target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: Market Share - Doc Document number: # US52282722
Worldwide Service Provider Router Market Shares, 2023: Cisco Gains Market Share, But Huawei Remains Market Leader
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Abstract
This IDC study reviews the worldwide service provider router market for 2023.
"Communications service providers worldwide continue to upgrade their network to add capacity and support new and emerging applications. The overall carrier IP routing market saw a steady YoY growth of 1.4% in 2023 due to service providers increased deployment of 400Gbps technology. North American service providers slowed down their investment in the infrastructure in the second half of 2022 due to micro economic conditions and excess inventory digestion," says Ajeet Das, research director, Carrier Network Infrastructure at IDC. "Huawei and Cisco have both showed growth and maintained their market share positions in 2023."