WLAN Revenues Plummet 26 Percent in 4Q 2023, According to Dell’Oro Group
|Network Security SaaS and Virtual Solutions Soar While Hardware Falls, According to Dell’Oro Group
|“In a year marked by economic recalibration and strategic introspection within the network security domain, the industry’s gravitation towards SaaS and virtual solutions has been nothing short of revolutionary,” said Mauricio Sanchez, Sr. Director, Enterprise Security and Networking at Dell’Oro Group.
Cloud Service Provider Spending on Ethernet Data Center Switches Declined for the First Time in Three Years, According to Dell’Oro Group
|Optical Transport Market Declined 6 Percent in 4Q 2023, According to Dell’Oro Group
|“Excess inventory, worsening macroeconomic conditions, and higher interest rates were the main reasons cited for the decline in these regions,” said Jimmy Yu, Vice President at Dell’Oro Group. “North American service providers accumulated excess inventory after splurging on equipment in 2021 and 2022. We estimate that North American optical equipment sales increased nearly 30 percent in that period.
Inventory Correction Causes High End Router Market Slowdown in Second Half of 2023, According to Dell’Oro Group
|“The disruptions caused by component shortages and supply chain bottlenecks that started over two years ago are still occurring,” said Jimmy Yu, Vice President at Dell’Oro Group. “Once supply freed up, router manufacturers were able to fulfill backlogged orders at a faster pace, driving High End Router revenue up 12 percent year-over-year in the first half of 2023.
