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
Bernie KohnExamples of submarket in a Sentence
Recent Examples on the Web
As of the end of the fourth quarter of 2025, only one submarket in Cook County experienced a year-over-year decline in prices out of 18 submarkets in suburban Cook County and 17 city of Chicago submarkets, according to a report released by the Institute in April.
—Francine Knowles, Chicago Tribune, 25 May 2026
Acquisition costs remain high, and in many submarkets, investors are competing directly with end buyers, which compresses going-in margins before a single nail is driven.
—Wesley Carpenter, Forbes.com, 21 May 2026
The Cherry Creek submarket has an office vacancy rate of 10.5%, but in Cherry Creek North, where the heaviest construction is underway, the rate is closer to 1.9%, according to the State of Cherry Creek Report, which the Alliance released on Friday.
—Aldo Svaldi, Denver Post, 18 May 2026
Houston tourism officials say the pace of hotel bookings for June and July is already running more than double last year’s levels across major submarkets.
—Maya Davis, Fortune, 28 Mar. 2026
See All Example Sentences for submarket
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Francine Knowles, Chicago Tribune, 25 May 2026
Acquisition costs remain high, and in many submarkets, investors are competing directly with end buyers, which compresses going-in margins before a single nail is driven.
—Wesley Carpenter, Forbes.com, 21 May 2026
The Cherry Creek submarket has an office vacancy rate of 10.5%, but in Cherry Creek North, where the heaviest construction is underway, the rate is closer to 1.9%, according to the State of Cherry Creek Report, which the Alliance released on Friday.
—Aldo Svaldi, Denver Post, 18 May 2026
Houston tourism officials say the pace of hotel bookings for June and July is already running more than double last year’s levels across major submarkets.
—Maya Davis, Fortune, 28 Mar. 2026
See All Example Sentences for submarket
Cite this Entry
“Submarket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/submarket. Accessed 4 Jun. 2026.
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