Business category: meaning, definitions and examples

This term is used to classify companies based on their activities or products, often for organizational or marketing purposes.

• The new startup falls into the tech business category
• We need to understand which business category our competitors belong to

Sector is typically used to refer to a part of the economy that includes various industries based on some shared characteristics.

• The public sector includes all government services and enterprises
• The technology sector saw unprecedented growth last year

This term is used to refer to a broad category of economic activity where similar types of goods or services are produced or supplied.

• The automotive industry is undergoing significant changes due to new technologies
• He has over 20 years of experience in the real estate industry

Field is used when referring to a specific area of knowledge, expertise, or professional practice.

• She is an expert in the field of artificial intelligence
• Many professionals in the medical field attended the conference

This term is typically used when referring to different sectors or areas within the business world. It's appropriate for professional and formal settings.

• Our company specializes in the healthcare business category
• Mobile app development falls under the technology business category