Based on Dell’Oro Group’s ‘Total Telecom Equipment Market 2020’ report, Huawei’s global telecom equipment market share, improved by 3% for the full year 2020, secures its position ahead of other telcos such as Nokia, Ericsson, ZTE, Cisco, Ciena, and Samsung.
Huawei achieved a 31% revenue share in the telecom equipment market. This market particularly includes Broadband Access, Microwave & Optical Transport, Mobile Core & Radio Access Network, and SP Router & Carrier Ethernet Switch (CES). Overall, the Dell’Oro Group report estimates that this market advanced 7% year-over-year (Y/Y) for the full year 2020, the fastest pace recorded since 2011.
Nokia and Ericsson each earned half of Huawei’s revenue share, sitting at 15%. ZTE has 10% while Cisco, Ciena, and Samsung have contributed under 10% per company. Despite this, the revenue rankings seem to remain stable between 2019 and 2020. Huawei, Nokia, Ericsson, ZTE, Cisco, Ciena, and Samsung are still ranked as the top seven suppliers. As a result, these major industry players account for up to 85% of the total market.
To be specific, with investments in China outpacing the other regional markets, Huawei and ZTE collectively comprise more than 40% of the global telecom equipment market. Moreover, the wireless industry was the strongest growth driver, with spend on RAN and mobile core networks surging further than before.
For 2021, the Dell’Oro analyst team is optimistic that the overall telecom equipment market would advance between 3% to 5%.