Huawei ranks first in the global communication equipment market in 2021

According to Business Korea, Huawei ranks first in the global communication equipment market in 2021, accounting for 28.7% of the market in terms of sales, ranking first. Relevant statistics include broadband access, microwave, and optical transmission, mobile core network (MCN), radio access network (RAN), and SP routers and switches.

Ericsson ranks second in the global communication equipment market in 2021, with a market share of 15%, followed by Nokia with a market share of 14.9%, the gap between the two is very small. ZTE, Cisco, and Samsung Electronics ranked fourth to sixth, with market shares of 10.5%, 5.6%, and 3.1% respectively. If the sales figures in the Chinese market are excluded, those of Ericsson and Nokia were 20 percent each, and Huawei’s 18%.

At present, Huawei’s mobile business has been greatly affected. Its global smartphone shipments in 2021 will drop by 81.6% to only 35 million units, and its market share also drop from 15% to 3%. At this stage, Huawei may focus its efforts on the communications equipment market, which has been growing for four consecutive years. In 2021, the global communication equipment market sales increase by 7%, total sales have increased by about 20% since 2017 to $100 billion, and growth is expected to be around 4% in 2022.