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 In an Orwellian twist, although the ad positioned Apple as the underdog against the dominant IBM, the company actually had a competitive market share, claiming 25 percent to IBM’s 24 percent at the end of 1983. Anne Wallentine, Smithsonian Magazine, 6 June 2024 And electric vehicles, which are gaining market share, don’t have catalytic converters to steal in the first place. Cnn.com, The Mercury News, 30 May 2024 Simply by slotting vehicles in a segment and at a certain price point, Chevrolet, typically the third-largest brand in the US after Ford and Toyota, is able to siphon off market share from competitors and grow its volume. Andy Kalmowitz / Jalopnik, Quartz, 23 May 2024 While budget brands like Old Spice saw plummeting influence among Gen Z, costly colognes from Dior and Valentino gained market share with males under age 18. Melissa Willets, Parents, 23 May 2024 See all Example Sentences for market share 

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 11 Jun. 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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