Huawei has retained its leading position in the high-end router market during 3Q 2024, the latest Dell’Oro Group report said.
Despite the market contraction and declining revenues for the fifth consecutive quarter, Huawei managed to increase its market share by two percentage points over the year, maintaining its status as one of the top three global vendors alongside Cisco and Nokia.
Key findings from the report indicate that the high-end router market faced consistent declines across all regions, with North America experiencing the sharpest drop of 24 percent year-over-year due to inventory surpluses. However, Huawei’s ability to navigate these challenges underscores its robust product portfolio and adaptability in the face of global economic headwinds.
The outlook for 2025 suggests recovery, with a projected 4 percent growth in the high-end router market. As the industry moves past the inventory correction phase, improved economic conditions — such as lower interest rates and stabilized inflation — are expected to drive renewed demand.
Huawei’s strengthened market share positions it well to capitalize on this rebound, alongside peers like Nokia, which notably posted a 10 percent revenue growth in the third quarter.
