The-definition.com

Definition

Fragmented industry

A fragmented industry is one that is characterized by a large number of firms of approximately equal size. It is an industry in which there are numerous competitors (providers of the same or similar products or services the industry involves) such that no single firm or small group of firms controls any significant share of the overall industry sales.

Share it:  Cite

More from this Section

  • Communities of practice
    Communities of practice refers groups of people who share a concern, a set of problems, ...
  • Fragmented business
    Skills in focused market segments, typically geographic, the ability to respond quickly ...
  • Turnaround
    A grand strategy of cost reduction and asset reduction by a company to survive and recover ...
  • Empowerment
    Empowerment is the act of allowing an individual or team the right and flexibility to ...
  • Storming stage
    The storming stage is named because of the intergroup conflict that occurs over who will ...