The wireless base station market has experienced good growth over the past several years, primarily driven by China's effort to deploy 4G (LTE) . As this effort winds down, activity worldwide has shifted to 5G, which will mean smaller cells to support coverage and quality of service.
We anticipate that wireless base station equipment in terms of radio sectors will increase at a rate of 16 percent per year from 2017 to 2024. During this time, small cell shipments will more than quintuple.