A perfect industry analysis template is drafted to record findings during analysis in any or specific industry during a specific period of time. Generally, in this analysis, all determining factors are discussed in different paragraphs or pages. An industry analysis is a market review tool that is used to create ideas about the complexity of any particular thing. This tool is used to analyze economic, political as well as market factors which affect the development of any industry. Most commonly assessed factors include competitors, new market entrants and consumer behavior. In the world of business, almost every company usually spends a large chunk of time planning the overall efficiency of their projects, progress, operations and business policies. Industry analysis is a crucial part if some businesses want to stay competitive in a marketplace. Usage of Industry Analysis: An industry analysis helps you with understanding the environment within which you are operating. It is also used for predicting the performance of your business. If your industry is doing well, it means your business is going well and if your industry is lacking, it means your business is in danger. Moreover, industry analysis is also used to know what changes your industry