Market Growth Rate Forecast
Percentage
Estimates the expected growth rate of the market, providing insight for potential sales growth and strategic positioning.
Formula
((Forecasted Market Volume - Current Market Volume) / Current Market Volume) * 100
Example
If the current market volume is $1M and the forecast for the next year is $1.1M, the growth rate forecast is (($1.1M - $1M) / $1M) * 100 = 10%.