In 2021, Gartner was the leading company in the market research and data analytics sector in the United States. Roughly ** million U.S. dollars separated the top two companies, as Nielsen generated a revenue of approximately *** billion U.S. dollars compared to the **** billion U.S. dollars generated by Gartner.
In 2023, the leading market research company in terms of global research revenue was Gartner, generating approximately *** billion U.S. dollars. In the same year, American company IQVIA accrued roughly *** billion U.S. dollars. Market research companies - global players Market research is an important business strategy involving the gathering of information about an organization’s target market. In terms of global research revenue, American company Gartner was the leading market research company worldwide. Headquartered in the United States, the number of employees working for the company totaled ****** people in 2023. The sixth largest market research company in terms of global research revenue was Kantar. Kantar Group is a UK-based international network of ** companies, including Millward Brown and IMRB International. In 2022, the research revenue of Kantar amounted to approximately ***** billion U.S. dollars. Another European leader, and ranked seventh in the global ranking, was Ipsos. The company had a research revenue of over *** billion U.S. dollars. The largest share of market research revenue made by Ipsos was generated in Europe, the Middle East and Africa in 2023. United States dominant in a global market The global revenue of the market research industry reached over ** billion U.S. dollars in 2023, over half of which came from the United States. The number of full-time employees working for the top ten market research companies in the United States totaled almost ****** in 2020.
IBISWorld's Top 1,000 List for 2022 identifies the best performing companies in Australia and New Zealand as well as the industries in which they operate.
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The Company Research Services industry is composed of businesses that conduct research on management teams, strategic developments and the financial operations of companies in the private and public sectors. Company research services are predominantly catered toward financial institutions, such as asset managers, bankers, equity traders and sales departments. As a result, demand for company research services is tied to corporate profit and research budget levels. For much of the past five years, growth in both corporate profit and the number of businesses in the United States have fueled industry growth. Uncertainty in financial markets can also drive new demand for research services, as companies seek out additional information before making investments in the business environment. Consequently, industry revenue is projected to expand at a CAGR of 2.2% to $2.1 billion over the five years to 2023. Meanwhile, as corporate profit has increased, industry companies have been able to increase prices, supporting their own profit growth.While the past five years have overall been positive for the Company Research Services industry, industry operations were briefly disrupted in 2020 when the COVID-19 pandemic halted the US economy. Stringent safety restrictions and massive uncertainty caused corporate profit to fall, as many companies had to limit capital expenditures to avoid bankruptcy. Uncertainty fell as the pandemic passed in 2021, leading to higher spending from downstream markets. After a bumpy 2022 due to economic uncertainty, growth is expected to resume in 2023, with revenue expected to rise an estimated 3.1% in the year.The industry is expected to see continued strength over the five years to 2028. The industry is expected to benefit from growing demand from the finance and insurance industries, which account for the largest share of revenue. In particular, heightened regulation regarding risk management will prompt companies to invest in company research that will better inform decisions. Marketing services are also expected to expand over the five years to 2028 as companies develop tools to help corporate sales teams expand operations. Overall, industry revenue is expected to rise at an annualized rate of 1.8% to $2.3 billion over the five years to 2028.
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Global Market Research Services market size is expected to reach $109.67 billion by 2029 at 4.1%, segmented as by type, marketing research and analysis services, public opinion and election polling
The global market research industry reached a record high market size of approximately ** billion U.S. dollars in 2023. Over the last decade, the global market research industry has performed contrary to broader economic trends as the industry has continued to grow. Figures for 2023 signaled an increase of about *** billion U.S. dollars compared to the previous year. Market research industryMarket research is the activity of gathering information about markets in which an organization sells their produces and/or services. This often includes detailed qualitative understandings of consumer attitudes and preferences through tools such interviews, surveys, and increasingly, big-data analytics. The leading market research company worldwide was U.S.-based Gartner in 2022. Slow growth in EuropeWhile growth in the United States has been significant, the revenue of the market research industry in Europe grew just slightly since 2014. Some analysts expect this poor performance to continue into the near future for *** reasons. First is the short- and mid-term uncertainty created by Brexit, impacting the reliability of any market research conducted prior to the issue being resolved. Second is the implementation of the EU General Data Protection Regulation (GDPR) laws in May 2018, which limit what companies are able to do with personal data. A majority of IT professionals in France, Germany and the UK agree the GDPR laws will prevent personal data being passed on to third parties, reducing the amount of data available to researchers in Europe compared to other regions.
Due to the ever-increasing amount of gathered and analyzed data, the global revenue of the market research industry has experienced strong growth in recent years. The North American market was the largest, valued at almost ** billion U.S. dollars in 2023, with the United States accounting for more than half of the global market. Market research industry The market research industry includes any organized activity aimed at gathering information about a specific industry, market, or group of customers. Market research relies on various types of services such as statistics, models, surveys, and, increasingly, big data analytics as a key instrument to meet customers’ needs and to direct investments in R&D and in new markets. In recent years, new technologies and new devices led to the emergence of new research methods such as big data analytics, mobile surveys, and behavioral economic models. Leading market research companies With a total revenue of roughly *** billion U.S dollars in 2023, Gartner was the leading market research company worldwide. Headquartered in Connecticut in the United States, Gartner is a global market research company operating worldwide. Their nearest global competitor, U.S. company IQVIA, reported *** billion U.S. dollars in global revenue in 2023.
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Single cell analysis market size is forecasted to grow at a rate of 17.2%, from USD 2.09 billion in 2019 to USD 6.98 billion in 2027. The global market for single cell analysis is expected to grow significantly, owing to the increasing biopharmaceutical and biotechnology industries.
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Market research and public opinion polling companies offer valuable insights into consumer behaviour, values and opinions for businesses, media and public-sector departments. Demand for market research is heavily reliant on business investment and technological advancements, with research companies examining target markets to help businesses tailor their products, services and marketing strategies. The advent of digital platforms and advanced analytics is reshaping the market landscape, providing more efficient data collection methods and insights essential for strategic decision-making. Revenue is expected to expand at a compound annual rate of 2.3% over the five years through 2025 to €2.1 billion, despite being forecast to dip by 2.2% in 2025. The COVID-19 pandemic brought adverse economic conditions, reducing business spending on non-essential services like market research. A decline in advertising spend further hit demand in 2020. However, as restrictions eased, revenue shot up in 2021, as businesses aimed to understand how consumer behaviour was changing in the post-pandemic landscape. Digital advertising's recovery also supported this rebound. Following this, though, inflationary pressures and geopolitical tensions in late 2022 and 2023 curbed spending, as businesses grappled with higher operational costs, leading to a downturn in revenue for market research companies. Prolonged uncertainty and political instability further subdued business investment through 2024 and into 2025, reflected in stagnant demand for market research services. Improving economic conditions are anticipated to bolster the industry’s prospects in the coming years. As inflation eases and interest rates fall, businesses will increase R&D activities, renewing demand for detailed market insights. Opportunities will arise from strengthened collaborations with advertising agencies, aligning strategies based on data-driven insights. Technological advancements will continue to drive innovation, with AI and mobile technologies reshaping data collection and interpretation processes. However, advancing technology will also create challenges as more businesses leverage advanced tech like Gen AI to set up in-house market research solutions, reducing spending on external research companies. At the same time, social media will continue to offer real-time public opinion insights, optimising audience segmentation and sentiment analysis. Data privacy regulations like the GDPR will necessitate balancing innovation with compliance, presenting operational burdens.
The catalog management software market has the potential to grow by USD 963.55 million during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 12.48%.
This catalog management software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (retail, e-commerce, marketing and media, manufacturing, and others), deployment (cloud-based and on-premise), and geography (North America, APAC, Europe, South America, and MEA). The catalog management software market report also offers information on several market vendors, including Claritum, Coupa Software Inc., eCom Sol Inc., Fujitsu Ltd., International Business Machines Corp., New Oxatis, Oracle Corp., Proactis Holdings Plc, Salsify Inc., and SAP SE among others.
What will the Catalog Management Software Market Size be in 2021?
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Catalog Management Software Market: Key Drivers and Trends
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing affordability of catalog management software is notably driving the catalog management software market growth, although factors such as increasing threats from open-source software may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the catalog management software industry get your FREE report sample now.
The rising affordability of catalog management software is one of the primary factors driving catalog management software market growth.
The affordable pricing and planning offered by providers are boosting the demand for catalog management software.
The moderately priced catalog management software allows end-users to manage the huge database of suppliers, contact information, and other details of products and services, enabling automation of the entire process. These end-users include software and services, healthcare, food and retail, and financial services industries.
The fees associated with the catalog management marketplace model are upfront and fully transparent. This is a simple monthly per-user subscription fee for buy-side users and no cost for suppliers.
Catalog management represents a solution for organizations to consolidate data into a single digital marketplace. It is the best way to consolidate data into a single source of truth for all customers, suppliers, processes, and policies.
The increasing demand for improved catalog management is one of the key catalog management software market trends as it is beneficial in matching data, removing duplicates, and ensuring consistency. The real benefit to catalog management is in the utilization of master data.
Catalog management software allows end-users to manage all their product data in a single system and update catalogs in multiple formats.
The software helps to simplify the workflow and manage all catalog changes regardless of the channel, platform, or location. It also enables the enrichment of product data and necessitates the change of information.
This catalog management software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Catalog Management Software Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Claritum
Coupa Software Inc.
eCom Sol Inc.
Fujitsu Ltd.
International Business Machines Corp.
New Oxatis
Oracle Corp.
Proactis Holdings Plc
Salsify Inc.
SAP SE
The catalog management software market is fragmented and the vendors are deploying growth strategies such as acquiring smaller and regional players to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the catalog management software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Catalog Management Software Market?
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The cosmeceuticals market share is expected to increase by USD 15.99 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.55%.
This cosmeceuticals market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers cosmeceuticals market segmentations by product (skincare cosmeceuticals, haircare cosmeceuticals, oral care cosmeceuticals, make-up cosmeceuticals, and other cosmeceuticals), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and MEA). The cosmeceuticals market report also offers information on several market vendors, including Amway Corp., Beiersdorf AG, Burberry Group Plc, Johnson & Johnson, Kao Corp., LOreal SA, LVMH Moet Hennessy - Louis Vuitton, Shiseido Co. Ltd., The Procter & Gamble Co., and Unilever Group among others.
What will the Cosmeceuticals Market Size be During the Forecast Period?
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Cosmeceuticals Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing premium bpc products industry is notably driving the cosmeceuticals market growth, although factors such as the short lifecycle of products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cosmeceuticals industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Cosmeceuticals Market Driver
The growing premium bpc products industry is notably driving the cosmeceuticals market growth. The global BPC products market is set to almost double in size in the next 10-15 years, with the US, China, Brazil, Japan, and India expected to become the top markets. Most consumers now prefer high-end cosmeceutical products and are more open to new technology and new retail distribution models. Therefore, global BPC product manufacturers are finding greater opportunities to innovate and launch premium products under the skincare, haircare, fragrances, makeup, bath, male grooming, and sun care categories. Most of the premium and niche categories of these products have some sort of health and medicinal benefits, and these products are considered cosmeceuticals. During the review period, face serums, face oils, hair serums, hair spray, hair and body mist, anti-aging skincare products, and hair styling products under the premium skincare and haircare product categories have grown significantly.
Key Cosmeceuticals Market Trend
The rising preference for physician-recommended products over non-prescription products is the key market trend for cosmeceuticals market growth. With the growing demand for skincare products from the aging population, the sales of physician-recommended (i.e., recommended by dermatologists, skincare specialists, and trichologists) cosmeceutical products are expected to increase in the coming years. The physician-recommended cosmeceuticals segment features well-known brand names, especially in the skincare products space. In line with the growing demand for physician-recommended products, vendors are focusing more on product differentiation to enhance the marketability of their products. Not only the global players but even local and small- and mid-size vendors have started focusing on the development of advanced cosmeceutical products.
Key Cosmeceuticals Market Challenge
The major challenge impeding the cosmeceuticals market growth is the short lifecycle of products. Most cosmeceutical products have short lifecycles. The existence and exit of these products from the market are determined by their shelf life, which is generally two years or less. If a product fails to penetrate the market and attain a sizable share, some new products replace it. In addition, the market gets saturated if a wide range of products has high adoption rates. Therefore, to maintain their profit margins, vendors need to continuously innovate and develop new products and marketing strategies. This might act as a challenge for the market's growth in the long run.
This cosmeceuticals market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Parent Market Analysis
Technavio categorizes the global cosmeceuticals market as a part of the global personal products market. Our research report has extensively
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Global Professional Services market size is expected to reach $7972.56 billion by 2029 at 5.7%, segmented as by type, design, research, promotional and consulting services, legal services, accounting services, all other professional, scientific
The material testing equipment market share should rise by USD 1.31 billion from 2021 to 2025 at a CAGR of 4.20%.
This material testing equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (NDT, UTM, SHTM, ITM, and HTM) and geography (APAC, North America, Europe, MEA, and South America). The material testing equipment market report also offers information on several market vendors, including ADMET Inc., AMETEK Inc., Amphenol Corp., Applied Test Systems, Hegewald and Peschke, Illinois Tool Works Inc., Shimadzu Corp., TA Instruments, Tinius Olsen Ltd., and ZwickRoell GmbH & Co. KG among others.
What will the Material Testing Equipment Market Size be in 2021?
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Material Testing Equipment Market: Key Drivers and Trends
The increase in the number of oil and gas and power generation projects is notably driving the material testing equipment market growth, although factors such as the need for high maintenance may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the material testing equipment industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This material testing equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Material Testing Equipment Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
ADMET Inc.
AMETEK Inc.
Amphenol Corp.
Applied Test Systems
Hegewald and Peschke
Illinois Tool Works Inc.
Shimadzu Corp.
TA Instruments
Tinius Olsen Ltd.
ZwickRoell GmbH & Co. KG
The vendor landscape of the material testing equipment market entails successful business strategies deployed by the vendors. The material testing equipment market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the material testing equipment market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Material Testing Equipment Market?
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44% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for material testing equipment in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing residential construction market will facilitate the material testing equipment market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
What are the Revenue-generating Product Segments in the Material Testing Equipment Market?
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The material testing equipment market share growth by the NDT segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the material testing equipment market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
Material Testing Equipment Market Scope
Report Coverage
Details
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The global Point-of-Care Cholesterol Monitoring Device Market was valued at US$ 428.8 Million in 2021 and is expected to reach US$ 514.7 Million by 2028, finds Future Market Insights (FMI) in a recent market survey.
Data Points | Market Insights |
---|---|
Market Value 2022 | USD 440.6 Million |
Market Value 2028 | USD 514.7 Billion |
CAGR 2022 to 2028 | 2.6% |
Key Players | The key players are F. Hoffmann-La, Roche Ltd., Abbott Laboratories, Abaxis, Inc. (Sub of Zoetis Inc.), DiaSys Diagnostic Systems GmbH, ACON Laboratories, PTS Diagnostics, Bioptik Technology, Inc., SD, Biosensor, Inc., Jant Pharmacal Corporation, Inc., Nova Biomedical Corporation., Beckman Coulter Inc. (Sub of Danaher Corporation) and SAMSUNG HEALTH CARE, Inc. |
Share of Top 5 Countries | 54.5% |
How The Market Progressed Till June 2022?
Particulars | Details |
---|---|
H1, 2021 | 2.61% |
H1, 2022 Projected | 2.62% |
H1, 2022 Outlook | 2.52% |
BPS Change - H1, 2022 (O) - H1, 2022 (P) | (-) 10 ↓ |
BPS Change - H1, 2022 (O) - H1, 2021 | (-) 9 ↓ |
Scope of the Report
Attribute | Details |
---|---|
Forecast Period | 2013 to 2021 |
Historical Data Available for | 2022 to 2028 |
Market Analysis | USD Million for Value |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Poland, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, South Africa |
Key Segments Covered | Product, Technology, Application, End User and Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The blue biotechnology market share should rise by USD 3.58 billion from 2021 to 2025 at a CAGR of 7.15%.
This blue biotechnology market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (pharmaceuticals, F&B, and others) and geography (North America, Europe, Asia, and ROW). The blue biotechnology market report also offers information on several market vendors, including AKER BIOMARINE AS, Archer Daniels Midland Co., BASF SE, Bawa Fishmeal and Oil Co., CP Kelco US Inc., Cyanotech Corp., Glyco Mar, KD Pharma Group SA, Marshall Marine Products, and Sea Run Holdings Inc. among others.
What will the Blue Biotechnology Market Size be in 2021?
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Blue Biotechnology Market: Key Drivers and Trends
The increasing cancer incidence rates driving the demand for unconventional drugs is notably driving the blue biotechnology market growth, although factors such as increasing level of marine pollution may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the blue biotechnology market. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This blue biotechnology market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Blue Biotechnology Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
AKER BIOMARINE AS
Archer Daniels Midland Co.
BASF SE
Bawa Fishmeal and Oil Co.
CP Kelco US Inc.
Cyanotech Corp.
Glyco Mar
KD Pharma Group SA
Marshall Marine Products
Sea Run Holdings Inc.
The vendor landscape of the blue biotechnology market entails successful business strategies deployed by the vendors. The blue biotechnology market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the blue biotechnology market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Blue Biotechnology Market?
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35% of the market’s growth will originate from North America during the forecast period. The US is the key market for blue biotechnology market in North America.
The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increasing use of blue biotechnology for producing molecular probes will facilitate the blue biotechnology market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
What are the Revenue-generating Application Segments in the Blue Biotechnology Market?
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The blue biotechnology market share growth by the pharmaceuticals segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the blue biotechnology market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
Blue Biotechnology Market Scope
Report Coverage
Details
Page number
120
Base year
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Management consultants continue to benefit from a robust demand stream for strategic planning and marketing services across the business and individual markets. Providing varied services to diverse downstream markets with unique needs allows management consultants to weather changing economic conditions. Core business interests, such as strategic planning, came into extra demand when inflationary spikes in 2022 and subsequent interest rate increases in 2023 accelerated the costs of business. Major consultancy firms such as Deloitte and Accenture Plc pivoted to business strategy and financial management consultation services due to businesses’ desire to secure capital and hedge against inflation when looking to pursue a new investment or acquisition. However, while economic turbulence did curtail consultants’ rate of growth, the high service diversification and accelerating adoption of new technologies, such as artificial intelligence (AI), reduced manual labor dependence and strengthened service quality across competitive sectors such as finance. These trends revenue to grow an annualized 3.5% to an estimated $404.1 billion over the past five years, including an estimated 1.2% growth rate in 2025 alone. Technological change in client markets drove spending on tech-centered consulting services, such as IT design and strategic planning. In the age of digital transformation, advisory roles require employees with unique and expert skill sets. Companies aiming to advance sustainability, embrace digital transformation and leverage big data analytics expand the need for expert consultants. The ability to hire remote workers broadens the labor pool's quality and scope, but also lessens consultants' negotiating power as other companies can now access previously restricted markets and recruit top talent. Consulting firms are no longer tethered to densely populated areas, allowing relocation to cities with lower rent and labor costs. While technology offers cost savings and expanded markets, it also intensifies competition for labor and clients, causing dampened profit in the past five years. Moving forward, management consultants are poised to take advantage of favorable economic conditions and a larger digital market that will change how marketing is conducted. While there are low barriers to entry in consulting, with the top 20 firms representing almost one-quarter of firm revenue, small-sized entrants will undoubtedly face stiff competition. As consolidation continues, the entry of niche firms specializing in new technology (IT, VR, AR and AI) is expected to increase, as these companies can better compete with larger consulting firms. Broader adoption of social media and digital advertising will provide lucrative opportunities for specialized marketing management consultants, particularly as 54% of consumers procure information via social media platforms, per 2024 data from Pew Research Center. The anticipated increase in business sentiment and aggregate private investment will bolster clients’ fiscal flexibility in securing longer-term consultant commitments, with revenue poised to grow an annualized 0.8% to an estimated $419.5 billion over the next five years.
This statistic shows the market capitalization of public biotech companies in 2021, sorted by major U.S. region. New York's total market capitalization of all public biotech companies came to approximately 86.5 billion U.S. dollars as of year-end 2021.
U.S. public biotech companies
Massachusetts and Northern California have some of the most successful public biotechnology companies in the United States, totaling some 345 billion U.S. dollars and 280 billion U.S. dollars in market capitalization, respectively, as of year-end 2021. Unsurprisingly, these two regions also have the greatest number of public biotech companies, totaling 152 in Massachusetts and 107 in Northern California. However, both regions saw an increase in the number of these public companies compared to the previous year. These two regions are also spending the highest amount on research and development endeavors. Within Northern California, the San Francisco Bay Area is considered the birth place of biotechnology, being the home to a large number of research universities and federal research institutions. It employs around half of California’s biomedical employees.
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This report provides an overview of our top 10 themes for 2021, identifying leading companies for each theme. Key themes include China Impact, India Impact, High-Intensity Warfare, Sustainability, and M & A well as focusing on key technologies, including hypersonics, directed energy, AI, big data, and unmanned vehicles. This report examines the impact of these trends over the next 12 months.
The report also focuses on non-defense specific trends, including the impact of COVID-19 on the market as well as how companies are managing sustainability goals. Read More
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The Immunochromatography Kits Market is estimated to be valued at USD 9.5 billion in 2025 and is projected to reach USD 14.2 billion by 2035, registering a compound annual growth rate (CAGR) of 4.1% over the forecast period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 9.5 billion |
Industry Value (2035F) | USD 14.2 billion |
CAGR (2025 to 2035) | 4.1% |
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[250 Pages Report] The spatial computing market revenue by the end of 2021 was US$ 87.5 Bn. The spatial computing market is expected to reach US$ 544.6 Billion by 2032, growing at a CAGR of 18.2% from 2022 to 2032.
Attributes | Details |
---|---|
Estimated Year (2022) Market Value | US$ 102.1 Billion |
Projected Year (2032) Market Value | US$ 544.6 Billion |
CAGR% (2022 to 2032) | 18.2% |
Top 5 Vendor Market Share | Around 40% |
Scope of report
Attributes | Details |
---|---|
Market value in 2021 | US$ 87.5 Billion |
Market CAGR 2022 to 2032 | 18.2% |
Share of top 5 players | Around 40% |
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Billion for Value |
Key Regions Covered | North America, Latin America, Europe, South Asia & Pacific, East Asia, and the Middle East & Africa (MEA) |
Key Countries Covered | US, Canada, Germany, UK, France, Italy, Spain, Russia, China, Japan, South Korea, India, Australia & New Zealand, GCC Countries, Turkey, and South Africa |
Key Segments Covered | Component, Technology, Application, Industry and Region |
Key Companies Profiled |
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Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
In 2021, Gartner was the leading company in the market research and data analytics sector in the United States. Roughly ** million U.S. dollars separated the top two companies, as Nielsen generated a revenue of approximately *** billion U.S. dollars compared to the **** billion U.S. dollars generated by Gartner.