Top 20 Most Promising Market Research Companies in India 2023

Market research plays a crucial role in the success of any business. It helps companies understand their customers’ needs, preferences, and behaviour, enabling them to create better products and services. In India, the market research industry is growing rapidly, with many promising companies offering high-quality services.

In this article, we will explore the top 20 most promising market research companies in India for 2023. These companies have established a reputation for delivering accurate and actionable insights to help businesses make informed decisions.

The companies on our list offer a range of research services, including market research, competitive analysis, consulting, and more. They cater to clients from various industries, including healthcare, technology, energy, and consumer goods.

The market research companies on our list use the latest technologies and tools to collect and analyze data. They use a combination of primary and secondary research methods to gather data and provide insights. They also use advanced analytics to provide deep insights into customer behavior and market trends.

These companies have a team of experienced researchers, analysts, and consultants who provide deep insights and accurate market intelligence to businesses. Their research reports are known for their comprehensive coverage, accuracy, reliability, and actionable insights. These companies help businesses stay ahead of the competition by providing timely and relevant information.

1. Nielsen India

Nielsen India is one of the top market research companies in India, offering insights and analytics across various sectors such as media, consumer packaged goods, retail, and more. With a focus on providing data-driven solutions to its clients, Nielsen India is known for its expertise in market research, analytics, and measurement.

The company offers a range of services such as audience measurement, brand tracking, consumer insights, and media planning. Nielsen India leverages its global expertise and local market knowledge to deliver high-quality insights to its clients. The company’s data-driven approach and emphasis on delivering actionable insights make it a top choice for businesses in India.

2. Ipsos India

Ipsos India is a leading global market research company with a strong presence in India. The company provides a range of services such as market research, customer satisfaction surveys, brand tracking, and more. Ipsos India leverages its global network of experts and its local market knowledge to provide customized solutions to its clients.

The company is known for its innovative research methods and technologies that deliver accurate insights to its clients. Ipsos India has a strong reputation for delivering high-quality insights that drive business growth, making it a promising market research company in India.

3. Kantar IMRB

Kantar IMRB is a prominent market research company in India, offering insights and analytics across various sectors such as consumer goods, retail, media, and more. The company has a vast network of experts and professionals who provide customized research solutions to its clients.

Kantar IMRB’s services include brand tracking, customer satisfaction surveys, market forecasting, and more. The company’s focus on delivering actionable insights to its clients makes it a top choice for businesses in India. Kantar IMRB’s innovative research methods and use of advanced technologies such as artificial intelligence and machine learning make it a promising market research company in India.

4. International Data Corporation (IDC) India

International Data Corporation (IDC) India is a market research company that specializes in the technology industry. The company provides insights and analysis on emerging technology trends and helps businesses make informed decisions about their technology investments.

IDC India’s services include market sizing and forecasting, competitive analysis, and custom research. The company’s expertise in the technology sector and its data-driven approach make it a top choice for businesses looking to invest in new technology solutions.

IDC India’s focus on emerging technology trends such as artificial intelligence, blockchain, and 5G networks makes it a promising market research company in India.

5. Kantar Millward Brown

Kantar Millward Brown is a global market research company with a strong presence in India. The company provides a range of services such as brand tracking, advertising research, consumer insights, and media planning. With a focus on delivering actionable insights, Kantar Millward Brown is known for its expertise in consumer behaviour and advertising effectiveness.

The company leverages its global network of experts and its local market knowledge to provide customized solutions to its clients. Kantar Millward Brown’s innovative research methods and use of advanced technologies such as artificial intelligence and machine learning make it a promising market research company in India.

6. RNB Research

RNB Research is a leading market research company in India, offering customized solutions across various sectors such as healthcare, education, and consumer goods.

The company provides a range of services such as market research, customer satisfaction surveys, and online data collection. With a focus on delivering high-quality insights, RNB Research uses a combination of quantitative and qualitative research methods to provide accurate and reliable data to its clients. The company’s expertise in research design, data collection, and analysis makes it a promising market research company in India.

7. Majestic MRSS

Majestic MRSS is a full-service market research company in India, offering insights and analytics across various sectors such as healthcare, automotive, and media. The company provides a range of services such as market research, customer satisfaction surveys, and data analytics.

With a focus on delivering actionable insights, Majestic MRSS uses a combination of traditional and innovative research methods to provide customized solutions to its clients. The company’s expertise in data analytics and its use of advanced technologies such as artificial intelligence and machine learning make it a promising market research company in India.

8. Bare International

Bare International is a global market research company with a strong presence in India. The company provides a range of services such as mystery shopping, customer satisfaction surveys, and market research. With a focus on delivering actionable insights, Bare International helps businesses measure and improve customer experiences.

The company’s innovative research methods and use of advanced technologies such as artificial intelligence and machine learning make it a promising market research company in India. Bare International’s emphasis on measuring customer experiences and its expertise in the retail and hospitality sectors make it a top choice for businesses in India.

9. MarketXcel

MarketXcel is a leading market research company in India that specializes in providing customized solutions to its clients. The company offers a wide range of services such as customer satisfaction surveys, brand tracking, and product testing.

MarketXcel’s innovative research methods, including online and mobile surveys, make it a promising market research company in India. With a focus on delivering actionable insights, the company’s expertise in data analytics and its use of advanced technologies such as artificial intelligence and machine learning make it a top choice for businesses in India.

10. Stitch Marketing Research

Stitch Marketing Research is a market research company in India that specializes in providing insights and analytics across various sectors such as healthcare, automotive, and consumer goods. The company offers a range of services such as market research, customer satisfaction surveys, and data analytics.

With a focus on delivering high-quality insights, Stitch Marketing Research uses a combination of quantitative and qualitative research methods to provide accurate and reliable data to its clients. The company’s expertise in research design and analysis, combined with its use of innovative research methods, makes it a promising market research company in India.

11. Antedote

Antedote is a global market research company with a strong presence in India. The company offers a range of services such as brand tracking, advertising research, and consumer insights.

With a focus on delivering actionable insights, Antedote’s innovative research methods, including online and mobile surveys and social media analytics, make it a promising market research company in India. The company’s expertise in consumer behavior and its use of advanced technologies such as artificial intelligence and machine learning make it a top choice for businesses in India.

12. Bixa

Bixa is a market research company in India that specializes in providing insights and analytics across various sectors such as healthcare, education, and finance. The company offers a range of services such as market research, customer satisfaction surveys, and data analytics.

With a focus on delivering high-quality insights, Bixa uses a combination of traditional and innovative research methods to provide customized solutions to its clients. The company’s expertise in research design and its use of advanced technologies such as artificial intelligence and machine learning make it a promising market research company in India.

13. 9series Inc:

9series Inc is one of the most promising market research companies in India, specializing in software development, mobile app development, and data analytics.

Established in 2007, the company has worked with numerous clients globally and has established a reputation for delivering high-quality services. The company has a team of experienced analysts, data scientists, and market research experts who provide deep insights and actionable recommendations to help businesses make informed decisions.

The company’s services include market research, competitive analysis, customer research, product research, and pricing research. Its clients come from various industries, including healthcare, education, retail, logistics, and finance. The company’s approach to market research is data-driven, and it uses the latest technologies and tools to collect and analyze data.

14. Future Market Insights:

Future Market Insights is a leading market research firm based in India, with offices in the US and Europe. The company provides research and consulting services to clients across various industries, including healthcare, automotive, consumer goods, and IT. The company’s services include market research, competitive analysis, consumer research, and strategic consulting.

Future Market Insights has a team of experienced analysts who use a combination of primary and secondary research methods to gather data and provide insights. The company’s research reports are known for their accuracy, reliability, and depth of analysis. Its clients include Fortune 500 companies, startups, and government organizations.

15. Clootrack:

Clootrack is a fast-growing market research company based in Bangalore, India. The company provides AI-powered market research solutions that help businesses make data-driven decisions. Clootrack’s services include brand tracking, customer experience tracking, and product tracking.

The company’s proprietary AI algorithms analyze customer feedback from various sources, such as social media, review websites, and customer support channels, to provide real-time insights. The insights help businesses understand customer sentiment, identify trends, and make informed decisions. Clootrack’s clients come from various industries, including e-commerce, healthcare, and hospitality.

16. Velox Consultants:

Velox Consultants is a boutique market research firm based in Mumbai, India. The company provides research and consulting services to clients across various industries, including healthcare, finance, and technology. Velox Consultants’ services include market research, competitive analysis, customer research, and strategic consulting.

The company’s team of experienced analysts uses a combination of primary and secondary research methods to gather data and provide insights. Velox Consultants’ research reports are known for their accuracy, reliability, and depth of analysis. Its clients include startups, mid-size companies, and Fortune 500 companies.

17. TechSci Research LLC:

TechSci Research LLC is a leading market research and consulting company in India that offers custom research solutions to clients worldwide. Founded in 2010, the company has a team of expert analysts, consultants, and research professionals who provide deep insights and accurate market intelligence to businesses.

TechSci Research LLC’s services include market research, competitive analysis, market entry strategy, and consulting. Its clients come from various industries, including automotive, chemicals, energy, healthcare, and technology. The company’s research reports are known for their comprehensive coverage and accurate market sizing.

The company uses a combination of primary and secondary research methods to collect data and provide insights. It also uses advanced analytical tools and techniques to analyze the data and provide accurate market intelligence to clients. TechSci Research LLC’s research reports help businesses make informed decisions and stay ahead of the competition.

18. User Connect Consultancy:

User Connect Consultancy is a fast-growing market research company based in Delhi, India. The company offers a range of research services, including user research, customer experience research, and market research. Its clients come from various industries, including healthcare, e-commerce, and technology.

User Connect Consultancy uses a combination of qualitative and quantitative research methods to gather data and provide insights. The company’s research reports are known for their accuracy, reliability, and actionable insights. User Connect Consultancy’s services help businesses understand their customers’ needs, preferences, and behavior, enabling them to create better products and services.

The company’s team of experienced researchers and analysts uses the latest research tools and techniques to collect and analyze data. It also uses advanced analytics to provide deep insights into customer behavior and market trends. User Connect Consultancy’s research reports help businesses make informed decisions and stay ahead of the competition.

19. Task Virtual:

Task Virtual is a leading market research and consulting company in India that offers a range of research services, including market research, competitive analysis, and consulting. Founded in 2010, the company has a team of expert analysts, consultants, and research professionals who provide deep insights and accurate market intelligence to businesses.

Task Virtual’s clients come from various industries, including healthcare, energy, automotive, and technology. The company’s research reports are known for their comprehensive coverage and accurate market sizing. Task Virtual uses a combination of primary and secondary research methods to collect data and provide insights.

The company’s team of experienced analysts uses the latest research tools and techniques to collect and analyze data. It also uses advanced analytics to provide deep insights into customer behavior and market trends. Task Virtual’s research reports help businesses make informed decisions and stay ahead of the competition.

20. Statzy Market Research:

Statzy Market Research is a market research and consulting company based in Mumbai, India. The company offers a range of research services, including market research, competitive analysis, and consulting. Its clients come from various industries, including healthcare, technology, and consumer goods.

Statzy Market Research uses a combination of primary and secondary research methods to gather data and provide insights. The company’s research reports are known for their accuracy, reliability, and actionable insights. Statzy Market Research’s services help businesses understand their customers’ needs, preferences, and behavior, enabling them to create better products and services.

The company’s team of experienced researchers and analysts uses the latest research tools and techniques to collect and analyze data. It also uses advanced analytics to provide deep insights into customer behavior and market trends. Statzy Market Research’s research reports help businesses make informed decisions and stay ahead of the competition.

Conclusion:

In conclusion, India’s market research industry is growing rapidly, with many promising companies offering high-quality services. The above-mentioned market research companies have established a reputation for delivering accurate and actionable insights to help businesses make informed decisions.

These companies use the latest technologies and tools to collect and analyze data, providing deep insights into market trends and consumer behavior.