network effect

English

Noun

network effect (plural network effects)

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.
   • 2014, Astra Taylor, chapter 4, in The People's Platform: Taking Back Power and Culture in the Digital Age, Henry Holt and Company, →ISBN:

     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.

Translations

higher growth rate

• Chinese:

  Mandarin: 網絡效應／网络效应 (wǎngluò xiàoyìng)

• Finnish: verkostovaikutus
• French: effet de réseau m
• German: Netzwerkeffekt m