Huawei has kept its place as the number one shipping equipment vendor on the back of high domestic operator demand, despite losing ground due to sanctions.
The company has been banned from US networks since 2019 but is the leader of global telecoms gear with a 28% revenue share of the US$100 billion market (up 7% YoY), according to Dell’Oro Group. The Chinese market accounts for almost a quarter of that market.
In second place was Nokia followed by Ericsson, both of which took around 16% share in the whole of 2021.
“Huawei continued to lead the global market, underscoring its grip on the Chinese market, depth of its telecoms portfolio and resiliency with existing footprints,” said Dell’Oro VP Stefan Pongratz, reported South Morning China Post.
However, efforts by the US government to rally allies to cease buying Huawei gear has had some negative effects on the company, said Pongratz.
Huawei alongside ZTE supplies China’s incumbent operators China Mobile, China Unicom and China Telecom. Collectively the operators expect to have two million 5G base stations installed this year.