growth area

noun

: an area of business that is becoming larger and more successful
Children's books are a growth area in the publishing industry.

Examples of growth area in a Sentence

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The incident has prompted clients to take their bond trading and underwriting business elsewhere, hurting Nomura just as Japan re-emerges as a key growth area. Orianna Rosa Royle, Fortune Asia, 1 Nov. 2024 If private education was added to the health-care group, as some economists do, that category would have been the biggest growth area of the month. Jesse Pound, CNBC, 4 Oct. 2024 However, his biggest growth area as an NHL centerman will be in the defensive zone. Curtis Pashelka, The Mercury News, 24 Sep. 2024 Podcasts are another major growth area, with 504.9 million people expected to listen worldwide by the end of 2024. Javier Hasse, Forbes, 17 Sep. 2024 For Google, the global cloud market has become a key growth area, Bloomberg noted, as potential growth opportunities in search advertising slow. Ashley Belanger, Ars Technica, 16 July 2024 After all, Skydance Games will add a key entertainment growth area to the Paramount story, while the merged firm’s scale in animation and sports will be boosted. Georg Szalai, The Hollywood Reporter, 12 July 2024 Energy, Service and Sales Outside of AI, Narayan and Kallo pointed to Tesla’s rapidly expanding energy-storage business as a key long-term growth area. Bloomberg, The Mercury News, 16 July 2024 Novo Nordisk has a short window In its capital markets day in March, Novo Nordisk highlighted the markets of mainland China, Hong Kong and Taiwan as a growth area for the company. Prarthana Prakash, Fortune Asia, 26 June 2024

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“Growth area.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20area. Accessed 22 Nov. 2024.

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