$10 Billion Networking Market In Q2

For the second quarter of 2016, worldwide switching and router revenue was more than $10 billion and was $41 billion total for the last four quarters, representing 1 percent growth on a rolling annualized basis. The three market segments include enterprise switching, enterprise routing and service provider routing.

Enterprise switching is the largest of the three segments, representing nearly 60 percent. North America remains the biggest region, accounting for more than 40 percent of revenue, while the Asia-Pacific region is the fastest-growing, according to Synergy.

"The big picture is that total switching and router revenues are remaining relatively stable at some $10 billion per quarter," said Jeremy Duke, founder of Synergy.