IT Networking Market In Q2 Grows 10.5 pc Over Last Year: IDC
Indian IT networking market grew at 10.5 percent during the Q2 of 2016 as compared to last year, an IDC (International Data Corporation) report stated. In the enterprise space, majority of the growth was driven by professional services, banking and discrete manufacturing units in Q2 2016. High-end routers saw a huge uptake from service providers segment where in SOHO routers was the clear winner in Year on year growth in Q2 2016 amongst enterprise deployments.
According to IDC’s Asia Pacific (excluding Japan) Quarterly Switch and Router tracker, the Ethernet Switch market witnessed a year-on-year growth of 7.2 percent (in vendor Revenue) and stood at USD 110.4 million. The Router market witnessed a significant year-on-year growth of 31 percent and stood at USD 68.6 million in terms of vendor revenue.
Increased spending from both service provider and enterprise segment drove the switching market in Q2 2016. Demand for L3 and ADC increased significantly across organization in Q2 2016. Large banking refreshes and spending from Automobile, Education and Professional services organizations were the key reason behind the growth of switching market in this quarter.
Router market witnessed a growth of 31 percent Year on year in Q2 2016 due to investments from service providers segment for 4G rollout expansion.
Cisco continued its dominance with 63 percent market share followed by Huawei and Juniper. Huawei witnessed a significant Year on year growth in market share from 6.6 percent to 9.5 percent in Q2 2016 due to uptake from Telecom players. Brocade, F5 networks and Array Networks showed a strong Year on year growth in Q2 2016.
According to IDC’s Quarterly APeJ Wireless WLAN tracker, the WLAN market in India clocked a Year on year de-growth of 4.8 percent in Q2 2016, and registered USD 46 million (Vendor revenue). This growth was predominantly driven by access points category. Consumer segment witnessed a growth while enterprise and service provider business declined Year on year in Q2 2016.
Personal and Consumer Services, Transportation, Telecommunications and process manufacturing units were the key contributors towards Year on year growth in Q2 2016. Increasing adoption of IoT is expected to drive WLAN market specially in Retail, Healthcare and Manufacturing verticals in the near future.
D-Link continued to lead the market with 29 percent share followed by Cisco and TP-link. D-link and Cisco saw a Year on year de-growth while TP-link, Netgear and Brocade posted a strong double digit Year on year growth in Q2 2016.
According to Gaurav Sharma, Research Manager – Enterprise & IPDS (India), “Networking market is set to grow on the back of digital initiatives, 4G rollouts and campus, consumer and enterprise need to always stay connected. Network is expected to be the next disruptor and the avenue for innovations as organizations look to conquer its space in this highly competitive, analytical and information driven world.”
As per IDC India Forecasts, the LAN market is expected to grow in single digit in terms of compound annual growth rate (CAGR) for 2015–2020. BFSI and Government segments are expected to attract incremental growth in the near future. Huge uptake from third party datacenter players is expected to address the demand for cloud. The WLAN market is expected to grow in single digit in terms of compound annual growth rate (CAGR) for 2015–2020. Wireless upgrades to 802.ac would be the key growth driver among Consumers & Enterprises segments. Increased adoption of BYOD would fuel growth for WLAN in near future, it said.
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