Estimate the value of market

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Reference no: EM133018200

For Hyundai Motor Company, estimate the value of their market.

For instance, suppose low-weight mountain bicycles have a market size of 300,000 units a year with a $500 average price. Then the market value would be $150,000,000.

Then estimate the total addressable market or TAM (this is the fraction of the total market you realistically estimate to get. Most businesses have a relatively modest market share, well under 20%.)

Reference no: EM133018200

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