What do you call the “market cap” of an entire industry/sector?
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Is there a specific word or phrase that can be used to describe the total monetary value (or estimated value) of an entire industry (e.g. the Agriculture industry), or of a narrowly-focused sector (e.g. Invoice Factoring)?
For example:
The "market cap" of the Chinese rising middle-class has exploded in recent years.
Or:
I believe that the "market cap" of the Artificial Intelligence sector will grow exponentially within the next decade; for better or for worse!
If no such word or phrase exists, how can these sentences be rewritten to make sense, most succinctly?
single-word-requests phrase-requests
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Is there a specific word or phrase that can be used to describe the total monetary value (or estimated value) of an entire industry (e.g. the Agriculture industry), or of a narrowly-focused sector (e.g. Invoice Factoring)?
For example:
The "market cap" of the Chinese rising middle-class has exploded in recent years.
Or:
I believe that the "market cap" of the Artificial Intelligence sector will grow exponentially within the next decade; for better or for worse!
If no such word or phrase exists, how can these sentences be rewritten to make sense, most succinctly?
single-word-requests phrase-requests
What's wrong with the obvious option: value?
– Laurel
2 hours ago
@Laurel Maybe it's just me, but I don't think it sounds quite right. Replacing the term "market cap" in each of my two examples, without some additional context, makes me question which value has grown. It is a bit ambiguous. To me it makes it sound like we might mean the social value that these people are improving; not the total monetary value they represent. I think the same logic applies to the 2nd example too. Maybe I'm being a bit pedantic, but even if you amend it to "monetary value" I still don't think it fits right. I'm hoping there's a specific word I'm missing from my vocabulary!
– Danny Beckett
2 hours ago
Seems to me this would be better asked somewhere else, perhaps on Economics SE.
– Hot Licks
2 hours ago
@HotLicks I'd be happy for the question to be migrated there, if you might be able to facilitate it! Thanks:)
– Danny Beckett
2 hours ago
Also: "net worth" probably fits the first example, but not the second. Although it still doesn't properly convey what I'm trying to say; since it could be interpreted to mean that the net worth of the existing Chinese middle-class is increasing. I am trying to convey that this increase in value may be due to more people rising into that class from a lower class; not that the rich are getting richer (albeit this is probably also true)! I appreciate that isn't clear in my original example either!
– Danny Beckett
2 hours ago
add a comment |
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Is there a specific word or phrase that can be used to describe the total monetary value (or estimated value) of an entire industry (e.g. the Agriculture industry), or of a narrowly-focused sector (e.g. Invoice Factoring)?
For example:
The "market cap" of the Chinese rising middle-class has exploded in recent years.
Or:
I believe that the "market cap" of the Artificial Intelligence sector will grow exponentially within the next decade; for better or for worse!
If no such word or phrase exists, how can these sentences be rewritten to make sense, most succinctly?
single-word-requests phrase-requests
Is there a specific word or phrase that can be used to describe the total monetary value (or estimated value) of an entire industry (e.g. the Agriculture industry), or of a narrowly-focused sector (e.g. Invoice Factoring)?
For example:
The "market cap" of the Chinese rising middle-class has exploded in recent years.
Or:
I believe that the "market cap" of the Artificial Intelligence sector will grow exponentially within the next decade; for better or for worse!
If no such word or phrase exists, how can these sentences be rewritten to make sense, most succinctly?
single-word-requests phrase-requests
single-word-requests phrase-requests
asked 2 hours ago
Danny Beckett
218210
218210
What's wrong with the obvious option: value?
– Laurel
2 hours ago
@Laurel Maybe it's just me, but I don't think it sounds quite right. Replacing the term "market cap" in each of my two examples, without some additional context, makes me question which value has grown. It is a bit ambiguous. To me it makes it sound like we might mean the social value that these people are improving; not the total monetary value they represent. I think the same logic applies to the 2nd example too. Maybe I'm being a bit pedantic, but even if you amend it to "monetary value" I still don't think it fits right. I'm hoping there's a specific word I'm missing from my vocabulary!
– Danny Beckett
2 hours ago
Seems to me this would be better asked somewhere else, perhaps on Economics SE.
– Hot Licks
2 hours ago
@HotLicks I'd be happy for the question to be migrated there, if you might be able to facilitate it! Thanks:)
– Danny Beckett
2 hours ago
Also: "net worth" probably fits the first example, but not the second. Although it still doesn't properly convey what I'm trying to say; since it could be interpreted to mean that the net worth of the existing Chinese middle-class is increasing. I am trying to convey that this increase in value may be due to more people rising into that class from a lower class; not that the rich are getting richer (albeit this is probably also true)! I appreciate that isn't clear in my original example either!
– Danny Beckett
2 hours ago
add a comment |
What's wrong with the obvious option: value?
– Laurel
2 hours ago
@Laurel Maybe it's just me, but I don't think it sounds quite right. Replacing the term "market cap" in each of my two examples, without some additional context, makes me question which value has grown. It is a bit ambiguous. To me it makes it sound like we might mean the social value that these people are improving; not the total monetary value they represent. I think the same logic applies to the 2nd example too. Maybe I'm being a bit pedantic, but even if you amend it to "monetary value" I still don't think it fits right. I'm hoping there's a specific word I'm missing from my vocabulary!
– Danny Beckett
2 hours ago
Seems to me this would be better asked somewhere else, perhaps on Economics SE.
– Hot Licks
2 hours ago
@HotLicks I'd be happy for the question to be migrated there, if you might be able to facilitate it! Thanks:)
– Danny Beckett
2 hours ago
Also: "net worth" probably fits the first example, but not the second. Although it still doesn't properly convey what I'm trying to say; since it could be interpreted to mean that the net worth of the existing Chinese middle-class is increasing. I am trying to convey that this increase in value may be due to more people rising into that class from a lower class; not that the rich are getting richer (albeit this is probably also true)! I appreciate that isn't clear in my original example either!
– Danny Beckett
2 hours ago
What's wrong with the obvious option: value?
– Laurel
2 hours ago
What's wrong with the obvious option: value?
– Laurel
2 hours ago
@Laurel Maybe it's just me, but I don't think it sounds quite right. Replacing the term "market cap" in each of my two examples, without some additional context, makes me question which value has grown. It is a bit ambiguous. To me it makes it sound like we might mean the social value that these people are improving; not the total monetary value they represent. I think the same logic applies to the 2nd example too. Maybe I'm being a bit pedantic, but even if you amend it to "monetary value" I still don't think it fits right. I'm hoping there's a specific word I'm missing from my vocabulary!
– Danny Beckett
2 hours ago
@Laurel Maybe it's just me, but I don't think it sounds quite right. Replacing the term "market cap" in each of my two examples, without some additional context, makes me question which value has grown. It is a bit ambiguous. To me it makes it sound like we might mean the social value that these people are improving; not the total monetary value they represent. I think the same logic applies to the 2nd example too. Maybe I'm being a bit pedantic, but even if you amend it to "monetary value" I still don't think it fits right. I'm hoping there's a specific word I'm missing from my vocabulary!
– Danny Beckett
2 hours ago
Seems to me this would be better asked somewhere else, perhaps on Economics SE.
– Hot Licks
2 hours ago
Seems to me this would be better asked somewhere else, perhaps on Economics SE.
– Hot Licks
2 hours ago
@HotLicks I'd be happy for the question to be migrated there, if you might be able to facilitate it! Thanks
:)
– Danny Beckett
2 hours ago
@HotLicks I'd be happy for the question to be migrated there, if you might be able to facilitate it! Thanks
:)
– Danny Beckett
2 hours ago
Also: "net worth" probably fits the first example, but not the second. Although it still doesn't properly convey what I'm trying to say; since it could be interpreted to mean that the net worth of the existing Chinese middle-class is increasing. I am trying to convey that this increase in value may be due to more people rising into that class from a lower class; not that the rich are getting richer (albeit this is probably also true)! I appreciate that isn't clear in my original example either!
– Danny Beckett
2 hours ago
Also: "net worth" probably fits the first example, but not the second. Although it still doesn't properly convey what I'm trying to say; since it could be interpreted to mean that the net worth of the existing Chinese middle-class is increasing. I am trying to convey that this increase in value may be due to more people rising into that class from a lower class; not that the rich are getting richer (albeit this is probably also true)! I appreciate that isn't clear in my original example either!
– Danny Beckett
2 hours ago
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What's wrong with the obvious option: value?
– Laurel
2 hours ago
@Laurel Maybe it's just me, but I don't think it sounds quite right. Replacing the term "market cap" in each of my two examples, without some additional context, makes me question which value has grown. It is a bit ambiguous. To me it makes it sound like we might mean the social value that these people are improving; not the total monetary value they represent. I think the same logic applies to the 2nd example too. Maybe I'm being a bit pedantic, but even if you amend it to "monetary value" I still don't think it fits right. I'm hoping there's a specific word I'm missing from my vocabulary!
– Danny Beckett
2 hours ago
Seems to me this would be better asked somewhere else, perhaps on Economics SE.
– Hot Licks
2 hours ago
@HotLicks I'd be happy for the question to be migrated there, if you might be able to facilitate it! Thanks
:)
– Danny Beckett
2 hours ago
Also: "net worth" probably fits the first example, but not the second. Although it still doesn't properly convey what I'm trying to say; since it could be interpreted to mean that the net worth of the existing Chinese middle-class is increasing. I am trying to convey that this increase in value may be due to more people rising into that class from a lower class; not that the rich are getting richer (albeit this is probably also true)! I appreciate that isn't clear in my original example either!
– Danny Beckett
2 hours ago