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Market Research and Statistical Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Market Research and Statistical Services Market Research Report | ANZSIC M6950 | Nov 2012

Double-edged sword: Growth in online media usage presents challenges and opportunities

IBISWorld’s Market Research and Statistical Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 08-13
0.3%
Annual Growth 13-18
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Profit
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Employment
15,100
Businesses
392
Industry Analysis & Industry Trends

The lifeblood of the Market Research and Statistical Services industry is research into target markets of clients and government agencies that provide goods and services to consumers. Research provided by the industry commonly aims to provide information to help the development of new products, advertising strategies, and strategic decisions such as expansions into new markets, and garner voting intentions.

The economic downturn in 2008-09 led many consumer-focused businesses - particularly those with an emphasis on big-ticket or highly discretionary items - to slash marketing budgets and investment in new products as revenue fell. This flowed through to reduced market research spending, with industry revenue falling in two consecutive years to $1.01... purchase to read more

Industry Report - Industry Investment Chapter

The capital to labour intensity ratio measures the amount of labour used in the provision of services by the industry compared to capital costs. The ratio determines if an industry is subject to a low, medium or high intensity level. In the absence of official data, depreciation and wage costs are used as proxies for capital and labour, respectively. Using data from the industry's cost structure, the ratio is calculated as 1:18.3, meaning that for every dollar spent on the use and replacement of buildings, vehicles and equipment, around $18.30 is spent on wages.

This ratio shows that the industry is labour intensive... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Market Research and Statistical Services Industry?

Market researchers conduct public opinion polls, and qualitative and quantitative research on behalf of clients. The information gathered is usually for the purposes of understanding the opinions, needs and wants of particular demographics or targeted consumer groups.

Industry Products
Qualitative researchQuantitative research - personalQuantitative research - telephoneQuantitative research - panelQuantitative research - online
 
Industry Activities
Market research Public opinion research Data analysis


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