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

In Maryland’s 2025 Annual Comprehensive Financial Report (ACFR), Lierman said the 2026 budget would invest $128 million in high-growth industries such as quantum computing, biotechnology and cybersecurity. — Sheila Weinberg, Baltimore Sun, 6 Sep. 2026

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

Word History

First Known Use

1954, in the meaning defined above

Rhymes for growth industry

• interindustry