Market · 13 min read · Updated 4 Aug 2026

How to Find Competitor Market Share: 10 Sources and 3 Ways to Calculate It

Market share is a fraction, and nearly everyone researching it goes hunting for the numerator. The competitor's revenue is the easy half. The denominator, a credible figure for the size of the market, decides whether your percentage means anything, and in most business software categories no measured denominator exists at all.

Where to find competitor market share: ten sources

Start with the part that decides everything else. A share figure is one company’s sales divided by the whole market’s sales, and almost every article on this subject treats the second number as though it were sitting somewhere waiting to be looked up. It usually is not. Whether you can find competitor market share at all comes down to a single question: is anybody measuring the total?

In some markets somebody is. Regulators count licensed operators. Retail measurement panels read till receipts. Governments count business revenue by classification code. Public buyers publish every contract they award. In those markets a real share figure exists and you can go and get it. In most business software categories nobody counts anything, and the shares circulating in press articles are estimated revenue divided by an estimated market size, which is two models stacked on each other.

Sources for finding competitor market share, with cost, freshness and reliability
SourceWhat it gives youCostHow currentReliability
Analyst market share trackersQuantified vendor share of a defined technology market, with the segment definition statedPaid, often four figures per reportQuarterly, one to two quarters behind High
Public filings and earnings callsA competitor's own share claim, their definition of the market, and which rivals they treat as realFreeQuarterly Medium
Industry regulators and trade associationsMeasured volumes for every licensed operator in banking, telecoms, insurance, energy, aviation and pharmaFreeMonthly to annual High
Government statistics agenciesTotal industry revenue and business counts by classification code: the denominator, never the numeratorFreeAnnual, one to two years late High
Library business databasesIndustry reports carrying a market size estimate and named major participants with estimated sharesFree with a public library cardRolling annual refresh Medium
Retail measurement panelsMeasured unit and value share by brand from till and panel data, the closest thing to a true share figurePaidWeekly to monthly High
Public procurement award databasesEvery contract won by every vendor inside a countable public-sector segment, with valuesFreeLags 1 to 12 months High
Technology detection install countsA countable universe of detectable installs per vendor, for anything visible in a public web pageFreemiumContinuous Medium
Review site and app store countsReview volume, category rank and download estimates as a rough proxy for relative install baseFreeContinuous Low
Your own CRM and win/loss recordsWin rate against each named competitor: a measured share of the deals you actually contestFree (you already own it)Live High

How to find competitor market share, step by step

  1. 1Decide which share question you are actually asking. Three different numbers get called market share: share of a whole industry, share relative to your largest rival, and share of the deals you personally compete in. They need different data and support different decisions. Pick one before you collect anything.
  2. 2Define the market in one written sentence. Name the buyer, the problem, the geography and the period. "Mid-market HR teams in the EU buying applicant tracking, 2026" is a market. "HR software" is not. That sentence travels with every share figure you ever publish.
  3. 3Find a measured denominator, or admit there is not one. Regulators, statistics agencies, retail panels and procurement registers publish real totals. If none of them covers your market, stop hunting for a percentage of an industry and switch to a share you can actually compute.
  4. 4Collect the numerator on the same basis. Whatever unit the denominator uses, revenue or units or subscribers or contracts, the competitor figure has to use it too. A revenue numerator over a unit denominator produces a number that looks perfectly respectable and means nothing.
  5. 5Compute relative market share as the fallback. Divide your figure by the largest competitor's. It needs no market size at all, it is the axis the growth-share matrix was built on, and it answers the question a raw percentage usually does not: are we the leader or the challenger.
  6. 6Measure your share of the deals you contest. Pull win rate by named competitor out of your own pipeline. It is first-party, measured and current, and it is the only market-share-shaped number on this page you can verify end to end.
  7. 7Record the definition, the source and the date beside the number. A share figure stripped of its market definition cannot be audited, and it will be quoted back at you in a board deck a year later. Re-check quarterly, and immediately when a competitor is acquired or a new entrant appears.

Three competitor market share numbers you can actually calculate

“Market share” names three different calculations that get used interchangeably and should not be. They need different data, they survive different amounts of missing information, and they support different decisions. Choosing the right one is what separates a defensible number from a decorative one, and it is the step that almost never appears in the guides ranking for this query.

Which market share calculation your available data actually supports
CalculationWhat it needsUse it whenWhat it tells you
Absolute share of marketA measured market total plus the competitor's sales, in the same unit and periodA regulator, panel or statistics agency publishes the totalPosition in the whole industry, comparable across years
Relative market shareYour sales and the largest competitor's sales. No market total at allNobody measures the market, but rival revenue is findable or estimableLeader or challenger, and by what multiple
Share of deals contestedYour own CRM: opportunities where a named competitor was present, and their outcomeAlways. This one is first-party and measuredWhether you are winning the market you actually sell into

Absolute share, when a real denominator exists

This is the classic percentage, and it is only as good as the total underneath it. Take the total from something that counted rather than something that estimated, take the numerator on the identical basis, and carry the market definition alongside the number for the rest of its life. If the total came from a market research report, read how the report defined the segment before you quote the result: two reputable houses sizing “CRM” can differ twofold purely on scope.

Relative market share, when no denominator exists

Divide your sales by your largest competitor’s. That is it. No market total, no classification code, no report. Above 1.0 you lead; at 0.3 you are a third the size of the leader and the strategic conversation is completely different. This is the axis the growth-share matrix was built on, and it stays computable in exactly the situations where absolute share quietly becomes fiction. Its one dependency is a defensible revenue figure for the rival, which is a solvable problem: the sources for that are set out in the guide to finding competitor revenue.

Share of contested deals, which nobody else tells you to use

Filter your own closed opportunities to those where a specific competitor was in the room, then compute how many you won. That is a share of a real, countable market: the one you actually sell into. It is measured rather than modelled, it is current rather than a year old, it moves when your positioning moves, and it is the only number here you can fully audit because you own the underlying records. It also does something the other two cannot, which is tell you whether a competitor is getting harder to beat before their revenue reflects it. Win rate covers how to compute it cleanly.

The question to ask before collecting anything

What would we do differently if this competitor turned out to hold 8% rather than 20%? If the answer is nothing, you want relative share or contested share, not a percentage of an industry. Most requests for market share are really requests to know whether a rival is winning, and that question has a cheaper and more reliable answer.

Every competitor market share source, and how to work it

1. Analyst market share trackers

IDC, Gartner and Canalys publish quantified vendor shares for the technology markets they have decided to track, usually quarterly and usually with a stated segment definition. Where one exists for your category it is the fastest credible answer on this page. Two cautions. Coverage is patchy and skewed to large markets, so a niche category is unlikely to be tracked at all. And the numbers come substantially from vendor briefings, which means a vendor who declines to brief can be under-counted or missing entirely.

2. Public filings and earnings calls

For a listed competitor, the annual report’s business section carries a discussion of competition, and management often states a share on earnings calls. Read it for three things, only one of which is the number: how they define their market, which competitors they name as real, and which segments they describe as growing. The definition and the named rivals are more durable intelligence than the share claim, because the claim is self-reported and the market boundary was chosen by the person quoting it.

3. Industry regulators and trade associations

Where an industry is licensed, somebody counts it. Banking supervisors publish deposits and lending by institution, telecoms regulators publish subscriber numbers by operator, insurance regulators publish written premiums, energy and aviation regulators publish volumes. These are measurements rather than estimates and they are usually free. If your competitors sit in a regulated sector, this is the best source on the page and most competitive research never opens it.

4. Government statistics agencies

National statistics offices publish total revenue and business counts by industry classification code. This gives you a denominator, never a numerator, and it arrives one to two years late. Used carefully it is still valuable: it bounds the market, and it exposes market-size claims that exceed the entire measured industry. Check which classification code your category actually falls under before trusting the total, because software categories are frequently spread across several.

5. Library business databases

Industry research databases such as IBISWorld, Statista and MarketLine carry a market size, a growth rate and a list of major participants with estimated shares. They are expensive commercially and free through a great many public library systems, remotely, with nothing more than a library card. That is a genuinely useful and almost never mentioned route to reports that otherwise cost four figures. Treat their share splits as informed estimates, and read the methodology note, which they do publish.

6. Retail measurement panels

In consumer goods, share is genuinely measured. Panel providers read till data from retailers and purchase diaries from households, and report unit and value share by brand weekly. It is expensive and it is the real thing. If you sell consumer products, share language means something precise in your market that it simply does not mean in business software, and it is worth being explicit about that when the two audiences read the same report.

7. Public procurement award databases

Public bodies publish what they bought, from whom and for how much. That gives you a complete, countable segment: every award in a category over a period, with vendor names and contract values. You can compute a true share of public-sector spend, which is a real measurement even though it covers only one slice of the market. In sectors with heavy public buying, that slice is large enough to be a reliable directional read on the whole.

8. Technology detection install counts

Detection services fingerprint what a public web page loads, so for any product that leaves a trace in a browser they can count detectable installs per vendor. The universe is the set of sites they crawl rather than the market, so the absolute count is not a market share. The ratio between two vendors inside the same universe, tracked over time, is a legitimate relative signal. The mechanics and limits of that detection are covered in the guide to finding a competitor’s tech stack.

9. Review site and app store counts

Review volume, category ranking and download estimates all correlate loosely with install base and are all easy to distort. A vendor running a review campaign can double its review count in a quarter without gaining a single customer. Use these to spot a vendor you had not heard of and to watch a trend line, never to state a share. Grade them low and say so when they appear in your analysis.

10. Your own CRM and contested-deal history

Every deal you have contested against a named competitor is a data point about market share that nobody else on earth holds. Aggregate them into a win rate per competitor and a trend over the last four quarters. This is the source that turns a research exercise into something the sales team recognises, and it is sitting in a system you already pay for. Keeping the competitor field populated on every opportunity is the only work involved.

Unit share and revenue share are different competitor market share numbers

Both are legitimate, they answer different questions, and quoting the flattering one without saying which it is has been a marketing habit for decades. Unit share divides units sold by total units. Revenue share divides sales value by total market value. They agree only when everyone charges the same price, which happens in no real market.

Unit share and revenue share compared
Unit shareRevenue share
NumeratorUnits, seats, subscribers or contracts soldSales value
FlattersHigh-volume, low-price playersPremium players selling fewer, dearer units
Best forAdoption, install base, network effects and switching riskCommercial scale, pricing power and profit potential
Watch forFree or bundled units counted as winsA single enterprise contract distorting a whole period

There is a useful trick hiding in the pair. Divide revenue share by unit share and you get a relative price index: above 1.0 means the company sells above the market average price, below means it sells beneath it. A competitor whose unit share is climbing while their index falls is buying share with discounting, which is visible in the arithmetic long before it appears in anyone’s commentary.

How to verify a competitor market share figure

  1. 1Find the denominator first. Ask what total the percentage was taken against and where that total came from. A share figure whose denominator nobody can name is an opinion with a decimal point.
  2. 2Classify it as measured, estimated or claimed. Regulator and panel figures are measured. Analyst tracker figures are estimated. Figures in press coverage are usually a company’s own claim reprinted. All three get called market share and only the first is a fact.
  3. 3Check the shares sum sensibly. Add up every published share for the market. Well over 100% means the sources used incompatible market definitions; far under it means a large unattributed remainder that may itself be the real competitor.
  4. 4Sanity-check against headcount. A vendor claiming to lead a market with a fifth of the leader’s employees is claiming a productivity difference that would be famous. Cross-checking against competitor headcount catches inflated claims quickly.
  5. 5Test it against your own pipeline. If a competitor supposedly holds a third of your market but appears in one deal in twenty, either the market definition does not describe the market you sell into, or the figure is wrong. Both are worth knowing.

Market share research carries a specific legal risk the other competitive data points do not, and it catches people out because the risky activity looks like ordinary industry collaboration.

  • Do not exchange commercially sensitive data directly with competitors. Sharing current or forward-looking volumes, prices or capacity with a rival, including through a trade association working group, is treated as unlawful information exchange by competition authorities in both the EU and the US, and the exchange itself can be the infringement without any price ever being agreed. Benchmarking compiled by an independent third party from aggregated, historical, anonymised inputs is the accepted form, and the distinction is not a technicality.
  • Respect the licence on a research report. Analyst reports are licensed to named seats. Circulating the PDF, republishing its charts or posting a share figure with the chart attached generally breaches that licence. Quoting a number with attribution is normally permitted; check the terms, because they differ by house.
  • Do not misrepresent who you are. Requesting a vendor briefing, an analyst inquiry or a market report while posing as a customer or a journalist is deceptive, breaches the professional standards competitive intelligence practitioners work to, and is the fastest way to make a legitimate research function look like something else.
  • Read published figures as much as you like. Filings, regulator data, statistics releases, procurement registers and your own records are all fair game, and assembling them into a share estimate is exactly what the discipline is for.

What you cannot find about competitor market share, and the best proxy

  • A precise share in an unmeasured market. Nobody counts most business software categories, so no correct answer exists to be found. Proxy: relative share against the leader, plus share of a countable universe such as public contracts or detectable installs, with the universe named.
  • Share by segment or by geography. Published shares are nearly always global and whole-market, while the decisions you make are segment-level. Proxy: your own win rate against that competitor filtered to the segment, which is segment-level by construction.
  • Share of wallet inside an account. How much of a shared customer’s budget goes to them rather than you is known only to the customer. Proxy: ask in account reviews, and watch which of you the customer sends to their integration and procurement conversations.
  • Share momentum in real time. Every published share figure describes a period that has already closed, typically one to four quarters ago. Proxy: leading indicators that move first, namely new customer logos, hiring by function, and your own contested win rate.
  • The share of privately held new entrants. The competitor most likely to take share from you next is too small to appear in any tracker. Proxy: mentions in your lost-deal reasons, which is where a new entrant surfaces first by a wide margin.

How to keep competitor market share research current

Market share ages in two different ways and they need different cadences. The published percentage moves slowly, so re-checking a tracker or a regulator release quarterly is enough. The things that change share move fast: a competitor announcing a large customer, entering a new country, launching into an adjacent category or closing a funding round. Those deserve to reach you the week they happen, not in a report the following spring.

Keep the share figure, its market definition, its source and its verification date together in one place, and note the events that would force a re-read. A competitor tracking spreadsheet is enough structure for a handful of competitors. Flares watches the share-moving events continuously, which matters here because by the time a market share number is published, the movement that produced it happened three quarters ago.

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Market sources FAQ

How do you calculate the market share of competitors?

Divide the competitor's sales by total sales in the market over the same period, then multiply by 100. The arithmetic is trivial and it is not where the difficulty is. Both figures have to cover the same market definition, the same geography, the same time window and the same unit, and the total is the number that is genuinely hard to source. If you cannot defend the denominator, the percentage you publish is decoration.

How do I find the market share of a company?

Work in this order. Check whether an analyst house publishes a share tracker for that market, because if one exists it is the fastest credible answer. Check the company's own filings and earnings calls, where listed companies often state a share and always state how they define the market. Check whether a regulator or trade association measures the sector, which is the case in banking, telecoms, insurance, energy, aviation and pharmaceuticals. If none of those apply, no published share figure exists, and the honest move is to compute a relative or contested share instead of quoting somebody's guess.

What is the market share of competitors, and can you always find it?

No, and this is the part the tool blogs skip. Published share figures are common in measured markets: consumer goods with till-level panels, regulated industries with mandatory reporting, and large technology categories an analyst house has decided to track. In everything else, and that includes most business software niches, nobody is measuring the total, so every share figure in circulation is a model built on estimated revenue divided by an estimated market size. Two estimates divided by one another compound their error rather than cancel it.

What is competitive market share?

It is the proportion of a defined market held by one competitor, and the word doing the work is "defined". Draw the market wide and everyone looks small. Draw it around the segment where you genuinely compete and the picture inverts. Because the boundary is a choice rather than a fact, always publish the market definition next to the percentage, and be suspicious of any share figure that arrives without one.

What does a 25% market share mean?

It means one in four units, or one in four euros, in that market goes to that company. On its own it tells you very little. Twenty-five per cent against a leader on 50% means you are a distant number two in a concentrated market. Twenty-five per cent against a field where nobody else clears 8% means you are the leader in a fragmented one. The same percentage describes two completely different strategic positions, which is why relative share is usually the more useful number.

What are the two ways of measuring market share?

Unit share and revenue share. Unit share divides units sold by total units in the market; revenue share divides sales value by total market value. They diverge whenever prices differ, which is nearly always. A premium vendor selling fewer, dearer units can lead on revenue share while trailing badly on unit share. A useful side effect: dividing revenue share by unit share gives a relative price index, so a ratio above 1 says the company sells above the market average price.

What is the formula for market share in FMCG?

Fast-moving consumer goods use the same two formulas, under the names value share and volume share, and they are unusual in being genuinely measured rather than estimated. Retail measurement panels read till data and consumer panels, so a brand's share of a category can be reported weekly with real precision. That is why share language is far more reliable in consumer goods than in business software, where no equivalent measurement layer exists.

What is relative market share?

Your share divided by the largest competitor's share, or equivalently your sales divided by theirs. It requires no market size, which is precisely why it is the practical answer when the denominator is unavailable. Anything above 1.0 makes you the leader. It is the horizontal axis of the growth-share matrix, and it captures the competitive reality a raw percentage frequently hides.

How do you find market competitors before you can measure share?

Build the list from three directions and merge them. Ask your own buyers who else they evaluated, which is the only list that reflects the choice actually being made. Read the competition section of any listed competitor's annual report, where companies name the rivals they take seriously. Then check the review-site category, search results for your core problem and adjacent solution categories for names neither of the first two produced. Competitor research covers the wider discipline.

How do you identify market competitors you did not know existed?

The ones that hurt are rarely in your slide deck. Three cheap sweeps find them: closed-lost reasons in your CRM that name a company nobody recognises, review sites listing vendors in your category that you have never met, and search results for the exact problem statement your buyers use rather than for your product category. Add anything a customer mentions unprompted, and re-run the sweep every quarter, because new entrants show up in buyer conversations long before they show up in an analyst report.

How do you take market share from competitors?

Research tells you where share is available; taking it is a positioning and execution decision. The practical route is to find the segment where their offer fits worst, confirm it with lost-deal and switching evidence rather than with a hunch, and aim your messaging and roadmap at that seam. Competitive displacement covers the play in full. Buying share with discounting works, moves fast, and is very hard to reverse.

Can you find market share for a private software company?

Usually not as a percentage, and pretending otherwise is how bad board slides get made. There is no measured total for most software niches and private revenue is rarely disclosed outside Europe's filing regimes. What you can do instead: count a proxy universe such as detectable installs, review volume or public contracts won, and report share of that universe with the universe named. Then hold it beside your win rate against that competitor, which is measured and yours.

How accurate are published market share figures?

It depends entirely on whether anything was measured. Retail panel shares and regulator-reported shares are measurements and are accurate. Analyst tracker shares are careful estimates built from vendor briefings and modelling, are usually directionally sound, and depend on a segment definition you should read before quoting the number. Shares appearing in press articles and vendor marketing are typically a company's own claim reprinted without checking. Ask which of the three you are holding before it reaches a slide.

How concentrated is my market, and does it matter?

It matters more than your own share does. The standard measure is the Herfindahl-Hirschman Index, the sum of every player's squared percentage share: four firms at 30, 30, 20 and 20 give 2,600. Historically, 1,000 to 1,800 has been read as moderately concentrated and above 1,800 as highly concentrated, and the 2023 US merger guidelines apply a structural presumption above 1,800. High concentration means share moves in large chunks between few players. Low concentration means it leaks steadily to entrants nobody is watching.

How does market share fit into a competitor analysis?

It is the sizing input, not the analysis. Share tells you who is worth studying and how urgent each one is; it never tells you why they win, which is the part that changes what you do. Use it to rank the field, then spend the real effort on positioning, pricing and lost-deal evidence for the two or three at the top. A competitive analysis template gives that work a structure.

Can you use ChatGPT to find competitor market share?

It will give you a confident percentage, and you should not publish it. Language models reproduce share figures that circulated in their training data, without the market definition, the date or the methodology that would let you judge them, and they will readily interpolate a plausible number where none was ever published. Use one to find the source instead: ask which analyst house tracks the category, which regulator reports the sector, and which classification code the industry sits under. Then verify the figure at that source yourself.

How often should you update competitor market share?

Quarterly for a tracked market, annually where the only denominator is a government statistic that updates once a year, and immediately after an acquisition, a category entry or a competitor's funding round, because each of those redraws the market rather than moving a number inside it. Your own win rate by competitor deserves a monthly look, since it is the fastest-moving share signal you own.

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