User Base Growth

User base growth refers to the increase in the number of people using a product or service over time. It indicates how well a company is attracting new users and expanding its reach. A growing user base often suggests increased popularity, market demand, or effective marketing efforts. Monitoring this metric helps businesses assess their performance, plan strategies, and forecast future success. Essentially, it's a way to measure the expanding popularity and acceptance of a product, reflecting its overall growth and potential for generating revenue.