Statista | Mar-2024: figures include Cryptocurrencies, NFT, DeFi
Contrive Datum Insights | Jan-2022: Contrive Datum Insights adheres to a unified methodology in order to reduce the amount of errors that are still present to an acceptable level. This is accomplished by refining the scope of the project, validating the findings through primary insights, and nurturing the in-house database on a consistent basis. In order to account for the continual shifts in the market's dynamics and to keep the model current in the face of any developments in those dynamics, a dynamic model has been developed. The parameters and variables that are used in the research are different for each particular market, and the most essential thing is that the model incorporates information from both the demand side and the supply side to determine where there is a gap in the market. The raw data from the market is collected and organised on a broad front. Data goes through constant filtering to make sure that only sources that have been certified and authenticated are taken into consideration. In addition, the data is mined from a large number of reports that are stored in our repository, in addition to a number of well-regarded commercial databases that need payment. It is vital to have a complete awareness of the value chain in order to have a comprehensive grasp of the market. In order to facilitate this understanding, we collect data from buyers, distributors, and suppliers of raw materials. Surveys, technical symposia, and trade magazines are the primary sources for obtaining information regarding technical issues and trends. Additionally, technical data is collected with an eye toward intellectual property, with a concentration on white space and the freedom of movement. The dynamics of the industry, including its drivers, its restrictions, and the changes in price, are also gathered. As a consequence of this, the content that was generated includes a wide variety of first-hand data, which is afterward subjected to additional cross-validation and authenticated using published sources. The whole research process involves 3 major activities: Secondary Research, Primary Research, and Data Triangulation. Secondary resources are utilized to gain insights on the market and later primary research is conducted to revalidate the information and conclusion derived from the secondary research. Moreover, the information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. Moreover, region-wise product mapping analysis was used to gain some more insights on the competitive trend in the global market. During the initial phase of the study, extensive secondary research was performed to procure extensive information pertaining to the market. It involves data from various authentic open access as well as paid data sources such as Hoovers, Bloomberg, Panjiva, and Factiva among others. With the help of mentioned paid secondary sources along with open access data sources such as an annual report, investor presentations, and such other official company publications, among others, each key industry player was analyzed and market-specific company-wise revenue was estimated. Moreover, region-wise product mapping analysis was used to gain some more insights on the competitive trend in the global market. In the primary research process, the information gained/procured from the secondary data sources is validated after primary interviews with industry experts across the supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about: Market size at regional and country level, strategic analysis, key industry players and their market share, understanding market developments, future growth prospects, and upcoming challenges.
Emergen Research | Oct-2022: Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap. SECONDARY RESEARCH MODEL: Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources, annual report of companies, SEC filings, government press release, pricing databases and many more. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are referred thoroughly to have a comprehensive idea of the market taxonomy. PRIMARY RESEARCH MODEL: Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts. Discussions with the subject matter experts were conducted to obtain quantitative and qualitative information and validate our market research findings. However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends, which include the drivers, restraints, and opportunities, are also derived through the primary research process. MARKET ESTIMATION TECHNIQUE: The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top-down approach. Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators have been taken into consideration to understand the current trends of the market. The process of data triangulation method to arrive at the final market estimates verifies each data point
Top-down, as well as the bottom-up approach, were used for the estimation and validation of the global market. These methods were applied extensively for the estimation of the market size of the sub-segments as well. Key stages for the market estimation included:
Identification of the key players in the industry through extensive secondary research. Determination of the industry’s supply chain and market size through primary and secondary research processes.
DATA TRIANGULATION
The process of data triangulation method was applied to arrive at the final market estimates to verify each data point. Upon estimation of the market size using the market size estimation approaches as explained above; the market is split into several segments and sub-segments. To complete the overall market estimation process and reach accurate statistics of the individual market segment and sub-segment, the data triangulation and market break-down processes were applied, wherever applicable. The data was triangulated by studying various factors and trends from both the production side and consumption sides in the industry. Moreover, while forecasting the market, a comprehensive statistical time series model was designed for the market. Macroeconomic indicators were taken into consideration to understand the current trends of the market
Emergen Research | Dec-2022: Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap. SECONDARY RESEARCH MODEL: Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources, annual report of companies, SEC filings, government press release, pricing databases and many more. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are referred thoroughly to have a comprehensive idea of the market taxonomy. PRIMARY RESEARCH MODEL: Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts. Discussions with the subject matter experts were conducted to obtain quantitative and qualitative information and validate our market research findings. However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends, which include the drivers, restraints, and opportunities, are also derived through the primary research process. MARKET ESTIMATION TECHNIQUE: The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top-down approach. Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators have been taken into consideration to understand the current trends of the market. The process of data triangulation method to arrive at the final market estimates verifies each data point
Top-down, as well as the bottom-up approach, were used for the estimation and validation of the global market. These methods were applied extensively for the estimation of the market size of the sub-segments as well. Key stages for the market estimation included:
Identification of the key players in the industry through extensive secondary research. Determination of the industry’s supply chain and market size through primary and secondary research processes.
DATA TRIANGULATION
The process of data triangulation method was applied to arrive at the final market estimates to verify each data point. Upon estimation of the market size using the market size estimation approaches as explained above; the market is split into several segments and sub-segments. To complete the overall market estimation process and reach accurate statistics of the individual market segment and sub-segment, the data triangulation and market break-down processes were applied, wherever applicable. The data was triangulated by studying various factors and trends from both the production side and consumption sides in the industry. Moreover, while forecasting the market, a comprehensive statistical time series model was designed for the market. Macroeconomic indicators were taken into consideration to understand the current trends of the market
Fortune Business Insights | Oct-2021: Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders. Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
Grand View Research | Jan-2022: Grand View Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives.
Grand View Research | Jan-2022: Grand View Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives.
Grand View Research | Apr-2022: Grand View Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives.
MarketsandMarkets Research | Apr-2021: The study involved 4 major activities in estimating the current size of the Cryptocurrency market. Exhaustive secondary research has been done to collect information about the market, the peer markets, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments. Secondary Research: In the secondary research process, various secondary sources have been referred to for identifying and collecting information pertinent to this study. Secondary sources include annual reports; press releases; investor presentations; white papers; journals and certified publications; and articles from recognized authors, directories, and databases. Secondary research has been conducted to obtain important information about the industry’s supply chain, value chain, total pool of key players, market segmentation according to the industry trends (to the bottommost level), geographic markets, and key developments from both market- and technology-oriented perspectives. Primary Research: Extensive primary research has been conducted after gaining knowledge about the Cryptocurrency market scenario through secondary research. Several primary interviews have been conducted with market experts from both demand (commercial application providers) and supply (equipment manufacturers and distributors) sides across four major regions: North America, Europe, APAC, and RoW. Approximately 20% and 80% of primary interviews have been conducted with parties from demand and supply sides, respectively. The primary data has been collected through questionnaires, emails, and telephonic interviews. Market Size Estimation: In the complete engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the Cryptocurrency market and other dependent submarkets. The key players in the market have been determined through primary and secondary research. This entire research methodology involves the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) into the Cryptocurrency market. Market Size Estimation Methodology: Bottom-up Approach, Data Triangulation, All the percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in the report.
MarketsandMarkets Research | May-2022: The study involved 4 major activities in estimating the current size of the Nft market. Exhaustive secondary research has been done to collect information about the market, the peer markets, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments. Secondary Research: In the secondary research process, various secondary sources have been referred to for identifying and collecting information pertinent to this study. Secondary sources include annual reports; press releases; investor presentations; white papers; journals and certified publications; and articles from recognized authors, directories, and databases. Secondary research has been conducted to obtain important information about the industry’s supply chain, value chain, total pool of key players, market segmentation according to the industry trends (to the bottommost level), geographic markets, and key developments from both market- and technology-oriented perspectives. Primary Research: Extensive primary research has been conducted after gaining knowledge about the Cryptocurrency market scenario through secondary research. Several primary interviews have been conducted with market experts from both demand (commercial application providers) and supply (equipment manufacturers and distributors) sides across four major regions: North America, Europe, APAC, and RoW. Approximately 20% and 80% of primary interviews have been conducted with parties from demand and supply sides, respectively. The primary data has been collected through questionnaires, emails, and telephonic interviews. Market Size Estimation: In the complete engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the Cryptocurrency market and other dependent submarkets. The key players in the market have been determined through primary and secondary research. This entire research methodology involves the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) into the Cryptocurrency market. Market Size Estimation Methodology: Bottom-up Approach, Data Triangulation, All the percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in the report.
Polaris Market Research | Jun-2022: At Polaris Market Research, we engage in the most iterative and comprehensive research methodology which primarily focuses on providing the most accurate market forecasts and research data content enabling you to gain unprecedented business acumen. The company chiefly utilizes top-down and bottom up approaches, for both qualitative market estimations and market segmentations. We boast of our expertise in skillfully using data triangulation for looking at the market from the 3 main perspectives of primary data mining, dedicated statistical model and framework, data validation from primary sources.
SkyQuest | Dec-2022: For the Global Non-Fungible Tokens (NFTs) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed as: Information Procurement: This stage involved the procurement of market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover’s, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process. Information Analysis: This step involved triangulation of data through bottom up and top-down approach to estimate and validate the total size and future estimate of the Global Non-Fungible Tokens (NFTs) Market. Report Formulation: The final step entailed the placement of data points at appropriate market spaces in an attempt to deduce viable conclusions. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data-points to be used for final calculations. The final market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
TechInsight360 | Jul-2022: Our domain experts gather data from a range of secondary and primary sources. This includes both internal and external experts with in-depth understanding of country & regional dynamics. We gather country specific insights through our network of market leaders who are engaged in developing and implementing technology strategies. Primary research inputs together with publicly available information feeds into our proprietary models to generate a robust dataset. This step includes conducting a detailed analysis of various vertical markets and application areas across the value chain. This helps in establishing growth / adoption stage of technology along with potential risks. Comprehensive tracking of 50+ countries across 250+ markets segments on a daily basis enables TechInsight360's offer high quality data and analysis. Our desk research process gathers data from reliable government, company, institutional and industry sources. Company analysis is a key element of our research methodology, offering insights into growth strategies adopted to gain market share across key technology segments. Inputs from company research feeds into our core market opportunity estimation and forecasting models. Our research teams collect data through transparent and auditable research methods. Data collected goes through a series of checks and validation through internal and external domain experts, ensuring high quality across all stages of research.
The Business Research Company | Jan-2023: We create quantitative models to help clients estimate the size and growth of markets, using methods such as 'Delphic' technic to check numbers and assumptions with industry experts. All data is sourced and assumptions are explained. Our market sizing estimates are built 'bottom up'. Typical starting points are known data sets such as population, projects, sales. Assumptions are then built up, including take-up, price, frequency, brand choice etc, based on primary and secondary data. Numbers are triangulated with existing market estimates. Extrapolation, correlation, and regression techniques used for estimates. Market forecasts are based on balancing the key factors. Existing hard data is used where available (e.g. planned projects). Forecast macroeconomic information is also applied where appropriate (e.g. GDP, epidemiological data). Market factors are quantified and applied (e.g. patent approvals, off patents, historic trends).
Verified Market Research | Jun-2022: Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.