growth industry
noun
: a business that has become increasingly popular or profitable
also
: an interest or activity that is increasingly popular or trendy
Examples of growth industry in a Sentence
Recent Examples on the Web
Another growing segment of this growth industry is ransomware, with ransomware payments in the U.S. in the first half of 2024 reaching nearly $460 million.
—
Gil Press, Forbes, 3 Sep. 2024
War is a growth industry not only for arms traders, but also for the aid industry.
—Annie Sparrow, Foreign Affairs, 11 Jan. 2017
Her sister was a therapist who saw teen-agers, a growth industry these days.
—Nell Freudenberger, The New Yorker, 28 July 2024
The report said expected interest rate cuts and emerging growth industries are likely to continue to power UHNW wealth creation this year and next.
—Robert Frank, CNBC, 19 July 2024
See all Example Sentences for growth industry 
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Gil Press, Forbes, 3 Sep. 2024
War is a growth industry not only for arms traders, but also for the aid industry.
—Annie Sparrow, Foreign Affairs, 11 Jan. 2017
Her sister was a therapist who saw teen-agers, a growth industry these days.
—Nell Freudenberger, The New Yorker, 28 July 2024
The report said expected interest rate cuts and emerging growth industries are likely to continue to power UHNW wealth creation this year and next.
—Robert Frank, CNBC, 19 July 2024
See all Example Sentences for growth industry
Dictionary Entries Near growth industry
Cite this Entry
“Growth industry.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20industry. Accessed 8 Nov. 2024.
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