Methodology

How we gather reliable data

Last updated: 5th August 2023
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Our methodology is designed to ensure transparency, accuracy, and credibility in the statistics we present.

This page outlines the key elements of our data collection and analysis processes.

Data Sourcing

Absrbd aggregates data from a wide array of reputable sources, including:

  • Government Publications: We utilize official statistics from national and international governmental organizations.
  • Industry Reports: Our data is sourced from leading market research firms and industry experts.
  • Academic Studies: We incorporate findings from peer-reviewed research to enhance the depth and reliability of our statistics.
  • Primary Research: In addition to aggregating existing data, we conduct our own surveys and studies to fill gaps in the available information.

While we compile and present this data, it is important to note that Absrbd does not conduct all original research.

Instead, we serve as a trusted aggregator, providing users with comprehensive access to essential statistics.

Data Collection Techniques

Surveys

Our survey methodologies adhere to the highest standards set by organizations such as ESOMAR. Key features include:

  • Random Sampling: We employ random sampling techniques to ensure that our survey respondents represent the broader population.
  • Quota Guarantees: We implement quotas to ensure that specific demographic groups are adequately represented in our surveys.

Market Research

Absrbd utilizes both top-down and bottom-up approaches to determine market sizes and trends:

  • Top-Down Approach: We analyze macroeconomic data and industry reports to estimate market potential.
  • Bottom-Up Approach: We gather data from individual companies and sectors to build a comprehensive view of the market landscape.

Data Processing and Quality Control

To maintain the highest standards of data quality, we implement a multi-step quality control process:

  • Data Verification: Each data point is checked for accuracy against multiple sources.
  • Validation: We ensure that the data aligns with established benchmarks and trends.

In addition, we employ advanced statistical models and forecasting techniques, including:

  • Exponential Trend Smoothing: This method helps identify underlying trends in data over time.
  • S-Curve Functions: We use this technique to model growth patterns in various markets.

Updates and Comparability

Absrbd is dedicated to keeping our data current and relevant.

We regularly update our statistics, with some markets receiving ad hoc updates based on new information.

It is important to note that changes in methodology may affect the comparability of data over time.

We strive to communicate any significant changes to our users, ensuring they are informed about the implications for their analyses.

Conclusion

We are committed to providing high-quality data through rigorous methodologies. Our ongoing efforts to enhance our processes ensure that we meet the evolving needs of our users.

We encourage you to explore our resources for further information on specific methodologies used in different reports.

Thank you for trusting Absrbd as your source for reliable statistics.Our methodology is designed to ensure transparency, accuracy, and credibility in the statistics we present.