America's solid Q1 growth was offset by flat EMEA and declining Asia Pacific. #pressrelease
June 14, 2022
REDWOOD CITY, Calif. – According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, the worldwide Service Provider (SP) Router and Switch market trended flat in 1Q 2022. North America, followed by the Caribbean and Latin America (CALA) region, led the worldwide market with double-digit revenue growth.
Additional highlights from Dell'Oro Group's 1Q 2022 Service Provider Router and Switch Report:
Strong growth in the North America and CALA regions offset a flat revenue trend in Europe, Middle East, and Africa (EMEA) and a market decline in the Asia Pacific regions. China's SP Router market grew slightly.
Key US- and Europe-based vendors exited the Russia and Belarus markets, suspending all sales and services in response to the Russian invasion of Ukraine. These measures caused a negative short-term impact on revenue and weakened vendor performance in the EMEA region.
Growth in the SP Core Router segment was offset by soft SP Edge Router segment performance and a decline in the SP Aggregation Switch segment.
Cisco remained the top-ranked vendor by market share, followed by Huawei, Nokia, and Juniper Networks.
Read the full press release here.
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