How do we get the value 30% market share for our customer?

Question

Given Data:
The customer is the market leader in North America; in general around 80% of the market is accounted for 4 similarly sized competitors.

How do I derive 30% market share based on this piece of information?

Thanks!

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score 5 · Accepted Answer · 2019-11-20T18:23:33+00:00

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Antonello

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antwortete am 20. Nov 2019

McKinsey | 10+ interviews passed (100% success rate) | 100+ candidates coached

Hi,
I think it is a rough estimation: since 4 competitors have the 80% of the market and the client is the leader, it will have more than 20% of market share, let's assume 30%.

Best,
Antonello

Hey, how is that possible? There are just 20 % of the market left left. I do not get it. — Anonym B am 15. Jan 2020 (editiert)

How do we get the value 30% market share for our customer?

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