For the first time since LTE technology hit the mainstream in 2012, the worldwide market for carrier wireless equipment has declined, according to a report released today by IHS Technology.
The decline, moreover, is a sharp one, the report said – the global market for macrocell infrastructure dropped by 18% in the first quarter of 2016, down to $10 billion overall. The mobile infrastructure sector in general was down 8% in the same time frame, and LTE equipment specifically dropped by 23% on a quarterly basis.
