Market Share
Market share refers to the percentage of total sales in a particular market that is held by a particular company or product. In data science, market share analysis is used to understand the competitive landscape of a market and to identify opportunities for growth. This analysis involves collecting and analyzing data on sales, revenue, and market trends to determine the market share of each company or product. Market share can be calculated for a specific time period or over a longer period of time to track changes in market dynamics. Companies can use market share analysis to identify areas where they are losing market share and to develop strategies to regain market share. Additionally, market share analysis can be used to identify potential acquisition targets or to evaluate the impact of mergers and acquisitions on market share.
Your Previous Searches
Random Picks
- Machine Learning Frameworks: Machine Learning Frameworks are software tools that provide an interface for building, training, and deploying machine learning models. These frameworks provide a set of pre-built algorithms, libraries, and tools that enable developers to c ... Read More >>
- Transmission Electron Microscopes: Transmission Electron Microscopes (TEMs) are scientific instruments that use a beam of electrons to image and analyze the structure of materials at the nanoscale level. TEMs work by passing a beam of electrons through a thin sample, which i ... Read More >>
- Specific Heat Capacity: Specific Heat Capacity is the amount of heat energy required to raise the temperature of a unit mass of a substance by one degree Celsius. In Data Science, Specific Heat Capacity is used in thermodynamics and heat transfer calculations to d ... Read More >>
Top News
Uber CEO Dara Khosrowshahi calls Elon Musk's vision for Tesla robotaxis 'pretty ...
Uber CEO Dara Khosrowshahi appeared on Friday's episode of the Hard Fork podcast, where he spoke about the future of the autonomous vehicle industry....
News Source: Business Insider on 2024-10-20
After Cynthia Erivo Called "Wicked" Fan Art "Offensive," Ariana Grande Has Offer...
"It's so much bigger than us."View Entire Post ›...
News Source: Buzzfeed on 2024-10-20
Google Research execs reveal how they use AI in their daily lives — and where ...
Google execs on the Research team told Business Insider their favorite uses of AI, like looking up products with Lens or translating pages....
News Source: Business Insider on 2024-10-20
Google DeepMind CEO Demis Hassabis explains what needs to happen to move from ch...
Demis Hassabis, the CEO of Google DeepMind, recently discussed what he thinks will be the next phase of AI after chatbots....
News Source: Business Insider on 2024-10-19
This is OpenAI CEO Sam Altman's favorite question about AGI...
Altman said artificial general intelligence will facilitate "scaffolding that exists between all of us."...
News Source: Business Insider on 2024-10-19