Market Opportunity

Overview

Oakland’s market opportunity services include mapping of new opportunities both within and between a range of industry sectors and geographies. These can be extended to provide detailed explorations of zones of opportunity in further studies.

Oakland’s sources for market opportunity studies include published data such as market reports and publications in trade and technical press. Very often, however, the most valuable insights are gathered by interviewing stakeholders, such as key opinion formers, key opinion leaders, market players, and customers. By applying both methodologies developed in-house and standard industry tools, Oakland interprets the data to provide an objective assessment of potential market opportunities.

Identifying marketing opportunities

Oakland carries out market explorations, ranging from landscaping studies of broad areas, to more detailed studies of new zones of opportunity, and in-depth analyses of individual business propositions.

Landscaping studies are often carried out when clients know that they need to break into a market area, but they are uncertain of the focus or the detail of the business proposition. As a first step, Oakland undertakes a broad scoping analysis of the overall market landscape, looking at factors such as:

  • New revenue streams for technology
  • White space opportunities in target markets
  • Extreme user innovations for mainstream markets
  • Potential partners and suppliers for market entry

Detailed market studies may include:

  • Assessment of current and future market trends
  • Investigation of consumer insights and satisfaction with existing offerings to define and evaluate unfulfilled market needs
  • Identification of new markets for technology capabilities
  • Identification of potential disruptive product opportunities

Market opportunity analysis

Once potentially valuable new markets have been identified, Oakland’s methodology can be applied to develop and evaluate business propositions, including the use of tools such as SWOTB analyses, as well as for profiling of competitors and potential partners. These studies are driven by a wide variety of factors, including

  • The desire to find and evaulate opportunities for market entry in target segments
  • The need to source new revenue streams for existing technologies and capabilities
  • The quest for evidence to assist decision-making

Case study snapshots

Case study snapshots