market penetration
market penetration noun: the degree to which a product or service has reached its target market; the amount of sales volume of an existing good or service compared to the total target market for that product or service.
Noun
market penetration (countable and uncountable, plural market penetrations)
- The degree to which a product or service has reached its target market; the amount of sales volume of an existing good or service compared to the total target market for that product or service.
Forms of market penetration
| plural | market penetrations |
|---|
Questions about market penetration
- What does market penetration mean?
- Market penetration means the degree to which a product or service has reached its target market; the amount of sales volume of an existing good or service compared to the total target market for that product or service.
- What part of speech is market penetration?
- Market penetration is a noun.
- What is the plural of market penetration?
- The plural of market penetration is market penetrations.
Words near market penetration in the dictionary
Source and license
Adapted from Wiktionary: market penetration (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “market penetration.” Word.ws, https://word.ws/market_penetration. Based on Wiktionary, CC BY-SA 4.0.
