Telecom Network Equipment Market Update 2023
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The overall telecom equipment market has slowed down in 2023 after few years of consistent growth. Global 2023 telecom equipment revenues have a -5% decline from 2022. As in the past, the total market is highly concentrated among the top few players, in 2023, the top 4 vendors accounted for almost 70% of the global market in 2023.
