• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Global Telecom Equipment Market Grows 2% Only In 1st Half Of 2023: Report

OMMCOM NEWS by OMMCOM NEWS
September 12, 2023
in Business

New Delhi:  The global telecom equipment market held steady in the first half of 2023 (1H23), growing only 2 per cent, a new report has shown.

According to the market research firm Dell’Oro Group, the worldwide telecom equipment revenues, excluding North America, increased by 7 per cent in the first half, supporting the thesis that the telecom equipment market remains robust outside of the US.

Stable performance in EMEA, CALA, and China, combined with robust growth in the Asia Pacific region outside of China.

“These results mostly align with expectations on an aggregate level, although performance by region and technology varied. After five years of expansion, during which the North American region advanced by around 50 per cent, the pendulum swung toward the negative in the first half. The decline in North America was anticipated, but the pace of the contraction was slightly faster than expected,” said Research Analyst Stefan Pongratz.

According to the report, wireline outperformed wireless. The analysis indicated that the collective results for the wireline-focused programmes increased by around 7 per cent in the first six months.

Moreover, vendor dynamics remained mostly stable between 2022 and the first half of 2023, with a few exceptions.

Telecom firm Ciena surpassed Samsung, and the gap between Nokia and Ericsson widened, reflecting, to some extent, the technology mix between wireless and wireline.

Despite ongoing efforts by the US government to limit Huawei’s addressable market and access to cutting-edge silicon, the report said that Huawei continues to lead the global telecom equipment market.

“This is partly because Huawei remains the #1 supplier in five out of the six telecom segments we track, and the vendor continues to dominate the market outside of North America, accounting for 35 per cent to 40 per cent of 1H23 revenues,” Pongratz said.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Harassment Of Farmers By Private Lenders, Banks Won’t Be Tolerated: Siddaramaiah

Next Post

Indian-Origin Man Dies While Hiking In Grand Canyon

Related Posts

Fishermen
Business

Inmarsat Satellite Phone Services Restored For TN’s Fishermen Stranded At Sea: FM Sitharaman

October 20, 2025
Indian stock markets
Business

Festive Cheer Lifts Markets As Sensex, Nifty Extend Winning Streak

October 20, 2025
Trade
Business

India, US Trade Talks Make Headway ‘But No Rush’ For Agreement

October 20, 2025
Ola
Business

Ola CEO Bhavish Aggarwal Booked For Abetment To Suicide After Employee’s Death In Bengaluru

October 20, 2025
Business

Piyush Goyal Expects Economic Pacts With European Nations To Drive Growth & Jobs

October 19, 2025
GSTR
Business

Govt Extends GSTR-3B Filing Deadline To October 25

October 19, 2025
Next Post

Indian-Origin Man Dies While Hiking In Grand Canyon

Provided 36,097 Government Jobs To Youth In First 18 Months: Punjab CM

Declare Himachal Catastrophe As National Disaster: Priyanka To Centre

KHIMJI
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.