image

Law Enforcement Software Market Report Scope & Overview:

The Law Enforcement Software Market size was USD 15.2 billion in 2022 and is expected to Reach USD 31.1 billion by 2030 and grow at a CAGR of 9.4 % over the forecast period of 2023-2030.

Law enforcement software is a type of software that is used by law enforcement agencies to help them improve their operations. It can be used for a variety of purposes CAD software is used to manage calls for service, dispatch officers, and track the status of incidents. The segment that dominates the law enforcement software market with a share of over 73% in 2022. This growth is being driven by the increasing demand for digital solutions for law enforcement, rising crime rates, and the growing need for data analytics and intelligence. This is because software solutions are the most common type of law enforcement software. They are used for a variety of purposes, such as CAD, case management, records management, and intelligence analysis.  Software solutions are more flexible and scalable than hardware solutions. This makes them more adaptable to the changing needs of law enforcement agencies. Software solutions can be accessed from anywhere with an internet connection. This makes them more convenient for law enforcement officers who are often on the move. Other segments of the law enforcement software market include Hardware, Services, Consulting.

Law Enforcement Software Market Revenue Analysis

To Get More Information on Law Enforcement Software Market - Request Sample Report

MARKET DYNAMICS

KEY DRIVERS

  • Increasing demand for digital solutions for law enforcement

  • Growing need for data analytics and intelligence

  • Law enforcement agencies are increasingly looking to digital solutions to help them improve their operations. This is due to the many benefits that digital solutions can offer, such as increased efficiency, improved communication, and better decision-making.

RESTRAIN

  • Privacy and security concerns

There are also privacy and security concerns associated with law enforcement software. Law enforcement agencies need to ensure that they are using these technologies in a way that protects the privacy of individuals and their data.

OPPORTUNITY

  • Rising demand for public safety

  • Growing urbanization and industrialization

There is a growing demand for public safety in many parts of the world. This is due to a number of factors, such as terrorism, natural disasters, and mass shootings. Law enforcement software can help law enforcement agencies improve their ability to respond to these threats.

CHALLENGES

  • Compliance with regulations

  • Many law enforcement agencies have legacy systems that are not compatible with new technologies. This can be a challenge for the law enforcement software market.

Law enforcement agencies need to comply with a variety of regulations, such as those related to privacy and data protection. This can be a challenge for the law enforcement software market, as it can be difficult to ensure that these technologies are compliant with all applicable regulations.

IMPACT OF RUSSIA-UKRAINE WAR

The war has led to an increased demand for law enforcement software, as law enforcement agencies in both Russia and Ukraine need to improve their operations to combat crime and terrorism. The war has raised security concerns about the use of law enforcement software, as there is a risk that this software could be hacked or used for malicious purposes. This has led to increased investment in security features for law enforcement software. In May 2023, Oracle is a provider of enterprise software, including law enforcement software. The company has not been as directly affected by the war as some other providers, but it is still facing challenges, such as increased security concerns. Oracle announced that it would be suspending all sales of its law enforcement software to Russia. In April 2023, IBM announced that it would be providing free security upgrades to its law enforcement software customers in Russia and Ukraine.

IMPACT OF ONGOING RECESSION

The ongoing recession is expected to have a negative impact on the law enforcement software market. This is because law enforcement agencies are likely to have to cut their budgets, which could lead to delays or cancellations of software purchases. Additionally, the recession could make it more difficult for law enforcement agencies to attract and retain qualified personnel, which could also impact the adoption of new software. Accenture is a global consulting firm that provides a variety of services to law enforcement agencies, including software development and implementation. The company's revenue from its law enforcement business is expected to decline by 5% in 2023. In January 2023, Motorola Solutions announced that it would lay off 2,000 employees, or 5% of its workforce. The layoffs were attributed to the company's declining revenue from its law enforcement business. If crime rates increase during the recession, law enforcement agencies may be more likely to invest in new software to help them fight crime. The development of new technologies, such as artificial intelligence and machine learning, could create new opportunities for the law enforcement software market.

KEY MARKET SEGMENTATION

By Offering

  • Software

  • Service

By Solution

  • Computer-aided Dispatch

  • Record Management

  • Jail Management

  • Incident Response

  • Digital Policing

By Deployment Model

  • On-premise

  • Cloud

Law Enforcement Software Market Segmentation Analysis

Do You Need any Customization Research on Law Enforcement Software Market - Enquire Now

Region Coverage:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSIS

The law enforcement software market size was dominated by North America in 2021 and is expected to retain its position during the forecast period, this is due to the high adoption of advanced technologies in law enforcement in the region, as well as the large number of law enforcement agencies in the United States. The United States is the largest market in North America, followed by Canada. owing to the presence of major players that offer advanced solutions and invest heavily in solutions such as AI and ML technologies.

The Asia Pacific law enforcement software market is the second largest in the world and is expected to grow at the fastest rate during the forecast period. This is due to the increasing adoption of digital solutions in law enforcement in the region, as well as the growing number of law enforcement agencies in countries such as China, India, and Japan. Asia-Pacific is expected to witness significant growth during the Law Enforcement Software Market Forecast period. Growth in awareness regarding the importance of adopting law enforcement software and a rise in a number of cybercrimes are anticipated to boost the law enforcement software market. The key drivers of growth in the Asia Pacific law enforcement software market are Growing crime rates, Rising demand for public safety.

KEY PLAYERS

The major players in the Law Enforcement Software Market are Accenture, ALEN Inc., CAPERS Software, CODY Systems, Column Case Management, Cyrun, eForce, Esri, Guardian Alliance Technologies, Hexagon AB, Palantir Technologies, Axon and other players.

Accenture-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENTS

Palantir Technologies:

In April 20, 2023, Palantir Technologies announced that it had acquired Neurala, a company that develops artificial intelligence software for law enforcement. The acquisition will allow Palantir to expand its offerings in the law enforcement market, particularly in the areas of facial recognition and predictive policing.

Axon:

In March 8, 2023, Axon announced that it would acquire Evidence.com, a cloud-based evidence management platform, for $400 million. The acquisition will allow Axon to offer a more comprehensive solution for law enforcement agencies, from body-worn cameras to evidence management.

Law Enforcement Software Market Report Scope:

Report Attributes Details
Market Size in 2022  US$ 15.2 Billion
Market Size by 2030  US$ 31.1 Billion
CAGR   CAGR of 9.4% From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Offering (Software, Service)
• By Solution (Computer-aided Dispatch, Record Management, Jail Management, Incident Response, Digital Policing)
• By Deployment Model (On-premise, Cloud)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Accenture, ALEN Inc., CAPERS Software, CODY Systems, Column Case Management, Cyrun, eForce, Esri, Guardian Alliance Technologies, Hexagon AB, Palantir Technologies, Axon 
Key Drivers • Increasing demand for digital solutions for law enforcement
• Growing need for data analytics and intelligence
Market Challenges • Compliance with regulations
• Many law enforcement agencies have legacy systems that are not compatible with new technologies. This can be a challenge for the law enforcement software market.

 

Frequently Asked Questions

Ans. The Compound Annual Growth rate for Law Enforcement Software Market over the forecast period is 9.4 %.

Ans. USD 31.1 Billion is the Company's projected Law Enforcement Software Market size by 2030

Ans: Some of the major law enforcement software market vendors are Accenture, ALEN Inc., CAPERS Software, CODY Systems, Column Case Management, Cyrun, eForce, Esri, Guardian Alliance Technologies, Hexagon AB, Palantir Technologies, Axon and more.

Ans. Law enforcement software provides seamlessly integrated case management capabilities and helps manage cases in a single, unified, intelligence, and investigations platform. Agents in the field can send investigative findings and data to their respective headquarters and access all data sources through their mobile devices.

Ans. The increasing demand for effective correspondence law enforcement, increasing smart city initiatives, increasing adoption of AI and IoT for public safety, and growing adoption of cloud-based solutions in SMEs are some of the factors driving the growth of the law enforcement software market.

TABLE OF CONTENTS

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Recession
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Law Enforcement Software Market, By Offering
8.1 Software
8.2 Service

9. Law Enforcement Software Market By Solution
9.1 Computer-aided Dispatch
9.2 Record Management
9.3 Jail Management
9.4 Incident Response
9.5 Digital Policing

10. Law Enforcement Software Market, By Deployment Model
10.1 On-premise
10.2 Cloud

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Law Enforcement Software Market by country
11.2.2 North America Law Enforcement Software Market by Offering
11.2.3 North America Law Enforcement Software Market by Solution
11.2.4 North America Law Enforcement Software Market by Deployment Model
11.2.5 USA
11.2.5.1 USA Law Enforcement Software Market by Offering
11.2.5.2 USA Law Enforcement Software Market by Solution
11.2.5.3 USA Law Enforcement Software Market by Deployment Model
11.2.6 Canada
11.2.6.1 Canada Law Enforcement Software Market by Offering
11.2.6.2 Canada Law Enforcement Software Market by Solution
11.2.6.3 Canada Law Enforcement Software Market by Deployment Model
11.2.7 Mexico
11.2.7.1 Mexico Law Enforcement Software Market by Offering
11.2.7.2 Mexico Law Enforcement Software Market by Solution
11.2.7.3 Mexico Law Enforcement Software Market by Deployment Model
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Law Enforcement Software Market by country
11.3.1.2 Eastern Europe Law Enforcement Software Market by Offering
11.3.1.3 Eastern Europe Law Enforcement Software Market by Solution
11.3.1.4 Eastern Europe Law Enforcement Software Market by Deployment Model
11.3.1.5 Poland
11.3.1.5.1 Poland Law Enforcement Software Market by Offering
11.3.1.5.2 Poland Law Enforcement Software Market by Solution
11.3.1.5.3 Poland Law Enforcement Software Market by Deployment Model
11.3.1.6 Romania
11.3.1.6.1 Romania Law Enforcement Software Market by Offering
11.3.1.6.2 Romania Law Enforcement Software Market by Solution
11.3.1.6.4 Romania Law Enforcement Software Market by Deployment Model
11.3.1.7 Turkey
11.3.1.7.1 Turkey Law Enforcement Software Market by Offering
11.3.1.7.2 Turkey Law Enforcement Software Market by Solution
11.3.1.7.3 Turkey Law Enforcement Software Market by Deployment Model
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Law Enforcement Software Market by Offering
11.3.1.8.2 Rest of Eastern Europe Law Enforcement Software Market by Solution
11.3.1.8.3 Rest of Eastern Europe Law Enforcement Software Market by Deployment Model
11.3.2 Western Europe
11.3.2.1 Western Europe Law Enforcement Software Market by Offering
11.3.2.2 Western Europe Law Enforcement Software Market by Solution
11.3.2.3 Western Europe Law Enforcement Software Market by Deployment Model
11.3.2.4 Germany
11.3.2.4.1 Germany Law Enforcement Software Market by Offering
11.3.2.4.2 Germany Law Enforcement Software Market by Solution
11.3.2.4.3 Germany Law Enforcement Software Market by Deployment Model
11.3.2.5 France
11.3.2.5.1 France Law Enforcement Software Market by Offering
11.3.2.5.2 France Law Enforcement Software Market by Solution
11.3.2.5.3 France Law Enforcement Software Market by Deployment Model
11.3.2.6 UK
11.3.2.6.1 UK Law Enforcement Software Market by Offering
11.3.2.6.2 UK Law Enforcement Software Market by Solution
11.3.2.6.3 UK Law Enforcement Software Market by Deployment Model
11.3.2.7 Italy
11.3.2.7.1 Italy Law Enforcement Software Market by Offering
11.3.2.7.2 Italy Law Enforcement Software Market by Solution
11.3.2.7.3 Italy Law Enforcement Software Market by Deployment Model
11.3.2.8 Spain
11.3.2.8.1 Spain Law Enforcement Software Market by Offering
11.3.2.8.2 Spain Law Enforcement Software Market by Solution
11.3.2.8.3 Spain Law Enforcement Software Market by Deployment Model
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Law Enforcement Software Market by Offering
11.3.2.9.2 Netherlands Law Enforcement Software Market by Solution
11.3.2.9.3 Netherlands Law Enforcement Software Market by Deployment Model
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Law Enforcement Software Market by Offering
11.3.2.10.2 Switzerland Law Enforcement Software Market by Solution
11.3.2.10.3 Switzerland Law Enforcement Software Market by Deployment Model
11.3.2.11.1 Austria
11.3.2.11.2 Austria Law Enforcement Software Market by Offering
11.3.2.11.3 Austria Law Enforcement Software Market by Solution
11.3.2.11.4 Austria Law Enforcement Software Market by Deployment Model
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Law Enforcement Software Market by Offering
11.3.2.12.2 Rest of Western Europe Law Enforcement Software Market by Solution
11.3.2.12.3 Rest of Western Europe Law Enforcement Software Market by Deployment Model
11.4 Asia-Pacific
11.4.1 Asia-Pacific Law Enforcement Software Market by Country
11.4.2 Asia-Pacific Law Enforcement Software Market by Offering
11.4.3 Asia-Pacific Law Enforcement Software Market by Solution
11.4.4 Asia-Pacific Law Enforcement Software Market by Deployment Model
11.4.5 China
11.4.5.1 China Law Enforcement Software Market by Offering
11.4.5.2 China Law Enforcement Software Market by Solution
11.4.5.3 China Law Enforcement Software Market by Deployment Model
11.4.6 India
11.4.6.1 India Law Enforcement Software Market by Offering
11.4.6.2 India Law Enforcement Software Market by Solution
11.4.6.3 India Law Enforcement Software Market by Deployment Model
11.4.7 Japan
11.4.7.1 Japan Law Enforcement Software Market by Offering
11.4.7.2 Japan Law Enforcement Software Market by Solution
11.4.7.3 Japan Law Enforcement Software Market by Deployment Model
11.4.8 South Korea
11.4.8.1 South Korea Law Enforcement Software Market by Offering
11.4.8.2 South Korea Law Enforcement Software Market by Solution
11.4.8.3 South Korea Law Enforcement Software Market by Deployment Model
11.4.9 Vietnam
11.4.9.1 Vietnam Law Enforcement Software Market by Offering
11.4.9.2 Vietnam Law Enforcement Software Market by Solution
11.4.9.3 Vietnam Law Enforcement Software Market by Deployment Model
11.4.10 Singapore
11.4.10.1 Singapore Law Enforcement Software Market by Offering
11.4.10.2 Singapore Law Enforcement Software Market by Solution
11.4.10.3 Singapore Law Enforcement Software Market by Deployment Model
11.4.11 Australia
11.4.11.1 Australia Law Enforcement Software Market by Offering
11.4.11.2 Australia Law Enforcement Software Market by Solution
11.4.11.3 Australia Law Enforcement Software Market by Deployment Model
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Law Enforcement Software Market by Offering
11.4.12.2 Rest of Asia-Pacific Law Enforcement Software Market by Solution
11.4.12.3 Rest of Asia-Pacific Law Enforcement Software Market by Deployment Model
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Law Enforcement Software Market by Country
11.5.1.2 Middle East Law Enforcement Software Market by Offering
11.5.1.3 Middle East Law Enforcement Software Market by Solution
11.5.1.4 Middle East Law Enforcement Software Market by Deployment Model
11.5.1.5 UAE
11.5.1.5.1 UAE Law Enforcement Software Market by Offering
11.5.1.5.2 UAE Law Enforcement Software Market by Solution
11.5.1.5.3 UAE Law Enforcement Software Market by Deployment Model
11.5.1.6 Egypt
11.5.1.6.1 Egypt Law Enforcement Software Market by Offering
11.5.1.6.2 Egypt Law Enforcement Software Market by Solution
11.5.1.6.3 Egypt Law Enforcement Software Market by Deployment Model
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Law Enforcement Software Market by Offering
11.5.1.7.2 Saudi Arabia Law Enforcement Software Market by Solution
11.5.1.7.3 Saudi Arabia Law Enforcement Software Market by Deployment Model
11.5.1.8 Qatar
11.5.1.8.1 Qatar Law Enforcement Software Market by Offering
11.5.1.8.2 Qatar Law Enforcement Software Market by Solution
11.5.1.8.3 Qatar Law Enforcement Software Market by Deployment Model
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Law Enforcement Software Market by Offering
11.5.1.9.2 Rest of Middle East Law Enforcement Software Market by Solution
11.5.1.9.3 Rest of Middle East Law Enforcement Software Market by Deployment Model
11.5.2 Africa
11.5.2.1 Africa Law Enforcement Software Market by Country
11.5.2.2 Africa Law Enforcement Software Market by Offering
11.5.2.3 Africa Law Enforcement Software Market by Solution
11.5.2.4 Africa Law Enforcement Software Market by Deployment Model
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Law Enforcement Software Market by Offering
11.5.2.5.2 Nigeria Law Enforcement Software Market by Solution
11.5.2.5.3 Nigeria Law Enforcement Software Market by Deployment Model
11.5.2.6 South Africa
11.5.2.6.1 South Africa Law Enforcement Software Market by Offering
11.5.2.6.2 South Africa Law Enforcement Software Market by Solution
11.5.2.6.3 South Africa Law Enforcement Software Market by Deployment Model
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Law Enforcement Software Market by Offering
11.5.2.7.2 Rest of Africa Law Enforcement Software Market by Solution
11.5.2.7.3 Rest of Africa Law Enforcement Software Market by Deployment Model
11.6 Latin America
11.6.1 Latin America Law Enforcement Software Market by Country
11.6.2 Latin America Law Enforcement Software Market by Offering
11.6.3 Latin America Law Enforcement Software Market by Solution
11.6.4 Latin America Law Enforcement Software Market by Deployment Model
11.6.5 Brazil
11.6.5.1 Brazil Law Enforcement Software by Offering
11.6.5.2 Brazil Law Enforcement Software by Solution
11.6.5.3 Brazil Law Enforcement Software by Deployment Model
11.6.6 Argentina
11.6.6.1 Argentina Law Enforcement Software by Offering
11.6.6.2 Argentina Law Enforcement Software by Solution
11.6.6.3 Argentina Law Enforcement Software by Deployment Model
11.6.7 Colombia
11.6.7.1 Colombia Law Enforcement Software by Offering
11.6.7.2 Colombia Law Enforcement Software by Solution
11.6.7.3 Colombia Law Enforcement Software by Deployment Model
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Law Enforcement Software by Offering
11.6.8.2 Rest of Latin America Law Enforcement Software by Solution
11.6.8.3 Rest of Latin America Law Enforcement Software by Deployment Model

12 Company profile
12.1 Accenture
12.1.1 Company Overview
12.1.2 Financials
12.1.3Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 ALEN Inc.
12.2.1 Company Overview
12.2.2 Financials
12.2.3Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 CAPERS Software
12.3.1 Company Overview
12.3.2 Financials
12.3.3Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 CODY Systems
12.4.1 Company Overview
12.4.2 Financials
12.4.3Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Column Case Management
12.5.1 Company Overview
12.5.2 Financials
12.5.3Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Cyrun
12.6.1 Company Overview
12.6.2 Financials
12.6.3Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 eForce
12.7.1 Company Overview
12.7.2 Financials
12.7.3Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Esri
12.8.1 Company Overview
12.8.2 Financial
12.8.3Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Guardian Alliance Technologies
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Service/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Hexagon AB
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Service/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. USE Cases and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone