What is measured as a percentage of total industry sales over a specified time period?

Question

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Market share is the most commonly used metric to measure a company's or a product's performance in the marketplace, which is the percentage of total industry sales over a specific time period. It reflects how well a company or a product is doing in comparison with its competitors and provides insight into market trends and customer behavior. Research & development share, mind share, and voice share are not directly related to sales performance in the market.

What Is Measured as a Percentage of Total Industry Sales