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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
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 See all Example Sentences for market share 

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 1 Feb. 2025.

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

Last Updated: - Updated example sentences
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