Communications Today – Technology Adoption – No Longer An Optional Cost
The underlying network infrastructure is the digital nervous system for the economy. Companies realize that technology is defined in their future strategies and it is not an optional cost any more, it is really at the heart of what every entity is doing around the world.
Demand for networking equipment in India is booming right now. IDC estimates that India’s communications and networking market grew 67 percent during the third quarter of 2018 to USD 430 million. The Ethernet switch market, for instance, shot up 34 percent annually to USD 160 million during the quarter, and the router market showed exemplary annual growth of 140 percent last quarter to USD 215 million. The country’s wireless local-area network (WLAN) market, increased 12 percent annually to a size of USD 54 million.
Looking ahead, there’s a good reason to believe that the networking market in the country will keep growing at an impressive rate. The volume of data, voice and video traffic going across networks continues to escalate exponentially, with no apparent end in sight. Growth in the total number of users is increasing internet bandwidth. Entertainment-related activities, including video, gaming, and multimedia, are forecast to represent 85 percent of all traffic by 2022. Read more here.