The phrase
"industry incumbents" refers to the leading and established companies or organizations that currently hold a dominant position within a particular industry. They are the top players who have been there for a long time and have a significant share of the market.
Full definition
Synonyms for individual words can be found below.
«industry»
«incumbent»
Sentences with «industry incumbents»
- Industry incumbents often struggle to respond to competitors using innovative business models. (smallbizlabs.com)
- The full stack approach lets you bypass industry incumbents, completely control the customer experience, and capture a greater portion of the economic benefits you provide. (cdixon.org)
- Dollar Shave Club dealt the first blow against the shaving industry incumbents, when, in 2011, its brand of raucous marketing — and a direct to consumer, e-commerce model — first introduced dollar blades to customers. (inc.com)
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sentences)