|[December 18, 2012]
Research and Markets: Global Telecom Equipment Market 2011-2015 Report with Alcatel-Lucent Inc., Ericsson Inc., Huawei Co. Ltd. Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/9743g7/global_telecom)
has announced the addition of the "Global
Telecom Equipment Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Telecom Equipment market to
grow at a CAGR of 4.03 percent over the period 2011-2015. One of the key
factors contributing to this market growth is the increasing deployment
of 3G and long-term evolution (LTE (News - Alert)) networks. The Global Telecom
Equipment market has also been witnessing the increasing popularity of
Chinese equipment vendors. However, the government regulations on the
procurement of telecom network equipment could pose a challenge to the
gowth of this market.
The key vendors dominating this market space are Alcatel-Lucent Inc.,
Ericsson Inc., Huawei Co. Ltd., Nokia Siemens (News - Alert) Networks Pvt. Ltd., and
The other vendors mentioned in the report are Nortel Networks Corp.,
Cisco System Inc., Samsung (News - Alert) Networks Inc., NEC Corp., Bell Labs Inc.,
UTStarcom Holdings Corp., Hewlett-Packard (HP) Co., IBM Corp.
Commenting on the report, an analyst from TechNavio's Telecom team said:
''One of the major trends observed in the Global Telecom Equipment
market is the increasing popularity of Chinese telecom equipment
vendors. Chinese telecom equipment providers have entered the Global
Telecom Equipment market with low-pricing business models. Since then,
both the leading Chinese telecom equipment providers, Huawei (News - Alert) and ZTE,
have significantly enhanced their market share, while other telecom
vendors are witnessing a decrease in their market share. Chinese
companies are witnessing high growth because of their low-priced telecom
According to the report, currently, one of the major drivers is the
increasing deployment of 3G and long-term evolution (LTE) networks.
Currently, more than 700 3G network are being deployed across the globe.
Furthermore, it is expected that more than 340 LTE networks will be
deployed during the forecast period. Moreover, the increasing deployment
of 3G and LTE networks in the APAC region is expected to drive the
growth of the Global Telecom Equipment market.
For more information visit http://www.researchandmarkets.com/research/9743g7/global_telecom
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