Industry News
Q123 global data center switch revenue hit another record
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Author : JIUZHOU
Update time : 2023-06-09 11:55:59
In the first quarter of 2023, global sales of data center switches set a record for the fourth consecutive quarter, with revenue increasing 20% year-over-year to more than $4.5 billion.
According to relevant data, in the first quarter of 2023, the sales of global data center switches set a record for the fourth consecutive quarter, with revenue increasing by 20% year-on-year to more than $4.5 billion.
According to this related data, it was explained that: "The substantial increase is mainly due to the continuous improvement of the supply situation, and the backlog of inventory is being released.
In fact, some suppliers reported that the delivery of certain products compared with the previous quarter. The time has been reduced by 40%.
Also, the pricing increases implemented by most suppliers about a year ago are starting to have some positive impact on the market as the new build-up of inventory starts to be gradually released.”
Some people also said based on this related data: "Revenue growth of all major suppliers is broad-based."
Cloud service providers drove nearly two-thirds of revenue growth in the quarter, with large enterprises accounting for the remainder. According to relevant reports, more and more shipments will flow to Tier 2/3 cloud service providers and large enterprises.
In the first three months of this year, revenue from 200-Gbps and 400-Gbps switches accounted for about 25% of total revenue, and shipments accounted for about 20% of total shipments.
According to relevant data, in the first quarter of 2023, the sales of global data center switches set a record for the fourth consecutive quarter, with revenue increasing by 20% year-on-year to more than $4.5 billion.
According to this related data, it was explained that: "The substantial increase is mainly due to the continuous improvement of the supply situation, and the backlog of inventory is being released.
In fact, some suppliers reported that the delivery of certain products compared with the previous quarter. The time has been reduced by 40%.
Also, the pricing increases implemented by most suppliers about a year ago are starting to have some positive impact on the market as the new build-up of inventory starts to be gradually released.”
Some people also said based on this related data: "Revenue growth of all major suppliers is broad-based."
Cloud service providers drove nearly two-thirds of revenue growth in the quarter, with large enterprises accounting for the remainder. According to relevant reports, more and more shipments will flow to Tier 2/3 cloud service providers and large enterprises.
In the first three months of this year, revenue from 200-Gbps and 400-Gbps switches accounted for about 25% of total revenue, and shipments accounted for about 20% of total shipments.
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