Huawei and ZTE Secure Nearly Half of the Global 5G Equipment Market
According to the data provided by Dell'Oro, an independent market research firm, Huawei took the first position in the 5G telecommunication equipment market in the first quarter of 2020, with a share of 35.7%, overrunning Ericsson's 24.6%, followed by Nokia, ZTE and Samsung.
Even under the sanction of the United States, Huawei still grew steadily, even surpassing Samsung in the second quarter of 2019, to rank No.1. Based on the data disclosed by the management of Huawei in February 2020, the contract number for 5G commercialization recorded 91, while the consignment number of 5G Massive MIMO Active Antenna Units (AAU) exceeded 600,000.
Another Chinese Telecom equipment manufacturer – ZTE – expanded rapidly in 2019 and continued performing well this year. The company ate up 9.7% of the 5G telecom equipment market in the third quarter of 2019, even with almost no shares in the first three months last year. In 2020, ZTE surpassed Samsung, taking 13.2% of the pie, ranking fourth globally. At the end of the first quarter, the Chinese Telecom equipment companies, Huawei and ZTE, snapped up nearly half of the entire 5G telecom equipment market.
As for the entire global telecom equipment market, the five largest suppliers took up 76% of market share. Huawei accounted for 29%, Nokia for 16%, Ericsson for 14%, ZTE for 10% and Cisco for 7%. In the first quarter of 2020, these five companies took up 74% in total, with Huawei counting for 28%, Nokia for 15%, Ericsson for 14%, ZTE for 11% and Cisco for 6%.