Definition : Mid Market

Mid Market refers to a segment of the economy that falls between the small business and large enterprise sectors. It typically includes companies with annual revenues ranging from $10 million to $1 billion. These businesses are often privately owned and operate in a specific industry or niche market. They have a moderate level of resources and market share, allowing them to compete with both smaller and larger companies. The mid market is considered a crucial driver of economic growth and job creation, as it provides a balance between innovation and stability. Companies in this sector often have a strong focus on customer relationships and strategic partnerships, making them agile and adaptable to changing market conditions. Overall, the mid market plays a vital role in the overall health and diversity of the economy.

Discover the Precise Definitions of Marketing Terms

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt