submarket

noun

sub·mar·ket ˈsəb-ˌmär-kət

variants or sub-market

plural submarkets or sub-markets

: a portion or subdivision of a market

a profitable submarket of the banking industry

… is one of several local travel agencies, and several dozen around the country, that belong to a little known sub-market that sells tickets on international flights for … up to 70 percent off the normal cost of a one-way ticket.—

Bernie Kohn

Examples of submarket in a Sentence

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Blackman said Near Southside is an interesting submarket for Fort Worth’s hospitality industry, and there’s enough demand in the area to warrant additional hotels. —

Kate Marijolovic, Fort Worth Star-Telegram, 11 Jan. 2025 As with all real estate, Miami has distinct submarkets. —

Kathy A. McDonald, Variety, 13 Dec. 2024 With its numerous pre-war apartment buildings, central Denver is among the more affordable metro submarkets, along with the older ring suburbs. —

Aldo Svaldi, The Denver Post, 10 Dec. 2024 The overall vacancy rate fell 0.3% to 5.3% and moved lower in 18 out of 33 submarkets. —

Aldo Svaldi, The Denver Post, 24 Oct. 2024 See all Example Sentences for submarket