Research Methodology on Application Modernization Services Market
Introduction
The research process is an integral part of any research project and involves planning the methodology and implementation of the research, collecting and analysing data, interpreting the results, and disseminating the findings. The research methodology adopted for the research report titled “Application Modernization Services Market -- Global Forecast to 2030” is as follows.
Research Design
This research project uses a survey-based approach, collecting quantitative and qualitative data from both primary and secondary sources. The primary research data is obtained from interviews with leading industry experts and from online survey results. The secondary research sources include reports and journals from relevant industries and published online sources. The collected data is used both to develop an understanding of the application modernization services market, as well as its various competitors.
Data Collection Sources
Primary
Primary data for this research report is collected from opinion leaders in the application modernization services market, through both phone interviews and online surveys. These interviews aimed to collect information related to market size, trends, growth prospects, and competitive landscape. The questions used were based on the key research objectives.
Secondary
Various freely-available sources of secondary data are used in this project, these include reports and news items published in national and international publications; corporate websites; reports and publications from research foundations and private organizations; and the information published by national and international governments.
Quantitative Data Analysis
The collected data is analysed using descriptive statistics. Descriptive statistics are used to quantify the features and patterns of the researched market and ecosystem.
Financial Forecasting
The financial forecasting process involves estimating the periodical and annual revenues generated by the application modernization services market over a given time horizon, based on the collective information from historical trends and present growth models.
Qualitative Data Analysis
Qualitative data analysis is conducted using content analysis techniques. This involves coding the collected data into various categories and then identifying and exploring the key themes that emerged from the responses.
Sampling and Data Sources
The primary data sources for this research report consisted of opinion makers in the application modernization services market, chosen from a population of professionals with direct or indirect knowledge of the market. A stratified random sample of the population is chosen, with members to provide diverse insights into the market and its dynamics.
The secondary data used to develop an understanding of the application modernization services market is obtained from a range of sources, including market research reports, company documents, and industry publications.
Data Validation
The data collected on the application modernization services market is cross-checked and validated against several sources to ensure its accuracy and reliability. All inconsistencies are identified and corrected before using the data in the report.