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Service Provider Router And Switch Market Falls To A Five-Year Low In 1Q18 According To Dell'Oro GroupREDWOOD CITY, Calif., June 7, 2018 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, the Service Provider Router & Carrier Ethernet Switch market contracted year-over-year to its lowest level in five years in the first quarter of 2018. The quarterly contraction sets the stage for the first annual market decline since 2012 as telecom and cloud service providers reduce spending on IP infrastructure. "Over the past two years, the Asia-Pacific region has been a major growth engine for the router market, but in 1Q18, driven in part by saturation in the China telecom market, router demand experienced a sharp decline," said Shin Umeda, Vice President at Dell'Oro Group. "The weaker China market, combined with price reductions and network architecture evolution in North America, gives us a recipe for a market pull-back in 2018," added Umeda.
About the Report About Dell'Oro Group View original content with multimedia:http://www.prnewswire.com/news-releases/service-provider-router-and-switch-market-falls-to-a-five-year-low-in-1q18-according-to-delloro-group-300661733.html SOURCE Dell'Oro Group |