This question is read-only because it has been merged with How does one feel confident about solving guesstimates?.
Hey guys!
So to solve market sizing cases, I started to collect some numbers that can help me, like: the population of important regions (EU, US, some cities in the US, China, India) as well as number of households in those regions. Are there any other facts that helped you for market sizing questions?
Hi Anonymous,
market sizing usually doesn’t require much information to be memorized. The main data I would recommend to know are:
Knowing the number of companies in your own country could also come handy if you end covering something related to that.
As mentioned, once you know the previous data, you should be able to estimate all the other numbers with an appropriate justification.
Best,
Francesco
I am Germany based and I found it useful to additionally to what you mentioned to know the revenue and number of employees for the main German companies (VW, Siemens, BASF, Daimler). Otherwise I would say it's not necessary to memorize anything, if you can make justified assumptions.
Market Sizing Questions are used to test your quantitative & reasoning skills. Learn more on how interviewers evaluate your given answer!
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