Deloro Group "Huawei Ranked No.1 in Global Telecom Equipment Market Last Year"
2021 Global Telecommunications Equipment Market Share Statistics
[Asia Economy Reporter Cha Min-young] Huawei maintained its number one position in the global wireless communication equipment market, including 5G, last year.
According to the global market research firm Dell'Oro Group on the 16th, Huawei recorded the highest global sales share of 28.7% in the global communication equipment market in 2021.
This includes broadband access, microwave and optical transmission, mobile core network (MCN), radio access network (RAN), optical transmission, and service provider (SP) routers and switch equipment.
Following Huawei, Ericsson ranked second with 15%, Nokia with 14.9%, ZTE with 10.5%, Cisco with 5.6%, Samsung with 3.1%, and Ciena with 2.9%. The top seven suppliers including Huawei accounted for 80% of the total market share. However, outside of China, Ericsson and Nokia held about 20%, while Huawei accounted for 18%.
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Dell'Oro Group estimated the total revenue of the global communication equipment market to be around $100 billion, a 20% increase since 2017. It explained that the market grew 2% in the fourth quarter alone last year and showed a 7% growth rate throughout 2021, marking four consecutive years of growth. The wireless access network and broadband access sectors showed double-digit growth rates, and the global communication equipment market's growth rate for 2022 was forecasted to be in the 4% range.
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