High Demand Led to Double-Digit Growth in North America's Service Provider Router Market in 3Q 2022, According to Dell'Oro Group
Worldwide Market Grew 5 Percent in 3Q 2022
REDWOOD CITY, Calif., Dec. 6, 2022 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, growth in North America and the Caribbean and Latin America (CALA) regions continued accelerating from the previous quarter, leading the worldwide Service Provider (SP) Router and Aggregation Switch market 5 percent year-over-year growth in 3Q 2022.
"North America's continued upward trend in 3Q22 was driven by SPs upgrading networks to gain the advantages of 400 Gbps technologies and expanding their networks to accommodate growing traffic. Demand for network capacity continues to increase, driven by 5G, IoT, pervasive video, and other technology trends," said Ivaylo Peev, Senior Analyst at Dell'Oro Group. "From a worldwide perspective, solid revenue growth in the combined SP Edge Router and Aggregation Switch segment was partially offset by flat performance in the SP Core Router segment. The fast-growing adoption of Edge Router and line cards based on the newest ASICs, which support 400 Gbps connections and offer the highest available bandwidth, was the key reason for the Edge Router segment growth in 3Q 2022," added Peev.
Additional highlights from Dell'Oro Group's 3Q 2022 Service Provider Router and Switch Report:
The Dell'Oro Group Service Provider Router and Switch Quarterly Report offers complete, in-depth coverage of the Service Provider Router and Switch market for future current and historical periods. The report includes qualitative analysis and detailed statistics for manufacturer revenue by region, customer type and use cases, average selling price, and unit and port shipments. To purchase these reports, please contact us by email at [email protected].
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise network, and data center infrastructure markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
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SOURCE Dell'Oro Group
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