How do you predict how potential a market before venturing into it as a startup?

@udemesamuel wrote:

So i was thinking how do a new entrepreneur predict a potential market before venturing into it as a startup. Note: this is just a theory correct me or contribute if i am wrong

BETTING COMPANIES
Daily, Hourly user engagement,
Get rich quick philosophy by users,
Ease of transaction with the platform (Compared to the traditional BABA IJEBU)
Weekly crazy competitions which lead to usage,sales and revenue

NIGERIAN MOVIES STREAMING COMPANIES
Daily, Hourly user engagement
High demand for nigerian movie content abroad
Willing and paying users

PAYMENT COMPANIES
Daily, Hourly user engagement
no more details you add +

E COMMERCE COMPANIES
Not successful by me just famous add your reason if you oppose.

GAMING COMPANIES
Not successful by me add your reason if you oppose.

MUSIC STREAMING BUSINESS
Not successful, free downloads will kill their market esp, add yours

what do you think?

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