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
In the La Jolla-adjacent submarket, Irvine Company owns 46 office buildings with a total of 4.5 million square feet of space spread across nine different campuses.
—Jennifer Van Grove, San Diego Union-Tribune, 15 Aug. 2025
Hines, a global real estate investment, development and management firm, recently announced the acquisition of the Titusville Logistics Center, a nearly 250,000-square-foot, Class A industrial property located in Florida's Space Coast submarket.
—Diana Olick, CNBC, 15 July 2025
Selective use in high-vacancy submarkets can enhance investor confidence while keeping insurance costs in check.
—Nathan Levinson, Forbes.com, 10 July 2025
The 1980s research and development boom created entire submarkets for tech, biotech, and medical device firms.
—Allen Buchanan, Oc Register, 17 May 2025
See All Example Sentences for submarket
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Jennifer Van Grove, San Diego Union-Tribune, 15 Aug. 2025
Hines, a global real estate investment, development and management firm, recently announced the acquisition of the Titusville Logistics Center, a nearly 250,000-square-foot, Class A industrial property located in Florida's Space Coast submarket.
—Diana Olick, CNBC, 15 July 2025
Selective use in high-vacancy submarkets can enhance investor confidence while keeping insurance costs in check.
—Nathan Levinson, Forbes.com, 10 July 2025
The 1980s research and development boom created entire submarkets for tech, biotech, and medical device firms.
—Allen Buchanan, Oc Register, 17 May 2025
See All Example Sentences for submarket
Cite this Entry
“Submarket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/submarket. Accessed 3 Nov. 2025.
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