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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 2023, Turkey ranked No. 6 in global apparel production, with 3.5 percent of market share worth $20.3 billion.
—Mayu Saini, Sourcing Journal, 28 Jan. 2025
In the second quarter of 2024, EVs made up 25.7% of all new vehicle sales in California — the second highest market share ever recorded in the state.
—Nadia Lopez, Axios, 27 Jan. 2025
But Tesla is likely to lose more U.S. market share this year, regardless of how people view Musk, precisely because GM, as well as Hyundai, Kia, Honda, Volkswagen, Rivian, Lucid and numerous other brands are adding so many new models, said AutoPacific’s Kim.
—Alan Ohnsman, Forbes, 27 Jan. 2025
Volkswagen’s strategic arc has not been without blemish: The company lost global market share to Japanese carmakers in the 1970s and later missed the SUV craze in the United States.
—Lenora Chu, The Christian Science Monitor, 27 Jan. 2025
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Word History
First Known Use
1918, in the meaning defined above
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 1 Feb. 2025.
Legal Definition
market share
noun
: the percentage of the market for a product or service that a company supplies
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