We implement a mix of primary and secondary research for our market estimate and forecast. Secondary research forms the initial phase of our study, where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines and other paid data sources. This forms the basis of our estimates.
We assign weights to various macroeconomic and microeconomic factors and quantify their market impact using weighted average analysis, to derive an expected market growth rate. Further, we use correlation, regression and time-series analysis to evaluate key industry dynamics. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
- Market leading participants
- Product distributors and vendors
- Key consumers and clients
These exhaustive primary interviews help our analysts in validating market and segment estimates and forecast. Additionally, we also gain significant industry insights, key developments and expectations. Breyer Associates only utilizes validated and authenticated secondary data sources.