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growth industry

 

Definitions from WordNet

Noun growth industry has 1 sense
  1. growth industry - an industry that is growing rapidly
    --1 is a kind of
    industry

Definitions from the Web

Growth Industry

A growth industry refers to a sector of the economy that is experiencing significant expansion and development.

Definitions

  1. Noun: A sector or field in the economy that is rapidly growing and flourishing.
  2. Noun: An industry that exhibits substantial potential for increasing profitability and employment opportunities.

Example Sentences

  • The renewable energy sector is considered a growth industry due to the increasing demand for clean energy.
  • Investing in technology startups can be quite lucrative as it is a growth industry.
  • The e-commerce industry has emerged as a major growth industry in recent years.
  • The healthcare sector is expected to be a growth industry for the foreseeable future.
  • Many individuals are pursuing careers in cybersecurity, which is a rapidly expanding growth industry.

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