- vertical market
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A market made up of similar businesses and customers with particular specialized needs.
The market for point-of-sale terminals is a vertical market.
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vertical market
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Vertical market — A vertical market is a group of similar businesses and customers which engage in trade based on specific and specialized needs. Often, participants in a vertical market are very limited to a subset of a larger industry (a niche market). An… … Wikipedia
Vertical Market — A group of companies that serve each other s specialized needs and that do not serve a broader market. A vertical market is tightly focused on meeting the needs of one specific industry. Vertical markets are focused on a single niche, such as… … Investment dictionary
Vertical market software — is aimed at addressing the needs of any given business within a discernible vertical market (specific industry or market). While horizontal market software can be useful to a wide array of industries (such as word processors or spreadsheet… … Wikipedia
vertical market — /ˈvɜtɪkəl makət/ (say vertikuhl mahkuht) noun a market which comprises a particular socio economic sector of the community only …
Vertical integration — In microeconomics and management, the term vertical integration describes a style of management control. Vertically integrated companies are united through a hierarchy and share a common owner. Usually each member of the hierarchy produces a… … Wikipedia
Vertical — An object is in a vertical position when it is aligned in an up down direction, roughly speaking perpendicular to the horizon or horizontal plane.In science, it can also refer to: *Vertical direction, the direction aligned with the direction of… … Wikipedia
Vertical application — A vertical application or vertical market application, is software defined by requirements for a single, or narrowly defined, market. It contrasts with horizontal application.Fact|date=May 2008An example of a vertical application is software that … Wikipedia
vertical marketing — /vɜtɪkəl ˈmakətɪŋ/ (say vertikuhl mahkuhting) noun marketing which is directed towards a vertical market …
Market foreclosure — is the exclusion that results when a downstream buyer is denied access to an upstream supplier (Upstream foreclosure) or when an upstream supplier is denied access to a downstream buyer.[1] A supplier or intermediary in a supply chain can acquire … Wikipedia
vertical — ver‧ti‧cal [ˈvɜːtɪkl ǁ ˈvɜːr ] adjective 1. HUMAN RESOURCES a vertical organization, system etc is one in which decisions and rules are passed on to employees through several different levels of management: • Our team has abandoned the vertical… … Financial and business terms
