Definitions from Wiktionary (network effect)
▸ noun: (economics) The higher growth rate of businesses with higher market share in those segments of economy in which the value of a product or service depends on the compounding effects of the number of existing users of the product or a service, as is the case with telephone networks.
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▸ noun: (economics) The higher growth rate of businesses with higher market share in those segments of economy in which the value of a product or service depends on the compounding effects of the number of existing users of the product or a service, as is the case with telephone networks.
Similar:
home market effect,
experience effect,
diseconomies of scale,
snob effect,
economies of scale,
economic growth,
market power,
organic growth,
economic moat,
reputation economy,
more...
Opposite:
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