Logarithmic growth refers to a rate of growth that increases in proportion to the logarithm of a value rather than linearly or exponentially. This means that as the input size grows, the growth of the function slows down, leading to a much smaller increase in output values, especially for large inputs. In the context of time complexity analysis, logarithmic growth is significant because it indicates efficient algorithms that can handle large data sets without a corresponding drastic increase in resource usage.
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