Research Methodology – Artificial Intelligence (AI) Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Artificial Intelligence (AI) Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Artificial Intelligence (AI) Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- The size of the existing AI market and prediction for growth
- Total revenue generated by all companies in the AI industry
- The extent of AI adoption across different industries
- The global economic impact of AI
- Number of AI startups and their market capitalization
- Growth of funding and investment in the AI sector
- Market potential and barriers for entry
- Geographical penetration of AI
- Impact of regulations and policies on market growth
- The cost of AI hardware, software and services
Key Market Indicators:
- Total global spending on AI systems
- Growth rate of AI market
- Number of AI specialists and professionals
- The degree of AI integration in different sectors
- Market share of leading AI companies
- Patent trends in AI
- Technological innovation in the AI market
- Investment trends in AI startups
- Consumer attitudes and adoption towards AI
Growth Trends:
- Increasing adoption of AI in industries such as healthcare, automotive, and finance
- Growth of AI in emerging markets
- The increasing importance of AI in data analysis and decision making
- Development of AI technologies like machine learning, deep learning, and neural networks
- Growth of AI in the Internet of Things (IoT) and blockchain technologies
- The rise of AI-powered chatbots and virtual assistants
- Growth in AI research and development
- Increasing demand for AI hardware like AI-powered chips
- Increasing use of AI in creating personalized consumer experiences
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Artificial Intelligence (AI) Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Artificial Intelligence (AI) Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights