mature industry Meaning in the Cambridge English Dictionary
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Meaning of “mature industry” in the English Dictionary

"mature industry" in Business English

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mature industrynoun [C]

uk   us  
ECONOMICS an ​industry that is not new and is not likely to ​grow quickly in the future: In a ​matureindustry like ​personalcomputers, ​costreduction is going to be ​increasingly important.
(Definition of mature industry from the Cambridge Business English Dictionary © Cambridge University Press)
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