Word Pronunciation & Dictionary

network effect

Word Rarity Uncommon

Frequency: Zipf frequency 4.72 in modern English

Syllables: net-work -ef-fect
IPA

28

Scrabble Score

13

Letters

4

Syllables

9

Unique Chars

Meaning

noun

The higher growth rate of businesses with higher market share in those segments of economy in which the value of a product or service depends on the compounding effects of the number of existing users of the product or a service, as is the case with telephone networks.

Example Sentences

"Aided by preferential attachment and network effects (the phenomenon of a good or service becoming more valuable the more people who use it), a handful of winners emerge, overshadowing other available options."

Inflected Forms

network effects (plural)

Questions

What does network effect mean?: The higher growth rate of businesses with higher market share in those segments of economy in which the value of a product or service depends on the compounding effects of the number of existing users of the product or a service, as is the case with telephone networks.

How to pronounce network effect

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