Year-over-Year Revenue Decline Broad-based across all Regions, except China
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Update time : 2021-03-09 10:33:00
“Government stimulus around the world, which propelled market recovery in 3Q 2020, continued in the fourth quarter of 2020,” said Sameh Boujelbene, Senior Director at Dell’Oro Group. “However, 4Q 2020 did not benefit from pent-up demand from large enterprises as much as the prior quarter did. On a more positive note, we started to see some sign of recovery in the mid-market,” added Boujelbene.
Additional highlights from the 4Q 2020 Ethernet Switch – Campus Report:
Despite the market decline, verticals that performed well during the quarter are government and public sector, lower education, financial sector, and manufacturing.
Industrial Ethernet switches were in high demand exiting the year.
5/5.0 Gbps port shipments were up more than 60 percent in 2020, as the pandemic has accelerated the adoption of higher speeds and new technologies.
Major vendors with revenue share gain for the quarter as well as for the year are H3C, HPE, and Huawei.