Connected home security system is a set of integrated systems connects to your home Wi-Fi network so you can monitor and control your security devices using your smartphone and an app. Entry-level systems typically include a couple of door and window sensors, a motion detector, and a hub that communicates with these devices using one or more wireless protocols such as Wi-Fi, Z-Wave, ZigBee, or a proprietary mesh network. You can add extra door, motion, and window sensors to provide coverage for your entire house and build a comprehensive system that includes door locks, garage door openers, indoor and outdoor surveillance cameras, lights, sirens, smoke/CO detectors, water sensors, and more. The key part of connected home security system is smart Hub or smart control panel. The hub connects to your router via a wired ethernet connection and infiltrates your airwaves with a signal that the smart home devices respond to. Therefore, our data covers the entire system. Our data does not cover separate components.
In the market, Samsung, Panasonic and other companies can provide a separate device or the entire system equipment. However, some companies only provide the home security system service. These companies do not directly produce home security devices. At present, these companies include Armorax, Moni and Frontpoint, Comcast, Securitas and so on. ADT Security and Vivint can produce connected home security system for their own service platform. Our data covers equipment manufacturers. At the same time, we also list the major service providers in Europe and the United States. Connected home security system is part of a smart home. Therefore, our data does not cover general home monitoring or fire control system.
Home security system service industry has a long history. However, the home security system service platform is a large connection platform. This also brings a lot of problems. Connected home security system is a small system. This system can make up for the deficiencies of large systems. Since 2013, connected home security system has grown rapidly.
Connected home security system is a small smart system. In the past few years, the industry has shown great market potential. Honeywell, ADT, Samsung, Panasonic and Vivint are the main players in the market. Honeywell is a global leader. Honeywell holds 23% of the sales market share.
The global Connected Home Security System market was valued at US$ 133.6 million in 2020 and is expected to reach US$ 503 million by the end of 2029, growing at a CAGR of 20.0% during 2021-2029.
This report focuses on Connected Home Security System volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Connected Home Security System market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Connected Home Security System Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2029. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Monitor System
Alarm System
Segment by Application
Villa
Apartment
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Honeywell
ADT
Samsung
Panasonic
Vivint
LifeShield
Scout Alarm
1 Connected Home Security System Market Overview
1.1 Product Overview and Scope of Connected Home Security System
1.2 Connected Home Security System Segment by Type
1.2.1 Global Connected Home Security System Sales Growth Rate Comparison by Type (2021-2029)
1.2.2 Monitor System
1.2.3 Alarm System
1.3 Connected Home Security System Segment by Application
1.3.1 Global Connected Home Security System Sales Comparison by Application: (2021-2029)
1.3.2 Villa
1.3.3 Apartment
1.3.4 Other
1.4 Global Connected Home Security System Market Size Estimates and Forecasts
1.4.1 Global Connected Home Security System Revenue 2016-2029
1.4.2 Global Connected Home Security System Sales 2016-2029
1.4.3 Connected Home Security System Market Size by Region: 2016 Versus 2021 Versus 2029
2 Connected Home Security System Market Competition by Manufacturers
2.1 Global Connected Home Security System Sales Market Share by Manufacturers (2016-2021)
2.2 Global Connected Home Security System Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Connected Home Security System Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Connected Home Security System Manufacturing Sites, Area Served, Product Type
2.5 Connected Home Security System Market Competitive Situation and Trends
2.5.1 Connected Home Security System Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Connected Home Security System Players Market Share by Revenue
2.5.3 Global Connected Home Security System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Connected Home Security System Retrospective Market Scenario by Region
3.1 Global Connected Home Security System Retrospective Market Scenario in Sales by Region: 2016-2021
3.2 Global Connected Home Security System Retrospective Market Scenario in Revenue by Region: 2016-2021
3.3 North America Connected Home Security System Market Facts & Figures by Country
3.3.1 North America Connected Home Security System Sales by Country
3.3.2 North America Connected Home Security System Revenue by Country
3.3.3 U.S.
3.3.4 Canada
3.4 Europe Connected Home Security System Market Facts & Figures by Country
3.4.1 Europe Connected Home Security System Sales by Country
3.4.2 Europe Connected Home Security System Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 U.K.
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Connected Home Security System Market Facts & Figures by Region
3.5.1 Asia Pacific Connected Home Security System Sales by Region
3.5.2 Asia Pacific Connected Home Security System Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 Taiwan
3.5.9 Indonesia
3.5.10 Thailand
3.5.11 Malaysia
3.5.12 Philippines
3.5.13 Vietnam
3.6 Latin America Connected Home Security System Market Facts & Figures by Country
3.6.1 Latin America Connected Home Security System Sales by Country
3.6.2 Latin America Connected Home Security System Revenue by Country
3.6.3 Mexico
3.6.4 Brazil
3.6.5 Argentina
3.7 Middle East and Africa Connected Home Security System Market Facts & Figures by Country
3.7.1 Middle East and Africa Connected Home Security System Sales by Country
3.7.2 Middle East and Africa Connected Home Security System Revenue by Country
3.7.3 Turkey
3.7.4 Saudi Arabia
3.7.5 U.A.E
4 Global Connected Home Security System Historic Market Analysis by Type
4.1 Global Connected Home Security System Sales Market Share by Type (2016-2021)
4.2 Global Connected Home Security System Revenue Market Share by Type (2016-2021)
4.3 Global Connected Home Security System Price by Type (2016-2021)
5 Global Connected Home Security System Historic Market Analysis by Application
5.1 Global Connected Home Security System Sales Market Share by Application (2016-2021)
5.2 Global Connected Home Security System Revenue Market Share by Application (2016-2021)
5.3 Global Connected Home Security System Price by Application (2016-2021)
6 Key Companies Profiled
6.1 Honeywell
6.1.1 Honeywell Corporation Information
6.1.2 Honeywell Description and Business Overview
6.1.3 Honeywell Connected Home Security System Sales, Revenue and Gross Margin (2016-2021)
6.1.4 Honeywell Connected Home Security System Product Portfolio
6.1.5 Honeywell Recent Developments/Updates
6.2 ADT
6.2.1 ADT Corporation Information
6.2.2 ADT Description and Business Overview
6.2.3 ADT Connected Home Security System Sales, Revenue and Gross Margin (2016-2021)
6.2.4 ADT Connected Home Security System Product Portfolio
6.2.5 ADT Recent Developments/Updates
6.3 Samsung
6.3.1 Samsung Corporation Information
6.3.2 Samsung Description and Business Overview
6.3.3 Samsung Connected Home Security System Sales, Revenue and Gross Margin (2016-2021)
6.3.4 Samsung Connected Home Security System Product Portfolio
6.3.5 Samsung Recent Developments/Updates
6.4 Panasonic
6.4.1 Panasonic Corporation Information
6.4.2 Panasonic Description and Business Overview
6.4.3 Panasonic Connected Home Security System Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Panasonic Connected Home Security System Product Portfolio
6.4.5 Panasonic Recent Developments/Updates
6.5 Vivint
6.5.1 Vivint Corporation Information
6.5.2 Vivint Description and Business Overview
6.5.3 Vivint Connected Home Security System Sales, Revenue and Gross Margin (2016-2021)
6.5.4 Vivint Connected Home Security System Product Portfolio
6.5.5 Vivint Recent Developments/Updates
6.6 LifeShield
6.6.1 LifeShield Corporation Information
6.6.2 LifeShield Description and Business Overview
6.6.3 LifeShield Connected Home Security System Sales, Revenue and Gross Margin (2016-2021)
6.6.4 LifeShield Connected Home Security System Product Portfolio
6.6.5 LifeShield Recent Developments/Updates
6.7 Scout Alarm
6.6.1 Scout Alarm Corporation Information
6.6.2 Scout Alarm Description and Business Overview
6.6.3 Scout Alarm Connected Home Security System Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Scout Alarm Connected Home Security System Product Portfolio
6.7.5 Scout Alarm Recent Developments/Updates
7 Connected Home Security System Manufacturing Cost Analysis
7.1 Connected Home Security System Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Connected Home Security System
7.4 Connected Home Security System Industrial Chain Analysis
8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Connected Home Security System Distributors List
8.3 Connected Home Security System Customers
9 Connected Home Security System Market Dynamics
9.1 Connected Home Security System Industry Trends
9.2 Connected Home Security System Growth Drivers
9.3 Connected Home Security System Market Challenges
9.4 Connected Home Security System Market Restraints
10 Global Market Forecast
10.1 Connected Home Security System Market Estimates and Projections by Type
10.1.1 Global Forecasted Sales of Connected Home Security System by Type (2022-2029)
10.1.2 Global Forecasted Revenue of Connected Home Security System by Type (2022-2029)
10.2 Connected Home Security System Market Estimates and Projections by Application
10.2.1 Global Forecasted Sales of Connected Home Security System by Application (2022-2029)
10.2.2 Global Forecasted Revenue of Connected Home Security System by Application (2022-2029)
10.3 Connected Home Security System Market Estimates and Projections by Region
10.3.1 Global Forecasted Sales of Connected Home Security System by Region (2022-2029)
10.3.2 Global Forecasted Revenue of Connected Home Security System by Region (2022-2029)
11 Research Finding and Conclusion
12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Author List
12.4 Disclaimer
List of Tables
Table 1. Global Connected Home Security System Sales (K Units) Growth Rate Comparison by Type (2021-2029)
Table 2. Global Connected Home Security System Sales (K Units) Comparison by Application (2021-2029)
Table 3. Global Connected Home Security System Market Size by Region (US$ Million) (2016 VS 2021 VS 2029)
Table 4. Key Manufacturers Connected Home Security System Covered in This Study
Table 5. Global Connected Home Security System Sales (K Units) of Key Manufacturers (2016-2021)
Table 6. Global Connected Home Security System Sales Market Share by Manufacturers (2016-2021)
Table 7. Global Connected Home Security System Revenue (US$ Million) by Manufacturers (2016-2021)
Table 8. Global Connected Home Security System Revenue Share by Manufacturers (2016-2021)
Table 9. Global Market Connected Home Security System Average Price (USD/Unit) of Key Manufacturers (2016-2021)
Table 10. Manufacturers Connected Home Security System Manufacturing Sites and Area Served
Table 11. Manufacturers Connected Home Security System Product Type
Table 12. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 13. Global Connected Home Security System by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Connected Home Security System as of 2020)
Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 15. Global Connected Home Security System Sales by Region (2016-2021) & (K Units)
Table 16. Global Connected Home Security System Sales Market Share by Region (2016-2021)
Table 17. Global Connected Home Security System Revenue by Region (2016-2021) & (US$ Million)
Table 18. North America Connected Home Security System Sales by Country (2016-2021) & (K Units)
Table 19. North America Connected Home Security System Sales Market Share by Country (2016-2021)
Table 20. North America Connected Home Security System Revenue by Country (2016-2021) & (US$ Million)
Table 21. North America Connected Home Security System Revenue Market Share by Country (2016-2021)
Table 22. Europe Connected Home Security System Sales by Country (2016-2021) & (K Units)
Table 23. Europe Connected Home Security System Sales Market Share by Country (2016-2021)
Table 24. Europe Connected Home Security System Revenue by Country (2016-2021) & (US$ Million)
Table 25. Europe Connected Home Security System Revenue Market Share by Country (2016-2021)
Table 26. Asia Pacific Connected Home Security System Sales by Region (2016-2021) & (K Units)
Table 27. Asia Pacific Connected Home Security System Sales Market Share by Region (2016-2021)
Table 28. Asia Pacific Connected Home Security System Revenue by Region (2016-2021) & (US$ Million)
Table 29. Asia Pacific Connected Home Security System Revenue Market Share by Region (2016-2021)
Table 30. Latin America Connected Home Security System Sales by Country (2016-2021) & (K Units)
Table 31. Latin America Connected Home Security System Sales Market Share by Country (2016-2021)
Table 32. Latin America Connected Home Security System Revenue by Country (2016-2021) & (US$ Million)
Table 33. Latin America Connected Home Security System Revenue Market Share by Country (2016-2021)
Table 34. Middle East and Africa Connected Home Security System Sales by Country (2016-2021) & (K Units)
Table 35. Middle East and Africa Connected Home Security System Sales Market Share by Country (2016-2021)
Table 36. Middle East and Africa Connected Home Security System Revenue by Country (2016-2021) & (US$ Million)
Table 37. Middle East and Africa Connected Home Security System Revenue Market Share by Country (2016-2021)
Table 38. Global Connected Home Security System Sales (K Units) by Type (2016-2021)
Table 39. Global Connected Home Security System Sales Market Share by Type (2016-2021)
Table 40. Global Connected Home Security System Revenue (Million US$) by Type (2016-2021)
Table 41. Global Connected Home Security System Revenue Share by Type (2016-2021)
Table 42. Global Connected Home Security System Price (USD/Unit) by Type (2016-2021)
Table 43. Global Connected Home Security System Sales (K Units) by Application (2016-2021)
Table 44. Global Connected Home Security System Sales Market Share by Application (2016-2021)
Table 45. Global Connected Home Security System Revenue (Million US$) by Application (2016-2021)
Table 46. Global Connected Home Security System Revenue Share by Application (2016-2021)
Table 47. Global Connected Home Security System Price (USD/Unit) by Application (2016-2021)
Table 48. Honeywell Corporation Information
Table 49. Honeywell Description and Business Overview
Table 50. Honeywell Connected Home Security System Sales (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2016-2021)
Table 51. Honeywell Connected Home Security System Product
Table 52. Honeywell Recent Developments/Updates
Table 53. ADT Corporation Information
Table 54. ADT Description and Business Overview
Table 55. ADT Connected Home Security System Sales (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2016-2021)
Table 56. ADT Connected Home Security System Product
Table 57. ADT Recent Developments/Updates
Table 58. Samsung Corporation Information
Table 59. Samsung Description and Business Overview
Table 60. Samsung Connected Home Security System Sales (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2016-2021)
Table 61. Samsung Connected Home Security System Product
Table 62. Samsung Recent Developments/Updates
Table 63. Panasonic Corporation Information
Table 64. Panasonic Description and Business Overview
Table 65. Panasonic Connected Home Security System Sales (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2016-2021)
Table 66. Panasonic Connected Home Security System Product
Table 67. Panasonic Recent Developments/Updates
Table 68. Vivint Corporation Information
Table 69. Vivint Description and Business Overview
Table 70. Vivint Connected Home Security System Sales (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2016-2021)
Table 71. Vivint Connected Home Security System Product
Table 72. Vivint Recent Developments/Updates
Table 73. LifeShield Corporation Information
Table 74. LifeShield Description and Business Overview
Table 75. LifeShield Connected Home Security System Sales (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2016-2021)
Table 76. LifeShield Connected Home Security System Product
Table 77. LifeShield Recent Developments/Updates
Table 78. Scout Alarm Corporation Information
Table 79. Scout Alarm Description and Business Overview
Table 80. Scout Alarm Connected Home Security System Sales (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2016-2021)
Table 81. Scout Alarm Connected Home Security System Product
Table 82. Scout Alarm Recent Developments/Updates
Table 83. Production Base and Market Concentration Rate of Raw Material
Table 84. Key Suppliers of Raw Materials
Table 85. Connected Home Security System Distributors List
Table 86. Connected Home Security System Customers List
Table 87. Connected Home Security System Market Trends
Table 88. Connected Home Security System Growth Drivers
Table 89. Connected Home Security System Market Challenges
Table 90. Connected Home Security System Market Restraints
Table 91. Global Connected Home Security System Sales Forecast by Type (2022-2029) & (K Units)
Table 92. Global Connected Home Security System Sales Market Share Forecast by Type (2022-2029)
Table 93. Global Connected Home Security System Revenue Forecast by Type (2022-2029) & (US$ Million)
Table 94. Global Connected Home Security System Revenue Market Share Forecast by Type (2022-2029)
Table 95. Global Connected Home Security System Sales Forecast by Application (2022-2029) & (K Units)
Table 96. Global Connected Home Security System Sales Market Share Forecast by Application (2022-2029)
Table 97. Global Connected Home Security System Revenue Forecast by Application (2022-2029) & (US$ Million)
Table 98. Global Connected Home Security System Revenue Market Share Forecast by Application (2022-2029)
Table 99. Global Connected Home Security System Sales Forecast by Region (2022-2029) & (K Units)
Table 100. Global Connected Home Security System Sales Market Share Forecast by Region (2022-2029)
Table 101. Global Connected Home Security System Revenue Forecast by Region (2022-2029) & (US$ Million)
Table 102. Global Connected Home Security System Revenue Market Share Forecast by Region (2022-2029)
Table 103. Research Programs/Design for This Report
Table 104. Key Data Information from Secondary Sources
Table 105. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Connected Home Security System
Figure 2. Global Connected Home Security System Market Share by Type in 2020 & 2029
Figure 3. Monitor System Product Picture
Figure 4. Alarm System Product Picture
Figure 5. Global Connected Home Security System Market Share by Application in 2020 & 2029
Figure 6. Villa
Figure 7. Apartment
Figure 8. Other
Figure 9. Global Connected Home Security System Revenue, (US$ Million), 2016 VS 2021 VS 2029
Figure 10. Global Connected Home Security System Market Size 2016-2029 (US$ Million)
Figure 11. Global Connected Home Security System Sales 2016-2029 (K Units)
Figure 12. Global Connected Home Security System Market Size Market Share by Region: 2016 VS 20210 VS 2029
Figure 13. Connected Home Security System Sales Share by Manufacturers in 2020
Figure 14. Global Connected Home Security System Revenue Share by Manufacturers in 2020
Figure 15. The Global 5 and 10 Largest Connected Home Security System Players: Market Share by Revenue in 2020
Figure 16. Connected Home Security System Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2021
Figure 17. Global Connected Home Security System Sales Market Share by Region (2016-2021)
Figure 18. Global Connected Home Security System Sales Market Share by Region in 2020
Figure 19. Global Connected Home Security System Revenue Market Share by Region (2016-2021)
Figure 20. Global Connected Home Security System Revenue Market Share by Region in 2020
Figure 21. U.S. Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 22. Canada Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 23. Germany Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 24. France Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 25. U.K. Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 26. Italy Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 27. Russia Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 28. China Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 29. Japan Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 30. South Korea Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 31. India Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 32. Australia Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 33. Taiwan Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 34. Indonesia Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 35. Thailand Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 36. Malaysia Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 37. Philippines Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 38. Vietnam Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 39. Mexico Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 40. Brazil Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 41. Argentina Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 42. Turkey Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 43. Saudi Arabia Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 44. U.A.E Connected Home Security System Revenue Growth Rate (2016-2021) (US$ Million)
Figure 45. Sales Market Share of Connected Home Security System by Type (2016-2021)
Figure 46. Sales Market Share of Connected Home Security System by Application (2016-2021)
Figure 47. Sales Market Share of Connected Home Security System by Application in 2020
Figure 48. Revenue Share of Connected Home Security System by Application (2016-2021)
Figure 49. Revenue Share of Connected Home Security System by Application in 2020
Figure 50. Manufacturing Cost Structure of Connected Home Security System
Figure 51. Manufacturing Process Analysis of Connected Home Security System
Figure 52. Connected Home Security System Industrial Chain Analysis
Figure 53. Channels of Distribution
Figure 54. Distributors Profiles
Figure 55. Bottom-up and Top-down Approaches for This Report
Figure 56. Data Triangulation
Figure 57. Key Executives Interviewed
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
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Pages: 100 
Tables: 124 
