Red Ocean
A market space that is already crowded with competition, where companies fight for market share, leading to intense rivalry and lower profitability.
A market space that is already crowded with competition, where companies fight for market share, leading to intense rivalry and lower profitability.
A strategic research process that involves evaluating competitors' products, services, and market positions to identify opportunities and threats.
The overall market environment in which a business operates, including the strengths and weaknesses of competitors.
A small, specialized market segment focused on a particular product or service, often characterized by a unique demand.
The systematic investigation of competitor activities, products, and strategies to gain insights and inform decision-making.
An established company or market leader that holds a significant market share and has a strong presence in the industry.
Obstacles that make it difficult for new competitors to enter an industry, such as high capital requirements, strong brand loyalty, or regulatory hurdles.
Serviceable Obtainable Market (SOM) is the portion of the Serviceable Addressable Market that a company can realistically capture.
A market space that is unexplored and uncontested, where companies can create new demand and capture significant market share without much competition.