noun
- a subdivision or smaller part of a larger sector, especially in economics or business
Examples
- The technology subsector has shown remarkable growth this quarter.
- Healthcare can be divided into several subsectors including pharmaceuticals and medical devices.
- Investment in the renewable energy subsector continues to increase.
- The automotive subsector faces challenges from electric vehicle competition.
- Banking is just one subsector of the broader financial services industry.
- The retail subsector includes both online and brick-and-mortar stores.