Global Cruise Travel Supply, Demand and Key Producers, 2023-2029
Page: 105
Published Date: 19 Feb 2023
Category: Service & Software
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Related Reports
- Product Tags
Description
The global Cruise Travel market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
Cruise originally refers to a large passenger ship (shipping-liner) which is fixed and regularly sailed on the sea. In the early stage, it was also responsible for carrying mail between the two places. Because the word "post" is related to the postal industry, it is called a cruise. With the development of aviation technology and tourism, cruise ships, originally used as passenger or postal transportation, have gradually withdrawn from the historical stage. Instead, luxury cruises with completely different locations are equipped with a variety of facilities for life, entertainment, leisure and vacation. Essentially, cruise is a "floating hotel", a "super five-star hotel" floating on the sea, known as "aimless destination" and "floating Resort at sea". Therefore, cruise is not only a tool to transport passengers to visit mountains and rivers and enjoy the beautiful scenery, but also a comprehensive service platform for leisure and vacation.
Cruise companies provide a variety of services to passengers for different periods and routes. Consumers can choose from short-term (such as two days) to long-term (such as a few weeks) cruises. Each cruise serves a certain voyage, and the voyage itself and the recreational facilities on the cruise are the main components of consumer spending. Cruise speed, port of departure, tourist destination of berth, duration of voyage and distance between berths constitute the whole itinerary.
This report studies the global Cruise Travel demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Cruise Travel, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cruise Travel that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Cruise Travel total market, 2018-2029, (USD Million)
Global Cruise Travel total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Cruise Travel total market, key domestic companies and share, (USD Million)
Global Cruise Travel revenue by player and market share 2018-2023, (USD Million)
Global Cruise Travel total market by Type, CAGR, 2018-2029, (USD Million)
Global Cruise Travel total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Cruise Travel market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Carnival Corporation, Royal Caribbean, Norwegian Cruise Lines, MSC Cruises, Genting Hong Kong, Disney Cruise, Marella Cruises (TUI), Saga Cruises (Saga Group) and Bohai Cruise, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cruise Travel market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Cruise Travel Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Cruise Travel Market, Segmentation by Type
Ocean Cruise
River Cruise
Global Cruise Travel Market, Segmentation by Application
Passenger Tickets
Onboard and Other
Companies Profiled:
Carnival Corporation
Royal Caribbean
Norwegian Cruise Lines
MSC Cruises
Genting Hong Kong
Disney Cruise
Marella Cruises (TUI)
Saga Cruises (Saga Group)
Bohai Cruise
Century Cruises
Key Questions Answered
1. How big is the global Cruise Travel market?
2. What is the demand of the global Cruise Travel market?
3. What is the year over year growth of the global Cruise Travel market?
4. What is the total value of the global Cruise Travel market?
5. Who are the major players in the global Cruise Travel market?
6. What are the growth factors driving the market demand?
Table of Contents
1 Supply Summary
1.1 Cruise Travel Introduction
1.2 World Cruise Travel Market Size & Forecast (2018 & 2022 & 2029)
1.3 World Cruise Travel Total Market by Region (by Headquarter Location)
1.3.1 World Cruise Travel Market Size by Region (2018-2029), (by Headquarter Location)
1.3.2 United States Cruise Travel Market Size (2018-2029)
1.3.3 China Cruise Travel Market Size (2018-2029)
1.3.4 Europe Cruise Travel Market Size (2018-2029)
1.3.5 Japan Cruise Travel Market Size (2018-2029)
1.3.6 South Korea Cruise Travel Market Size (2018-2029)
1.3.7 ASEAN Cruise Travel Market Size (2018-2029)
1.3.8 India Cruise Travel Market Size (2018-2029)
1.4 Market Drivers, Restraints and Trends
1.4.1 Cruise Travel Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Cruise Travel Major Market Trends
1.5 Influence of COVID-19 and Russia-Ukraine War
1.5.1 Influence of COVID-19
1.5.2 Influence of Russia-Ukraine War
2 Demand Summary
2.1 World Cruise Travel Consumption Value (2018-2029)
2.2 World Cruise Travel Consumption Value by Region
2.2.1 World Cruise Travel Consumption Value by Region (2018-2023)
2.2.2 World Cruise Travel Consumption Value Forecast by Region (2024-2029)
2.3 United States Cruise Travel Consumption Value (2018-2029)
2.4 China Cruise Travel Consumption Value (2018-2029)
2.5 Europe Cruise Travel Consumption Value (2018-2029)
2.6 Japan Cruise Travel Consumption Value (2018-2029)
2.7 South Korea Cruise Travel Consumption Value (2018-2029)
2.8 ASEAN Cruise Travel Consumption Value (2018-2029)
2.9 India Cruise Travel Consumption Value (2018-2029)
3 World Cruise Travel Companies Competitive Analysis
3.1 World Cruise Travel Revenue by Player (2018-2023)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Cruise Travel Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Cruise Travel in 2022
3.2.3 Global Concentration Ratios (CR8) for Cruise Travel in 2022
3.3 Cruise Travel Company Evaluation Quadrant
3.4 Cruise Travel Market: Overall Company Footprint Analysis
3.4.1 Cruise Travel Market: Region Footprint
3.4.2 Cruise Travel Market: Company Product Type Footprint
3.4.3 Cruise Travel Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: Cruise Travel Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Cruise Travel Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
4.1.2 United States VS China: Cruise Travel Revenue Market Share Comparison (2018 & 2022 & 2029)
4.2 United States Based Companies VS China Based Companies: Cruise Travel Consumption Value Comparison
4.2.1 United States VS China: Cruise Travel Consumption Value Comparison (2018 & 2022 & 2029)
4.2.2 United States VS China: Cruise Travel Consumption Value Market Share Comparison (2018 & 2022 & 2029)
4.3 United States Based Cruise Travel Companies and Market Share, 2018-2023
4.3.1 United States Based Cruise Travel Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Cruise Travel Revenue, (2018-2023)
4.4 China Based Companies Cruise Travel Revenue and Market Share, 2018-2023
4.4.1 China Based Cruise Travel Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Cruise Travel Revenue, (2018-2023)
4.5 Rest of World Based Cruise Travel Companies and Market Share, 2018-2023
4.5.1 Rest of World Based Cruise Travel Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Cruise Travel Revenue, (2018-2023)
5 Market Analysis by Type
5.1 World Cruise Travel Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
5.2.1 Ocean Cruise
5.2.2 River Cruise
5.3 Market Segment by Type
5.3.1 World Cruise Travel Market Size by Type (2018-2023)
5.3.2 World Cruise Travel Market Size by Type (2024-2029)
5.3.3 World Cruise Travel Market Size Market Share by Type (2018-2029)
6 Market Analysis by Application
6.1 World Cruise Travel Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
6.2.1 Passenger Tickets
6.2.2 Onboard and Other
6.3 Market Segment by Application
6.3.1 World Cruise Travel Market Size by Application (2018-2023)
6.3.2 World Cruise Travel Market Size by Application (2024-2029)
6.3.3 World Cruise Travel Market Size by Application (2018-2029)
7 Company Profiles
7.1 Carnival Corporation
7.1.1 Carnival Corporation Details
7.1.2 Carnival Corporation Major Business
7.1.3 Carnival Corporation Cruise Travel Product and Services
7.1.4 Carnival Corporation Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.1.5 Carnival Corporation Recent Developments/Updates
7.1.6 Carnival Corporation Competitive Strengths & Weaknesses
7.2 Royal Caribbean
7.2.1 Royal Caribbean Details
7.2.2 Royal Caribbean Major Business
7.2.3 Royal Caribbean Cruise Travel Product and Services
7.2.4 Royal Caribbean Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.2.5 Royal Caribbean Recent Developments/Updates
7.2.6 Royal Caribbean Competitive Strengths & Weaknesses
7.3 Norwegian Cruise Lines
7.3.1 Norwegian Cruise Lines Details
7.3.2 Norwegian Cruise Lines Major Business
7.3.3 Norwegian Cruise Lines Cruise Travel Product and Services
7.3.4 Norwegian Cruise Lines Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.3.5 Norwegian Cruise Lines Recent Developments/Updates
7.3.6 Norwegian Cruise Lines Competitive Strengths & Weaknesses
7.4 MSC Cruises
7.4.1 MSC Cruises Details
7.4.2 MSC Cruises Major Business
7.4.3 MSC Cruises Cruise Travel Product and Services
7.4.4 MSC Cruises Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.4.5 MSC Cruises Recent Developments/Updates
7.4.6 MSC Cruises Competitive Strengths & Weaknesses
7.5 Genting Hong Kong
7.5.1 Genting Hong Kong Details
7.5.2 Genting Hong Kong Major Business
7.5.3 Genting Hong Kong Cruise Travel Product and Services
7.5.4 Genting Hong Kong Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.5.5 Genting Hong Kong Recent Developments/Updates
7.5.6 Genting Hong Kong Competitive Strengths & Weaknesses
7.6 Disney Cruise
7.6.1 Disney Cruise Details
7.6.2 Disney Cruise Major Business
7.6.3 Disney Cruise Cruise Travel Product and Services
7.6.4 Disney Cruise Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.6.5 Disney Cruise Recent Developments/Updates
7.6.6 Disney Cruise Competitive Strengths & Weaknesses
7.7 Marella Cruises (TUI)
7.7.1 Marella Cruises (TUI) Details
7.7.2 Marella Cruises (TUI) Major Business
7.7.3 Marella Cruises (TUI) Cruise Travel Product and Services
7.7.4 Marella Cruises (TUI) Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.7.5 Marella Cruises (TUI) Recent Developments/Updates
7.7.6 Marella Cruises (TUI) Competitive Strengths & Weaknesses
7.8 Saga Cruises (Saga Group)
7.8.1 Saga Cruises (Saga Group) Details
7.8.2 Saga Cruises (Saga Group) Major Business
7.8.3 Saga Cruises (Saga Group) Cruise Travel Product and Services
7.8.4 Saga Cruises (Saga Group) Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.8.5 Saga Cruises (Saga Group) Recent Developments/Updates
7.8.6 Saga Cruises (Saga Group) Competitive Strengths & Weaknesses
7.9 Bohai Cruise
7.9.1 Bohai Cruise Details
7.9.2 Bohai Cruise Major Business
7.9.3 Bohai Cruise Cruise Travel Product and Services
7.9.4 Bohai Cruise Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.9.5 Bohai Cruise Recent Developments/Updates
7.9.6 Bohai Cruise Competitive Strengths & Weaknesses
7.10 Century Cruises
7.10.1 Century Cruises Details
7.10.2 Century Cruises Major Business
7.10.3 Century Cruises Cruise Travel Product and Services
7.10.4 Century Cruises Cruise Travel Revenue, Gross Margin and Market Share (2018-2023)
7.10.5 Century Cruises Recent Developments/Updates
7.10.6 Century Cruises Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Cruise Travel Industry Chain
8.2 Cruise Travel Upstream Analysis
8.3 Cruise Travel Midstream Analysis
8.4 Cruise Travel Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Cruise Travel Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
Table 2. World Cruise Travel Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
Table 3. World Cruise Travel Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
Table 4. World Cruise Travel Revenue Market Share by Region (2018-2023), (by Headquarter Location)
Table 5. World Cruise Travel Revenue Market Share by Region (2024-2029), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Cruise Travel Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
Table 8. World Cruise Travel Consumption Value by Region (2018-2023) & (USD Million)
Table 9. World Cruise Travel Consumption Value Forecast by Region (2024-2029) & (USD Million)
Table 10. World Cruise Travel Revenue by Player (2018-2023) & (USD Million)
Table 11. Revenue Market Share of Key Cruise Travel Players in 2022
Table 12. World Cruise Travel Industry Rank of Major Player, Based on Revenue in 2022
Table 13. Global Cruise Travel Company Evaluation Quadrant
Table 14. Head Office of Key Cruise Travel Player
Table 15. Cruise Travel Market: Company Product Type Footprint
Table 16. Cruise Travel Market: Company Product Application Footprint
Table 17. Cruise Travel Mergers & Acquisitions Activity
Table 18. United States VS China Cruise Travel Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 19. United States VS China Cruise Travel Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 20. United States Based Cruise Travel Companies, Headquarters (States, Country)
Table 21. United States Based Companies Cruise Travel Revenue, (2018-2023) & (USD Million)
Table 22. United States Based Companies Cruise Travel Revenue Market Share (2018-2023)
Table 23. China Based Cruise Travel Companies, Headquarters (Province, Country)
Table 24. China Based Companies Cruise Travel Revenue, (2018-2023) & (USD Million)
Table 25. China Based Companies Cruise Travel Revenue Market Share (2018-2023)
Table 26. Rest of World Based Cruise Travel Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Cruise Travel Revenue, (2018-2023) & (USD Million)
Table 28. Rest of World Based Companies Cruise Travel Revenue Market Share (2018-2023)
Table 29. World Cruise Travel Market Size by Type, (USD Million), 2018 & 2022 & 2029
Table 30. World Cruise Travel Market Size by Type (2018-2023) & (USD Million)
Table 31. World Cruise Travel Market Size by Type (2024-2029) & (USD Million)
Table 32. World Cruise Travel Market Size by Application, (USD Million), 2018 & 2022 & 2029
Table 33. World Cruise Travel Market Size by Application (2018-2023) & (USD Million)
Table 34. World Cruise Travel Market Size by Application (2024-2029) & (USD Million)
Table 35. Carnival Corporation Basic Information, Area Served and Competitors
Table 36. Carnival Corporation Major Business
Table 37. Carnival Corporation Cruise Travel Product and Services
Table 38. Carnival Corporation Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 39. Carnival Corporation Recent Developments/Updates
Table 40. Carnival Corporation Competitive Strengths & Weaknesses
Table 41. Royal Caribbean Basic Information, Area Served and Competitors
Table 42. Royal Caribbean Major Business
Table 43. Royal Caribbean Cruise Travel Product and Services
Table 44. Royal Caribbean Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 45. Royal Caribbean Recent Developments/Updates
Table 46. Royal Caribbean Competitive Strengths & Weaknesses
Table 47. Norwegian Cruise Lines Basic Information, Area Served and Competitors
Table 48. Norwegian Cruise Lines Major Business
Table 49. Norwegian Cruise Lines Cruise Travel Product and Services
Table 50. Norwegian Cruise Lines Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 51. Norwegian Cruise Lines Recent Developments/Updates
Table 52. Norwegian Cruise Lines Competitive Strengths & Weaknesses
Table 53. MSC Cruises Basic Information, Area Served and Competitors
Table 54. MSC Cruises Major Business
Table 55. MSC Cruises Cruise Travel Product and Services
Table 56. MSC Cruises Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 57. MSC Cruises Recent Developments/Updates
Table 58. MSC Cruises Competitive Strengths & Weaknesses
Table 59. Genting Hong Kong Basic Information, Area Served and Competitors
Table 60. Genting Hong Kong Major Business
Table 61. Genting Hong Kong Cruise Travel Product and Services
Table 62. Genting Hong Kong Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 63. Genting Hong Kong Recent Developments/Updates
Table 64. Genting Hong Kong Competitive Strengths & Weaknesses
Table 65. Disney Cruise Basic Information, Area Served and Competitors
Table 66. Disney Cruise Major Business
Table 67. Disney Cruise Cruise Travel Product and Services
Table 68. Disney Cruise Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 69. Disney Cruise Recent Developments/Updates
Table 70. Disney Cruise Competitive Strengths & Weaknesses
Table 71. Marella Cruises (TUI) Basic Information, Area Served and Competitors
Table 72. Marella Cruises (TUI) Major Business
Table 73. Marella Cruises (TUI) Cruise Travel Product and Services
Table 74. Marella Cruises (TUI) Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 75. Marella Cruises (TUI) Recent Developments/Updates
Table 76. Marella Cruises (TUI) Competitive Strengths & Weaknesses
Table 77. Saga Cruises (Saga Group) Basic Information, Area Served and Competitors
Table 78. Saga Cruises (Saga Group) Major Business
Table 79. Saga Cruises (Saga Group) Cruise Travel Product and Services
Table 80. Saga Cruises (Saga Group) Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 81. Saga Cruises (Saga Group) Recent Developments/Updates
Table 82. Saga Cruises (Saga Group) Competitive Strengths & Weaknesses
Table 83. Bohai Cruise Basic Information, Area Served and Competitors
Table 84. Bohai Cruise Major Business
Table 85. Bohai Cruise Cruise Travel Product and Services
Table 86. Bohai Cruise Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 87. Bohai Cruise Recent Developments/Updates
Table 88. Century Cruises Basic Information, Area Served and Competitors
Table 89. Century Cruises Major Business
Table 90. Century Cruises Cruise Travel Product and Services
Table 91. Century Cruises Cruise Travel Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 92. Global Key Players of Cruise Travel Upstream (Raw Materials)
Table 93. Cruise Travel Typical Customers
List of Figure
Figure 1. Cruise Travel Picture
Figure 2. World Cruise Travel Total Market Size: 2018 & 2022 & 2029, (USD Million)
Figure 3. World Cruise Travel Total Market Size (2018-2029) & (USD Million)
Figure 4. World Cruise Travel Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
Figure 5. World Cruise Travel Revenue Market Share by Region (2018-2029), (by Headquarter Location)
Figure 6. United States Based Company Cruise Travel Revenue (2018-2029) & (USD Million)
Figure 7. China Based Company Cruise Travel Revenue (2018-2029) & (USD Million)
Figure 8. Europe Based Company Cruise Travel Revenue (2018-2029) & (USD Million)
Figure 9. Japan Based Company Cruise Travel Revenue (2018-2029) & (USD Million)
Figure 10. South Korea Based Company Cruise Travel Revenue (2018-2029) & (USD Million)
Figure 11. ASEAN Based Company Cruise Travel Revenue (2018-2029) & (USD Million)
Figure 12. India Based Company Cruise Travel Revenue (2018-2029) & (USD Million)
Figure 13. Cruise Travel Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Cruise Travel Consumption Value (2018-2029) & (USD Million)
Figure 16. World Cruise Travel Consumption Value Market Share by Region (2018-2029)
Figure 17. United States Cruise Travel Consumption Value (2018-2029) & (USD Million)
Figure 18. China Cruise Travel Consumption Value (2018-2029) & (USD Million)
Figure 19. Europe Cruise Travel Consumption Value (2018-2029) & (USD Million)
Figure 20. Japan Cruise Travel Consumption Value (2018-2029) & (USD Million)
Figure 21. South Korea Cruise Travel Consumption Value (2018-2029) & (USD Million)
Figure 22. ASEAN Cruise Travel Consumption Value (2018-2029) & (USD Million)
Figure 23. India Cruise Travel Consumption Value (2018-2029) & (USD Million)
Figure 24. Producer Shipments of Cruise Travel by Player Revenue ($MM) and Market Share (%): 2022
Figure 25. Global Four-firm Concentration Ratios (CR4) for Cruise Travel Markets in 2022
Figure 26. Global Four-firm Concentration Ratios (CR8) for Cruise Travel Markets in 2022
Figure 27. United States VS China: Cruise Travel Revenue Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: Cruise Travel Consumption Value Market Share Comparison (2018 & 2022 & 2029)
Figure 29. World Cruise Travel Market Size by Type, (USD Million), 2018 & 2022 & 2029
Figure 30. World Cruise Travel Market Size Market Share by Type in 2022
Figure 31. Ocean Cruise
Figure 32. River Cruise
Figure 33. World Cruise Travel Market Size Market Share by Type (2018-2029)
Figure 34. World Cruise Travel Market Size by Application, (USD Million), 2018 & 2022 & 2029
Figure 35. World Cruise Travel Market Size Market Share by Application in 2022
Figure 36. Passenger Tickets
Figure 37. Onboard and Other
Figure 38. Cruise Travel Industrial Chain
Figure 39. Methodology
Figure 40. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
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