It refers to a category or division of economic activity that groups companies or entities that carry out similar or related activities.
Example: Within the technology sector, we could talk about sectoral developments, such as advances in artificial intelligence or specific trends in that field. The word sector is used to describe aspects, events or characteristics that are directly linked to a particular sector of the economy or society.
Example: The technology sector includes companies that manufacture electronic devices, develop software, and offer information technology services.