What is Sunrise industry?
Understand the Problem
The question is asking for a definition or explanation of the term 'Sunrise industry'. It seeks to understand what characteristics define such industries and possibly examples of them.
Answer
Sunrise industries are rapidly growing, new sectors expected to gain significance.
A sunrise industry is a new or relatively new sector that is experiencing fast growth and is expected to become important in the future.
Answer for screen readers
A sunrise industry is a new or relatively new sector that is experiencing fast growth and is expected to become important in the future.
More Information
Sunrise industries often benefit from demand driven by technological advancements or changes in consumer preferences. These industries are seen as crucial for future economic development.
Sources
- Sunrise Industry: Meaning, Overview, FAQ - Investopedia - investopedia.com
- Sunrise industry - Wikipedia - en.wikipedia.org
- SUNRISE INDUSTRY definition | Cambridge English Dictionary - dictionary.cambridge.org
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