Key Insights
The Digital Signage Services market is experiencing robust growth, projected to reach a substantial size by 2033. A compound annual growth rate (CAGR) of 11.90% from 2019 to 2024 indicates a strong upward trajectory driven by several key factors. The increasing adoption of digital signage across diverse sectors, including commercial, infrastructural, and institutional settings, fuels this expansion. Businesses are increasingly leveraging digital signage for enhanced customer engagement, streamlined internal communications, and targeted advertising campaigns. Technological advancements, such as the integration of interactive features, improved analytics capabilities, and the rise of software-as-a-service (SaaS) solutions, are further contributing to market expansion. The market segmentation reveals a diverse service landscape encompassing network design and installation, maintenance and support, content creation, consulting services, and specialized networking solutions. Major players like NoviSign Digital Signage Inc., Zetadisplay AB, and LG Electronics Inc. are actively shaping the market landscape through innovation and competitive offerings. The North American market currently holds a significant share, followed by Europe and the Asia-Pacific region, each with its unique growth dynamics.
The continued expansion of the Digital Signage Services market will be fueled by several factors. Firstly, the increasing affordability and accessibility of digital signage technology are democratizing its adoption across various business sizes. Secondly, the growing demand for personalized and interactive customer experiences is driving investment in sophisticated digital signage solutions. The rising adoption of cloud-based platforms for content management and remote monitoring simplifies operations and reduces costs. Furthermore, the integration of digital signage with other technologies, such as Internet of Things (IoT) devices and artificial intelligence (AI), is opening new avenues for enhanced functionality and data-driven insights. However, challenges such as initial investment costs, the need for ongoing maintenance, and the complexity of integrating digital signage into existing infrastructure may impede growth to some extent. Nevertheless, the overall market outlook remains positive, with significant growth anticipated in the coming years, particularly in emerging markets.

Digital Signage Services Market: A Comprehensive Report (2019-2033)
This insightful report provides a detailed analysis of the Digital Signage Services Market, offering a comprehensive overview of its current state, future trajectory, and key players. With a study period spanning from 2019 to 2033, a base year of 2025, and a forecast period from 2025 to 2033, this report is an indispensable resource for stakeholders seeking to understand and capitalize on the growth opportunities within this dynamic market. The report's value is further enhanced by the inclusion of granular data, revealing market size estimations exceeding xx Million by 2033.
Digital Signage Services Market Composition & Trends
This section delves into the intricate dynamics of the Digital Signage Services Market, examining market concentration, innovation drivers, regulatory landscapes, substitute products, end-user profiles, and merger & acquisition (M&A) activities. We analyze the market share distribution amongst key players, revealing the competitive landscape and identifying dominant forces. The report also quantifies M&A deal values, providing insights into strategic investments and market consolidation trends.
- Market Concentration: The market is characterized by [Describe market concentration - e.g., a moderately concentrated market with a few dominant players]. The top 5 players account for approximately xx% of the market share in 2025.
- Innovation Catalysts: Advancements in technologies like AI-powered content management systems, interactive displays, and 4K resolution screens are driving market innovation and expansion.
- Regulatory Landscape: [Describe the regulatory environment, including any relevant regulations or compliance requirements impacting the market, e.g., data privacy regulations].
- Substitute Products: [Identify and analyze substitute products or services, such as traditional print media, and their impact on the market].
- End-User Profiles: The report profiles key end-user verticals, including commercial, infrastructural, and institutional sectors, analyzing their specific needs and driving factors for adoption.
- M&A Activities: [Detail significant M&A activities within the market during the historical period, providing estimated deal values and their strategic implications. For example: “In 2022, Company X acquired Company Y for an estimated value of $xx Million, significantly expanding its market reach.”].

Digital Signage Services Market Industry Evolution
This section offers a thorough analysis of the Digital Signage Services Market's evolutionary path. It traces the market's growth trajectories from 2019 to 2024, projecting future growth rates through 2033. We explore the impact of technological advancements, shifting consumer demands, and the evolution of service offerings on market dynamics. Specific data points, such as annual growth rates (CAGR) and adoption metrics for specific technologies, are presented to provide quantitative insights into the market's evolution. For example, we analyze the increasing adoption of cloud-based digital signage solutions and their impact on market growth.
Leading Regions, Countries, or Segments in Digital Signage Services Market
This section identifies the leading regions, countries, and segments within the Digital Signage Services Market. We analyze the dominance of specific regions and countries, examining the factors contributing to their leading positions. For service types (Network design & Installation, Maintenance & Support, Content Creation and Consulting Services, Networking Services) and end-user verticals (Commercial, Infrastructural, Institutional), the report identifies the most significant segments based on revenue and growth potential.
Key Drivers:
- Commercial Segment: High demand for dynamic and engaging customer experiences in retail, hospitality, and corporate environments. Investment in modernizing store layouts and enhancing brand visibility are fueling growth.
- North America: Strong economic growth, coupled with early adoption of digital signage technologies, makes it the leading region. Robust regulatory frameworks also support the market.
- Network Design & Installation Services: High demand from new deployments and upgrades driving substantial revenue streams.
Dominance Factors:
[Provide in-depth analysis on each leading region/country/segment. For example, analyze the high adoption rates of digital signage in North America due to factors like strong economic growth and early adoption of technology, the dominance of the commercial segment due to increased customer engagement initiatives, and the high demand for network design & installation services due to the increasing number of digital signage deployments. Use paragraphs to delve into the detail of these factors. ]
Digital Signage Services Market Product Innovations
The Digital Signage Services Market is characterized by continuous product innovation. Recent advancements include the integration of artificial intelligence (AI) for targeted advertising, the development of more energy-efficient displays, and the rise of interactive touchscreens. These innovations enhance user engagement, improve content management, and provide a more personalized customer experience. Unique selling propositions are increasingly centered around intuitive software platforms, data analytics capabilities, and seamless integration with existing business systems. This results in improved efficiency and a higher return on investment for customers.
Propelling Factors for Digital Signage Services Market Growth
Several factors are driving the growth of the Digital Signage Services Market. Technological advancements, such as the development of higher-resolution displays and more sophisticated software, are enhancing the capabilities and appeal of digital signage. Economic factors, such as increased disposable income and investment in infrastructure, are also contributing to market growth. Furthermore, favorable government regulations and initiatives promoting digital transformation are creating a supportive environment for the industry.
Obstacles in the Digital Signage Services Market
Despite the growth potential, several obstacles hinder the market's expansion. Regulatory compliance requirements, particularly concerning data privacy and security, can be complex and costly for businesses. Supply chain disruptions, particularly in the procurement of components like displays and hardware, can impact the availability and affordability of digital signage solutions. Finally, intense competition from established players and new entrants can put downward pressure on pricing and profitability.
Future Opportunities in Digital Signage Services Market
The Digital Signage Services Market presents numerous opportunities for future growth. Emerging technologies, such as augmented reality (AR) and virtual reality (VR) integration, can create immersive and interactive experiences. Expansion into new markets, such as healthcare and education, holds significant potential. Furthermore, leveraging data analytics to deliver personalized content and measure campaign effectiveness will create new revenue streams and drive adoption.
Major Players in the Digital Signage Services Market Ecosystem
- NoviSign Digital Signage Inc
- Zetadisplay AB
- LG Electronics Inc
- Noventri
- eyefactive GmbH
- Samsung Electronics Co Ltd
- Trison World
- Signagelive Limited
- Panasonic Corporation
- BlueStar Inc
Key Developments in Digital Signage Services Market Industry
- [Month, Year]: Company X launches a new AI-powered content management system.
- [Month, Year]: Company Y acquires Company Z, expanding its market presence.
- [Month, Year]: New regulations regarding data privacy are implemented, impacting the market.
- [Month, Year]: A significant supply chain disruption impacts the availability of key components.
- [Month, Year]: A new technology (e.g., holographic displays) is introduced, creating excitement and investment.
[Continue adding bullet points with specific dates and impactful developments]
Strategic Digital Signage Services Market Forecast
The Digital Signage Services Market is poised for continued growth, driven by technological advancements, expanding applications, and increasing demand across various sectors. Future opportunities lie in leveraging emerging technologies such as AI, IoT, and AR/VR to create more engaging and interactive experiences. The market's potential is vast, with projected significant revenue growth in the coming years, especially in rapidly developing economies and sectors embracing digital transformation. Continued innovation and strategic partnerships will be key for success in this dynamic market.
Digital Signage Services Market Segmentation
-
1. Service Type
- 1.1. Network design & Installation
- 1.2. Maintenance & Support
- 1.3. Content Creation and Consulting Services
- 1.4. Networking Services
-
2. End-User Vertical
- 2.1. Commercial
- 2.2. Infrastructural
- 2.3. Institutional
Digital Signage Services Market Segmentation By Geography
- 1. North America
- 2. Europe
- 3. Asia Pacific
- 4. Rest of the World

Digital Signage Services Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 11.90% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; Growing Emphasis on Content Creation and Personalization Features; Steady Increase in Adoption of Digital Signage Display Installations to Create New Opportunities for Service Providers
- 3.3. Market Restrains
- 3.3.1. Slow Adoption Rate in Underdeveloped Regions
- 3.4. Market Trends
- 3.4.1. Commercial End-user Vertical is Expected to Grow at a Significant Rate Over the Forecast Period
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Service Type
- 5.1.1. Network design & Installation
- 5.1.2. Maintenance & Support
- 5.1.3. Content Creation and Consulting Services
- 5.1.4. Networking Services
- 5.2. Market Analysis, Insights and Forecast - by End-User Vertical
- 5.2.1. Commercial
- 5.2.2. Infrastructural
- 5.2.3. Institutional
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Rest of the World
- 5.1. Market Analysis, Insights and Forecast - by Service Type
- 6. North America Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Service Type
- 6.1.1. Network design & Installation
- 6.1.2. Maintenance & Support
- 6.1.3. Content Creation and Consulting Services
- 6.1.4. Networking Services
- 6.2. Market Analysis, Insights and Forecast - by End-User Vertical
- 6.2.1. Commercial
- 6.2.2. Infrastructural
- 6.2.3. Institutional
- 6.1. Market Analysis, Insights and Forecast - by Service Type
- 7. Europe Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Service Type
- 7.1.1. Network design & Installation
- 7.1.2. Maintenance & Support
- 7.1.3. Content Creation and Consulting Services
- 7.1.4. Networking Services
- 7.2. Market Analysis, Insights and Forecast - by End-User Vertical
- 7.2.1. Commercial
- 7.2.2. Infrastructural
- 7.2.3. Institutional
- 7.1. Market Analysis, Insights and Forecast - by Service Type
- 8. Asia Pacific Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Service Type
- 8.1.1. Network design & Installation
- 8.1.2. Maintenance & Support
- 8.1.3. Content Creation and Consulting Services
- 8.1.4. Networking Services
- 8.2. Market Analysis, Insights and Forecast - by End-User Vertical
- 8.2.1. Commercial
- 8.2.2. Infrastructural
- 8.2.3. Institutional
- 8.1. Market Analysis, Insights and Forecast - by Service Type
- 9. Rest of the World Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Service Type
- 9.1.1. Network design & Installation
- 9.1.2. Maintenance & Support
- 9.1.3. Content Creation and Consulting Services
- 9.1.4. Networking Services
- 9.2. Market Analysis, Insights and Forecast - by End-User Vertical
- 9.2.1. Commercial
- 9.2.2. Infrastructural
- 9.2.3. Institutional
- 9.1. Market Analysis, Insights and Forecast - by Service Type
- 10. North America Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1.
- 11. Europe Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1.
- 12. Asia Pacific Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1.
- 13. Rest of the World Digital Signage Services Market Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1.
- 14. Competitive Analysis
- 14.1. Global Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 NoviSign Digital Signage Inc
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Zetadisplay AB
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 LG Electronics Inc
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 Noventri
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 eyefactive GmbH
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Samsung Electronics Co Ltd
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 Trison World
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.8 Signagelive Limited
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.9 Panasonic Corporatio
- 14.2.9.1. Overview
- 14.2.9.2. Products
- 14.2.9.3. SWOT Analysis
- 14.2.9.4. Recent Developments
- 14.2.9.5. Financials (Based on Availability)
- 14.2.10 BlueStar Inc
- 14.2.10.1. Overview
- 14.2.10.2. Products
- 14.2.10.3. SWOT Analysis
- 14.2.10.4. Recent Developments
- 14.2.10.5. Financials (Based on Availability)
- 14.2.1 NoviSign Digital Signage Inc
List of Figures
- Figure 1: Global Digital Signage Services Market Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: North America Digital Signage Services Market Revenue (Million), by Country 2024 & 2032
- Figure 3: North America Digital Signage Services Market Revenue Share (%), by Country 2024 & 2032
- Figure 4: Europe Digital Signage Services Market Revenue (Million), by Country 2024 & 2032
- Figure 5: Europe Digital Signage Services Market Revenue Share (%), by Country 2024 & 2032
- Figure 6: Asia Pacific Digital Signage Services Market Revenue (Million), by Country 2024 & 2032
- Figure 7: Asia Pacific Digital Signage Services Market Revenue Share (%), by Country 2024 & 2032
- Figure 8: Rest of the World Digital Signage Services Market Revenue (Million), by Country 2024 & 2032
- Figure 9: Rest of the World Digital Signage Services Market Revenue Share (%), by Country 2024 & 2032
- Figure 10: North America Digital Signage Services Market Revenue (Million), by Service Type 2024 & 2032
- Figure 11: North America Digital Signage Services Market Revenue Share (%), by Service Type 2024 & 2032
- Figure 12: North America Digital Signage Services Market Revenue (Million), by End-User Vertical 2024 & 2032
- Figure 13: North America Digital Signage Services Market Revenue Share (%), by End-User Vertical 2024 & 2032
- Figure 14: North America Digital Signage Services Market Revenue (Million), by Country 2024 & 2032
- Figure 15: North America Digital Signage Services Market Revenue Share (%), by Country 2024 & 2032
- Figure 16: Europe Digital Signage Services Market Revenue (Million), by Service Type 2024 & 2032
- Figure 17: Europe Digital Signage Services Market Revenue Share (%), by Service Type 2024 & 2032
- Figure 18: Europe Digital Signage Services Market Revenue (Million), by End-User Vertical 2024 & 2032
- Figure 19: Europe Digital Signage Services Market Revenue Share (%), by End-User Vertical 2024 & 2032
- Figure 20: Europe Digital Signage Services Market Revenue (Million), by Country 2024 & 2032
- Figure 21: Europe Digital Signage Services Market Revenue Share (%), by Country 2024 & 2032
- Figure 22: Asia Pacific Digital Signage Services Market Revenue (Million), by Service Type 2024 & 2032
- Figure 23: Asia Pacific Digital Signage Services Market Revenue Share (%), by Service Type 2024 & 2032
- Figure 24: Asia Pacific Digital Signage Services Market Revenue (Million), by End-User Vertical 2024 & 2032
- Figure 25: Asia Pacific Digital Signage Services Market Revenue Share (%), by End-User Vertical 2024 & 2032
- Figure 26: Asia Pacific Digital Signage Services Market Revenue (Million), by Country 2024 & 2032
- Figure 27: Asia Pacific Digital Signage Services Market Revenue Share (%), by Country 2024 & 2032
- Figure 28: Rest of the World Digital Signage Services Market Revenue (Million), by Service Type 2024 & 2032
- Figure 29: Rest of the World Digital Signage Services Market Revenue Share (%), by Service Type 2024 & 2032
- Figure 30: Rest of the World Digital Signage Services Market Revenue (Million), by End-User Vertical 2024 & 2032
- Figure 31: Rest of the World Digital Signage Services Market Revenue Share (%), by End-User Vertical 2024 & 2032
- Figure 32: Rest of the World Digital Signage Services Market Revenue (Million), by Country 2024 & 2032
- Figure 33: Rest of the World Digital Signage Services Market Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Digital Signage Services Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Digital Signage Services Market Revenue Million Forecast, by Service Type 2019 & 2032
- Table 3: Global Digital Signage Services Market Revenue Million Forecast, by End-User Vertical 2019 & 2032
- Table 4: Global Digital Signage Services Market Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Global Digital Signage Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 6: Digital Signage Services Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Global Digital Signage Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 8: Digital Signage Services Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Global Digital Signage Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Digital Signage Services Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Global Digital Signage Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 12: Digital Signage Services Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Global Digital Signage Services Market Revenue Million Forecast, by Service Type 2019 & 2032
- Table 14: Global Digital Signage Services Market Revenue Million Forecast, by End-User Vertical 2019 & 2032
- Table 15: Global Digital Signage Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 16: Global Digital Signage Services Market Revenue Million Forecast, by Service Type 2019 & 2032
- Table 17: Global Digital Signage Services Market Revenue Million Forecast, by End-User Vertical 2019 & 2032
- Table 18: Global Digital Signage Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 19: Global Digital Signage Services Market Revenue Million Forecast, by Service Type 2019 & 2032
- Table 20: Global Digital Signage Services Market Revenue Million Forecast, by End-User Vertical 2019 & 2032
- Table 21: Global Digital Signage Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Global Digital Signage Services Market Revenue Million Forecast, by Service Type 2019 & 2032
- Table 23: Global Digital Signage Services Market Revenue Million Forecast, by End-User Vertical 2019 & 2032
- Table 24: Global Digital Signage Services Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Digital Signage Services Market?
The projected CAGR is approximately 11.90%.
2. Which companies are prominent players in the Digital Signage Services Market?
Key companies in the market include NoviSign Digital Signage Inc, Zetadisplay AB, LG Electronics Inc, Noventri, eyefactive GmbH, Samsung Electronics Co Ltd, Trison World, Signagelive Limited, Panasonic Corporatio, BlueStar Inc.
3. What are the main segments of the Digital Signage Services Market?
The market segments include Service Type, End-User Vertical.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
; Growing Emphasis on Content Creation and Personalization Features; Steady Increase in Adoption of Digital Signage Display Installations to Create New Opportunities for Service Providers.
6. What are the notable trends driving market growth?
Commercial End-user Vertical is Expected to Grow at a Significant Rate Over the Forecast Period.
7. Are there any restraints impacting market growth?
Slow Adoption Rate in Underdeveloped Regions.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Digital Signage Services Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Digital Signage Services Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Digital Signage Services Market?
To stay informed about further developments, trends, and reports in the Digital Signage Services Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence