market share

noun

: the percentage of the market for a product or service that a company supplies

Examples of market share in a Sentence

The company has gained market share in the past year.

companies working to increase their market shares

Recent Examples on the Web

The canal sees 46 percent of the total market share of containers moving from Northeast Asia to the U.S. East Coast, according to the U.S. Department of Commerce. —Glenn Taylor, Sourcing Journal, 28 July 2025

According to a 2025 report by PwC, the market share of Japanese auto manufacturers in Indonesia, Malaysia, Thailand, the Philippines, Vietnam and Singapore, commonly referred to as ASEAN-6, fell from 68.2% in 2023 to 63.9% in 2024. —Lee Ying Shan, CNBC, 28 July 2025

Among those not mentioned above for market share that are among the top 10 by value from the European Union are: Passenger vehicles (HS code 8703), with a 19.80% of the $81.07 billion total. —Ken Roberts, Forbes.com, 27 July 2025

Tesla aims to compete with Waymo for market share and become a leader in the space with the Tesla Robotaxi. —Charles Singh, USA Today, 25 July 2025

Word History

First Known Use

1918, in the meaning defined above

Rhymes for market share

• aftercare
• anywhere
• billionaire
• chinaware
• debonair
• dinnerware
• disrepair
• doctrinaire
• earthenware
• everywhere
• frigidaire
• kitchenware

Legal Definition

market share

noun

: the percentage of the market for a product or service that a company supplies