ZTE reported that the company has increased its global market share, from 5.8% in 2009 to 9.2% in 2010 for optical networking (ON) equipment and solutions, according to a recent report by research firm Ovum.
Ovum’s latest report found that ZTE increased its global ranking from fifth to third in 2009. Its position among the top three global ON vendors can be attributed to its diverse product solutions being deployed both in China and in other overseas markets.
In China, ZTE PTN products gained large-scale sales and performed well in terms of 40G deployment. Abroad, ZTE ON products won large-scale commercial WDM (wavelength-division multiplexing) contracts across EMEA, Asia Pacific and South and Central America (SCA), significantly improving ZTE’s market standing in Brazil following a significant sales boost.
ZTE’s sharp share increase of 3.4% in 2010 was the fastest increase in the industry. Further to this, its single quarter share in 4Q10, according to Ovum, was 10.5%, or nearly double, ZTE’s 4Q09 share of 5.4%. Ovum’s report also noted that the global optical networking spend in 4Q10 reached $4.1 billion, seeing quarterly sales surpassing $4 billion for the first time within the past two years.