Dictionary.com
Thesaurus.com

market segment

British  

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

"With the successful acquisition of Naval Systems, we have entered a new market segment where we are also generating profitable growth," he said.

From Barron's • May 7, 2026

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

From Slate • Dec. 17, 2023

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

From BBC • Dec. 6, 2023

"Sometimes, as with ARK, it's a group of products targeting different slices of the same strategy or market" segment, he said.

From Reuters • Nov. 13, 2023

"It looks like their strategy will be to serve the grocery market segment that stands between the Whole Foods and Dollar General segments," Sidone told The Northwest Indiana Times.

From Salon • May 9, 2023

Vocabulary.com logo
by dictionary.com

Look it up. Learn it forever.

Remember "market segment" for good with VocabTrainer. Expand your vocabulary effortlessly with personalized learning tools that adapt to your goals.

Take me to Vocabulary.com