1. An economy in the process of rapid growth and industrialization, typically characterized by lower income levels and emerging financial markets compared to developed nations
Brazil is considered a developing market with significant growth potential.
O Brasil é considerado um mercado em desenvolvimento com grande potencial de crescimento.
2. A marketplace or sector that is still in early stages of expansion and maturation
The tech sector in Southeast Asia represents a major developing market.
O setor de tecnologia no Sudeste Asiático representa um grande mercado em desenvolvimento.