Definition of «dollar industry»

The term "dollar industry" refers to a business or sector that operates on a large scale and generates significant revenue, often in excess of one billion dollars per year. This type of industry is typically characterized by high levels of production, sophisticated marketing strategies, and extensive research and development efforts. The term "dollar" is used to emphasize the magnitude of the industry's financial success and influence within its respective field or sector.

Sentences with «dollar industry»

  • When you see a million dollar e-book industry turn into a billion dollar industry in 3 - 4 years, everyone takes notice. (goodereader.com)
  • The multi-million dollar industry booming out there promises to give you the best products for your baby's skin. (thankyourbaby.com)
  • There's a billion - dollar industry of just fraudulent customer service claims that happen every day. (entrepreneur.com)
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