The market opportunity analysis services provided by SG Analytics includes a thorough understanding of potential markets, enabling them to make informed and strategic decisions that drive growth and success. Our process involves data-driven insights to make strategic decisions about market entry and growth, a risk mitigation method to help clients to identify and mitigate potential risks, increasing the likelihood of successful market entry. We also provide competitive advantage by identifying gaps and opportunities in the market that can be leveraged for competitive advantage. Additionally, customer alignment includes assessing their product and service offerings as per the business needs & requirements, enhancing satisfaction and loyalty for better positioning in the market. For example, SG Analytics did a detailed market analysis... Read More
Our primary focus on market opportunity consulting services is to provide strategic advice and actionable plans for market entry or expansion and provide hands-on support and expertise to implement and optimize strategies. This helps clients identify market opportunities, including detailed planning and implementation support. Under strategic planning, we develop long-term and short-term market entry or expansion strategies and craft go-to-market plans and business development strategies. We also leverage primary surveys and interviews done by SG Analytics' primary team to fill the market analysis gap and to provide holistic solutions that integrate different aspects of the business.
SG Analytics assesses market size by determining the TAM, serviceable available market (SAM), and SOM. We evaluate growth rates by analyzing historical data and projections to understand market growth trends and potential future expansion. Market trends are part of our sizing studies which are done by analyzing key trends, such as technological advancements, regulatory changes, and shifts in consumer behavior. Also, competitive analysis is provided by evaluating the landscape, including the strengths and weaknesses of current and potential competitors. For example, we did a detailed market sizing and assessment project for one of the consulting firms for their business collaboration platform.
SG Analytics provides customer segmentation assessment by identifying and profiling different customer segments based on demographics, behaviors, and needs. We understand the unmet needs and pain points and service gaps of target customers to identify opportunities for differentiation. For companies seeking customer insights, SG Analytics also provides vendor and customer benchmarking to assess the market opportunities.
SG Analytics uses the SWOT analysis for market opportunity, for example in strengths and weaknesses, we assess the internal strengths and weaknesses of the client’s business related to the market opportunities and for opportunities and threats we identify external opportunities and threats that could impact the client’s market position.
Our market opportunity assessment includes understanding of economic factors by analyzing macroeconomic conditions along with economic, social, and technological factors that could affect market potential, such as economic growth rates and consumer spending patterns. Additionally provide regulatory environment analysis by understanding relevant regulations and compliance requirements that may influence market entry and operations.
We provide market entry barriers in our market assessment by identifying barriers to entry, such as high capital requirements, stringent regulations, and established competitors, along with risk analysis by evaluating potential risks and developing mitigation strategies to address them. To overcome these barriers, we provide go-to-market strategy that includes positioning, pricing, distribution channels, and promotional tactics and actionable recommendations such as partnership models, pricing strategies, and distribution channels for entering or expanding in the market.
Full Service
End-to end project scoping and execution
Domain Expertise
B2B, B2C expertise across technology, financial services, healthcare, consumer goods, etc.
Global Panel Access
75+ markets across Americas, EMEA, Asia-Pacific, and Middle East
Digital Approach
Fast and accurate
Technology First
Industry leading tools and software
Premium Quality
Multi-modal quality assurance
Flexible Engagement
Ad-hoc, long-term contract, FTE models
Multilingual
40+ global languages
Transparency
100% recordings and live barge-in facility
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CASE STUDIES