China Network Equipment Market Size & Outlook, 2023-2030

The network equipment market in China is expected to reach a projected revenue of US$ 37,964.7 million by 2030. A compound annual growth rate of 3.9% is expected of China network equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$28,961.0
Forecast, 2030 (US$M)
$37,964.7
CAGR, 2024 - 2030
3.9%
Report Coverage
China

China network equipment market highlights

  • The China network equipment market generated a revenue of USD 28,961.0 million in 2023 and is expected to reach USD 37,964.7 million by 2030.
  • The China market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Hardware is the most lucrative component segment registering the fastest growth during the forecast period.

Network equipment market data book summary

Market revenue in 2023USD 28,961.0 million
Market revenue in 2030USD 37,964.7 million
Growth rate3.9% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentHardware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideTelefonaktiebolaget L M Ericsson ADR, Nokia Oyj, Samsung Electronics Co Ltd, ZTE Corp Class H, Juniper Networks Inc, Huawei Technologies, Cisco Systems Inc, Hewlett Packard Enterprise Co, Broadcom Inc, Alcatel-Lucent Enterprise

Other key industry trends

  • In terms of revenue, China accounted for 19.7% of the global network equipment market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China network equipment market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 13,533.7 million by 2030.

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Network Equipment Market Scope

Network equipment market segmentation & scope
RAN
CRAN
ORAN
VRAN
Core Network
Fixed Access
Others
Infrastructure Software
OSS/BSS
Others
Advisory/Consulting
Design / Optimization
Tools & automation
Security
Testing
Installation
Integration
Network Performance and Management
App / Data Management
RAN Operation Support
Core Operation Support
Security
Training
2G/3G
4G LTE
5G
Public Network
Private Network
Telecom Operators
Public Safety
Healthcare
Retail and e-Commerce
Banking, Financial Services, & Insurance
Government & Defense
Manufacturing
Others

Network Equipment Market Companies

Name Profile # Employees HQ Website

China network equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to network equipment market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 60.23% in 2023. Horizon Databook has segmented the China network equipment market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • China Network Equipment Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
      • RAN
        • CRAN
        • ORAN
        • VRAN
      • Core Network
      • Fixed Access
      • Others
    • Software
      • Infrastructure Software
      • OSS/BSS
      • Others
    • Services
      • Professional Services
        • Advisory/Consulting
        • Design / Optimization
        • Tools & automation
        • Security
      • Deployment Services
        • Testing
        • Installation
        • Integration
      • Managed Services
        • Network Performance and Management
        • App / Data Management
        • RAN Operation Support
        • Core Operation Support
        • Security
        • Training
  • China Network Equipment Connectivity Outlook (Revenue, USD Million, 2018-2030)
    • 2G/3G
    • 4G LTE
    • 5G
  • China Network Equipment Network Type Outlook (Revenue, USD Million, 2018-2030)
    • Public Network
    • Private Network
  • China Network Equipment End Users Outlook (Revenue, USD Million, 2018-2030)
    • Telecom Operators
    • Enterprises
      • Public Safety
      • Healthcare
      • Retail and e-Commerce
      • Banking, Financial Services, & Insurance
      • Government & Defense
      • Manufacturing
      • Others

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Target buyers of China network equipment market databook

  • Our clientele includes a mix of network equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the China network equipment market , including forecasts for subscribers. This country databook contains high-level insights into China network equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China network equipment market size, by component, 2018-2030 (US$M)

China Network Equipment Market Outlook Share, 2023 & 2030 (US$M)

China network equipment market size, by component, 2018-2030 (US$M)

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