The level of competition in the market

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The intensity of the competitive landscape

The first thing to check is the level of competition intensity in your niche. The main information you need to gather at this stage are:

Main competitors;
A clear understanding of your competitive strategy.
Taking a data-driven approach, we will again use the Market Explorer tool to gain a comprehensive view of SpaceX's competitive landscape.

Growth Quadrant

We have only selected the top 10 competitors for the chart. You can always taiwan telegram data go further and take a look at more rivals. But for an in-depth look, it is always better to narrow down the scope of the search.

In the aerospace sector, SpaceX won't have too many direct competitors, if only because the bar for entry is very high, with high fixed costs, government regulations, etc. Still, for most sectors, looking at the range of competition and its intensity is a good starting point for a solid market analysis.

Next, you need to check if you share a similar audience with your competitors: you may have the same product but are targeting a very different customer base.

Having discovered that NASA and Boeing are SpaceX's main competitors, we'll examine all three companies through Traffic Analytics' Audience Insights report to see if their audiences match.