What does "service industry" mean?

An industry that does not produce any goods, but only provides a service, such as banking or insurance.

Service industry

Common synonyms include: service delivery field, service economy, service management, service sector.

noun

noun ·Rare ·Advanced level

Noun

1
An industry that does not produce any goods, but only provides a service, such as banking or insurance.
2
an industry that provides services rather than tangible objects wordnet