ENG
Report

Tough Year Ahead for Nokia as Ericsson Increases Market Share

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February 24, 2021

Overview:



January 2021 marked the launch of Nokia’s new strategy with a major focus on improving the competitiveness of the all-important Market Access division. In contrast, Ericsson continues to reap the benefits of its business revamp instigated by incoming CEO Borje Ekholm in 2017 with robust financials and a further extension in market share. 



This report provides a back-to-back review of the recent fourth quarter and full-year 2020 results from Ericsson and Nokia and provides a detailed insight into the business units and strategies of the two vendors.



Table of Contents:




  • Snapshot

  • Key Business Assumptions

  • Ericsson

    • Overview of Results

    • Revenues by Business Unit

    • Revenues by Region

    • Key Business Developments



  • Nokia

    • Overview of Results

    • Revenues by Business Unit

    • Revenues by Region

    • Key Business Developments



  • Key Points

    • Market Share

    • Nokia's Mobile Access

    • Non-RAN Businesses

    • Financial Performance

    • R&D Investment

    • Enterprise and Service-Based Revenues

    • Future Risks



  • Viewpoint



Number of Pages: 16

Author: Gareth Owen

Published Date: February 2021


Category

Industry

Emerging technologies

Service

5G and networks

Report Type

Report

Time Period

Other

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Author

Gareth Owen

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Gareth has been a technology analyst for over 20 years and has compiled research reports and market share/forecast studies on a range of topics, including wireless technologies, AI & computing, automotive, smartphone hardware, sensors and semiconductors, digital broadcasting and satellite communications.