market saturation
Frequency: 8.025.5 per million words
when a product has become distributed within a market to the fullest possible extent.
Categories:
Examples (10)
- The company is facing market saturation in its core product line.
- Intense competition is often a sign of market saturation in an industry.
- To avoid market saturation, businesses must constantly innovate or seek new territories.
- Achieving market saturation requires a strategic shift from growth to retention.
- The industry experienced market saturation a decade ago, leading to consolidation.
- Analysts predict market saturation for smartphones in developed countries within five years.
- With almost every household owning one, the television market reached saturation long ago.
- Overcoming market saturation is a major challenge for mature industries.
- Diversification into new products or services can help mitigate the effects of market saturation.
- Some regions are approaching complete market saturation for electric vehicles due to rapid adoption.