Global GNSS Correction Service Supply, Demand and Key Producers, 2024-2030

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Published Date: 29 Feb 2024

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

GNSS Correction Services are products which aim to increase the accuracy of position information. Correction Services are subscriptions to receive data in the field that help position GNSS receivers more accurately without the need to bring a reference station. GNSS Processing services improve measurements taken in the field by correcting them with data from reference points taken at the time of measurement.

The global GNSS Correction Service market size is expected to reach $ 1085 million by 2030, rising at a market growth of 7.2% CAGR during the forecast period (2024-2030).

Global GNSS Correction Service key vendors include Hexagon, Fugro, Oceaneering International, Trimble, UniStrong and Topcon, etc. The top five vendors hold about 45% of the global share. Global core manufacturers are mainly located in Europe, North America, China and Japan. Asia Pacific is the world's largest market with over 35% market share, followed by Europe and North America with 29% and 28% respectively. In terms of products, real-time kinematics (RTK) is the largest segment with a market share of over 46%, followed by precise point positioning (PPP) with about 40%. In terms of applications, the most widespread application is the marine industry, with a share of over 28%.

This report studies the global GNSS Correction Service demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for GNSS Correction Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of GNSS Correction Service that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global GNSS Correction Service total market, 2019-2030, (USD Million)
Global GNSS Correction Service total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: GNSS Correction Service total market, key domestic companies, and share, (USD Million)
Global GNSS Correction Service revenue by player, revenue and market share 2019-2024, (USD Million)
Global GNSS Correction Service total market by Type, CAGR, 2019-2030, (USD Million)
Global GNSS Correction Service total market by Application, CAGR, 2019-2030, (USD Million)
This report profiles major players in the global GNSS Correction Service market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hexagon, Fugro, Oceaneering International, Inc, Trimble, UniStrong, Topcon, u-blox, Septentrio N.V., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world GNSS Correction Service market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global GNSS Correction Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global GNSS Correction Service Market, Segmentation by Type
RTK
RTK-PPP
PPP

Global GNSS Correction Service Market, Segmentation by Application:
Agriculture
Construction
GIS and Mapping
Marine
Others

Companies Profiled:
Hexagon
Fugro
Oceaneering International, Inc
Trimble
UniStrong
Topcon
u-blox
Septentrio N.V.

Key Questions Answered
1. How big is the global GNSS Correction Service market?
2. What is the demand of the global GNSS Correction Service market?
3. What is the year over year growth of the global GNSS Correction Service market?
4. What is the total value of the global GNSS Correction Service market?
5. Who are the Major Players in the global GNSS Correction Service market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 GNSS Correction Service Introduction
    1.2 World GNSS Correction Service Market Size & Forecast (2019 & 2023 & 2030)
    1.3 World GNSS Correction Service Total Market by Region (by Headquarter Location)
        1.3.1 World GNSS Correction Service Market Size by Region (2019-2030), (by Headquarter Location)
        1.3.2 United States Based Company GNSS Correction Service Revenue (2019-2030)
        1.3.3 China Based Company GNSS Correction Service Revenue (2019-2030)
        1.3.4 Europe Based Company GNSS Correction Service Revenue (2019-2030)
        1.3.5 Japan Based Company GNSS Correction Service Revenue (2019-2030)
        1.3.6 South Korea Based Company GNSS Correction Service Revenue (2019-2030)
        1.3.7 ASEAN Based Company GNSS Correction Service Revenue (2019-2030)
        1.3.8 India Based Company GNSS Correction Service Revenue (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 GNSS Correction Service Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Major Market Trends

2 Demand Summary
    2.1 World GNSS Correction Service Consumption Value (2019-2030)
    2.2 World GNSS Correction Service Consumption Value by Region
        2.2.1 World GNSS Correction Service Consumption Value by Region (2019-2024)
        2.2.2 World GNSS Correction Service Consumption Value Forecast by Region (2025-2030)
    2.3 United States GNSS Correction Service Consumption Value (2019-2030)
    2.4 China GNSS Correction Service Consumption Value (2019-2030)
    2.5 Europe GNSS Correction Service Consumption Value (2019-2030)
    2.6 Japan GNSS Correction Service Consumption Value (2019-2030)
    2.7 South Korea GNSS Correction Service Consumption Value (2019-2030)
    2.8 ASEAN GNSS Correction Service Consumption Value (2019-2030)
    2.9 India GNSS Correction Service Consumption Value (2019-2030)

3 World GNSS Correction Service Companies Competitive Analysis
    3.1 World GNSS Correction Service Revenue by Player (2019-2024)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global GNSS Correction Service Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for GNSS Correction Service in 2023
        3.2.3 Global Concentration Ratios (CR8) for GNSS Correction Service in 2023
    3.3 GNSS Correction Service Company Evaluation Quadrant
    3.4 GNSS Correction Service Market: Overall Company Footprint Analysis
        3.4.1 GNSS Correction Service Market: Region Footprint
        3.4.2 GNSS Correction Service Market: Company Product Type Footprint
        3.4.3 GNSS Correction Service Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers & Acquisitions Activity

4 United States VS China VS Rest of World (by Headquarter Location)
    4.1 United States VS China: GNSS Correction Service Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: GNSS Correction Service Revenue Comparison (2019 & 2023 & 2030) (by Headquarter Location)
        4.1.2 United States VS China: GNSS Correction Service Revenue Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States Based Companies VS China Based Companies: GNSS Correction Service Consumption Value Comparison
        4.2.1 United States VS China: GNSS Correction Service Consumption Value Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: GNSS Correction Service Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States Based GNSS Correction Service Companies and Market Share, 2019-2024
        4.3.1 United States Based GNSS Correction Service Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies GNSS Correction Service Revenue, (2019-2024)
    4.4 China Based Companies GNSS Correction Service Revenue and Market Share, 2019-2024
        4.4.1 China Based GNSS Correction Service Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies GNSS Correction Service Revenue, (2019-2024)
    4.5 Rest of World Based GNSS Correction Service Companies and Market Share, 2019-2024
        4.5.1 Rest of World Based GNSS Correction Service Companies, Headquarters (Province, Country)
        4.5.2 Rest of World Based Companies GNSS Correction Service Revenue (2019-2024)

5 Market Analysis by Type
    5.1 World GNSS Correction Service Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 RTK
        5.2.2 RTK-PPP
        5.2.3 PPP
    5.3 Market Segment by Type
        5.3.1 World GNSS Correction Service Market Size by Type (2019-2024)
        5.3.2 World GNSS Correction Service Market Size by Type (2025-2030)
        5.3.3 World GNSS Correction Service Market Size Market Share by Type (2025-2030)

6 Market Analysis by Application
    6.1 World GNSS Correction Service Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Agriculture
        6.2.2 Construction
        6.2.3 GIS and Mapping
        6.2.4 Marine
        6.2.5 Others
    6.3 Market Segment by Application
        6.3.1 World GNSS Correction Service Market Size by Application (2019-2024)
        6.3.2 World GNSS Correction Service Market Size by Application (2025-2030)
        6.3.3 World GNSS Correction Service Market Size Market Share by Application (2019-2030)

7 Company Profiles
    7.1 Hexagon
        7.1.1 Hexagon Details
        7.1.2 Hexagon Major Business
        7.1.3 Hexagon GNSS Correction Service Product and Services
        7.1.4 Hexagon GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024)
        7.1.5 Hexagon Recent Developments/Updates
        7.1.6 Hexagon Competitive Strengths & Weaknesses
    7.2 Fugro
        7.2.1 Fugro Details
        7.2.2 Fugro Major Business
        7.2.3 Fugro GNSS Correction Service Product and Services
        7.2.4 Fugro GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024)
        7.2.5 Fugro Recent Developments/Updates
        7.2.6 Fugro Competitive Strengths & Weaknesses
    7.3 Oceaneering International, Inc
        7.3.1 Oceaneering International, Inc Details
        7.3.2 Oceaneering International, Inc Major Business
        7.3.3 Oceaneering International, Inc GNSS Correction Service Product and Services
        7.3.4 Oceaneering International, Inc GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024)
        7.3.5 Oceaneering International, Inc Recent Developments/Updates
        7.3.6 Oceaneering International, Inc Competitive Strengths & Weaknesses
    7.4 Trimble
        7.4.1 Trimble Details
        7.4.2 Trimble Major Business
        7.4.3 Trimble GNSS Correction Service Product and Services
        7.4.4 Trimble GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024)
        7.4.5 Trimble Recent Developments/Updates
        7.4.6 Trimble Competitive Strengths & Weaknesses
    7.5 UniStrong
        7.5.1 UniStrong Details
        7.5.2 UniStrong Major Business
        7.5.3 UniStrong GNSS Correction Service Product and Services
        7.5.4 UniStrong GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024)
        7.5.5 UniStrong Recent Developments/Updates
        7.5.6 UniStrong Competitive Strengths & Weaknesses
    7.6 Topcon
        7.6.1 Topcon Details
        7.6.2 Topcon Major Business
        7.6.3 Topcon GNSS Correction Service Product and Services
        7.6.4 Topcon GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024)
        7.6.5 Topcon Recent Developments/Updates
        7.6.6 Topcon Competitive Strengths & Weaknesses
    7.7 u-blox
        7.7.1 u-blox Details
        7.7.2 u-blox Major Business
        7.7.3 u-blox GNSS Correction Service Product and Services
        7.7.4 u-blox GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024)
        7.7.5 u-blox Recent Developments/Updates
        7.7.6 u-blox Competitive Strengths & Weaknesses
    7.8 Septentrio N.V.
        7.8.1 Septentrio N.V. Details
        7.8.2 Septentrio N.V. Major Business
        7.8.3 Septentrio N.V. GNSS Correction Service Product and Services
        7.8.4 Septentrio N.V. GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024)
        7.8.5 Septentrio N.V. Recent Developments/Updates
        7.8.6 Septentrio N.V. Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 GNSS Correction Service Industry Chain
    8.2 GNSS Correction Service Upstream Analysis
    8.3 GNSS Correction Service Midstream Analysis
    8.4 GNSS Correction Service Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
 Table 1. World GNSS Correction Service Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
 Table 2. World GNSS Correction Service Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
 Table 3. World GNSS Correction Service Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
 Table 4. World GNSS Correction Service Revenue Market Share by Region (2019-2024), (by Headquarter Location)
 Table 5. World GNSS Correction Service Revenue Market Share by Region (2025-2030), (by Headquarter Location)
 Table 6. Major Market Trends
 Table 7. World GNSS Correction Service Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
 Table 8. World GNSS Correction Service Consumption Value by Region (2019-2024) & (USD Million)
 Table 9. World GNSS Correction Service Consumption Value Forecast by Region (2025-2030) & (USD Million)
 Table 10. World GNSS Correction Service Revenue by Player (2019-2024) & (USD Million)
 Table 11. Revenue Market Share of Key GNSS Correction Service Players in 2023
 Table 12. World GNSS Correction Service Industry Rank of Major Player, Based on Revenue in 2023
 Table 13. Global GNSS Correction Service Company Evaluation Quadrant
 Table 14. Head Office of Key GNSS Correction Service Players
 Table 15. GNSS Correction Service Market: Company Product Type Footprint
 Table 16. GNSS Correction Service Market: Company Product Application Footprint
 Table 17. GNSS Correction Service Mergers & Acquisitions Activity
 Table 18. United States VS China GNSS Correction Service Revenue Comparison, (2019 & 2023 & 2030) & (USD Million)
 Table 19. United States VS China GNSS Correction Service Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
 Table 20. United States Based GNSS Correction Service Companies, Headquarters (States, Country)
 Table 21. United States Based Companies GNSS Correction Service Revenue, (2019-2024) & (USD Million)
 Table 22. United States Based Companies GNSS Correction Service Revenue Market Share (2019-2024)
 Table 23. China Based GNSS Correction Service Companies, Headquarters (Province, Country)
 Table 24. China Based Companies GNSS Correction Service Revenue, (2019-2024) & (USD Million)
 Table 25. China Based Companies GNSS Correction Service Revenue Market Share (2019-2024)
 Table 26. Rest of World Based GNSS Correction Service Companies, Headquarters (Province, Country)
 Table 27. Rest of World Based Companies GNSS Correction Service Revenue (2019-2024) & (USD Million)
 Table 28. Rest of World Based Companies GNSS Correction Service Revenue Market Share (2019-2024)
 Table 29. World GNSS Correction Service Market Size by Type, (USD Million), 2019 & 2023 & 2030
 Table 30. World GNSS Correction Service Market Size Value by Type (2019-2024) & (USD Million)
 Table 31. World GNSS Correction Service Market Size by Type (2025-2030) & (USD Million)
 Table 32. World GNSS Correction Service Market Size by Application, (USD Million), 2019 & 2023 & 2030
 Table 33. World GNSS Correction Service Market Size by Application (2019-2024) & (USD Million)
 Table 34. World GNSS Correction Service Market Size by Application (2025-2030) & (USD Million)
 Table 35. Hexagon Basic Information, Manufacturing Base and Competitors
 Table 36. Hexagon Major Business
 Table 37. Hexagon GNSS Correction Service Product and Services
 Table 38. Hexagon GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
 Table 39. Hexagon Recent Developments/Updates
 Table 40. Hexagon Competitive Strengths & Weaknesses
 Table 41. Fugro Basic Information, Manufacturing Base and Competitors
 Table 42. Fugro Major Business
 Table 43. Fugro GNSS Correction Service Product and Services
 Table 44. Fugro GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
 Table 45. Fugro Recent Developments/Updates
 Table 46. Fugro Competitive Strengths & Weaknesses
 Table 47. Oceaneering International, Inc Basic Information, Manufacturing Base and Competitors
 Table 48. Oceaneering International, Inc Major Business
 Table 49. Oceaneering International, Inc GNSS Correction Service Product and Services
 Table 50. Oceaneering International, Inc GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
 Table 51. Oceaneering International, Inc Recent Developments/Updates
 Table 52. Oceaneering International, Inc Competitive Strengths & Weaknesses
 Table 53. Trimble Basic Information, Manufacturing Base and Competitors
 Table 54. Trimble Major Business
 Table 55. Trimble GNSS Correction Service Product and Services
 Table 56. Trimble GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
 Table 57. Trimble Recent Developments/Updates
 Table 58. Trimble Competitive Strengths & Weaknesses
 Table 59. UniStrong Basic Information, Manufacturing Base and Competitors
 Table 60. UniStrong Major Business
 Table 61. UniStrong GNSS Correction Service Product and Services
 Table 62. UniStrong GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
 Table 63. UniStrong Recent Developments/Updates
 Table 64. UniStrong Competitive Strengths & Weaknesses
 Table 65. Topcon Basic Information, Manufacturing Base and Competitors
 Table 66. Topcon Major Business
 Table 67. Topcon GNSS Correction Service Product and Services
 Table 68. Topcon GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
 Table 69. Topcon Recent Developments/Updates
 Table 70. Topcon Competitive Strengths & Weaknesses
 Table 71. u-blox Basic Information, Manufacturing Base and Competitors
 Table 72. u-blox Major Business
 Table 73. u-blox GNSS Correction Service Product and Services
 Table 74. u-blox GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
 Table 75. u-blox Recent Developments/Updates
 Table 76. u-blox Competitive Strengths & Weaknesses
 Table 77. Septentrio N.V. Basic Information, Manufacturing Base and Competitors
 Table 78. Septentrio N.V. Major Business
 Table 79. Septentrio N.V. GNSS Correction Service Product and Services
 Table 80. Septentrio N.V. GNSS Correction Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
 Table 81. Septentrio N.V. Recent Developments/Updates
 Table 82. Septentrio N.V. Competitive Strengths & Weaknesses
 Table 83. Global Key Players of GNSS Correction Service Upstream (Raw Materials)
 Table 84. Global GNSS Correction Service Typical Customers


List of Figures
 Figure 1. GNSS Correction Service Picture
 Figure 2. World GNSS Correction Service Total Revenue: 2019 & 2023 & 2030, (USD Million)
 Figure 3. World GNSS Correction Service Total Revenue (2019-2030) & (USD Million)
 Figure 4. World GNSS Correction Service Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
 Figure 5. World GNSS Correction Service Revenue Market Share by Region (2019-2030), (by Headquarter Location)
 Figure 6. United States Based Company GNSS Correction Service Revenue (2019-2030) & (USD Million)
 Figure 7. China Based Company GNSS Correction Service Revenue (2019-2030) & (USD Million)
 Figure 8. Europe Based Company GNSS Correction Service Revenue (2019-2030) & (USD Million)
 Figure 9. Japan Based Company GNSS Correction Service Revenue (2019-2030) & (USD Million)
 Figure 10. South Korea Based Company GNSS Correction Service Revenue (2019-2030) & (USD Million)
 Figure 11. ASEAN Based Company GNSS Correction Service Revenue (2019-2030) & (USD Million)
 Figure 12. India Based Company GNSS Correction Service Revenue (2019-2030) & (USD Million)
 Figure 13. GNSS Correction Service Market Drivers
 Figure 14. Factors Affecting Demand
 Figure 15. World GNSS Correction Service Consumption Value (2019-2030) & (USD Million)
 Figure 16. World GNSS Correction Service Consumption Value Market Share by Region (2019-2030)
 Figure 17. United States GNSS Correction Service Consumption Value (2019-2030) & (USD Million)
 Figure 18. China GNSS Correction Service Consumption Value (2019-2030) & (USD Million)
 Figure 19. Europe GNSS Correction Service Consumption Value (2019-2030) & (USD Million)
 Figure 20. Japan GNSS Correction Service Consumption Value (2019-2030) & (USD Million)
 Figure 21. South Korea GNSS Correction Service Consumption Value (2019-2030) & (USD Million)
 Figure 22. ASEAN GNSS Correction Service Consumption Value (2019-2030) & (USD Million)
 Figure 23. India GNSS Correction Service Consumption Value (2019-2030) & (USD Million)
 Figure 24. Producer Shipments of GNSS Correction Service by Player Revenue ($MM) and Market Share (%): 2023
 Figure 25. Global Four-firm Concentration Ratios (CR4) for GNSS Correction Service Markets in 2023
 Figure 26. Global Four-firm Concentration Ratios (CR8) for GNSS Correction Service Markets in 2023
 Figure 27. United States VS China: GNSS Correction Service Revenue Market Share Comparison (2019 & 2023 & 2030)
 Figure 28. United States VS China: GNSS Correction Service Consumption Value Market Share Comparison (2019 & 2023 & 2030)
 Figure 29. World GNSS Correction Service Market Size by Type, (USD Million), 2019 & 2023 & 2030
 Figure 30. World GNSS Correction Service Market Size Market Share by Type in 2023
 Figure 31. RTK
 Figure 32. RTK-PPP
 Figure 33. PPP
 Figure 34. World GNSS Correction Service Market Size Market Share by Type (2019-2030)
 Figure 35. World GNSS Correction Service Market Size by Application, (USD Million), 2019 & 2023 & 2030
 Figure 36. World GNSS Correction Service Market Size Market Share by Application in 2023
 Figure 37. Agriculture
 Figure 38. Construction
 Figure 39. GIS and Mapping
 Figure 40. Marine
 Figure 41. Others
 Figure 42. World GNSS Correction Service Market Size Market Share by Application (2019-2030)
 Figure 43. GNSS Correction Service Industrial Chain
 Figure 44. Methodology
 Figure 45. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Hexagon
Fugro
Oceaneering International, Inc
Trimble
UniStrong
Topcon
u-blox
Septentrio N.V.

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