This question is about what an industrial analyst does.

What is industry analysis?

By Zippia Team - Dec. 9, 2022

Industry analysis is a marketing process that provides statistics about the market potential of your business products and services. This plan should have specific information about the current state of the market and potential target markets.

An industry analysis often uses visuals such as charts and spreadsheets to represent information on market potential. Most industry analyses include information on an industry, such as forecasts, potential government regulations, the company's specific role, and potential risks and limitations.

Industry analyses are extremely important for understanding how a company can best use its tools to maximize profits and growth. Industry analyses give data on exactly how the market is working and the potential for how it could work with specific products and services you provide.

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