growth industry

noun

Definition of growth industry

: 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 The Lone Eagle’s continental tour cemented his fame and helped turn American aviation into a growth industry for the next half century. Rinker Buck, WSJ, 10 Oct. 2021 Sleep monitoring is a growth industry for Silicon Valley. Los Angeles Times, 16 July 2021 For better or worse, space tourism is likely to become a growth industry. Jeffrey Kluger, Time, 9 July 2021 An early leader - even Tesla - is not allotted a spot atop a growth industry. John S. Tobey, Forbes, 14 June 2021 Television movies are a big growth industry in America. Susan Dunne, courant.com, 29 June 2021 Air cargo has been a growth industry during the pandemic. Ted Reed, Forbes, 15 June 2021 But the real point is that baby-making has become a growth industry: Investors have taken notice, funneling $646 million into the sector in 2018, according to PitchBook. Ellen Mcgirt, Fortune, 12 May 2021 While esports is widely seen as a growth industry, according to a Kotaku report last year, esports teams rarely if ever break even. Cecilia D'anastasio, Wired, 10 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'growth industry.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of growth industry

1954, in the meaning defined above

Learn More About growth industry

Time Traveler for growth industry

Time Traveler

The first known use of growth industry was in 1954

See more words from the same year

Dictionary Entries Near growth industry

growth hormone

growth industry

growthless

See More Nearby Entries 

Statistics for growth industry

Last Updated

22 Oct 2021

Cite this Entry

“Growth industry.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20industry. Accessed 28 Nov. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Farm Idioms Quiz

  • cow coming home
  • What does 'poke' refer to in the expression 'pig in a poke'?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Love words? Need even more definitions?

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