Cisco, Juniper, HP drive Ethernet switch market in Q4
Monday, February 22, 2010
The Ethernet switch market grew almost 20% sequentially during the fourth quarter, with Cisco, HP and Juniper Networks adding almost $600 million in incremental revenues, according to a recent study by Dell'Oro Group.
Cisco's share actually declined for the full year, however, and at a quicker pace than the 1% drop in 2008, according to separate research from investment firm UBS.
Year-end budget spending and supply constraints from the previous quarter helped propel market growth in the fourth quarter, according to Dell'Oro's Alan Weckel, director of Ethernet switch research. The worldwide market in Q3 was $4 billion and Dell'Oro had forecast it to be $4.2 billion in Q4, an increase of 5%.