market segment

noun

1. a part of a market identifiable as having particular customers with specific buying characteristics

Example Sentences

This hub quickly emerged as one of Robinhood’s fastest-growing product lines by revenue, with the company writing in its third-quarter earnings release that the predictions market segment was “growing rapidly.”

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AMC was absorbed into Chrysler in 1987; the establishment of SUVs as an emergent and lucrative market segment is its legacy.

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McDonald's has opened its first iteration of CosMc's, a retro-style restaurant idea that will offer coffee and other specialty drinks, which would operate in the same market segment as Starbucks.

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McDonald's has announced the details of its new restaurant idea, CosMc's, which would operate in the same market segment as Starbucks.

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The study was conducted by Next Street, an advisory firm which analyzed data from the middle market segment focusing on firms that generate an annual revenue of anywhere between $11 million to $500 million.

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