Are you looking for a reliable Czech Republic market research company to help you with your next project? You’ve come to the right spot.
Our bilingual team understands your international research requirements and provides access to a number of different areas. We collaborate with both small and large businesses in various industries.
What do we do?
We identify the optimal solution and assist businesses in achieving their objectives.
What can we do in Czech Republic to help you?
We collect data in Czech and do market research on the whole Czech market. We offer a wide range of qualitative and quantitative market research services, such as online focus groups, traditional focus groups, online discussion boards, in-depth interviews, phone interviews, shop audits, mystery shopping, and car clinics.
We are experts at finding customers, business-to-business clients, and healthcare professionals like doctors, nurses, patients, and caregivers. We can do almost any project because we have a large panel of experts and a team of recruiters right here in the office.
Czech Republic Market Overview
The Czech Republic’s economy is among the most developed in Eastern and Central Europe. Electronics, transportation equipment, pharmaceuticals, the car industry, and tourism are the primary industries in the Czech Republic. The primary imports are petroleum, natural gas, and machinery. Additional imports consist of manufactured products, chemicals, and raw materials.
- The Czech Republic is a developed country with an advanced, high income economy and high living standards.
- Czechia is a thriving market economy that boasts one of the greatest GDP growth rates and lowest unemployment levels in the EU, but its emphasis on exports renders economic growth vulnerable to contractions in external demand.
- The country’s exports comprise about 80% of GDP and mostly consist of autos, the country’s single largest industry.
- After slowly recovering from a deep recession in 2009, the Czech economy again went into recession in 2012 and 2013 because of a decline in demand within the EU and government austerity measures.
Long-term concerns include dealing with a rapidly aging population, a shortage of trained workers, a faltering education system, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy
The most economically active cities in the Czech Republic are Prague and Brno, which are also expected to continue to contribute significantly to the national economy. Increased productivity and extensive digitalization both support the cities’ thriving economies. Moreover, Brno has the best chance of experiencing future economic growth. But, challenges will still exist for the country’s cities, including population aging and rising global inflation over the long run.
Slovakia and Germany are the biggest consumers of Czech exports. These two countries also serve as the principal sources of Czech imports. Other key trading partners are France, Austria, Poland, Italy, the United Kingdom, and the Russian Federation. The United States is another key commercial partner.
The manufacturing industry is the fundamental pillar of the Czech’s economy. There is substantial production from high-tech engineering, machine engineering, and automotive engineering. The Czech Republic is the 12th largest worldwide automotive exporter and has employed over 150,000 people. Statistics suggest that in the year 2010, 54.2 percent of the products of the automotive sector were shipped to Germany, Poland, and Slovakia.
Transportation and telecommunications
Due to terrain, settlement patterns, former federal policies, and geographic orientation toward western Europe, the Czech Republic’s transportation system is more extensive than Slovakia’s. All regions of the country are serviced by rail, the republic is connected to its neighbors, and Prague is linked to the majority of major European cities. Light-rail transit serves the major metropolitan areas. The majority of freight travels along mainline routes, while passenger traffic on shorter routes between the larger cities is significant.
COVID-19 impact on travel
COVID-19 caused lockdowns and border closures in the Czech Republic from late January to mid-February 2021. In Q1 and April-May, the Czech government recommended citizens to travel only if essential. Domestic travel will continue to lead the recovery, followed by European land, European air, and long-haul travel. The travel industry won’t recover until 2023-2024.
Since 1992, the Czech Republic has had a universal health care system based on a model of required insurance, with fee-for-service care paid by employment-related insurance plans. According to the Euro health consumer index for 2018, a comparison of healthcare in Europe, Czech healthcare is ranked fourteenth, only behind Portugal and two positions ahead of the United Kingdom.
What do we provide?
We offer access to our web panel of consumers, healthcare professionals, and business-to-business contacts with full service and recruitment-only options.
All of our project managers are fluent English speakers.
Within moments, our feasibility team responds to any questions about costs and viability and provides in-depth market research on Eastern European markets.
Who do we support:
We deliver online, telephone, and face-to-face market research to enterprises, investors, international market research firms, and online panel suppliers.
A group of trained, skilled, and qualified experts is the foundation of any successful organization. At Stratega Research, we were aware that we required a competent research group, including senior researchers, moderators, and translators with multiple years of experience who are confident in their fields and ensure that customers’ needs are satisfied with excellent research outcomes. So, we never stop believing in the caliber and efficiency of our staff. After a thorough screening process in which their skills, expertise, and talents are evaluated on all fronts, we always select research professionals. The top market analysts in Eastern Europe are who we engaged. These individuals not only possess strong research skills, but they also have extensive knowledge of the Czech Republic market and its operations. Our market research staff is knowledgeable and skilled enough to do any size of market research. To obtain the most precise data, they apply the greatest market research techniques.