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by trevett 2137 days ago
Thanks for that. I think the NAICS codes could be fleshed out a little to be more relevant and useful.

Not to beat this example to death, but there is a market for mobile video editing applications and I have no idea of its size. Wikipedia only lists one iOS product. I feel there would be a lot of value in providing this kind of information easily to people. I personally don't want to engage with a market research firm during the exploratory phase.

3 comments

So you're saying it's an area... without a lot of competition...
I've been doing research on this exact category myself (after having previously had some modest success on the image editing side.) You're severely underestimating the number of competitors. Try searching the relevant app stores instead of Wikipedia (why would you ever even check here?).
I think parent was complaining that there's very little public information (particularly hard numbers) about the incumbents. GP was cruising Wikipedia for information about the apps' parent companies rather than just trying to identify the apps.

It's easy to see how many apps are in the store. It's a lot harder to know how much money they are grossing.

Right, I was making the point that there should be more info online about the entire mobile video editing app market (one example). I know there are many such apps in the stores.
Do you realize that you just posted an idea for a niche business?