Search

Pet Transport Service Market

Pet Transport Service Market Size & Overview – Key Insights & Forecast

Base Year: 2022 Historical Data: 2019-21
  • Report ID: TBI-13465
  • Published Date: May, 2023
  • Pages: 236
  • Category: Consumer Goods
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

Market Introduction

The global pet transport service market was valued at USD 721.64 million in 2022 and is expected to grow at a CAGR of 6.41% from 2023 to 2032. The market is expected to reach USD 1,343.21 million by 2032. Major factors driving the growth of the pet transport service market are growing pet adoption and humanization, more tourists travelling with pets, and rising companion animals-friendly hotels & transport services.

Pet transport services include moving companion animals, especially pets. This service is often used when a pet owner has moved. Pet transport services can also transport pets for other reasons, such as dog, cat, and bird shows. Pet vaccinations, import permits, animal microchips, health certificates, and proof of rabies titer are required to transport pets from one place/country to another place/countries.

Pet Transport Service Market Size

Get an overview of this study by requesting a free sample

Recent Development

  • In January 2021: As per new US Department of Transportation (DOT) regulations, Southwest Airlines announced changing its policy regarding trained service animals and emotional support animals. From March 1, 2021, Southwest Airlines Co. will only allow trained service dogs for transport and will no longer carry emotional support animals. With this amendment, Southwest Airlines Co. will only accept individually trained service dogs to work or perform tasks on behalf of qualified individuals with disabilities who are travelling with customers. Types of disabilities include mental, physical, intellectual, sensory, or other psychiatric disabilities, and only dogs are accepted. No other pets will be allowed as trained service animals.
  • In February 2019: IAG Cargo launched a new pet carrier service for UK flights in collaboration with PetAir UK and sister British Airways.

Get Your Report Customized

  • Further segmentation of the market on the basis of type, application, end use, product, technology, method, process and any other segment depending on the market
  • Segmentation on the basis of any specific country or region
  • Any segment can be classified on the basis of application
  • Application segment can be further divided on the basis of companies
  • The companies profiled are not limited, we can incorporate additional companies of your choice
  • We can split the company market share on the basis of product, application and region
  • Report can be prepared for any specific country/region/segment
  • Customers can be added on the basis of regions and countries
Request for Customization

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis by Pet Type
          4.3.2. Market Attractiveness Analysis by Travel Type
          4.3.3. Market Attractiveness Analysis by Booking Type
          4.3.4. Market Attractiveness Analysis by Application
          4.3.5. Market Attractiveness Analysis by Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Rising Need for Event Logistics
          5.2.2. Rising Penetration of Blockchain Technology in Logistics
    5.3. Restraints
          5.3.1. Poor Transport Services in Emerging Nations
    5.4. Opportunities
          5.4.1. Growing Popularity of IOT Technology to Assure About Safety and Security of Pets
    5.5. Challenges
          5.5.1. Safety of Transportation and Strict Government Regulations

6. Global Pet Transport Service Market Analysis and Forecast, By Pet Type
    6.1. Segment Overview
    6.2. Cats
    6.3. Dogs
    6.4. Birds
    6.5. Others

7. Global Pet Transport Service Market Analysis and Forecast, By Travel Type
    7.1. Segment Overview
    7.2. Domestic Travel
    7.3. International Travel

8. Global Pet Transport Service Market Analysis and Forecast, By Booking Type
    8.1. Segment Overview
    8.2. Online & Phone Bookings
    8.3. Offline Bookings

9. Global Pet Transport Service Market Analysis and Forecast, By Application
    9.1. Segment Overview
    9.2. Personal
    9.3. Commercial

10. Global Pet Transport Service Market Analysis and Forecast, By Regional Analysis
    10.1. Segment Overview
    10.2. North America
          10.2.1. U.S.
          10.2.2. Canada
          10.2.3. Mexico
    10.3. Europe
          10.3.1. Germany
          10.3.2. France
          10.3.3. U.K.
          10.3.4. Italy
          10.3.5. Spain
    10.4. Asia-Pacific
          10.4.1. Japan
          10.4.2. China
          10.4.3. India
    10.5. South America
          10.5.1. Brazil
    10.6. Middle East and Africa
          10.6.1. UAE
          10.6.2. South Africa

11. Global Pet Transport Service Market-Competitive Landscape
    11.1. Overview
    11.2. Market Share of Key Players in the Pet Transport Service Market
          11.2.1. Global Company Market Share
          11.2.2. North America Company Market Share
          11.2.3. Europe Company Market Share
          11.2.4. APAC Company Market Share
    11.3. Competitive Situations and Trends
          11.3.1. Product Launches and Developments
          11.3.2. Partnerships, Collaborations, and Agreements
          11.3.3. Mergers & Acquisitions
          11.3.4. Expansions

12. Company Profiles
    12.1. American Airlines
          12.1.1. Business Overview
          12.1.2. Company Snapshot
          12.1.3. Company Market Share Analysis
          12.1.4. Company Product Portfolio
          12.1.5. Recent Developments
          12.1.6. SWOT Analysis
    12.2. Amerijet
          12.2.1. Business Overview
          12.2.2. Company Snapshot
          12.2.3. Company Market Share Analysis
          12.2.4. Company Product Portfolio
          12.2.5. Recent Developments
          12.2.6. SWOT Analysis
    12.3. Air Animal Inc.
          12.3.1. Business Overview
          12.3.2. Company Snapshot
          12.3.3. Company Market Share Analysis
          12.3.4. Company Product Portfolio
          12.3.5. Recent Developments
          12.3.6. SWOT Analysis
    12.4. Animal Motel
          12.4.1. Business Overview
          12.4.2. Company Snapshot
          12.4.3. Company Market Share Analysis
          12.4.4. Company Product Portfolio
          12.4.5. Recent Developments
          12.4.6. SWOT Analysis
    12.5. Animal Airways
          12.5.1. Business Overview
          12.5.2. Company Snapshot
          12.5.3. Company Market Share Analysis
          12.5.4. Company Product Portfolio
          12.5.5. Recent Developments
          12.5.6. SWOT Analysis
    12.6. B CARRYMYPET
          12.6.1. Business Overview
          12.6.2. Company Snapshot
          12.6.3. Company Market Share Analysis
          12.6.4. Company Product Portfolio
          12.6.5. Recent Developments
          12.6.6. SWOT Analysis
    12.7. Copa Airlines
          12.7.1. Business Overview
          12.7.2. Company Snapshot
          12.7.3. Company Market Share Analysis
          12.7.4. Company Product Portfolio
          12.7.5. Recent Developments
          12.7.6. SWOT Analysis
    12.8. Delta Air Lines
          12.8.1. Business Overview
          12.8.2. Company Snapshot
          12.8.3. Company Market Share Analysis
          12.8.4. Company Product Portfolio
          12.8.5. Recent Developments
          12.8.6. SWOT Analysis
    12.9. DSV
          12.9.1. Business Overview
          12.9.2. Company Snapshot
          12.9.3. Company Market Share Analysis
          12.9.4. Company Product Portfolio
          12.9.5. Recent Developments
          12.9.6. SWOT Analysis
    12.10. FedEx
          12.10.1. Business Overview
          12.10.2. Company Snapshot
          12.10.3. Company Market Share Analysis
          12.10.4. Company Product Portfolio
          12.10.5. Recent Developments
          12.10.6. SWOT Analysis
    12.11. Fly Pets PetRelocation Inc.
          12.11.1. Business Overview
          12.11.2. Company Snapshot
          12.11.3. Company Market Share Analysis
          12.11.4. Company Product Portfolio
          12.11.5. Recent Developments
          12.11.6. SWOT Analysis
    12.12. IAG Carg
          12.12.1. Business Overview
          12.12.2. Company Snapshot
          12.12.3. Company Market Share Analysis
          12.12.4. Company Product Portfolio
          12.12.5. Recent Developments
          12.12.6. SWOT Analysis
    12.13. Lan Cargo S.A.
          12.13.1. Business Overview
          12.13.2. Company Snapshot
          12.13.3. Company Market Share Analysis
          12.13.4. Company Product Portfolio
          12.13.5. Recent Developments
          12.13.6. SWOT Analysis
    12.14. Pet Travel Inc.
          12.14.1. Business Overview
          12.14.2. Company Snapshot
          12.14.3. Company Market Share Analysis
          12.14.4. Company Product Portfolio
          12.14.5. Recent Developments
          12.14.6. SWOT Analysis
    12.15. PetSino Happy Tails Travel Inc.
          12.15.1. Business Overview
          12.15.2. Company Snapshot
          12.15.3. Company Market Share Analysis
          12.15.4. Company Product Portfolio
          12.15.5. Recent Developments
          12.15.6. SWOT Analysis
    12.16. Pacific Pet Transporters
          12.16.1. Business Overview
          12.16.2. Company Snapshot
          12.16.3. Company Market Share Analysis
          12.16.4. Company Product Portfolio
          12.16.5. Recent Developments
          12.16.6. SWOT Analysis
    12.17. Pet Air Carrier LLC
          12.17.1. Business Overview
          12.17.2. Company Snapshot
          12.17.3. Company Market Share Analysis
          12.17.4. Company Product Portfolio
          12.17.5. Recent Developments
          12.17.6. SWOT Analysis
    12.18. Pets By Air
          12.18.1. Business Overview
          12.18.2. Company Snapshot
          12.18.3. Company Market Share Analysis
          12.18.4. Company Product Portfolio
          12.18.5. Recent Developments
          12.18.6. SWOT Analysis
    12.19. PetSpot
          12.19.1. Business Overview
          12.19.2. Company Snapshot
          12.19.3. Company Market Share Analysis
          12.19.4. Company Product Portfolio
          12.19.5. Recent Developments
          12.19.6. SWOT Analysis
    12.20. Southwest Airlines
          12.20.1. Business Overview
          12.20.2. Company Snapshot
          12.20.3. Company Market Share Analysis
          12.20.4. Company Product Portfolio
          12.20.5. Recent Developments
          12.20.6. SWOT Analysis
    12.21. The Caribbean Pet
          12.21.1. Business Overview
          12.21.2. Company Snapshot
          12.21.3. Company Market Share Analysis
          12.21.4. Company Product Portfolio
          12.21.5. Recent Developments
          12.21.6. SWOT Analysis
    12.22. United Airlines
          12.22.1. Business Overview
          12.22.2. Company Snapshot
          12.22.3. Company Market Share Analysis
          12.22.4. Company Product Portfolio
          12.22.5. Recent Developments
          12.22.6. SWOT Analysis
    12.23. World Pet Travel
          12.23.1. Business Overview
          12.23.2. Company Snapshot
          12.23.3. Company Market Share Analysis
          12.23.4. Company Product Portfolio
          12.23.5. Recent Developments
          12.23.6. SWOT Analysis
 

List of Table

1. Global Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

2. Global Cats Pet Transport Service Market, By Region, 2019-2032 (USD Million)

3. Global Dogs Pet Transport Service Market, By Region, 2019-2032 (USD Million)

4. Global Birds Pet Transport Service Market, By Region, 2019-2032 (USD Million)

5. Global Others Pet Transport Service Market, By Region, 2019-2032 (USD Million)

6. Global Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

7. Global Domestic Travel Pet Transport Service Market, By Region, 2019-2032 (USD Million)

8. Global International Travel Pet Transport Service Market, By Region, 2019-2032 (USD Million)

9. Global Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

10. Global Online & Phone Bookings Pet Transport Service Market, By Region, 2019-2032 (USD Million)

11. Global Offline Bookings Pet Transport Service Market, By Region, 2019-2032 (USD Million)

12. Global Pet Transport Service Market, By Application, 2019-2032 (USD Million)

13. Global Personal Pet Transport Service Market, By Region, 2019-2032 (USD Million)

14. Global Commercial Pet Transport Service Market, By Region, 2019-2032 (USD Million)

15. Global Pet Transport Service Market, By Region, 2019-2032 (USD Million)

16. North America Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

17. North America Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

18. North America Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

19. North America Pet Transport Service Market, By Application, 2019-2032 (USD Million)

20. U.S. Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

21. U.S. Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

22. U.S. Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

23. U.S. Pet Transport Service Market, By Application, 2019-2032 (USD Million)

24. Canada Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

25. Canada Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

26. Canada Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

27. Canada Pet Transport Service Market, By Application, 2019-2032 (USD Million)

28. Mexico Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

29. Mexico Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

30. Mexico Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

31. Mexico Pet Transport Service Market, By Application, 2019-2032 (USD Million)

32. Europe Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

33. Europe Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

34. Europe Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

35. Europe Pet Transport Service Market, By Application, 2019-2032 (USD Million)

36. Germany Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

37. Germany Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

38. Germany Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

39. Germany Pet Transport Service Market, By Application, 2019-2032 (USD Million)

40. France Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

41. France Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

42. France Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

43. France Pet Transport Service Market, By Application, 2019-2032 (USD Million)

44. U.K. Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

45. U.K. Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

46. U.K. Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

47. U.K. Pet Transport Service Market, By Application, 2019-2032 (USD Million)

48. Italy Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

49. Italy Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

50. Italy Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

51. Italy Pet Transport Service Market, By Application, 2019-2032 (USD Million)

52. Spain Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

53. Spain Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

54. Spain Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

55. Spain Pet Transport Service Market, By Application, 2019-2032 (USD Million)

56. Asia Pacific Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

57. Asia Pacific Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

58. Asia Pacific Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

59. Asia Pacific Pet Transport Service Market, By Application, 2019-2032 (USD Million)

60. Japan Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

61. Japan Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

62. Japan Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

63. Japan Pet Transport Service Market, By Application, 2019-2032 (USD Million)

64. China Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

65. China Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

66. China Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

67. China Pet Transport Service Market, By Application, 2019-2032 (USD Million)

68. India Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

69. India Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

70. India Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

71. India Pet Transport Service Market, By Application, 2019-2032 (USD Million)

72. South America Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

73. South America Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

74. South America Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

75. South America Pet Transport Service Market, By Application, 2019-2032 (USD Million)

76. Brazil Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

77. Brazil Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

78. Brazil Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

79. Brazil Pet Transport Service Market, By Application, 2019-2032 (USD Million)

80. Middle East and Africa Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

81. Middle East and Africa Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

82. Middle East and Africa Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

83. Middle East and Africa Pet Transport Service Market, By Application, 2019-2032 (USD Million)

84. UAE Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

85. UAE Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

86. UAE Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

87. UAE Pet Transport Service Market, By Application, 2019-2032 (USD Million)

88. South Africa Pet Transport Service Market, By Pet Type, 2019-2032 (USD Million)

89. South Africa Pet Transport Service Market, By Travel Type, 2019-2032 (USD Million)

90. South Africa Pet Transport Service Market, By Booking Type, 2019-2032 (USD Million)

91. South Africa Pet Transport Service Market, By Application, 2019-2032 (USD Million)

List of Figures 

1. Global Pet Transport Service Market Segmentation

2. Pet Transport Service Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Pet Transport Service Market Attractiveness Analysis by Pet Type

9. Global Pet Transport Service Market Attractiveness Analysis by Travel Type

10. Global Pet Transport Service Market Attractiveness Analysis by Booking Type

11. Global Pet Transport Service Market Attractiveness Analysis by Application

12. Global Pet Transport Service Market Attractiveness Analysis by Region

13. Global Pet Transport Service Market: Dynamics

14. Global Pet Transport Service Market Share by Pet Type (2023 & 2032)

15. Global Pet Transport Service Market Share by Travel Type (2023 & 2032)

16. Global Pet Transport Service Market Share by Booking Type (2023 & 2032)

17. Global Pet Transport Service Market Share by Application (2023 & 2032)

18. Global Pet Transport Service Market Share by Regions (2023 & 2032)

19. Global Pet Transport Service Market Share by Company (2022)

This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global pet transport service market based on below-mentioned segments:

Global Pet Transport Service Market by Pet Type:

  • Cats
  • Dogs
  • Birds
  • Others

Global Pet Transport Service Market by Travel Type:

  • Domestic Travel
  • International Travel

Global Pet Transport Service Market by Booking Type:

  • Online & Phone Bookings
  • Offline Bookings

Global Pet Transport Service Market by Application:

  • Personal
  • Commercial

Global Pet Transport Service Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Ask for customization Request Sample Speak to analyst Inquire before buying

Flexible Purchase Options

  • Chapters of your choice
  • Quantitative Information for Historical & Forecasted Data
  • Regional/Country Level Reports
Request for Special Pricing

Get in touch with us

+1-315-215-1633

sales@thebrainyinsights.com

Why choose us

ProactiveWe manage our resources 24/7 to identify issues and address them before they become problems

Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system

Global Outreach6 Major regions and 40+ countries level analysis accomplished

Competitive PricingOur pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery

Some Facts About The Brainy Insights

50%

Free Customization

300+

Fortune 500 Clients

1

Free Yearly Update On Purchase Of Multi/Corporate License

900+

Companies Served Till Date