English Dictionary

network effect

noun

(economics) 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.

The network effect of social media platforms is undeniable.

意味（1）

(economics) 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.

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.