Cisco dominated the Indian Ethernet Switch market due to increased spending from telecommunications and banking verticals.
HPE is the second largest Ethernet Switch market player in India.
Juniper Networks is the third largest Ethernet Switch company in the country.
Juniper Networks and Nokia achieved triple-digit growth in the Indian Ethernet switch market — thanks to its deals with telecom operators — in Q2 2017.
Cisco Systems has dominated the router market in Q2 2017, due to significant uptake from telecom players. Mobile operators such as Bharti Airtel, Reliance Jio, Idea Cellular, Vodafone, among others invested heavily in expanding their mobile data networks.
Nokia is the second largest router company in India thanks to its deals in telecommunication vertical and smart city projects.
Ethernet Switch market in India posted growth of 22.8 percent to $135.5 million. Telecom, BFSI, professional services, government and education were the key contributors in Q2 2017. Government initiatives such as smart cities, digital India, Make in India etc. would drive incremental investments for Ethernet switch segment in the Indian market.
Router market in India grew 26.9 percent to $87.1 million. Telecommunications, professional services and government contributed to the growth in router market.
Telecommunication operators are investing significantly on 4G networks expansion and VoLTE roll-outs in India. Router vendors are expecting some deals with companies such as BSNL and MTNL as well.