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Dear Vinod,
The best way to analyse the need is to perform a market research. If the scope of the product allows you can go ahead with full scale market research, but in many cases just by talking to your potential customer you can judge if you are moving towards rite direction or not.
Hope it helped.
Regards,
M Abdul Rehman
Yes! The internet is full of this information. I personally like to visit wired.com and indiegogo.com
The right research is all you need.