growth in market
/ˈɡroʊθ ɪn ˈmɑːrkɪt/ · growth.in.mar.ket
noun
- An increase in the size or value of a market, often resulting from changes in consumer demand or economic conditions. The company's growth in market share was a key factor in its success during the past quarter.
- A period of expansion or increase in the size or value of a market. The growth in market for sustainable products has been steady over the past few years.
Did you know? The concept of growth in market is closely tied to the idea of market share, which is a key metric used by businesses to measure their success in a particular market.