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 EVs made up less than 1% of new passenger vehicles sold in Japan last year, well behind the 10% market share in the European Union. Jacob Carpenter, Fortune, 23 Nov. 2021 BodyArmor had the third-highest market share in the U.S. sports drink category in 2020, with 9.3%, according to Euromonitor. Dee-ann Durbin, USA TODAY, 2 Nov. 2021 All six shows are from Netflix, with Netflix having the largest market share in the industry, and even breakout hits elsewhere like The Mandalorian haven’t hit this mark. Paul Tassi, Forbes, 29 Oct. 2021 The payments app PhonePe, which records nearly 80% of its total transactions from tier-2, -3, -4 cities, and beyond, has the largest market share in the segment at 46%. Mimansa Verma, Quartz, 26 Oct. 2021 The 23-year old search engine consistently has nearly 90 percent of the market share in the United States, while Microsoft’s Bing comes in second with around 6 percent, according to data from StatCounter. Washington Post, 19 Oct. 2021 That is a sizable discount compared to Hanesbrands and American Eagle Outfitters , which hold the second- and third-largest market share in women’s underwear in North America, according to Euromonitor International. Jinjoo Lee, WSJ, 9 Aug. 2021 Today, Blackberry's market share in handsets is effectively zero. Tim De Chant, Wired, 28 July 2021 That would be roughly equivalent to Honda's market share in the US today, according to Cox Automotive. Peter Valdes-dapena, CNN, 13 July 2021

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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Dictionary Entries Near market share

market-ripe

market share

marketstead

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Statistics for market share

Last Updated

26 Nov 2021

Cite this Entry

“Market share.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/market%20share. Accessed 27 Nov. 2021.

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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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