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

Recent Examples on the Web
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The massive, 100,000-square-foot stores are a growth area for the company and include features like rock climbing walls and running tracks. Gabrielle Fonrouge, CNBC, 11 Mar. 2025 Adjusted earnings before interest, taxes, depreciation and amortization rose 13.8% to $2.88 billion, which chairman-CEO Lucian Grainge (pictured above) pointed to on the earnings call as a growth area every year since the company went public in 2021. Jem Aswad, Variety, 6 Mar. 2025 And men’s could represent a growth area too, given that Vince Unfold includes men’s and the category also will be included in the borrowing option. Vicki M. Young, Sourcing Journal, 3 Mar. 2025 One potential growth area is integrating geocoding and routing APIs with other emerging technologies, such as autonomous vehicles and smart city infrastructure. Chris Gallagher, USA TODAY, 12 Feb. 2025 This result underscores the company’s resilience amid challenging market conditions, particularly in China, which has been a significant growth area historically. Quartz Intelligence Newsroom, Quartz, 28 Jan. 2025 China was a major economic growth area for the NBA, but the relationship was fractured five years ago when then-Houston Rockets general manager Daryl Morey tweeted an image supporting protests in Hong Kong. Kurt Badenhausen, Sportico.com, 18 Dec. 2024 Do these numbers make the MENA region Imax’s largest growth area? Nick Vivarelli, Variety, 4 Dec. 2024 With roughly 60% of Apple’s revenue tied to its device ecosystem, this latest lineup of products will not only drive sales but also encourage more spending on services, a key growth area for the company. Kurt Knutsson, Cyberguy Report, Fox News, 10 Sep. 2024

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“Growth area.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20area. Accessed 3 Apr. 2025.

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