Short Term Rental SolutionShort Term Rental Solution Charting Growth Trajectories: Analysis and Forecasts 2025-2033
Short Term Rental Solution by Type (Software, Service), by Application (Personal, Enterprise), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
Base Year: 2024
166 Pages
Short Term Rental Solution Charting Growth Trajectories: Analysis and Forecasts 2025-2033
Key Insights
The short-term rental solution market is projected to reach USD 9,759.3 million by 2033, exhibiting a CAGR of 10.3% during the forecast period. The growth of the market is primarily driven by the increasing popularity of short-term rentals due to their affordability, flexibility, and convenience, especially among travelers seeking authentic and immersive travel experiences. Moreover, the proliferation of online booking platforms such as Airbnb and Vrbo has further fueled the growth of the short-term rental market by simplifying the search and booking process for travelers. The growing adoption of smart home technologies is also expected to create opportunities for market players to offer value-added services and enhance the guest experience.
Key trends that are expected to shape the market growth include the emergence of specialized short-term rental management companies, the increasing use of data analytics to optimize pricing and operations, and the adoption of sustainable practices by short-term rental operators. However, factors such as regulatory restrictions and concerns over noise and nuisance from short-term rentals may pose challenges to market growth. The market is segmented into software, service, and application, with software holding the largest share. Regionally, North America is expected to continue to dominate the market, followed by Europe and Asia-Pacific. Major companies in the market include Hostaway, Lodgify, Guesty, LiveRez, and BookingSync.
Short Term Rental Solution Trends
The global short-term rental market is projected to reach $50 billion by 2027, growing at a CAGR of 10.5% from 2021 to 2027. This growth is attributed to the increasing popularity of short-term rentals for both leisure and business travel, as well as the growing number of people who are opting to live in short-term rentals rather than traditional long-term leases.
Key market insights include:
- The rise of the sharing economy has made short-term rentals more accessible and affordable for travelers.
- The growing popularity of online booking platforms has made it easier for travelers to find and book short-term rentals.
- The increasing number of people who are choosing to live in short-term rentals has created a new market for rental properties.
Driving Forces: What's Propelling the Short Term Rental Solution
There are a number of factors that are driving the growth of the short-term rental market, including:
- The increasing popularity of online booking platforms.
- The growing number of people who are choosing to live in short-term rentals.
- The increasing demand for short-term rentals for both leisure and business travel.
- The growing number of people who are opting to live in short-term rentals rather than traditional long-term leases.
Challenges and Restraints in Short Term Rental Solution
There are a number of challenges and restraints that are facing the short-term rental market, including:
- The lack of regulation in some markets.
- The difficulty in finding and booking short-term rentals in some markets.
- The high cost of short-term rentals in some markets.
- The potential for fraud and scams in the short-term rental market.
Key Region or Country & Segment to Dominate the Market
The Asia-Pacific region is expected to be the fastest-growing market for short-term rentals, with a CAGR of 12.0% from 2021 to 2027. This growth is attributed to the increasing popularity of short-term rentals in countries such as China, India, and Japan.
The software segment is expected to dominate the short-term rental market, with a market share of over 50% in 2027. This growth is attributed to the increasing adoption of software solutions by short-term rental property managers.
Growth Catalysts in Short Term Rental Solution Industry
There are a number of factors that are expected to drive the growth of the short-term rental market in the coming years, including:
- The continued growth of the online booking market.
- The increasing number of people who are choosing to live in short-term rentals.
- The growing demand for short-term rentals for both leisure and business travel.
- The development of new technologies that are making it easier to find and book short-term rentals.
Leading Players in the Short Term Rental Solution
- Hostaway
- Lodgify
- Guesty
- LiveRez
- BookingSync
- Kigo
- Escapia
- DoorLoop
- iGMS
- GovOS
- CiiRUS
- Avenu
- NOLA Solution
- Evergreen Investments
- Carriage House
- Goldnest
- Utah Management
- Opago
- Onefinestay
- Luxury Property Care
- Extenteam
- Hapeville
- Midwest Corporate Living
- Trusted Homes
- Parsons
Significant Developments in Short Term Rental Solution Sector
There have been a number of significant developments in the short-term rental sector in recent years, including:
- The rise of online booking platforms.
- The growing number of people who are choosing to live in short-term rentals.
- The increasing demand for short-term rentals for both leisure and business travel.
- The development of new technologies that are making it easier to find and book short-term rentals.
Comprehensive Coverage Short Term Rental Solution Report
This report provides a comprehensive coverage of the short-term rental solution market, including:
- Market trends and drivers
- Challenges and restraints
- Key regions and segments
- Growth catalysts
- Leading players
- Significant developments
This report is essential reading for anyone who is interested in the short-term rental market, including:
- Property managers
- Investors
- Developers
- Consultants
- Policymakers
Short Term Rental Solution Segmentation
-
1. Type
- 1.1. Software
- 1.2. Service
-
2. Application
- 2.1. Personal
- 2.2. Enterprise
Short Term Rental Solution Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
Short Term Rental Solution 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 XX% from 2019-2033 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 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
- 3.3. Market Restrains
- 3.4. Market Trends
- 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. Global Short Term Rental Solution Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Software
- 5.1.2. Service
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Personal
- 5.2.2. Enterprise
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America Short Term Rental Solution Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Software
- 6.1.2. Service
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Personal
- 6.2.2. Enterprise
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. South America Short Term Rental Solution Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Software
- 7.1.2. Service
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Personal
- 7.2.2. Enterprise
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Europe Short Term Rental Solution Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Software
- 8.1.2. Service
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Personal
- 8.2.2. Enterprise
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Middle East & Africa Short Term Rental Solution Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Software
- 9.1.2. Service
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Personal
- 9.2.2. Enterprise
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Asia Pacific Short Term Rental Solution Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Software
- 10.1.2. Service
- 10.2. Market Analysis, Insights and Forecast - by Application
- 10.2.1. Personal
- 10.2.2. Enterprise
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Hostaway
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Lodgify
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Guesty
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 LiveRez
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 BookingSync
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Kigo
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Escapia
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 DoorLoop
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 iGMS
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 GovOS
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 CiiRUS
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Avenu
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 NOLA Solution
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 Evergreen Investments
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 Carriage House
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.16 Goldnest
- 11.2.16.1. Overview
- 11.2.16.2. Products
- 11.2.16.3. SWOT Analysis
- 11.2.16.4. Recent Developments
- 11.2.16.5. Financials (Based on Availability)
- 11.2.17 Utah Management
- 11.2.17.1. Overview
- 11.2.17.2. Products
- 11.2.17.3. SWOT Analysis
- 11.2.17.4. Recent Developments
- 11.2.17.5. Financials (Based on Availability)
- 11.2.18 Opago
- 11.2.18.1. Overview
- 11.2.18.2. Products
- 11.2.18.3. SWOT Analysis
- 11.2.18.4. Recent Developments
- 11.2.18.5. Financials (Based on Availability)
- 11.2.19 Onefinestay
- 11.2.19.1. Overview
- 11.2.19.2. Products
- 11.2.19.3. SWOT Analysis
- 11.2.19.4. Recent Developments
- 11.2.19.5. Financials (Based on Availability)
- 11.2.20 Luxury Property Care
- 11.2.20.1. Overview
- 11.2.20.2. Products
- 11.2.20.3. SWOT Analysis
- 11.2.20.4. Recent Developments
- 11.2.20.5. Financials (Based on Availability)
- 11.2.21 Extenteam
- 11.2.21.1. Overview
- 11.2.21.2. Products
- 11.2.21.3. SWOT Analysis
- 11.2.21.4. Recent Developments
- 11.2.21.5. Financials (Based on Availability)
- 11.2.22 Hapeville
- 11.2.22.1. Overview
- 11.2.22.2. Products
- 11.2.22.3. SWOT Analysis
- 11.2.22.4. Recent Developments
- 11.2.22.5. Financials (Based on Availability)
- 11.2.23 Midwest Corporate Living
- 11.2.23.1. Overview
- 11.2.23.2. Products
- 11.2.23.3. SWOT Analysis
- 11.2.23.4. Recent Developments
- 11.2.23.5. Financials (Based on Availability)
- 11.2.24 Trusted Homes
- 11.2.24.1. Overview
- 11.2.24.2. Products
- 11.2.24.3. SWOT Analysis
- 11.2.24.4. Recent Developments
- 11.2.24.5. Financials (Based on Availability)
- 11.2.25 Parsons
- 11.2.25.1. Overview
- 11.2.25.2. Products
- 11.2.25.3. SWOT Analysis
- 11.2.25.4. Recent Developments
- 11.2.25.5. Financials (Based on Availability)
- 11.2.26
- 11.2.26.1. Overview
- 11.2.26.2. Products
- 11.2.26.3. SWOT Analysis
- 11.2.26.4. Recent Developments
- 11.2.26.5. Financials (Based on Availability)
- 11.2.1 Hostaway
List of Figures
- Figure 1: Global Short Term Rental Solution Revenue Breakdown (million, %) by Region 2024 & 2032
- Figure 2: North America Short Term Rental Solution Revenue (million), by Type 2024 & 2032
- Figure 3: North America Short Term Rental Solution Revenue Share (%), by Type 2024 & 2032
- Figure 4: North America Short Term Rental Solution Revenue (million), by Application 2024 & 2032
- Figure 5: North America Short Term Rental Solution Revenue Share (%), by Application 2024 & 2032
- Figure 6: North America Short Term Rental Solution Revenue (million), by Country 2024 & 2032
- Figure 7: North America Short Term Rental Solution Revenue Share (%), by Country 2024 & 2032
- Figure 8: South America Short Term Rental Solution Revenue (million), by Type 2024 & 2032
- Figure 9: South America Short Term Rental Solution Revenue Share (%), by Type 2024 & 2032
- Figure 10: South America Short Term Rental Solution Revenue (million), by Application 2024 & 2032
- Figure 11: South America Short Term Rental Solution Revenue Share (%), by Application 2024 & 2032
- Figure 12: South America Short Term Rental Solution Revenue (million), by Country 2024 & 2032
- Figure 13: South America Short Term Rental Solution Revenue Share (%), by Country 2024 & 2032
- Figure 14: Europe Short Term Rental Solution Revenue (million), by Type 2024 & 2032
- Figure 15: Europe Short Term Rental Solution Revenue Share (%), by Type 2024 & 2032
- Figure 16: Europe Short Term Rental Solution Revenue (million), by Application 2024 & 2032
- Figure 17: Europe Short Term Rental Solution Revenue Share (%), by Application 2024 & 2032
- Figure 18: Europe Short Term Rental Solution Revenue (million), by Country 2024 & 2032
- Figure 19: Europe Short Term Rental Solution Revenue Share (%), by Country 2024 & 2032
- Figure 20: Middle East & Africa Short Term Rental Solution Revenue (million), by Type 2024 & 2032
- Figure 21: Middle East & Africa Short Term Rental Solution Revenue Share (%), by Type 2024 & 2032
- Figure 22: Middle East & Africa Short Term Rental Solution Revenue (million), by Application 2024 & 2032
- Figure 23: Middle East & Africa Short Term Rental Solution Revenue Share (%), by Application 2024 & 2032
- Figure 24: Middle East & Africa Short Term Rental Solution Revenue (million), by Country 2024 & 2032
- Figure 25: Middle East & Africa Short Term Rental Solution Revenue Share (%), by Country 2024 & 2032
- Figure 26: Asia Pacific Short Term Rental Solution Revenue (million), by Type 2024 & 2032
- Figure 27: Asia Pacific Short Term Rental Solution Revenue Share (%), by Type 2024 & 2032
- Figure 28: Asia Pacific Short Term Rental Solution Revenue (million), by Application 2024 & 2032
- Figure 29: Asia Pacific Short Term Rental Solution Revenue Share (%), by Application 2024 & 2032
- Figure 30: Asia Pacific Short Term Rental Solution Revenue (million), by Country 2024 & 2032
- Figure 31: Asia Pacific Short Term Rental Solution Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Short Term Rental Solution Revenue million Forecast, by Region 2019 & 2032
- Table 2: Global Short Term Rental Solution Revenue million Forecast, by Type 2019 & 2032
- Table 3: Global Short Term Rental Solution Revenue million Forecast, by Application 2019 & 2032
- Table 4: Global Short Term Rental Solution Revenue million Forecast, by Region 2019 & 2032
- Table 5: Global Short Term Rental Solution Revenue million Forecast, by Type 2019 & 2032
- Table 6: Global Short Term Rental Solution Revenue million Forecast, by Application 2019 & 2032
- Table 7: Global Short Term Rental Solution Revenue million Forecast, by Country 2019 & 2032
- Table 8: United States Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 9: Canada Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 10: Mexico Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 11: Global Short Term Rental Solution Revenue million Forecast, by Type 2019 & 2032
- Table 12: Global Short Term Rental Solution Revenue million Forecast, by Application 2019 & 2032
- Table 13: Global Short Term Rental Solution Revenue million Forecast, by Country 2019 & 2032
- Table 14: Brazil Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 15: Argentina Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 16: Rest of South America Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 17: Global Short Term Rental Solution Revenue million Forecast, by Type 2019 & 2032
- Table 18: Global Short Term Rental Solution Revenue million Forecast, by Application 2019 & 2032
- Table 19: Global Short Term Rental Solution Revenue million Forecast, by Country 2019 & 2032
- Table 20: United Kingdom Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 21: Germany Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 22: France Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 23: Italy Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 24: Spain Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 25: Russia Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 26: Benelux Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 27: Nordics Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 28: Rest of Europe Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 29: Global Short Term Rental Solution Revenue million Forecast, by Type 2019 & 2032
- Table 30: Global Short Term Rental Solution Revenue million Forecast, by Application 2019 & 2032
- Table 31: Global Short Term Rental Solution Revenue million Forecast, by Country 2019 & 2032
- Table 32: Turkey Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 33: Israel Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 34: GCC Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 35: North Africa Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 36: South Africa Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 37: Rest of Middle East & Africa Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 38: Global Short Term Rental Solution Revenue million Forecast, by Type 2019 & 2032
- Table 39: Global Short Term Rental Solution Revenue million Forecast, by Application 2019 & 2032
- Table 40: Global Short Term Rental Solution Revenue million Forecast, by Country 2019 & 2032
- Table 41: China Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 42: India Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 43: Japan Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 44: South Korea Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 45: ASEAN Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 46: Oceania Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
- Table 47: Rest of Asia Pacific Short Term Rental Solution Revenue (million) Forecast, by Application 2019 & 2032
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of XX% from 2019-2033 |
| Segmentation |
|
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Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
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Secondary Research
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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
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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