Vertical Market


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Vertical Market

The market for a product that only appeals to a single industry. For example, an airplane manufacturer is likely to sell airplanes predominantly or exclusively to airlines. A vertical market can be very profitable when there are only a few sellers in it; however, even a small amount of competition can drive down profit margins significantly. See also: Horizontal market.
References in periodicals archive ?
IT Outsourcing Forecast and Analysis by Vertical Market, 2003-2007, (IDC #30269) presents the five-year forecast for the U.
Many vertical markets were accustomed to pen-based computing, and saw the Tablet PC as giving them the flexibility of pen-based computing plus access to all software that runs on Microsoft's XP operating system," said Brian O'Rourke, a senior analyst with In-Stat/MDR.