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

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However, investment banking is a key growth area for Wells Fargo, especially now that its $1.95 trillion asset cap has been lifted. Morgan Chittum, CNBC, 13 June 2025 And the growth area of Catholicism today is in the poorest regions of the world, in Africa and parts of Asia. Sean Collins, Vox, 9 May 2025 Sneakers are still the most important part of Nike’s business, but apparel is a growth area for the company, representing about 28% of Nike brand revenue in fiscal 2024. Gabrielle Fonrouge, CNBC, 26 June 2025 While the Grier House is included as a historic site within the airport’s growth area, it’s not listed in the document as a site that needs to be demolished. Desiree Mathurin, Charlotte Observer, 16 June 2025 Elon Musk, a top donor and adviser to Trump, has touted humanoid robots as a future growth area for electric-carmaker Tesla. Max Zahn, ABC News, 24 May 2025 Sales, Not Just Systems: Where Tech Talent Lands While much of the conversation about importing talent from tech into finance focuses on engineering, Guarino sees another major growth area: sales. Christer Holloman, Forbes.com, 13 May 2025 In reporting record quarterly net sales in the first quarter on Tuesday, the Swiss footwear brand specifically singled out apparel as a major growth area. Jean E. Palmieri, Footwear News, 13 May 2025 The company sees quantum as the next major growth area for its cloud services. Andrew Evers,kate Rooney, CNBC, 9 May 2025

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“Growth area.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20area. Accessed 21 Jul. 2025.

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