India networking market grew 22% in July-September 2022

India’s networking market saw 21.6% year-over-year (YoY) growth in terms of vendor revenues as they attempted to clear payment backlogs during in the July-September 2022 period, said International Data Corporation (IDC) in its report.

The networking market includes ethernet switch, routers, and WLAN segments under IDC’s research.

The report added that chip shortages are expected to last at least till the first half of 2023.