growth area


: 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 Like a giant Ponzi scheme, each new growth area gave an initial boost to the economy but over the long haul didn’t generate enough revenue to pay for its own streets, sewers, police and fire services. Mark Arax, New York Times, 1 June 2023 Venture capitalists have poured billions of dollars into AI start-ups on spec, while in earnings calls over the past two weeks, tech CEOs have cited AI as a key growth area. Gerrit De Vynck, Washington Post, 5 Aug. 2023 Ricardo Pierre-Louis sees the new opportunity as a growth area for his Roxbury business that has been primarily been focused on providing valet parking services to restaurants. Shirley Leung,, 23 July 2023 Another growth area is animation, as multiple Catalan companies are moving into that sector. John Hopewell, Variety, 16 May 2023 Clarke said that has been the biggest growth area for Silver Ships in recent years. Lawrence Specker |, al, 29 June 2023 This is right in the middle of the new growth area, where the same board members own land and businesses and are seeking to build more. Mark Arax, New York Times, 1 June 2023 This past month, the topics were: your word of the year, your song of the year, and your growth area for the year. Marci Alboher, Fortune Well, 12 Apr. 2023 Total car sales, gas and electric, remained on-par with the past two years, meaning EVs are a standout growth area in the automotive industry. Emily Dreibelbis, PCMAG, 20 Mar. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'growth area.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near growth area

Cite this Entry

“Growth area.” Dictionary, Merriam-Webster, Accessed 4 Oct. 2023.

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