Not totally sure what you mean by "there isn’t a perceived market for light jets", but both Honda and Cirrus produce quite popular light jets.
To be clear, I’m not saying the light jet market is dead or anything definitive like that, but the fact that Bombardier is shutting down their well established light jet offering would seem to indicate they don’t have a rosy outlook for the segment.
The market is: very light jet, light jet, midsize, super-midsize, large, large/long range, private airliner
Bombardier is exiting the light jet market, and staying in the super-midsize, large, large/long range parts of the market.
They made it for hobby pilots that learn in the SR20/SR22 and then upgrade to the jet. It is designed to make that transition relatively easy and it is a single-engine jet so you don't need to get a multi-engine rating first.
Some of the smaller Citation jets can also be flown single pilot (like the 510), but they still require a multi-engine rating and the avionics are a bit more complex than the more straightforward switch from the SR22 to the Vision jet