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Article: Infonetics Research: Worldwide Service Provider Router Market Up 4% in 2Q03, Fueled by Core Router Segment.
- Article from:
- PR Newswire
- Article date:
- August 21, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON, Aug. 21 /PRNewswire/ -- The worldwide service provider router market grew 4% between 1Q03 and 2Q03 to $669 million, fueled by spending in the core router segment, according to Infonetics Research's quarterly worldwide market share and forecast service, Service Provider Routers and Switches.
The service provider router and switch market is finally stabilizing in 2003, after steep declines from 2000 through 2002, and is forecasted to rise back up to pre-2000 levels in 2006, when worldwide service provider router and switch revenue will reach $9.1 billion, up 88% from $4.8 billion in 2003. Between 1Q03 and 2Q03, service provider router and switch revenue ...