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Japan Hotel Market, Volume & Forecast by Type, Ordering Platform (Offline, Online), Inbound Tourists, Region, Company Analysis

  • ID: 5317035
  • Report
  • April 2021
  • Region: Japan
  • 345 Pages
  • Renub Research

FEATURED COMPANIES

  • Hoshino Resorts REIT Inc.
  • Jr Hotel Group
  • Tokyu Corporation
The year 2020 was a very devastating year across the world for the tourism industry due to COVID - 19 pandemic. Globally, borders were sealed and remained effectively closed for foreign tourists. But, the second half of 2021 is expected to bring a little hope to the hospitality business and that brings hope for Japan as well. Our research finds that there has been a considerable movement of domestic tourists in Japan. These domestic tourists have provided much-needed relief to the bleeding hotel industry of Japan. We also believe that Japan hospitality market will reach its pre-COVID level by the end of the year 2022. According to the publisher new report, Japan Hotel Market is expected to reach US$ 23.49 Billion by 2026.

As per the analyst's viewpoint, the business owners, international hotel operators, investors have maintained an interest in the Japanese hotel market. They see this downturn as an opportunity to buy up distressed assets. Though most business owners, hoteliers currently prefer fixed rent lease. Before 2020, the tourism industry was on the rise in Japan before the pandemic. As per our study, there will be growth opportunity in the tourism industry during the forecast period. In order to match this growth, the big hotel chains are expanding their footprint across the country. As per this report, post-COVID-19 recovery, the Japan Hospitality Market will grow with a massive CAGR of 54.01 % during 2020-2026.

Japan has numerous hotel establishments distributed across the country, of which the mid-scale hotel segment dominates the country. Domestic tourists are its primary clientele due to the quality services offered by most mid-scale hotel segment hotels, and effective utilization of the available space has become the significant reason for this segment's rapid growth. As per our research findings, Japan Hotel Industry was US$ 1.76 Billion in 2020.

In Japan, the online hotel market targets a variety of consumer groups and that with different behaviour types with an offer that matches their needs and budget level. With the advancement in technology, the online hotel market is rising at a fast pace. On the other hand, COVID-19 has accelerated the digitization of the travel agent model; creating more shop closures as in-store agencies switch operations online, creating the downfall of the country's offline hotel booking market.

Japan is expected to see robust growth in inbound tourism during the course of time. This growth is expected to maintain its forward momentum and fuel a strong performance in the hotel industry in the coming year, fighting the global economic uncertainty. Tourism growth in Osaka has been especially notable. Tokyo stands top of the country's major cities, registering the highest number of a hotel room in Japan hotel market, with around a million tourists visiting the city. Osaka and Kyoto have witnessed rising numbers of arrivals year-on-year, constituting second and third highest hotel room-by town in the country, respectively.

Homegrown hotel companies primarily dominate the hotel industry in Japan. Domestic brands and their chains cover 90% of the total market in the country. The key players in Japan Hotel Market studied in the report are Marriott International, Inc Tokyo Corporation, JR Hotel Group, Kintetsu Group Holdings Co., Ltd. and Hoshino Resorts REIT Inc.

This report titled “Japan Hotel Market, Volume & Forecast by Type (High End, Mid Scale, Budget) Ordering Platform (Offline, Online), Region (Tokyo, Kyoto, Osaka, Sapporo, Fukuaka, Nagaya, Hiroshima, Naha, Sendai), Japan Inbound Market (Foreign Tourists, Domestic Tourists) Hotel/Companies (Marriott International, Inc, Tokyu Corporation, Jr Hotel Group, Kintetsu Group Holdings Co., Ltd., Hoshino Resorts REIT Inc.)” provides a complete analysis of Japanese Hotel Market.” provides a complete analysis of Japanese Hotel Market.

Japan Hotel Market has been covered from 5 viewpoints:

1. Market
2. Volume
3. ADR (Average Daily Rent Per Night)
4. REVPAR (Per Room per Night)
5. Occupancy Rate

Region - All the Top 9 Cities have been covered from above mentioned 5 viewpoints

1. Tokyo
2. Kyoto
3. Osaka
4. Sapporo
5. Fukuaka
6. Nagaya
7. Hiroshima
8. Naha
9. Sendai

Hotel Type - Japan Hotel Volume & Market have been covered from 3 viewpoints:

1. High-End Hotel
2. Mid-Scale Hotel
3. Budget Hotel

Ordering Platform - Japan Hotel Market have been covered from 2 viewpoints:

1. Online Hotel Booking
2. Offline Hotel Booking

Night Spend Analysis - Japan Hotel Market have been covered from 2 viewpoints:

1. Total Night Spend
2. Length of Stay - Overall, Business, Sightseeing and Leisure

Japan Inbound Market & Visitors have been covered from 2 viewpoints:

1. Foreign Tourists
2. Domestic Tourists

Purpose - Japan Tourism Market & Volume
  • Tourism & Leisure
  • Business
  • Others
All companies have been covered from 3 viewpoints:
  • Overviews
  • Recent Developments
  • Revenues
Company Analysis:

1. Marriott International, Inc
2. Tokyu Corporation
3. Jr Hotel Group
4. Kintetsu Group Holdings Co., Ltd.
5. Hoshino Resorts REIT Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Hoshino Resorts REIT Inc.
  • Jr Hotel Group
  • Tokyu Corporation
1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Japan Hotel Market
5.1 Market
5.2 Volume
5.3 ADR (Average Daily Rent Per Night)
5.4 REVPAR (Per Room per Night)
5.5 Occupancy Rate

6. Market & Volume Share - Japan Hotel Market
6.1 Market Share
6.1.1 Hotel Type
6.1.2 Ordering Platform
6.2 Volume Share
6.2.1 Hotel Type

7. Hotel Type - Japan Hotel Volume & Market
7.1 High End Hotel
7.1.1 Volume
7.1.2 Market
7.2 Mid Scale Hotel
7.2.1 Volume
7.2.2 Market
7.3 Budget Hotel
7.3.1 Volume
7.3.2 Market

8. Ordering Platform - Japan Hotel Market
8.1 Online Hotel
8.2 Offline Hotel

9. Region - Japan Hotel Market
9.1 Tokyo
9.1.1 Number of Rooms
9.1.2 Room Average Daily Rate (ADR)
9.1.3 Revenue per Available Room (RevPAR)
9.1.4 Occupancy Rate
9.2 Kyoto
9.2.1 Number of Rooms
9.2.2 Room Average Daily Rate (ADR)
9.2.3 Revenue per Available Room (RevPAR)
9.2.4 Occupancy Rate
9.3 Osaka
9.3.1 Number of Rooms
9.3.2 Room Average Daily Rate (ADR)
9.3.3 Revenue per Available Room (RevPAR)
9.3.4 Occupancy Rate
9.4 Sapporo
9.4.1 Number of Rooms
9.4.2 Room Average Daily Rate (ADR)
9.4.3 Revenue per Available Room (RevPAR)
9.4.4 Occupancy Rate
9.5 Fukuaka
9.5.1 Number of Rooms
9.5.2 Room Average Daily Rate (ADR)
9.5.3 Revenue per Available Room (RevPAR)
9.5.4 Occupancy Rate
9.6 Nagaya
9.6.1 Number of Rooms
9.6.2 Room Average Daily Rate (ADR)
9.6.3 Revenue per Available Room (RevPAR)
9.6.4 Occupancy Rate
9.7 Hiroshima
9.7.1 Number of Rooms
9.7.2 Room Average Daily Rate (ADR)
9.7.3 Revenue per Available Room (RevPAR)
9.7.4 Occupancy Rate
9.8 Naha
9.8.1 Number of Rooms
9.8.2 Room Average Daily Rate (ADR)
9.8.3 Revenue per Available Room (RevPAR)
9.8.4 Occupancy Rate
9.9 Sendai
9.9.1 Number of Rooms
9.9.2 Room Average Daily Rate (ADR)
9.9.3 Revenue per Available Room (RevPAR)
9.9.4 Occupancy Rate

10. Japan Hotel Ranking
10.1 Rank Chain Groups Hotels Rooms
10.2 Rank Chain Brands Hotels Rooms
10.3 Domestic Chain Groups Hotels Rooms
10.4 Domestic Chain Brands Hotels Rooms
10.5 International Chain Groups Hotels Rooms
10.6 International Chain Brands Hotels Rooms

11. Night Spend Analysis
11.1 Night Spend
11.2 Breakdown of the Length of Stay
11.2.1 Overall
11.2.2 Business
11.2.3 Sightseeing and Leisure

12. Japan Inbound Tourism Market
12.1 Foreign Tourist
12.1.1 Market
12.1.2 Volume
12.2 Domestic Tourist
12.2.1 Market
12.2.2 Volume

13. Purpose - Japan Tourism Market & Volume
13.1 Tourism and Leisure
13.1.1 Market
13.1.2 Volume
13.2 Business
13.2.1 Market
13.2.2 Volume
13.3 Others
13.3.1 Market
13.3.2 Volume

14. International Visitors Tourist Expenditure in Japan by Country (2019)

15. Company Analysis
15.1 Marriott International, Inc
15.1.1 Overview
15.1.2 Resent Development or Strategy
15.1.3 Sales Analysis
15.2 Tokyu Corporation
15.2.1 Overview
15.2.2 Resent Development or Strategy
15.2.3 Sales Analysis
15.3 Jr Hotel Group
15.3.1 Overview
15.3.2 Resent Development or Strategy
15.3.3 Sales Analysis
15.4 Kintetsu Group Holdings Co.,Ltd.
15.4.1 Overview
15.4.2 Resent Development or Strategy
15.4.3 Sales Analysis
15.5 Hoshino Resorts REIT Inc
15.5.1 Overview
15.5.2 Resent Development or Strategy
15.5.3 Sales Analysis

List of Figures:
Figure-01: Japan - Hotel Market (USD Billion), 2016 - 2020
Figure-02: Japan - Forecast for Hotel Market (USD Billion), 2021 - 2026
Figure-03: Japan - Hotel Volume (In 1000), 2016 - 2020
Figure-04: Japan - Forecast for Hotel Volume (In 1000), 2021 - 2026
Figure-05: Japan - Hotel ADR (average daily rent per night) (USD), 2016 - 2020
Figure-06: Japan - Forecast for Hotel ADR (average daily rent per night) (USD), 2021 - 2026
Figure-07: Japan - Hotel Per Room Per Night (REVPAR) (In USD), 2016 - 2020
Figure-08: Japan - Forecast for Hotel Per Room Per Night (REVPAR) (In USD), 2021 - 2026
Figure-09: Japan - Hotel Occupancy Rate (In Percent), 2016 - 2020
Figure-10: Japan - Forecast for Hotel Occupancy Rate (In Percent), 2021 - 2026
Figure-11: Japan - Ordering Platform Volume Share Analysis (Percent), 2016 - 2020
Figure-12: Japan - Forecast For Ordering Platform Volume Share Analysis (Percent), 2021 - 2026
Figure-13: Japan - High End Hotel Volume (In 1000), 2016 - 2020
Figure-14: Japan - Forecast for High End Hotel Volume (In 1000), 2021 - 2026
Figure-15: Japan - High End Hotel Market (USD Million), 2016 - 2020
Figure-16: Japan - Forecast for High End Hotel Market (USD Million), 2021 - 2026
Figure-17: Japan - Mid Scale Hotel Volume (In 1000), 2016 - 2020
Figure-18: Japan - Forecast for Mid Scale Hotel Volume (In 1000), 2021 - 2026
Figure-19: Japan - Mid Scale Hotel Market (USD Million), 2016 - 2020
Figure-20: Japan - Forecast for Mid Scale Hotel Market (USD Million), 2021 - 2026
Figure-21: Japan - Budget Hotel Volume (In 1000), 2016 - 2020
Figure-22: Japan - Forecast for Budget Hotel Volume (In 1000), 2021 - 2026
Figure-23: Japan - Budget Hotel Market (USD Million), 2016 - 2020
Figure-24: Japan - Forecast for Budget Hotel Market (USD Million), 2021 - 2026
Figure-25: Japan - Online Hotel Market (USD Billion), 2016 - 2020
Figure-26: Japan - Forecast for Online Hotel Market (USD Billion), 2021 - 2026
Figure-27: Japan - Offline Hotel Market (US$ Billion), 2016 - 2020
Figure-28: Japan - Forecast for Offline Hotel Market (US$ Billion), 2021 - 2026
Figure-29: Tokyo - Hotel Rooms (In Number), 2018 - 2020
Figure-30: Tokyo - Forecast for Hotel Rooms (In Number), 2021 - 2026
Figure-31: Tokyo - Hotel Room Average Daily Rate (USD), 2018 - 2020
Figure-32: Tokyo - Forecast for Hotel Room Average Daily Rate (USD), 2021 - 2026
Figure-33: Tokyo - Hotel Revenue per Available Room (RevPAR) (USD), 2018 - 2020
Figure-34: Tokyo - Forecast for Hotel Revenue per Available Room (RevPAR) (USD), 2021 - 2026
Figure-35: Tokyo - Hotel Occupancy Rate Percent (%), 2018 - 2020
Figure-36: Tokyo - Forecast for Hotel Occupancy Rate Percent (%), 2021 - 2026
Figure-37: Kyoto - Hotel Room (In Number), 2018 - 2020
Figure-38: Kyoto - Forecast for Hotel Room (In Number), 2021 - 2026
Figure-39: Kyoto - Room Average Daily Rate (USD Million), 2018 - 2020
Figure-40: Kyoto - Forecast for Hotel Room Average Daily Rate (USD Million), 2021 - 2026
Figure-41: Kyoto - Hotel Revenue per Available Room (USD ), 2015 - 2018
Figure-42: Kyoto - Forecast for Hotel Revenue per Available Room (USD), 2021 - 2026
Figure-43: Kyoto - Hotel Occupancy Rate Percent (%), 2018 - 2020
Figure-44: Kyoto - Forecast for Hotel Occupancy Rate Percent (%), 2021 - 2026
Figure-45: Osaka - Hotel Room (In Number), 2018 - 2020
Figure-46: Osaka - Forecast for Hotel Room (In Number), 2021 - 2026
Figure-47: Osaka - Hotel Room Average Daily Rate (USD), 2018 - 2020
Figure-48: Medina - Forecast for Hotel Room Average Daily Rate (USD), 2021 - 2026
Figure-49: Osaka - Hotel Revenue Per Available Room (RevPAR), 2018 - 2020
Figure-50: Osaka - Forecast for Hotel Revenue Per Available Room (RevPAR), 2021 - 2026
Figure-51: Osaka - Hotel Occupancy Rate Percent (%), 2018 - 2020
Figure-52: Osaka - Forecast for Occupancy Rate Percent (%), 2021 - 2026
Figure-53: Sapporo - Hotel Room (In Number), 2018 - 2020
Figure-54: Sapporo - Forecast for Hotel Room (In Number), 2021 - 2026
Figure-55: Sapporo - Hotel Room Average Daily Rate (USD Million), 2018 - 2020
Figure-56: Sapporo - Forecast for Room Average Daily Rate (USD Million), 2021 - 2026
Figure-57: Sapporo - Hotel Revenue per Available Room (USD ), 2018 - 2020
Figure-58: Sapporo - Forecast for Hotel Revenue per Available Room (USD ), 2021 - 2026
Figure-59: Sapporo - Occupancy Rate Percent (%), 2018 - 2020
Figure-60: Sapporo - Forecast for Occupancy Rate Percent (%), 2021 - 2026
Figure-61: Fukuaka - Hotel Room (In Number), 2018 - 2020
Figure-62: Fukuaka - Forecast for Hotel Room (In Number), 2021 - 2026
Figure-63: Fukuaka - Hotel Room Average Daily Rate (USD ), 2018 - 2020
Figure-64: Fukuaka - Forecast for Room Average Daily Rate (USD), 2021 - 2026
Figure-65: Fukuaka - Hotel Revenue per Available Room (USD ), 2018 - 2020
Figure-66: Fukuaka - Forecast for Hotel Revenue per Available Room (USD ), 2021 - 2026
Figure-67: Fukuaka - Occupancy Rate Percent (%), 2018 - 2020
Figure-68: Fukuaka - Forecast for Occupancy Rate Percent (%), 2021 - 2026
Figure-69: Nagoya - Hotel Room (In Number), 2018 - 2020
Figure-70: Nagoya - Forecast for Hotel Room (In Number), 2021 - 2026
Figure-71: Nagoya - Hotel Room Average Daily Rate (USD Million), 2018 - 2020
Figure-72: Nagoya - Forecast for Room Average Daily Rate (USD Million), 2021 - 2026
Figure-73: Nagoya - Hotel Revenue per Available Room (USD Million), 2018 - 2020
Figure-74: Nagoya - Forecast for Hotel Revenue per Available Room (USD Million), 2021 - 2026
Figure-75: Nagoya - Occupancy Rate Percent (%), 2018 - 2020
Figure-76: Nagoya - Forecast for Occupancy Rate Percent (%), 2021 - 2026
Figure-77: Hiroshima - Hotel Room (In Number), 2018 - 2020
Figure-78: Hiroshima - Forecast for Hotel Room (In Number), 2021 - 2026
Figure-79: Hiroshima - Hotel Room Average Daily Rate (USD), 2018 - 2020
Figure-80: Hiroshima - Forecast for Room Average Daily Rate (USD), 2021 - 2026
Figure-81: Hiroshima - Hotel Revenue per Available Room (USD ), 2018 - 2020
Figure-82: Hiroshima - Forecast for Hotel Revenue per Available Room (USD), 2021 - 2026
Figure-83: Hiroshima - Occupancy Rate Percent (%), 2018 - 2020
Figure-84: Hiroshima - Forecast for Occupancy Rate Percent (%), 2021 - 2026
Figure-85: Naha - Hotel Room (In Number), 2018 - 2020
Figure-86: Naha - Forecast for Hotel Room (In Number), 2021 - 2026
Figure-87: Naha - Hotel Room Average Daily Rate (USD), 2018 - 2020
Figure-88: Naha - Forecast for Room Average Daily Rate (USD), 2021 - 2026
Figure-89: Naha - Hotel Revenue per Available Room (USD ), 2018 - 2020
Figure-90: Naha - Forecast for Hotel Revenue per Available Room (USD ), 2021 - 2026
Figure-91: Naha - Occupancy Rate Percent (%), 2018 - 2020
Figure-92: Naha - Forecast for Occupancy Rate Percent (%), 2021 - 2026
Figure-93: Sendai - Hotel Room (In Number), 2018 - 2020
Figure-94: Sendai - Forecast for Hotel Room (In Number), 2021 - 2026
Figure-95: Sendi - Hotel Room Average Daily Rate (USD), 2018 - 2020
Figure-96: Sendai - Forecast for Room Average Daily Rate (USD ), 2021 - 2026
Figure-97: Sendai - Hotel Revenue per Available Room (USD), 2018 - 2020
Figure-98: Sendai - Forecast for Hotel Revenue per Available Room (USD), 2021 - 2026
Figure-99: Sendai - Occupancy Rate Percent (%), 2018 - 2020
Figure-100: Sendai - Forecast for Occupancy Rate Percent (%), 2021 - 2026
Figure-101: Japan - Night Spend Volume ( Million Room Nights ), 2016 - 2020
Figure-102: Japan - Forecast for Night Spend Volume (Million Room Nights ), 2021 - 2026
Figure-103: Japan - Foreign Tourists Arrivals Market (Billion US$), 2016 - 2020
Figure-104: Japan - Forecast for Tourists Arrivals Market (Billion US$), 2021 - 2026
Figure-105: Japan - Tourists Arrivals Volume (Million), 2016 - 2020
Figure-106: Japan - Forecast for Tourists Arrivals Volume (Million), 2021 - 2026
Figure-107: Japan - Domestic Tourists Arrivals Market (Billion US$), 2016 - 2020
Figure-108: Japan - Forecast for Domestic Tourists Arrivals Market (Billion US$), 2021 - 2026
Figure-109: Japan - Domestic Tourists Arrivals Volume (Million), 2016 - 2020
Figure-110: Japan - Forecast for Domestic Tourists Arrivals Volume (Million), 2021 - 2026
Figure-111: Japan - By Purpose Tourism and Leisure Market ( Million US$), 2016 - 2020
Figure-112: Japan - Forecast for by Purpose Tourism and Leisure Market ( Million US$), 2021 - 2026
Figure-113: Japan - By Purpose Tourism and Leisure Volume ( Million), 2016 - 2020
Figure-114: Japan - Forecast for by Purpose Tourism and Leisure Volume ( Thousand), 2021 - 2026
Figure-115: Japan - By Purpose Foreign Business Tourist Market ( Billion US$), 2016 - 2020
Figure-116: Japan - Forecast for By purpose Foreign Business tourist market ( Billion US$), 2021 - 2026
Figure-117: Japan - By purpose Foreign Business tourist Volume ( Million ), 2016 - 2020
Figure-118: Japan - Forecast for by purpose Foreign Business tourist Volume ( Million ), 2021 - 2026
Figure-119: Japan - By purpose Foreign Other tourist Market ( Million), 2016 - 2020
Figure-120: Japan - Forecast for by purpose Foreign Other tourist Market ( Million), 2021 - 2026
Figure-121: Japan - By purpose Foreign Other tourist Volume (Million), 2016 - 2020
Figure-122: Japan - Forecast for by purpose Foreign Other tourist Volume ( Million), 2021 - 2026
Figure-123: Marriot International Revenue (US$ Billion), 2016 - 2020
Figure-124: Forecast for Marriot International Revenue (US$ Billion), 2021 - 2026
Figure-125: Tokyu Hotels Company Revenue (USD Billion), 2016 - 2020
Figure-126: Forecast for Tokyu Hotels Company Revenue (USD Billion), 2021 - 2026
Figure-127: JR Hotel Group Revenue (USD Billion), 2016 - 2020
Figure-128: Forecast for JR Hotel Group Revenue (USD Billion), 2021 - 2026
Figure-129: Kintetsu Group Holdings Co. Ltd. (USD Million), 2016 - 2020
Figure-130: Forecast for Kintetsu Group Holdings Co. Ltd. Revenue (USD Million), 2021 - 2026
Figure-131: Hoshino Resorts REIT Inc Revenue (USD Million), 2016 - 2020
Figure-132: Forecast for JR Hoshino Resorts REIT Inc Revenue (USD Million), 2021 - 2026

List of Tables:
Table-01: Japan - Hotel Market Type Share Analysis (Percent), 2016 - 2020
Table-02: Japan - Forecast For Hotel Market Type Share Analysis (Percent), 2021 - 2026
Table-03: Japan - Hotel Volume Type Share Analysis (Percent), 2016 - 2020
Table-04: Japan - Forecast For Hotel Volume Type Share Analysis (Percent), 2021 - 2026
Table-05: Rank Chain Groups Hotels Rooms, 2018
Table-06: Rank Chain Brands Hotels Rooms, 2018
Table-07: Domestic Chain Groups Hotels Rooms, 2018
Table-08: Domestic Chain Brands Hotels Rooms, 2018
Table-09: International Chain Groups Hotels Rooms, 2018
Table-10: International Chain Brands Hotels Rooms, 2018
Table-11: Japan - Breakdown of the Length of Stay - Overall (Percent), 2019
Table-12: Japan - Breakdown of the Length of Stay - Business (Percent), 2019
Table-13: Japan - Breakdown of the Length of Stay - Sightseeing and Leisure (Percent), 2019
Table-14: International Visitors Tourist Expenditure in Japan by Country (2019)
Note: Product cover images may vary from those shown
  • Marriott International, Inc
  • Tokyu Corporation
  • Jr Hotel Group
  • Kintetsu Group Holdings Co., Ltd.
  • Hoshino Resorts REIT Inc.
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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