Remotes Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, India, Germany - Size and Forecast 2024-2028

Published: Jan 2024

Pages: 166

SKU: IRTNTR43182

Snapshot

Remotes Market 2024-2028

The remotes market size is forecast to increase by USD 1.65 billion, at a CAGR of 3.3% between 2023 and 2028. The accelerated growth of the market is by various factors, including the increasing sales of smart TVs, the availability of multifunctional gaming consoles, and the increasing number of pay-tv subscribers.

The report offers extensive research analysis on the market, with a categorization based on Application, including TVs, set-top boxes, and gaming consoles. It further segments the market by Type, encompassing standard, voice-controlled, and motion controlled. Additionally, the report provides Region segmentation, covering APAC, Europe, North America, Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD billion) for all the mentioned segments

What will be the Size of the Market During the Forecast Period?

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Market Key Drivers, Trends, and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

One of the key factors driving the market growth is the increasing number of pay-tv subscribers. Pay-TV provides subscription-based TV services. In addition, pay TV offers new platforms based on satellite and cable distribution technologies, coupled with wider options of content, thereby driving the market.

Moreover, it offers a large number of choices to the subscribers for selecting the channels. In addition, digitalization is expected to increase the subscription to Pay TV. Hence, such factors are positively impacting the market which in turn drives the market growth during the forecast period.

Key Market Trends

A key factor shaping the market growth is the introduction of voice-controlled TV remotes. Voice recognition refers to software that can convert and decode the human voice into speech that can be easily understood by a computer. In addition, it refers to the ability of a machine to receive, understand, and dictate spoken commands. For example, in September 2022, Amazon.com launched the Alexa Voice Remote Pro, Fire TV, and Fire Cube.

Moreover, the remote enables the user to change the channel and control the volume with voice control. In addition, voice recognition has become a very popular personal assistant app on smartphones and is now gaining traction in TV remotes as well. Furthermore, not much of an impact is expected from voice-controlled TV remotes in the coming years as they are right now available only in the US, and it might take more than five years for them to penetrate other countries. Hence, such factors are driving the market growth during the forecast period.

Major Market Challenge

Availability of counterfeit remotes is one of the key challenges hindering the market growth. Counterfeit remotes pose a major threat to the global market, particularly in terms of aftermarket remotes sales, as they are less costly than branded remotes and have similar functionality as the original remotes. In addition, counterfeit remotes also have a strong sales and distribution network, especially in developing countries like India and China, which greatly affects the aftermarket sales of original, branded remotes.

Therefore, it increases the risks for market players as they are highly dependent on aftermarket sales for their revenue. In addition, it becomes difficult for companies to compete with counterfeit brands in the market due to the vast difference in product pricing. Hence, such factors are hindering the market growth during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Bose Corp: The company offers remotes such as Bose soundbar 500 universal remote, and Bose soundbar 700 universal remote.

The research report also includes detailed analyses of the competitive landscape of the market and information about 23 market companies, including:

Qualitative and quantitative market growth analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The TVs segment is estimated to witness significant growth during the forecast period. In 2023, the TVs segment captured a significant share of the market, due to the increasing demand for TVs. In addition, TV OEMs are the major buyers in the market. However, it is expected that the demand for standards will decrease due to the increasing adoption of smart TVs. Therefore, companies primarily rely on OEM sales rather than aftermarket sales of TV remotes.

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The TVs segment was the largest segment and was valued at USD 4.35 billion in 2018. Moreover, in terms of both features and content, 8K Ultra-high-definition television (UHD) TVs are gaining significant traction in the TV industry as they exhibit superior performance compared with standard (SD) and high-definition (HD) TVs. In addition, features such as a wide field of view, better resolution, sharp pictures, enhanced motion portrayal (progressive scan at high frame rates), and extended color range are the unique selling propositions (USPs) of these TVs. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market growth in APAC is fuelled by the presence of a large number of consumer electronics providers that offer TVs and gaming consoles. In addition, LG Corp., Samsung Electronics, Panasonic Holdings Corp., Sony Group Corp., and several others are some of the major companies that offer TVs. Moreover, there is a high demand for remotes in APAC, mainly generated by consumer electronics providers as they ship their packaged products to end-consumers with remotes. In addition, TVs in APAC have high growth opportunities in the upcoming years. Furthermore, this growth is attributed to the region being a manufacturing hub for UHD TVs and is, therefore, witnessing an increased demand from end-users in China. Hence, such factors are driving the market growth in APAC during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market research and growth analysis of the latest market trends and analysis and growth opportunities from 2018 to 2028.

Application Outlook
- TVs
- Set-top boxes
- Gaming consoles
Type Outlook
- Standard
- Voice controlled
- Motion controlled
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Remotes Market Scope
Report Coverage	Details
Page number	166
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 3.3%
Market Growth 2024-2028	USD 1.65 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	2.56
Regional analysis	APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution	APAC at 41%
Key countries	US, China, Japan, India, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Alphabet Inc., Amazon.com Inc., Apple Inc., Bose Corp., Crestron Electronics Inc., dreamGEAR LLC, Dusun Electron Ltd., Infrared Remote Solutions Inc., Koninklijke Philips N.V., LG Electronics Inc., Logitech International SA, Microsoft Corp., Razer Inc., ruwido Austria GmbH, Samsung Electronics Co. Ltd., SMK Corp., Sony Group Corp., Universal Electronics Inc., Laxmi Remote India Pvt Ltd., Reliable Technologies, Remote Source, Wybor, and Riot Labz Pvt. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Remotes Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2023 and 2028
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate market forecast about upcoming market growth and trends and changes in consumer behavior
Growth of the market across APAC, North America, Europe, South America, and the Middle East and Africa
A thorough market growth and forecasting analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market analysis and report of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global remotes market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global remotes market 2018 - 2022 ($ billion)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)

4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 TVs - Market size and forecast 2023-2028
- Exhibit 34: Chart on TVs - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on TVs - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on TVs - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on TVs - Year-over-year growth 2023-2028 (%)

6.4 Set-top boxes - Market size and forecast 2023-2028
- Exhibit 38: Chart on Set-top boxes - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Set-top boxes - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Set-top boxes - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Set-top boxes - Year-over-year growth 2023-2028 (%)

6.5 Gaming consoles - Market size and forecast 2023-2028
- Exhibit 42: Chart on Gaming consoles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Gaming consoles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Gaming consoles - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Gaming consoles - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Application
- Exhibit 46: Market opportunity by Application ($ billion)
- Exhibit 47: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 48: Chart on Type - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Exhibit 50: Chart on Comparison by Type
- Exhibit 51: Data Table on Comparison by Type

7.3 Standard - Market size and forecast 2023-2028
- Exhibit 52: Chart on Standard - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Standard - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Standard - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Standard - Year-over-year growth 2023-2028 (%)

7.4 Voice controlled - Market size and forecast 2023-2028
- Exhibit 56: Chart on Voice controlled - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Voice controlled - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Voice controlled - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Voice controlled - Year-over-year growth 2023-2028 (%)

7.5 Motion controlled - Market size and forecast 2023-2028
- Exhibit 60: Chart on Motion controlled - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Motion controlled - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Motion controlled - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Motion controlled - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Type
- Exhibit 64: Market opportunity by Type ($ billion)
- Exhibit 65: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 North America - Market size and forecast 2023-2028
- Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.5 Europe - Market size and forecast 2023-2028
- Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Japan - Market size and forecast 2023-2028
- Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.11 India - Market size and forecast 2023-2028
- Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)

9.12 Germany - Market size and forecast 2023-2028
- Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ billion)
- Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 Bose Corp.
- Exhibit 119: Bose Corp. - Overview
- Exhibit 120: Bose Corp. - Product / Service
- Exhibit 121: Bose Corp. - Key news
- Exhibit 122: Bose Corp. - Key offerings

12.4 Crestron Electronics Inc.
- Exhibit 123: Crestron Electronics Inc. - Overview
- Exhibit 124: Crestron Electronics Inc. - Product / Service
- Exhibit 125: Crestron Electronics Inc. - Key offerings

12.5 dreamGEAR LLC
- Exhibit 126: dreamGEAR LLC - Overview
- Exhibit 127: dreamGEAR LLC - Product / Service
- Exhibit 128: dreamGEAR LLC - Key offerings

12.6 Dusun Electron Ltd.
- Exhibit 129: Dusun Electron Ltd. - Overview
- Exhibit 130: Dusun Electron Ltd. - Product / Service
- Exhibit 131: Dusun Electron Ltd. - Key offerings

12.7 Infrared Remote Solutions Inc.
- Exhibit 132: Infrared Remote Solutions Inc. - Overview
- Exhibit 133: Infrared Remote Solutions Inc. - Product / Service
- Exhibit 134: Infrared Remote Solutions Inc. - Key offerings

12.8 Koninklijke Philips N.V.
- Exhibit 135: Koninklijke Philips N.V. - Overview
- Exhibit 136: Koninklijke Philips N.V. - Business segments
- Exhibit 137: Koninklijke Philips N.V. - Key news
- Exhibit 138: Koninklijke Philips N.V. - Key offerings
- Exhibit 139: Koninklijke Philips N.V. - Segment focus

12.9 LG Electronics Inc.
- Exhibit 140: LG Electronics Inc. - Overview
- Exhibit 141: LG Electronics Inc. - Product / Service
- Exhibit 142: LG Electronics Inc. - Key offerings

12.10 Logitech International SA
- Exhibit 143: Logitech International SA - Overview
- Exhibit 144: Logitech International SA - Business segments
- Exhibit 145: Logitech International SA - Key news
- Exhibit 146: Logitech International SA - Key offerings
- Exhibit 147: Logitech International SA - Segment focus

12.11 Microsoft Corp.
- Exhibit 148: Microsoft Corp. - Overview
- Exhibit 149: Microsoft Corp. - Business segments
- Exhibit 150: Microsoft Corp. - Key news
- Exhibit 151: Microsoft Corp. - Key offerings
- Exhibit 152: Microsoft Corp. - Segment focus

12.12 Razer Inc.
- Exhibit 153: Razer Inc. - Overview
- Exhibit 154: Razer Inc. - Product / Service
- Exhibit 155: Razer Inc. - Key offerings

12.13 ruwido austria GmbH
- Exhibit 156: ruwido austria GmbH - Overview
- Exhibit 157: ruwido austria GmbH - Product / Service
- Exhibit 158: ruwido austria GmbH - Key offerings

12.14 Samsung Electronics Co. Ltd.
- Exhibit 159: Samsung Electronics Co. Ltd. - Overview
- Exhibit 160: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 161: Samsung Electronics Co. Ltd. - Key news
- Exhibit 162: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 163: Samsung Electronics Co. Ltd. - Segment focus

12.15 SMK Corp.
- Exhibit 164: SMK Corp. - Overview
- Exhibit 165: SMK Corp. - Business segments
- Exhibit 166: SMK Corp. - Key offerings
- Exhibit 167: SMK Corp. - Segment focus

12.16 Sony Group Corp.
- Exhibit 168: Sony Group Corp. - Overview
- Exhibit 169: Sony Group Corp. - Business segments
- Exhibit 170: Sony Group Corp. - Key news
- Exhibit 171: Sony Group Corp. - Key offerings
- Exhibit 172: Sony Group Corp. - Segment focus

12.17 Universal Electronics Inc.
- Exhibit 173: Universal Electronics Inc. - Overview
- Exhibit 174: Universal Electronics Inc. - Product / Service
- Exhibit 175: Universal Electronics Inc. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 176: Inclusions checklist
- Exhibit 177: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 178: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 179: Research methodology
- Exhibit 180: Validation techniques employed for market sizing
- Exhibit 181: Information sources

13.5 List of abbreviations
- Exhibit 182: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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