Market research company Analysys Mason published a report about the telecomm software and service market in 2019. In 2019, the telecom software and services market was worth 66.9 billion US dollars and was much more competitive than the network infrastructure market. Compared to the network infrastructure market where we have 3 big players, the telecom software and service market has 6 vendors that are inside the range of 4% marketshare difference, meaning any one of them can go on top in a short period of time.
Nokia was ranked again the No. 1 vendor in the telecom software and service market in 2019 with a marketshare of 7% worth around 4.5 billion dollars. The No. 2 and No. 3 also scored around 7% in marketshare, which is the best sign of how competitive this market is.