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 of market share from the Web
Industry research firm Frost & Sullivan estimates that Lytx has about 60 percent market share in fleet video telematics.
The company has the largest market share of any state in the country, according to analyses by the American Medical Association.
Combined, DoorDash and Postmates would have about 23 percent market share, according to data from Second Measure, a startup that analyzes debit and credit card transactions.
Of the ten biggest supermarkets in China by market share, only three have yet to claim a broader allegiance to either of the Messrs Ma.
In attempts to gain market share, rides are given out for free or mere pennies.
So far, electric cars have only a small market share due to higher cost, limited range and lack of places to charge.
Like other anchor department stores, Macy’s has struggled to compete in shifting retail landscape and has been losing market share, according to Coresight Research.
The primary force blocking past efforts has been the state's small but powerful liquor store industry, which feared losing market share to supermarkets and big box retailers on the second busiest shopping day of the year.
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.
First Known Use of market share
Financial Definition of MARKET SHARE
What It Is
How It Works
The formula for market share is:
Let's assume Company XYZ sells $50 million a year in widgets. If the total amount of widgets sold from all companies within the market totals $100 million, then Company XYZ has a market share equal to 50%.
Market Share = ($50 million) / ($100 million)
Why It Matters
As the market for a good or service grows, many analysts view the maintenance or increase in market share as a sign of a company's competitiveness. Increases in market share might come from innovation, broadening demographic appeal, lower prices, or simply advertising.
Sometimes a company garners too much market share and becomes part of an oligopoly or even becomes a monopoly. If this is the case, it could violate anti-trust laws and be ordered to divest assets or take some other action to increase competition.
MARKET SHARE Defined for English Language Learners
Definition of market share for English Language Learners
: the percentage that a company has of the total sales for a particular product or service
Seen and Heard
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