Huawei Technologies Co remained the global telecommunications equipment market top vendor on the back of strong demand from mainland China’s mobile network operators, according to a new report.
Shenzhen-based Huawei, which has been on the US trade blacklist since May 2019, still retained its lead in the global telecoms gear market with a revenue share of about 28 per cent, according to a report by research firm Dell’Oro Group.
The Chinese firm was followed by Finland’s Nokia and Sweden’s Ericsson, each of which had around 16 per cent revenue market share in the same period. The telecoms gear market is worth around USD 100 billion.
“Huawei continued to lead the global market, underscoring its grip on the Chinese market, depth of its telecoms portfolio and resiliency with existing footprints”, said analyst Stefan Pongratz, who is responsible for mobile radio access network (RAN) market and telecoms capital expenditure research programmes at Dell’Oro.
Pongratz, however, indicated that ongoing efforts by the US government to curb the deployment of Huawei’s telecoms network equipment outside China has had a negative impact on the company.
Last year, Ericsson and Nokia each had a 20 per cent revenue share of the telecoms equipment market outside China, according to the Dell’Oro report. By comparison, Huawei accounted for an 18 per cent share.
Huawei and ZTE Corp are the main suppliers of 5G equipment, including base stations that are known as RAN, to three of the world’s largest wireless network operators, China Mobile, China Unicom and China Telecom.
These three operators collectively lead the development of the world’s biggest 5G mobile network in China, which expects to have 2 million installed 5G base stations this year.
Huawei said at the end of December that it expects a 28.9 per cent decline in total revenue for 2021 to 634 billion yuan (USD 99.68 billion), following two years of US trade restrictions that have wreaked havoc on its once-lucrative smartphone business.
