See: Market Segment - Situational Analysis.
Part of a market. Take a market defined as "beverages": anything you could buy that you can drink (safely). Market segments might include "soft drinks" and "alcoholic beverages" and "bottled water" and "aged fruit-flavored kombucha."
Think of it in the same way that animals are classified. You can have big groups, like mammals or fish. These count as your markets. Then you have smaller groups, like cats or sharks. They count as your market segments. Then you have your individual species, things like tigers or hammerhead sharks. These count as your individual companies or products.
A market segment is a way to subdivide a market in order to examine it more closely.
Related or Semi-related Video
Finance: What is a Sector Fund?5 Views
Finance allah shmoop What is a sect or fund All
right Well star wars and star trek captains are all
these barking about setting coordinates for sector for stat or
whatever they say That means urgent in the future right
We'll hear space here's sector four and it's Ah well
kind of a slice of space Ok now come back
to earth gently And as it applies to mutual funds
it's kind of the same notion that is A sector
comprises a particular discipline of investing Like think of it
like a slice of the s and p five hundred
Like one sector of the economy is banking Another is
tech Another is telecommunications And then there's oil and transport
And consumer durables in each of these areas has hundreds
of ways in which investors can invest in that particular
sector That is there are index funds that invest in
it Yeah Mutual funds hedge funds private equity funds Even
venture capital funds Each of whom has a particular discipline
or focus on lee in one sector More less so
why would you want to sector fund Well if you
believe that oil was about tohave an explosion in demand
the good kind of explosion Then you'd want to beam
or exposed to it financially at least to its upside
Then say you would technology which you feel has gotten
too expensive in the markets And its best days are
behind it It's A little like putting several of your
eggs into one particular basket because you really like that 00:01:30.519 --> [endTime] basket
Up Next
What is a Country Basket (Index Fund)? Investing internationally can be a challenge, as foreign exchange, different accounting rules, time zones an...