Saturday, May 28, 2022
  • HOME
  • CONSUMER PERSPECTIVE
  • PERSONAL FINANCE
  • MARKETS & COMPANIES
    • APPOINTMENTS
    • COMMODITIES
    • COMPANIES
  • BUSINESS & ECONOMY
    • AGRICULTURAL ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • STARTUPS
  • CULTURAL CURRENTS
  • EMPIRE
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result
  • HOME
  • CONSUMER PERSPECTIVE
  • PERSONAL FINANCE
  • MARKETS & COMPANIES
    • APPOINTMENTS
    • COMMODITIES
    • COMPANIES
  • BUSINESS & ECONOMY
    • AGRICULTURAL ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • STARTUPS
  • CULTURAL CURRENTS
  • EMPIRE
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result

Huawei sustains lead in global communications market by 31%

Ehime Alex by Ehime Alex
March 15, 2021
in PAID CONTENTS
0
Huawei, Sunline launch contactless digital loan solution
2
SHARES
61
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

Huawei has maintained its leadership in the global wireless infrastructure market, increasing its market share by three per cent to 31 per cent.

Analysts at the Dell’Oro for telecommunications infrastructure disclosed this in a report cited by Financial Street on Sunday.

READ ALSO

Nigerian bank partners Aussie hub to fund education loan

Time for a New Beginning

According to the analysts, the global wireless infrastructure market grew seven per cent in 2020, its fastest annual growth for a decade.

Read Also:

  • Banking fraud amid increasing biometrics adoption
    Banking fraud amid increasing biometrics adoption
  • Dissecting Nigerians' savings culture amid socio-economic headwinds
    Dissecting Nigerians' savings culture amid socio-economic…
  • Chioke: For the love of alma mater
    Chioke: For the love of alma mater

The group said Huawei grew despite the decisions by the United States, and governments of other countries, mostly in Europe, to force their local carriers to exclude the Chinese group.

Areas monitored included mobile core and radio access networks, broadband access; microwave and optical transport; SP router and carrier Ethernet switching, the researchers further stated.

Commenting on Huawei’s achievement, the Vice President and Lead Analyst at Dell’Oro, Stefan Pongratz, was quoted as saying that the rankings remained stable between 2019 and 2020, with Huawei leading the big seven.

These included Nokia, Ericsson, ZTE, Cisco, Ciena and Samsung, which accounted for between 80 per cent to 85 per cent of the whole market, Pongratz stated.

He hinted that the total telecom equipment revenue was put at between $90bn to $95bn with a roughly equal split between the wireless segments and fixed access.

Pongratz said revenue shares had continued to be impacted by the state of the 5G rollouts in highly concentrated markets.

“While both Ericsson and Nokia improved their RAN positions outside China, initial estimates suggest Huawei’s global telecom equipment market share, including China, improved by two to three percentage points for the full year 2020,” he added.

Huawei’s 31 per cent share more than doubled that of its rivals, Ericsson and Nokia combined, said the analysts who were optimistic about this year for telecoms gear, projecting the total global market will grow by between three per cent to five per cent.

The researchers also estimated that Huawei and ZTE collectively gained around three to four percentage points of revenue share between 2019 and 2020.

Huawei’s revenue share of the market, excluding China, however, fell by two per last year, from at some 20 per cent, the analysts.

The Chinese group also lost its briefly-held top position in smartphone sales last year, partly as a consequence of US sanctions on key components.

“Between concerns on starting new optical builds during the start of the pandemic and aggressive plans on 5G deployments that required a larger share of a service provider’s capital budget, the spending on optical transport dramatically slowed by the end of 2020,” said Jimmy Yu, Vice President at Dell’Oro Group.

“It was a really dramatic drop in optical equipment purchases in the fourth quarter. While we anticipated a slowdown near the end of the year due to concerns around COVID-19, we were surprised by a 29 per cent year-over-year decline in WDM purchases in North America as well as a 12 percent decline in China,” the analysts added.

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn

Tags: Global communicationsHuaweiMarket

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Ehime Alex

Ehime Alex

Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

Related Posts

Nigerian bank partners Aussie hub to fund education loan
Front Page

Nigerian bank partners Aussie hub to fund education loan

May 16, 2022
What Soludo’s emergence as governor-elect means to South East
Front Page

Time for a New Beginning

May 11, 2022
Ezekwesili appointed to IBFD board of trustees
Front Page

#FixPolitics urges democratic accountability in Nigeria’s financial system

May 11, 2022
#FixPolitics hails Lagos panel’s report on Lekki shooting
Front Page

FixPolitics demands resignation, sack of CBN gov

May 10, 2022
What Soludo’s emergence as governor-elect means to South East
Front Page

Why I rebuilt Obioma central school, by Chioke

May 7, 2022
Newly-built Obioma school set for academic activities
Front Page

Newly-built Obioma school set for academic activities

May 4, 2022
Next Post
83 countries received $165bn loan from IMF

Afreximbank, OCP Group sign $350m loan deal 


Naira4Dollar Rates
ADVERTISEMENT

RECENT STORIES

Banking fraud amid increasing biometrics adoption

Banking fraud amid increasing biometrics adoption

May 25, 2022
Dissecting Nigerians' savings culture amid socio-economic headwinds

Dissecting Nigerians’ savings culture amid socio-economic headwinds

May 25, 2022
Collaboration and organisational growth

Collaboration and organisational growth

May 24, 2022
Bears retain grip on Nigerian stocks

NGX reverses five-week gain as index dips by 0.22%

May 23, 2022
Newly-built Obioma school set for academic activities

Chioke: For the love of alma mater

May 22, 2022
Now that land borders are open…

Now that land borders are open…

May 20, 2022
Grant, loan and bootstrapping for SMEs

Grant, loan and bootstrapping for SMEs

May 18, 2022

TRENDING

  • Newly-built Obioma school set for academic activities

    Chioke: For the love of alma mater

    2 shares
    Share 0 Tweet 0
  • Banking fraud amid increasing biometrics adoption

    2 shares
    Share 0 Tweet 0
  • Dissecting Nigerians’ savings culture amid socio-economic headwinds

    0 shares
    Share 0 Tweet 0
  • NGX reverses five-week gain as index dips by 0.22%

    2 shares
    Share 0 Tweet 0
  • AI, tech and accounting profession

    0 shares
    Share 0 Tweet 0
Financial Street

© Financial Street 2021. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • HOME
  • CONSUMER PERSPECTIVE
  • PERSONAL FINANCE
  • MARKETS & COMPANIES
    • APPOINTMENTS
    • COMMODITIES
    • COMPANIES
  • BUSINESS & ECONOMY
    • AGRICULTURAL ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • STARTUPS
  • CULTURAL CURRENTS
  • EMPIRE
  • CORPORATE RENDEZVOUS
Posting....