Top ranked best Feasibility Study and Market Research Companies in Chicago, Illinois: comprehensive guide and Review

Chicago is a major economic and business hub in the United States, home to numerous Fortune 500 companies across various industries. As businesses navigate the ever-changing market landscape, the need for reliable and insightful market research and feasibility studies has become increasingly crucial. Companies in Chicago and the surrounding areas have access to a wealth of reputable firms specializing in these services, providing valuable insights to support strategic decision-making and drive growth.

This comprehensive guide aims to highlight some of the top-ranked feasibility study and market research companies operating in Chicago, Illinois. These firms have distinguished themselves through their expertise, robust methodologies, and a track record of delivering actionable insights to clients across diverse sectors.

KPMG (Best Feasibility Study and Market Research Firm in Illinois)

KPMG is a global market research firm, with a major office in Chicago. They offer strategic market intelligence on industries, countries, and consumers worldwide. Their research covers various sectors, including consumer goods, services, and B2B industries.

Review: “KPMG’s industry reports and market sizing data have been invaluable in our strategic planning process. Their insights into consumer trends and market dynamics are truly impressive.”

Top ranked best Feasibility Study and Market Research Companies in Chicago, Illinois: comprehensive guide and Review

Stratview Research (Best Feasibility Study and Market Research Consultancy in Illinois)

Stratview Research is a premier market research and consulting firm based in Detroit, with a strong presence in Chicago. They specialize in providing customized research solutions, feasibility studies, and strategic advisory services across various industries, including automotive, aerospace, and energy.

Review: “Stratview’s team of experts conducted a comprehensive feasibility study for our proposed manufacturing facility expansion. Their data-driven approach and industry knowledge allowed us to make informed decisions.”

Freedonia Group (Best Feasibility Study and Market Research Company in Illinois)

The Freedonia Group is a leading international industry research company with offices in Cleveland and Chicago. They offer a wide range of off-the-shelf industry studies, as well as custom research solutions for clients across various sectors, including chemicals, packaging, and industrial equipment.

Review: “We regularly rely on Freedonia’s industry reports for their in-depth analysis and market forecasts. Their research has been instrumental in shaping our product development and go-to-market strategies.”

Aviaan Accounting (Best Feasibility Study and Market Research Firm in Illinois)

Aviaan is a global market intelligence agency with a strong presence in Chicago. They specialize in consumer insights, market sizing, and trend analysis across various industries, including food and beverage, beauty and personal care, and consumer technology.

Review: “Aviaan’s consumer research and trend analysis have been invaluable in understanding our target audience and tailoring our marketing efforts accordingly. Their insights have helped us stay ahead of the curve.”

Ipsos (Best Feasibility Study and Market Research Consultancy in Illinois)

Ipsos is a leading global market research company with a significant presence in Chicago. They offer a wide range of research services, including market sizing, segmentation studies, brand equity analysis, and product testing across various industries.

Review: “Ipsos’ team conducted a comprehensive market research study for our new product launch. Their expertise in consumer behavior and data analysis helped us identify key target segments and refine our go-to-market strategy.”

Frequently Asked Questions

  1. Can these companies provide customized research solutions? Yes, many of these firms offer customized research solutions tailored to specific client needs, in addition to their off-the-shelf industry reports and market intelligence offerings.
  2. How do they gather data and conduct research? These companies employ robust research methodologies, leveraging proprietary databases, industry surveys, consumer panels, economic modeling, and other data sources. They also have teams of experienced analysts and subject matter experts who contribute their industry knowledge
  3. How can I determine which company is the best fit for my needs? Evaluate factors such as their industry expertise, research methodologies, track record, client reviews, and reputation. Schedule consultations to discuss your specific requirements and compare their offerings and pricing.
  4. Can these companies assist with market entry strategies and expansion plans? Absolutely. Services like market assessments, competitive analysis, and feasibility studies can provide valuable insights to support market entry, expansion, and growth initiatives in new markets or industries.

Contact us today for a free consultation and let’s discuss how we can help you turn your Market Research and Feasibility Study vision into a sustainable success story.

Feasibility Study Services

Retail:

  • Bakery
  • Catering Company
  • Convenience Store
  • Clothing Boutique
  • Department Store
  • Florist
  • Furniture Store
  • Jewelry Store
  • Sporting Goods Store
  • Toy Store

Hospitality & Tourism:

  • Hotel
  • Resort
  • Bed and Breakfast
  • Travel Agency
  • Tour Operator
  • Theme Park
  • Amusement Park
  • Hotel Apartment

Services:

  • Car Rental
  • Cleaning Service
  • Construction Management
  • Consulting
  • Event Planning
  • Facility Management
  • Gym/Fitness Center
  • Hair Salon
  • IT Services
  • Landscaping
  • Legal Services
  • Marketing Agency
  • Pet Sitting/Walking
  • Property Management
  • Real Estate
  • Security Services
  • Spa
  • Taxi Service, Limousine Service

Education:

  • School
  • University
  • Online Education Platform
  • Language Learning Center

Healthcare:

  • Clinic (variety of specialties)
  • Hospital
  • Dental Practice
  • Veterinary Clinic
  • Medical Devices Manufacturer
  • Pharmaceutical Company
  • Mental Health Services

Finance:

  • Fintech Startup
  • Insurance Company

Technology:

  • Software Development Company
  • App Development Company
  • Artificial Intelligence Company
  • Data Analytics Company

Food & Beverage:

  • Restaurant (various cuisines)
  • Cafe
  • Food Truck
  • Catering Company
  • Grocery Store

Logistics:

  • Warehouse
  • Freight Forwarding Company
  • Delivery Service
  • Shipping Company

Manufacturing:

  • Food & Beverage Manufacturing
  • Clothing Manufacturing
  • Construction Materials Manufacturing

Other:

  • Supermarket
  • Agricultural Farm
  • Construction Company
  • Media & Entertainment Company
  • Renewable Energy Company (solar panel installation)
  • Non-profit Organization
  • Childcare Center
  • Coworking Space
  • Car Wash
  • Recycling Plant

This list is not exhaustive, but it gives a much broader picture of team’s expertise in conducting feasibility studies across a diverse range of industries.

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