Market Analysis & Forecasting
Overview
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While there is a plethora of high-quality off-the-shelf market research
available in the technology industry, there are many instances in which
customised research or analysis is essential. While such publications often
offer very good high-level information on the wider marketplace, technology
organisations regularly require more closely-tailored qualitative and
quantitative analysis before making critical business decisions. Such projects
look much more closely at the specific opportunities and threats facing a
given company, or a given product sub-type. |
Challenges
- How do I accurately define my marketplace?
- What are the various scenarios for development of my industry?
- Are consensus market forecasts too optimistic?
- Are there any "out-of-the-box" options that my competitors have not
thought of yet?
- Market value forecasts are fine; but what about margins?
- What are the risk factors at play in my marketplace?
- Is there a risk of sudden technology substitution?
- What assumptions are my suppliers and partners making? Are they valid?
- How might variations in the economy and stock market affect my
opportunity?
- What is my sector's exposure to failure in an "adjacent" related industry?
Solutions
- Addressable market size quantification
- Cross-checked forecasts
- Scenario development
- Sensitivity analyses
- Price elasticity considerations
- "Second opinion" on existing market forecasts
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