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Dictionary by pitch.dog
Markets, industries & categories · Core

Industry

Also called: sector

ELI5

Companies doing broadly similar kinds of business.

Used in conversation

“The industry definition is wider than the target market.”

Definition

A group of organisations producing related products or services, often defined by classification or economic activity.

Here “Industry” means: A group of organisations producing related products or services, often defined by classification or economic activity.

Pitch context

You will see “Industry” in strategy decks, market analyses, business plans and planning workshops when the discussion reaches markets, industries & categories.

Why it matters: It helps a reader interpret markets, industries & categories without confusing the measure, decision, role or evidence being discussed.

Connected terms

  • MarketA market is organised around buyers, needs and exchange; an industry groups producers or activities supplying related outputs.
  • SectorThe search label “sector” can route to both entries.
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Sources & evidence · 5

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.