  7. Global Smart Grid Managed Services Market - Regional Analysis
    1. Global Smart Grid Managed Services Market overview: by Region
      1. Global Smart Grid Managed Services Market share, by Region, 2019 and 2026
    2. North America
      1. North America Smart Grid Managed Services Market, 2016-2026 (USD Million)
      1. North America Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      1. North America Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      1. U.S. Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      2. U.S. Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      3. Canada Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      4. Canada Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      5. Mexico Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      6. Mexico Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
    3. Europe
      1. Europe Smart Grid Managed Services Market, 2016-2026 (USD Million)
      1. Europe Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      1. Europe Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      1. UK Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      2. UK Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      3. Germany Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      4. Germany Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      5. France Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      6. France Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      7. Italy Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      8. Italy Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      9. Spain Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      10. Spain Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      11. Netherlands Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      12. Netherlands Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      13. Rest of Europe Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      14. Rest of Europe Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Smart Grid Managed Services Market, 2016-2026 (USD Million)
      1. Asia Pacific Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      1. Asia Pacific Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      1. China Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      2. China Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      3. Japan Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      4. Japan Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      5. India Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      6. India Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      7. Australia Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      8. Australia Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      9. South East Asia Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      10. South East Asia Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      11. South Korea Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      12. South Korea Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      13. Rest of Asia Pacific Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      14. Rest of Asia Pacific Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
    5. Latin America
      1. Latin America Smart Grid Managed Services Market, 2016-2026 (USD Million)
      1. Latin America Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      1. Latin America Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      1. Brazil Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      2. Brazil Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      3. Argentina Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      4. Argentina Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      5. Chile Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      6. Chile Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      7. Rest of Latin America Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      8. Rest of Latin America Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Smart Grid Managed Services Market, 2016-2026 (USD Million)
      1. Middle East & Africa Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      1. Middle East & Africa Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      1. GCC Countries Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      2. GCC Countries Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      3. Nigeria Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      4. Nigeria Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      5. South Africa Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      6. South Africa Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
      7. Rest of Middle East & Africa Smart Grid Managed Services Market revenue, By Type, 2016-2026 (USD Million)
      8. Rest of Middle East & Africa Smart Grid Managed Services Market revenue, By Application, 2016-2026 (USD Million)
  8. Company Profiles
    1. GE-Alstom
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. IBM Corp
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. Siemens Corp
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. Ericsson
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. Itron
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. Lockheed Martin
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    7. Alcatel-Lucent
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    8. Accenture Plc
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    9. Capgemini SA
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    10. AT&T
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    11. EnerNOC
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    12. Infosys
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    13. Wipro
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    14. FirstCarbon Solutions
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    15. HCL Technologies
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    16. Tendril Networks
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    17. Trilliant Energy Services
      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 Smart Grid Managed Services Market, 2016-2026 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Smart Grid Managed Services Market attractiveness, By Type
  6. Global Smart Grid Managed Services Market attractiveness, By Application
  7. Global Smart Grid Managed Services market share, By Type, 2019 and 2026
  8. Global Smart Grid Managed Services Market by Energy Management Systems (EMS), 2016-2026 (USD Million)
  9. Global Smart Grid Managed Services Market by Distribution Management Systems (DMS), 2016-2026 (USD Million)
  10. Global Smart Grid Managed Services Market by Data Analytics, 2016-2026 (USD Million)
  11. Global Smart Grid Managed Services Market by Other, 2016-2026 (USD Million)
  12. Global Smart Grid Managed Services market share, By Application, 2019 and 2026
  13. Global Smart Grid Managed Services Market by Power Utilities, 2016-2026 (USD Million)
  14. Global Smart Grid Managed Services Market by Independent Power Producers (IPPs), 2016-2026 (USD Million)
  15. Global Smart Grid Managed Services Market by Other, 2016-2026 (USD Million)
  16. Global Smart Grid Managed Services Market share, by Region, 2019 and 2026
  17. North America Smart Grid Managed Services Market, 2016-2026 (USD Million)
  18. Europe Smart Grid Managed Services Market, 2016-2026 (USD Million)
  19. Asia Pacific Smart Grid Managed Services Market, 2016-2026 (USD Million)
  20. Latin America Smart Grid Managed Services Market, 2016-2026 (USD Million)
  21. Middle East & Africa Smart Grid Managed Services Market, 2016-2026 (USD Million)

 

List of Tables

  1. Global Smart Grid Managed Services Market: snapshot
  2. Drivers of the Smart Grid Managed Services Market: impact analysis
  3. Restraints of the Smart Grid Managed Services Market: impact analysis
  4. North America Smart Grid Managed Services Market revenue, By Product Type,2016-2026 (USD Million)
  5. North America Smart Grid Managed Services Market revenue, By Application,2016-2026 (USD Million)
  6. Europe Smart Grid Managed Services Market revenue, By Product Type,2016-2026 (USD Million)
  7. Europe Smart Grid Managed Services Market revenue, By Application,2016-2026 (USD Million)
  8. Asia Pacific Smart Grid Managed Services Market revenue, By Product Type,2016-2026 (USD Million)
  9. Asia Pacific Smart Grid Managed Services Market revenue, By Application,2016-2026 (USD Million)
  10. Latin America Smart Grid Managed Services Market revenue, By Product Type,2016-2026 (USD Million)
  11. Latin America Smart Grid Managed Services Market revenue, By Application,2016-2026 (USD Million)
  12. Middle East & Africa Smart Grid Managed Services Market revenue, By Product Type,2016-2026 (USD Million)
  13. Middle East & Africa Smart Grid Managed Services Market revenue, By Application,2016-2026 (USD Million)
  • GE-Alstom
  • IBM Corp
  • Siemens Corp
  • Ericsson
  • Itron
  • Lockheed Martin
  • Alcatel-Lucent
  • Accenture Plc
  • Capgemini SA
  • AT&T
  • EnerNOC
  • Infosys
  • Wipro
  • FirstCarbon Solutions
  • HCL Technologies
  • Tendril Networks
  • Trilliant Energy Services

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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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