Ericsson still leads in mobile packet data core gear

The market for mobile packet data core network equipment will reach $1.8 billion this year and will grow to a cumulative $10 billion market over the next five years, according to ABI Research. "In North America the hugely popular success of LTE is rapidly supplanting 2G and 3G traffic and eliminating capacity expansion needs for those technologies. Other parts of the world exhibit similar conditions, with packet core network equipment most in demand," said ABI. Nonetheless, the firm calculated that the overall mobile core network equipment market actually declined 12 percent during the first quarter of 2013. Though Huawei gained a few points of market share relative to the rest of the industry during 2013's first three months, Ericsson (NASDAQ:ERIC) remained the leader in overall core network market share, said ABI. For more, see this press release.