Maturity At the time of maturity, the market is already uniform in relation to the technology or competition in questio

[zihadhasan012]

The competition is already stabilized and the population has already consumed that product at the time of "fever"

At this point in the curve, the technology is already stagnant and losing its appeal, the companies that had to adapt to that demand have already done their part, and everything is fixed at that moment (probably at that moment, somewhere in the world someone is studying another way to perfect the products, and the cycle will start again).

Decline
When technology reaches maturity, loses its competitive performance appeal and public enthusiasm, and decline begins.

Generally, at this stage we can perceive a considerable change in the line of evolution previously reversed by consumers.

Many companies give up on that market and go in bosnia and herzegovina phone data search of new technologies and skills to launch another trend, thus starting a new cycle.

What is the product or service life cycle?
It is also necessary to consider that products and services also have a specific life cycle , based on the growth or decline of the consumer market for that type of merchandise.

All products developed by the market appear to solve a problem or take advantage of opportunities that were going unnoticed in the market.

The same logic of the market life cycle applies here: a new demand arises, companies strive to generate the best products and services to ensure that the public will buy that product.

There is a real noise in the market, where people are desperately looking for that product in question, everyone is buying. The market stagnates and the product begins to go off-line due to the emergence of a new technology.