A market is anywhere where buyers and sellers come together to transact with each other. Here we present a classification of Markets, which might be useful:

1. Classification on the basis of Place

• Local Market or Regional Market
• National Market or Countrywide Market
• International Market or Global market

2. Classification on the basis of Competition

• Perfectly competitive market structure
• Imperfectly competitive market structure (Monopoly, Oligopoly, Monopolistic Competition, Monopsony)

3. Classified on the basis of Consumers

• Business to Consumer (B2C)
• Business to Business (B2B)

4. Classified on the basis „Markets for Start ups“

• Existing markets
• New Market, Clone Market
• Re-segmentation of an existing market a a low-cost player
• Re-segmentation of existing market by employing a niche strategy

5. Other classification

• Physical Market
• Electronic Market

Sources:

www.tutor2u.net/business/gcse/marketing_kinds_of_market.htm

http://kalyan-city.blogspot.com/2010/11/what-is-market-types-and-classification.html

http://smallbusiness.chron.com/five-types-business-markets-59368.html

www.marsdd.com/mars-library/the-four-types-of-market-market-maturity-where-does-your-startups-product-belong/