representing 31.3 percent vs being 31.3 percent

[anhnha]

The company sold 56.3 million smartphones, including its flagship Galaxy S III, in July-September, representing 31.3 percent of the global market, more than twice as much as bitter rival Apple's share 15 percent, research firm IDC said.

represent: to be the result of something, or to be something
More:represent verb (BE) - definition in British English Dictionary & Thesaurus - Cambridge Dictionary Online
Can I replace the phrase "representing 31.3 percent of the global market" by "being 31.3 percent of the global market"?
If possible, is there any difference in meaning between them?

[Tdol]

I wouldn't- you could simply delete representing, but being doesn't sound very natural to me.

[anhnha]

I think "accounting for" works here. Is this right?

[BobK]

I wouldn't- you could simply delete representing, but being doesn't sound very natural to me.

I think 'being' is probably what you're looking for, but it needs more: '...being a N% share...'.

b

[anhnha]

I think 'being' is probably what you're looking for, but it needs more: '...being a N% share...'.

b

Thank you,
Do you mean that "being" need to follow by a noun?
Isn't the phrase "31.3 percent of the global market" in "representing 31.3 percent of the global market" a noun?