Market research firm Dell'Oro Group has just released its report on the overall global telecom equipment market for the third quarter of 2021. The report covers the entire telecom equipment market, including broadband access, microwave and optical transport, mobile core and wireless access networks (RAN), SP routers, and carrier Ethernet switches. According to the report data, the positive development trend of the telecom equipment market in the first half of 2021 continued into the third quarter, driving the overall telecom equipment market to achieve year-on-year growth for six consecutive quarters.
Preliminary estimates indicate that in the third quarter of 2021, the overall global telecom equipment market increased by 6% year-on-year and 9% year-to-date. The quarter's growth was driven by robust demand for wireless and wired devices.
While most suppliers were able to cope well with the supply chain situation in the first half of the year, supply chain disruptions had a greater impact in the third quarter, but this was clearly not enough to disrupt the positive momentum of the market over the past six quarters.
The report's analysis shows that the overall global market share of leading suppliers remained relatively stable between 2020 and the first three quarters of 2021, with Top 7 suppliers accounting for about 80% of the total market.
The U.S. government's ongoing efforts to curb Huawei's rise are beginning to reflect market share figures, especially outside of China. At the same time, Huawei continues to dominate the global market, with a share still almost equal to that of Ericsson and Nokia combined.
Overall, Dell'Oro Group believes that ZTE and Samsung are showing an upward trend, while Huawei's performance so far in 2021 is losing some advantages relative to 2020.
Other highlights of this Q3 2021 Global Overall Telecom Equipment Market Report include:
· Strong growth in the RAN and broadband access segments drove positive market sentiment in the third quarter, which was enough to offset the weak trend in the optical transport segment;
The RAN and broadband access segments are also the strongest growing segments this year due to surges in demand for 5G, PON and FWA CPE;
With the resurgence of the pandemic and waning supply chain visibility, the Dell'Oro team of analysts expects short-term growth to slow – now they expect the overall telecom equipment market to grow 2 percent in 2022, down from 8 percent in 2021. in Ace