Preliminary estimates showed that the global telecom equipment vendor revenue ranking has remained stable between 2019 and the first half of 2020, with Huawei, Nokia, Ericsson, ZTE, Cisco, Ciena and Samsung rounding out the top seven, according to a new report from market research firm Dell'Oro Group.
The report suggested that the overall telecom equipment market will grow 4 percent year-over-year in the first half of 2020. At the same time, revenue share changed slightly as Chinese vendors benefited from the large-scale deployment of 5G in China.
The top five vendors in terms of revenue share in the global telecom equipment market in the first half of 2020 were Huawei (31%), Nokia (14%), Ericsson (14%), ZTE (11%), and Cisco (6%), compared to 28%, 16%, 14%, 9%, and 7% in 2019.
Other highlights from this Q2 2020 report on the overall global telecom equipment market include.
Following a 4% year-on-year decline in the first quarter of 2020, the telecommunications equipment market returned to growth in the second quarter. Growth was particularly strong in mobile infrastructure, while slow but positive growth in optical transport and SP routers and Carrier Ethernet switches more than offset the decline in demand for broadband access and microwave transport.
In the first half of 2020, double-digit percentage growth in mobile infrastructure offset declines in investment in broadband access, microwave and optical transport, as well as SP routers and Carrier Ethernet switches.
The stronger-than-expected quarter was driven by a strong rebound in several technology segments in China, including 5G RAN, 5G core, GPON, SP routers and carrier Ethernet switches, and optical transport.
The stabilization of various supply chain disruptions that impacted market performance in some technology sectors in the first quarter also helps explain the output acceleration that occurred during the quarter.
While Covid-19 is still taking a significant human and economic toll, Dell'Oro's analyst team believes that the more optimistic trends of the second quarter will continue into the second half of the year, driving 5 percent growth in the overall telecom equipment market through 2020.