Germany ICT Industry Overview
The Germany ICT Market is highly competitive, owing to the presence of many small and large players. The market is moderately concentrated, with major players such as ZTE Corporation, Ciena Corporation, Cisco Systems Inc., CommScope, Inc., and Fortinet Inc. They are adopting strategies like product innovation, service innovation, mergers, and acquisitions to stay ahead of the competition and increase their reach. The current advancement in the market:
- February 2022 - CommScope announced that Vodafone Germany would deploy its Touchstone TG6442 DOCSIS 3.1 cable gateways to deliver Wi-Fi 6 performance to millions of subscribers.
- January 2022 - Ericsson and Deutsche Telekom have collaborated to launch a new 5G Standalone (5G SA) private campus network service for on-site corporate communications infrastructure. The new campus network service is built on a local 5G infrastructure dedicated to the customer's digital applications. The 5G SA technology operates without LTE anchors (as in 5G NSA). It provides all of the technological benefits of 5G, including rapid data transfer speeds, maximum network capacity, and highly robust connectivity with minimum latency.
Germany ICT Market Leaders
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ZTE Corporation
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Ciena Corporation
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Cisco Systems Inc.
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CommScope, Inc.
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Fortinet Inc.
- *Disclaimer: Major Players sorted in no particular order