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Industrial classification codes (NAICS & SIC) are used to classify and measure industry activity. Knowing the code for your industry will help you find reports, articles, and other information about that industry.
Steps to take:
There are different approaches to figure out market sizing:
  • ​​Look for reported numbers in analyst reports (i.e. number of customers reported by competitors, market share, revenue)
  • ​Compile both competitor revenue and number of customers

​A few questions to ask when sizing the market:

  • Does the market consist of business (B2B) or consumers (B2C)?
  • Does the market organize itself by product, by segment, geography, or other?
  • ​What is the total market size (Total Addressable Market - TAM), the portion of TAM which your company's product and/service address (Serviceable Available Market - SAM), and the portion of SAM which your company can capture besides your competitors (Serviceable Obtainable Market - SOM)?

​To get started, you can get familiarized with the target industry and the major players by exploring the Industry Research Guide. You can also conduct market research following the instructions within this guide.

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Industrial Classification Systems

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Country, Company & Market Research

Country Research Guide

  • Doing Business In..... Guides For Starting A Business In Other Countries
  • Economic Information By Country
  • Industry Information By Country
  • Market & Investment Potential
  • Political Risk

Company Research Guide

  • Analyst Reports
  • Annual Reports & SEC Filings
  • Company Information
  • Competitors
  • Corporate Structure
  • SWOT Analyses

Market Research Guide

  • Advertising Expenditures
  • Consumer Behavior
  • Demographics & Target Markets
  • Market Research Databases
  • Product Research
  • Public Opinion & Viewpoints
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Business Librarian

Loretta Wallace, MLS's picture
Loretta Wallace, MLS
Ask Questions: UTBusinessLibrarian@lib.utexas.edu l.wallace@austin.utexas.edu
Contact:
RRH 3.424A
(512) 495-4271
Website

Search Tips

  • Organizations and Associationsuse a Google search to find these for your industry, often have free statistics
  • Google for presentations and white papers.  Use "filetype:ppt" or "filetype:pdf"
  • Sign up for a free account with Gartner. We don't subscribe but they provide free information in their newsletters and emails.

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