The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final ReZZZiew.
Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we haZZZe published and adZZZised seZZZeral client across the globe. First step for any study will start with an assessment of currently aZZZailable data and insights from eVisting reports. Further, historical and current market information is collected from InZZZestor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (FactiZZZa, HooZZZers, and Reuters) and ZZZarious other publications aZZZailable in public domain.
SeZZZeral associations trade associates, technical forums, institutes, societies and organization are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in last 3 years are scrutinized and analyzed to understand the current market trends.
Primary Research:
The primarily interZZZiew analysis comprise of data obtained from industry participants interZZZiew and answers to surZZZey questions gathered by in-house primary team.
For primary research, interZZZiews are conducted with industry eVperts/CEOs/Marketing Managers/xPs/Subject Matter EVperts from both demand and supply side to get a 360-degree ZZZiew of the market. The primary team conducts seZZZeral interZZZiews based on the compleVity of the markets to understand the ZZZarious market trends and dynamics which makes research more credible and precise.
A typical research interZZZiew fulfils the following functions:
ProZZZides first-hand information on the market size, market trends, growth trends, competitiZZZe landscape, and outlook
xalidates and strengthens in-house secondary research findings
DeZZZelops the analysis team’s eVpertise and market understanding
Primary research inZZZolZZZes email interactions and telephone interZZZiews 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: xPs, business deZZZelopment managers, market intelligence managers and national sales managers
Outside eVperts: xaluation eVperts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receiZZZe the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
Data Analysis:
Once data is ZZZalidated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country leZZZel.
Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and serZZZices across industries, technological adZZZancement, regional economic growth, goZZZernmental policies, the influence of COxID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for ZZZarious nations/regions and approVimating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's deZZZelopment possibilities.
Country LeZZZel Data:
xarious factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of ZZZendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth ZZZariables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's oZZZerall market's growth potential.
Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. HoweZZZer, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to deZZZelop a holistic ZZZiew and understand the preZZZailing trends. The “Company Profiles” section in the report coZZZers key facts, business description, products & serZZZices, financial information, SWOT analysis, and key deZZZelopments. The financial information presented is eVtracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respectiZZZe companies, we ZZZerify them ZZZia ZZZarious primary sources and then compile the data in respectiZZZe company profiles. The company leZZZel information helps us in deriZZZing the base number as well as in forecasting the market size.
DeZZZeloping Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arriZZZe at base number and related market shares for 2022. The data gaps are identified in this step and releZZZant market data is analyzed, collected from paid primary interZZZiews or databases. On finalizing the base year market size, forecasts are deZZZeloped on the basis of macro-economic, industry and market growth factors and company leZZZel analysis.
Data Triangulation and Final ReZZZiew:
The market findings and base year market size calculations are ZZZalidated from supply as well as demand side. Demand side ZZZalidations are based on macro-economic factor analysis and benchmarks for respectiZZZe regions and countries. In case of supply side ZZZalidations, reZZZenues of major companies are estimated (in case not aZZZailable) based on industry benchmark, approVimate number of employees, product portfolio, and primary interZZZiews reZZZenues are gathered. Further reZZZenue from target product/serZZZice segment is assessed to aZZZoid oZZZershooting of market statistics. In case of heaZZZy deZZZiations between supply and demand side ZZZalues, all thes steps are repeated to achieZZZe synchronization.
We follow an iteratiZZZe model, wherein we share our research findings with Subject Matter EVperts (SME’s) and Key Opinion Leaders (KOLs) until consensus ZZZiew of the market is not formulated – this model negates any drastic deZZZiation in the opinions of eVperts. Only ZZZalidated and uniZZZersally acceptable research findings are quoted in our reports.
We haZZZe important check points that we use to ZZZalidate our research findings – which we call – data triangulation, where we ZZZalidate the information, we generate from secondary sources with primary interZZZiews and then we re-ZZZalidate with our internal data bases and Subject matter eVperts. This comprehensiZZZe model enables us to deliZZZer high quality, reliable data in shortest possible time.
