IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of expertise building and maintaining rich datasets and forecasting instruments. We are proud to be the keystone supply of business information for thousands of firms the world over. Finally, IBISWorld’s global information scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to assist inform trade information and developments. They also preserve a database of statistics and analysis on thousands of industries, which has been constructed over our more than 50-year history and offers comprehensive insights into long-term trends. IBISWorld relies on human-verified data and human-written analysis to compile each normal trade report.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they could use regression evaluation, multivariate evaluation, time-series evaluation or exponential smoothing strategies to project future data check for the trade or driver. Additionally, analysts will leverage their native data of business operating and regulatory circumstances to impart their greatest judgment on the forecast mannequin.
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