Automotive Telematics Market 2020-2030 by Product Type (Embedded, Integrated, Tethered), Application, Vehicle Type (Passenger, Commercial), Business Model (B2C, B2P, B2B), Distribution and Region: Trend Forecast and Growth Opportunity
- Report ID: 3442
- Date: Sep, 2021
- Pages: 167
- Category: Automotive & Transportation
Global automotive smart key market will reach $355.98 billion by 2030, growing by 16.8% annually over 2020-2030 driven by technological advancements, rising electrification in automobiles, and the increasing use of automotive electronics.
Highlighted with 83 tables and 84 figures, this 167-page report “Global Automotive Telematics Market 2020-2030 by Product Type (Embedded, Integrated, Tethered), Application, Vehicle Type (Passenger, Commercial), Business Model (B2C, B2P, B2B), Distribution and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global automotive smart key market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2015-2020 and provides forecast from 2021 till 2030 with 2020 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global automotive smart key market in every aspect of the classification from perspectives of Product Type, Application, Vehicle Type, Business Model, Distribution, and Region.
Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.
• Embedded Devices
• Integrated Smartphones
• Tethered Devices
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.
• Fleet/Asset Management
• Navigation & Location Based System
• Infotainment System
• Insurance Telematics
• Safety & Security
• V2X
• Other Applications
Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Two-Wheelers
Based on Business Model, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.
• Business-to-Consumer (B2C) Telematics
• Business-to-Product (B2P) Telematics
• Business-to-Business (B2B) Telematics
Based on Distribution, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2020-2030 included in each section.
• OEM
• Replacement
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, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2020-2030. The breakdown of all regional markets by country and split of key national markets by Product Type, Application, and Vehicle Type 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 automotive smart key 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):
Agero Inc.
Airbiquity Inc.
CARTRACK
Continental AG
Harman International Industries Inc.
I.D.Systems Inc.
Masternaut Limited
MiX Telematics
Omnitracs
Teletrac Navman
TomTom Telematics B.V
Trimble Inc.
VERIZON
(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 Introduction 8
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 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter’s Fiver Forces Analysis 39
3 Segmentation of Global Market by Product Type 43
3.1 Market Overview by Product Type 43
3.2 Embedded Devices 45
3.3 Integrated Smartphones 46
3.4 Tethered Devices 47
4 Segmentation of Global Market by Application 48
4.1 Market Overview by Application 48
4.2 Fleet/Asset Management 50
4.3 Navigation & Location Based System 51
4.4 Infotainment System 52
4.5 Insurance Telematics 53
4.6 Safety & Security 54
4.7 V2X 55
4.8 Other Applications 56
5 Segmentation of Global Market by Vehicle Type 57
5.1 Market Overview by Vehicle Type 57
5.2 Passenger Cars 59
5.3 Light Commercial Vehicles 60
5.4 Heavy Commercial Vehicles 61
5.5 Two-Wheelers 62
6 Segmentation of Global Market by Business Model 63
6.1 Market Overview by Business Model 63
6.2 Business-to-Consumer (B2C) Telematics 65
6.3 Business-to-Product (B2P) Telematics 66
6.4 Business-to-Business (B2B) Telematics 67
7 Segmentation of Global Market by Distribution 68
7.1 Market Overview by Distribution 68
7.2 OEM 70
7.3 Replacement 71
8 Segmentation of Global Market by Region 72
8.1 Geographic Market Overview 2020-2030 72
8.2 North America Market 2020-2030 by Country 76
8.2.1 Overview of North America Market 76
8.2.2 U.S. 80
8.2.3 Canada 84
8.2.4 Mexico 86
8.3 European Market 2020-2030 by Country 88
8.3.1 Overview of European Market 88
8.3.2 Germany 92
8.3.3 UK 94
8.3.4 France 96
8.3.5 Spain 98
8.3.6 Italy 100
8.3.7 Russia 102
8.3.8 Rest of European Market 104
8.4 Asia-Pacific Market 2020-2030 by Country 106
8.4.1 Overview of Asia-Pacific Market 106
8.4.2 Japan 110
8.4.3 China 113
8.4.4 Australia 115
8.4.5 India 117
8.4.6 South Korea 119
8.4.7 Rest of APAC Region 121
8.5 South America Market 2020-2030 by Country 123
8.5.1 Argentina 126
8.5.2 Brazil 128
8.5.3 Chile 130
8.5.4 Rest of South America Market 132
8.6 MEA Market 2020-2030 by Country 133
8.6.1 UAE 136
8.6.2 Saudi Arabia 138
8.6.3 South Africa 140
8.6.4 Other National Markets 142
9 Competitive Landscape 143
9.1 Overview of Key Vendors 143
9.2 New Product Launch, Partnership, Investment, and M&A 146
9.3 Company Profiles 147
Agero Inc. 147
Airbiquity Inc. 149
CARTRACK 150
Continental AG 151
Harman International Industries Inc. 152
I.D.Systems Inc. 153
Masternaut Limited 154
MiX Telematics 155
Omnitracs 156
Teletrac Navman 157
TomTom Telematics B.V 158
Trimble Inc. 159
VERIZON 160
10 Investing in Global Market: Risk Assessment and Management 161
10.1 Risk Evaluation of Global Market 161
10.2 Critical Success Factors (CSFs) 164
Related Reports and Products 167
List of Tables
Table 1. Snapshot of Global Automotive Telematics Market in Balanced Perspective, 2020-2030 19Table 2. Growth Rate of World Real GDP, 2017-2021 23
Table 3. Main Product Trends and Market Opportunities in Global Automotive Telematics Market 35
Table 4. Global Automotive Telematics Market by Product Type, 2020-2030, $ mn 43
Table 5. Global Automotive Telematics Market by Application, 2020-2030, $ mn 48
Table 6. Global Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 57
Table 7. Global Automotive Telematics Market by Business Model, 2020-2030, $ mn 63
Table 8. Global Automotive Telematics Market by Distribution, 2020-2030, $ mn 68
Table 9. Global Automotive Telematics Market by Region, 2020-2030, $ mn 73
Table 10. Leading National Automotive Telematics Market, 2020 and 2030, $ mn 75
Table 11. North America Automotive Telematics Market by Country, 2020-2030, $ mn 78
Table 12. U.S. Automotive Telematics Market by Product Type, 2020-2030, $ mn 82
Table 13. U.S. Automotive Telematics Market by Application, 2020-2030, $ mn 82
Table 14. U.S. Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 82
Table 15. Canada Automotive Telematics Market by Product Type, 2020-2030, $ mn 85
Table 16. Canada Automotive Telematics Market by Application, 2020-2030, $ mn 85
Table 17. Canada Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 85
Table 18. Mexico Automotive Telematics Market by Product Type, 2020-2030, $ mn 87
Table 19. Mexico Automotive Telematics Market by Application, 2020-2030, $ mn 87
Table 20. Mexico Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 87
Table 21. Europe Automotive Telematics Market by Country, 2020-2030, $ mn 91
Table 22. Germany Automotive Telematics Market by Product Type, 2020-2030, $ mn 93
Table 23. Germany Automotive Telematics Market by Application, 2020-2030, $ mn 93
Table 24. Germany Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 93
Table 25. UK Automotive Telematics Market by Product Type, 2020-2030, $ mn 95
Table 26. UK Automotive Telematics Market by Application, 2020-2030, $ mn 95
Table 27. UK Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 95
Table 28. France Automotive Telematics Market by Product Type, 2020-2030, $ mn 97
Table 29. France Automotive Telematics Market by Application, 2020-2030, $ mn 97
Table 30. France Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 97
Table 31. Spain Automotive Telematics Market by Product Type, 2020-2030, $ mn 99
Table 32. Spain Automotive Telematics Market by Application, 2020-2030, $ mn 99
Table 33. Spain Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 99
Table 34. Italy Automotive Telematics Market by Product Type, 2020-2030, $ mn 101
Table 35. Italy Automotive Telematics Market by Application, 2020-2030, $ mn 101
Table 36. Italy Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 101
Table 37. Russia Automotive Telematics Market by Product Type, 2020-2030, $ mn 103
Table 38. Russia Automotive Telematics Market by Application, 2020-2030, $ mn 103
Table 39. Russia Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 103
Table 40. Automotive Telematics Market in Rest of Europe by Country, 2020-2030, $ mn 105
Table 41. APAC Automotive Telematics Market by Country, 2020-2030, $ mn 108
Table 42. Japan Automotive Telematics Market by Product Type, 2020-2030, $ mn 112
Table 43. Japan Automotive Telematics Market by Application, 2020-2030, $ mn 112
Table 44. Japan Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 112
Table 45. China Automotive Telematics Market by Product Type, 2020-2030, $ mn 114
Table 46. China Automotive Telematics Market by Application, 2020-2030, $ mn 114
Table 47. China Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 114
Table 48. Australia Automotive Telematics Market by Product Type, 2020-2030, $ mn 116
Table 49. Australia Automotive Telematics Market by Application, 2020-2030, $ mn 116
Table 50. Australia Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 116
Table 51. India Automotive Telematics Market by Product Type, 2020-2030, $ mn 118
Table 52. India Automotive Telematics Market by Application, 2020-2030, $ mn 118
Table 53. India Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 118
Table 54. South Korea Automotive Telematics Market by Product Type, 2020-2030, $ mn 120
Table 55. South Korea Automotive Telematics Market by Application, 2020-2030, $ mn 120
Table 56. South Korea Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 120
Table 57. Automotive Telematics Market in Rest of APAC by Country, 2020-2030, $ mn 122
Table 58. South America Automotive Telematics Market by Country, 2020-2030, $ mn 125
Table 59. Argentina Automotive Telematics Market by Product Type, 2020-2030, $ mn 127
Table 60. Argentina Automotive Telematics Market by Application, 2020-2030, $ mn 127
Table 61. Argentina Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 127
Table 62. Brazil Automotive Telematics Market by Product Type, 2020-2030, $ mn 129
Table 63. Brazil Automotive Telematics Market by Application, 2020-2030, $ mn 129
Table 64. Brazil Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 129
Table 65. Chile Automotive Telematics Market by Product Type, 2020-2030, $ mn 131
Table 66. Chile Automotive Telematics Market by Application, 2020-2030, $ mn 131
Table 67. Chile Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 131
Table 68. MEA Automotive Telematics Market by Country, 2020-2030, $ mn 135
Table 69. UAE Automotive Telematics Market by Product Type, 2020-2030, $ mn 137
Table 70. UAE Automotive Telematics Market by Application, 2020-2030, $ mn 137
Table 71. UAE Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 137
Table 72. Saudi Arabia Automotive Telematics Market by Product Type, 2020-2030, $ mn 139
Table 73. Saudi Arabia Automotive Telematics Market by Application, 2020-2030, $ mn 139
Table 74. Saudi Arabia Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 139
Table 75. South Africa Automotive Telematics Market by Product Type, 2020-2030, $ mn 141
Table 76. South Africa Automotive Telematics Market by Application, 2020-2030, $ mn 141
Table 77. South Africa Automotive Telematics Market by Vehicle Type, 2020-2030, $ mn 141
Table 78. Agero Inc.: Company Snapshot 147
Table 79. Agero Inc.: Business Segmentation 147
Table 80. Agero Inc.: Product Portfolio 148
Table 81. Agero Inc.: Revenue, 2017-2019, $ mn 148
Table 82. Risk Evaluation for Investing in Global Market, 2020-2030 162
Table 83. Critical Success Factors and Key Takeaways 165
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, 2020-2030 18
Figure 5. Global Automotive Telematics Market, 2020-2030, $ mn 21
Figure 6. Impact of COVID-19 on Business 25
Figure 7. Primary Drivers and Impact Factors of Global Automotive Telematics Market 27
Figure 8. World Autonomous Vehicle Market, 2019-2030, $ mn 30
Figure 9. World Advanced Driver Assistance Systems Market, 2019-2030, $ mn 30
Figure 10. World Electric Vehicle Market, 2019-2030, $ bn 31
Figure 11. Primary Restraints and Impact Factors of Global Automotive Telematics Market 32
Figure 12. Investment Opportunity Analysis 36
Figure 13. Porter’s Fiver Forces Analysis of Global Automotive Telematics Market 39
Figure 14. Breakdown of Global Automotive Telematics Market by Product Type, 2020-2030, % of Revenue 44
Figure 15. Global Addressable Market Cap in 2021-2030 by Product Type, Value ($ mn) and Share (%) 44
Figure 16. Global Automotive Telematics Market: Embedded Devices, 2020-2030, $ mn 45
Figure 17. Global Automotive Telematics Market: Integrated Smartphones, 2020-2030, $ mn 46
Figure 18. Global Automotive Telematics Market: Tethered Devices, 2020-2030, $ mn 47
Figure 19. Breakdown of Global Automotive Telematics Market by Application, 2020-2030, % of Sales Revenue 49
Figure 20. Global Addressable Market Cap in 2021-2030 by Application, Value ($ mn) and Share (%) 49
Figure 21. Global Automotive Telematics Market: Fleet/Asset Management, 2020-2030, $ mn 50
Figure 22. Global Automotive Telematics Market: Navigation & Location Based System, 2020-2030, $ mn 51
Figure 23. Global Automotive Telematics Market: Infotainment System, 2020-2030, $ mn 52
Figure 24. Global Automotive Telematics Market: Insurance Telematics, 2020-2030, $ mn 53
Figure 25. Global Automotive Telematics Market: Safety & Security, 2020-2030, $ mn 54
Figure 26. Global Automotive Telematics Market: V2X, 2020-2030, $ mn 55
Figure 27. Global Automotive Telematics Market: Other Applications, 2020-2030, $ mn 56
Figure 28. Breakdown of Global Automotive Telematics Market by Vehicle Type, 2020-2030, % of Sales Revenue 58
Figure 29. Global Addressable Market Cap in 2021-2030 by Vehicle Type, Value ($ mn) and Share (%) 58
Figure 30. Global Automotive Telematics Market: Passenger Cars, 2020-2030, $ mn 59
Figure 31. Global Automotive Telematics Market: Light Commercial Vehicles, 2020-2030, $ mn 60
Figure 32. Global Automotive Telematics Market: Heavy Commercial Vehicles, 2020-2030, $ mn 61
Figure 33. Global Automotive Telematics Market: Two-Wheelers, 2020-2030, $ mn 62
Figure 34. Breakdown of Global Automotive Telematics Market by Business Model, 2020-2030, % of Revenue 64
Figure 35. Global Addressable Market Cap in 2021-2030 by Business Model, Value ($ mn) and Share (%) 64
Figure 36. Global Automotive Telematics Market: Business-to-Consumer (B2C) Telematics, 2020-2030, $ mn 65
Figure 37. Global Automotive Telematics Market: Business-to-Product (B2P) Telematics, 2020-2030, $ mn 66
Figure 38. Global Automotive Telematics Market: Business-to-Business (B2B) Telematics, 2020-2030, $ mn 67
Figure 39. Breakdown of Global Automotive Telematics Market by Distribution, 2020-2030, % of Revenue 69
Figure 40. Global Addressable Market Cap in 2021-2030 by Distribution, Value ($ mn) and Share (%) 69
Figure 41. Global Automotive Telematics Market: OEM, 2020-2030, $ mn 70
Figure 42. Global Automotive Telematics Market: Replacement, 2020-2030, $ mn 71
Figure 43. Global Market Snapshot by Region 72
Figure 44. Geographic Spread of Worldwide Automotive Telematics Market, 2020-2030, % of Sales Revenue 73
Figure 45. Global Addressable Market Cap in 2021-2030 by Region, Value ($ mn) and Share (%) 74
Figure 46. North American Automotive Telematics Market, 2020-2030, $ mn 77
Figure 47. Breakdown of North America Automotive Telematics Market by Country, 2020 and 2030, % of Revenue 78
Figure 48. Contribution to North America 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 79
Figure 49. U.S. Automotive Telematics Market, 2020-2030, $ mn 81
Figure 50. Canada Automotive Telematics Market, 2020-2030, $ mn 84
Figure 51. Automotive Telematics Market in Mexico, 2015-2030, $ mn 86
Figure 52. European Automotive Telematics Market, 2020-2030, $ mn 89
Figure 53. Breakdown of European Automotive Telematics Market by Country, 2020 and 2030, % of Revenue 90
Figure 54. Contribution to Europe 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 91
Figure 55. Automotive Telematics Market in Germany, 2020-2030, $ mn 92
Figure 56. Automotive Telematics Market in UK, 2020-2030, $ mn 94
Figure 57. Automotive Telematics Market in France, 2020-2030, $ mn 96
Figure 58. Automotive Telematics Market in Spain, 2020-2030, $ mn 98
Figure 59. Automotive Telematics Market in Italy, 2020-2030, $ mn 100
Figure 60. Automotive Telematics Market in Russia, 2020-2030, $ mn 102
Figure 61. Automotive Telematics Market in Rest of Europe, 2020-2030, $ mn 104
Figure 62. Asia-Pacific Automotive Telematics Market, 2020-2030, $ mn 107
Figure 63. Breakdown of APAC Automotive Telematics Market by Country, 2020 and 2030, % of Revenue 107
Figure 64. Contribution to APAC 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 109
Figure 65. Automotive Telematics Market in Japan, 2020-2030, $ mn 111
Figure 66. Automotive Telematics Market in China, 2020-2030, $ mn 113
Figure 67. Automotive Telematics Market in Australia, 2020-2030, $ mn 115
Figure 68. Automotive Telematics Market in India, 2020-2030, $ mn 117
Figure 69. Automotive Telematics Market in South Korea, 2020-2030, $ mn 119
Figure 70. Automotive Telematics Market in Rest of APAC, 2020-2030, $ mn 121
Figure 71. South America Automotive Telematics Market, 2020-2030, $ mn 124
Figure 72. Breakdown of South America Automotive Telematics Market by Country, 2020 and 2030, % of Revenue 124
Figure 73. Contribution to South America 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 125
Figure 74. Automotive Telematics Market in Argentina, 2020-2030, $ mn 126
Figure 75. Automotive Telematics Market in Brazil, 2020-2030, $ mn 128
Figure 76. Automotive Telematics Market in Chile, 2020-2030, $ mn 130
Figure 77. Automotive Telematics Market in Rest of South America, 2020-2030, $ mn 132
Figure 78. Automotive Telematics Market in Middle East and Africa (MEA), 2020-2030, $ mn 134
Figure 79. Breakdown of MEA Automotive Telematics Market by Country, 2020 and 2030, % of Revenue 134
Figure 80. Contribution to MEA 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 135
Figure 81. Automotive Telematics Market in UAE, 2020-2030, $ mn 136
Figure 82. Automotive Telematics Market in Saudi Arabia, 2020-2030, $ mn 138
Figure 83. Automotive Telematics Market in South Africa, 2020-2030, $ mn 140
Figure 84. Growth Stage of Global Automotive Telematics Industry over the Forecast Period 143
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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