market share

noun

Definition of market share

: 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 Grupo Globo, Latin America's largest media conglomerate, is exploring options to unload the label -- which ranks third in the country's market share. Alexei Barrionuevo, Billboard, "Som Livre, Brazil’s Largest Domestic Label, Put Up for Sale," 20 Nov. 2020 Today, Biogen is criticized — and its stock penalized — for selling drugs that are losing market share to low-cost generics or newer, more potent competitors. Damian Garde, STAT, "FDA scientists appear to offer major endorsement of Biogen’s controversial Alzheimer’s treatment," 4 Nov. 2020 Ford also picked up a 5% increase in U.S. market share. Tom Krisher, Star Tribune, "Ford posts better than expected 3Q profit as sales recover," 28 Oct. 2020 Walmart is fighting for market share with rival retail giant Amazon.com Inc., which recently bought self-driving vehicle startup Zoox Inc. David Welch, Bloomberg.com, "GM’s Cruise and Walmart Team Up for Driverless Delivery," 10 Nov. 2020 The Minneapolis retailer has been taking market share from competitors in all areas including beauty, where second-quarter sales jumped 20% compared with the same period a year ago. CBS News, "Ulta to open beauty shops at 100 Target stores in 2021," 10 Nov. 2020 Burris has been taking market share with a new iteration of the venerable Fullfield line. John B. Snow, Outdoor Life, "We Tested the Best-Selling Affordable Deer Rifles, Scopes, and Ammo. Here Are Our Top Picks," 6 Nov. 2020 But the home of the Big Mac began selling pizza in the mid-1980s, hoping to grab market share from national pie chains. David Segal, New York Times, "A Podcast Answers a Fast-Food Question That Nobody Is Asking," 28 Oct. 2020 Chinese exporters are taking market share from foreign competitors that still are hampered by anti-virus controls. Joe Mcdonald, The Christian Science Monitor, "China's economy bounces back as consumers resume spending," 19 Oct. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'market share.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of market share

1918, in the meaning defined above

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Time Traveler for market share

Time Traveler

The first known use of market share was in 1918

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Statistics for market share

Last Updated

25 Nov 2020

Cite this Entry

“Market share.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/market%20share. Accessed 26 Nov. 2020.

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More Definitions for market share

market share

noun

English Language Learners Definition of market share

: the percentage that a company has of the total sales for a particular product or service

market share

noun

Legal Definition of market share

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

More from Merriam-Webster on market share

Nglish: Translation of market share for Spanish Speakers

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