Why Do Market Sizing Numbers Differ?
CSA Research
Market research, consulting, and advisory for global enterprises and language services and technology companies.
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What to Know
Why Do Market Sizing Numbers Differ?
At CSA Research's recent leadership councils, a common question emerged: "Why do market size numbers differ?" At CSA Research, our answer remains the same: "Review the study methodology."
Our market sizing approach is built on transparency and accuracy:
1️⃣ Annual Survey with a Representative Sample: We conduct a comprehensive annual survey to ensure our data accurately represents the language services and technology market.
2️⃣ Quarterly Updates: Our insights are updated quarterly based on confidence surveys and data from the International Monetary Fund (IMF), keeping our analysis relevant and up-to-date.
3️⃣ Scenario Modeling: We use scenario modeling to account for various future economic conditions, providing a well-rounded and predictive market outlook.
4️⃣ Data Validation and Verification: Our data undergoes thorough validation and verification processes to ensure its reliability and accuracy.
📊 Current Status: We are currently still running our survey to achieve a representative sample.
💡 Market Size Insight: Our latest estimate values the global language services and technology market at US$51.95 billion.
For a detailed understanding of our methodology and the rigor behind our market insights, visit our website. -> https://lnkd.in/eu-t22Ye
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