5G Network Slicing Market 2020-2030 by Offering, Spectrum Band, Industry Vertical, End User, and Region: Trend Forecast and Growth Opportunity
- Report ID: 3527
- Date: Sep, 2021
- Pages: 160
- Category: ICT & Media
Global 5G network slicing market will reach $17.88 billion by 2030, growing by 40.9% annually over 2020-2030 despite the impact of COVID-19.
Highlighted with 90 tables and 80 figures, this 160-page report “Global 5G Network Slicing Market 2020-2030 by Offering, Spectrum Band, Industry Vertical, End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 5G network slicing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global 5G network slicing market in every aspect of the classification from perspectives of Offering, Spectrum Band, Industry Vertical, End User, and Region.
Based on offering, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
Hardware
• Antenna Tuners
• Switches
• Filters & Duplexers
• Phase Shifters
• Other Components
Solution
• Cloud Radio Access Network (CRAN)
• Software Defined Networking (SDN)
• Network Function Virtualization (NFV)
Service
• Professional Services
• Managed Services
Based on spectrum band, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• High Bands (> 24 GHz)
• Mid Bands (6-24 GHz)
• Low Bands (< 6 GHz)
Based on industry vertical, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Media and Entertainment
• Connected Vehicles
• Healthcare
• Industrial Manufacturing
• Intelligent Buildings & Smart Cities
• Energy & Utilities
• Public Safety and Surveillance
• Defense and Military
• Other Verticals
Based on end user, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Consumer
• Enterprise
• Government
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• RoW (Saudi Arabia, UAE, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Offering, Spectrum Band, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global 5G network slicing market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Cisco Systems Inc.
Deutsche Telekom AG
Huawei Technologies Co. Ltd.
Intel Corporation
Nokia Corporation
NTT DOCOMO Inc.
Samsung Electronics Co. Ltd.
SK Telecom Co. Ltd.
Telefonaktiebolaget LM Ericsson
Telefonica SA.
ZTE Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.2 Major Growth Drivers 21
2.3 Market Restraints and Challenges 26
2.4 Emerging Opportunities and Market Trends 29
2.5 Porter’s Fiver Forces Analysis 33
3 Segmentation of Global Market by Offering 37
3.1 Market Overview by Offering 37
3.2 Hardware 39
3.3 Solution 41
3.4 Service 43
3.4.1 Professional Services 44
3.4.2 Managed Services 45
4 Segmentation of Global Market by Spectrum Band 46
4.1 Market Overview by Spectrum Band 46
4.2 High Bands (> 24 GHz) 48
4.3 Mid Bands (6-24 GHz) 49
4.4 Low Bands (< 6 GHz) 50
5 Segmentation of Global Market by Industry Vertical 51
5.1 Market Overview by Industry Vertical 51
5.2 Media and Entertainment 53
5.3 Connected Vehicles 54
5.4 Healthcare 55
5.5 Industrial Manufacturing 56
5.6 Intelligent Buildings & Smart Cities 57
5.7 Energy & Utilities 58
5.8 Public Safety and Surveillance 59
5.9 Defense and Military 60
5.10 Other Verticals 61
6 Segmentation of Global Market by End User 62
6.1 Market Overview by End User 62
6.2 Consumer 64
6.3 Enterprise 65
6.4 Government 66
7 Segmentation of Global Market by Region 67
7.1 Geographic Market Overview 2019-2030 67
7.2 North America Market 2019-2030 by Country 71
7.2.1 Overview of North America Market 71
7.2.2 U.S. 75
7.2.3 Canada 79
7.2.4 Mexico 81
7.3 European Market 2019-2030 by Country 83
7.3.1 Overview of European Market 83
7.3.2 Germany 87
7.3.3 UK 89
7.3.4 France 91
7.3.5 Spain 93
7.3.6 Italy 95
7.3.7 Russia 97
7.3.8 Rest of European Market 99
7.4 Asia-Pacific Market 2019-2030 by Country 101
7.4.1 Overview of Asia-Pacific Market 101
7.4.2 Japan 105
7.4.3 China 108
7.4.4 Australia 110
7.4.5 India 112
7.4.6 South Korea 114
7.4.7 Rest of APAC Region 116
7.5 South America Market 2019-2030 by Country 118
7.5.1 Argentina 121
7.5.2 Brazil 123
7.5.3 Chile 125
7.5.4 Rest of South America Market 127
7.6 Rest of World Market 2019-2030 by Country 128
7.6.1 UAE 131
7.6.2 Saudi Arabia 133
7.6.3 South Africa 135
7.6.4 Other National Markets 137
8 Competitive Landscape 138
8.1 Overview of Key Vendors 138
8.2 New Product Launch, Partnership, Investment, and M&A 141
8.3 Company Profiles 142
Cisco Systems Inc. 142
Deutsche Telekom AG 144
Huawei Technologies Co. Ltd. 145
Intel Corporation 146
Nokia Corporation 147
NTT DOCOMO Inc. 148
Samsung Electronics Co. Ltd. 149
SK Telecom Co. Ltd. 150
Telefonaktiebolaget LM Ericsson 151
Telefonica SA. 152
ZTE Corporation 153
9 Investing in Global Market: Risk Assessment and Management 154
9.1 Risk Evaluation of Global Market 154
9.2 Critical Success Factors (CSFs) 157
Related Reports and Products 160
List of Tables
Table 1. Snapshot of Global 5G Network Slicing Market, 2019-2030 19Table 2. World Smartphone Connections, Average Network Connection Speed for Smartphones and Tablets, 2019-2030 24
Table 3. World Mobile Data Traffic by Deployment Mode, 2019-2030, EB/year 25
Table 4. World Mobile Data Traffic by Device, 2019-2030, EB/year 25
Table 5. Main Product Trends and Market Opportunities in Global 5G Network Slicing Market 29
Table 6. Global 5G Network Slicing Market by Offering, 2019-2030, $ bn 37
Table 7. Global 5G Network Slicing Market: Hardware by Component, 2019-2030, $ bn 40
Table 8. Global 5G Network Slicing Market: Solution by Technology, 2019-2030, $ bn 42
Table 9. Global 5G Network Slicing Market: Service by Type, 2019-2030, $ bn 43
Table 10. Global 5G Network Slicing Market: Professional Service by Type, 2019-2030, $ bn 44
Table 11. Global 5G Network Slicing Market: Managed Service by Type, 2019-2030, $ bn 45
Table 12. Global 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 46
Table 13. Global 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 51
Table 14. Global Market by End User, 2019-2030, $ bn 62
Table 15. Global 5G Network Slicing Market by Region, 2019-2030, $ bn 68
Table 16. Leading National 5G Network Slicing Market, 2019 and 2030, $ bn 70
Table 17. North America 5G Network Slicing Market by Country, 2019-2030, $ bn 73
Table 18. U.S. 5G Network Slicing Market by Offering, 2019-2030, $ bn 77
Table 19. U.S. 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 77
Table 20. U.S. 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 77
Table 21. Canada 5G Network Slicing Market by Offering, 2019-2030, $ bn 80
Table 22. Canada 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 80
Table 23. Canada 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 80
Table 24. Mexico 5G Network Slicing Market by Offering, 2019-2030, $ bn 82
Table 25. Mexico 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 82
Table 26. Mexico 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 82
Table 27. Europe 5G Network Slicing Market by Country, 2019-2030, $ bn 86
Table 28. Germany 5G Network Slicing Market by Offering, 2019-2030, $ bn 88
Table 29. Germany 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 88
Table 30. Germany 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 88
Table 31. UK 5G Network Slicing Market by Offering, 2019-2030, $ bn 90
Table 32. UK 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 90
Table 33. UK 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 90
Table 34. France 5G Network Slicing Market by Offering, 2019-2030, $ bn 92
Table 35. France 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 92
Table 36. France 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 92
Table 37. Spain 5G Network Slicing Market by Offering, 2019-2030, $ bn 94
Table 38. Spain 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 94
Table 39. Spain 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 94
Table 40. Italy 5G Network Slicing Market by Offering, 2019-2030, $ bn 96
Table 41. Italy 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 96
Table 42. Italy 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 96
Table 43. Russia 5G Network Slicing Market by Offering, 2019-2030, $ bn 98
Table 44. Russia 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 98
Table 45. Russia 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 98
Table 46. 5G Network Slicing Market in Rest of Europe by Country, 2019-2030, $ bn 100
Table 47. APAC 5G Network Slicing Market by Country, 2019-2030, $ bn 103
Table 48. Japan 5G Network Slicing Market by Offering, 2019-2030, $ bn 107
Table 49. Japan 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 107
Table 50. Japan 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 107
Table 51. China 5G Network Slicing Market by Offering, 2019-2030, $ bn 109
Table 52. China 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 109
Table 53. China 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 109
Table 54. Australia 5G Network Slicing Market by Offering, 2019-2030, $ bn 111
Table 55. Australia 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 111
Table 56. Australia 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 111
Table 57. India 5G Network Slicing Market by Offering, 2019-2030, $ bn 113
Table 58. India 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 113
Table 59. India 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 113
Table 60. South Korea 5G Network Slicing Market by Offering, 2019-2030, $ bn 115
Table 61. South Korea 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 115
Table 62. South Korea 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 115
Table 63. 5G Network Slicing Market in Rest of APAC by Country, 2019-2030, $ bn 117
Table 64. South America 5G Network Slicing Market by Country, 2019-2030, $ bn 120
Table 65. Argentina 5G Network Slicing Market by Offering, 2019-2030, $ bn 122
Table 66. Argentina 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 122
Table 67. Argentina 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 122
Table 68. Brazil 5G Network Slicing Market by Offering, 2019-2030, $ bn 124
Table 69. Brazil 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 124
Table 70. Brazil 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 124
Table 71. Chile 5G Network Slicing Market by Offering, 2019-2030, $ bn 126
Table 72. Chile 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 126
Table 73. Chile 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 126
Table 74. RoW 5G Network Slicing Market by Country, 2019-2030, $ bn 130
Table 75. UAE 5G Network Slicing Market by Offering, 2019-2030, $ bn 132
Table 76. UAE 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 132
Table 77. UAE 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 132
Table 78. Saudi Arabia 5G Network Slicing Market by Offering, 2019-2030, $ bn 134
Table 79. Saudi Arabia 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 134
Table 80. Saudi Arabia 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 134
Table 81. South Africa 5G Network Slicing Market by Offering, 2019-2030, $ bn 136
Table 82. South Africa 5G Network Slicing Market by Spectrum Band, 2019-2030, $ bn 136
Table 83. South Africa 5G Network Slicing Market by Industry Vertical, 2019-2030, $ bn 136
Table 84. Cisco Systems Inc.: Company Snapshot 142
Table 85. Cisco Systems Inc.: Business Segmentation 142
Table 86. Cisco Systems Inc.: Product Portfolio 143
Table 87. Cisco Systems Inc.: Revenue, 2016-2018, $ bn 143
Table 88. Cisco Systems Inc.: Recent Developments 143
Table 89. Risk Evaluation for Investing in Global Market, 2019-2030 155
Table 90. Critical Success Factors and Key Takeaways 158
List of Figures
Figure 1. Research Method Flow Chart 12Figure 2. Breakdown of Primary Research 14
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 18
Figure 5. Global 5G Network Slicing Market, 2019-2030, $ bn 20
Figure 6. Primary Drivers and Impact Factors of Global 5G Network Slicing Market 21
Figure 7. World 5G Traffic, 2019-2030, EB/year 24
Figure 8. Primary Restraints and Impact Factors of Global 5G Network Slicing Market 26
Figure 9. Investment Opportunity Analysis 30
Figure 10. Porter’s Fiver Forces Analysis of Global 5G Network Slicing Market 33
Figure 11. Breakdown of Global 5G Network Slicing Market by Offering, 2019-2030, % of Revenue 37
Figure 12. Global Addressable Market Cap in 2020-2030 by Offering, Value ($ bn) and Share (%) 38
Figure 13. Global 5G Network Slicing Market: Hardware, 2019-2030, $ bn 39
Figure 14. Global 5G Network Slicing Market: Solution, 2019-2030, $ bn 41
Figure 15. Global 5G Network Slicing Market: Service, 2019-2030, $ bn 43
Figure 16. Global 5G Network Slicing Market: Professional Services, 2019-2030, $ bn 44
Figure 17. Global 5G Network Slicing Market: Managed Services, 2019-2030, $ bn 45
Figure 18. Breakdown of Global 5G Network Slicing Market by Spectrum Band, 2019-2030, % of Sales Revenue 46
Figure 19. Global Addressable Market Cap in 2020-2030 by Spectrum Band, Value ($ bn) and Share (%) 47
Figure 20. Global 5G Network Slicing Market: High Bands (> 24 GHz), 2019-2030, $ bn 48
Figure 21. Global 5G Network Slicing Market: Mid Bands (6-24 GHz), 2019-2030, $ bn 49
Figure 22. Global 5G Network Slicing Market: Low Bands (< 6 GHz), 2019-2030, $ bn 50
Figure 23. Breakdown of Global 5G Network Slicing Market by Industry Vertical, 2019-2030, % of Sales Revenue 51
Figure 24. Global Addressable Market Cap in 2020-2030 by Industry Vertical, Value ($ bn) and Share (%) 52
Figure 25. Global 5G Network Slicing Market: Media and Entertainment, 2019-2030, $ bn 53
Figure 26. Global 5G Network Slicing Market: Connected Vehicles, 2019-2030, $ bn 54
Figure 27. Global 5G Network Slicing Market: Healthcare, 2019-2030, $ bn 55
Figure 28. Global 5G Network Slicing Market: Industrial Manufacturing, 2019-2030, $ bn 56
Figure 29. Global 5G Network Slicing Market: Intelligent Buildings & Smart Cities, 2019-2030, $ bn 57
Figure 30. Global 5G Network Slicing Market: Energy & Utilities, 2019-2030, $ bn 58
Figure 31. Global 5G Network Slicing Market: Public Safety and Surveillance, 2019-2030, $ bn 59
Figure 32. Global 5G Network Slicing Market: Defense and Military, 2019-2030, $ bn 60
Figure 33. Global 5G Network Slicing Market: Other Verticals, 2019-2030, $ bn 61
Figure 34. Breakdown of Global Market by End User, 2019-2030, % of Revenue 62
Figure 35. Global Addressable Market Cap in 2020-2030 by End User, Value ($ bn) and Share (%) 63
Figure 36. Global 5G Network Slicing Market: Consumer, 2019-2030, $ bn 64
Figure 37. Global 5G Network Slicing Market: Enterprise, 2019-2030, $ bn 65
Figure 38. Global 5G Network Slicing Market: Government, 2019-2030, $ bn 66
Figure 39. Global Market Snapshot by Region 67
Figure 40. Geographic Spread of Worldwide 5G Network Slicing Market, 2019-2030, % of Sales Revenue 68
Figure 41. Global Addressable Market Cap in 2020-2030 by Region, Value ($ bn) and Share (%) 69
Figure 42. North American 5G Network Slicing Market, 2019-2030, $ bn 72
Figure 43. Breakdown of North America 5G Network Slicing Market by Country, 2019 and 2030, % of Revenue 73
Figure 44. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 74
Figure 45. U.S. 5G Network Slicing Market, 2019-2030, $ bn 76
Figure 46. Canada 5G Network Slicing Market, 2019-2030, $ bn 79
Figure 47. 5G Network Slicing Market in Mexico, 2015-2026, $ bn 81
Figure 48. European 5G Network Slicing Market, 2019-2030, $ bn 84
Figure 49. Breakdown of European 5G Network Slicing Market by Country, 2019 and 2030, % of Revenue 85
Figure 50. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 86
Figure 51. 5G Network Slicing Market in Germany, 2019-2030, $ bn 87
Figure 52. 5G Network Slicing Market in UK, 2019-2030, $ bn 89
Figure 53. 5G Network Slicing Market in France, 2019-2030, $ bn 91
Figure 54. 5G Network Slicing Market in Spain, 2019-2030, $ bn 93
Figure 55. 5G Network Slicing Market in Italy, 2019-2030, $ bn 95
Figure 56. 5G Network Slicing Market in Russia, 2019-2030, $ bn 97
Figure 57. 5G Network Slicing Market in Rest of Europe, 2019-2030, $ bn 99
Figure 58. Asia-Pacific 5G Network Slicing Market, 2019-2030, $ bn 102
Figure 59. Breakdown of APAC 5G Network Slicing Market by Country, 2019 and 2030, % of Revenue 102
Figure 60. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 104
Figure 61. 5G Network Slicing Market in Japan, 2019-2030, $ bn 106
Figure 62. 5G Network Slicing Market in China, 2019-2030, $ bn 108
Figure 63. 5G Network Slicing Market in Australia, 2019-2030, $ bn 110
Figure 64. 5G Network Slicing Market in India, 2019-2030, $ bn 112
Figure 65. 5G Network Slicing Market in South Korea, 2019-2030, $ bn 114
Figure 66. 5G Network Slicing Market in Rest of APAC, 2019-2030, $ bn 116
Figure 67. South America 5G Network Slicing Market, 2019-2030, $ bn 119
Figure 68. Breakdown of South America 5G Network Slicing Market by Country, 2019 and 2030, % of Revenue 119
Figure 69. Contribution to South America 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 120
Figure 70. 5G Network Slicing Market in Argentina, 2019-2030, $ bn 121
Figure 71. 5G Network Slicing Market in Brazil, 2019-2030, $ bn 123
Figure 72. 5G Network Slicing Market in Chile, 2019-2030, $ bn 125
Figure 73. 5G Network Slicing Market in Rest of South America, 2019-2030, $ bn 127
Figure 74. 5G Network Slicing Market in Rest of the World (RoW), 2019-2030, $ bn 129
Figure 75. Breakdown of RoW 5G Network Slicing Market by Country, 2019 and 2030, % of Revenue 129
Figure 76. Contribution to RoW 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%) 130
Figure 77. 5G Network Slicing Market in UAE, 2019-2030, $ bn 131
Figure 78. 5G Network Slicing Market in Saudi Arabia, 2019-2030, $ bn 133
Figure 79. 5G Network Slicing Market in South Africa, 2019-2030, $ bn 135
Figure 80. Growth Stage of Global 5G Network Slicing Industry over the Forecast Period 138
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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