considerable market importance

USAGE SUMMARY

The phrase "considerable market importance" is correct and usable in written English.
It can be used when discussing the significance or value of a product, service, or company within a specific market context. Example: "The new technology has considerable market importance, as it addresses a critical need in the industry."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

While small businesses play a significant role in the establishment of new phases of industry, it is often during the latter phases of industrial innovation that large businesses gain in importance as greater resource costs are involved and considerable market power is required if innovation is to prove worthwhile (p. 6 in Rothwell 1983).

Journal of Innovation and Entrepreneurship

Of greater importance is the fact that MSN's non-ISP Web components have considerable market cachet: Hotmail, MSNBC and Expedia, to name a few, are audience leaders within their specific areas of interest.

Forbes

These insiders enjoyed considerable market and/or political power.

IZA Journal of Labor Policy

They are very familiar with the markets and take up considerable market share (Falang).

The Journal of Chinese Sociology

We attained considerable market stability, which could easily indicate that the market is maturing.

Forbes

Unilever has put its considerable marketing might behind the brand.

The Guardian

Some apps spread virally, but others require considerable marketing.

MIT Technology Review

The genus Pelargonium (family Geraniaceae), with more than 200 species, represents one of the most popular garden plants around the world, having a considerable economic importance in the market of ornamental plants.

BMC Plant Biology

Moreover, it has a considerable economic importance in the ornamental plant market.

BMC Plant Biology

The parasite is of considerable economic importance because it stains wool, reducing its market value.

Encyclopedia Britannica

Urban vegetation is one of the determining factors in increasing the market values of vicinity properties (Lindsey et al. 2004; Saphores 2012), thereby having a considerable commercial importance.

Ecological Processes

Expert writing Tips

Best practice

When using "considerable market importance", ensure that the context clearly defines the specific market being referenced. This provides clarity and avoids ambiguity.

Common error

Avoid using "considerable market importance" without providing evidence or examples to support the claim. Ensure the level of importance is justified by the facts presented.

Linguistic Context

The phrase "considerable market importance" functions as a descriptor, denoting the degree of significance or value that something holds within a particular market. Based on Ludwig AI, the phrase is grammatically correct, highlighting its role in conveying importance.

Expression frequency: Missing

Frequent in

Science

0%

News & Media

0%

Formal & Business

0%

Less common in

Science

0%

News & Media

0%

Formal & Business

0%

Ludwig's WRAP-UP

In summary, "considerable market importance" is a descriptor that indicates a significant level of impact or value within a specific market. While grammatically correct, as confirmed by Ludwig AI, the phrase currently lacks extensive real-world examples to fully demonstrate its usage patterns. Related phrases, such as "significant market value" and "substantial market significance", can serve as alternatives depending on the context. When employing this phrase, ensure the importance is substantiated with evidence, and the market context is clearly defined.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

significant market value

Emphasizes the monetary worth or importance of something in the market.

substantial market significance

Highlights the notable impact or relevance within the market.

notable market relevance

Focuses on how pertinent or applicable something is to the market.

significant commercial value

Replaces "market" with a synonym, "commercial", maintaining the emphasis on value.

large market impact

Shifts the focus from importance to the degree of influence on the market.

major market presence

Indicates a strong and noticeable existence within the market.

key market position

Highlights the strategic advantage or placement in the market.

material market effect

Emphasizes the tangible or consequential influence on the market.

substantial economic impact

Broadens the scope to the overall economic effect rather than just market importance.

meaningful market effect

Focuses on the consequential results and effect in the market.

FAQs

How can I use "considerable market importance" in a sentence?

Use "considerable market importance" to highlight the significance of a product, service, or factor within its respective market. For example, "The new technology has "significant market value" due to its innovative features".

What are some alternatives to "considerable market importance"?

Alternatives include "substantial market significance", "notable market relevance", or "significant commercial value", depending on the specific nuance you want to convey.

When is it appropriate to use the phrase "considerable market importance"?

It is appropriate when discussing the notable impact, value, or relevance of a product, service, or strategic element within a specific market. Use it when you want to emphasize its significance in that context.

How does "considerable market importance" differ from "significant market share"?

"Considerable market importance" refers to the overall significance or impact within a market, whereas "significant market share" indicates the proportion of a market controlled by a particular entity. They are related but focus on different aspects: influence versus dominance.