London, UK. 13 July 2011. Visiongain's latest management report "Huawei Report 2011: Securing New Markets and Gaining Competitive Advantage in the LTE Domain" examines the Chinese telecommunications technology company Huawei, with particular reference to its involvement in the Long Term Evolution (LTE) boom. This brand new report provides forecasts of growth for the company, market sizing and analysis of Huawei's prospects in those key markets for the period 2011-2016.
Visiongain research has shown that the number of devices and modules that come equipped with LTE has grown to 98 worldwide in Q3 2011. That compares to 63 LTE devices at the beginning of February 2011. The increase confirms that an ecosystem for LTE is rapidly being established and by 2016 visiongain believes that LTE will be the dominant mobile standard globally.
Huawei's telecommunications equipment business is currently worth $22.5 billion in 2011 which visiongain forecast will grow to $41.6 billion in 2016. This represents a sizable share of the existing market, but as emerging markets are set to transform the global marketplace for network equipment, Huawei's standing in this marketplace is also set to change. The report focuses on the recent performance of the Huawei product portfolio across the global telecommunications market and then forecasts sales, revenue and market share through to 2016 based on extensive research.
In addition to the network equipment category, Huawei's fastest growing business in 2011 is professional services, their portfolio covering 75 customer networks over 160,000 sites globally in 2011. Readers of this report will discover the projected worth of this market sector and other key markets in which Huawei operates including the influence Huawei will exert upon these markets.
Operators, vendors and MNOs working in these markets will learn key information from this report concerning Huawei's business movements and prospects, allowing them to strategically position themselves to maximise revenues. Rivals need to formulate strong emergent strategies if they are to remain competitive against Huawei's growing portfolio of products, across the devices, professional services and network equipment sectors.
The LTE market is an extremely high growth category in the ICT industry and revenues over the forecast period will grow rapidly to $68 billion in 2016. Visiongain's analysis of Huawei's growth in this market and insurgence into other related markets, such as mobile devices and tablet PCs provides a clear picture through to 2016.
For further information on this report visit http://www.visiongain.com/Report/645/Huawei-Report-2011-Securing-New-Markets-and-Gaining-Competitive-Advantage-in-the-LTE-Domain
Or contact Sara Peerun for an executive summary of the report.
Email: Sara.peerun@visiongainglobal.com
Tel: +44 (0) 20 7336 6100
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Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100
About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Telecoms, Energy, Pharmaceutical, Defence, Materials sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.