market share

American  

noun

Economics.

1. the specific percentage of total industry sales of a particular product achieved by a single company in a given period of time.

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market share British  

noun

1. the percentage of a total market, in terms of either value or volume, accounted for by the sales of a specific brand

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Example Sentences

AI apps are often offered cheaply to gain market share, he said, but companies could raise prices once they are established, making the technology unaffordable, Nageswaran said.

From The Wall Street Journal

Naming CrowdStrike a “Top Pick” in software, Morgan Stanley said the company is well-positioned to gain market share in a crowded category.

From Barron's

By early 2020, the oil market was glutted after a Saudi-Russian battle for market share.

From The Wall Street Journal

The market share of zero-emission vehicles among all light-duty vehicles sold rose from 12% in 2021 to 19% in 2022.

From Los Angeles Times

Lego reported record sales last year as its play sets proved popular among both adults and children while a new partnership with Formula 1 helped attract new customers, allowing it to gain market share.

From The Wall Street Journal