1Q’22 Routing Market and Long-Term Forecast Results

In 1Q’22, revenues of the Routing market were 2% greater than the year-ago quarter, according to our recently published report.  Over the last four quarters, the market has consistently grown on a Y/Y basis.  Our report also includes an updated long-term forecast.  650 Group maintains our revenue forecast for 2022 and 2023.  For the outer years of our forecast, we are maintaining our long-term forecast since the previous report.  

The top 5 vendors in the quarter (ranked by revenue size in the report) were the following:
1. Cisco – grew Y/Y
2. Huawei – grew Y/Y
3. Nokia – declined Y/Y
4.Juniper – declined Y/Y
5. ZTE – declined Y/Y

The Routing report breaks out over five vendors and includes detailed segmentation, forecasting, and market shares.  Please contact us for press inquiries and further report information.  In 650 Group’s top vendor performance, we only include vendors broken out directly in the report.  Vendor’s in our rest-of-market category are not included in the top performing list.