MarketsandMarkets Reaches Significant Milestones, Elevating its Leadership Position in the Global Research and Advisory Market
MarketsandMarkets services more than 5,000 corporate clients
globally, achieving more than 100 percent revenue growth in the last two
years
CHICAGO–(BUSINESS WIRE)–MarketsandMarkets,
the world’s largest revenue impact research and advisory firm focused
exclusively on emerging, high-growth markets, today announced it has
achieved significant milestones in terms of growth and global expansion.
MarketsandMarkets achieved more than 100 percent revenue growth over the
last two years and currently serves more than 5,000 corporate clients
worldwide, including 80 percent of global Fortune 2000 companies.
Elevating its leadership position in the global research and advisory
market, MarketsandMarkets recently established a U.S. headquarters in
Chicago with plans to rapidly hire U.S.-based talent over the next few
years.
According to the Global
Entrepreneurship Monitor 2015/2016 Global Report, more than half of
businesses fail due to lack of profits or financial funding. While
today’s revenue comes from known sources and established, mature
markets, future revenue will depend heavily on identifying new sources
of income. MarketsandMarkets is the only firm that provides exclusive
insights on more than 30,000 emerging, high-growth niche markets not
currently tracked by any other firm, enabling its clients to identify
new revenue opportunities and build competitive advantage. Additionally,
by mapping out a company’s entire customer ecosystem, MarketsandMarkets
is able to identify future revenue not just for its client, but the
client’s customers and the customers’ customers, as well.
“I founded MarketsandMarkets because I recognized that the world is
increasingly becoming interconnected, and no research existed at the
time on next-generation opportunities that impact a company’s entire
ecosystem,” said Sandeep Sugla, founder and CEO of MarketsandMarkets.
“As we continue to ramp up our offerings and expand into new markets,
our vision remains the same, to arm our clients with an extended lens on
future disruptions that support revenue growth goals."
Since launching in 2010, MarketsandMarkets has achieved the following
milestones:
-
Grown from 20 employees to more than 1,400, including 850 fulltime
analysts and subject matter experts (SMEs) - Achieved more than 100 percent revenue growth over the last two years
-
Currently serves more than 5,000 corporate clients worldwide,
including 80 percent of global Fortune 2000 companies -
Raised $56
million in funding in March 2017 -
Established a U.S. headquarters in Chicago and hired a new chief
operating officer in 2017, with plans to rapidly add U.S.-based talent
over the next few years -
Launched an international training program that enables employees to
learn from some of the best minds in the world while gaining a global
perspective on the connected market ecosystem
“It’s exciting to be a part of a global company that is completely
disrupting the way businesses identify future revenue sources,” said
Shaliendra Singh, chief operating officer at MarketsandMarkets. “No
other company in the world understands the interconnectivity of niche
markets the way we do, and provides actionable insights that impact
revenue growth. The future looks bright for MarketsandMarkets, and I’m
committed to help further elevate our client service to new heights and
accelerate our growth globally, particularly in the U.S.”
In addition to competitive intelligence, MarketsandMarkets also provides
detailed market segmentation for industries such as technology, services
and applications across all geographies. By providing research ahead of
the curve, MarketsandMarkets is uniquely positioned to help its clients
identify new opportunities, most important customers and sources of
incremental future revenue.
About MarketsandMarkets
MarketsandMarkets provides quantified B2B competitive intelligence
research on high-growth emerging niche markets that will impact future
revenue mix of 70-80 percent of companies worldwide. Following its
unique Growth Engagement Model (GEM), MarketsandMarkets helps clients
identify new opportunities, most important customers and sources of
incremental revenues for both the clients and their competitors as well
as develop "attack, avoid and defend" strategies. With more than 850
fulltime analysts and subject matter experts (SMEs), the company serves
more than 5,000 corporate clients worldwide, including 80 percent of
global Fortune 2,000 companies. Its global headquarters is located in
Pune, India, and the U.S. headquarters is in Chicago. For more
information, visit http://www.marketsandmarkets.com/
or follow on Twitter @MarketsandMarkets.
Contacts
for MarketsandMarkets
Amanda Corey, 703-483-3678
[email protected]