Global Reference Management Tools Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 11/23/2022
- NO OF PAGES
- 289
- CATEGORY
- Information Technology
The competitive landscape analysis of Reference Management Tools Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.
Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Reference Management Tools Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.
Market Segmentations:
Global Reference Management Tools Market: Top Key Players
Mendeley
Clarivate (EndNote)
Chegg (EasyBib)
ProQuest (RefWorks)
Zotero
JabRef
Cite4me
Sorc’d
Citavi
Paperpile
Digital Science (ReadCube)
Wizdom.ai
NoteExpress
Reference Management Tools Breakdown Data by Type
Cloud Based
Web Based
Reference Management Tools Breakdown Data by Application
Academic
Corporate
Government
Global Reference Management Tools 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.
Reasons to Purchase Reference Management Tools Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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: 2023Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Reference Management Tools Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.
Market Segmentations:
Global Reference Management Tools Market: Top Key Players
Mendeley
Clarivate (EndNote)
Chegg (EasyBib)
ProQuest (RefWorks)
Zotero
JabRef
Cite4me
Sorc’d
Citavi
Paperpile
Digital Science (ReadCube)
Wizdom.ai
NoteExpress
Reference Management Tools Breakdown Data by Type
Cloud Based
Web Based
Reference Management Tools Breakdown Data by Application
Academic
Corporate
Government
Global Reference Management Tools 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.
Reasons to Purchase Reference Management Tools Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Reference Management Tools Revenue
1.4 Market Analysis by Type
1.4.1 Global Reference Management Tools Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Cloud Based
1.4.3 Web Based
1.5 Market by Application
1.5.1 Global Reference Management Tools Market Share by Application: 2022 VS 2030
1.5.2 Academic
1.5.3 Corporate
1.5.4 Government
1.6 Coronavirus Disease 2019 (Covid-19): Reference Management Tools Industry Impact
1.6.1 How the Covid-19 is Affecting the Reference Management Tools Industry
1.6.1.1 Reference Management Tools Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Reference Management Tools Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Reference Management Tools Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Reference Management Tools Market Perspective (2016-2030)
2.2 Reference Management Tools Growth Trends by Regions
2.2.1 Reference Management Tools Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Reference Management Tools Historic Market Share by Regions (2016-2021)
2.2.3 Reference Management Tools Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Reference Management Tools Market Growth Strategy
2.3.6 Primary Interviews with Key Reference Management Tools Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Reference Management Tools Players by Market Size
3.1.1 Global Top Reference Management Tools Players by Revenue (2016-2021)
3.1.2 Global Reference Management Tools Revenue Market Share by Players (2016-2021)
3.1.3 Global Reference Management Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Reference Management Tools Market Concentration Ratio
3.2.1 Global Reference Management Tools Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Reference Management Tools Revenue in 2021
3.3 Reference Management Tools Key Players Head office and Area Served
3.4 Key Players Reference Management Tools Product Solution and Service
3.5 Date of Enter into Reference Management Tools Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2016-2030)
4.1 Global Reference Management Tools Historic Market Size by Type (2016-2021)
4.2 Global Reference Management Tools Forecasted Market Size by Type (2022-2030)
5 Reference Management Tools Breakdown Data by Application (2016-2030)
5.1 Global Reference Management Tools Market Size by Application (2016-2021)
5.2 Global Reference Management Tools Forecasted Market Size by Application (2022-2030)
6 North America
6.1 North America Reference Management Tools Market Size (2016-2021)
6.2 Reference Management Tools Key Players in North America (2016-2021)
6.3 North America Reference Management Tools Market Size by Type (2016-2021)
6.4 North America Reference Management Tools Market Size by Application (2016-2021)
7 Europe
7.1 Europe Reference Management Tools Market Size (2016-2021)
7.2 Reference Management Tools Key Players in Europe (2016-2021)
7.3 Europe Reference Management Tools Market Size by Type (2016-2021)
7.4 Europe Reference Management Tools Market Size by Application (2016-2021)
8 China
8.1 China Reference Management Tools Market Size (2016-2021)
8.2 Reference Management Tools Key Players in China (2016-2021)
8.3 China Reference Management Tools Market Size by Type (2016-2021)
8.4 China Reference Management Tools Market Size by Application (2016-2021)
(2016-2021)
(2016-2021)
9 Key Players Profiles
9.1 Mendeley
9.1.1 Mendeley Company Details
9.1.2 Mendeley Business Overview and Its Total Revenue
9.1.3 Mendeley Reference Management Tools Introduction
9.1.4 Mendeley Revenue in Reference Management Tools Business (2016-2021)
9.1.5 Mendeley Recent Development
9.2 Clarivate (EndNote)
9.2.1 Clarivate (EndNote) Company Details
9.2.2 Clarivate (EndNote) Business Overview and Its Total Revenue
9.2.3 Clarivate (EndNote) Reference Management Tools Introduction
9.2.4 Clarivate (EndNote) Revenue in Reference Management Tools Business (2016-2021)
9.2.5 Clarivate (EndNote) Recent Development
9.3 Chegg (EasyBib)
9.3.1 Chegg (EasyBib) Company Details
9.3.2 Chegg (EasyBib) Business Overview and Its Total Revenue
9.3.3 Chegg (EasyBib) Reference Management Tools Introduction
9.3.4 Chegg (EasyBib) Revenue in Reference Management Tools Business (2016-2021)
9.3.5 Chegg (EasyBib) Recent Development
9.4 ProQuest (RefWorks)
9.4.1 ProQuest (RefWorks) Company Details
9.4.2 ProQuest (RefWorks) Business Overview and Its Total Revenue
9.4.3 ProQuest (RefWorks) Reference Management Tools Introduction
9.4.4 ProQuest (RefWorks) Revenue in Reference Management Tools Business (2016-2021)
9.4.5 ProQuest (RefWorks) Recent Development
9.5 Zotero
9.5.1 Zotero Company Details
9.5.2 Zotero Business Overview and Its Total Revenue
9.5.3 Zotero Reference Management Tools Introduction
9.5.4 Zotero Revenue in Reference Management Tools Business (2016-2021)
9.5.5 Zotero Recent Development
9.6 JabRef
9.6.1 JabRef Company Details
9.6.2 JabRef Business Overview and Its Total Revenue
9.6.3 JabRef Reference Management Tools Introduction
9.6.4 JabRef Revenue in Reference Management Tools Business (2016-2021)
9.6.5 JabRef Recent Development
9.7 Cite4me
9.7.1 Cite4me Company Details
9.7.2 Cite4me Business Overview and Its Total Revenue
9.7.3 Cite4me Reference Management Tools Introduction
9.7.4 Cite4me Revenue in Reference Management Tools Business (2016-2021)
9.7.5 Cite4me Recent Development
9.8 Sorc’d
9.8.1 Sorc’d Company Details
9.8.2 Sorc’d Business Overview and Its Total Revenue
9.8.3 Sorc’d Reference Management Tools Introduction
9.8.4 Sorc’d Revenue in Reference Management Tools Business (2016-2021)
9.8.5 Sorc’d Recent Development
9.9 Citavi
9.9.1 Citavi Company Details
9.9.2 Citavi Business Overview and Its Total Revenue
9.9.3 Citavi Reference Management Tools Introduction
9.9.4 Citavi Revenue in Reference Management Tools Business (2016-2021)
9.9.5 Citavi Recent Development
9.10 Paperpile
9.10.1 Paperpile Company Details
9.10.2 Paperpile Business Overview and Its Total Revenue
9.10.3 Paperpile Reference Management Tools Introduction
9.10.4 Paperpile Revenue in Reference Management Tools Business (2016-2021)
9.10.5 Paperpile Recent Development
9.11 Digital Science (ReadCube)
10.11.1 Digital Science (ReadCube) Company Details
10.11.2 Digital Science (ReadCube) Business Overview and Its Total Revenue
10.11.3 Digital Science (ReadCube) Reference Management Tools Introduction
10.11.4 Digital Science (ReadCube) Revenue in Reference Management Tools Business (2016-2021)
10.11.5 Digital Science (ReadCube) Recent Development
9.12 Wizdom.ai
10.12.1 Wizdom.ai Company Details
10.12.2 Wizdom.ai Business Overview and Its Total Revenue
10.12.3 Wizdom.ai Reference Management Tools Introduction
10.12.4 Wizdom.ai Revenue in Reference Management Tools Business (2016-2021)
10.12.5 Wizdom.ai Recent Development
9.13 NoteExpress
10.13.1 NoteExpress Company Details
10.13.2 NoteExpress Business Overview and Its Total Revenue
10.13.3 NoteExpress Reference Management Tools Introduction
10.13.4 NoteExpress Revenue in Reference Management Tools Business (2016-2021)
10.13.5 NoteExpress Recent Development
10 Analyst's Viewpoints/Conclusions
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.2 Data Source
11.2 Disclaimer
11.3 Author Details
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Reference Management Tools Revenue
1.4 Market Analysis by Type
1.4.1 Global Reference Management Tools Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Cloud Based
1.4.3 Web Based
1.5 Market by Application
1.5.1 Global Reference Management Tools Market Share by Application: 2022 VS 2030
1.5.2 Academic
1.5.3 Corporate
1.5.4 Government
1.6 Coronavirus Disease 2019 (Covid-19): Reference Management Tools Industry Impact
1.6.1 How the Covid-19 is Affecting the Reference Management Tools Industry
1.6.1.1 Reference Management Tools Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Reference Management Tools Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Reference Management Tools Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Reference Management Tools Market Perspective (2016-2030)
2.2 Reference Management Tools Growth Trends by Regions
2.2.1 Reference Management Tools Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Reference Management Tools Historic Market Share by Regions (2016-2021)
2.2.3 Reference Management Tools Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Reference Management Tools Market Growth Strategy
2.3.6 Primary Interviews with Key Reference Management Tools Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Reference Management Tools Players by Market Size
3.1.1 Global Top Reference Management Tools Players by Revenue (2016-2021)
3.1.2 Global Reference Management Tools Revenue Market Share by Players (2016-2021)
3.1.3 Global Reference Management Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Reference Management Tools Market Concentration Ratio
3.2.1 Global Reference Management Tools Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Reference Management Tools Revenue in 2021
3.3 Reference Management Tools Key Players Head office and Area Served
3.4 Key Players Reference Management Tools Product Solution and Service
3.5 Date of Enter into Reference Management Tools Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2016-2030)
4.1 Global Reference Management Tools Historic Market Size by Type (2016-2021)
4.2 Global Reference Management Tools Forecasted Market Size by Type (2022-2030)
5 Reference Management Tools Breakdown Data by Application (2016-2030)
5.1 Global Reference Management Tools Market Size by Application (2016-2021)
5.2 Global Reference Management Tools Forecasted Market Size by Application (2022-2030)
6 North America
6.1 North America Reference Management Tools Market Size (2016-2021)
6.2 Reference Management Tools Key Players in North America (2016-2021)
6.3 North America Reference Management Tools Market Size by Type (2016-2021)
6.4 North America Reference Management Tools Market Size by Application (2016-2021)
7 Europe
7.1 Europe Reference Management Tools Market Size (2016-2021)
7.2 Reference Management Tools Key Players in Europe (2016-2021)
7.3 Europe Reference Management Tools Market Size by Type (2016-2021)
7.4 Europe Reference Management Tools Market Size by Application (2016-2021)
8 China
8.1 China Reference Management Tools Market Size (2016-2021)
8.2 Reference Management Tools Key Players in China (2016-2021)
8.3 China Reference Management Tools Market Size by Type (2016-2021)
8.4 China Reference Management Tools Market Size by Application (2016-2021)
(2016-2021)
(2016-2021)
9 Key Players Profiles
9.1 Mendeley
9.1.1 Mendeley Company Details
9.1.2 Mendeley Business Overview and Its Total Revenue
9.1.3 Mendeley Reference Management Tools Introduction
9.1.4 Mendeley Revenue in Reference Management Tools Business (2016-2021)
9.1.5 Mendeley Recent Development
9.2 Clarivate (EndNote)
9.2.1 Clarivate (EndNote) Company Details
9.2.2 Clarivate (EndNote) Business Overview and Its Total Revenue
9.2.3 Clarivate (EndNote) Reference Management Tools Introduction
9.2.4 Clarivate (EndNote) Revenue in Reference Management Tools Business (2016-2021)
9.2.5 Clarivate (EndNote) Recent Development
9.3 Chegg (EasyBib)
9.3.1 Chegg (EasyBib) Company Details
9.3.2 Chegg (EasyBib) Business Overview and Its Total Revenue
9.3.3 Chegg (EasyBib) Reference Management Tools Introduction
9.3.4 Chegg (EasyBib) Revenue in Reference Management Tools Business (2016-2021)
9.3.5 Chegg (EasyBib) Recent Development
9.4 ProQuest (RefWorks)
9.4.1 ProQuest (RefWorks) Company Details
9.4.2 ProQuest (RefWorks) Business Overview and Its Total Revenue
9.4.3 ProQuest (RefWorks) Reference Management Tools Introduction
9.4.4 ProQuest (RefWorks) Revenue in Reference Management Tools Business (2016-2021)
9.4.5 ProQuest (RefWorks) Recent Development
9.5 Zotero
9.5.1 Zotero Company Details
9.5.2 Zotero Business Overview and Its Total Revenue
9.5.3 Zotero Reference Management Tools Introduction
9.5.4 Zotero Revenue in Reference Management Tools Business (2016-2021)
9.5.5 Zotero Recent Development
9.6 JabRef
9.6.1 JabRef Company Details
9.6.2 JabRef Business Overview and Its Total Revenue
9.6.3 JabRef Reference Management Tools Introduction
9.6.4 JabRef Revenue in Reference Management Tools Business (2016-2021)
9.6.5 JabRef Recent Development
9.7 Cite4me
9.7.1 Cite4me Company Details
9.7.2 Cite4me Business Overview and Its Total Revenue
9.7.3 Cite4me Reference Management Tools Introduction
9.7.4 Cite4me Revenue in Reference Management Tools Business (2016-2021)
9.7.5 Cite4me Recent Development
9.8 Sorc’d
9.8.1 Sorc’d Company Details
9.8.2 Sorc’d Business Overview and Its Total Revenue
9.8.3 Sorc’d Reference Management Tools Introduction
9.8.4 Sorc’d Revenue in Reference Management Tools Business (2016-2021)
9.8.5 Sorc’d Recent Development
9.9 Citavi
9.9.1 Citavi Company Details
9.9.2 Citavi Business Overview and Its Total Revenue
9.9.3 Citavi Reference Management Tools Introduction
9.9.4 Citavi Revenue in Reference Management Tools Business (2016-2021)
9.9.5 Citavi Recent Development
9.10 Paperpile
9.10.1 Paperpile Company Details
9.10.2 Paperpile Business Overview and Its Total Revenue
9.10.3 Paperpile Reference Management Tools Introduction
9.10.4 Paperpile Revenue in Reference Management Tools Business (2016-2021)
9.10.5 Paperpile Recent Development
9.11 Digital Science (ReadCube)
10.11.1 Digital Science (ReadCube) Company Details
10.11.2 Digital Science (ReadCube) Business Overview and Its Total Revenue
10.11.3 Digital Science (ReadCube) Reference Management Tools Introduction
10.11.4 Digital Science (ReadCube) Revenue in Reference Management Tools Business (2016-2021)
10.11.5 Digital Science (ReadCube) Recent Development
9.12 Wizdom.ai
10.12.1 Wizdom.ai Company Details
10.12.2 Wizdom.ai Business Overview and Its Total Revenue
10.12.3 Wizdom.ai Reference Management Tools Introduction
10.12.4 Wizdom.ai Revenue in Reference Management Tools Business (2016-2021)
10.12.5 Wizdom.ai Recent Development
9.13 NoteExpress
10.13.1 NoteExpress Company Details
10.13.2 NoteExpress Business Overview and Its Total Revenue
10.13.3 NoteExpress Reference Management Tools Introduction
10.13.4 NoteExpress Revenue in Reference Management Tools Business (2016-2021)
10.13.5 NoteExpress Recent Development
10 Analyst's Viewpoints/Conclusions
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.2 Data Source
11.2 Disclaimer
11.3 Author Details
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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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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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