Global Qualitative Data Analysis Software Market Overview:
Qualitative data analysis software helps to perform qualitative research, recursive abstraction, content analysis, transcription analysis, coding, text interpretation, discourse analysis, methodology analysis, etc. This software is equipped with tools to assist researchers in completing the range of tasks associated with the interpretation and analysis of qualitative data. With the rise in computing power and data collection abilities, this market is booming in the present.
Growth Drivers
- Increasing Demand from Institutions and Enterprises for Data Analysis
- Demand for Automation in Analysis Data for Efficiency and Effectiveness
Market Trends
- Availability of Customised Qualitative Data Analysis Software According to Clienst Requirement
- Rising Focus on Enterprise Solutions
Roadblocks
- The Rise in Coding Languages Like Python And R Hindering the Qualitative Data Analysis Software Market
Opportunities
- The Rise in Demand for Enterprise Data Analytics, Synced Solutions
- Growth in Data Analysis Jobs will Boost the Qualitative Data Analysis Software Market
Challenges
- Requirement of Skills to Use Qualitative Data Analysis Software
Competitive Landscape:
The market is fairly fragmented. Few Market leaders continue to drive innovation while many niche players are also on the rise. One of the entry barriers is the loyalty many customers have towards their software market.
Some of the key players profiled in the report are Smartlook (Czech Republic), Nvivo (Australia), IHS Markit (United Kingdom), Maxqda (Germany), Provalis Research (Montreal Canada), ResearchWare (United States), QSR International (Australia), Quirkos (Scotland), Atlas.ti (Germany), WebQDA (Portugal) and Aquad (Germany). Considering Market by Platform, the sub-segment i.e. Windows will boost the Qualitative Data Analysis Software market. Considering Market by License, the sub-segment i.e. Free GPL (General Public Licence) will boost the Qualitative Data Analysis Software market. Considering Market by Deployment, the sub-segment i.e. Cloud-based will boost the Qualitative Data Analysis Software market.
In Feb 2021, QSR International, the leading developer of qualitative data analysis (QDA) software, announced it has acquired Swiss Academic Software, maker of Citavi, the only all-in-one reference management and note-taking app that will intuitively streamline analyzing sources and organizing notes in one location. The transaction further solidifies QSR’s standing as the market leader in research tools and technology.
What Can be Explored with the Qualitative Data Analysis Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Qualitative Data Analysis Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Qualitative Data Analysis Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Qualitative Data Analysis Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Qualitative Data Analysis Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Qualitative Software Analysis Companies and Distributors, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.