Emerging Industry

An industry producing one or more products without an established market or customer base. Companies in emerging industries often spend a great deal on research and development and nearly always have little to no revenue in their early years. As a result, stocks in emerging industries carry very high risk; however, if a company becomes successful, it can result in large returns. For example, most dot-com companies had little or no revenue in their early years, and, indeed, most went bankrupt. However, a few, such as Google and Amazon, became prominent and profitable for their shareholders. See also: Industry Life Cycle.

单词	emerging industry
释义	Emerging Industry Emerging Industry An industry producing one or more products without an established market or customer base. Companies in emerging industries often spend a great deal on research and development and nearly always have little to no revenue in their early years. As a result, stocks in emerging industries carry very high risk; however, if a company becomes successful, it can result in large returns. For example, most dot-com companies had little or no revenue in their early years, and, indeed, most went bankrupt. However, a few, such as Google and Amazon, became prominent and profitable for their shareholders. See also: Industry Life Cycle.
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