Research Methodology on Parental Control Software Market
Introduction
Parental control software is a type of security software specifically designed to monitor the activity of children or adolescents over the internet. Such software programs are designed to give parents insight and control into their child's internet usage and to prevent them from indulging in activities that are considered inappropriate for young children or teenagers. The rising accessibility and affordability of digital devices and the increased Internet penetration among adolescents and adults have resulted in a surge in the demand for parental control software across the globe.
Market Research Future (MRFR) has recently published a detailed market research report on the global parental control software market which provides comprehensive and reliable insights into the global market including its market drivers, restraints, segmentation, competitive landscape, and opportunities.
Research Objectives
The main objective of this research report is to gain a comprehensive understanding of the global parental control software market, including its size, growth rate, drivers, restraints, challenges, risks, market segments and competitive structure.
Research Methodology
The research methodology adopted for the study includes a combination of primary and secondary research approaches. Primary research includes surveys, interviews and discussions with industry experts, while secondary research includes an extensive literature review, industry journals, online repositories, financial reports, and annual reports of key market players. Furthermore, quantitative and qualitative analytical tools such as Porter’s Five Forces analysis and SWOT analysis were employed to assess the market’s potential and evaluate its attractiveness.
Data Collection
Primary data is collected through various interviews with industry experts, industry professionals, market analysts, and other stakeholders. The collected data is then analysed using qualitative and quantitative analytical methods. The secondary data are derived from government reports, industry journals, databases, and other published sources related to parental control software.
Primary Data Collection
The primary data is collected through a total of 50 interviews conducted with various industry insiders such as market analysts, industry experts, industry professionals, business consultants, and other stakeholders involved in the parental control software market. The interviews were conducted over the internet using audio and video conferencing tools.
Secondary Data Collection
Secondary data is collected from a wide range of sources such as industry publications, government reports and publications, online databases, financial reports, annual reports of key players in the parental control software market, etc. The collected data is then verified for accuracy by carrying out a thorough assessment of the data.
Analytical Tools
To analyse the collected data, various analytical tools such as Porter’s Five Forces Analysis and SWOT Analysis are used. Porter's Five Forces model is used to understand the competitive dynamics of a market and the underlying forces affecting the profitability of the market and the intensity of competition. SWOT analysis is used to analyse the strengths, weaknesses, opportunities and threats of any particular market or product.