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Comment by ZiiS

3 hours ago

It is standard to list market size data in units of $1,000; i.e. that report is 465 billion USD.

Those numbers would be more realistic, amounting to around a thousand dollars spent per each EU citizen per year; this seems a little high if replacement rates are hovering around 3 years on average, but not impossible like the other figure.

What I don’t understand is why it would be written “USD 448.87 million.” This convention is common in accounting and finance as well, but they usually make an indication of it in a column header.