Mature products refer to OTEK meters that have reached a stage of stability and market saturation in their lifecycle. These products have been in the market for a significant period and have undergone extensive development, refinement, and widespread adoption. At this stage, the initial growth phase has passed, and the product has established a strong presence within its target market. Overall, mature products represent the stability and consolidation phase of a product's lifecycle, characterized by a strong brand presence, market saturation, and a focus on optimizing operations and profitability.
Mature products refer to OTEK meters that have reached a stage of stability and market saturation in their lifecycle. These products have been in the market for a significant period and have undergone extensive development, refinement, and widespread adoption. At this stage, the initial growth phase has passed, and the product has established a strong presence within its target market. Overall, mature products represent the stability and consolidation phase of a product's lifecycle, characterized by a strong brand presence, market saturation, and a focus on optimizing operations and profitability.
[+]