Global 5G V2X Communications Supply, Demand and Key Producers, 2024-2030
Page: 104
Published Date: 15 Aug 2024
Category: Service & Software
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
5G V2X (Vehicle-to-Everything) communications refer to the advanced communication technology that utilizes the fifth generation of wireless networks to facilitate interactions between vehicles and various entities within their environment. V2X is an umbrella term encompassing several types of communications: Vehicle-to-Vehicle (V2V): Direct communication between vehicles to share information such as speed, location, and heading. This can improve safety by enabling collision avoidance systems.
Vehicle-to-Infrastructure (V2I): Communication between vehicles and road infrastructure, like traffic lights, road signs, and traffic management systems. This can optimize traffic flow and reduce congestion. Vehicle-to-Pedestrian (V2P): Communication between vehicles and pedestrians or cyclists. This helps in enhancing the safety of vulnerable road users through alerts and warnings. Vehicle-to-Network (V2N): Communication between vehicles and the broader cellular network. This includes interactions with cloud services for navigation, infotainment, and other internet-based services. Vehicle-to-Device (V2D): Communication between vehicles and various devices, which could include smartphones, wearables, and other gadgets carried by pedestrians or cyclists.
The global 5G V2X Communications market size is expected to reach $ 3837 million by 2030, rising at a market growth of 65.1% CAGR during the forecast period (2024-2030).
The global key manufacturers of 5G V2X Communications include Quectel, Harman International and CICTCI, etc, top 3 manufacturers hold a share approximately 44%. Quectel is the world's largest 5G V2X Communications manufacturer, with a market share of more than 19%. Europe is the largest market, and has a share about 64%, followed by North America and Asia-Pacific with share 18% and 14%, separately. In terms of product type, Hardware is the largest market segment with a share of more than 64%. In terms of applications, Intelligent Driving is the largest downstream segment, with a market share of about 71%.
This report studies the global 5G V2X Communications demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for 5G V2X Communications, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of 5G V2X Communications that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global 5G V2X Communications total market, 2019-2030, (USD Million)
Global 5G V2X Communications total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: 5G V2X Communications total market, key domestic companies, and share, (USD Million)
Global 5G V2X Communications revenue by player, revenue and market share 2019-2024, (USD Million)
Global 5G V2X Communications total market by Type, CAGR, 2019-2030, (USD Million)
Global 5G V2X Communications total market by Application, CAGR, 2019-2030, (USD Million)
This report profiles major players in the global 5G V2X Communications 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 Quectel, Harman International, CICTCI, LG Innotek, ZTE, SimCOM, Commsignia, Cohda Wireless, Neoway Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world 5G V2X Communications 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 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global 5G V2X Communications Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global 5G V2X Communications Market, Segmentation by Type
Hardware
Software
Global 5G V2X Communications Market, Segmentation by Application:
Intelligent Driving
Intelligent Transportation
Communications and Entertainment
Companies Profiled:
Quectel
Harman International
CICTCI
LG Innotek
ZTE
SimCOM
Commsignia
Cohda Wireless
Neoway Technology
Key Questions Answered
1. How big is the global 5G V2X Communications market?
2. What is the demand of the global 5G V2X Communications market?
3. What is the year over year growth of the global 5G V2X Communications market?
4. What is the total value of the global 5G V2X Communications market?
5. Who are the Major Players in the global 5G V2X Communications market?
6. What are the growth factors driving the market demand?
Table of Contents
1 Supply Summary
1.1 5G V2X Communications Introduction
1.2 World 5G V2X Communications Market Size & Forecast (2019 & 2023 & 2030)
1.3 World 5G V2X Communications Total Market by Region (by Headquarter Location)
1.3.1 World 5G V2X Communications Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Based Company 5G V2X Communications Revenue (2019-2030)
1.3.3 China Based Company 5G V2X Communications Revenue (2019-2030)
1.3.4 Europe Based Company 5G V2X Communications Revenue (2019-2030)
1.3.5 Japan Based Company 5G V2X Communications Revenue (2019-2030)
1.3.6 South Korea Based Company 5G V2X Communications Revenue (2019-2030)
1.3.7 ASEAN Based Company 5G V2X Communications Revenue (2019-2030)
1.3.8 India Based Company 5G V2X Communications Revenue (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 5G V2X Communications Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Major Market Trends
2 Demand Summary
2.1 World 5G V2X Communications Consumption Value (2019-2030)
2.2 World 5G V2X Communications Consumption Value by Region
2.2.1 World 5G V2X Communications Consumption Value by Region (2019-2024)
2.2.2 World 5G V2X Communications Consumption Value Forecast by Region (2025-2030)
2.3 United States 5G V2X Communications Consumption Value (2019-2030)
2.4 China 5G V2X Communications Consumption Value (2019-2030)
2.5 Europe 5G V2X Communications Consumption Value (2019-2030)
2.6 Japan 5G V2X Communications Consumption Value (2019-2030)
2.7 South Korea 5G V2X Communications Consumption Value (2019-2030)
2.8 ASEAN 5G V2X Communications Consumption Value (2019-2030)
2.9 India 5G V2X Communications Consumption Value (2019-2030)
3 World 5G V2X Communications Companies Competitive Analysis
3.1 World 5G V2X Communications Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global 5G V2X Communications Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for 5G V2X Communications in 2023
3.2.3 Global Concentration Ratios (CR8) for 5G V2X Communications in 2023
3.3 5G V2X Communications Company Evaluation Quadrant
3.4 5G V2X Communications Market: Overall Company Footprint Analysis
3.4.1 5G V2X Communications Market: Region Footprint
3.4.2 5G V2X Communications Market: Company Product Type Footprint
3.4.3 5G V2X Communications 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 World (by Headquarter Location)
4.1 United States VS China: 5G V2X Communications Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: 5G V2X Communications Revenue Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: 5G V2X Communications Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: 5G V2X Communications Consumption Value Comparison
4.2.1 United States VS China: 5G V2X Communications Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: 5G V2X Communications Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based 5G V2X Communications Companies and Market Share, 2019-2024
4.3.1 United States Based 5G V2X Communications Companies, Headquarters (States, Country)
4.3.2 United States Based Companies 5G V2X Communications Revenue, (2019-2024)
4.4 China Based Companies 5G V2X Communications Revenue and Market Share, 2019-2024
4.4.1 China Based 5G V2X Communications Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies 5G V2X Communications Revenue, (2019-2024)
4.5 Rest of World Based 5G V2X Communications Companies and Market Share, 2019-2024
4.5.1 Rest of World Based 5G V2X Communications Companies, Headquarters (Province, Country)
4.5.2 Rest of World Based Companies 5G V2X Communications Revenue (2019-2024)
5 Market Analysis by Type
5.1 World 5G V2X Communications Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Hardware
5.2.2 Software
5.3 Market Segment by Type
5.3.1 World 5G V2X Communications Market Size by Type (2019-2024)
5.3.2 World 5G V2X Communications Market Size by Type (2025-2030)
5.3.3 World 5G V2X Communications Market Size Market Share by Type (2025-2030)
6 Market Analysis by Application
6.1 World 5G V2X Communications Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Intelligent Driving
6.2.2 Intelligent Transportation
6.2.3 Communications and Entertainment
6.3 Market Segment by Application
6.3.1 World 5G V2X Communications Market Size by Application (2019-2024)
6.3.2 World 5G V2X Communications Market Size by Application (2025-2030)
6.3.3 World 5G V2X Communications Market Size Market Share by Application (2019-2030)
7 Company Profiles
7.1 Quectel
7.1.1 Quectel Details
7.1.2 Quectel Major Business
7.1.3 Quectel 5G V2X Communications Product and Services
7.1.4 Quectel 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Quectel Recent Developments/Updates
7.1.6 Quectel Competitive Strengths & Weaknesses
7.2 Harman International
7.2.1 Harman International Details
7.2.2 Harman International Major Business
7.2.3 Harman International 5G V2X Communications Product and Services
7.2.4 Harman International 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Harman International Recent Developments/Updates
7.2.6 Harman International Competitive Strengths & Weaknesses
7.3 CICTCI
7.3.1 CICTCI Details
7.3.2 CICTCI Major Business
7.3.3 CICTCI 5G V2X Communications Product and Services
7.3.4 CICTCI 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 CICTCI Recent Developments/Updates
7.3.6 CICTCI Competitive Strengths & Weaknesses
7.4 LG Innotek
7.4.1 LG Innotek Details
7.4.2 LG Innotek Major Business
7.4.3 LG Innotek 5G V2X Communications Product and Services
7.4.4 LG Innotek 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 LG Innotek Recent Developments/Updates
7.4.6 LG Innotek Competitive Strengths & Weaknesses
7.5 ZTE
7.5.1 ZTE Details
7.5.2 ZTE Major Business
7.5.3 ZTE 5G V2X Communications Product and Services
7.5.4 ZTE 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 ZTE Recent Developments/Updates
7.5.6 ZTE Competitive Strengths & Weaknesses
7.6 SimCOM
7.6.1 SimCOM Details
7.6.2 SimCOM Major Business
7.6.3 SimCOM 5G V2X Communications Product and Services
7.6.4 SimCOM 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 SimCOM Recent Developments/Updates
7.6.6 SimCOM Competitive Strengths & Weaknesses
7.7 Commsignia
7.7.1 Commsignia Details
7.7.2 Commsignia Major Business
7.7.3 Commsignia 5G V2X Communications Product and Services
7.7.4 Commsignia 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Commsignia Recent Developments/Updates
7.7.6 Commsignia Competitive Strengths & Weaknesses
7.8 Cohda Wireless
7.8.1 Cohda Wireless Details
7.8.2 Cohda Wireless Major Business
7.8.3 Cohda Wireless 5G V2X Communications Product and Services
7.8.4 Cohda Wireless 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Cohda Wireless Recent Developments/Updates
7.8.6 Cohda Wireless Competitive Strengths & Weaknesses
7.9 Neoway Technology
7.9.1 Neoway Technology Details
7.9.2 Neoway Technology Major Business
7.9.3 Neoway Technology 5G V2X Communications Product and Services
7.9.4 Neoway Technology 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Neoway Technology Recent Developments/Updates
7.9.6 Neoway Technology Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 5G V2X Communications Industry Chain
8.2 5G V2X Communications Upstream Analysis
8.3 5G V2X Communications Midstream Analysis
8.4 5G V2X Communications 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 5G V2X Communications Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World 5G V2X Communications Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World 5G V2X Communications Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World 5G V2X Communications Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World 5G V2X Communications Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World 5G V2X Communications Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World 5G V2X Communications Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World 5G V2X Communications Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World 5G V2X Communications Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key 5G V2X Communications Players in 2023
Table 12. World 5G V2X Communications Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global 5G V2X Communications Company Evaluation Quadrant
Table 14. Head Office of Key 5G V2X Communications Players
Table 15. 5G V2X Communications Market: Company Product Type Footprint
Table 16. 5G V2X Communications Market: Company Product Application Footprint
Table 17. 5G V2X Communications Mergers & Acquisitions Activity
Table 18. United States VS China 5G V2X Communications Revenue Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China 5G V2X Communications Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based 5G V2X Communications Companies, Headquarters (States, Country)
Table 21. United States Based Companies 5G V2X Communications Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies 5G V2X Communications Revenue Market Share (2019-2024)
Table 23. China Based 5G V2X Communications Companies, Headquarters (Province, Country)
Table 24. China Based Companies 5G V2X Communications Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies 5G V2X Communications Revenue Market Share (2019-2024)
Table 26. Rest of World Based 5G V2X Communications Companies, Headquarters (Province, Country)
Table 27. Rest of World Based Companies 5G V2X Communications Revenue (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies 5G V2X Communications Revenue Market Share (2019-2024)
Table 29. World 5G V2X Communications Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World 5G V2X Communications Market Size Value by Type (2019-2024) & (USD Million)
Table 31. World 5G V2X Communications Market Size by Type (2025-2030) & (USD Million)
Table 32. World 5G V2X Communications Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World 5G V2X Communications Market Size by Application (2019-2024) & (USD Million)
Table 34. World 5G V2X Communications Market Size by Application (2025-2030) & (USD Million)
Table 35. Quectel Basic Information, Manufacturing Base and Competitors
Table 36. Quectel Major Business
Table 37. Quectel 5G V2X Communications Product and Services
Table 38. Quectel 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Quectel Recent Developments/Updates
Table 40. Quectel Competitive Strengths & Weaknesses
Table 41. Harman International Basic Information, Manufacturing Base and Competitors
Table 42. Harman International Major Business
Table 43. Harman International 5G V2X Communications Product and Services
Table 44. Harman International 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Harman International Recent Developments/Updates
Table 46. Harman International Competitive Strengths & Weaknesses
Table 47. CICTCI Basic Information, Manufacturing Base and Competitors
Table 48. CICTCI Major Business
Table 49. CICTCI 5G V2X Communications Product and Services
Table 50. CICTCI 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. CICTCI Recent Developments/Updates
Table 52. CICTCI Competitive Strengths & Weaknesses
Table 53. LG Innotek Basic Information, Manufacturing Base and Competitors
Table 54. LG Innotek Major Business
Table 55. LG Innotek 5G V2X Communications Product and Services
Table 56. LG Innotek 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. LG Innotek Recent Developments/Updates
Table 58. LG Innotek Competitive Strengths & Weaknesses
Table 59. ZTE Basic Information, Manufacturing Base and Competitors
Table 60. ZTE Major Business
Table 61. ZTE 5G V2X Communications Product and Services
Table 62. ZTE 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. ZTE Recent Developments/Updates
Table 64. ZTE Competitive Strengths & Weaknesses
Table 65. SimCOM Basic Information, Manufacturing Base and Competitors
Table 66. SimCOM Major Business
Table 67. SimCOM 5G V2X Communications Product and Services
Table 68. SimCOM 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. SimCOM Recent Developments/Updates
Table 70. SimCOM Competitive Strengths & Weaknesses
Table 71. Commsignia Basic Information, Manufacturing Base and Competitors
Table 72. Commsignia Major Business
Table 73. Commsignia 5G V2X Communications Product and Services
Table 74. Commsignia 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Commsignia Recent Developments/Updates
Table 76. Commsignia Competitive Strengths & Weaknesses
Table 77. Cohda Wireless Basic Information, Manufacturing Base and Competitors
Table 78. Cohda Wireless Major Business
Table 79. Cohda Wireless 5G V2X Communications Product and Services
Table 80. Cohda Wireless 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. Cohda Wireless Recent Developments/Updates
Table 82. Cohda Wireless Competitive Strengths & Weaknesses
Table 83. Neoway Technology Basic Information, Manufacturing Base and Competitors
Table 84. Neoway Technology Major Business
Table 85. Neoway Technology 5G V2X Communications Product and Services
Table 86. Neoway Technology 5G V2X Communications Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Neoway Technology Recent Developments/Updates
Table 88. Neoway Technology Competitive Strengths & Weaknesses
Table 89. Global Key Players of 5G V2X Communications Upstream (Raw Materials)
Table 90. Global 5G V2X Communications Typical Customers
List of Figures
Figure 1. 5G V2X Communications Picture
Figure 2. World 5G V2X Communications Total Revenue: 2019 & 2023 & 2030, (USD Million)
Figure 3. World 5G V2X Communications Total Revenue (2019-2030) & (USD Million)
Figure 4. World 5G V2X Communications Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Figure 5. World 5G V2X Communications Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company 5G V2X Communications Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company 5G V2X Communications Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company 5G V2X Communications Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company 5G V2X Communications Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company 5G V2X Communications Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company 5G V2X Communications Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company 5G V2X Communications Revenue (2019-2030) & (USD Million)
Figure 13. 5G V2X Communications Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World 5G V2X Communications Consumption Value (2019-2030) & (USD Million)
Figure 16. World 5G V2X Communications Consumption Value Market Share by Region (2019-2030)
Figure 17. United States 5G V2X Communications Consumption Value (2019-2030) & (USD Million)
Figure 18. China 5G V2X Communications Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe 5G V2X Communications Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan 5G V2X Communications Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea 5G V2X Communications Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN 5G V2X Communications Consumption Value (2019-2030) & (USD Million)
Figure 23. India 5G V2X Communications Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of 5G V2X Communications by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for 5G V2X Communications Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for 5G V2X Communications Markets in 2023
Figure 27. United States VS China: 5G V2X Communications Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: 5G V2X Communications Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World 5G V2X Communications Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World 5G V2X Communications Market Size Market Share by Type in 2023
Figure 31. Hardware
Figure 32. Software
Figure 33. World 5G V2X Communications Market Size Market Share by Type (2019-2030)
Figure 34. World 5G V2X Communications Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World 5G V2X Communications Market Size Market Share by Application in 2023
Figure 36. Intelligent Driving
Figure 37. Intelligent Transportation
Figure 38. Communications and Entertainment
Figure 39. World 5G V2X Communications Market Size Market Share by Application (2019-2030)
Figure 40. 5G V2X Communications Industrial Chain
Figure 41. Methodology
Figure 42. 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.
Companies Mentioned
Quectel Harman International CICTCI LG Innotek ZTE SimCOM Commsignia Cohda Wireless Neoway Technology
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