Are New Balance bigger than Nike?

I'm curious to know, are New Balance really bigger than Nike in the sneaker market? It's a common perception that Nike dominates the industry with their iconic designs and widespread popularity. However, some argue that New Balance, with their focus on quality and comfort, has a loyal following that rivals Nike's. So, what's the real story here? Are New Balance truly a bigger player in the sneaker game, or is this just a matter of opinion? Let's delve into the numbers and market share to find out.