A market is mature when it has reached a state of equilibrium. A market is considered to be in a state of equilibrium when there is an absence of significant growth, or a lack of innovation. When supply matches demand the price decided by the market forces of demand and supply is called equilibrium price. Equilibrium price prevails in the market for a substantial period which may be from one day to one week or several months.
See also
- Mature technology
References
http://www.investorwords.com/3016/mature_market.html
