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Research Methodology Baseline Methodology Ourdedicated team of industry experts has monitored and analyzed various aspects of global cargo shipping transportation market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as developments in construction sector in emerging countries; home renovations and changing consumer lifestyle trends; etc. and speculated a positive growth during the next 5 years. The study includes market forecasting which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global cargo shipping transportation market. Methodology Followed forCalculation of Market Size: • Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as cargo shipping transportation supplier companies, channelpartners, end users, industry experts, and other industry participants. • The team interviewed more than 25 – 30 cargo shipping transportation supplier companies, 100 – 120 channel partners, 150 – 200 end users, and 15 – 20 industry experts and other value chain stakeholders in global cargo shipping transportation market to obtain the overall marketsize from 2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data from 2016-2020. 17

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