WiFi Access Point 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: CR0193354
  • Format: Electronic (PDF)
  • Number of Pages: 212
  • Author(s): Joshi, Madhavi

Report Overview

The WiFi Access Point Market size was estimated at USD 8.5 billion in 2023 and is projected to reach USD 16 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.50% during the forecast period (2024-2030).

WiFi Access Point Market

(Market Size)
$8.5 billion
$16 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 10.50%
2023 Market Size USD 8.5 billion
2030 Market Size USD 16 billion
Key Players Cisco, Huawei, Aruba, TP-Link, Netgear

Market Summary

The WiFi access point market within the consumer goods industry encompasses devices that provide wireless connectivity for residential and small office environments. These products are integral to modern home networks, enabling internet access for a multitude of smart devices, entertainment systems, and home automation solutions. The market is characterized by continuous innovation aimed at enhancing speed, coverage, and security to meet the escalating demands of connected households. Manufacturers are consistently launching new models with advanced technologies such as Wi-Fi 6 and Wi-Fi 6E to deliver faster data rates, reduced latency, and improved performance in dense device environments. The proliferation of Internet of Things (IoT) devices and the increasing consumption of high-bandwidth applications like 4K/8K streaming and online gaming are primary factors sustaining market growth. The competitive landscape is dynamic, with both established networking specialists and emerging players vying for market share through product differentiation and strategic partnerships.

Key Highlights

Key highlights of the WiFi access point market include the rapid adoption of the latest wireless standards. The transition to Wi-Fi 6 and the emerging Wi-Fi 6E standard represents a significant technological leap, offering access to the 6 GHz band for reduced interference and greater capacity. This is particularly crucial for consumer applications where multiple devices operate simultaneously. Another highlight is the growing integration of mesh networking systems, which utilize multiple access points to eliminate dead zones and provide seamless whole-home coverage, a highly desirable feature for consumers. Enhanced security features have also become a critical selling point, with manufacturers embedding robust WPA3 encryption and automated threat detection to protect home networks from increasing cyber vulnerabilities. Furthermore, the design of consumer access points has evolved, with a focus on aesthetic, compact form factors that blend into modern home decor, moving away from the traditional utilitarian look of networking hardware.

Drivers, Opportunities & Restraints

The primary drivers propelling the WiFi access point market are the exponential growth in the number of internet-connected devices per household and the increasing consumer reliance on uninterrupted, high-speed internet for work, education, and entertainment. The global shift towards remote and hybrid work models has further accelerated the need for reliable and powerful home networking solutions. A significant opportunity lies in the smart home ecosystem, as WiFi is the backbone for connecting a vast array of IoT devices, from smart speakers and thermostats to security cameras and appliances. Market players have the opportunity to develop ecosystem-specific solutions and form alliances with smart home platform providers. However, the market faces restraints including consumer price sensitivity, especially in highly competitive and saturated markets, which can pressure profit margins. Additionally, the technical complexity of advanced systems can be a barrier for non-tech-savvy consumers, potentially limiting adoption. Concerns over data privacy and security also present a challenge that manufacturers must continuously address through transparent practices and advanced firmware.

Concentration Insights

The concentration of the WiFi access point market is characterized by the presence of a few dominant global players and a long tail of smaller, specialized manufacturers. Companies like TP-Link, Netgear, and D-Link have established strong brand recognition and distribution networks, giving them a significant share of the volume-driven consumer segment. These players compete aggressively on price, features, and market reach. Concurrently, specialist firms such as Ubiquiti Inc. and Cisco's consumer-focused offerings cater to prosumers and tech enthusiasts seeking higher performance and greater configurability, often at premium price points. The market also sees competition from technology giants like Google and Amazon, which leverage their ecosystem advantages by integrating access points with their voice assistants and smart home platforms. This creates a bifurcated landscape where competition occurs on both mass-market value and premium performance, with innovation and brand loyalty being key determinants of success within each segment.

Type Insights

The consumer WiFi access point market is segmented by type, primarily distinguished by their intended deployment and capability. The most common types are standalone access points and mesh WiFi systems. Standalone, or traditional, access points are single units designed to cover a specific area and are often used as an extension of an existing router's network. These are typically more affordable and suit smaller homes or apartments. In contrast, mesh WiFi systems consist of a main router and one or more satellite nodes that work together to create a single, seamless network covering a much larger area. This type has gained immense popularity for eliminating dead zones in multi-story homes and large residences. Another key differentiation is based on the supported WiFi standard, with products categorized as Wi-Fi 5 (802.11ac), Wi-Fi 6 (802.11ax), and the latest Wi-Fi 6E. Wi-Fi 6 access points are becoming the new standard for mid-range and premium offerings, providing efficient performance for dense device environments.

Application Insights

In the consumer goods sector, WiFi access points are applied predominantly in residential settings to facilitate a wide range of activities. The primary application is whole-home internet coverage, ensuring stable connectivity for devices in every room. This is foundational for applications like HD video streaming on smart TVs and gaming consoles, which demand high bandwidth and low latency. Another critical application is supporting the remote work and virtual learning paradigm, where reliable video conferencing and large file transfers are essential. The smart home application is perhaps the fastest-growing, as WiFi serves as the primary connectivity protocol for a multitude of IoT devices. This includes smart speakers like Amazon Echo and Google Nest, intelligent lighting systems from Philips Hue, connected thermostats, and security systems. The access point acts as the central hub that enables these devices to communicate with each other and with the user, making it a critical component of the modern connected lifestyle.

Regional Insights

Regional demand for WiFi access points varies based on internet penetration rates, technological adoption, and consumer disposable income. North America and Europe represent mature markets with high adoption rates of advanced technologies. Consumers in these regions are early adopters of Wi-Fi 6 and mesh systems, driven by high broadband speeds, large average home sizes, and a strong presence of smart home devices. The Asia-Pacific region is a high-growth market, fueled by expanding internet infrastructure in countries like India and China, a growing middle class, and increasing urbanization. Price sensitivity is often higher in these emerging markets, making value-oriented products from companies like TP-Link and Xiaomi particularly successful. Latin America and the Middle East & Africa are emerging markets where growth is tied to improving broadband availability and rising smartphone penetration. Overall, global demand is universal, but product feature preferences and price points are strategically tailored by manufacturers to meet specific regional needs and competitive dynamics.

Company Insights

The competitive landscape of the consumer WiFi access point market features a mix of established networking hardware companies and new entrants from the technology sector. Prominent players include TP-Link Corporation, known for its extensive portfolio of affordable routers and access points under the Archer and Deco brands. Netgear Inc. is another key competitor, offering a range of products from high-performance Nighthawk routers to Orbi mesh systems targeted at premium consumers. D-Link Corporation provides a variety of networking solutions competing in the value and mid-range segments. Ubiquiti Inc. has carved a niche with its UniFi product line, appealing to prosumers and tech enthusiasts with enterprise-like features in a consumer form factor. Furthermore, technology giants have made significant inroads; Google with its Google Nest Wifi and Amazon with its Eero brand leverage their ecosystem integration to provide a seamless user experience. These companies compete on technology, brand strength, distribution, price, and the ability to integrate with broader digital ecosystems.

Recent Developments

Recent developments in the WiFi access point market are heavily focused on the integration of next-generation technologies and strategic market expansions. A major trend is the widespread launch of Wi-Fi 6E compatible devices, which utilize the newly available 6 GHz spectrum to offer dramatically increased speeds and lower latency, free from congestion. Companies like Netgear, ASUS, and Linksys have introduced flagship models supporting this standard. Another significant development is the enhancement of mesh systems, with manufacturers improving cross-node communication protocols and adding dedicated wireless backhaul radios to boost overall system performance. There is also a growing emphasis on cybersecurity, with firms incorporating more sophisticated, AI-driven security suites that offer real-time threat monitoring and parental controls directly within the hardware. Partnerships have been a key strategy, such as internet service providers partnering with hardware makers to offer co-branded or custom-designed access points to their subscribers, creating a new channel for market penetration and brand loyalty.

Report Segmentation

This market research report on the WiFi Access Point Market within the Consumer Goods industry provides a detailed analysis segmented across several dimensions to offer a comprehensive view. The report is segmented by type, categorizing products into standalone access points and mesh WiFi systems, with further breakdowns by technology standard such as Wi-Fi 5, Wi-Fi 6, and Wi-Fi 6E. The application segmentation analyzes usage across key consumer applications including residential internet access, video streaming and gaming, remote work and learning, and smart home device connectivity. Geographically, the report provides insights into regional markets including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, highlighting specific trends and growth patterns in each region. Furthermore, the report includes a competitive landscape segment, profiling key companies, their market shares, product portfolios, and recent strategic initiatives such as mergers, acquisitions, and new product launches.

FAQs

What is a WiFi access point? A WiFi access point is a networking hardware device that allows other Wi-Fi-enabled devices to connect to a wired network. It acts as a central transmitter and receiver of wireless radio signals, creating a local wireless network for internet access in homes and offices.

What is the difference between a router and an access point? A router is a device that connects multiple networks together, such as your local home network and the internet, and typically includes a built-in switch and firewall. An access point, however, is specifically designed to connect wireless devices to an existing wired network, often extending the coverage of a router.

What are the benefits of a mesh WiFi system? Mesh WiFi systems use multiple nodes to create a single, seamless network that blankets a large area with a strong signal. The primary benefits are the elimination of dead zones, consistent high-speed performance throughout the coverage area, and simplified network management through a single user interface.

What is Wi-Fi 6? Wi-Fi 6 is the latest generation of WiFi technology, based on the 802.11ax standard. It offers significant improvements over previous generations, including faster speeds, increased capacity to handle more devices simultaneously, reduced latency, and improved power efficiency for connected devices.

How does a WiFi access point improve internet speed? An access point itself does not increase the speed of your internet plan from your provider. However, it can improve the local network speed and reliability by providing a stronger, more stable wireless signal to your devices, ensuring they can achieve the maximum speeds available from your internet service.

What should I consider when buying a WiFi access point? Key factors to consider include the size of the area you need to cover, the number of devices that will be connected, the internet speed provided by your ISP, the WiFi standard supported (e.g., Wi-Fi 6 for future-proofing), and desired features such as mesh capability, security protocols, and ease of management.

Citius Research has developed a research report titled “WiFi Access Point 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

• WiFi Access Point 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 WiFi Access Point 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.

WiFi Access Point Market Segmentation

Market Segmentation

Regions Covered

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

WiFi Access Point Market Analysis

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

• Overview of WiFi Access Point Market
• Research Methodology
• Executive Summary
• Market Dynamics of WiFi Access Point 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 WiFi Access Point Market
• Cost and Gross Margin Analysis of WiFi Access Point Market
• WiFi Access Point 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 “WiFi Access Point 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.

WiFi Access Point Market Key Stakeholders

Below are the key stakeholders for the WiFi Access Point Market:

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

WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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 WiFi Access Point 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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