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Cisco Elevates Campus Switch Market to Record Heights in 4Q 2022, According to Dell'Oro GroupSales Soar in All Regions, Except China REDWOOD CITY, Calif., March 21, 2023 /PRNewswire/ -- According to a recent report by Dell'Oro Group, the trusted source for information about the telecommunications, security, networks, and data center industries, worldwide Campus Switch sales concluded 2022 on a high note. Sales had already reached a record in 3Q 2022, but they broke that record again in 4Q 2022. All regions experienced robust growth during the quarter, except China, which declined significantly by double digits. "Year-over-Year growth in campus switch sales surpassed a staggering 20 percent, for the second quarter, sending sales for the full year to a record-breaking high," said Sameh Boujelbene, Vice President at Dell'Oro Group. "This growth is reflective of ongoing improvement in the supply situation, although a full recovery is still a ways off. Almost all vendors experienced impressive growth, with one exception: H3C. However, Cisco emerged as the clear winner, driving two-thirds of the market growth and securing an impressive gain of more than two points in market share. "All regions, except China, reported double-digit growth during the quarter. Although Covid-related disruptions and unfavorable currency exchange rates may have contributed to this weakness, we believe that one of the reasons for this decline is due to inventory digestion. It should be noted that the Chinese market has been steadily growing for multiple quarters snce 1Q 2020, and 4Q 2022 was the first quarter of decline. We caution that similar digestion periods may occur in other regions. While we are not predicting a general pause in the market in 2023, we anticipate it may occur next year," added Boujelbene. Additional highlights from the 4Q 2022 Ethernet Switch – Campus Report:
About the Report About Dell'Oro Group View original content to download multimedia:https://www.prnewswire.com/news-releases/cisco-elevates-campus-switch-market-to-record-heights-in-4q-2022-according-to-delloro-group-301776936.html SOURCE Dell'Oro Group |