Growth Industry

Growth Industry,

Growth Industry Meanings:

  • A developing industry is an economic sector with an average growth rate compared to other sectors. Emerging industries are often new or trending industries that did not exist in the past. Its growth is a result of the demand for new products or services offered by companies in this sector. An example of a booming industry is the tech sector, whose products are very popular with consumers and have resulted in multi-million dollar stock market estimates by tech companies.

    • A developing industry is a sector of the economy that is growing at an average rate due to changes in new technologies or social priorities or government regulations.
    • Although these stocks can be volatile and risky, companies in emerging industries are often accompanied by rising sentiment and earnings.
    • Analysts use CAGR to evaluate emerging sectors.

Literal Meanings of Growth Industry

Growth:

Meanings of Growth:
  1. The process of increasing body size.

  2. Anything that grew or developed.

  3. A vineyard or a special quality class or related grape crop.

Sentences of Growth
  1. Top plant growth

  2. One day with the growth of the chin on the chin

  3. All legally designated champagne wines are classified

Synonyms of Growth

magnification, ballooning, broadening, thickening, swelling, extension, widening, growing, heightening

Industry:

Meanings of Industry:
  1. Economic activities related to the manufacture of raw materials and equipment in factories.

Sentences of Industry
  1. American industrial competition

  2. The kitchen has become an industry hub

Synonyms of Industry

assiduity, production, rigorousness, fabrication, tirelessness, sedulousness, conscientiousness, persistence, industriousness, determination, diligence, dedication, rigour, manufacturing, hard work, pertinacity, sedulity, steadiness, application, construction, perseverance