(EMAILWIRE.COM, February 07, 2019 ) The Business Research Companys Market Research Services global market report, covers the year-on-year growth of the global Market Research Services market historic and forecast growth. It also includes chapters on the Market Research Services market trends, geographical analysis, and competitive landscape.
The global market research services market size is expected to reach around $230 Billion by 2022, significantly growing at a CAGR of around 4% during the forecast period.
Market Research Services Market Trends
The market research services market consists of the sales of market research services and related goods by entities (organizations, sole traders and partnerships) that plan, develop, create and manage activities for studying and analysing markets according to client specifications. The market research services market does not include legal services, accounting, and other major general professional services. Market research establishments undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client.
Market research companies are increasingly using advanced research technologies to generate consumer insights. For instance, eye tracking technology aids researchers in giving unbiased insights. This technology is used in studying consumer behaviour during shopping, wherein researchers can capture actual reaction and time spent gazing at a particular product or a group. Thus, eye tracking technology is helpful for gauging consumer reaction towards products, without any bias or errors.
The global Market Research Services market is primarily driven by rise in increase emerging markets growth, globalization and political opinion polls.
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The global Market Research Services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With increase in emerging markets growth, increasing focus on customer satisfaction and technological development, the global Market Research Services market is expected to increase in potential and scope. TBRCs report also covers the Market Research Services drivers and restraints in the market.
The global Market Research Services markets segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global Market Research Services market report are Nielsen Holdings plc, WPP PLC, Ipsos SA, GfK GROUP, Westat Inc.
About The Business Research Company:
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
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