Global net sales of Ericsson 2011-2021

In 2021, Ericsson's net sales worldwide amounted to 25.24 billion U.S. dollars, representing a fall of more than two billion U.S. dollars compared to the previous year.

Ericsson overview

Ericsson is a multinational company offering telecommunications services and manufactures and sells telecommunications infrastructure and equipment. The company began as a telegraph repair shop in 1876 founded by Lars Magnus Ericsson before starting to produce its own telephone equipment. Today, the company is headquartered in Stockholm, Sweden, and has grown to become one of the world’s leading network service providers and top-ranking telecom infrastructure companies.

Ericsson’s business segments

Ericsson operates across a variety of segments: ‘Networks’, ‘Digital Services’, ‘Managed Services’, and ‘Emerging Business and Other’. The company’s Networks segment looks to develop, deliver, and manage telecommunication networks by providing a range of hardware, software, and services. Ericsson’s Digital Services segment is a software-led business that seeks to support customers as they move to a cloud-native environment and transition to 5G.