market place

[user_gary]

Steve has had a number of high profile positions in over twenty years
of access control, his most recent being Regional Manager for
Continental Access/NAPCO. With an impressive record in the American security
market, Steve's market place knowledge and experience should prove
priceless as Paxton Access Inc. continue to penetrate the US access control
market.

Could you explain to me what "market place" means here?

[thedeebo]

"Market place knowledge" refers to Steve's knowledge and experience that are relevant to his industry.

The phrase indicates that Steve has extensive knowledge and experience from previous jobs and has a good understanding of the workings of the security industry.

Not a teacher, BTW.