Definition, Meaning & Synonyms
new-entrant
Noun
ˈnjuː ˈɛntrənt
Definition
A person or organization that enters a market or industry for the first time.
Examples
- The new-entrant in the smartphone market has quickly gained popularity due to its innovative features.
- As a new-entrant in the fashion industry, the startup has attracted attention with its sustainable practices.
Meaning
A new-entrant is typically a newcomer in a specific field who presents new products, services, or innovations, often bringing fresh competition to established players.
Synonyms
- Newcomer
- Fresh participant
- Market entrant
