market share

noun

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

Example Sentences

The company has gained market share in the past year.

companies working to increase their market shares

Recent Examples on the Web

According to the venture capital firm Electric Capital, the U.S. has lost 2% of its share of the blockchain developer market per year for the last five years—sinking to 29% market share. —Kristin Smith, Fortune Crypto, 25 May 2023

Ikea will also work to improve its ability to fulfill and deliver customer orders in a bid to capture greater market share. —Elizabeth Napolitano, CBS News, 20 Apr. 2023

At the same time, in their bid to gain market share, Netflix, Amazon. et. —Scott Roxborough, The Hollywood Reporter, 19 Apr. 2023

Now potash producers elsewhere—most notably in Canada—are seeing an opportunity to grab market share. —Jinjoo Lee, wsj.com, 14 Apr. 2023

Only Wells Fargo was bigger, with an 11.2% market share. —Kathleen Pender, San Francisco Chronicle, 13 Apr. 2023

In 2022, iPhones claimed 50 percent of U.S. market share, overtaking Androids for the first time. —Michelle Delgado, Smithsonian Magazine, 3 Apr. 2023

United Airlines, which is the fourth-largest carrier, has a 15 percent market share. —Niraj Chokshi, BostonGlobe.com, 7 Mar. 2023

Google's preview of its experimental AI chatbot Bard hit a snag after a factual error in a promo ad led to a drop in its parent company's market share. —Theara Coleman, The Week, 14 Feb. 2023

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Word History

First Known Use

1918, in the meaning defined above

Legal Definition

market share

noun

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