{"id":71885,"date":"2021-05-12T11:42:32","date_gmt":"2021-05-12T11:42:32","guid":{"rendered":"https:\/\/www.similarweb.com\/corp\/?p=71885"},"modified":"2025-03-27T13:12:40","modified_gmt":"2025-03-27T13:12:40","slug":"market-share-formula","status":"publish","type":"post","link":"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/","title":{"rendered":"Expand Your Reach: 4 Market Share Formulas to Get You There"},"content":{"rendered":"<p>Sometimes it can be surprising to see how you compare to others. But in business, comparisons go beyond standing in awe of your neighbor\u2019s huge house or your friends&#8217; impressive running speed. Knowing how you compare to others is more than just interesting, it\u2019s a necessity.<\/p>\n<p>Your company&#8217;s market share reveals the competitiveness of anyone in your industry in relation to your total market. But before you can calculate your market share (or get a <a href=\"https:\/\/www.similarweb.com\/corp\/web\/market-research\/\">market research tool to do it for you<\/a>) you need to figure out what you want to measure and apply the right market share formula.<\/p>\n<p>In this article, we&#8217;ll explain how to calculate market share and use the data for effective market research, better positioning, and maximizing your profitability.\u00a0<a href=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula.png\"><img decoding=\"async\" class=\"aligncenter wp-image-71894 size-full\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-1024x597.png\" alt=\"definition of market share\" width=\"1024\" height=\"597\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-1024x597.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-300x175.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-768x448.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<h2>Which market share formula should you use?<\/h2>\n<p>When people talk about <a href=\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-guide\/\">market share<\/a> they\u2019re usually talking about the portion of the revenue generated compared to the total revenue for your industry. For example, if fitness equipment sales amounted to $1 million, and your company&#8217;s sales totaled $100, then your market share would be 10%. This calculation is based on value.<\/p>\n<p>Another option would be to determine market share by volume.<\/p>\n<p>Instead of measuring the percentage of financial value, you would assess it by the total number of units sold.<\/p>\n<p>The car industry is a great example. Look around to see how many Toyotas are cruising the city compared to Ferraris. In terms of unit sales, Toyota likely outperforms most of its competitors in the car industry. On the other hand, one Ferrari has the same valuation of about 10 Toyotas.<\/p>\n<p>In this case, the next step would be to look at both value and volume to figure out how to beat the <a href=\"https:\/\/www.similarweb.com\/blog\/research\/business-benchmarking\/competitive-benchmarking\/\">competitive benchmarks<\/a> in this type of market. Because we aren\u2019t comparing apples to apples. In any diverse industry, such as cars, the difference between the two could be a major consideration that you shouldn\u2019t overlook. This process can also be helpful when comparing a small business to a major player in an industry.<\/p>\n<p><a href=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/value-vs-volume-market-share.png\"><img decoding=\"async\" class=\"aligncenter wp-image-71887 size-full\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/value-vs-volume-market-share-1024x597.png\" alt=\"market share by value verses market share by volume\" width=\"1024\" height=\"597\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/value-vs-volume-market-share-1024x597.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/value-vs-volume-market-share-300x175.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/value-vs-volume-market-share-768x448.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/value-vs-volume-market-share.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<h2>Benchmarking your market share<\/h2>\n<p>If we stick to the same example of the car industry, we can\u2019t ignore that Toyota and Ferrari aren\u2019t direct competitors. So how useful is it to benchmark their market share or even determine it relative to the entire car market? Analyzing their share of their specific market segment is more representative of a particular company&#8217;s brand recognition as opposed to their relation to each other.<\/p>\n<p>Each may own the largest chunk of a specific car market (luxury vs. economy cars), making them both market leaders.<\/p>\n<p>The ultimate goal for most companies is to lead their market and, to get there, you\u2019ll need to keep a close eye on how you measure up to the current leaders in your market.<\/p>\n<p>To benchmark against your <a href=\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/industry-leaders\/\">industry leaders<\/a>, you\u2019ll calculate your market share relative to that of the market leader. You can do the same with other competitors and monitor your progress over time. Determining the relative <a href=\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-sizing\/\">market size<\/a> is an effective tactic to evaluate your position among competitors.<\/p>\n<h2>Knowing your digital market share<\/h2>\n<p>In the digital world, the rules of the market share game are a little different.<\/p>\n<p>Not all websites generate sales or sell units, but they still own their share of the market. To identify your portion and evaluate your strength in the digital world, you\u2019ll measure traffic. Traffic resents your market share in the online market because traffic usually equals revenue for online companies. You can get even more information on this by looking at specific pages like the checkout page.<\/p>\n<p>Either way, the concept remains the same, and the race for the biggest slice of the online <a href=\"https:\/\/www.similarweb.com\/blog\/marketing\/marketing-strategy\/traffic-share\/\">traffic share<\/a> pie is only getting tougher.<\/p>\n<p><a href=\"https:\/\/account.similarweb.com\/journey\/registration\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter wp-image-71886 size-full\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/banner-how-to-calculate-your-market-share.png\" alt=\"level up your market share \" width=\"858\" height=\"218\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/banner-how-to-calculate-your-market-share.png 858w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/banner-how-to-calculate-your-market-share-300x76.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/banner-how-to-calculate-your-market-share-768x195.png 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/a><\/p>\n<h2>How to calculate market share [4 formulas]<\/h2>\n<p>Before choosing which concept and formula you want to use, clearly define the market or a segment you want to measure. If you only target or sell in a specific region, your goal may be to become a local market leader rather than a global powerhouse.<\/p>\n<p>Also, don\u2019t forget to determine the period of time you are planning to measure. Usually, you evaluate market share over a year, but monitoring quarterly can help you <a href=\"https:\/\/www.similarweb.com\/blog\/updates\/product-updates\/keyword-seasonality\/\">identify seasonal trends<\/a>.<\/p>\n<h3>1. All about revenue: Calculation of market share by value<\/h3>\n<p>Determine the overall revenue of your industry for the relevant period in the relevant market.<\/p>\n<p>You then divide your total market sales by that of the entire market and multiply by 100. The result represents your percentage of the market in terms of sales revenue. If you\u2019re not sure where to collect this information for the total market, public companies report their revenue and market share in filings and annual reports. You can also check trade associations or industry indexes.<\/p>\n<p>In markets where pricing between competitors is similar, calculating per volume would yield very similar results. You can even calculate your competitors\u2019 revenue market share if they are public companies and have revenue information available.<\/p>\n<p><a href=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-value.png\"><img decoding=\"async\" class=\"aligncenter wp-image-71891 size-full\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-value-1024x535.png\" alt=\"market share by value formula\" width=\"1024\" height=\"535\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-value-1024x535.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-value-300x157.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-value-768x401.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-value.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<h3>2. Calculation of market share by volume<\/h3>\n<p>For industries with significantly varying price points, the calculation by units can lead to a different outcome.<\/p>\n<p>A volume-oriented approach is useful for retailers competing for shelf space or anyone evaluating a discount strategy. The formula for calculating market share based on units is basically the same. You divide the number of your total sales per unit by the total units sold in the market.<\/p>\n<p><a href=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-volume.png\"><img decoding=\"async\" class=\"aligncenter wp-image-71890 size-full\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-volume-1024x535.png\" alt=\"market share by volume formula\" width=\"1024\" height=\"535\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-volume-1024x535.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-volume-300x157.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-volume-768x401.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/market-share-formula-volume.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>We recommend calculating both your market share by value and volume to get the best and most accurate insights.<\/p>\n<h3>3. Calculating market share by traffic<\/h3>\n<p>To determine your digital market share, you\u2019ll substitute revenue or units with traffic.<\/p>\n<p>You\u2019ll need a powerful <a href=\"https:\/\/www.similarweb.com\/website\/\">web analytics tool<\/a> that can provide reliable traffic data you can filter by industry and other categories. Take your traffic and divide it by the overall traffic in your industry.<\/p>\n<p><a href=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/traffic-market-share.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-71889\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/traffic-market-share-1024x535.png\" alt=\"market share by traffic formula\" width=\"1024\" height=\"535\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/traffic-market-share-1024x535.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/traffic-market-share-300x157.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/traffic-market-share-768x401.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/traffic-market-share.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>By doing this, you can determine how much of the overall traffic in your industry reaches your site. You can even zero in on specific domains, like the checkout page. Similarweb has the most accurate and real-time traffic share data available. The platform tracks over 100 million websites and 4.7 million apps, providing a real view of any company\u2019s traffic share in the digital world.<\/p>\n<p><a href=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/traffic-market-share.png\"><img decoding=\"async\" class=\"aligncenter wp-image-71975 size-full\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/Copy-of-SW-Blog-Pro-Screenshot-Rebrand-1024x597.png\" alt=\"Industry Leaders\" width=\"1024\" height=\"597\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/Copy-of-SW-Blog-Pro-Screenshot-Rebrand-1024x597.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/Copy-of-SW-Blog-Pro-Screenshot-Rebrand-300x175.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/Copy-of-SW-Blog-Pro-Screenshot-Rebrand-768x448.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/Copy-of-SW-Blog-Pro-Screenshot-Rebrand.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<h3>4. Calculation of relative market share<\/h3>\n<p>You can analyze and correlate data from different <a href=\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-segmentation\/\">market segments<\/a> and track them over time. Many analysts also calculate relative market share to benchmark directly against an industry leader. You determine your and their market share and add them into the formula.<\/p>\n<p><a href=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/relative-market-share.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-71888\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/relative-market-share-1024x535.png\" alt=\"relative market share formula\" width=\"1024\" height=\"535\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/relative-market-share-1024x535.png 1024w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/relative-market-share-300x157.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/relative-market-share-768x401.png 768w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/relative-market-share.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>To dig deeper, do the same calculation for other companies in your industry and turn the process into an ongoing <a href=\"https:\/\/www.similarweb.com\/blog\/research\/business-benchmarking\/benchmarking-strategy\/\">benchmarking strategy<\/a>.<\/p>\n<div class=\"stepped-form stepped-form--background\">\n  <div class=\"stepped-form__content\">\n      \n<div data-contact-us-hidden-sub-subject=\" \"\ndata-contact-us-should-get-chilipiper=\"false\"\ndata-contact-us-boolean-always-show-phone=\"false\"\ndata-contact-us-i18n-subtitle3_tell_us_more=\" \"\ndata-contact-us=\"split\"\ndata-contact-us-hidden-subject=\"no cu\"\ndata-contact-us-hidden-campaign-solution=\"All\"\ndata-contact-us-hidden-campaign-region=\"ALL\"\ndata-contact-us-hidden-form-location-breadcrumbs=\"Form Corp\/Reports\/Expand Your Reach: 4 Market Share Formulas to Get You There\/Content\"\ndata-contact-us-hidden-message=\"I want to download the file\"\ndata-contact-us-hidden-sfcmpid=\"70167000000c3GOAAY\"\ndata-contact-us-hidden-member-status=\"Downloaded\"\ndata-contact-us-hidden-button-caption=\"Download\"\ndata-contact-us-hidden-cta-description=\"null\"\ndata-contact-us-hidden-cta-url=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/May-2021_-The-Complete-Guide-to-Competitive-Benchmarking.pdf\"\ndata-contact-us-i18n-title=\"Get started with the 2021 competitive benchmarking playbook\"\ndata-contact-us-i18n-submit_button=\"Download\"\ndata-contact-us-i18n-success_title=\"Thanks for downloading!\"\ndata-contact-us-i18n-success_subtitle=\"We hope you enjoy these insights.\"\ndata-contact-us-i18n-success_sub_subtitle=\"Ready to dive deeper?\"\ndata-corp-form-type=\"split-download\"\ndata-contact-us-file-url=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/May-2021_-The-Complete-Guide-to-Competitive-Benchmarking.pdf\"\ndata-contact-us-hidden-file-url=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/May-2021_-The-Complete-Guide-to-Competitive-Benchmarking.pdf\"\n>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<h2>Getting the insights you need for growth<\/h2>\n<p>If you aren\u2019t interested in crunching numbers, it\u2019s helpful to use a tool that gathers the most accurate data and does the work for you \u2013 instantly. Similarweb\u2019s <a href=\"https:\/\/www.similarweb.com\/corp\/web\/\">web intelligence tools<\/a> show you market share for traffic, engagement, and conversion data per industry.<\/p>\n<p>You can filter exactly what you need to see. Choose the relevant category, segment, or competitors. Determine the time frame you want to analyze and correlate with additional metrics. This feature calculates your own traffic share and allows you to compare, benchmark, and keep monitoring it over time with ease.<\/p>\n<p>With accurate data and trusted formulas, you can turn your market share calculations into a report with actionable advice and key takeaways, rather than just a number to analyze.<\/p>\n<p><a href=\"https:\/\/account.similarweb.com\/journey\/registration\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter wp-image-71886 size-full\" src=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/banner-how-to-calculate-your-market-share.png\" alt=\"level up your market share \" width=\"858\" height=\"218\" srcset=\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/banner-how-to-calculate-your-market-share.png 858w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/banner-how-to-calculate-your-market-share-300x76.png 300w, https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/05\/banner-how-to-calculate-your-market-share-768x195.png 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/a><\/p>\n<p><em>This blog post was written by <a href=\"https:\/\/www.linkedin.com\/in\/ruth-m-trucks-a929b128\/\" rel=\"noopener noreferrer\">Ruth M. Trucks<\/a>.<\/em><\/p>\n<h2>FAQ<\/h2>\n<p><strong>How is market share calculated?<\/strong><\/p>\n<p>Market share is calculated by value or by volume.<\/p>\n<p><strong>What is the formula to calculate market share?<\/strong><\/p>\n<p>(Your total units sold\/Total units in the market) x 100<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sometimes it can be surprising to see how you compare to others. But in business, comparisons go beyond standing in awe of your neighbor\u2019s huge house or your friends&#8217; impressive running speed. Knowing how you compare to others is more than just interesting, it\u2019s a necessity. Your company&#8217;s market share reveals the competitiveness of anyone [&hellip;]<\/p>\n","protected":false},"author":326,"featured_media":79635,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6481,6453,6467,2809],"tags":[],"class_list":["post-71885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-research","category-digital-analysis","category-market-research","category-research"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>4 Market Share Formulas to Increase Your Impact | Similarweb<\/title>\n<meta name=\"description\" content=\"Get the market share formulas you need to leverage your data and help you grow into an industry leader. Understand when to apply them and how. Get started.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Molly Winik\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/\"},\"author\":{\"name\":\"Molly Winik\",\"@id\":\"https:\/\/www.similarweb.com\/blog\/#\/schema\/person\/24ccb828b8fa7df7ab2030ff4a650697\"},\"headline\":\"Expand Your Reach: 4 Market Share Formulas to Get You There\",\"datePublished\":\"2021-05-12T11:42:32+00:00\",\"dateModified\":\"2025-03-27T13:12:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/\"},\"wordCount\":1346,\"publisher\":{\"@id\":\"https:\/\/www.similarweb.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/06\/Market-Share-Formulas.jpg\",\"articleSection\":[\"Company Research\",\"Digital Analysis\",\"Market Research\",\"Research\"],\"inLanguage\":\"\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/\",\"url\":\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/\",\"name\":\"4 Market Share Formulas to Increase Your Impact | Similarweb\",\"isPartOf\":{\"@id\":\"https:\/\/www.similarweb.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.similarweb.com\/blog\/research\/market-research\/market-share-formula\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.similarweb.com\/blog\/wp-content\/uploads\/2021\/06\/Market-Share-Formulas.jpg\",\"datePublished\":\"2021-05-12T11:42:32+00:00\",\"dateModified\":\"2025-03-27T13:12:40+00:00\",\"description\":\"Get the market share formulas you need to leverage your data and help you grow into an industry leader. Understand when to apply them and how. 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