REDWOOD CITY, Calif., Aug. 29, 2019 /PRNewswire/ -- According to a recent report published by Dell'Oro Group, the trusted source for information about the telecommunications and networking industries, the worldwide telecom equipment market grew 6 percent 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 percent and 8 percent, respectively.
The telecom equipment market shifted into a growth phase in 3Q 2018 after three years of decline. As a result, the market's growth for the trailing four-quarter period ending 2Q 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 U.S. Entity List in late May, restricting its purchase of U.S. components without a license, the company seems to have avoided any negative impact on sales of telecom equipment. For the trailing four-quarter period (3Q18 through 2Q19), Huawei held the highest share of the telecom equipment market at 28 percent.
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 4 vendor in each product category.
About the Report
The Dell'Oro Group Advanced Research: Telecom Equipment Market Report is a compilation of the findings of seven research programs conducted by Dell'Oro Group. These research programs are: Broadband Access and Home Networking, Carrier IP Telephony, Microwave Transmission & Mobile Backhaul, Mobile Radio Access Network, Optical Transport, Router & Carrier Ethernet Switch, and Wireless Packet Core. For more information, please contact us by email at [email protected].
About Dell'Oro Group
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
SOURCE Dell'Oro Group
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