LTE equipment market $17.5bn in 2016
- Thursday, May 31st, 2012
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The LTE equipment market will grow to $17.5bn in 2016, according to a report from market research firm Infonetics.
In Q1, 2012, however, the global 2G, 3G, and 4G equipment market decreased 14 per cent, to just under $10bn, following an 8 per cent increase the previous quarter. 
“The overall mobile infrastructure market took a beating in the first quarter of 2012,” says Stéphane Téral, principal analyst for mobile infrastructure and carrier economics at Infonetics. “We saw weak 2G and 3G activity across the board, exacerbated by China Mobiles dramatic GSM pause on the heels of extraordinary shipment levels in the previous quarter. LTE and WIMAX equipment revenue also declined sequentially. Nonetheless, LTE spending is up 128 per cent from the year-ago first quarter, and the number of mobile operators committing to LTE continues to increase rapidly.”
