The best replacement for segmentation is targeting.

The best alternatives to segmentation are rated as following:
★★★★★  targeting
★★★★★  paging
★★★★  peristalsis
★★★  fragmentation
★★★  positioning
★★  stereotyping
★★  target market
★★  post hoc segmentation
★  clustering
★  differentiation
★  metamerism
★  target marketing
★  mass marketing
  personalization
  personas
  cleavage
  product positioning
  edge detection
  product differentiation
  segregation
  demographic segmentation

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Speaking about segmentation, one probably shouldn't forget about paging.

Other search terms related to segmentation and their ratings are:
★★★★★ paging
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Google Trends

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segmentation
targeting
paging