The market segment that will benefit more from this innovation are:
Market segmentation refers to the act of categorizing a market into the sections that have needs for a particular product.
For the product that the company has just manufactured, we can see that the segment of society that will benefit more from it are those who have issues with their health.
Asthmatic persons for instance will benefit from having a purifier that can clear the air and make it more conducive for them. So the first target segment is the young and old ones with respiratory issues.
Learn more about market segments here:
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