Posted on Thursday, July 16th, 2009 at 3:40 pm
Will Networking Vendors See Upturn Next Year?
Datamation
While the recession officially started in the US in 2008, Infonetics is now reporting that the telecom and datacom (networking) equipment vendors they track, hit global revenues of $150 billion in 2008. That represents a year over year growth rate of 8 percent. That growth wasn’t due to increased unit shipments, but rather the depreciation of the US dollar in relation to other currencies. “Though service provider capital expenditures are slightly decreasing in 2009 and 2010, spending is still on the rise for products that help carriers transform their networks,” Jeff Wilson, Infonetics Research’s Principal Analyst for Network Security said in a statement.
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