Market Share

Written by Jerry Ratzlaff on 16 April 2021. Posted in Manufacturing Engineering

Market Share Formula

\(\large{ MS = \frac{ TSC }{ TSM } \; 100 }\)
\(\large{ MS = \frac{ USC }{ USM } \; 100 }\)

\(\large{ MS }\) = market share

\(\large{ USC }\) = total number of units sold by the company

\(\large{ USM }\) = total number of units sold by the market

\(\large{ TSC }\) = total sales of the company

\(\large{ TSM }\) = total sales of the market