Tech Industry Growth

Definition

Tech industry growth refers to the expansion and development of technology-related businesses within an economy or region. This can include companies focused on software development, electronics manufacturing, telecommunications, and more.

Related terms

Silicon Valley: A region in California known for its concentration of technology companies and startups.

Innovation hub: A geographic area that fosters innovation by providing resources such as research centers, universities, venture capital funding, etc.

Start-up culture: The environment created by entrepreneurial ventures characterized by innovation, risk-taking, rapid growth potential, etc.