Question

How can we determine the size of an industry​

Answer 1

Answer:

Hope it Helps !!!

Explanation:

1) Define your target customer.

2) Estimate the number of target customers.

3) Determine your penetration rate.

4) Calculate the potential market size: Volume and value.

5) Apply the market-size data.

Answer 2

Answer:

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Explanation:

1) Define your target customer.

2) Estimate the number of target customers.

3) Determine your penetration rate.

4) Calculate the potential market size: Volume and value.

5) Apply the market-size data.