23 November 2024, Sat |
7:51 AM
Ericsson has been named the market leader in the Frost Radar: 5G Network Infrastructure Market 2021 report for the second year in a row.
This demonstrates the company’s capacity to constantly scale its innovations and growth in the sector from 2G to 3G to 4G and now 5G.
Ericsson confirms its position as the industry leader in terms of both innovation and growth in the 5G network infrastructure market, which includes 5G radio access networks (RAN), transport networks, and core networks, according to business consultancy firm Frost & Sullivan.
Fredrik Jejdling, Executive Vice President and Head of Business Area Networks, Ericsson, says: “The Frost Radar™ report recognizes Ericsson’s investments in technology leadership for customers’ benefit. By focusing on constant innovation and 5G portfolio development, we aim to stay ahead of the curve and provide our customers with the solutions they need for building the future networks.”
The Frost Radar assesses organisations that have a substantial impact on the market in a specific industry. The Innovation and Growth scores are intended to measure a company’s focus on ongoing innovation and capacity to transfer innovations into consistent growth, as highlighted in the Frost RadarTM methodology.
Top industry participants are plotted in the research, with companies positioned as overall market leaders, leaders in a market segment, or thought leaders in certain categories standing out.
Commenting on Ericsson’s top result by the Growth Index, Troy Morley, Industry Principal, Frost & Sullivan’s Information & Communication Technology group, and the author of the report, says: “Ericsson has spent the last few years adjusting its overall strategy to focus on profitability. The company has indicated that its strategy has been successful, even with the challenges brought by the pandemic. As a leader in the 4G infrastructure market, Ericsson enters the 5G market with a large customer base. The company has done an excellent job keeping its current customers and adding new customers.”
In addition to the commercial agreements for 5G that have already been announced, Ericsson has a large pipeline of clients who are likely to migrate to 5G in the future years.
The report emphasises Ericsson’s ability to continually expand its inventions on a worldwide basis across generations of mobile technology – from 2G to 5G – as the company’s top ranking based on the Innovation Index. The 108 live 5G networks in 48 countries powered by Ericsson’s products and solutions, which is the highest level officially revealed by Frost & Sullivan, provide solid proof to the Frost Radar assessment.
“Ericsson invests significant amounts in R&D, which is essential in a market where technology is always evolving,” says Morley.
He added, “Having CSP market as the primary focus, Ericsson’s 5G portfolio includes all areas of 5G network infrastructure, previous generations of network infrastructure, as well as private networks.”
Ericsson’s 5G network infrastructure portfolio includes 5G RAN, dual-mode 5G Core, and 5G Transport, which address all aspects of 5G deployment, including assuring low latency and increased bandwidth for users, as well as network future readiness for CSPs. Ericsson also offers Ericsson Radio System, 5G Carrier Aggregation, Ericsson Spectrum Sharing, network slicing, service automation, and 5G monetization as part of its 5G network offering. When moving to a cloud-native 5G network or expanding their network for new business prospects, CSPs are equipped with 5G solutions that enable a flexible approach.
