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Rapid Growth Market Definition

rapid-growth market – n : stage of market development where competitors are scaling rapidly to meet growth in customer demand (often in excess of 50%/year); Vendors have crossed the chasm and are selling to early majority (pragmatist, or mainstream) customers; competition around customer references, emerging industry standards, and service; IPOs occur more often in  rapid-growth markets.

Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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