Apple is probably the best example of a company that realises the opportunity of building a supply chain that can satisfy the demand of their goods on a global level.
Apple is probably the best example of a company that realises the opportunity of building a supply chain that can satisfy the demand of their goods on a global level.
The EU is great, a lot of regulations have been standardised, but it's still a place with 24 different languages, twelve different currencies, different national systems (e.g. payment systems, shipping, retail outlets, marketing channels), culture etc. It's still very much a fragmented place. So the UK, France, Germany, Italy are still to a substantial extent separate markets, all of which are less than a quarter the size of the US.
Japan probably comes closest to the US.
Then there's China, it has the gdp, but not the gdp per capita. You can take $50 a day as a threshold for the type of targeted consumer class for example, that's about $18k a year. If you look at income distributions in China you'll find only about 10 million Chinese qualify. If you take a $20 a day / $7k a year figure, you get to about 100 million people. Japan is similar, around 100m. The US figure for this group is 300 million.
I mean don't get me wrong, you can't only have a US-focus. But I hardly see any companies do that. Instead they do first-launches in key markets and expand later on, and that makes sense.
Some data from Pew: https://chinapower.csis.org/china-middle-class/
China is a better market to be in to maximise profitability as the Chinese are more likely to fork out USD 799 for a phone than the Indians. It's almost mind-boggling how one company can capture so much share of profits.
Both Google and Amazon are aggressively expanding overseas with their assistants. Amazon is putting the Echo in 80 countries:
https://www.geekwire.com/2017/amazon-bringing-echo-alexa-80-...
(Story time: As someone who had to find creative means to get SO many US-only goods into Canada, even ages after their US release, this is terrible with electronics. Shure headphones were the worst, where there was no Canadian distributor, so I ended up special-ordering through an audiology clinic.)