Ericsson has been rated as the leader in the recent Frost Radar 5G Network Infrastructure Market report for the second consecutive year, showcasing its ability to scale its innovations and growth in the field, consistently from 2G to 5G.
By ranking the highest in the Frost Radar™ report, the telecom company confirms its status as the leader in terms of innovation and growth in the 5G network infrastructure sector, which, according to Frost & Sullivan consulting firm, ranges from 5G radio access networks (RAN), transport networks, and core networks.
According to Fredrik Jejdling, the Executive Vice President and Head of Business Area Networks at Ericsson, the Frost Radar™ report acknowledges the company’s investments in technology leadership for customers’ benefit.
“By focusing on innovation and 5G portfolio development, we aim to stay ahead of the curve and provide our customers with the best possible solutions to build future networks,” Jejdling added.
Frost Radar™ independently evaluates companies with a significant influence in the market of a particular industry. The report ranks top industry participants that stand out among companies positioned as overall market leaders or thought leaders in specific segments.
Commenting on Ericsson’s success, Troy Morley, Industry Principal, Frost & Sullivan’s Information & Communication Technology group, said, “Ericsson has spent the last few years developing its strategy to focus on profitability. The company has stated that its strategy has been successful, even with the challenges brought by the pandemic.”
“As a leader in the 4G infrastructure sector, Ericsson enters the 5G market with a large customer base. The entity has done exceptionally well keeping its current customers and adding new customers,” Morley added.