Key Insights
The Qatar co-working office spaces market exhibits robust growth potential, driven by a burgeoning entrepreneurial ecosystem, increasing urbanization, and the nation's strategic focus on diversification beyond the hydrocarbon sector. The market, valued at $92.74 million in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 6.34% from 2025 to 2033. This growth is fueled by several key factors. The rise of startups and small and medium-sized enterprises (SMEs) seeking flexible and cost-effective workspaces is a major catalyst. Furthermore, the increasing adoption of flexible work arrangements by large corporations and multinational companies, attracted by Qatar's economic diversification initiatives, significantly contributes to market expansion. The demand for serviced offices, offering comprehensive amenities and managed services, is particularly strong, exceeding that of flexible managed offices. The Information Technology (IT and ITES) sector, along with BFSI (Banking, Financial Services, and Insurance) and consulting firms, constitute major end-user segments driving market growth. The competitive landscape is dynamic, with both international players like Regus and Servcorp and local operators catering to diverse needs and budget considerations.
Looking ahead, the market is expected to witness continued expansion, shaped by ongoing infrastructural developments, government support for entrepreneurship, and the sustained influx of foreign investment. The adoption of innovative technologies within co-working spaces, such as smart building management systems and virtual office solutions, will further enhance market attractiveness. While challenges such as fluctuating oil prices and potential economic slowdowns could impact growth, the underlying trend of increasing demand for flexible workspaces is likely to prevail, sustaining the market's positive trajectory throughout the forecast period. The diverse range of offerings, catering to various business sizes and industries, positions the Qatar co-working office spaces market for continued expansion and success.

Qatar Co-Working Office Spaces Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Qatar co-working office spaces market, encompassing market dynamics, growth trends, key players, and future outlook. The study period covers 2019-2033, with a base year of 2025 and a forecast period of 2025-2033. The report is invaluable for investors, businesses, and industry professionals seeking to understand this dynamic market.
Parent Market: Commercial Real Estate Market in Qatar Child Market: Flexible Workspace Solutions in Qatar
Qatar Co-Working Office Spaces Market Market Dynamics & Structure
The Qatar co-working office spaces market is characterized by moderate concentration, with key players such as Regus, Servcorp, and Instantoffices holding significant market share. However, smaller, specialized co-working spaces are also emerging, catering to niche needs. Technological innovation, driven by the adoption of smart office technologies and hybrid work management platforms, is a significant driver. The regulatory framework in Qatar, while supportive of business growth, presents some complexities related to licensing and permits. The market also faces competition from traditional office spaces and virtual office solutions. Recent M&A activity has been relatively low (xx deals in the last 5 years), indicating a preference for organic growth.
- Market Concentration: Moderately concentrated, with top 5 players holding approximately xx% market share (2024).
- Technological Innovation: Adoption of smart building technologies, hybrid work platforms (e.g., LiquidSpace, OfficeRnD), and booking systems.
- Regulatory Framework: Supportive, but navigating licensing and permit processes can present challenges.
- Competitive Substitutes: Traditional office spaces, virtual offices, and home offices.
- End-User Demographics: Primarily small and medium-sized enterprises (SMEs), freelancers, and startups. Large-scale companies are increasingly adopting co-working spaces for specific teams or projects.
- M&A Trends: Low activity in recent years (xx deals in 2019-2024), primarily focusing on organic growth.
Qatar Co-Working Office Spaces Market Growth Trends & Insights
The Qatar co-working office spaces market experienced a Compound Annual Growth Rate (CAGR) of xx% during the historical period (2019-2024), driven by factors such as increasing urbanization, a growing entrepreneurial ecosystem, and the rising popularity of flexible work arrangements. The market is projected to maintain a robust CAGR of xx% during the forecast period (2025-2033). This growth reflects the increasing demand for flexible and cost-effective office solutions among diverse businesses, especially in sectors like IT, consulting, and BFSI. Technological disruptions, such as the rise of hybrid work models and the integration of smart office technologies, are further accelerating market adoption. Shifts in consumer behavior, with a preference for collaborative work environments and access to business networks, also contribute significantly to market expansion. The market penetration rate for co-working spaces in Qatar stands at approximately xx% in 2024, expected to reach xx% by 2033. Market size in 2024 was approximately 100 Million, and is projected to reach 250 Million by 2033.

Dominant Regions, Countries, or Segments in Qatar Co-Working Office Spaces Market
The Doha metropolitan area dominates the Qatar co-working office spaces market, accounting for the largest market share (xx%) due to its high concentration of businesses, particularly in the IT and BFSI sectors. The Small Scale Company segment represents the largest end-user group, driving significant demand for flexible and affordable co-working solutions. The Serviced Office type is currently the most prevalent, offering fully furnished and managed spaces.
- Key Drivers:
- Economic diversification policies in Qatar promoting entrepreneurship.
- Development of business-friendly infrastructure.
- Growing preference for flexible work arrangements among SMEs and startups.
- Increasing adoption of hybrid work models.
- Dominance Factors:
- High concentration of businesses in Doha.
- Robust demand from SMEs and freelancers.
- Availability of a wide range of co-working spaces across various price points.
- Government initiatives supporting entrepreneurship and innovation.
Qatar Co-Working Office Spaces Market Product Landscape
The Qatar co-working office spaces market offers a diverse range of products, including flexible managed offices, serviced offices, and virtual offices. Innovations focus on enhancing technology integration, workspace design, and community-building initiatives. Many providers are incorporating smart office technologies, such as access control systems, booking platforms, and high-speed internet, to improve efficiency and user experience. Unique selling propositions often revolve around community building, networking events, and access to business support services.
Key Drivers, Barriers & Challenges in Qatar Co-Working Office Spaces Market
Key Drivers:
The market is propelled by a growing entrepreneurial ecosystem, increased adoption of flexible work arrangements, and government initiatives supporting innovation and economic diversification. Technological advancements, such as hybrid work platforms and smart building technologies, further accelerate market expansion. A rising number of freelancers and SMEs also contribute to the demand for shared workspace solutions.
Challenges & Restraints:
High real estate costs in prime locations pose a significant challenge. Competition from traditional office spaces and other flexible workspace solutions exerts pressure on pricing and profitability. Regulatory hurdles, though generally supportive, can involve complex permit and licensing processes. Supply chain disruptions associated with the global market can affect the availability of furniture and equipment.
Emerging Opportunities in Qatar Co-Working Office Spaces Market
Untapped opportunities exist in specialized co-working spaces targeting specific industries or professional groups (e.g., creative industries, technology startups). The increasing adoption of hybrid work models presents opportunities for integrating remote and on-site workspaces seamlessly. Expansion into secondary cities and suburban areas can cater to the growing demand for co-working spaces outside Doha. Developing strong community-building initiatives and partnerships can further attract and retain clients.
Growth Accelerators in the Qatar Co-Working Office Spaces Market Industry
Long-term growth will be driven by the continuous adoption of technology in co-working spaces, including smart building solutions and hybrid work platforms. Strategic partnerships with business incubators and accelerators will fuel the market’s expansion. Government support for entrepreneurship and innovation, coupled with economic diversification initiatives, will sustain market momentum. Expansion into new locations and diversification of service offerings will also play a crucial role in fostering sustained growth.
Key Players Shaping the Qatar Co-Working Office Spaces Market Market
- Servcorp
- Instantoffices
- EasyCowork
- Alliance Business Centres Network
- Matchoffice
- Regus
- Liquidspace
- Workinton
- Marhaba
- Coworker
- Arafat Business Center Qatar
Notable Milestones in Qatar Co-Working Office Spaces Market Sector
- September 2022: LiquidSpace and OfficeRnD launched "Hybrid Anywhere," a comprehensive solution for managing hybrid work environments, integrating co-working spaces into workplace strategies. This significantly impacted the market by providing a technologically advanced solution for managing diverse work locations.
- July 2023: Workinton Qatar partnered with Scale7, a fashion and design incubator, offering tailored spaces and support to fashion entrepreneurs. This collaboration expanded the reach of co-working spaces to a niche market and demonstrated the potential for targeted services within the industry.
In-Depth Qatar Co-Working Office Spaces Market Market Outlook
The Qatar co-working office spaces market is poised for sustained growth, driven by technological advancements, strategic partnerships, and a supportive regulatory environment. The increasing adoption of flexible work arrangements and the expanding entrepreneurial landscape will fuel market expansion. Opportunities for specialized co-working spaces and strategic partnerships with businesses and organizations will create new avenues for growth and profitability in the coming years. The market's future potential rests on its ability to adapt to evolving technological trends and cater to the diverse needs of businesses and individuals seeking flexible and cost-effective work solutions.
Qatar Co-Working Office Spaces Market Segmentation
-
1. End User
- 1.1. Personal User
- 1.2. Small Scale Company
- 1.3. Large Scale Company
- 1.4. Other End Users
-
2. Type
- 2.1. Flexible Managed Office
- 2.2. Serviced Office
-
3. Application
- 3.1. Information Technology (IT and ITES)
- 3.2. Legal Services
- 3.3. BFSI (Banking, Financial Services, and Insurance)
- 3.4. Consulting
- 3.5. Other Applications
-
4. Geography
- 4.1. Doha
- 4.2. Ar Rayyan
- 4.3. Umm Salal Muammad
- 4.4. Other Areas
Qatar Co-Working Office Spaces Market Segmentation By Geography
- 1. Doha
- 2. Ar Rayyan
- 3. Umm Salal Muammad
- 4. Other Areas

Qatar Co-Working Office Spaces 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 6.34% 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.; Growing SMEs Driving the Market
- 3.3. Market Restrains
- 3.3.1. 4.; Limited Space Options
- 3.4. Market Trends
- 3.4.1. Growth of SMEs Driving The Market
- 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. Qatar Co-Working Office Spaces Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by End User
- 5.1.1. Personal User
- 5.1.2. Small Scale Company
- 5.1.3. Large Scale Company
- 5.1.4. Other End Users
- 5.2. Market Analysis, Insights and Forecast - by Type
- 5.2.1. Flexible Managed Office
- 5.2.2. Serviced Office
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Information Technology (IT and ITES)
- 5.3.2. Legal Services
- 5.3.3. BFSI (Banking, Financial Services, and Insurance)
- 5.3.4. Consulting
- 5.3.5. Other Applications
- 5.4. Market Analysis, Insights and Forecast - by Geography
- 5.4.1. Doha
- 5.4.2. Ar Rayyan
- 5.4.3. Umm Salal Muammad
- 5.4.4. Other Areas
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. Doha
- 5.5.2. Ar Rayyan
- 5.5.3. Umm Salal Muammad
- 5.5.4. Other Areas
- 5.1. Market Analysis, Insights and Forecast - by End User
- 6. Doha Qatar Co-Working Office Spaces Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by End User
- 6.1.1. Personal User
- 6.1.2. Small Scale Company
- 6.1.3. Large Scale Company
- 6.1.4. Other End Users
- 6.2. Market Analysis, Insights and Forecast - by Type
- 6.2.1. Flexible Managed Office
- 6.2.2. Serviced Office
- 6.3. Market Analysis, Insights and Forecast - by Application
- 6.3.1. Information Technology (IT and ITES)
- 6.3.2. Legal Services
- 6.3.3. BFSI (Banking, Financial Services, and Insurance)
- 6.3.4. Consulting
- 6.3.5. Other Applications
- 6.4. Market Analysis, Insights and Forecast - by Geography
- 6.4.1. Doha
- 6.4.2. Ar Rayyan
- 6.4.3. Umm Salal Muammad
- 6.4.4. Other Areas
- 6.1. Market Analysis, Insights and Forecast - by End User
- 7. Ar Rayyan Qatar Co-Working Office Spaces Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by End User
- 7.1.1. Personal User
- 7.1.2. Small Scale Company
- 7.1.3. Large Scale Company
- 7.1.4. Other End Users
- 7.2. Market Analysis, Insights and Forecast - by Type
- 7.2.1. Flexible Managed Office
- 7.2.2. Serviced Office
- 7.3. Market Analysis, Insights and Forecast - by Application
- 7.3.1. Information Technology (IT and ITES)
- 7.3.2. Legal Services
- 7.3.3. BFSI (Banking, Financial Services, and Insurance)
- 7.3.4. Consulting
- 7.3.5. Other Applications
- 7.4. Market Analysis, Insights and Forecast - by Geography
- 7.4.1. Doha
- 7.4.2. Ar Rayyan
- 7.4.3. Umm Salal Muammad
- 7.4.4. Other Areas
- 7.1. Market Analysis, Insights and Forecast - by End User
- 8. Umm Salal Muammad Qatar Co-Working Office Spaces Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by End User
- 8.1.1. Personal User
- 8.1.2. Small Scale Company
- 8.1.3. Large Scale Company
- 8.1.4. Other End Users
- 8.2. Market Analysis, Insights and Forecast - by Type
- 8.2.1. Flexible Managed Office
- 8.2.2. Serviced Office
- 8.3. Market Analysis, Insights and Forecast - by Application
- 8.3.1. Information Technology (IT and ITES)
- 8.3.2. Legal Services
- 8.3.3. BFSI (Banking, Financial Services, and Insurance)
- 8.3.4. Consulting
- 8.3.5. Other Applications
- 8.4. Market Analysis, Insights and Forecast - by Geography
- 8.4.1. Doha
- 8.4.2. Ar Rayyan
- 8.4.3. Umm Salal Muammad
- 8.4.4. Other Areas
- 8.1. Market Analysis, Insights and Forecast - by End User
- 9. Other Areas Qatar Co-Working Office Spaces Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by End User
- 9.1.1. Personal User
- 9.1.2. Small Scale Company
- 9.1.3. Large Scale Company
- 9.1.4. Other End Users
- 9.2. Market Analysis, Insights and Forecast - by Type
- 9.2.1. Flexible Managed Office
- 9.2.2. Serviced Office
- 9.3. Market Analysis, Insights and Forecast - by Application
- 9.3.1. Information Technology (IT and ITES)
- 9.3.2. Legal Services
- 9.3.3. BFSI (Banking, Financial Services, and Insurance)
- 9.3.4. Consulting
- 9.3.5. Other Applications
- 9.4. Market Analysis, Insights and Forecast - by Geography
- 9.4.1. Doha
- 9.4.2. Ar Rayyan
- 9.4.3. Umm Salal Muammad
- 9.4.4. Other Areas
- 9.1. Market Analysis, Insights and Forecast - by End User
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2024
- 10.2. Company Profiles
- 10.2.1 Servcorp
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Instantoffices
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 EasyCowork
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 Alliance Business Centres Network
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Matchoffice
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 Regus
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 Liquidspace**List Not Exhaustive
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 Workinton
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.9 Marhaba
- 10.2.9.1. Overview
- 10.2.9.2. Products
- 10.2.9.3. SWOT Analysis
- 10.2.9.4. Recent Developments
- 10.2.9.5. Financials (Based on Availability)
- 10.2.10 Coworker
- 10.2.10.1. Overview
- 10.2.10.2. Products
- 10.2.10.3. SWOT Analysis
- 10.2.10.4. Recent Developments
- 10.2.10.5. Financials (Based on Availability)
- 10.2.11 Arafat Business Center Qatar
- 10.2.11.1. Overview
- 10.2.11.2. Products
- 10.2.11.3. SWOT Analysis
- 10.2.11.4. Recent Developments
- 10.2.11.5. Financials (Based on Availability)
- 10.2.1 Servcorp
List of Figures
- Figure 1: Qatar Co-Working Office Spaces Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Qatar Co-Working Office Spaces Market Share (%) by Company 2024
List of Tables
- Table 1: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by End User 2019 & 2032
- Table 3: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Type 2019 & 2032
- Table 4: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Application 2019 & 2032
- Table 5: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 6: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Region 2019 & 2032
- Table 7: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Country 2019 & 2032
- Table 8: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by End User 2019 & 2032
- Table 9: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Type 2019 & 2032
- Table 10: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Application 2019 & 2032
- Table 11: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 12: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Country 2019 & 2032
- Table 13: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by End User 2019 & 2032
- Table 14: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Type 2019 & 2032
- Table 15: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Application 2019 & 2032
- Table 16: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 17: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Country 2019 & 2032
- Table 18: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by End User 2019 & 2032
- Table 19: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Type 2019 & 2032
- Table 20: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Application 2019 & 2032
- Table 21: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 22: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Country 2019 & 2032
- Table 23: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by End User 2019 & 2032
- Table 24: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Type 2019 & 2032
- Table 25: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Application 2019 & 2032
- Table 26: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 27: Qatar Co-Working Office Spaces Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Qatar Co-Working Office Spaces Market?
The projected CAGR is approximately 6.34%.
2. Which companies are prominent players in the Qatar Co-Working Office Spaces Market?
Key companies in the market include Servcorp, Instantoffices, EasyCowork, Alliance Business Centres Network, Matchoffice, Regus, Liquidspace**List Not Exhaustive, Workinton, Marhaba, Coworker, Arafat Business Center Qatar.
3. What are the main segments of the Qatar Co-Working Office Spaces Market?
The market segments include End User, Type, Application, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD 92.74 Million as of 2022.
5. What are some drivers contributing to market growth?
4.; Growing SMEs Driving the Market.
6. What are the notable trends driving market growth?
Growth of SMEs Driving The Market.
7. Are there any restraints impacting market growth?
4.; Limited Space Options.
8. Can you provide examples of recent developments in the market?
September 2022: LiquidSpace (a hybrid workplace management platform) and OfficeRnD (the leading flexspace and hybrid work management software provider), announced a joint solution for managing the full ecosystem of hybrid work, named Hybrid Anywhere - from home to coworking to headquarters. Hybrid Anywhere brings together the LiquidSpace Marketplace and OfficeRnD's hybrid work platform to offer the first total hybrid workplace management solution. This new joint solution enables businesses to manage their own office base as part of their hybrid workplace strategy, giving their teams the seamless ability to work from anywhere.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 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 "Qatar Co-Working Office Spaces 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 Qatar Co-Working Office Spaces 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 Qatar Co-Working Office Spaces Market?
To stay informed about further developments, trends, and reports in the Qatar Co-Working Office Spaces 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