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India networking market falls 27% in first quarter of 2020: IDC
INDIA : Indias networking market which includes ethernet switch, routers, and WLAN (wireless local area network) segments witnessed a 26.7% year-over-year (YoY) decline in the first quarter of this year, a new IDC report said on Thursday.The decline was majorly due to a slowdown in business activity post mid of March due to Covid-19, said IDC.Reduction in investment of on-campus infrastructure was the main driver for the slowdown during the quarter."While the pandemic will have an immediate negative impact in terms of infrastructure buying, COVID-19 will act as a catalyst in enabling the next wave of digital transformation among enterprises," Sudharsan Raghunathan, Senior Market Analyst, Enterprise Networking, IDC India, said in a