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Europe stopped being the largest market a few years ago. I’m 2021, the eu gdp was US$17.2T [0]. I think that makes them #3 after China at $17.7[1] and the US a
by prepend 3y ago
Europe stopped being the largest market a few years ago.
I’m 2021, the eu gdp was US$17.2T [0]. I think that makes them #3 after China at $17.7[1] and the US at $23.2 [2].
So it’s not that odd that Google and others would prioritize other, larger markets above EU. But still seems pretty bone headed of google to not be capable of including such massive populations and markets at launch. Perhaps they could have used some of those 13k fired workers on this launch.
[0] https://www.macrotrends.net/countries/EUU/european-union/gdp-gross-domestic-product https://www.macrotrends.net/countries/EUU/european-union/gdp...
[1] https://www.google.com/search?q=china+gdp https://www.google.com/search?q=china+gdp
[2] https://www.google.com/search?q=us+gdp https://www.google.com/search?q=us+gdp
- SpacePortKnight 3y agoGDP is not market. EU's consumer market is bigger than China and India combined. https://en.wikipedia.org/wiki/List_of_largest_consumer_markets https://en.wikipedia.org/wiki/List_of_largest_consumer_marke...
- ThisIsNotNew 3y agoI see the tiny little insignificant UK is actually 20% of the whole EU, who boast of having a 440 million population.
- Satam 3y agoMy intuition is that it's also quit a fragmented market with many different languages, cultures and local regulations.
- prepend 3y agoThanks, good point. So the EU really isn’t the biggest market then. I’m surprised it’s half the size of the US. But it explains why products don’t target Europe as much as while it’s big, it is clearly simple why a company would target the US with its single language and more uniform culture than Europe with all its diverse languages and cultures.