Surveys help collect firsthand information from consumers about their preferences and behaviors.
Competitor analysis allows businesses to identify market gaps and differentiate their offerings effectively.
The compound annual growth rate (CAGR) is a key metric used to measure consistent market growth over time.
SWOT analysis helps businesses identify strengths, weaknesses, opportunities, and threats for strategic planning.
Accurate data ensures reliable decision-making, reducing the risk of errors in business strategies.
Market analysis helps businesses understand industry trends, customer behavior, and competitive positioning.