Report: Global telco equipment market up 6%
August 29, 2019
According to a report published by Dell’Oro Group, the worldwide telecom equipment market grew 6 per cent year-over-year (Y/Y) in the past twelve months. The majority of growth was driven by Mobile RAN and Optical Transport sales. Equipment manufacturer revenue in these two technology areas grew 10 per cent and 8 per cent, respectively.
The telecom equipment market shifted into a growth phase in Q3 2018 after three years of decline. As a result, the market’s growth for the trailing four-quarter period ending Q2 2019 was up significantly from a bottom reached in 2017. Most of the leading vendors gained revenue during this period with the highest percentage increases obtained by Samsung, ZTE, and Ciena.
Although Huawei was placed on the US Entity List in late May, restricting its purchase of US components without a licence, the company seems to have avoided any negative impact on sales of telecom equipment. For the trailing four-quarter period (Q3 2018 through Q21209), Huawei held the highest share of the telecom equipment market at 28 per cent.
Nokia captured the second-highest share in the period due to its strong position in each of the seven technology segments included in the Telecom Equipment Market report. Nokia was a top four vendor in each product category.