IDC: Networking market grew 67 percent in Q3 2018

Government and enterprise digitalisation initiatives are expected to drive future growth in the India networking market which includes Ethernet switch, routers and wireless local area network (WLAN) segments, according to IDC.

“Mobile workforce, anytime anywhere access to enterprise networks, security across multiple channels and shift towards cloud-based application workload are key drivers for investment in network infrastructure,” Dileep Nadimpalli, Research Manager, Storage, IDC India said in a statement.

In the third quarter of 2018, the Ethernet switch market in India stood at $160.3 million with an year-over-year (YoY) growth of 34.4 per cent, according to IDC’s latest “Asia/Pacific Quarterly Ethernet Switch Tracker”. Cisco continues to dominate the Ethernet switch market with a 65.7 per cent share in Q3 2018, followed by HPE and Huawei, the report said.

The India router market in Q3 2018 stood at $214.9 million with an YoY growth of 140.4 per cent, IDC said. Cisco accounted to three-fourth of the router market in Q3 2018. Nokia and Huawei witnessed high double-digit YoY growth on the back of a few big-ticket wins in the telecom space, according to IDC’s latest “Asia/Pacific Quarterly Router Tracker” report.

The WLAN market in India stood at $54 million in Q3 2018 with a healthy YoY growth of 12 per cent. Cisco retained the top spot in the WLAN market with a 24.8 per cent market share in Q3 2018, followed by TP-Link and HPE, IDC said.

“Software defined networking solutions are expected to gain prominence as the enterprise infrastructure evolves from siloed, human-dependent systems to self-servicing, fully automated and seamless integrated systems,” said Ranganath Sadasiva, Director-Enterprise, IDC India.

Enterprises in India faced more than 2.6 crore cyber threats during the third quarter of 2018, translating to over 2.8 lakhs threats every day, according to a new report from Seqrite, the enterprise arm of global IT security firm Quick Heal Technologies. IT and IT-enabled services firms faced the most number of threats, with over 40 pc of the threats targeting the industry, as per Seqrite Quarterly Threat Report Q3 2018. Other key sectors such as manufacturing (17.88 pc), education (12.56 pc), and hospitality (9.17 pc) were also deemed to be at risk. “There is no denying that enterprises face an unparalleled security challenge today. Growing interconnectivity has demolished traditional security perimeters,” Sanjay Katkar, Joint MD and CTO, Quick Heal Technologies Limited said. “Every endpoint, every node, every device connected to enterprise networks has become a point of entry for attackers looking to steal invaluable information and disrupt business,” Katkar added. While ransomware, exploits, potentially unwanted applications and adware, infectors, and worms remained popular attack vectors for cybercriminals, the report noted a growing threat posed by cryptojacking. Seqrite detected over 24,000 cryptojacking hits on a daily basis during Q3 2018. Cryptojacking attacks, a form of cyber-attack in which hackers hijack the infected system’s processing power to mine cryptocurrency, remain undetected for a long time and can often be used as a platform to launch other complex attacks.