Chinese IT giant Huawei is the second largest enterprise traditional router vendor in terms of revenue market share with 61% growth, according to research firm Gartner. The reports shows 89.4% year-on-year growth in overall networking equipment market, thereby making Huawei Enterprise the fifth largest vendor in terms of revenue market share.

The company ranks fifth in terms of revenue market share in the overall Enterprise Ethernet switch market with 103% YoY growth.

According to latest global study of Gartner, Huawei has exhibited a year on year revenue growth of over 89.4% across the Enterprise LAN & WLAN market category between Q32012 and Q32013. This makes Huawei the second largest enterprise traditional router vendor and the fifth largest Ethernet switch vendor in the global enterprise networking market.

With products ranging from Data Center Switches, to Campus Switches and small scale products like SOHO & SMB Switches, Huawei’s endeavor remains to deliver end to end ICT solutions, which address the networking requirements of its customers. Stressing on lower capital and operational expenditure for customers, owing to convenient deployment and manageability; with maximized efficiency has led to the unimaginable growth that Huawei Enterprise has witnessed globally.

Huawei is fourth largest vendor revenue market share in 1000 Mbps Ethernet switch market, 111.2% growth in the same time period against credible competitors.

Gartner’s Enterprise Networking Equipment Market report pegs the networking equipment market at $9.3 billionglobally in the third quarter of 2013, with an annual growth rate of 9.1% compared to Q3 2012. The report highlights Huawei as the 5thlargest networking equipment vendor in the world, with a market share of $216.3 million of the total market.

Huawei’s networking products and solutions exhibit a consistent balance between technological capability, environmental considerations, product strength and actual technology market performance. This reflects on the upgrade and innovation capability that Huawei possesses in the networking domain, thus facilitating the immense growth the vendor has seen in the past year.

Puneet Soni Marketing, Huawei Enterprise BG India said, “Repeated and consistent efforts to renew and specialize in cutting edge technology products and solutions are driving the growth of Huawei Enterprise in the networking market. Added to that is the pre-established expertise the company has exhibited in networking products and solutions, with its widespread global presence in the telecommunications industry. These elements combined with customer centralism in all of its innovation and research, have proven to result in increased customer confidence and therefore the massive growth in such a short span of time. Huawei Enterprise continues to capture mindshare and market-share, leveraging its own success to further its growth in the global enterprise networking market.”