Business travel insurance is an insurance product that offers coverage to corporate owners for unforeseeable incidences occurred during the travelling. It provides expenses for trip revocation, emergency medical treatment, flight suspensions, missing luggage, and public liability to minimize financial uncertainty during business travelling. Furthermore, increase in adoption of travel insurance policy among businesses due to various offers provided by several intermediaries such as insurance aggregators, banks, and insurance brokers contributes toward the growth of the global market. The distribution channel helps businesses to buy affordable insurance policy during travelling internationally, which fosters the growth of the market.
Increase in use of digital distribution channel among insurance providers to boost the business sales and strengthened government regulations toward cross-border travelling act as the key driving forces of the growth of the global business travel insurance market. In addition, rapid increase in national and international travelling for businesses is accelerating the growth of the global market.
However, limited data sets for offering affordable insurance policy hampers the growth of market. On the contrary, surge in spending of businesses on high cost products & services and adoption of digital tools such as artificial intelligence (AI), application program interface (API), global positioning system (GPS), and data analytics to deliver affordable insurance policies are expected to provide remunerative opportunity for the expansion of the global market during the forecast period.
The global business travel insurance market is segmented into coverage type, distribution channels, application and region. By coverage type, the market is segregated into single-trip travel insurance and multi-trip travel insurance. On the basis of distribution channels, it is categorized into insurance intermediaries, insurance companies, banks, insurance brokers and insurance aggregators. As per the application, the market is bifurcated into domestic and international. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global business travel insurance market industry include Allianz, American International Group Inc., Assicurazioni Generali S.P.A., AXA, Chubb, Nationwide, Seven Corners Inc., TravelSafe, USI Insurance Services LLC, and Zurich. These players have adopted various strategies to increase their market penetration and strengthen their foothold in the business travel insurance market industry.
Increase in use of digital distribution channel among insurance providers to boost the business sales and strengthened government regulations toward cross-border travelling act as the key driving forces of the growth of the global business travel insurance market. In addition, rapid increase in national and international travelling for businesses is accelerating the growth of the global market.
However, limited data sets for offering affordable insurance policy hampers the growth of market. On the contrary, surge in spending of businesses on high cost products & services and adoption of digital tools such as artificial intelligence (AI), application program interface (API), global positioning system (GPS), and data analytics to deliver affordable insurance policies are expected to provide remunerative opportunity for the expansion of the global market during the forecast period.
The global business travel insurance market is segmented into coverage type, distribution channels, application and region. By coverage type, the market is segregated into single-trip travel insurance and multi-trip travel insurance. On the basis of distribution channels, it is categorized into insurance intermediaries, insurance companies, banks, insurance brokers and insurance aggregators. As per the application, the market is bifurcated into domestic and international. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global business travel insurance market industry include Allianz, American International Group Inc., Assicurazioni Generali S.P.A., AXA, Chubb, Nationwide, Seven Corners Inc., TravelSafe, USI Insurance Services LLC, and Zurich. These players have adopted various strategies to increase their market penetration and strengthen their foothold in the business travel insurance market industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of global business travel insurance market forecast along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on global business travel insurance market share is provided in the report.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2021 to 2030 is provided to determine the market potential.
Business Travel Insurance Market Key Segments
By Coverage Type
- Single-Trip Travel Insurance
- Multi-Trip Travel Insurance
By Distribution Channels
- Insurance Intermediaries
- Insurance Companies
- Online
- Offline
- Banks
- Insurance Brokers
- Insurance Aggregators
By Application
- Domestic
- International
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Allianz
- American International Group Inc.
- Assicurazioni Generali S.P.A.
- AXA
- Chubb
- Nationwide
- Seven Corners Inc.
- TravelSafe
- USI Insurance Services LLC
- Zurich
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. REPORT DESCRIPTION1.2. KEY MARKET SEGMENTS
1.3. KEY BENEFITS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET LANDSCAPE3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. PORTER'S FIVE FORCES ANALYSIS
3.3.1. Bargaining power of suppliers
3.3.2. Threat of new entrants
3.3.3. Threat of substitutes
3.3.4. Competitive rivalry
3.3.5. Bargaining power among buyers
3.4. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2020
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
CHAPTER 4: BUSINESS TRAVEL INSURANCE MARKET BY COVERAGE TYPE4.1. OVERVIEW
4.2. SINGLE TRIP TRAVEL INSURANCE
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis, by country
4.3. MULTI TRIP TRAVEL INSURANCE
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis, by country
CHAPTER 5: BUSINESS TRAVEL INSURANCE MARKET BY DISTRIBUTION CHANNELS5.1. OVERVIEW
5.2. INSURANCE INTERMEDIARIES
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis, by country
5.3. INSURANCE COMPANIES
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis, by country
5.4. BANKS
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis, by country
5.5. INSURANCE BROKERS
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis, by country
5.6. INSURANCE AGGREGATORS
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis, by country
CHAPTER 6: BUSINESS TRAVEL INSURANCE MARKET BY APPLICATION6.1. OVERVIEW
6.2. DOMESTIC
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis, by country
6.3. INTERNATIONAL
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis, by country
CHAPTER 7: BUSINESS TRAVEL INSURANCE MARKET BY REGION7.1. OVERVIEW
7.2. NORTH AMERICA
7.2.1. Key market trends and opportunities
7.2.2. Market size and forecast, by coverage type
7.2.3. Market size and forecast, by distribution channels
7.2.4. Market size and forecast, by application
7.2.5. Market size and forecast, by Country
7.2.6. US
7.2.6.1. Market size and forecast, by coverage type
7.2.6.2. Market size and forecast, by distribution channels
7.2.6.3. Market size and forecast, by application
7.2.7. Canada
7.2.7.1. Market size and forecast, by coverage type
7.2.7.2. Market size and forecast, by distribution channels
7.2.7.3. Market size and forecast, by application
7.3. EUROPE
7.3.1. Key market trends and opportunities
7.3.2. Market size and forecast, by coverage type
7.3.3. Market size and forecast, by distribution channels
7.3.4. Market size and forecast, by application
7.3.5. Market size and forecast, by Country
7.3.6. UK
7.3.6.1. Market size and forecast, by coverage type
7.3.6.2. Market size and forecast, by distribution channels
7.3.6.3. Market size and forecast, by application
7.3.7. Germany
7.3.7.1. Market size and forecast, by coverage type
7.3.7.2. Market size and forecast, by distribution channels
7.3.7.3. Market size and forecast, by application
7.3.8. France
7.3.8.1. Market size and forecast, by coverage type
7.3.8.2. Market size and forecast, by distribution channels
7.3.8.3. Market size and forecast, by application
7.3.9. Italy
7.3.9.1. Market size and forecast, by coverage type
7.3.9.2. Market size and forecast, by distribution channels
7.3.9.3. Market size and forecast, by application
7.3.10. Spain
7.3.10.1. Market size and forecast, by coverage type
7.3.10.2. Market size and forecast, by distribution channels
7.3.10.3. Market size and forecast, by application
7.3.11. Netherlands
7.3.11.1. Market size and forecast, by coverage type
7.3.11.2. Market size and forecast, by distribution channels
7.3.11.3. Market size and forecast, by application
7.3.12. Rest of Europe
7.3.12.1. Market size and forecast, by coverage type
7.3.12.2. Market size and forecast, by distribution channels
7.3.12.3. Market size and forecast, by application
7.4. ASIA PACIFIC
7.4.1. Key market trends and opportunities
7.4.2. Market size and forecast, by coverage type
7.4.3. Market size and forecast, by distribution channels
7.4.4. Market size and forecast, by application
7.4.5. Market size and forecast, by Country
7.4.6. China
7.4.6.1. Market size and forecast, by coverage type
7.4.6.2. Market size and forecast, by distribution channels
7.4.6.3. Market size and forecast, by application
7.4.7. Japan
7.4.7.1. Market size and forecast, by coverage type
7.4.7.2. Market size and forecast, by distribution channels
7.4.7.3. Market size and forecast, by application
7.4.8. India
7.4.8.1. Market size and forecast, by coverage type
7.4.8.2. Market size and forecast, by distribution channels
7.4.8.3. Market size and forecast, by application
7.4.9. Australia
7.4.9.1. Market size and forecast, by coverage type
7.4.9.2. Market size and forecast, by distribution channels
7.4.9.3. Market size and forecast, by application
7.4.10. Singapore
7.4.10.1. Market size and forecast, by coverage type
7.4.10.2. Market size and forecast, by distribution channels
7.4.10.3. Market size and forecast, by application
7.4.11. Rest of Asia Pacific
7.4.11.1. Market size and forecast, by coverage type
7.4.11.2. Market size and forecast, by distribution channels
7.4.11.3. Market size and forecast, by application
7.5. LAMEA
7.5.1. Key market trends and opportunities
7.5.2. Market size and forecast, by coverage type
7.5.3. Market size and forecast, by distribution channels
7.5.4. Market size and forecast, by application
7.5.5. Market size and forecast, by Country
7.5.6. Latin America
7.5.6.1. Market size and forecast, by coverage type
7.5.6.2. Market size and forecast, by distribution channels
7.5.6.3. Market size and forecast, by application
7.5.7. Middle East
7.5.7.1. Market size and forecast, by coverage type
7.5.7.2. Market size and forecast, by distribution channels
7.5.7.3. Market size and forecast, by application
7.5.8. Africa
7.5.8.1. Market size and forecast, by coverage type
7.5.8.2. Market size and forecast, by distribution channels
7.5.8.3. Market size and forecast, by application
CHAPTER 8: COMPANY PROFILES8.1. ALLIANZ GROUP
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.1.7. Key strategic moves and developments
8.2. AMERICAN INTERNATIONAL GROUP INC
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.2.7. Key strategic moves and developments
8.3. ASSICURAZIONI GENERALI SPA
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.3.7. Key strategic moves and developments
8.4. AXA
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.4.7. Key strategic moves and developments
8.5. CHUBB
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.5.7. Key strategic moves and developments
8.6. NATIONWIDE
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7. SEVEN CORNERS, INC
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.7.7. Key strategic moves and developments
8.8. TRAVELSAFE
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments
8.9. USI INSURANCE SERVICES LLC
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Business performance
8.9.7. Key strategic moves and developments
8.10. ZURICH
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Business performance
8.10.7. Key strategic moves and developments
List of Tables
TABLE 1. GLOBAL BUSINESS TRAVEL INSURANCE MARKET, BY COVERAGE TYPE 2020-2030 ($MILLION)
TABLE 2. BUSINESS TRAVEL INSURANCE MARKET FOR SINGLE TRIP TRAVEL INSURANCE , BY REGION, 2020-2030 ($MILLION)
TABLE 3. BUSINESS TRAVEL INSURANCE MARKET FOR MULTI TRIP TRAVEL INSURANCE, BY REGION, 2020-2030 ($MILLION)
TABLE 4. GLOBAL BUSINESS TRAVEL INSURANCE MARKET, BY DISTRIBUTION CHANNELS 2020-2030 ($MILLION)
TABLE 5. BUSINESS TRAVEL INSURANCE MARKET FOR INSURANCE INTERMEDIARIES, BY REGION, 2020-2030 ($MILLION)
TABLE 6. BUSINESS TRAVEL INSURANCE MARKET FOR INSURANCE COMPANIES, BY REGION, 2020-2030 ($MILLION)
TABLE 7. BUSINESS TRAVEL INSURANCE MARKET FOR BANKS, BY REGION, 2020-2030 ($MILLION)
TABLE 8. BUSINESS TRAVEL INSURANCE MARKET FOR INSURANCE BROKERS, BY REGION, 2020-2030 ($MILLION)
TABLE 9. BUSINESS TRAVEL INSURANCE MARKET FOR INSURANCE AGGREGATORS, BY REGION, 2020-2030 ($MILLION)
TABLE 10. GLOBAL BUSINESS TRAVEL INSURANCE MARKET, BY APPLICATION 2020-2030 ($MILLION)
TABLE 11. BUSINESS TRAVEL INSURANCE MARKET FOR DOMESTIC, BY REGION, 2020-2030 ($MILLION)
TABLE 12. BUSINESS TRAVEL INSURANCE MARKET FOR INTERNATIONAL, BY REGION, 2020-2030 ($MILLION)
TABLE 13. BUSINESS TRAVEL INSURANCE MARKET FOR , BY REGION, , 2020-2030 ($MILLION)
TABLE 14. NORTH AMERICA BUSINESS TRAVEL INSURANCE, BY COVERAGE TYPE 2020-2030 ($MILLION)
TABLE 15. NORTH AMERICA BUSINESS TRAVEL INSURANCE, BY DISTRIBUTION CHANNELS 2020-2030 ($MILLION)
TABLE 16. NORTH AMERICA BUSINESS TRAVEL INSURANCE, BY APPLICATION 2020-2030 ($MILLION)
TABLE 17. NORTH AMERICA BUSINESS TRAVEL INSURANCE, BY REGION, 2020-2030 ($MILLION)
TABLE 18. EUROPE BUSINESS TRAVEL INSURANCE, BY COVERAGE TYPE 2020-2030 ($MILLION)
TABLE 19. EUROPE BUSINESS TRAVEL INSURANCE, BY DISTRIBUTION CHANNELS 2020-2030 ($MILLION)
TABLE 20. EUROPE BUSINESS TRAVEL INSURANCE, BY APPLICATION 2020-2030 ($MILLION)
TABLE 21. EUROPE BUSINESS TRAVEL INSURANCE, BY REGION, 2020-2030 ($MILLION)
TABLE 22. ASIA PACIFIC BUSINESS TRAVEL INSURANCE, BY COVERAGE TYPE 2020-2030 ($MILLION)
TABLE 23. ASIA PACIFIC BUSINESS TRAVEL INSURANCE, BY DISTRIBUTION CHANNELS 2020-2030 ($MILLION)
TABLE 24. ASIA PACIFIC BUSINESS TRAVEL INSURANCE, BY APPLICATION 2020-2030 ($MILLION)
TABLE 25. ASIA PACIFIC BUSINESS TRAVEL INSURANCE, BY REGION, 2020-2030 ($MILLION)
TABLE 26. LAMEA BUSINESS TRAVEL INSURANCE, BY COVERAGE TYPE 2020-2030 ($MILLION)
TABLE 27. LAMEA BUSINESS TRAVEL INSURANCE, BY DISTRIBUTION CHANNELS 2020-2030 ($MILLION)
TABLE 28. LAMEA BUSINESS TRAVEL INSURANCE, BY APPLICATION 2020-2030 ($MILLION)
TABLE 29. LAMEA BUSINESS TRAVEL INSURANCE, BY REGION, 2020-2030 ($MILLION)
TABLE 30. ALLIANZ GROUP: COMPANY SNAPSHOT
TABLE 31. ALLIANZ GROUP: OPERATING SEGMENTS
TABLE 32. AMERICAN INTERNATIONAL GROUP INC: COMPANY SNAPSHOT
TABLE 33. AMERICAN INTERNATIONAL GROUP INC: OPERATING SEGMENTS
TABLE 34. ASSICURAZIONI GENERALI SPA: COMPANY SNAPSHOT
TABLE 35. ASSICURAZIONI GENERALI SPA: OPERATING SEGMENTS
TABLE 36. AXA: COMPANY SNAPSHOT
TABLE 37. AXA: OPERATING SEGMENTS
TABLE 38. CHUBB: COMPANY SNAPSHOT
TABLE 39. CHUBB: OPERATING SEGMENTS
TABLE 40. NATIONWIDE: COMPANY SNAPSHOT
TABLE 41. NATIONWIDE: OPERATING SEGMENTS
TABLE 42. SEVEN CORNERS, INC: COMPANY SNAPSHOT
TABLE 43. SEVEN CORNERS, INC: OPERATING SEGMENTS
TABLE 44. TRAVELSAFE: COMPANY SNAPSHOT
TABLE 45. TRAVELSAFE: OPERATING SEGMENTS
TABLE 46. USI INSURANCE SERVICES LLC: COMPANY SNAPSHOT
TABLE 47. USI INSURANCE SERVICES LLC: OPERATING SEGMENTS
TABLE 48. ZURICH : COMPANY SNAPSHOT
TABLE 49. ZURICH : OPERATING SEGMENTS
List of Figures'FIGURE 1. GLOBAL BUSINESS TRAVEL INSURANCE MARKET SEGMENTATION
FIGURE 2. TOP INVESTMENT POCKET
FIGURE 3. TOP WINNING STRATEGIES (%)
FIGURE 4. BUSINESS TRAVEL INSURANCE MARKET FOR SINGLE TRIP TRAVEL INSURANCE , 2020-2030 ($MILLION)
FIGURE 5. BUSINESS TRAVEL INSURANCE MARKET FOR MULTI TRIP TRAVEL INSURANCE, 2020-2030 ($MILLION)
FIGURE 6. BUSINESS TRAVEL INSURANCE MARKET FOR INSURANCE INTERMEDIARIES, 2020-2030 ($MILLION)
FIGURE 7. BUSINESS TRAVEL INSURANCE MARKET FOR INSURANCE COMPANIES, 2020-2030 ($MILLION)
FIGURE 8. BUSINESS TRAVEL INSURANCE MARKET FOR BANKS, 2020-2030 ($MILLION)
FIGURE 9. BUSINESS TRAVEL INSURANCE MARKET FOR INSURANCE BROKERS, 2020-2030 ($MILLION)
FIGURE 10. BUSINESS TRAVEL INSURANCE MARKET FOR INSURANCE AGGREGATORS, 2020-2030 ($MILLION)
FIGURE 11. BUSINESS TRAVEL INSURANCE MARKET FOR DOMESTIC, 2020-2030 ($MILLION)
FIGURE 12. BUSINESS TRAVEL INSURANCE MARKET FOR INTERNATIONAL, 2020-2030 ($MILLION)
FIGURE 13. GLOBAL BUSINESS TRAVEL INSURANCE, BY REGION, 2020 (%)
FIGURE 14. US BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 15. CANADA BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 16. UK BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 17. GERMANY BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 18. FRANCE BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 19. ITALY BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 20. SPAIN BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 21. NETHERLANDS BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 22. REST OF EUROPE BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 23. CHINA BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 24. JAPAN BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 25. INDIA BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 26. AUSTRALIA BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 27. SINGAPORE BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 28. REST OF ASIA PACIFIC BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 29. LATIN AMERICA BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 30. MIDDLE EAST BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
FIGURE 31. AFRICA BUSINESS TRAVEL INSURANCE MARKET, 2020-2030 ($MILLION)
Companies Mentioned
- Allianz
- American International Group Inc.
- Assicurazioni Generali S.P.A.
- AXA
- Chubb
- Nationwide
- Seven Corners Inc.
- TravelSafe
- USI Insurance Services LLC
- Zurich.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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