Telecom Network Infrastructure Market Analysis: 3Q23 Spending Trends and Vendor Rankings - Global Telecom Industry Faces Spending Fluctuations and Vendor Shuffles [Yahoo! Finance]
A10 Networks, Inc. (ATEN)
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Source: Yahoo! Finance
Global Telecom Industry Faces Spending Fluctuations and Vendor Shuffles in Latest Market Study A comprehensive market study tracking 134 telco network infrastructure (Telco NI) vendors has been published, covering a crucial period up to the third quarter of 2023. This report serves as an indispensable resource for stakeholders in the telecom industry, providing a deep dive into spending trends, vendor revenue, and shifts in market share. Key Findings from the Latest Telecom Market Analysis Vendors within the Telco NI space reported combined revenues of $49.2 billion in 3Q23, with a downward trend of 14.2% reported year-over-year (YoY). Excluding a leading vendor, the sector experienced a decline of 13.4% in the most recent quarter, with a 6.4% decrease YoY for an annualized 3Q23 performance. The top three vendors — Huawei, Ericsson, and Nokia — continue to assert market dominance, holding 37.4% of the annualized market as of 3Q23. Other notable vendors such as ZTE and Chi
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