Skyrocketing refers to a rapid and dramatic increase in something, typically used in the context of prices, costs, or values. This term conveys the notion of something rising sharply and quickly, often to unprecedented levels, suggesting an explosive growth that may impact various sectors, economies, or trends significantly.
Skyrocketing meaning with examples
- In recent months, the cost of living has been skyrocketing, particularly due to inflation and supply chain disruptions. Many families are feeling the strain as basic necessities become less affordable, leading to an increase in budget constraints and financial stress across the population.
- The company's stock prices have been skyrocketing as investors react to their newly released quarterly report, which exceeded expectations. This upsurge reflects not only consumer confidence but also strategic business decisions that have positioned the company favorably in a competitive market.
- Artificial intelligence technologies are experiencing skyrocketing adoption rates, with businesses across various industries implementing these tools to improve efficiency and decision-making processes. As the capabilities of AI expand, the demand for skilled professionals in this field is expected to surge dramatically over the next few years.
- Emissions of greenhouse gases have been skyrocketing in the last decade, prompting urgent calls for global action against climate change. Scientific reports indicate that without immediate interventions, we may face catastrophic environmental impacts, underscoring the importance of transitioning to renewable energy sources.
- The popularity of online streaming services has been skyrocketing, especially during the pandemic when people turned to digital entertainment at home. This shift has led traditional television networks to adapt their strategies and invest in their own streaming platforms to attract and retain viewers.