fragmented industry

基本解释

For some firms, publicly traded shares will provide a currency for consolidating some of China's wildly fragmented industries.
上市的进程将为整合中国某些行业分散经营的状况提供资金来源。

Firms have started to develop Europe-wide ambitions, especially in three fragmented industries—telecoms, banking and energy.
ECONOMIST: European takeovers
Since the mid-1990s the strategic rollup has been a corporate fad: Large acquirers buy smaller players in fragmented industries, reaching for critical mass, McDonald's-like uniformity and that beloved state of bliss called synergy.
FORBES: Which Conglomerators Are the Big Winners?
Since the mid-1990s the strategic roll-up has been a corporate fad: Large acquirers buy smaller players in fragmented industries, reaching for critical mass, McDonald's-like uniformity and that beloved state of bliss called synergy.
FORBES: Which Conglomerators Are The Big Winners?