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 survey put the 2023 market share of closed-source models at an estimated 80% to 90%, with the majority of share going to OpenAI. Sharon Goldman, Fortune, 8 Apr. 2024 But Apple said the DOJ is flawed in using market share by revenue — even though that’s usually how market share is calculated. Laura Bratton, Quartz, 29 Mar. 2024 However, insurers and the department reached a general framework last year that would require them to write no less than 85% of their statewide market share in those areas in exchange for his reforms. Laurence Darmiento, Los Angeles Times, 29 Mar. 2024 Only in North Florida did the top two positions swap, with Walmart leading with 35% of the market share to Publix’s 27%. Howard Cohen, Miami Herald, 27 Mar. 2024 The iconic label, responsible for half of Kering’s annual sales, suffered as its rivals bolted forward when consumers splurged on luxury, losing valuable business and market share. Prarthana Prakash, Fortune Europe, 20 Mar. 2024 The brand, which holds 53% of the chocolate chip cookie market share, tested more than 60 recipes in their pursuit of a superior cookie and totaled over 5,000 hours of cookie testing. Abigail Wilt, Southern Living, 20 Mar. 2024 No wonder meditation is so popular in tech, an industry in which the persistent effort to increase market share often sails under utopian language about connecting the world, obliterating human limitations, and making life for all beings unimaginably great. Meghan O'Gieblyn, WIRED, 25 Mar. 2024 There’s obviously a moment to capture market share from Twitter. Nilay Patel, The Verge, 25 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'market share.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1918, in the meaning defined above

Time Traveler
The first known use of market share was in 1918

Dictionary Entries Near market share

Cite this Entry

“Market share.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/market%20share. Accessed 18 Apr. 2024.

Legal Definition

market share

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

More from Merriam-Webster on market share

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