There are 4 stages of the industry life cycle : Initial Growth or Emerging Industries; Rapid Growth Industries; Mature Industries and Declining Industries
Generally the life cycle of the industry will be in 4 stages.
To start a business. Most likely the industry life cycle is four stages Accordance with the duration of the business always including. First,These stages initial growth have sales of slow growth and low profits. Second, Growth stages companies will eventually decline of costs of production. Third,Mature stages revenues and earnings it moves into maturity and competitors to wrest market chare even more. Lastly,Declining stages consumers decreasing their demand for the industry’s product or service.