Chinese telecommunications equipment providers, Huawei and ZTE, have seen gains in their respective global market share in the telecom networking market. This growth is primarily driven by their home country China and its 5G network.
For those unaware, Huawei, Nokia, Ericsson, ZTE, Cisco, Ciena, and Samsung are the top seven telecom equipment providers in the world; and in the third quarter of this year, Huawei arrived first with a 30 percent market share, which is up from 28 percent during the same period from back in 2019. Similarly, ZTE also saw a 2 percent rise from 9 percent in Q3 2019, to 11 percent in the third quarter of this year.
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The primary reason for the growth in market share is apparently due to either company working on providing 5G infrastructure in China. The country is one of the first nations to offer commercial 5G and has been putting in efforts to raise its adoption rates and coverage for the newer and faster bandwidth. However, during this same period,, the other major telecom equipment providers like Nokia, and Samsung saw a fall in market share, as per a TelecomLead report.
Apart from the Chinese firms, most others saw a fall during Q3 2020, with Samsung’s market share falling from 3 percent to 2 percent year on year. Furthermore, Nokia, the second largest network equipment provider also had its share fall from 16 percent in 2019, to 14 percent in 2020. Both Ericsson and Ciena saw no rise and fall during this period with a steady 14 percent and 3 percent respective market share. Although, Cisco also saw a fall from 7 percent to 6 percent in the third quarter.
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