REDWOOD CITY, Calif. – February 7, 2019 – A new report published by Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, cumulative revenue for Network Equipment Services to service providers is projected to range between $200 and $250 billion over the next five years, reflecting strong growth opportunities for both product attached and non-product attached services. Huawei held the highest market share in 2018.
“While we envision that the coupling between equipment and services will remain strong for product attached services, we are increasingly optimistic about the role non-product attached services will play to help operators navigate the network of tomorrow,” said Stefan Pongratz, Director of Network Equipment Services Research at Dell’Oro Group. “We believe that network complexity will dramatically increase in the future as service providers strive to incorporate SDN/NFV and deliver new products related to IoT and 5G. As a result, we believe the software component of networks and the amount of Services will be larger in the future,” continued Pongratz.
Additional highlights from the Dell’Oro Group Network Equipment Services Report:
- The top four vendors comprise more than 80 percent of the market.
- Huawei had the highest market share since 2016, over 30 percent in 2018.
- Huawei’s services share improved more than 70 percent between 2013 and 2017.
- Professional services such as consulting are projected to grow at the fastest pace over the forecast period, however Network Rollout will remain the largest segment.
Dell’Oro Group’s Network Equipment Services Report includes annual vendor market share information and five-year market forecast for the following segments: Consulting Services, Managed Services, and Network Roll-out Services. For more information about the report, please contact email@example.com.
Dell’Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell’Oro Group at +1.650.622.9400 or visit www.delloro.com.
# # #