The phrase
"penetration rate" refers to the percentage or proportion of a specific market or population that has adopted or uses a product, service, or technology. It indicates how widely a particular item or concept has been adopted by people or businesses.
Full definition
You'd have reached your target audience and achieved a high
penetration rate of delivering content.
In comparison to paid advertising, press releases are more cost - effective and stands a better chance of getting your word out at a higher
penetration rate in the targeted market.
In markets with
high penetration rates, seniors housing tends to be a popular and well - understood living option for seniors.
I feel the
low penetration rate of cell phone coverage in this country is soon going to be holding us back as a nation, if it isn't already.
The country's
smartphone penetration rate is growing quickly, but still low; data is slow and expensive; and many people don't have credit cards.
If the seniors housing industry can, through good customer service and customer experience, continue to increase
market penetration rates, then the current level of construction can likely be sustained and absorbed.
But it also has a good
penetration rate when looking at the number of units relative to the target population for seniors housing.
In markets where there is presently an unfavorable supply / demand, growing
demand penetration rates could possibly make a difference.
But experts reviewing this data sometimes find there is little correlation
between penetration rates and occupancy rates in the area.
Very
low penetration rates can mean that the market has not been educated about the available products, and very high rates can mean the market is nearing saturation.
Current
internet penetration rate is below 10 %, a factor that severely limits the online potential of the the country's 1.2 billion population.
In markets where there is presently an unfavorable supply / demand, growing
demand penetration rates could possibly make a...
However, mobile penetration forecasts are far higher, with a 114 % projected
penetration rate for mobile subscribers in the Middle East and Africa.
There has been an exponential increase in smart devices, with the UAE having one of the highest
mobile penetration rates in the world.»
New York has one of the highest
HMO penetration rates in the country — at 27.7 %, you may still need to look around to find health care services that are covered under your HMO system, but it's certainly doable.
«Instead of using
penetration rates as the deciding factor on where to build, occupancy rates should be considered instead.
According to analysts, Asia Pacific and China currently have the highest tablet
penetration rates among emerging markets, though Brazil, India and Russia are also expected to experience significant growth.
The list below, which counts ARPU as multiplied
by penetration rates in countries where it is more than 100 %, shows that to be absolutely false.
On a broader scale, while the
global penetration rate for EVs remains very low, the recent growth in EVs should not be ignored.
In other words, if multiple SIM card use in countries
with penetration rates of over 100 % is accounted for, Canada doesn't look that bad.
China presents a major opportunity for global insurers as the rapidly growing economy opens up amid low
insurance penetration rates, said Manulife's president and CEO.
A little known fact is that the region has the highest mobile internet
user penetration rate in the world and leads when it comes to smartphone adoption with UAE at number 1 with a 73.6 % rate, and KSA at number 3 with 72.8 % according to Ipsos (2013).
And these cities have significantly lower
car penetration rates than the wealthier tier 1 and upper tier 2 cities.
A June 2013 Pew Research report estimated that mobile
phone penetration rate reaches 86 % among American households earning less than $ 30,000 per year.
Despite this, the vast majority of skilled roles in the countries we operate in consist of traditional Perm positions, with non-Perm
penetration rates still in the single digits.
Private - label food and grocery sales are worth about $ 18 billion in Australia, according to IRI data, and account for about 20 per cent of packaged grocery sales, less than half the 45 per cent to 50 per
cent penetration rate in markets such as the United Kingdom and Europe.
According to Thalib, «After 3 years in operation, Setipe has gained impressive traction and growth but for us to monetise effectively, Indonesia still requires strong offline services due to low credit
card penetration rates and less than half the population having Internet access.
The
lease penetration rate at the Charlie Obaugh Auto Group in Staunton, VA, isn't too high, about 15 %, says finance and insurance manager Brad Hull.
While in the developing world it expects
tablet penetration rates to remain under a quarter (25 %) in aggregate by 2017, although it expects certain «wealthier Asian markets» — such as Singapore and South Korea — to feature tablets as established, «universal computing tools» by then.
The U.S. currently leads the world in both
ebook penetration rate and the indie share of the ebook market, but other countries are starting to catch up: in particular the other four major English - language ones (New Zealand adds another small percentage).
These programs have wildly
successful penetration rates, and because the resident is only writing one check that they'd write even without the insurance cost, the cost is perceived to be lower by the resident.
Preliminary MAP findings from the first quarter of 2004 showed that Kansas City had the highest
overall penetration rate (20.3 %) among the top 30 MSAs, but ranked third lowest in occupancy at 91.6 % (see chart).
The company's
Canadian penetration rate is among the highest in the world and could be reaching its saturation point, Credit Suisse analyst David Hartley said in a note to clients.
With 56.4 % of the Hong Kong population on Facebook, it sits comfortably as the 12th highest
Facebook penetration rate in the world ahead of Canada, the United States and Australia.
«Social media usage continues to grow around the world, with global
penetration rates now in excess of 30 %.
It has also made substantial headway with its North Asia business, increased advisory and
DPM penetration rates markedly, and grown average monthly revenues over 15 times since the acquisition.
South Korea's mobile phone
penetration rate topped 100 % in 2010, meaning that there are more phones than people in use in the country.
I could also reach a
certain penetration rate if I stood at the beach and handed out cheerfully - colored 10 page excerpts of my work.
In the scenario of Thai readers, the internet
penetration rate combined with the media consumption behavior and the connectivity method all illustrate the higher demand of media consumption at a fast - growing rate.
In regions with high
PC penetration rates, however, it expects tablets to continue to take market share from the netbook and ultraportable segment.
Just look how similar their
respective penetration rates (49 % vs. 43 %) & their Weighted Avg GDP per Capitas ($ 4K vs. $ 3.8 K) are... these companies might as well be bloody twins!