# Which narrow niches in a market are growing? A table for the committee

> The narrow niches of a market ranked by their share of growing members, with a ready paragraph on what was measured.

**Who asks:** VC or CVC analyst preparing an investment committee paper

## Example

**Question:** Which narrow niches in HR and business software are growing? I need a table for the investment committee, with honest caveats.

**Megido calls:**

- `search_cohorts`: 6 niches
- `get_cohort`: distributions ×2

**Answer:**

| Niche | Products with observed revenue | Growing | Leading country |
| --- | --- | --- | --- |
| Italian business software and IT services | 10–49 | 46% | Italy |
| ERP software vendors | 50–199 | 35% | United States |
| HR and payroll SaaS platforms | 50–199 | 28% | United States |
| Payroll software and services | 10–49 | 28% | United States |

Two of the six niches found are left out: Megido labelled them with low confidence.

Growth is not one-way: in Italian business software and IT services, 33% of members are declining at the same time, against 30% in ERP software vendors.

What was measured: growth is the change in visits over the latest month for sites where revenue has been observed, not funding or deals. Growth covers one month, which can be a spike, so close rows should not be ranked against each other.

Real data from the corpus, as of August 2026. Growth compares the latest month with the one before.

## How your agent answers

1. `search_cohorts` returned the closest narrow niches with their share of growing members.
2. `get_cohort` returned how the top two moved, both up and down.

## Where it stops

This is one month of traffic, not a trend, funding or deal flow, and text search returns the closest niches, not every niche in the market.

## Ask your agent

```text
Which narrow niches in [market] are growing? I need a table for the investment committee, with honest caveats.
```