May 2018 - Market Forecast - Doc # CA42531218
Canadian Networking Equipment Forecast, 2018-2022
This IDC study is the follow-up to Canadian Networking Equipment Forecast, 2017–2021 (IDC #CA41251717, May 2017). The networking equipment market in Canada is forecast to reach $2.8 billion in revenue in 2022, resulting in a five-year CAGR of 1.8%.
Kevin Lonergan, research manager, Networking Equipment and Security, IDC Canada, says, "The network equipment market is in a state of transition as traditional deployment models are challenged by cloud, software-defined solutions, and SaaS. Routing and IP PBX systems were hit the hardest in 2017, but ongoing refresh cycles of datacentre and edge networks will drive investment in switching, wireless LAN, and security appliances over the forecast period."