Thread: Industry valuation

Recently saw this quote from MJ on another thread:

Originally Posted by MJDeMarco

Depends on the size of the market and the opportunities (weaknesses) presented by the existing companies. A 1% market share on a $5B industry is $50M.

You hear about industry data all the time but I'm curious where the data can be found. IN other words, where can you get the data that tells you what the valuation of an industry or multiple industries is?

Thanks!

Are you asking because you want to get an idea of a market to get into?

I would ignore that data. It is almost irrelevant. There is no way it can give you an idea of how much money you can make in that industry. Instead, find companies that you feel you can compete with in a market that you are interested in. Find out how much they are making and what they are doing to make it.

I was asking simply because I was curious where the info could be found that backs these types of statements up. Certainly familiar with D&B but I didn't know if maybe there was 1 "expert" source. I suppose I should've asked the question that way. Thanks for the resources.