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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In the face of disruption, companies may need to rework their strategies and invest in emerging technologies to remain competitive or may have to enter higher-growth industries. Harvard Business Review, 11 Aug. 2026 But covert foreign influence—secretive troll farms, hack-and-leaks, or viral deepfakes—remains a growth industry. David D. Kirkpatrick, New Yorker, 3 Aug. 2026 Focusing on growth industries like AI and Big Data offers a safer long-term career path than high pay in declining sectors. Sarah Hernholm, Forbes.com, 22 July 2026 Restrict development too much, and California risks slowing a key growth industry (and a large chunk of tax revenue). James Ward, USA Today, 17 July 2026 See All Example Sentences for growth industry

Word History

First Known Use

1954, in the meaning defined above

Time Traveler
The first known use of growth industry was in 1954

Browse Nearby Words

Cite this Entry

“Growth industry.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20industry. Accessed 27 Aug. 2026.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster