Huawei is continuing to lead the $100 billion telecom equipment market worldwide in 2021, according to a report released by Dell’Oro Group.
Huawei, Ericsson, Nokia, ZTE, Cisco, Samsung and Ciena are the top vendors in the telecom network market — based on their revenue share.
The telecom statistics chart indicates that Huawei, Nokia, Cisco, and Ciena were under pressure in 2021.
The global telecom equipment market increased 2 percent in the fourth quarter and advanced 7 percent in 2021, recording a fourth consecutive year of growth, powered by surging wireless revenues and healthy demand for wireline-related equipment.
There was double-digit growth both in RAN and Broadband Access. Total worldwide telecom equipment revenues approached $100 billion, up more than 20 percent since 2017.
Efforts by the US government to curb the use of Huawei’s telecom network equipment are impacting the company’s position outside of China. Huawei led the global telecom network market, underscoring its grip on the Chinese market, depth of its telecom portfolio, and resiliency with existing footprints.
Outside of China, Ericsson and Nokia essentially tied at 20 percent and Huawei accounted for around 18 percent of the market.
The global telecom equipment growth is expected to moderate from 7 percent in 2021 to 4 percent in 2022 reflecting new supply chain and Capex data.