Wireless Carrier Equipment Sees Decline in 2016

Wireless carrier equipment is undergoing significant shifts in a market that once thrived on the rise of LTE technology.As reported by IHS Technology, the global market for wireless carrier equipment has seen an unprecedented decline, particularly in the macrocell infrastructure sector, which plummeted by 18% in Q1 2016.

Carrier Wireless Equipment Market Declines in 2016

The carrier wireless equipment market is facing unprecedented challenges, marking the first decline since LTE technology emerged as a standard in 2012.Recent findings from IHS Technology reveal a significant 18% drop in the global macrocell infrastructure segment during the first quarter of 2016, totaling an overall market value of $10 billion.