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 years since Google moved in, office rental rates in the submarket have more than doubled, according to data from real estate brokerage Jones Lang LaSalle.
—
Bloomberg,
Mercury News,
22 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
See All Example Sentences for submarket
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Bloomberg,
Mercury News,
22 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
See All Example Sentences for submarket
Cite this Entry
“Submarket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/submarket. Accessed 2 Jul. 2026.
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