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Bike Sharing Market by Bike Type, and Sharing System: Global Opportunity Analysis and Industry Forecast, 2020-2027

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    Report

  • 197 Pages
  • May 2021
  • Region: Global
  • Allied Market Research
  • ID: 5394272
Description Jump to:
Bike sharing is referred to a bike rental service for short to medium distance commuting for a price or free. It is available at on-street docked or dock-less stations, which allow commuter to borrow a bike and return it at another same station. Most large-scale urban bike sharing programs have numerous bike check-out stations, and operate much like public transit systems, catering to tourists and visitors as well as local residents. Bike sharing systems have also been cited as a way to solve the last mile problem of public transit networks. These services are an innovative solution to the urban mobility challenges and are an effective way of promoting urban cycling and contributing to a more sustainable and environmentally friendly mobility.

The factors such as rise in venture capital investments and increase in inclusion of e-bikes in the sharing fleet are anticipated to drive the market growth. However, high initial investment cost and rise in bike vandalism & theft are expected to hinder the market growth. Further, technological advancements in bike sharing system and increase in government initiatives for the development of bike-sharing infrastructure are some of the factors expected to offer lucrative opportunities for the market growth during the forecast period.

The market is segmented on the basis of bike type, sharing system, and region. By bike type, it is bifurcated into traditional/convectional and e-bike. By sharing system, it is divided into docked and dock-less. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the bike sharing market are Anywheel Pte. Ltd, Beijing Xiaoju Technology Co, Ltd., Bird Rides, Inc, BIXI Montreal, Bond Mobility (Europe) AG, JCDecaux, Lime, LYft, Inc., Mobike, Nextbike GmbH, SG Bike Pte Ltd, Spin, Tembici, Uber Technologies Inc. and Youon Technology Co., Ltd.

COVID-19 Impact Analysis


The rapid spreading of coronavirus pandemic has brought unprecedented challenges and threats to the normal life of human beings and global public health. Due to high infectivity and destructiveness of COVID-19, and the suddenness of its outbreak, the government authorities across the world have taken strong measures, such as national-wide lockdown and isolation of people at high-risk areas, to stop the spread of this new disease. This has caused huge impacts on global economy, owing to the total lockdown and temporarily shutdown of industries across the world. Whereas, the health crisis due to COVID-19 has had a significant impact on the bike sharing market growth. However, stay-at-home orders and limited business operations in countries across the world has resulted in decrease in demand for shared bikes in first quarter of 2020. Although, owing to the COVID-19 pandemic, commuters are mostly avoiding the use of public transportation and shared bikes are considered as safe, convenient, and affordable alternative to public transportation.

Key Benefits for Stakeholders

  • This study presents analytical depiction of the global bike sharing market analysis along with current trends and future estimations to depict imminent investment pockets.
  • The overall global bike sharing market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global bike sharing market with a detailed impact analysis.
  • The current global bike sharing market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

KEY MARKET SEGMENTS


By Bike Type

  • Traditional/Convectional
  • E-Bikes

By Sharing System

  • Docked
  • Dock-less

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS

  • Anywheel Pte. Ltd
  • Beijing Xiaoju Technology Co, Ltd.
  • Bird Rides, Inc
  • BIXI Montreal
  • Bond Mobility (Europe) AG
  • JCDecaux
  • Lime
  • LYft, Inc.
  • Mobike
  • Nextbike GmbH
  • SG Bike Pte Ltd
  • Spin
  • Tembici
  • Uber Technologies Inc.
  • Youon Technology Co., Ltd.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porter’s five forces analysis
3.4. Market share analysis (2020)
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Rise in venture capital and strategic investments
3.5.1.2. Increasing inclusion of e-bikes in the sharing fleet
3.5.2. Restraints
3.5.2.1. High initial investment cost
3.5.2.2. Rise in bike vandalism & theft
3.5.3. Opportunities
3.5.3.1. Technological advancement in bike sharing system
3.5.3.2. Increasing government initiatives for the development of bike-sharing infrastructure
3.6. Impact of COVID-19 on market
3.6.1. Evolution of outbreaks
3.6.1.1. COVID-19
3.6.2. Micro economic Impact analysis
3.6.2.1. Consumer trends
3.6.2.2. Technology trends
3.6.2.3. Regulatory trends
3.6.3. Macro-economic Impact analysis
3.6.3.1. GDP
3.6.3.2. Import/Export Analysis
3.6.3.3. Employment Index
3.6.4. Impact on bike sharing industry analysis
CHAPTER 4: BIKE SHARING MARKET, BY BIKE TYPE
4.1. Overview
4.2. Traditional/Convectional Bikes
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. E-Bikes
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
CHAPTER 5: BIKE SHARING MARKET, BY SHARING SYSTEM
5.1. Overview
5.2. Docked
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Dock-less
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
CHAPTER 6: BIKE SHARING MARKET, BY REGION
6.1. Overview
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by bike type
6.2.3. Market size and forecast, by sharing system
6.2.4. Market size and forecast, by country
6.2.4.1. U. S.
6.2.4.1.1. Market size and forecast, by bike type
6.2.4.1.2. Market size and forecast, by sharing system
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by bike type
6.2.4.2.2. Market size and forecast, by service type
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by bike type
6.2.4.3.2. Market size and forecast, by sharing system
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by bike type
6.3.3. Market size and forecast, by sharing system
6.3.4. Market size and forecast, by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by bike type
6.3.4.1.2. Market size and forecast, by sharing system
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by bike type
6.3.4.2.2. Market size and forecast, by service type
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by bike type
6.3.4.3.2. Market size and forecast, by sharing system
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by bike type
6.3.4.4.2. Market size and forecast, by service type
6.3.4.5. Rest of Europe
6.3.4.5.1. Market size and forecast, by bike type
6.3.4.5.2. Market size and forecast, by sharing system
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by bike type
6.4.3. Market size and forecast, by sharing system
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by bike type
6.4.4.1.2. Market size and forecast, by sharing system
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by bike type
6.4.4.2.2. Market size and forecast, by service type
6.4.4.3. India
6.4.4.3.1. Market size and forecast, by bike type
6.4.4.3.2. Market size and forecast, by sharing system
6.4.4.4. South Korea
6.4.4.4.1. Market size and forecast, by bike type
6.4.4.4.2. Market size and forecast, by service type
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast, by bike type
6.4.4.5.2. Market size and forecast, by sharing system
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by bike type
6.5.3. Market size and forecast, by sharing system
6.5.4. Market size and forecast, by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by bike type
6.5.4.1.2. Market size and forecast, by sharing system
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by bike type
6.5.4.2.2. Market size and forecast, by service type
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by bike type
6.5.4.3.2. Market size and forecast, by sharing system
CHAPTER 7: COMPANY PROFILES
7.1. Anywheel Pte. Ltd.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.1.4. Key strategic moves and developments
7.2. Beijing Xiaoju Technology Co, Ltd.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Product portfolio
7.2.4. Key strategic moves and developments
7.3. Bird Rides, Inc
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Product portfolio
7.3.4. Key strategic moves and developments
7.4. BIXI Montreal
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Product portfolio
7.4.4. Key strategic moves and developments
7.5. Bond Mobility (Europe) AG
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Product portfolio
7.5.4. Key strategic moves and developments
7.6. JCDecaux
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.7. Lime
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Product portfolio
7.7.4. Key strategic moves and developments
7.8. LYft, Inc.
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. Mobike
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio
7.9.4. Key strategic moves and developments
7.10. Nextbike GmbH
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio
7.10.4. Key strategic moves and developments
7.11. SG Bike Pte Ltd
7.11.1. Company overview
7.11.2. Company snapshot
7.11.3. Product portfolio
7.11.4. Key strategic moves and developments
7.12. Spin
7.12.1. Company overview
7.12.2. Company snapshot
7.12.3. Product portfolio
7.12.4. Key strategic moves and developments
7.13. Tembici
7.13.1. Company overview
7.13.2. Company snapshot
7.13.3. Product portfolio
7.13.4. Key strategic moves and developments
7.14. Uber Technologies Inc.
7.14.1. Company overview
7.14.2. Company snapshot
7.14.3. Operating business segments
7.14.4. Product portfolio
7.14.5. Business performance
7.14.6. Key strategic moves and developments
7.15. Youon Technology Co., Ltd.
7.15.1. Company overview
7.15.2. Company snapshot
7.15.3. Product portfolio
7.15.4. Key strategic moves and developments
List of Tables
Table 01. Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 02. Bike Sharing Market for Traditional/Convictional Bikes, by Region 2019-2027 ($Million)
Table 03. Bike Sharing Market for E-Bikes, by Region 2019-2027 ($Million)
Table 04. Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 05. Bike Sharing Market for Docked, by Region 2019-2027 ($Million)
Table 06. Bike Sharing Market for Dock-Less, by Region 2019-2027 ($Million)
Table 07. Bike Sharing Market, by Region 2019-2027 ($Million)
Table 08. North America Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 09. North America Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 10. U.S. Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 11. U.S. Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 12. Canada Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 13. Canada Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 14. Mexico Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 15. Mexico Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 16. Europe Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 17. Europe Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 18. UK Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 19. UK Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 20. Germany Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 21. Germany Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 22. France Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 23. France Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 24. Italy Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 25. Italy Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 26. Rest of Europe Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 27. Rest of Europe Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 28. Asia-Pacific Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 29. Asia-Pacific Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 30. China Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 31. China Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 32. Japan Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 33. Japan Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 34. India Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 35. India Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 36. South Korea Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 37. South Korea Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 38. Rest of Asia-Pacific Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 39. Rest of Asia-Pacific Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 40. LAMEA Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 41. LAMEA Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 42. Latin America Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 43. Latin America Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 44. Middle East Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 45. Middle East Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 46. Africa Bike Sharing Market, by Bike Type, 2019-2027 ($Million)
Table 47. Africa Bike Sharing Market, by Sharing System, 2019-2027 ($Million)
Table 48. Anywheel Pte. Ltd.: Company Snapshot
Table 49. Anywheel Pte. Ltd.: Product Portfolio
Table 50. Anywheel Pte. Ltd.: Key Strategic Moves and Developments
Table 51. Beijing Xiaoju Technology Co, Ltd.: Company Snapshot
Table 52. Beijing Xiaoju Technology Co, Ltd.: Product Portfolio
Table 53. Beijing Xiaoju Technology Co, Ltd.: Key Strategic Moves and Developments
Table 54. Bird Ride, Inc: Company Snapshot
Table 55. Bird Ride, Inc: Product Portfolio
Table 56. Bird Ride, Inc: Key Strategic Moves and Developments
Table 57. Bixi Montreal: Company Snapshot
Table 58. Bixi Montreal: Product Portfolio
Table 59. Bixi Montreal: Key Strategic Moves and Developments
Table 60. Bond Mobility (Europe) Ag: Company Snapshot
Table 61. Bond Mobility (Europe) Ag: Product Portfolio
Table 62. Bond Mobility (Europe) Ag: Key Strategic Moves and Developments
Table 63. Jcdecaux: Company Snapshot
Table 64. Jcdecaux: Operating Segments
Table 65. Jcdecaux: Product Portfolio
Table 66. Lime: Company Snapshot
Table 67. Lime: Product Portfolio
Table 68. Lime: Key Strategic Moves and Developments
Table 69. Lyft, Inc.: Company Snapshot
Table 70. Lyft, Inc.: Operating Segments
Table 71. Lyft, Inc.: Product Portfolio
Table 72. Lyft, Inc.: Key Strategic Moves and Developments
Table 73. Mobike: Company Snapshot
Table 74. Mobike: Product Portfolio
Table 75. Mobike: Key Strategic Moves and Developments
Table 76. Nextbike GmbH: Company Snapshot
Table 77. Nextbike GmbH: Product Portfolio
Table 78. Nextbike GmbH: Key Strategic Moves and Developments
Table 79. Sg Bike Pte Ltd: Company Snapshot
Table 80. Sg Bike Pte Ltd: Product Portfolio
Table 81. Sg Bike Pte Ltd: Key Strategic Moves and Developments
Table 82. Spin: Company Snapshot
Table 83. Spin: Product Portfolio
Table 84. Spin: Key Strategic Moves and Developments
Table 85. Tembici: Company Snapshot
Table 86. Tembici: Product Portfolio
Table 87. Tembici: Key Strategic Moves and Developments
Table 88. Uber Technologies Inc: Company Snapshot
Table 89. Uber Technologies Inc: Operating Segments
Table 90. Uber Technologies Inc: Product Portfolio
Table 91. Uber Technologies Inc: Key Strategic Moves and Developments
Table 92. Youon Technology Co., Ltd.: Company Snapshot
Table 93. Youon Technology Co., Ltd.: Product Portfolio
Table 94. Youon Technology Co., Ltd.: Key Strategic Moves and Developments
List of Figures
Figure 01. Key Market Segments
Figure 02. Executive Summary
Figure 03. Executive Summary
Figure 04. Top Impacting Factors
Figure 05. Top Investment Pockets
Figure 06. Top Winning Strategies, by Year, 2017-2021*
Figure 07. Top Winning Strategies, by Year, 2017-2021*
Figure 08. Top Winning Strategies, by Company, 2017-2021*
Figure 09. Low-To-Moderate Bargaining Power of Suppliers
Figure 10. Moderate-To-High Threat of New Entrants
Figure 11. Low-To-Moderate Threat of Substitutes
Figure 12. Low-To-Moderate Intensity of Rivalry
Figure 13. Low-To-Moderate Bargaining Power of Buyers
Figure 14. Market Share Analysis (2020)
Figure 15. Bike Sharing Market Share, by Booking Type, 2019-2027 (%)
Figure 16. Comparative Share Analysis of Bike Sharing Market for Traditional/Convictional Bikes, by Country, 2019 & 2027 (%)
Figure 17. Comparative Share Analysis of Bike Sharing Market for E-Bikes, by Country, 2019 & 2027 (%)
Figure 18. Bike Sharing Market Share, by Service Type, 2019-2027 (%)
Figure 19. Comparative Share Analysis of Bike Sharing Market for Docked, by Country, 2019 & 2027 (%)
Figure 20. Comparative Share Analysis of Bike Sharing Market for Dock-Less, by Country, 2019 & 2027 (%)
Figure 21. Bike Sharing Market, by Region, 2019-2027 (%)
Figure 22. Comparative Share Analysis of Bike Sharing Market, by Country, 2019-2027 (%)
Figure 23. U.S. Bike Sharing Market, 2019-2027 ($Million)
Figure 24. Canada Bike Sharing Market, 2019-2027 ($Million)
Figure 25. Mexico Bike Sharing Market, 2019-2027 ($Million)
Figure 26. Comparative Share Analysis of Bike Sharing Market, by Country, 2019-2027 (%)
Figure 27. UK Bike Sharing Market, 2019-2027 ($Million)
Figure 28. Germany Bike Sharing Market, 2019-2027 ($Million)
Figure 29. France Bike Sharing Market, 2019-2027 ($Million)
Figure 30. Italy Bike Sharing Market, 2019-2027 ($Million)
Figure 31. Rest of Europe Bike Sharing Market, 2019-2027 ($Million)
Figure 32. Comparative Share Analysis of Bike Sharing Market, by Country, 2019-2027 (%)
Figure 33. China Bike Sharing Market, 2019-2027 ($Million)
Figure 34. Japan Bike Sharing Market, 2019-2027 ($Million)
Figure 35. India Bike Sharing Market, 2019-2027 ($Million)
Figure 36. South Korea Bike Sharing Market, 2019-2027 ($Million)
Figure 37. Rest of Asia-Pacific Bike Sharing Market, 2019-2027 ($Million)
Figure 38. Comparative Share Analysis of Bike Sharing Market, by Country, 2019-2027 (%)
Figure 39. Latin America Bike Sharing Market, 2019-2027 ($Million)
Figure 40. Middle East Bike Sharing Market, 2019-2027 ($Million)
Figure 41. Africa Bike Sharing Market, 2019-2027 ($Million)
Figure 42. Jcdecaux: Net Sales, 2018-2020 ($Million)
Figure 43. Jcdecaux: Net Sales Share by Segment, 2020 (%)
Figure 44. Jcdecaux: Net Sales Share by Region, 2020 (%)
Figure 45. Lyft, Inc.: Net Sales, 2018-2020 ($Million)
Figure 46. Uber Technologies Inc: Net Sales, 2018-2020 ($Million)
Figure 47. Uber Technologies Inc: Net Sales Share by Segment, 2020 (%)
Figure 48. Uber Technologies Inc: Sales Share by Region, 2020 (%)

Companies Mentioned

  • Anywheel Pte. Ltd
  • Beijing Xiaoju Technology Co Ltd.
  • Bird Rides Inc
  • BIXI Montreal
  • Bond Mobility (Europe) AG
  • JCDecaux
  • Lime
  • LYft Inc.
  • Mobike
  • Nextbike GmbH
  • SG Bike Pte Ltd
  • Spin
  • Tembici
  • Uber Technologies Inc.
  • Youon Technology Co. Ltd

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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