The networking market in Asia Pacific excluding Japan is betting big on the Government sector in the next few quarters, given the increased ICT interest from around the world to invest in India, IDC said Wednesday.
The research agency noted that last year was one of the best years for the Networking market in India. A similar trend is expected for this year as well.
Cisco, Juniper, HP, Huawei and Alcatel-Lucent, were the key vendors in the region in the LAN market. They contributed over 80 percent to the revenue in the second quarter of 2015. Cisco retained its dominance in the Switch & Router market. The key growth verticals for the vendor in Q2 were Telcos, BFSI and Manufacturing.
IDC said Telcos are in full rush to get maximum customers on board for their 3G/LTE networks. These factors along with Government’s frequent announcements in the direction of ‘Digital India’ are likely to give boost to the ICT market during 2015 and further.
The think-tank foresees network enabled campuses, broadband highways, Wi-Fi hotspots will remain the key to digital infrastructure development and rollouts. Moreover, the proliferation of smart devices and their tech-savvy infrastructure has created opportunities for all kinds of players to leverage increasing future demand.
Further, IDC said WLAN market in India clocked an 8.4 percent growth quarter-on-quarter and 37.9 percent year-on-year during the second quarter 2015. During the period, the end-user revenue stood at USD 53.1 million.
“With over 7 million SMBs and counting, aggressive expansion and growth plans by most of them are expected to further consider mobility and network optimization solutions that are expected to result in the growth of this market,” said Suman Bisht, Market Analyst – Enterprise Networking.
She added that The IP-based security-surveillance market is also likely to take a faster route giving vendors, small or big, an opportunity to grow. Traditional segment is set to benefit from mobility and network optimization solutions.