market size vs market volume

Both 'market size' and 'market volume' are correct phrases, but they are used in different contexts. 'Market size' refers to the total value of a market, while 'market volume' refers to the total quantity of goods or services traded in a market. They are not interchangeable as they convey different aspects of a market.

Last updated: March 28, 2024 • 918 views

market size

This phrase is correct and commonly used in business and economics to refer to the total value of a market.

Use 'market size' when referring to the total value of a market, including the total revenue generated by all companies operating within that market.

Examples:

The market size of the tech industry is expected to reach $1 trillion by 2025.
Before entering a new market, it's important to analyze the market size to assess the potential for growth.

Show examples from the web [+]

Indeed, the market size in 2013 almost reached the level of consumption in 2007.
We are equally aware of the discrepancy between the EU audiovisual market size and the position of EU productions within that market.
In the Low Case scenario the market size remains stable, but Combus will fail to win new tenders and Turnover will decline.
The estimated value and impact of advanced materials is significant, with an annual growth rate of about 6 % and expected market size of the order of EUR 100 billion by 2015.
The potential market size for online casinos is much bigger than for online poker rooms.
By contrast, in services, where market size is limited by domestic demand, continued success requires complementary and simultaneous gains in productivity in the rest of the economy.
The estimated value and impact of the sector of advanced manufacturing systems is significant, with an expected market size around EUR 150 billion by 2015 and compound annual growth rate of about 5 %.
Information on likelihood of execution should allow for the calculation of metrics such as the relative market size of a venue in a particular financial instrument or a class of financial instruments.
It recalled that the market in the European Union is governed mainly by public tendering processes with a rather small market size and number of players involved it.
six months, the market size will be reduced by 40%. This year, experts say
one or more of its components are transactions in financial instruments that are large in scale compared with the normal market size as determined by Article 9;
Minimum size of orders qualifying as large in scale compared with normal market size in EUR
As regards the methods used for measuring market size and market shares, both volume sales and value sales provide useful information for market measurement.
Conversely, in markets where the technological intensity is high the lower bound of concentration converges to some positive (non-zero) value when market size increases, while the lower bound increases (from zero) when the level of product homogeneity increases.
at least one of its components is large in scale compared with the normal market size, unless there is a liquid market for the package order as a whole;
The choice of the USA, in accordance with Article 2(7) of the basic Regulation, was considered to be appropriate due to its market size, the level of imports and the strong competition on this market resulting therefrom.
Transaction above the standard market size flag
Their market size, investment and research capacities far exceed those of most Member States.
This is a potential market size approaching two billion customers.Developing the brand is not without its challenges.
5,000% market size growth since 1999

Alternatives:

market value
market worth
market capitalization
market revenue
market evaluation

market volume

This phrase is correct and commonly used in business and economics to refer to the total quantity of goods or services traded in a market.

Use 'market volume' when referring to the total quantity of goods or services exchanged within a market, regardless of their value.