
India networking market falls 27% in Q1 2020: IDC
India TV NewsIndias networking market which includes ethernet switch, routers, and WLAN segments witnessed a 26.7 per cent year-over-year decline in the first quarter of this year, a new IDC report said on Thursday. The India router market in first quarter of 2020 stood at $69.2 million with a steep YoY decline of 48.4 per cent due to the effects of Covid-19, telecom adjusted gross revenue dues, and huge one-time investments that happened during Q1, according to IDC's Worldwide Quarterly Router Tracker. Cisco led the router market with a 66.4 per cent market share in the first quarter of 2020 followed by Nokia and Huawei, said the report. The first quarter 2020 ethernet switch market in India stood at $130.3 million registering a YoY decline of 10.8 per cent, according to IDC's Worldwide Quarterly Ethernet Switch Tracker.
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