India Networking Market Slowed Down with 9.6% YoY Decline in Q2 2020
By MYBRANDBOOK
As per the latest IDCs lattest tracker result says, India’s networking market which includes Ethernet Switch, Routers, and WLAN segments.
You can view the complete press release on idc.com by clicking on link: https://www.idc.com/getdoc.jsp?containerId=prAP46882320
Summary
India’s networking market witnessed a 9.6% year-over-year (YoY) decline in Q2 2020 (April – June 2020). IDC expects Q3 (July-September 2020) to also follow the same trendline due to the lack of business activity in Q2 translating into declined shipments.
Decline in the switch market was mainly due to a reduction in investments for campus infrastructure.
Router market saw a decline of 5.5% YoY; however, the quarter-over-quarter (QoQ) decline was only 1.2%.
While Wi-Fi 6 has started to gain significant traction in India, the overall WLAN market declined by 4.6%. The sudden demand in consumer gateway routers could be attributed to employees working from home and students taking online classes during the lockdown.
Sudharsan Raghunathan, Senior Market Analyst, Enterprise Networking, IDC India says, “Given the impact of the pandemic, vendors are focusing around building cloud-based management and orchestration layers (compatible with multiple cloud platforms) that provide unified management across all the devices under their portfolio through a single pane of the glass thereby enabling easier provisioning and management.”
IDC India Forecast: The Ethernet Switch, Router, and WLAN market are expected to grow in single digits in terms of compound annual growth rate (CAGR) for 2018–2023.
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