Market Penetration Write For Us – Market penetration refers to the success of a product or service in capturing a share of the existing market. It’s a measurement of how well a company has saturated its target market with its offerings
Here Are Some Examples of Market Penetration:
- The market penetration of smartphones in the United States is over 80%.
- The market penetration of Netflix in the United States is over 60%.
- The market penetration of electric vehicles in the United States is still relatively low, at around 2%.
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- Market penetration rate
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