Next, you will describe the current market trends affecting or expected to affect the new industry. In your description, make sure to address the following questions:

What products or services are trending for this industry?

How are customer demands trending?

How has the industry changed over time, and how is it likely to change in the next few years?

The description of the industry trends should support your suggestion that your company diversify into this new industry.

Use this writing template to describe trends related to the new industry.

WRITING TEMPLATE

Describe the current market trends impacting the new industry $($Auto$).$ Be sure to include information related to each question posed above.