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Article: Service Provider Router and Switch Market Up 25% from 1Q03.
- Article from:
- PR Newswire
- Article date:
- May 21, 2004
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BOSTON, May 21 /PRNewswire/ -- Worldwide revenue for service provider routers and switches totaled $1.37 billion in 1Q04, down 1% from 4Q03 but up 25% year-over-year, according to Infonetics Research's quarterly worldwide market share and forecast service, Service Provider Routers and Switches. Worldwide revenue is projected to reach $8.5 billion in 2007.
"In a quarter typically weak due to seasonality, the service provider router and switch market bested our estimates and was basically flat," said Infonetics Research's Kevin Mitchell, directing analyst and lead author of the report. "With solid growth over the same period last year, the market seems to have ...