Meaning of “market growth” in the English Dictionary

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"market growth" in Business English

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market growthnoun [ U ]

uk us ECONOMICS

an increase in the number of people who buy a particular product or service, or the number of products, etc. that are sold:

He believes mobile telephony will see strong market growth over the next five years.

(Definition of “market growth” from the Cambridge Business English Dictionary © Cambridge University Press)