Evaluating Data Sources for Market Share in Smartphone Industry
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Added on 2023/01/06
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This report evaluates different online sources for gathering data on market share in the smartphone industry. It compares the reliability, validity, and relevance of information provided by StatCounter and Statista.
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Executive Summary Believing that all sources provide same result and data information about chosen companies or sectors, is considered as one of the drawback point which in turn, impact negatively on a researched data. This report has been entailed how latest versions of different websites are used by … for crushes the competition among them, in terms of offering more reliable and accurate information. The entire discussions on one of the trustable sources like StatCounter and Statistica, which computing platforms are relatively most popular can be determined. For measuring the popularity of these modern computing platforms, number of visitors, both registered and non-registered ones are considered to quoted these widely data sources. The both companies offer same web analytics products which are conceptually similar, but in respective of their website networks, each firm works in differentiated manner.
Table of Contents Executive Summary.........................................................................................................................2 Part 1 – Report and evaluating data sources....................................................................................1 Introduction......................................................................................................................................1 Main Body.......................................................................................................................................1 Sources for gathering data about market share in mobile phone or smartphone industry...........1 Critical Evaluation and Comparison of each data source............................................................2 Conclusion.......................................................................................................................................3 Bibliography....................................................................................................................................5
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Part 1 – Report and evaluating data sources Introduction The present report is going to conduct a study on some online sources that helps researchers in collecting data on a specific topic from broad prospectus. The purpose behind this study is to summarise which source provides better data in terms of validity, reliability and relevance of information(Galli,2020).Forthispurpose,topicwhichischosentocriticallyevaluate effectiveness of different sources is market share in smartphone industry. By searching data on different sources, which one will provide better information to ensure trust can be determined. Main Body Sources for gathering data about market share in mobile phone or smartphone industry First Source – Statcounter Statcounter is one of the web traffic analysis tool, which has launched in 1999 in Ireland. Access to basic data services is free on this website where for obtaining advances services, it costs to near about US$5 to US$ 199 monthly (Anggadwita and et. al., 2020). By gathering data of market share of smartphone industry of UK or other countries, statistician can easily compare the share of various companies from given link – https://gs.statcounter.com/vendor-market-share/mobile/united-kingdom Second Source – Statista This company is specialised with advanced analytics software package, that provides more accurate data by establishing itself as one of the leading provider of consumer and market data. This computing platform contains more than 1 million statistics report on approximate 80,000 sources collected from near about 22,500 sources on 170 different industries (Król and Zdonek, 2020. It has been launched in 2007 by Hamburg that offers statistical survey results both in table and chart format. To gather data on given topic i.e. on smartphone industry and their market share following link on Statista can be used - https://www.statista.com/statistics/387227/market-share-of-smartphone-manufacturers-in-the-uk/ 1
Critical Evaluation and Comparison of each data source Measuring the popularity and effective features of online sources or modern computing platforms seems to be most difficult tasks. As each and every company on the web which provides data on a specific topic, has its own features which can be measured only in terms of their strengths or weaknesses, reliability, accuracy and more. As StatCounter and Statistic are considered as top independentdata-collection organisations on the web.They both offer the web analytics products which are conceptually seems similar to each other(Anggadwita and et. al., 2020). Through sniffing browser strings and tracking codes on different pages in respective networks of their websites, each company has assembled its massive store of data regarding with technology that drive online interactions, in terms of device type (such as mobile, desktop or console), country of origin, OS (operating system), browser, browser version and more. Along with this, for visits from portable PCs and desktop, for each company, there has been a large samples drawn to provide data. The reports cover in Statista are based market and consumer data, where more than 700 experts, doers and 700 visionaries continuously reinvent this software to constantly develop successful new business models and products. Currently, it provides more than 1 million data over 170 industries, where 12 million visitors visit per month on its websites. It has near about 22,500 renowned sources. While in context with StatCounter, the monthly totals of this company are approximate 15 billion viewers for desktop and/or notebook PCs recorded at three million sites. Statista includes both exploratory and analytic graphs including standard 2-D and 3-D dimensional graphs. Along with this, brushing actions like interactive labelling, data exclusion and marking, allow for investigation of exploratory analysis of data and outliers (Galli, 2020). This suite of analytics software provide products and solutions consists an array of data analysis, data mining procedures, data management, visualization and variety of the predictive modelling techniques, including clustering, classification as well as exploratory techniques. Furthermore, some additional techniques are also available via integration with open source R programming. This company also offers various packages of analytical techniques that are available in six product lines. Sincedifferences in sample size on each country basis create a big influence on the usage reports. So,considering the StatCounter,near about26% of mobile views on this website are from India, which makes it as most popular region in mobile dataset. However, only 7% of 2
desktop pageviews of Statcounter come from India, with roughly21.5% of from United States. On the desktop, share for pageviews of U.S. is a bit higher near about 24%. So, these geographic differences might have a huge influence on detailed Statistal breakdowns. In particular, on mobile devices different populations have different use cases(Król and Zdonek, 2020). This online source helps intracking how the key metrics are performed with time by comparing sessions, visitors, pageviews and more for any date range. Along with this, spotting negative trends also aid researchers in reacting quickly and turning things around positive trends for enhancing their market share. Comparison of Statista and StatCounter Online source– Basis of ComparisonStatistaStatCounter WebsitesIthasmorethan179,944 websites Ithas22,500renowned sources NatureIt is a free online stats tool for visitorswhich providesboth free as well as paid options. It offerschancetogrowwith improvement in online users toitsmembersbyallowing them for monitoring number of hits on its websites It generates detailed Statistal dataabouttrafficsources, websites’ traffic and sources oftrafficwithmeasures conversions etc. ReliabilityHaving more than 2 million registered with 170 industries who uses Statista to improve theirbusinessfunctions, indicates that it is one of the trustable and reliable website to collect Statistal data Having more than 2,000,000 web designers, bloggers, SEO professionalsandmarketers who use Statcounter to grow businesses shows reliability of this company Conclusion It has been summarised from all over comparison that both sources that are StatCounter and Statista are trustable websites, from where number of industries and researchers taken data to 3
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analyse market position of companies. But as StatCounter is one of the oldest websites on computing platform and number of visitors are increasing day by day. So, relatively, it is considered as better trust source in terms of modern web browser states which has become more apparent. 4
Bibliography Anggadwita, G. and et. al., 2020, June. Measuring the effectiveness of social media owned by localgovernmentleadersincommunicatingsmartcityprograms.In20208th International Conference on Information and Communication Technology (ICoICT)(pp. 1-5). IEEE. Galli, B. J., 2020. Application of Statistal Analysis Tools and Concepts to Big Data and Predictive Analytics to New Product Development.International Journal of Strategic Engineering (IJoSE),3(1), pp.17-35. Król, K. and Zdonek, D., 2020. Website Optimisation for Search Engines-Concept of Website Profiling.ZeszytyNaukowe.OrganizacjaiZarządzanie/PolitechnikaŚląska,(144), pp.287-298. 5