Key Insights
The global dropshipping market, valued at $337.46 million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 22.06% from 2025 to 2033. This expansion is fueled by several key factors. The increasing accessibility of e-commerce platforms like Shopify and the proliferation of readily available dropshipping integrations significantly lower the barrier to entry for entrepreneurs, fostering market growth. Furthermore, evolving consumer preferences for online shopping, particularly among younger demographics, and the convenience offered by dropshipping – eliminating the need for inventory management – are powerful drivers. The diverse range of product categories available through dropshipping, spanning toys, hobby supplies, furniture, electronics, fashion, and personal care items, caters to a broad consumer base and expands market potential. While challenges remain, such as competition from established e-commerce businesses and potential logistical complexities associated with managing international supply chains, the overall market trajectory indicates a sustained period of significant growth.
Geographic distribution reveals a dynamic landscape. The Asia-Pacific region, particularly China and India, is expected to dominate the market owing to its large and rapidly growing e-commerce sector and manufacturing capabilities. North America and Europe will also contribute substantially to market revenue, although at potentially a slower growth rate than the Asia-Pacific region. This disparity in regional growth is likely due to differing levels of e-commerce adoption and existing market saturation. The continued expansion of reliable and affordable shipping solutions will be crucial in driving growth in regions further from key manufacturing hubs. The long-term outlook for the dropshipping market remains positive, driven by sustained technological advancements, evolving consumer behaviour and increasing entrepreneurial activity in the e-commerce space.

Global Dropshipping Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the global dropshipping market, encompassing market dynamics, growth trends, regional performance, key players, and future outlook. The study period covers 2019-2033, with 2025 as the base and estimated year. This report is invaluable for businesses, investors, and industry professionals seeking to understand and capitalize on the opportunities within this rapidly evolving sector. The report meticulously examines the parent market of e-commerce and the child market segments of dropshipping, offering granular insights into various product categories.
Global Dropshipping Market Dynamics & Structure
The global dropshipping market exhibits a moderately fragmented structure, with several major players vying for market share. Market concentration is expected to increase slightly by 2033 due to consolidation and mergers and acquisitions (M&A). Technological innovation, particularly in areas like AI-powered inventory management and automated order fulfillment, is a key driver. Regulatory frameworks, including data privacy regulations and cross-border trade policies, significantly influence market operations. Competitive pressures from traditional retail and other e-commerce models necessitate continuous adaptation. End-user demographics are shifting towards younger, tech-savvy consumers who favor convenience and personalized experiences.
- Market Concentration: XX% in 2025, projected to reach XX% by 2033.
- M&A Activity: An estimated XX deals in the last five years, with an upward trend predicted.
- Innovation Barriers: High initial investment costs for technology integration, lack of skilled workforce, and regulatory complexities.
- Major Product Substitutes: Traditional retail, wholesale models, and other e-commerce platforms.
Global Dropshipping Market Growth Trends & Insights
The global dropshipping market experienced significant growth during the historical period (2019-2024), driven by the increasing adoption of e-commerce and the convenience offered by dropshipping models. This trend is expected to continue throughout the forecast period (2025-2033). The market size reached XX million units in 2024 and is projected to reach XX million units by 2033, exhibiting a CAGR of XX%. Technological disruptions, such as the rise of social commerce and mobile-first shopping experiences, are further fueling market expansion. Consumer behavior shifts towards online shopping and preference for personalized products are also contributing factors. Market penetration is steadily increasing, particularly in developing economies.

Dominant Regions, Countries, or Segments in Global Dropshipping Market
The North American region currently holds the largest market share in the global dropshipping market, followed by Europe and Asia-Pacific. However, Asia-Pacific is projected to experience the fastest growth rate during the forecast period due to expanding e-commerce infrastructure and increasing internet penetration. Within product segments, the Fashion segment is the leading contributor, driven by high consumer demand and diverse product offerings.
- North America: High market maturity, strong e-commerce infrastructure, and high consumer spending. Market share XX% in 2025.
- Asia-Pacific: Rapid growth potential, driven by increasing internet penetration and rising disposable incomes. Market share XX% in 2025.
- Europe: Mature market, with steady growth driven by increasing online shopping adoption. Market share XX% in 2025.
- Fashion Segment Drivers: High demand, diverse product variety, and relatively lower entry barriers for dropshipping businesses.
- Toys, Hobby & DIY: Growing interest in personalized and unique products.
Global Dropshipping Market Product Landscape
The dropshipping product landscape is characterized by a wide range of offerings, spanning from consumer electronics and apparel to home goods and personal care items. Product innovation focuses on customization, personalization, and unique designs to cater to evolving consumer preferences. Technological advancements in areas such as 3D printing and AI-powered design tools are transforming product development and enabling the creation of niche products. Unique selling propositions often center on fast delivery, convenient returns, and personalized customer experiences.
Key Drivers, Barriers & Challenges in Global Dropshipping Market
Key Drivers:
- Increasing e-commerce adoption.
- Rising consumer preference for convenience and online shopping.
- Technological advancements in e-commerce platforms and logistics.
- Growing availability of dropshipping services and platforms.
Key Challenges:
- Intense competition from established retailers and other online marketplaces.
- Supply chain disruptions and logistics complexities.
- Difficulty in managing inventory and order fulfillment effectively.
- Regulatory hurdles and compliance requirements related to cross-border trade and data privacy. This impact is estimated to reduce market growth by XX% annually.
Emerging Opportunities in Global Dropshipping Market
- Untapped markets in developing economies.
- Expansion into niche product categories with high demand and low competition.
- Integration of augmented reality (AR) and virtual reality (VR) technologies to enhance customer experience.
- Leveraging social media platforms for marketing and sales.
Growth Accelerators in the Global Dropshipping Market Industry
Strategic partnerships between dropshipping platforms and logistics providers will enhance efficiency and speed of delivery. Technological innovations in AI-powered inventory management and order fulfillment will optimize operations and reduce costs. Expansion into new geographical markets, particularly in developing economies, will unlock significant growth potential.
Key Players Shaping the Global Dropshipping Market Market
- AliExpress
- Modalyst
- Printful
- Doba
- Spocket
- Shopify
- Dropified
- Alibaba
- SaleHoo
- Oberlo
- 6 3 Other Companies
Notable Milestones in Global Dropshipping Market Sector
- 2020, Q4: Significant increase in dropshipping adoption due to the COVID-19 pandemic.
- 2021, Q1: Launch of several new dropshipping platforms with enhanced features.
- 2022, Q3: Increased focus on sustainable and ethical sourcing practices among dropshipping businesses.
- 2023, Q2: Several major mergers and acquisitions among dropshipping companies.
In-Depth Global Dropshipping Market Market Outlook
The global dropshipping market is poised for continued growth over the next decade, driven by the persistent growth of e-commerce and the increasing demand for convenience and personalized products. Strategic opportunities exist for businesses that can leverage technological advancements, forge strong partnerships, and adapt to the ever-evolving consumer landscape. The market’s potential is significant, especially in untapped markets and emerging technological domains. Continued innovation in logistics and supply chain management will be crucial to sustaining long-term growth.
Global Dropshipping Market Segmentation
-
1. Product
- 1.1. Toys
- 1.2. Hobby & DIY
- 1.3. Furniture & Appliances
- 1.4. Food & Personal Care
- 1.5. Electronics & Media
- 1.6. Fashion
Global Dropshipping Market Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. Rest of Asia Pacific
-
2. North America
- 2.1. United States
- 2.2. Canada
- 2.3. Mexico
-
3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. France
- 3.4. Italy
- 3.5. Benelux Countries
- 3.6. Rest of Europe
-
4. South America
- 4.1. Brazil
- 4.2. Argentina
- 4.3. Rest of South America
-
5. Middle East and Africa
- 5.1. Saudi Arabia
- 5.2. South Africa
- 5.3. Rest of Middle East and Africa

Global Dropshipping Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 22.06% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Increasing International Trade Driving the Market4.; Increasing online users driving the market
- 3.3. Market Restrains
- 3.3.1. 4.; Regulatory Compliance Affecting the Market4.; High Competition in the Market
- 3.4. Market Trends
- 3.4.1. Immense Growth is Projected for the Electronics and Media Segment
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product
- 5.1.1. Toys
- 5.1.2. Hobby & DIY
- 5.1.3. Furniture & Appliances
- 5.1.4. Food & Personal Care
- 5.1.5. Electronics & Media
- 5.1.6. Fashion
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1. Asia Pacific
- 5.2.2. North America
- 5.2.3. Europe
- 5.2.4. South America
- 5.2.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Product
- 6. Asia Pacific Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Product
- 6.1.1. Toys
- 6.1.2. Hobby & DIY
- 6.1.3. Furniture & Appliances
- 6.1.4. Food & Personal Care
- 6.1.5. Electronics & Media
- 6.1.6. Fashion
- 6.1. Market Analysis, Insights and Forecast - by Product
- 7. North America Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Product
- 7.1.1. Toys
- 7.1.2. Hobby & DIY
- 7.1.3. Furniture & Appliances
- 7.1.4. Food & Personal Care
- 7.1.5. Electronics & Media
- 7.1.6. Fashion
- 7.1. Market Analysis, Insights and Forecast - by Product
- 8. Europe Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Product
- 8.1.1. Toys
- 8.1.2. Hobby & DIY
- 8.1.3. Furniture & Appliances
- 8.1.4. Food & Personal Care
- 8.1.5. Electronics & Media
- 8.1.6. Fashion
- 8.1. Market Analysis, Insights and Forecast - by Product
- 9. South America Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Product
- 9.1.1. Toys
- 9.1.2. Hobby & DIY
- 9.1.3. Furniture & Appliances
- 9.1.4. Food & Personal Care
- 9.1.5. Electronics & Media
- 9.1.6. Fashion
- 9.1. Market Analysis, Insights and Forecast - by Product
- 10. Middle East and Africa Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Product
- 10.1.1. Toys
- 10.1.2. Hobby & DIY
- 10.1.3. Furniture & Appliances
- 10.1.4. Food & Personal Care
- 10.1.5. Electronics & Media
- 10.1.6. Fashion
- 10.1. Market Analysis, Insights and Forecast - by Product
- 11. Asia Pacific Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1 China
- 11.1.2 India
- 11.1.3 Japan
- 11.1.4 South Korea
- 11.1.5 Rest of Asia Pacific
- 12. North America Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1 United States
- 12.1.2 Canada
- 12.1.3 Mexico
- 13. Europe Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1 Germany
- 13.1.2 United Kingdom
- 13.1.3 France
- 13.1.4 Italy
- 13.1.5 Benelux Countries
- 13.1.6 Rest of Europe
- 14. South America Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 14.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 14.1.1 Brazil
- 14.1.2 Argentina
- 14.1.3 Rest of South America
- 15. Middle East and Africa Global Dropshipping Market Analysis, Insights and Forecast, 2019-2031
- 15.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 15.1.1 Saudi Arabia
- 15.1.2 South Africa
- 15.1.3 Rest of Middle East and Africa
- 16. Competitive Analysis
- 16.1. Market Share Analysis 2024
- 16.2. Company Profiles
- 16.2.1 AliExpress
- 16.2.1.1. Overview
- 16.2.1.2. Products
- 16.2.1.3. SWOT Analysis
- 16.2.1.4. Recent Developments
- 16.2.1.5. Financials (Based on Availability)
- 16.2.2 Modalyst
- 16.2.2.1. Overview
- 16.2.2.2. Products
- 16.2.2.3. SWOT Analysis
- 16.2.2.4. Recent Developments
- 16.2.2.5. Financials (Based on Availability)
- 16.2.3 Printful
- 16.2.3.1. Overview
- 16.2.3.2. Products
- 16.2.3.3. SWOT Analysis
- 16.2.3.4. Recent Developments
- 16.2.3.5. Financials (Based on Availability)
- 16.2.4 Doba
- 16.2.4.1. Overview
- 16.2.4.2. Products
- 16.2.4.3. SWOT Analysis
- 16.2.4.4. Recent Developments
- 16.2.4.5. Financials (Based on Availability)
- 16.2.5 Spocket
- 16.2.5.1. Overview
- 16.2.5.2. Products
- 16.2.5.3. SWOT Analysis
- 16.2.5.4. Recent Developments
- 16.2.5.5. Financials (Based on Availability)
- 16.2.6 Shopify
- 16.2.6.1. Overview
- 16.2.6.2. Products
- 16.2.6.3. SWOT Analysis
- 16.2.6.4. Recent Developments
- 16.2.6.5. Financials (Based on Availability)
- 16.2.7 Dropified
- 16.2.7.1. Overview
- 16.2.7.2. Products
- 16.2.7.3. SWOT Analysis
- 16.2.7.4. Recent Developments
- 16.2.7.5. Financials (Based on Availability)
- 16.2.8 Alibaba**List Not Exhaustive 6 3 Other Companie
- 16.2.8.1. Overview
- 16.2.8.2. Products
- 16.2.8.3. SWOT Analysis
- 16.2.8.4. Recent Developments
- 16.2.8.5. Financials (Based on Availability)
- 16.2.9 SaleHoo
- 16.2.9.1. Overview
- 16.2.9.2. Products
- 16.2.9.3. SWOT Analysis
- 16.2.9.4. Recent Developments
- 16.2.9.5. Financials (Based on Availability)
- 16.2.10 Oberlo
- 16.2.10.1. Overview
- 16.2.10.2. Products
- 16.2.10.3. SWOT Analysis
- 16.2.10.4. Recent Developments
- 16.2.10.5. Financials (Based on Availability)
- 16.2.1 AliExpress
List of Figures
- Figure 1: Global Dropshipping Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Global Dropshipping Market Share (%) by Company 2024
List of Tables
- Table 1: Global Dropshipping Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Dropshipping Market Revenue Million Forecast, by Product 2019 & 2032
- Table 3: Global Dropshipping Market Revenue Million Forecast, by Region 2019 & 2032
- Table 4: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 5: China Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 6: India Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Japan Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: South Korea Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Rest of Asia Pacific Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 11: United States Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Canada Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Mexico Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 15: Germany Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: United Kingdom Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 17: France Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Italy Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: Benelux Countries Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Rest of Europe Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Brazil Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: Argentina Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Rest of South America Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 26: Saudi Arabia Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 27: South Africa Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 28: Rest of Middle East and Africa Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 29: Global Dropshipping Market Revenue Million Forecast, by Product 2019 & 2032
- Table 30: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 31: China Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: India Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 33: Japan Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: South Korea Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 35: Rest of Asia Pacific Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: Global Dropshipping Market Revenue Million Forecast, by Product 2019 & 2032
- Table 37: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 38: United States Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 39: Canada Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: Mexico Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 41: Global Dropshipping Market Revenue Million Forecast, by Product 2019 & 2032
- Table 42: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 43: Germany Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: United Kingdom Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 45: France Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Italy Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 47: Benelux Countries Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Rest of Europe Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 49: Global Dropshipping Market Revenue Million Forecast, by Product 2019 & 2032
- Table 50: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 51: Brazil Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Argentina Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 53: Rest of South America Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Global Dropshipping Market Revenue Million Forecast, by Product 2019 & 2032
- Table 55: Global Dropshipping Market Revenue Million Forecast, by Country 2019 & 2032
- Table 56: Saudi Arabia Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 57: South Africa Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 58: Rest of Middle East and Africa Global Dropshipping Market Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Global Dropshipping Market?
The projected CAGR is approximately 22.06%.
2. Which companies are prominent players in the Global Dropshipping Market?
Key companies in the market include AliExpress, Modalyst, Printful, Doba, Spocket, Shopify, Dropified, Alibaba**List Not Exhaustive 6 3 Other Companie, SaleHoo, Oberlo.
3. What are the main segments of the Global Dropshipping Market?
The market segments include Product.
4. Can you provide details about the market size?
The market size is estimated to be USD 337.46 Million as of 2022.
5. What are some drivers contributing to market growth?
4.; Increasing International Trade Driving the Market4.; Increasing online users driving the market.
6. What are the notable trends driving market growth?
Immense Growth is Projected for the Electronics and Media Segment.
7. Are there any restraints impacting market growth?
4.; Regulatory Compliance Affecting the Market4.; High Competition in the Market.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Global Dropshipping Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Global Dropshipping Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Global Dropshipping Market?
To stay informed about further developments, trends, and reports in the Global Dropshipping Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence