In an exclusive three-part series, Telecom Review presents key insights into the benchmarks of the leading telecom vendors' carrier and enterprise business operations.
In this final part, we delve into the region-wise performance of Cisco, Ericsson and Nokia, based on comprehensive data gathered from Twimbit's analysis titled "Q1 2023 Telecom Equipment Vendor Performance Benchmarks."
Cisco
Cisco witnessed robust double-digit growth across all regions, with the Americas experiencing a 13% increase, EMEA growing by 16% and APAC seeing an 11% rise. The growth in the Americas was driven by a surge in service revenue, while strategic partnerships with telcos in India contributed to the APAC growth, particularly in the rollout of 5G.
Read: Indosat Ooredoo and Cisco Partner to Deliver 5G Connectivity Solutions to Businesses in Indonesia
Read: Cisco Plans Edge Datacenter for Cloud Security in KSA
Ericsson
While facing challenges in the Americas and EMEA regions, Ericsson achieved an exceptional 62.3% revenue increase in APAC. The noteworthy growth of 138% in Southeast Asia, Oceania and India can be attributed to significant market share gains in the 5G sector in India, as well as successful project milestones in the Philippines and Malaysia.
Despite revenue declines in Northeast Asia, North America and Europe, Latin America exhibited a commendable 6% growth due to successful 5G deployments in the region.
Read: Ericsson Accelerates 5G Mid-Band Rollouts
Read: Ericsson Named 5G Network Infrastructure Leader for CSPs for Third Time
Nokia
In Asia Pacific (excluding India and China), Nokia experienced a 9% decline in performance, primarily driven by declines in Mobile Networks and Cloud and Network Services, particularly in Japan. Additionally, Greater China reported a 14% decline, mainly impacted by Mobile Networks. Nevertheless, the growth in India successfully counterbalanced the decline for Nokia in the APAC region, driven by strong demand for Mobile Networks associated with the ramp-up of 5G deployments.
Read: Nokia and Lightstorm to Jointly Upgrade Digital Infrastructure in India
In parallel, the Middle East and Africa showcased growth across all business groups, while Europe achieved double-digit growth in all business verticals. Latin America's growth also remained stable, with slight growth in Network Infrastructure.
Read: Nokia MEA Three Core Focuses: Customers, Networks and ESG
**Huawei and ZTE data have been excluded in this section as Twimbit noted that the companies don’t disclose segment revenue quarterly.