How to Spot the Various Available Industry Trends
Are you searching for useful tool to spot industry trend reports? You should rest assured that assessment of the structure of the industry would be done by analyzing the five imperative forces such as bargaining power of buyers, bargaining power of sellers, threat of substitutes, threat of new entrants and rivalry amongst several competitors.
The greater market share and higher ability for influencing the selling price would be indicative of consolidation trend. It would be pertinent to mention here that the profits would rise and costs would decline. The expansion of the various areas of operation, customer base, product line and technical capabilities would encourage various companies to consolidate.