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Market Share

on . Posted in Project Management Engineering

Market share, abbreviated as MS, is the percentage of sales of a product in units, or dollors relative to all sales of a product.

 

Market Share Formula
\(\large{ MS =  \frac{ TSC }{ TSM } \; 100  }\)
Symbol
\(\large{ MS }\) = market share
\(\large{ TSC }\) = total sales of the company
\(\large{ TSM }\) = total sales of the market

 

Market Share Formula
\(\large{ MS =  \frac{ USC }{ USM } \; 100  }\)
Symbol
\(\large{ MS }\) = market share
\(\large{ USC }\) = total number of units sold by the company
\(\large{ USM }\) = total number of units sold by the market

 

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