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Ahead of its investor day, Ericsson (ERIC -1.2%) forecast the telecom equipment market will show...

Ahead of its investor day, Ericsson (ERIC -1.2%) forecast the telecom equipment market will show a CAGR of just 3%-5% from 2012-2015. In light of all the bad earnings news and capex forecasts to hit the telecom equipment space lately, not too many will argue with Ericsson's assessment. The company does, however, think the telecom services, support solutions, and OSS software markets, where it has been trying to grow its positions, will post healthier (though not spectacular) CAGRs.
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