Definition of Market size:
The number of individuals in a certain market who are potential buyers and/or sellers of a product or service. Companies are interested in knowing the market size before launching a new product or service in an area.
How to use Market size in a sentence?
- The market size was really big and had a lot of complexity to it and that made it more intimidating for everyone to work with.
- When determining what kind of business a person should start one should consider the demand in terms of how many people will want whats to offer or market size .
- The management team was concerned about their limited production numbers because they believed the market size demanded a much higher level of output.
Meaning of Market size & Market size Definition