In the global telecom equipment market, as companies from China, Huawei and ZTE have been occupying a place. In 2020, what is the latest situation of the global telecom equipment market? Recently, the foreign research company Dell’Oro Group released the global telecom equipment market report for the third quarter of 2020. The data shows that the revenue of the 5G core network market grew strongly again in the quarter. Huawei and ZTE ranked first and second respectively. Telecom manufacturer.

According to the blue book data of the “China Internet Development Report 2020” released earlier, the number of artificial intelligence patent applications in China surpassed the United States for the first time and became the world’s first. Moreover, China is the world leader in 5G technology, and has obvious advantages in the number of 5G patent applications. Among them, Huawei ranked first in the number of patent applications, and ZTE ranked third. At present, Huawei has won 91 5G commercial contracts around the world, while ZTE has won 55.

At the same time, Dell’Oro Group also stated that, with Huawei and ZTE taking the lead, the 5G core network market revenue has once again achieved strong growth this year. Now that the entire industry is focused on enterprise private networks and multi-access edge computing, coupled with the acceleration of 5G core deployments, the global 5G core network market is expected to remain very strong in the fourth quarter of this year and into next year.
Responsible editor: pj

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