Vacation Rental Market Analysis Europe, North America, APAC, Middle East and Africa, South America - US, China, UK, France, Italy - Size and Forecast 2024-2028

Published: Jan 2024

Pages: 161

SKU: IRTNTR72059

Snapshot

Vacation Rental Market Forecast 2024-2028

The vacation rental market size is forecast to increase by USD 56.98 billion, at a CAGR of 5.12% between 2023 and 2028. The analysis of market growth analysis is influenced by a variety of factors, especially the expansion of the tourism industry and the rising demand for short-term vacation rental properties. Additionally, the widespread adoption of digitalization and online platforms has propelled these trends forward, fueled by increased disposable incomes leading to higher consumer spending. This market analysis and report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

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

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Market Dynamics

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.

Market Driver

The accommodation industry, including platforms like Airbnb, amenities, and boutiquehomes, is experiencing significant growth due to the expanding tourism sector and the rising popularity of short-term rental properties. The global tourism industry plays a pivotal role in driving market expansion, contributing substantially to countries' GDP. Governments worldwide are implementing strategies to foster tourism growth, leading to a surge in the number of tourists seeking short-term rental accommodations. Notably, the travel preferences of millennials favor budget-friendly options that offer quality time, boosting the demand for short-term vacation rentals.

Additionally, there's a growing global demand for various rental properties like apartments, farm stays, private homes, and beach houses, resort/condominium, as they offer higher returns compared to long-term rentals. As a sought-after investment choice, short-term vacation rentals are witnessing rapid growth, fueled by the desire to diversify investments. Thus, the convergence of these factors is driving the growth of the market during the forecast period.

Market Trends

The rising availability of instant booking features is the primary trend shaping market growth. Aligning with market trends and analysis, the availability of instant booking options has increased the degree of product or service differentiation in the global market. In addition, to retain its customer base, Airbnb introduced instant booking provisions. Instant bookings facilitate minimal discrimination of guests based on gender, identity, race, disability, national origin, or age.

Moreover, many existing market players have invested in autoresponder technology, which saves time and money. This technology enables automated responses to inquiry emails and repetitive inquiries, which is expected to create a unique user experience. Thus, the presence of instant bookings will drive the growth of the global market during the forecast period.

Market Challenge

Risks associated with fraudulent houses, apartments, and homestays is a challenge that affects market growth. Scams, fraudulent reviews, and unethical dealings affect the operations of key players in the market. Though such dealings are undertaken by counterfeit players, they impact the business operations of key market vendors as well. Furthermore, Airbnb and HomeAway provide user reviews and ratings. Such players also facilitate secure transactions and ensure that their customers are served effectively.

However, fraudulent advertisements, adoption of the bait-and-switch technique, and double booking have led to a decline in the overall market revenue. Moreover, phishing also impacts the growth prospects of the major market players. Moreover, the increased probability of risks can lead to customers shifting to alternative forms of lodging, such as hotels. This impedes the growth of the market during the forecast period.

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 market growth and forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major 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.

Accor SA: The company offers villa vacation rentals through different properties such as LA VERANDA OCEAN VILLA 1 Double Bed, Overwater Pool Villa Ocean, 3 Bedrooms Pool Villa, Standard 2 Bedroom Villa 2 King Beds, etc.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative 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.

Market Segmentation

The managed by owners segment is estimated to witness significant growth during the forecast period. This segment comprises properties managed by owners. Most of the players in this segment are small private hotels and resort landlords who manage their own property. Increased personal interaction and improved customer inclination are expected to drive the growth of this segment. There is also a significant demand for premium properties, which provide transparency and better connectivity.

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The managed by owners segment was the largest segment and was valued at USD 113.65 billion in 2018. Property owners looking for reduced monthly expenses are more likely to self-manage their properties instead of spending on property management. Usually, property management companies demand a 7%-10% commission on the monthly rent to manage properties. However, owners with limited time to manage their property are more likely to adopt the property management service to avoid these complications. This may affect the growth of the segments during the forecast period.

Key Regions

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Europe is estimated to contribute 35% 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. Europe contributes significantly to the market. A growing desire for travel and exploration, both domestically and internationally, contributes to the demand. The growth of the travel and tourism industry contributes to the growth of the market in the region.

Furthermore, increased customer awareness towards rental vacation services contributes to the growth of the market in Europe. The presence of several established players, such as Hotelplan Holding AG, and NOVASOL AS, and increased funding from high-profile investors drive the growth of the market in the region. Moreover, the aging population in Europe is leading to an increase in the time spent on leisure activities, which is driving the demand for vacations and travel. This is contributing to the growth of the regional market during the forecast period.

Market Analyst Overview

The market is witnessing a surge in demand, driven by factors such as the preferences of Millennials and Gen X, who seek unique and personalized travel experiences. Companies like Copyrise, AirDNA, and TurnKey Vacation Rentals leverage data analytics and technology to cater to the evolving needs of travelers in the U.S. vacation rental market. Platforms such as iProperty Management and HomeToGo offer diverse accommodation options, including resorts, condominiums, and rural destinations, appealing to a wide range of travelers. With the prevalence of social media and the internet, online booking modes provided by startups like Golightly and established players like Expedia Partner Solutions have gained traction, surpassing traditional offline booking modes. The market continues to thrive with the emergence of third-party travel booking companies and innovative solutions offered by industry disruptors like Stratos Jet Charters, Inc.

Segment Overview

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

Management Outlook
- Managed by owners
- Professionally managed
Method Outlook
- Offline
- Online
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Brazil
  - Argentina
  - Chile
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Vacation Rental Market Scope
Report Coverage	Details
Page number	161
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 5.12%
Market Growth 2024-2028	USD 56.98 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	7.58
Regional analysis	Europe, North America, APAC, Middle East and Africa, and South America
Performing market contribution	Europe at 35%
Key countries	US, China, UK, France, and Italy
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	9flats.com PTE Ltd., Accor SA, Agoda Co. Pte. Ltd., Airbnb Inc., AltexSoft Inc., Bennington Properties LLC, BoutiqueHomes, Clickstay Ltd., Elite Destination Homes, Elite LLC, Holidu GmbH, Hotelplan Management AG, MakeMyTrip Ltd., NOVASOL AS, Oravel Stays Ltd., TripAdvisor Inc., VIVI HOLIDAY HOMES S.L., World Travel Holdings, Wyndham Hotels and Resorts Inc., and Expedia Group Inc.
Market dynamics	Market trends and 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 market 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 Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Market growth analysis across Europe, North America, APAC, Middle East and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information about companies
Market forecasting 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 Management
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Method
- 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 vacation rental market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global vacation rental market 2018 - 2022 ($ billion)

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

4.3 Method Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Method 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 Management

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

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

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

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

6.5 Market opportunity by Management
- Exhibit 42: Market opportunity by Management ($ billion)
- Exhibit 43: Data Table on Market opportunity by Management ($ billion)

7 Market Segmentation by Method

7.1 Market segments
- Exhibit 44: Chart on Method - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Method - Market share 2023-2028 (%)

7.2 Comparison by Method
- Exhibit 46: Chart on Comparison by Method
- Exhibit 47: Data Table on Comparison by Method

7.3 Offline - Market size and forecast 2023-2028
- Exhibit 48: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Offline - Year-over-year growth 2023-2028 (%)

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

7.5 Market opportunity by Method
- Exhibit 56: Market opportunity by Method ($ billion)
- Exhibit 57: Data Table on Market opportunity by Method ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2023-2028 (%)
- Exhibit 60: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2023-2028
- Exhibit 63: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 64: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.4 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.5 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 (%)

9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

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

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

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

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

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

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

9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: 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 105: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption

11.4 Industry risks
- Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 109: Vendors covered

12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification

12.3 9flats.com PTE Ltd.
- Exhibit 111: 9flats.com PTE Ltd. - Overview
- Exhibit 112: 9flats.com PTE Ltd. - Product / Service
- Exhibit 113: 9flats.com PTE Ltd. - Key offerings

12.4 Accor SA
- Exhibit 114: Accor SA - Overview
- Exhibit 115: Accor SA - Business segments
- Exhibit 116: Accor SA - Key offerings
- Exhibit 117: Accor SA - Segment focus

12.5 Agoda Co. Pte. Ltd.
- Exhibit 118: Agoda Co. Pte. Ltd. - Overview
- Exhibit 119: Agoda Co. Pte. Ltd. - Product / Service
- Exhibit 120: Agoda Co. Pte. Ltd. - Key news
- Exhibit 121: Agoda Co. Pte. Ltd. - Key offerings

12.6 Airbnb Inc.
- Exhibit 122: Airbnb Inc. - Overview
- Exhibit 123: Airbnb Inc. - Product / Service
- Exhibit 124: Airbnb Inc. - Key news
- Exhibit 125: Airbnb Inc. - Key offerings

12.7 Bennington Properties LLC
- Exhibit 126: Bennington Properties LLC - Overview
- Exhibit 127: Bennington Properties LLC - Product / Service
- Exhibit 128: Bennington Properties LLC - Key offerings

12.8 Bluefish Vacation Rentals
- Exhibit 129: Bluefish Vacation Rentals - Overview
- Exhibit 130: Bluefish Vacation Rentals - Product / Service
- Exhibit 131: Bluefish Vacation Rentals - Key offerings

12.9 BoutiqueHomes
- Exhibit 132: BoutiqueHomes - Overview
- Exhibit 133: BoutiqueHomes - Product / Service
- Exhibit 134: BoutiqueHomes - Key offerings

12.10 Expedia Group Inc.
- Exhibit 135: Expedia Group Inc. - Overview
- Exhibit 136: Expedia Group Inc. - Product / Service
- Exhibit 137: Expedia Group Inc. - Key offerings

12.11 Hotelplan Management AG
- Exhibit 138: Hotelplan Management AG - Overview
- Exhibit 139: Hotelplan Management AG - Product / Service
- Exhibit 140: Hotelplan Management AG - Key offerings

12.12 MakeMyTrip Ltd.
- Exhibit 141: MakeMyTrip Ltd. - Overview
- Exhibit 142: MakeMyTrip Ltd. - Business segments
- Exhibit 143: MakeMyTrip Ltd. - Key offerings
- Exhibit 144: MakeMyTrip Ltd. - Segment focus

12.13 NOVASOL AS
- Exhibit 145: NOVASOL AS - Overview
- Exhibit 146: NOVASOL AS - Product / Service
- Exhibit 147: NOVASOL AS - Key offerings

12.14 Oravel Stays Ltd.
- Exhibit 148: Oravel Stays Ltd. - Overview
- Exhibit 149: Oravel Stays Ltd. - Product / Service
- Exhibit 150: Oravel Stays Ltd. - Key offerings

12.15 TripAdvisor Inc.
- Exhibit 151: TripAdvisor Inc. - Overview
- Exhibit 152: TripAdvisor Inc. - Business segments
- Exhibit 153: TripAdvisor Inc. - Key offerings
- Exhibit 154: TripAdvisor Inc. - Segment focus

12.16 World Travel Holdings
- Exhibit 155: World Travel Holdings - Overview
- Exhibit 156: World Travel Holdings - Product / Service
- Exhibit 157: World Travel Holdings - Key offerings

12.17 Wyndham Hotels and Resorts Inc.
- Exhibit 158: Wyndham Hotels and Resorts Inc. - Overview
- Exhibit 159: Wyndham Hotels and Resorts Inc. - Business segments
- Exhibit 160: Wyndham Hotels and Resorts Inc. - Key offerings
- Exhibit 161: Wyndham Hotels and Resorts Inc. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 162: Inclusions checklist
- Exhibit 163: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 164: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 165: Research methodology
- Exhibit 166: Validation techniques employed for market sizing
- Exhibit 167: Information sources

13.5 List of abbreviations
- Exhibit 168: 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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