Recently, the “2023 Q1 China Ethernet Switch Market Report” released by IDC shows that in 2023 Q1 China’s Ethernet switch market size is 7.026 billion yuan (1.027 billion US dollars).
New H3C has a market share of 34.5% and a revenue of 2.424 billion yuan.
Huawei 30.9%, with revenue of 2.171 billion yuan.
Ruijie 14.9%, with a revenue of 1.047 billion yuan.
Cisco 7%, with revenue of 492 million yuan.
ZTE 3.5%, with revenue of 246 million yuan.
The other 9.2%, with a revenue of 646 million yuan.
In Q1 2023, the “global Ethernet switch market” revenue soared by 31.5% year-on-year to 68.413 billion yuan (10 billion U.S. dollars).
Cisco’s Ethernet switch revenue grew 33.7% YoY in Q1 2023, giving it a 46.0% market share.
Arista Networks’ Ethernet switch revenue jumped 61.6% year-over-year in the first quarter of 2023, giving it an 11.4% market share.
HPE’s Ethernet switch revenue jumped 54.9 percent in the first quarter of 2013, giving it a 7.0 percent market share.
Huawei’s Ethernet switch revenue will increase by 5.5% in the first quarter of 2023, giving it a 6.0% market share.
H3C’s Ethernet switch revenue plunged 15.0% YoY in 1Q23, holding a 3.6% market share.
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