Indian Networking Market Witnesses A 14.8% Growth During Q1 2019

The networking market in India including routers, WLAN and Ethernet switch segments saw a 14.8% growth in the first quarter of 2019 compared to the same period last year, according to a report from IDC.

Accordingly, Cisco took up 53.4% share in the quarter, remaining its leading position in the Indian ethernet switch market, which is followed by no.2 HPE (Hewlett Packard Enterprise) and no.3 Huawei.

Besides, Cisco also topped the router market in the country with a 59.5% share, followed by no.2 Nokia and no.3 Huawei.

Meanwhile, HPE took up the no.1 spot in the Indian WLAN market in the quarter with a 20.8% market share, followed by no.2 Cisco and no.3 TP-Link.

Sudharsan Raghunathan, IDC India’s Enterprise Networking Senior Market Analyst, said:

As per IDC, the Indian Ethernet switch market in Q1 2019 reached US$146M (Rs. 1,000 crores) by vendor revenue, equivalent to 4.5% year-over-year growth.

The router market in India hit US$133.9M (roughly Rs. 920 crores) by vendor revenue, up 34.1% year-on-year.

The Indian WLAN market gained US$53.37M by vendor revenue, a year-on-year 5.6% growth.

According to IDC India’s Enterprise Solutions Director – Ranganath Sadasiva, the amount of the connected devices in India is skyrocketing and the attention on data management from “Edge to core” is turning to be more significant than ever.

The Indian router, WLAN and Ethernet market will develop in the single digits as for the CAGR (compound annual growth rate) for the period from 2018 to 2023. Besides, the increased introduction of emerging technologies like mobility, IoT, cloud, etc. would boost incremental revenues. IDC also expects the large investment for 5G development in the next few years.