Marketing, sales and customers

Market share

  • Marketing, sales and customers

Definition

The percentage of total sales in a market that belongs to one company.

Example

€2m of sales in a €20m market gives a market share of 10%.

For your role

Choose your role to see what this term means in your work.

Why it matters

It shows how you are performing against competitors.

Where it is used

Strategy plans, competitor analysis and industry reports.

How to calculate it

Company sales ÷ total market sales × 100

Worked example

€2m of sales in a €20m market gives a market share of 10%.