India Networking Market showed a 22.5% YoY Decline in 4Q19: IDC India
India Ethernet Switch Market 4Q19
According to IDC’s Worldwide Quarterly Ethernet Switch Tracker, the 4Q19 Ethernet Switch market in India stood at USD 142.6 million (by vendor revenue) registering marginal YoY decline of 3.7%. The mild decline was attributed to the slow economic conditions in India supplemented by Indian enterprises pushing their spending budgets to the last quarter of the financial year (March 2020). Top spending for switching segment in 4Q19 came from services, telecommunications, finance, and government.
Cisco continued to dominate the Ethernet Switch market with a 49.9% share in 4Q19, followed by Hewlett Packard Enterprise (HPE) and Huawei.
India Router Market 4Q19
According to IDC’s Worldwide Quarterly Router Tracker, the India Router market in 4Q19 stood at USD 75.8 million (by vendor revenue) with a steep YoY decline of 46.5%. The decline of the router segment in 4Q19 was due to strong investments that happened during 3Q18 and a portion of those revenues got pushed to 4Q19. There was a strong decline in both enterprise and service provider segments.
Cisco leads the router market with a 54.3% market share in 4Q19 followed by Nokia and Juniper.
India WLAN Market 4Q19
According to IDC’s Worldwide Quarterly Wireless LAN Tracker, the Indian WLAN market had a YoY decline of 13.1% during 4Q19. The market stood at USD 56.7 million (by Vendor Revenue). With a 27% decline, consumer class deployments were the major cause of this decline. The decline was also attributed to strong one-time spending that happened during 4Q18. The enterprise-class deployments had a marginal growth of 0.6% during 4Q19.
With a market share of 19.2%, Hewlett Packard Enterprise continued to be the market leader for the fourth consecutive quarter in the WLAN segment during 4Q19, followed by Cisco and TP-Link.
The Ethernet Switch, Router, and Wireless LAN market are expected to grow in single digits in terms of compound annual growth rate (CAGR) for 2018–2023. Increased adoption of emerging technologies such as cloud, IoT, mobility, etc. would drive incremental revenues. IDC also expects large investments for 5G rollouts in the next couple of years.
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