The following video is part of our "Motley Fool Conversations" series, in which senior technology analyst Eric Bleeker discusses topics across the investing world.

In today's edition, Eric looks at one area of technology investing that investors often overlook: telecom equipment. It might shock investors to find out that telecom equipment is a larger global market than software, and is even larger than computer hardware! However, global uncertainty has led to companies in the industry seeing their share prices plummet. While spending could be kept back for quarters to come, Eric says that there's a couple of key themes investors can play. One of those is the transition to all IP networks that's being facilitated by LTE. At some point, telecom companies will have to equip themselves to handle this transition, and the truly innovative companies that offer compelling solutions in telecom will make a recovery.

Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of Infinera. Motley Fool newsletter services recommend Acme Packet and Infinera . Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.