Explain The Difference Between Market Share And Market Size?

CTS SEO answered

Market size is the number of buyers and sellers in a particular market. This is especially important for companies that wish to launch.

Market share is the percentage of a market (defined in terms of either units or revenue) accounted for by a specific entity.

Anonymous answered

Market size is how popular a type of product is, and how much money can be made through potential sales; however market share is a figure to show the proportion of a particular market that is held by a business, product, brand or a number of businesses/products.

Explain The Difference Between Market Share And Market Size?

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