What does market size mean?

Best answer: The market size refers to the market capacity, which mainly refers to the overall size of the target product or industry, and may include the output and output value of the target product or industry within a specified time, according to the survey results of population, people’s needs, age distribution and regional wealth.

1. Market scale refers to the market capacity, which is mainly the overall scale of the research target product or industry, and may include the output and output value of the target product or industry within a specified time, according to the results of population, people’s needs, age distribution, and the degree of wealth in the region. Market size and competitiveness may directly determine the scale of investment in new product design and development. The market forecast of demand directly determines whether enterprises should carry out innovative experiments and investment in this product, and the market scale is the target of demand measurement.

2. Industrial scale refers to the output scale or operation scale of a class of industries, which can be expressed by gross domestic product or output. In a narrow sense, industrial scale is one of the industrial index systems, which refers to the scale of an industrial enterprise’s annual main business income (product sales income), with more emphasis on industrial indicators.

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