growth area

noun

: 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

Podcasts are another major growth area, with 504.9 million people expected to listen worldwide by the end of 2024. —Javier Hasse, Forbes, 17 Sep. 2024

For Google, the global cloud market has become a key growth area, Bloomberg noted, as potential growth opportunities in search advertising slow. —Ashley Belanger, Ars Technica, 16 July 2024

After all, Skydance Games will add a key entertainment growth area to the Paramount story, while the merged firm’s scale in animation and sports will be boosted. —Georg Szalai, The Hollywood Reporter, 12 July 2024

Energy, Service and Sales Outside of AI, Narayan and Kallo pointed to Tesla’s rapidly expanding energy-storage business as a key long-term growth area. —Bloomberg, The Mercury News, 16 July 2024

Novo Nordisk has a short window In its capital markets day in March, Novo Nordisk highlighted the markets of mainland China, Hong Kong and Taiwan as a growth area for the company. —Prarthana Prakash, Fortune Asia, 26 June 2024

Latin America is a great growth area for us, as is India. —Melanie Goodfellow, Deadline, 13 June 2024

Another growth area relates to reconstruction and rebuilding in areas formerly under Russian occupation. —Nataliya Gumenyuk, Foreign Affairs, 19 Apr. 2024

Another growth area is to have more entertainment moments outside with their stage that opens up indoors and outdoors. —Brittney Oliver, Essence, 28 May 2024