The term "Emerging Markets" refers to countries that have relatively low per capita income but are experiencing rapid economic growth and development. These economies often offer significant opportunities for investment, trade, and expansion due to their large populations, growing middle classes, and increasing consumer demand. Emerging markets can be found in various regions of the world, including Asia, Latin America, Africa, and Eastern Europe. They are typically characterized by a shift towards market-oriented economies, integration into global supply chains, and increased participation in international trade.