The decline in Indian networking market was majorly due to slowdown in business activity post mid of March due to Covid-19, IDC said
Indian router market in first quarter of 2020 stood at $69.2 million with a steep YoY decline of 48.4%
Indias networking market which includes ethernet switch, routers, and WLAN (wireless local area network) segments witnessed a 26.7% year-over-year (YoY) decline in the first quarter of this year, a new IDC report said on Thursday.
The decline was majorly due to a slowdown in business activity post mid of March due to Covid-19, said IDC.
Reduction in investment of on-campus infrastructure was the main driver for the slowdown during the quarter.
"While the pandemic will have an immediate negative impact in terms of infrastructure buying, COVID-19 will act as a catalyst in enabling the next wave of digital transformation among enterprises," Sudharsan Raghunathan, Senior Market Analyst, Enterprise Networking, IDC India, said in a statement.
"Enterprise networking will slowly move away from point solutions to combining multiple aspects of networking and security under fabric to support the shifting work patterns."
The Indian router market in first quarter of 2020 stood at $69.2 million (by vendor revenue) with a steep YoY decline of 48.4% due to the effects of Covid-19, telecom adjusted gross revenue (AGR) dues, and huge one-time investments that happened during Q1, according to IDC's Worldwide Quarterly Router Tracker.
Cisco led the router market with a 66.4% market share in the first quarter of 2020 followed by Nokia and Huawei, said the report.
The first quarter 2020 ethernet switch market in India stood at $130.3 million registering a YoY decline of 10.8%, according to IDC's Worldwide Quarterly Ethernet Switch Tracker.