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Report
Sweden Telecommunication Equipment Market Research Report Forecast to 2030
Market Report I 2023-07-28 I 135 Pages I Market Research Future
Sweden Telecommunication Equipment Market Research Report Forecast to 2030
Market Overview
As per MRFR, the Sweden telecommunication equipment market has been growing steadily over the past few years. It is expected to reach USD 3,199.3 million by 2030, at a CAGR of 8.5% during the forecast period, 2022-2030. Telecommunications equipment comprises hardware used mainly for communication purposes. It includes broadband access and home networking, carrier IP telephony, microwave transmission & mobile backhaul, mobile radio access network (RAN), optical transport, routers & carrier ethernet switches, and wireless packet cores.
The growth of the Sweden Telecommunication Equipment market is expected to be driven by key factors such as increased growth of cellular stations, fiber optics, & wireless access points and need for next generation ready network equipment for 5G networks. However, the factors, such as high cost of new product development, are expected to restrict the Sweden Telecommunication Equipment market growth. On the other hand, network demands for applications in IoT and connected devices will create lucrative opportunities for the Sweden Telecommunication Equipment market.
Market Segmentation
The Sweden telecommunication equipment market has been segmented based on offerings, equipment, and end users. The offerings segment is bifurcated into hardware, software, and services. The services sub-segment is again bifurcated into Professional Services and Managed Services. By offerings segment, hardware accounted for the largest market share with a market value of USD 934.1 million in 2021, which is projected to grow at a CAGR of 7.6% during the forecast period. Based on the service sub-segment, Professional Services accounted for the largest market share with a market value of USD 313.4 million in 2021 and is projected to grow at a CAGR of 10.0%. The equipment segment is bifurcated into Wireless Equipment, Fixed Network Equipment, Core Network, Telco Cloud, and Data Center Infrastructure. The Wireless Equipment sub-segment is again bifurcated into 3G,4G, and 5G. Based on the equipment segment, Fixed Network Equipment accounted for the largest market share with a market value of USD 555.3 million in 2021 and is projected to grow at a CAGR of 7.8%. Based on the Wireless Equipment sub-segment, 4G accounted for the largest market share with a market value of USD 312.4 million in 2021. The end-user segment is bifurcated into Consumer Electronics, BFSI, Retail, Media, Defense, and Others. Based on the end-user segment, Consumer Electronics accounted for the largest market share with a market value of USD 452 million and is projected to grow at a CAGR of 8.1%.
Major Players
The key vendors in the market are Huawei Technologies Co., Ltd., Ciena Corporation, Nokia Corporation, ZTE Corporation, Cisco Systems, Inc., FUJITSU, Telefonaktiebolaget LM Ericsson, Qualcomm Technologies, Inc., SAMSUNG, Juniper Networks, Inc., CommScope, Inc., Extreme Networks, Ribbon Communications Operating Company, Inc., NEC Corporation, and ALE International.
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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 13
2 MARKET INTRODUCTION 16
2.1 DEFINITION 16
2.2 SCOPE OF THE STUDY 16
2.3 RESEARCH OBJECTIVE 16
2.4 MARKET STRUCTURE 17
3 RESEARCH METHODOLOGY 18
4 MARKET DYNAMICS 24
4.1 INTRODUCTION 24
4.2 DRIVERS 25
4.2.1 INCREASED GROWTH OF CELLULAR STATIONS, FIBER OPTICS, AND WIRELESS ACCESS POINTS 25
4.2.2 NEED FOR NEXT GENERATION READY NETWORK EQUIPMENT FOR 5G NETWORKS 26
4.2.3 NEED FOR POWERFUL TELECOMMUNICATIONS SYSTEMS 26
4.3 RESTRAINTS 27
4.3.1 HIGH COST OF NEW PRODUCT DEVELOPMENT 27
4.3.2 STRICT REGULATIONS ACROSS THE WORLD RELATED TO NETWORK RADIATION 28
4.4 OPPORTUNITIES 29
4.4.1 NETWORK DEMANDS FOR APPLICATIONS IN IOT AND CONNECTED DEVICES 29
4.4.2 RISING TELECOM INDUSTRY IN SWEDEN 29
4.4.3 DEVELOPMENT OF SMART INFRASTRUCTURE 30
4.5 CHALLANGES 30
4.5.1 ENSURING QUALITY CONTROL IN LIMITED TIME FRAME 30
4.6 IMPACT OF COVID-19 31
4.6.1 IMPACT OF COVID-19 ON TELECOMMUNICATION EQUIPMENT MARKET 31
4.6.2 IMPACT ON OVERALL TELECOM INDUSTRY 31
4.6.3 IMPACT ON PRICING STRATEGIES 32
4.6.4 IMPACT ON 5G ROLLOUTS 32
5 MARKET FACTOR ANALYSIS 34
5.1 VALUE CHAIN ANALYSIS 34
5.1.1 R&D AND PRODUCT DESIGN 34
5.1.2 SOURCING AND PROCUREMENT 34
5.1.3 ASSEMBLY AND MANUFACTURING 35
5.1.4 PRODUCT DISTRIBUTION, MARKETING, AND SALES 35
5.1.5 AFTER-SALES 35
5.2 PORTER'S FIVE FORCES MODEL 36
5.2.1 THREAT OF NEW ENTRANTS 37
5.2.2 BARGAINING POWER OF SUPPLIERS 37
5.2.3 THREAT OF SUBSTITUTES 37
5.2.4 BARGAINING POWER OF BUYERS 37
5.2.5 INTENSITY OF RIVALRY 37
6 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY OFFERINGS 38
6.1 OVERVIEW 38
6.1.1 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY OFFERINGS, 2015-2030 (USD MILLION) 39
6.2 HARDWARE 39
6.3 SOFTWARE 39
6.4 SERVICES 40
6.4.1.1 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY SERVICES, 2015-2030 (USD MILLION) 40
6.4.2 PROFESSIONAL SERVICES 40
6.4.3 MANAGED SERVICES 41
7 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY EQUIPMENT 42
7.1 OVERVIEW 42
7.1.1 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY EQUIPMENT, 2015-2030 (USD MILLION) 43
7.2 WIRELESS EQUIPMENT 43
7.2.1 3G 44
7.2.2 4G 44
7.2.3 5G 44
7.3 FIXED NETWORK EQUIPMENT 44
7.4 CORE NETWORK 44
7.5 TELCO CLOUD 44
7.6 DATA CENTER INFRASTRUCTURE 45
8 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY END-USER 46
8.1 OVERVIEW 46
8.1.1 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY END-USER, 2015-2030 (USD MILLION) 47
8.2 CONSUMER ELECTRONICS 47
8.3 BFSI 48
8.4 RETAIL 48
8.5 MEDIA 48
8.6 DEFENSE 48
8.7 OTHERS 48
9 COMPETITIVE LANDSCAPE 49
9.1 INTRODUCTION 49
9.2 COMPETITIVE BENCHMARKING 51
9.3 VENDOR SHARE ANALYSIS 52
9.4 SWEDEN WIRELESS TELECOMMUNICATIONS EQUIPMENT, BY SUPPLIER REVENUE, 2016-2022 (USD MILLION) 52
9.4.1 BY 3G WIRELESS EQUIPMENT 53
9.4.2 BY 4G WIRELESS EQUIPMENT 53
9.4.3 BY 5G WIRELESS EQUIPMENT 54
9.5 RECENT DEVELOPMENTS 55
9.5.1 PRODUCT DEVELOPMENT 55
9.5.2 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 58
10 COMPANY PROFILE 62
10.1 HUAWEI TECHNOLOGIES CO. LTD 62
10.1.1 COMPANY OVERVIEW 62
10.1.2 FINANCIAL OVERVIEW 63
10.1.3 PRODUCTS/SERVICES OFFERED 64
10.1.4 KEY DEVELOPMENTS 66
10.1.5 SWOT ANALYSIS 67
10.1.6 KEY STRATEGIES 67
10.2 CIENA CORPORATION 68
10.2.1 COMPANY OVERVIEW 68
10.2.2 FINANCIAL OVERVIEW 69
10.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 70
10.2.4 KEY DEVELOPMENTS 71
10.2.5 SWOT ANALYSIS 71
10.2.6 KEY STRATEGIES 72
10.3 NOKIA CORPORATION 73
10.3.1 COMPANY OVERVIEW 73
10.3.2 FINANCIAL OVERVIEW 74
10.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 74
10.3.4 KEY DEVELOPMENTS 76
10.3.5 SWOT ANALYSIS 77
10.3.6 KEY STRATEGIES 78
10.4 ZTE CORPORATION 79
10.4.1 COMPANY OVERVIEW 79
10.4.2 FINANCIAL OVERVIEW 80
10.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 80
10.4.4 KEY DEVELOPMENTS 81
10.4.5 SWOT ANALYSIS 82
10.4.6 KEY STRATEGIES 82
10.5 CISCO SYSTEMS, INC. 83
10.5.1 COMPANY OVERVIEW 83
10.5.2 FINANCIAL OVERVIEW 83
10.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 84
10.5.4 KEY DEVELOPMENTS 85
10.5.5 SWOT ANALYSIS 86
10.5.6 KEY STRATEGIES 86
10.6 FUJITSU LTD 87
10.6.1 COMPANY OVERVIEW 87
10.6.2 FINANCIAL OVERVIEW 88
10.6.3 SOLUTIONS OFFERED 88
10.6.4 KEY DEVELOPMENTS 90
10.6.5 SWOT ANALYSIS 91
10.6.6 KEY STRATEGIES 91
10.7 TELEFONAKTIEBOLAGET LM ERICSSON 92
10.7.1 COMPANY OVERVIEW 92
10.7.2 FINANCIAL OVERVIEW 92
10.7.3 PRODUCTS OFFERED 93
10.7.4 KEY DEVELOPMENTS 94
10.7.5 SWOT ANALYSIS 95
10.7.6 KEY STRATEGIES 95
10.8 QUALCOMM TECHNOLOGIES, INC. 96
10.8.1 COMPANY OVERVIEW 96
10.8.2 FINANCIAL OVERVIEW 97
10.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 97
10.8.4 KEY DEVELOPMENTS 100
10.8.5 SWOT ANALYSIS 101
10.8.6 KEY STRATEGIES 101
10.9 SAMSUNG ELECTRONICS CO. LTD 102
10.9.1 COMPANY OVERVIEW 102
10.9.2 FINANCIAL OVERVIEW 103
10.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 104
10.9.4 KEY DEVELOPMENTS 104
10.9.5 SWOT ANALYSIS 105
10.9.6 KEY STRATEGIES 105
10.10 JUNIPER NETWORKS, INC. 106
10.10.1 COMPANY OVERVIEW 106
10.10.2 FINANCIAL OVERVIEW 107
10.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 108
10.10.4 KEY DEVELOPMENTS 110
10.10.5 SWOT ANALYSIS 110
10.10.6 KEY STRATEGIES 110
10.11 COMMSCOPE, INC. 112
10.11.1 COMPANY OVERVIEW 112
10.11.2 FINANCIAL OVERVIEW 113
10.11.3 PRODUCTS OFFERED 113
10.11.4 KEY DEVELOPMENTS 117
10.11.5 SWOT ANALYSIS 117
10.11.6 KEY STRATEGIES 118
10.12 EXTREME NETWORKS 119
10.12.1 COMPANY OVERVIEW 119
10.12.2 FINANCIAL OVERVIEW 120
10.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 121
10.12.4 KEY DEVELOPMENTS 122
10.12.5 SWOT ANALYSIS 122
10.12.6 KEY STRATEGIES 123
10.13 RIBBON COMMUNICATIONS OPERATING COMPANY, INC. 124
10.13.1 COMPANY OVERVIEW 124
10.13.2 FINANCIAL OVERVIEW 125
10.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 126
10.13.4 KEY DEVELOPMENTS 127
10.13.5 SWOT ANALYSIS 127
10.13.6 KEY STRATEGIES 127
10.14 NEC CORPORATION 128
10.14.1 COMPANY OVERVIEW 128
10.14.2 FINANCIAL OVERVIEW 129
10.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 129
10.14.4 KEY DEVELOPMENTS 130
10.14.5 SWOT ANALYSIS 131
10.14.6 KEY STRATEGIES 131
10.15 ALE INTERNATIONAL 132
10.15.1 COMPANY OVERVIEW 132
10.15.2 FINANCIAL OVERVIEW 132
10.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 132
10.15.4 KEY DEVELOPMENTS 133
10.15.5 SWOT ANALYSIS 134
10.15.6 KEY STRATEGIES 134
LIST OF TABLES
TABLE 1 MARKET SYNOPSIS 15
TABLE 2 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY OFFERINGS, 2015-2030 (USD MILLION) 39
TABLE 3 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY SERVICES, 2015-2030 (USD MILLION) 40
TABLE 4 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY EQUIPMENT, 2015-2030 (USD MILLION) 43
TABLE 5 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY WIRELESS EQUIPMENT, 2015-2030 (USD MILLION) 43
TABLE 6 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY END-USER, 2015-2030 (USD MILLION) 47
TABLE 7 SWEDEN WIRELESS TELECOMMUNICATIONS EQUIPMENT, BY SUPPLIER REVENUE, 2015-2022 (USD MILLION) 52
TABLE 8 SWEDEN WIRELESS TELECOMMUNICATIONS EQUIPMENT, BY SUPPLIER REVENUE, 2015-2022 (USD MILLION) 53
TABLE 9 SWEDEN WIRELESS TELECOMMUNICATIONS EQUIPMENT, BY SUPPLIER REVENUE, 2015-2022 (USD MILLION) 53
TABLE 10 SWEDEN WIRELESS TELECOMMUNICATIONS EQUIPMENT, BY SUPPLIER REVENUE, 2015-2022 (USD MILLION) 54
TABLE 11 PRODUCT DEVELOPMENT 55
TABLE 12 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 58
TABLE 13 HUAWEI TECHNOLOGIES CO. LTD: PRODUCTS/SERVICES OFFERED 64
TABLE 14 HUAWEI TECHNOLOGIES CO. LTD: KEY DEVELOPMENTS 66
TABLE 15 CIENA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 70
TABLE 16 CIENA CORPORATION: KEY DEVELOPMENTS 71
TABLE 17 NOKIA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 74
TABLE 18 NOKIA CORPORATION: KEY DEVELOPMENTS 76
TABLE 19 ZTE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 80
TABLE 20 ZTE CORPORATION: KEY DEVELOPMENTS 81
TABLE 21 CISCO SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 84
TABLE 22 CISCO SYSTEMS, INC.: KEY DEVELOPMENTS 85
TABLE 23 FUJITSU LTD: SOLUTIONS OFFERED 88
TABLE 24 FUJITSU LTD: KEY DEVELOPMENTS 90
TABLE 25 TELEFONAKTIEBOLAGET LM ERICSSON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 93
TABLE 26 TELEFONAKTIEBOLAGET LM ERICSSON: KEY DEVELOPMENTS 94
TABLE 27 QUALCOMM TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 97
TABLE 28 QUALCOMM TECHNOLOGIES, INC.: KEY DEVELOPMENTS 100
TABLE 29 SAMSUNG ELECTRONICS CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 104
TABLE 30 SAMSUNG ELECTRONICS CO., LTD: KEY DEVELOPMENTS 104
TABLE 31 JUNIPER NETWORKS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 108
TABLE 32 JUNIPER NETWORKS INC.: KEY DEVELOPMENTS 110
TABLE 33 COMMSCOPE, INC.: PRODUCTS OFFERED 113
TABLE 34 COMMSCOPE, INC.: KEY DEVELOPMENTS 117
TABLE 35 EXTREME NETWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 121
TABLE 36 EXTREME NETWORKS: KEY DEVELOPMENTS 122
TABLE 37 RIBBON COMMUNICATIONS OPERATING COMPANY, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 126
TABLE 38 RIBBON COMMUNICATIONS OPERATING COMPANY, INC.: KEY DEVELOPMENTS 127
TABLE 39 NEC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 129
TABLE 40 NEC CORPORATION: KEY DEVELOPMENTS 130
TABLE 41 ALE INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 132
TABLE 42 ALE INTERNATIONAL: KEY DEVELOPMENTS 133
LIST OF FIGURES
FIGURE 1 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET: MARKET STRUCTURE 17
FIGURE 2 BOTTOM-UP AND TOP-DOWN APPROACHES 22
FIGURE 3 MARKET DYNAMIC ANALYSIS OF THE SWEDEN TELECOMMUNICATION EQUIPMENT MARKET 24
FIGURE 4 DRIVER IMPACT ANALYSIS 27
FIGURE 5 RESTRAINTS IMPACT ANALYSIS 28
FIGURE 6 VALUE CHAIN: GLOBAL TELECOMMUNICATION EQUIPMENT MARKET 34
FIGURE 7 PORTER'S FIVE FORCES ANALYSIS OF THE TELECOMMUNICATION EQUIPMENT MARKET 36
FIGURE 8 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY OFFERINGS, 2021 (% SHARE) 38
FIGURE 9 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY OFFERINGS, 2021 VS 2030 (USD MILLION) 38
FIGURE 10 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY EQUIPMENT, 2021 (% SHARE) 42
FIGURE 11 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY EQUIPMENT, 2021 VS 2030 (USD MILLION) 42
FIGURE 12 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY END-USER, 2021 (% SHARE) 46
FIGURE 13 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET, BY END-USER, 2021 VS 2030 (USD MILLION) 46
FIGURE 14 SWEDEN TELECOMMUNICATION EQUIPMENT MARKET: COMPETITIVE BENCHMARKING 51
FIGURE 15 VENDOR SHARE ANALYSIS (2021, %) 52
FIGURE 16 HUAWEI TECHNOLOGIES CO. LTD: FINANCIAL OVERVIEW SNAPSHOT 63
FIGURE 17 HUAWEI TECHNOLOGIES CO. LTD: SWOT ANALYSIS 67
FIGURE 18 CIENA CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 69
FIGURE 19 CIENA CORPORATION: SWOT ANALYSIS 71
FIGURE 20 NOKIA CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 74
FIGURE 21 NOKIA CORPORATION: SWOT ANALYSIS 77
FIGURE 22 ZTE CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 80
FIGURE 23 ZTE CORPORATION: SWOT ANALYSIS 82
FIGURE 24 CISCO SYSTEMS, INC.: FINANCIAL OVERVIEW SNAPSHOT 83
FIGURE 25 CISCO SYSTEMS, INC.: SWOT ANALYSIS 86
FIGURE 26 FUJITSU LTD: FINANCIAL OVERVIEW SNAPSHOT 88
FIGURE 27 FUJITSU LTD: SWOT ANALYSIS 91
FIGURE 28 TELEFONAKTIEBOLAGET LM ERICSSON: FINANCIAL OVERVIEW SNAPSHOT 92
FIGURE 29 TELEFONAKTIEBOLAGET LM ERICSSON: SWOT ANALYSIS 95
FIGURE 30 QUALCOMM TECHNOLOGIES, INC.: FINANCIAL OVERVIEW SNAPSHOT 97
FIGURE 31 QUALCOMM TECHNOLOGIES, INC.:SWOT ANALYSIS 101
FIGURE 32 SAMSUNG ELECTRONICS CO., LTD: FINANCIAL OVERVIEW SNAPSHOT 103
FIGURE 33 SAMSUNG ELECTRONICS CO., LTD: SWOT ANALYSIS 105
FIGURE 34 JUNIPER NETWORKS INC.: FINANCIAL OVERVIEW SNAPSHOT 107
FIGURE 35 JUNIPER NETWORKS INC.:SWOT ANALYSIS 110
FIGURE 36 COMMSCOPE, INC.: FINANCIAL OVERVIEW SNAPSHOT 113
FIGURE 37 COMMSCOPE, INC.: SWOT ANALYSIS 117
FIGURE 38 EXTREME NETWORKS: FINANCIAL OVERVIEW SNAPSHOT 120
FIGURE 39 EXTREME NETWORKS: SWOT ANALYSIS 122
FIGURE 40 RIBBON COMMUNICATIONS OPERATING COMPANY, INC.: FINANCIAL OVERVIEW SNAPSHOT 125
FIGURE 41 RIBBON COMMUNICATIONS OPERATING COMPANY, INC.: SWOT ANALYSIS 127
FIGURE 42 NEC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 129
FIGURE 43 NEC CORPORATION:SWOT ANALYSIS 131
FIGURE 44 ALE INTERNATIONAL: SWOT ANALYSIS 134
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