Paying-for-knowledge App Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0193240
  • Format: Electronic (PDF)
  • Number of Pages: 219
  • Author(s): Joshi, Madhavi

Report Overview

The Paying-for-knowledge App Market size was estimated at USD 3.5 billion in 2023 and is projected to reach USD 6.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.50% during the forecast period (2024-2030).

Paying-for-knowledge App Market

(Market Size)
$3.5 billion
$6.5 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 9.50%
2023 Market Size USD 3.5 billion
2030 Market Size USD 6.5 billion
Key Players Udemy, Coursera, MasterClass, Skillshare, Khan Academy

Market Summary

The paying-for-knowledge app market within the consumer goods industry represents a specialized segment of the broader digital education and professional development landscape. These platforms facilitate the monetization of expertise by allowing industry professionals, consultants, and seasoned executives to create and sell educational content directly to a targeted audience. For the consumer goods sector, this content is highly focused, covering topics such as supply chain optimization, retail merchandising strategies, brand management, sustainable sourcing, and consumer behavior analytics. The market has evolved from general knowledge-sharing platforms to niche-specific solutions that address the unique challenges and continuous learning requirements of professionals in fast-moving consumer goods (FMCG), durable goods, and retail industries. Businesses and individual professionals utilize these apps to stay competitive, ensuring they are updated on the latest market trends, operational efficiencies, and regulatory changes. The ecosystem comprises content creators, platform providers, and enterprises seeking to upskill their workforce, creating a dynamic digital marketplace for knowledge exchange.

Key Highlights

The paying-for-knowledge app market for consumer goods is characterized by several key highlights that underscore its growing importance. A significant trend is the integration of microlearning modules, which allow professionals to consume bite-sized, actionable content tailored to specific roles like procurement specialists or brand managers. Leading platforms are increasingly incorporating artificial intelligence to offer personalized learning pathways and content recommendations based on a user's job function and learning history. Another highlight is the strategic partnerships forming between app providers and major consumer goods corporations, enabling enterprise-wide subscriptions for employee training and development. The market also sees a surge in content focused on sustainability and ethical consumerism, reflecting broader industry shifts. Furthermore, the monetization models are diversifying, with options including subscription-based access, pay-per-course models, and corporate licensing agreements, providing flexibility for both creators and consumers of knowledge.

Drivers, Opportunities & Restraints

The growth of the paying-for-knowledge app market in the consumer goods sector is driven by the relentless pace of change within the industry, necessitating continuous professional development. The rapid adoption of e-commerce, data analytics, and omnichannel retail strategies compels professionals to seek immediate, applicable knowledge to enhance performance and decision-making. Opportunities are abundant, particularly in emerging markets where the consumer goods sector is expanding rapidly, creating a new generation of professionals eager for expertise. There is also a significant opportunity in developing hyper-specialized content for niche areas within consumer goods, such as cold chain logistics for perishables or regulatory compliance for international markets. However, the market faces restraints, including the challenge of content commoditization, where an oversupply of similar courses can diminish perceived value. Ensuring the credibility and expertise of content creators remains a hurdle, as does user reluctance to pay for information that may be perceived as available for free through other channels, albeit in a less structured form.

Concentration Insights

The concentration of the paying-for-knowledge app market serving the consumer goods industry reveals a landscape with a mix of large, established players and agile niche specialists. Major global platforms like MasterClass and LinkedIn Learning have dedicated sections for business and consumer goods topics, leveraging their vast user bases and marketing reach. However, a significant portion of the market is also served by specialized providers such as Skillshare for creative brand content or industry-specific platforms that focus exclusively on retail and FMCG knowledge. This creates a moderately concentrated market where a few giants hold substantial market share, but numerous smaller players successfully compete by offering deep, vertical expertise. The concentration is further influenced by geographic factors, with certain platforms dominating specific regions, while others pursue a global strategy. The competitive intensity is high, driving continuous innovation in content delivery and user engagement strategies to capture and retain a professional audience.

Type Insights

Paying-for-knowledge apps for the consumer goods industry can be segmented by content type and delivery format, each catering to different learning preferences. A primary type is the video-based tutorial and course platform, which is highly popular for visual demonstrations of concepts like shelf-space planning or digital marketing campaign analysis. Another significant type is the audio-based knowledge app, such as those offering podcasts and expert interviews, which professionals can consume during commutes, providing insights on topics like global supply chain disruptions or consumer trend forecasting. Interactive webinar and live Q&A platforms represent a growing type, offering real-time engagement with industry experts on pressing issues. Furthermore, there are text and document-based platforms providing in-depth whitepapers, case studies, and market analysis reports for those who prefer detailed reading. Each type serves a distinct purpose, from quick tactical updates to deep strategic dives, allowing users to choose based on their immediate learning needs and time constraints.

Application Insights

The application of paying-for-knowledge apps within the consumer goods industry is multifaceted, directly impacting various business functions and professional roles. A primary application is sales and marketing training, where teams learn about new digital advertising tools, consumer engagement strategies, and brand storytelling to drive product growth. Supply chain and logistics professionals use these apps to understand advancements in inventory management, demand forecasting, and sustainable packaging solutions, directly applying this knowledge to optimize operations. For product managers and developers, applications include learning about consumer-centric design thinking, competitor analysis, and navigating the regulatory landscape for new product launches. Executive leadership utilizes these platforms for strategic insights into market consolidation, mergers and acquisitions, and global expansion strategies. Essentially, these apps serve as an on-demand knowledge resource that supports continuous improvement and innovation across the entire value chain of a consumer goods business.

Regional Insights

Regional dynamics play a crucial role in the adoption and growth of paying-for-knowledge apps for the consumer goods sector. North America represents a mature market, characterized by high adoption rates among professionals and corporations, driven by a strong culture of continuous learning and the presence of major global consumer goods brands. Europe follows a similar pattern, with significant emphasis on content related to regulatory compliance, sustainability, and ethical sourcing due to stringent EU regulations. The Asia-Pacific region is the fastest-growing market, fueled by the expansion of the middle class, the rapid growth of e-commerce, and a burgeoning consumer goods industry in countries like China and India. Here, content often focuses on market entry strategies, localization, and understanding diverse consumer preferences. Latin America and the Middle East & Africa are emerging markets where adoption is growing, particularly for content related to basic retail management, supply chain establishment, and digital transformation for traditional trade channels.

Company Insights

The competitive landscape of companies operating in the paying-for-knowledge app market for consumer goods includes a diverse array of players. Well-known broad-based platforms like Coursera and Udemy offer a wide range of courses relevant to the industry, often created in partnership with universities and corporations. Specialized players have also emerged, such as platforms focusing exclusively on retail management or food and beverage industry expertise. Major technology companies are also entrants, leveraging their ecosystems to provide integrated learning solutions. Furthermore, many established management consulting firms and market research agencies have developed their own digital knowledge platforms as an extension of their services, offering premium, data-driven insights. The strategies of these companies often involve curating content from recognized industry experts, former executives from companies like Procter & Gamble or Unilever, and leading academics to ensure high credibility and practical value for their professional user base.

Recent Developments

The paying-for-knowledge app market for consumer goods has witnessed several pivotal recent developments that are shaping its future trajectory. A prominent trend is the acquisition of smaller, niche knowledge platforms by larger education technology companies seeking to expand their content libraries and specialist offerings in the consumer goods vertical. There has been a significant push towards mobile-first and even mobile-only app experiences, recognizing that professionals demand access to knowledge on-the-go. Another key development is the incorporation of social learning features, such as peer discussion forums and expert-led community groups, to foster networking and collaborative problem-solving alongside content consumption. Furthermore, platforms are increasingly offering certification and credentialing programs in partnership with industry associations, adding formal recognition and value to the learning completed. The use of interactive tools like simulations for demand planning or virtual reality for store layout planning is also emerging as a cutting-edge development to enhance experiential learning.

Report Segmentation

This market research report on the paying-for-knowledge app market within the consumer goods industry provides a detailed segmentation to offer granular insights. The report is segmented by type of content, which includes video courses, audio sessions, written publications, and interactive live sessions. It is further segmented by application, detailing usage across key functions such as marketing & sales, supply chain & operations, product development, and executive leadership. A crucial segmentation is by end-user, distinguishing between individual professionals, small and medium enterprises (SMEs), and large enterprises, as their content needs and purchasing behaviors differ significantly. Geographic segmentation covers major regions and key countries within North America, Europe, Asia-Pacific, and the Rest of the World, analyzing regional trends, adoption rates, and growth potential. This multi-faceted segmentation allows for a comprehensive analysis of the market dynamics, target audience needs, and competitive landscape across different dimensions.

FAQs

What are the best paying-for-knowledge apps? The best apps are typically those that offer high-quality, expert-led content specific to the consumer goods industry. Platforms are often evaluated based on the credibility of their instructors, the practicality of their content, user interface, and the flexibility of their learning models.

How does the paying-for-knowledge business model work? The business model primarily operates on a content monetization strategy where experts are compensated for creating courses or sessions, and the platform generates revenue through user subscriptions, one-time course purchases, or corporate licensing fees, taking a percentage of the sales.

What are the benefits of knowledge-sharing apps for businesses? For businesses, these apps provide a scalable solution for employee training and development, ensuring teams stay updated on industry best practices, which can lead to improved operational efficiency, innovation, and a competitive advantage in the market.

Who are the typical users of these knowledge platforms? Typical users include a wide range of professionals within the consumer goods sector, such as brand managers, supply chain analysts, marketing executives, retail operators, and entrepreneurs seeking to launch new products or services.

How do creators monetize their expertise on these apps? Creators monetize their expertise by developing and publishing courses, hosting live webinars, or offering personalized coaching sessions. They earn revenue through royalty shares based on course sales, fixed fees for content creation, or direct payments from users for live interactions.

What trends are shaping the future of this market? Key trends include the use of artificial intelligence for personalized learning experiences, a greater focus on micro-credentials and certifications, the growth of audio-based learning, and increased demand for content on sustainability and digital transformation in consumer goods.

Citius Research has developed a research report titled “Paying-for-knowledge App Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Paying-for-knowledge App Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Paying-for-knowledge App Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Paying-for-knowledge App Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Paying-for-knowledge App Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Paying-for-knowledge App Market
• Research Methodology
• Executive Summary
• Market Dynamics of Paying-for-knowledge App Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Paying-for-knowledge App Market
• Cost and Gross Margin Analysis of Paying-for-knowledge App Market
• Paying-for-knowledge App Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Paying-for-knowledge App Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Paying-for-knowledge App Market Key Stakeholders

Below are the key stakeholders for the Paying-for-knowledge App Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Paying-for-knowledge App Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Paying-for-knowledge App Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Paying-for-knowledge App Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Paying-for-knowledge App Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Paying-for-knowledge App Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Paying-for-knowledge App Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Paying-for-knowledge App Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Paying-for-knowledge App Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Paying-for-knowledge App Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Paying-for-knowledge App Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Paying-for-knowledge App Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Paying-for-knowledge App Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Paying-for-knowledge App Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Paying-for-knowledge App Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Paying-for-knowledge App Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Paying-for-knowledge App Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Paying-for-knowledge App Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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