Market sector

The term market sector is used in economics and finance to describe a part of the economy. It is usually a broader term than industry, which is a set of businesses that are buying and selling such similar goods and services that they are in direct competition with each other.

Productivity in the market sector of the Australian system of national accounts

See also

• Economic sector
• Global Industry Classification Standard (GICS)
• Industry Classification Benchmark (ICB)
• Market segmentation
• Thomson Reuters Business Classification (TRBC)