Global sales of data centre network equipment grew 9% sequentially in 4Q11, to $2.36 billion, finds market research firm Infonetics Research. In its fourth quarter (4Q11) report, the research firm also finds that from the year-ago fourth quarter, the data centre network equipment market is up a strong 15% and for the full year 2011, data centre gear totalled US$8.4 billion, up 9% from the previous year.

"Data centre upgrades led all data centre equipment market segments forward in 2011, though 2011 growth (up 9%) was modest compared to the 2010 surge (up 59%).  Because of increasing investments in data centre and cloud service offerings, we are forecasting double-digit percent revenue increases for the overall data centre equipment market this year and next" expects Sam Barnett, directing analyst, data center and cloud, Infonetics Research

Source: CIOL