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What does business vertical mean?

What does business vertical mean?

What does business vertical mean?

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Chiranjibi Jun. 15, 2018

A vertical market is a market in which vendors offer goods and services specific to an industry, trade, profession, or other group of customers with specialized needs.

Business vertical is nothing but a component of an entity which can be distinguished as a component engaged in the supply of individual goods or services.

These individual goods or services or a group of related goods or services which are subject to the market risks, should be different from other business verticals.