The worldwide service provider router market reversed sales declines in four of the five previous quarters by posting its highest sequential growth rate in more than two years in the fourth quarter of 2009, according to Dell'Oro Group. Sales increased 15% to $2 billion, Dell'Oro found.
Market leader Cisco grew revenue 11% in the quarter. Runner up Juniper jumped 17% as did No. 3 Alcatel-Lucent. Closing out the top five were Huawei at 22%, and Ericsson at 39%.
Dell'Oro notes that customers started spending again in Q4, which bodes well for 2010. The firm expects service providers to begin new and continue existing network projects and buildouts this year, which would stimulate market growth.
More from Cisco Subnet:
This is Network World's Cisco Subnet news alert in which we focus on the top items from Cisco Subnet, your source for Cisco news, blogs, discussion items, security alerts, giveaways and more.Cisco said to be readying major upgrade to CRS-1The scoop on the New TSHOOT Course and ExamCisco SubnetCisco Alert newsletter.Like RSS readers? Subscribe to the Cisco Subnet RSS feed
Like e-mail? Subscribe to theFollow all Cisco Subnet bloggers on Twitter.Follow Jim Duffy on Twitter