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.
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 Moene argues that this wage compression promotes innovation and dynamism by boosting the profitability of growth industries and by lowering profits in lagging industries. Nicholas D. Kristof, Mercury News, 14 July 2026 Online fantasy games with money at stake were to be a huge growth industry in the 2010s. Jack Pitt-Brooke, New York Times, 2 June 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 4 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