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Tip: Regularly updating this calculator can help track shifts in your market position and industry growth over time.
The Growth-Share Matrix helps companies assess their products or services based on their market share relative to competitors and the market’s growth rate. The matrix categorizes products into four quadrants:
By calculating relative market share and market growth rate, you can determine where your company stands and adjust your strategy accordingly.
Industry | Typical Growth Rate (%) |
Technology | 10% – 30% |
SaaS | 15% – 25% |
E-commerce | 5% – 15% |
Manufacturing | 3% – 8% |
Retail | 2% – 10% |
Note: These figures are indicative and may vary based on your business model, competition, and industry dynamics.
Scenario:
Calculation:
Interpretation:
The company has a relative market share of 0.625, which suggests it is a challenger in the market. The 25% market growth rate indicates that the industry is expanding, presenting opportunities for the company to grow.
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Answers to Frequently Asked Questions
The Growth-Share Matrix is a tool used to evaluate your business’s market position based on your relative market share and the market growth rate.
Relative market share is calculated by dividing your market share by the market share of the largest competitor.
The market growth rate reflects how fast or slow the industry is expanding. A higher growth rate indicates a growing market, while a lower rate suggests a mature or shrinking market.
Focus on increasing market share through better products, marketing, and strategic investments. Consider targeting fast-growing market segments.
Both are important. “Stars” offer potential for growth, while “Cash Cows” generate steady revenue. Balance resources between these categories for sustainable growth.