Industry Resources
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Understand the Industry Landscape: This is important for evaluating a company’s performance and growth potential.
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Gain Insights from Industry Research: Learn about market trends, competitive dynamics, and emerging opportunities, which are key for strategic decision-making.
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Assess Competitor Positioning: Analyze industry resources to see where a company stands relative to its competitors and identify key market opportunities.
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Anticipate Challenges: Industry research helps forecast potential challenges, such as technological changes or regulatory shifts, that may impact future performance.
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Start with Industry Surveys: These surveys provide detailed analyses of market conditions, including size, growth rates, and key players.
Here are some useful databases for industry surveys and reports:
- IBISWorld This link opens in a new windowIndustry reports cover competition, supply chains, statistics, key issues, and include U.S. and global data, plus nonprofit sectors.
- Hoover's Industry Snapshots This link opens in a new windowProvides more than 600 industry snapshots from Hoovers Company and Industry Reports via Nexis Uni.
- NetAdvantage This link opens in a new windowOffers industry surveys, company profiles, stock reports, and sub-industry reviews. Each survey includes trends, operations, data, and trade association links.
