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Thoughts on a niche with huge search volume but relatively low results on Google?

hedonistic

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Usually a nice with 300,000 searches a month should have results in the tens or even hundreds of millions. This one has 5 million results, but the first page is dominated by huge authority sites. What are your thoughts on this? Why are there such few results & do you think it would be viable to compete in such a market?
 
If you are saying first page is dominated by huge authority sites, then it would be definitely not easy to rank those keywords.
 
What Sasha said. That might explain why the search results are lower than expected. People don't want to try and compete with them. Although, 5,000,000 try. :)
 
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