The latest IDC report has indicated the market share of top enterprise switch suppliers during the first quarter of 2023.
The Ethernet switch market grew revenues 31.5 percent in the first quarter of 2023 (1Q23) to $10 billion.
The revenue of enterprise and service provider (SP) router market rose 14.1 percent to $4.1 billion in the first quarter.
The Ethernet switch market showed strength across both the datacenter and non-datacenter segments of the market.
Revenues in the non-datacenter/enterprise campus and branch segment grew 38.7 percent, while port shipments rose 14.1 percent. Revenues in the datacenter portion of the Ethernet switch market rose 23.2 percent in 1Q23, while port shipments increased 19.7 percent.
Revenues for 200/400 GbE switches rose 141.3 percent annually in 1Q23 and were up 14.3 percent sequentially from 4Q22 to 1Q23. 100GbE revenues increased 18.2 percent year over year in 1Q23. 25/50 GbE revenues increased 21.1 percent in 1Q23.
Lower-speed switches, which are typically deployed in enterprise campus and branch locations, showed strength too. Revenues for 1GbE switches rose 43.7 percent in 1Q23. 10GbE switches rose 9.7 percent in the quarter. 2.5/5GbE switch revenue – also known as multi-gigabit Ethernet switches – rose 128.0 percent in 1Q23.
Ethernet switch market growth
Asia Pacific +31.8 percent
China –5 percent
United States +40.3 percent
Canada +39.1 percent
Latin America +65.3 percent
Western Europe +36.1 percent
Central and Eastern Europe +16.4 percent
Middle East & Africa +40.4 percent
Router Market Highlights
The service provider segment, which includes both communications SPs and cloud SPs, accounted for 77.7 percent of the market’s total revenues. The service provider segment of the market increased 13.1 percent in 1Q23.
Revenues in the enterprise segment account for the remaining share of the market and rose 17.6 percent compared to the first quarter of 2022.
Cisco’s Ethernet switch revenues increased 33.7 percent in 1Q23, giving the company a market share of 46 percent. Cisco’s combined service provider and enterprise router revenue grew 18.2 percent in the quarter, giving the company a market share of 37.9 percent in 1Q23.
Arista Networks saw Ethernet switch revenues increase 61.6 percent in 1Q23, giving the company 11.4 percent market share.
Huawei’s Ethernet switch revenue increased 5.5 percent in 1Q23, giving the company a market share of 6.0 percent. The company’s combined SP and enterprise router revenue rose 2.7 percent, giving the company a market share of 23.6 percent in the quarter.
HPE’s Ethernet switch revenue increased 54.9 percent in 1Q23, resulting in a market share of 7.0 percent.
H3C’s Ethernet switch revenue declined 15 percent 1Q23, giving the company a market share of 3.6 percent. In the combined service provider and enterprise routing market, H3C’s revenues decreased 10.3 percent in 1Q23, resulting in a market share of 1.6 percent.