Key Insights
The Polish construction market, valued at €116.22 million in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 4.62% from 2025 to 2033. This growth is fueled by several key drivers. Increased government investment in infrastructure projects, particularly within transportation and energy, is a significant contributor. Furthermore, a burgeoning residential sector, driven by rising urbanization and population growth, significantly boosts demand for new housing and renovations. The commercial sector also contributes meaningfully, with ongoing expansion of retail spaces, office buildings, and logistics facilities. However, potential headwinds exist. Fluctuations in material costs, particularly steel and cement, influenced by global supply chains and geopolitical factors, pose a challenge. Skilled labor shortages are another constraint, potentially limiting the pace of project completion and increasing construction costs. The market is segmented across residential, commercial, industrial, infrastructure, and energy & utilities sectors, with residential and infrastructure currently dominating market share. Key players like Panattoni Development Europe, Warbud SA, Strabag Sp z o o, and Budimex SA are shaping the landscape through their projects and market influence. The forecast period reveals sustained, albeit moderated, growth, reflecting the continued demand and ongoing investment within the Polish construction industry, albeit with potential adjustments based on economic conditions.
The Polish construction market's future depends on effective mitigation of challenges. Addressing labor shortages through skilled worker training and immigration policies is crucial. Sustainable construction practices, incorporating environmentally friendly materials and energy-efficient designs, are increasingly important given growing environmental awareness. Moreover, proactive measures to address material cost volatility, perhaps through strategic sourcing and hedging strategies, are necessary for maintaining healthy growth trajectories. The government's role in fostering a stable regulatory environment and providing timely permits is also vital in ensuring that projects proceed efficiently and attract further investment. Ultimately, a balanced approach addressing these factors will be essential for the Polish construction market to realize its significant growth potential throughout the forecast period.
This dynamic report provides a detailed analysis of the Polish construction market, offering invaluable insights for investors, industry professionals, and policymakers. Leveraging extensive data from 2019 to 2024 (Historical Period), with a base year of 2025 (Base Year/Estimated Year) and forecasting to 2033 (Forecast Period), this study covers market size, segmentation, key players, growth drivers, and challenges. The report utilizes high-impact keywords to ensure optimal search engine visibility and provides actionable intelligence for strategic decision-making. Market values are expressed in millions.

Construction Market in Poland: Market Structure & Competitive Landscape
The Polish construction market exhibits a moderately concentrated structure, with a Herfindahl-Hirschman Index (HHI) of xx in 2025. Several large players, including Panattoni Development Europe Sp z o o, WARBUD SA, Strabag Sp z o o, and Budimex SA, hold significant market share, though a considerable portion is occupied by smaller, regional firms. Innovation is driven primarily by government initiatives promoting sustainable building practices and technological advancements in construction management software and prefabrication. Regulatory changes, such as those concerning building codes and environmental standards, significantly impact market dynamics. While concrete and steel remain dominant materials, the increasing adoption of sustainable alternatives is creating opportunities for new entrants. End-user segmentation reveals a strong focus on residential, commercial, and industrial projects, with a growing emphasis on infrastructure development. M&A activity has been relatively modest in recent years, with an estimated xx Million in deals closed in 2024, indicating potential for increased consolidation in the coming years.
- Market Concentration: HHI of xx (2025)
- Innovation Drivers: Sustainable building practices, technological advancements in construction management
- Regulatory Impacts: Building codes, environmental standards
- Product Substitutes: Sustainable building materials
- End-User Segmentation: Residential, Commercial, Industrial, Infrastructure
- M&A Trends: xx Million in deals (2024), potential for increased consolidation
Construction Market in Poland: Market Trends & Opportunities
The Polish construction market is projected to experience substantial growth throughout the forecast period (2025-2033), with a Compound Annual Growth Rate (CAGR) of xx%. This growth is fueled by several factors: robust economic performance, increased urbanization, government investments in infrastructure projects, and rising disposable incomes driving residential construction. Technological advancements such as Building Information Modeling (BIM) and the increased adoption of prefabrication methods are improving efficiency and reducing construction timelines. Consumer preferences are shifting towards sustainable and energy-efficient buildings, creating opportunities for green construction technologies. However, the market remains competitive, and companies must adapt to changing regulations and consumer demands to maintain a strong market position. Market penetration rates for green building technologies are expected to increase from xx% in 2025 to xx% by 2033.

Dominant Markets & Segments in Construction Market in Poland
The Polish construction market demonstrates robust growth across various sectors, although the relative dominance shifts based on economic conditions and government policy.
- Residential: Strong growth driven by rising disposable incomes and urbanization.
- Commercial: Driven by expanding retail and office space demand.
- Industrial: Significant growth spurred by foreign investment and e-commerce expansion, particularly in logistics and warehousing.
- Infrastructure: Government investments in transportation and energy infrastructure projects are creating significant opportunities.
- Energy and Utilities: Growth driven by increasing demand for renewable energy.
The industrial sector, particularly logistics and warehousing, is currently the most dominant segment, largely driven by the expansion of e-commerce and foreign direct investment. This is further bolstered by supportive government policies and significant demand for modern, efficient warehousing facilities. The residential sector also displays consistent growth, driven by increasing urbanization and rising disposable incomes amongst the Polish population.
Construction Market in Poland: Product Analysis
Innovation in the Polish construction market centers on the adoption of Building Information Modeling (BIM) for improved project management and prefabrication techniques for faster construction times. These advancements offer significant competitive advantages by increasing efficiency and reducing costs. The market is witnessing a shift towards sustainable materials and practices, in line with global trends toward environmentally responsible construction. Furthermore, advancements in smart building technologies are improving energy efficiency and creating new market opportunities.
Key Drivers, Barriers & Challenges in Construction Market in Poland
Key Drivers:
- Government investments in infrastructure projects.
- Economic growth and rising disposable incomes.
- Expanding e-commerce and industrial development.
- Adoption of innovative construction technologies.
Challenges & Restraints:
- Fluctuations in material prices impacting project costs.
- Skill shortages in the construction workforce.
- Regulatory complexities and permitting processes.
- Competition from established and emerging players.
Growth Drivers in the Construction Market in Poland Market
Sustained economic growth, infrastructure investment, and the adoption of advanced building technologies remain significant catalysts for market expansion. Government incentives for green building and increased foreign investment are further accelerating growth.
Challenges Impacting Construction Market in Poland Growth
The construction market faces challenges such as workforce shortages, fluctuating material costs, and regulatory complexities impacting project timelines and budgets.
Key Players Shaping the Construction Market in Poland Market
- Panattoni Development Europe Sp z o o
- PRZEDSIEBIORSTWO USLUG TECHNICZNYCH INTERCOR Sp z o o
- WARBUD SA
- Strabag Sp z o o
- Mobile Services Team Sp z o o
- ERBUD SA
- EUROVIA POLSKA SA
- UNIBEP SA
- SKANSKA SA
- PORR SA
- TORPOL SA
- BUDIMEX SA
Significant Construction Market in Poland Industry Milestones
- 2020: Government announces significant investment in infrastructure projects.
- 2022: Several major mergers and acquisitions reshape the competitive landscape.
- 2023: Increased adoption of sustainable building technologies.
Future Outlook for Construction Market in Poland Market
The Polish construction market is poised for continued growth, driven by ongoing infrastructure development, a strengthening economy, and the sustained adoption of innovative construction technologies. Strategic opportunities exist for companies focusing on sustainable construction practices and digitalization within the sector. The market's potential is substantial, and continued growth is anticipated throughout the forecast period.
Construction Market in Poland Segmentation
-
1. Sector
- 1.1. Residential
- 1.2. Commercial
- 1.3. Industrial
- 1.4. Infrastructure
- 1.5. Energy and Utilities
Construction Market in Poland 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

Construction Market in Poland 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 4.62% 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. Demand for Transportation Infrastructure is increasing in Netherlands; Growth in Travel and Tourism is driving the need for Transportation Infrastructure.
- 3.3. Market Restrains
- 3.3.1. High cost of the construction projects; Limited space availability for new projects
- 3.4. Market Trends
- 3.4.1. Demand for Infrastructure to Boost the Construction Sector
- 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 Construction Market in Poland Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Sector
- 5.1.1. Residential
- 5.1.2. Commercial
- 5.1.3. Industrial
- 5.1.4. Infrastructure
- 5.1.5. Energy and Utilities
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1. North America
- 5.2.2. South America
- 5.2.3. Europe
- 5.2.4. Middle East & Africa
- 5.2.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Sector
- 6. North America Construction Market in Poland Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Sector
- 6.1.1. Residential
- 6.1.2. Commercial
- 6.1.3. Industrial
- 6.1.4. Infrastructure
- 6.1.5. Energy and Utilities
- 6.1. Market Analysis, Insights and Forecast - by Sector
- 7. South America Construction Market in Poland Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Sector
- 7.1.1. Residential
- 7.1.2. Commercial
- 7.1.3. Industrial
- 7.1.4. Infrastructure
- 7.1.5. Energy and Utilities
- 7.1. Market Analysis, Insights and Forecast - by Sector
- 8. Europe Construction Market in Poland Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Sector
- 8.1.1. Residential
- 8.1.2. Commercial
- 8.1.3. Industrial
- 8.1.4. Infrastructure
- 8.1.5. Energy and Utilities
- 8.1. Market Analysis, Insights and Forecast - by Sector
- 9. Middle East & Africa Construction Market in Poland Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Sector
- 9.1.1. Residential
- 9.1.2. Commercial
- 9.1.3. Industrial
- 9.1.4. Infrastructure
- 9.1.5. Energy and Utilities
- 9.1. Market Analysis, Insights and Forecast - by Sector
- 10. Asia Pacific Construction Market in Poland Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Sector
- 10.1.1. Residential
- 10.1.2. Commercial
- 10.1.3. Industrial
- 10.1.4. Infrastructure
- 10.1.5. Energy and Utilities
- 10.1. Market Analysis, Insights and Forecast - by Sector
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Panattoni Development Europe Sp z o o *List Not Exhaustive
- 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 PRZEDSIEBIORSTWO USLUG TECHNICZNYCH INTERCOR Sp z o o
- 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 WARBUD SA
- 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 Strabag Sp z o o
- 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 Mobile Services Team Sp z o o
- 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 ERBUD SA
- 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 EUROVIA POLSKA SA
- 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 UNIBEP SA
- 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 SKANSKA SA
- 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 PORR SA
- 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 TORPOL SA
- 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 BUDIMEX SA
- 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)
- 11.2.1 Panattoni Development Europe Sp z o o *List Not Exhaustive
List of Figures
- Figure 1: Global Construction Market in Poland Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: Poland Construction Market in Poland Revenue (Million), by Country 2024 & 2032
- Figure 3: Poland Construction Market in Poland Revenue Share (%), by Country 2024 & 2032
- Figure 4: North America Construction Market in Poland Revenue (Million), by Sector 2024 & 2032
- Figure 5: North America Construction Market in Poland Revenue Share (%), by Sector 2024 & 2032
- Figure 6: North America Construction Market in Poland Revenue (Million), by Country 2024 & 2032
- Figure 7: North America Construction Market in Poland Revenue Share (%), by Country 2024 & 2032
- Figure 8: South America Construction Market in Poland Revenue (Million), by Sector 2024 & 2032
- Figure 9: South America Construction Market in Poland Revenue Share (%), by Sector 2024 & 2032
- Figure 10: South America Construction Market in Poland Revenue (Million), by Country 2024 & 2032
- Figure 11: South America Construction Market in Poland Revenue Share (%), by Country 2024 & 2032
- Figure 12: Europe Construction Market in Poland Revenue (Million), by Sector 2024 & 2032
- Figure 13: Europe Construction Market in Poland Revenue Share (%), by Sector 2024 & 2032
- Figure 14: Europe Construction Market in Poland Revenue (Million), by Country 2024 & 2032
- Figure 15: Europe Construction Market in Poland Revenue Share (%), by Country 2024 & 2032
- Figure 16: Middle East & Africa Construction Market in Poland Revenue (Million), by Sector 2024 & 2032
- Figure 17: Middle East & Africa Construction Market in Poland Revenue Share (%), by Sector 2024 & 2032
- Figure 18: Middle East & Africa Construction Market in Poland Revenue (Million), by Country 2024 & 2032
- Figure 19: Middle East & Africa Construction Market in Poland Revenue Share (%), by Country 2024 & 2032
- Figure 20: Asia Pacific Construction Market in Poland Revenue (Million), by Sector 2024 & 2032
- Figure 21: Asia Pacific Construction Market in Poland Revenue Share (%), by Sector 2024 & 2032
- Figure 22: Asia Pacific Construction Market in Poland Revenue (Million), by Country 2024 & 2032
- Figure 23: Asia Pacific Construction Market in Poland Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Construction Market in Poland Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Construction Market in Poland Revenue Million Forecast, by Sector 2019 & 2032
- Table 3: Global Construction Market in Poland Revenue Million Forecast, by Region 2019 & 2032
- Table 4: Global Construction Market in Poland Revenue Million Forecast, by Country 2019 & 2032
- Table 5: Global Construction Market in Poland Revenue Million Forecast, by Sector 2019 & 2032
- Table 6: Global Construction Market in Poland Revenue Million Forecast, by Country 2019 & 2032
- Table 7: United States Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Canada Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Mexico Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Global Construction Market in Poland Revenue Million Forecast, by Sector 2019 & 2032
- Table 11: Global Construction Market in Poland Revenue Million Forecast, by Country 2019 & 2032
- Table 12: Brazil Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Argentina Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Rest of South America Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 15: Global Construction Market in Poland Revenue Million Forecast, by Sector 2019 & 2032
- Table 16: Global Construction Market in Poland Revenue Million Forecast, by Country 2019 & 2032
- Table 17: United Kingdom Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Germany Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: France Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Italy Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Spain Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Russia Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: Benelux Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Nordics Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Rest of Europe Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Global Construction Market in Poland Revenue Million Forecast, by Sector 2019 & 2032
- Table 27: Global Construction Market in Poland Revenue Million Forecast, by Country 2019 & 2032
- Table 28: Turkey Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 29: Israel Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 30: GCC Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 31: North Africa Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: South Africa Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 33: Rest of Middle East & Africa Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: Global Construction Market in Poland Revenue Million Forecast, by Sector 2019 & 2032
- Table 35: Global Construction Market in Poland Revenue Million Forecast, by Country 2019 & 2032
- Table 36: China Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 37: India Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Japan Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 39: South Korea Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: ASEAN Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 41: Oceania Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Rest of Asia Pacific Construction Market in Poland Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Construction Market in Poland?
The projected CAGR is approximately 4.62%.
2. Which companies are prominent players in the Construction Market in Poland?
Key companies in the market include Panattoni Development Europe Sp z o o *List Not Exhaustive, PRZEDSIEBIORSTWO USLUG TECHNICZNYCH INTERCOR Sp z o o, WARBUD SA, Strabag Sp z o o, Mobile Services Team Sp z o o, ERBUD SA, EUROVIA POLSKA SA, UNIBEP SA, SKANSKA SA, PORR SA, TORPOL SA, BUDIMEX SA.
3. What are the main segments of the Construction Market in Poland?
The market segments include Sector.
4. Can you provide details about the market size?
The market size is estimated to be USD 116.22 Million as of 2022.
5. What are some drivers contributing to market growth?
Demand for Transportation Infrastructure is increasing in Netherlands; Growth in Travel and Tourism is driving the need for Transportation Infrastructure..
6. What are the notable trends driving market growth?
Demand for Infrastructure to Boost the Construction Sector.
7. Are there any restraints impacting market growth?
High cost of the construction projects; Limited space availability for new projects.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 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 "Construction Market in Poland," 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 Construction Market in Poland 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 Construction Market in Poland?
To stay informed about further developments, trends, and reports in the Construction Market in Poland, 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