fast-growing sector

USAGE SUMMARY

The phrase "fast-growing sector" is correct and usable in written English.
It can be used to describe an industry or market that is expanding rapidly in terms of growth, revenue, or influence. Example: "The technology industry is a fast-growing sector, attracting significant investment and talent."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

33 human-written examples

Companies that lead in a fast-growing sector might be growing at five to six times the speed of the general economy, he said.

The New York Times

However, the FCA regards the fast-growing sector as risky because most start-up businesses fail.

The Guardian - Business

The company is a market leader in a fast-growing sector, Mr. Graham said.

The New York Times

That has allowed Siemens in Europe to gain an expanding share of the small but fast-growing sector.

The New York Times

More important, in the fast-growing sector of low-wage service and retail work, fewer than 20percentt of workers qualify.

The New York Times

This offers a lucrative opportunity for young people who are willing to learn the necessary skills to set themselves apart in this fast-growing sector.

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

25 human-written examples

It also takes time for new, fast-growing sectors to mop up these resources.

The Economist

This complemented the government's aim of promoting more domestic consumption, especially of fast-growing sectors related to mobile telecoms, internet use and entertainment.

The Economist

Government data shows the green economy is one of the few fast-growing sectors and employs almost one million people, more than teaching.

The Guardian

Other fast-growing sectors in the Bronx included health care, which Mr. Carrión called the borough's leading employer, and restaurants and bars.

The New York Times

But a move to raise the allowable rates on commercial loans would be consistent with recent government warnings to banks to limit new lending in fast-growing sectors of the economy like property development and steel manufacturing.

The New York Times

Expert writing Tips

Best practice

When discussing a "fast-growing sector", provide specific data or metrics to support the claim of rapid growth, such as percentage increase in revenue or market share.

Common error

Avoid simply stating that a sector is "fast-growing" without providing any supporting evidence or data. This can weaken your argument and make your claims less credible.

Linguistic Context

The phrase "fast-growing sector" functions as a noun phrase, where "fast-growing" acts as a compound adjective modifying the noun "sector". Ludwig AI confirms its usability, denoting a specific area experiencing rapid development.

Expression frequency: Common

Frequent in

News & Media

56%

Science

25%

Formal & Business

8%

Less common in

Wiki

3%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "fast-growing sector" is a common and grammatically sound way to describe an area experiencing rapid expansion. As Ludwig AI confirms, this phrase is widely used across various contexts, particularly in news, science, and formal business settings. While alternatives like "rapidly expanding industry" or "booming market segment" exist, "fast-growing sector" provides a concise and readily understood description. When using this phrase, it's crucial to provide supporting data to substantiate the claim of rapid growth and enhance credibility.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Rapidly expanding industry

Focuses on the speed of expansion, similar to the original phrase, but uses "industry" instead of "sector".

Booming market segment

Emphasizes the market aspect and uses "booming" to indicate rapid growth.

High-growth area

Uses a more general term "area" to represent the sector and highlights the "high-growth".

Quickly developing field

Focuses on the developmental aspect, using "field" as a substitute for "sector".

Emerging market opportunity

Highlights the opportunity aspect of an emerging and fast-growing sector.

Surge in business activity

Focuses on the increase in business activity within the sector.

Exponential growth industry

Uses "exponential growth" to describe the rapid increase in the industry.

Thriving economic segment

Emphasizes the economic aspect and uses "thriving" to indicate success and growth.

Accelerated industry expansion

Highlights the accelerated pace of expansion within the industry.

Proliferating market space

Focuses on the increasing number of participants and activities within the market.

FAQs

How can I use "fast-growing sector" in a sentence?

You can use "fast-growing sector" to describe an area of the economy that is expanding rapidly. For example, "Renewable energy is a "fast-growing sector" due to increased environmental awareness".

What are some alternatives to "fast-growing sector"?

Alternatives include "rapidly expanding industry", "booming market segment", or "high-growth area", depending on the specific context.

Is it correct to say "a sector that is fast-growing"?

Yes, "a sector that is fast-growing" is grammatically correct and conveys the same meaning as "fast-growing sector". The latter is simply a more concise phrasing.

What distinguishes a "fast-growing sector" from a "mature sector"?

A "fast-growing sector" experiences significant expansion in revenue, market share, and innovation, whereas a "mature sector" exhibits slower growth and is often characterized by established players and technologies.