At the installation ceremony, Tinubu-Ojo urged the market leaders
to see their installation as an opportunity to serve the traders.
One of the most concise definitions of a market leader
comes from the Economic Times of India:'A market leader
could be a product, brand, company, organization, group name which has the highest percentage of total sales revenue of a particular market.
Salesforce is still clearly the market leader
, holding three times the market share of its nearest competitors, but the other top vendors are seeing declines or softer growth that is being absorbed by smaller, more niche players.
David Norris MD, (DCN) comments, "This is a great opportunity for DCN and our customers who will benefit from an improved service; as well as being a market leader
in bespoke food processing equipment, this provides our customers with an alternative for selling and sourcing used equipment from an associated company."
Switzerland-based Kuoni, which employs 7,500 people worldwide and has extensive operations in the UK, is the market leader
in holidays to Asian destinations while First Choice's brands include Unijet, Falcon and Sovereign.
Two of the UK's best-known tour operators were today reported to have held talks about creating a rival to market leaders
Tui and Thomas Cook.
The synergies of these two market leaders
will allow for greater growth and market penetration.
The three market leaders
taken together account for 78.9 percent of the market.
This is especially true for manufacturing companies seeking to become market leaders
. Component customization is an effective way to create a truly unique end product that outperforms your competition.
Industry research from firms such as InterUnity Group reports, "Market leaders
recognize the value of strategic IT management and have made it a core competency.
One of the best business books is The Discipline of Market Leaders
: Choose Your Customers, Narrow Your Focus, Dominate Your Market by Michael Treaty and Fred Wiersema.
EDS PLM Solutions, IBM/Dassault Systemes, CNC Software, and Open Mind Technologies were named worldwide CAM software market leaders
for 2002 in CIMdata's NC Software and Services Market Assessment Report version 12.