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Broadband

Switch, router revenues slump to 7-year low in Q1

Friday 29 May 2020 | 11:01 CET | News
Vendor revenues from Ethernet switch and router markets reached USD 9.1 billion in the first quarter of 2020, down 14 percent on the year-earlier result and the lowest seen since the first quarter of 2013, according to a report from Synergy Research Group. The sequential decline of 23 percent in a market characterised by relative stability and predictability was clearly a result of the Covid-19 pandemic, said the researcher, adding that were it not for the health crisis it would have expected total vendor revenues to have been a billion dollars higher.

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Categories: Fixed
Companies: Arista Networks / Cisco / HPE / Huawei / Nokia
Countries: World
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