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Networking Segment Recorded Growth in All Regions Claims HP

Hewlett Packard has announced that it has recorded market share gains in every networking segment across all regions.

The company said in a press release that in the first quarter of 2011, HP Networking grew more than the market, registering market share gains at the cost of rivals like Cisco.

Citing a report released by research firm Dell’Oro Group, the company said that its market share in the worldwide 2/layer 3 Ethernet switching market grew by 2.5 percent in the first quarter while Cisco’s share dropped by 5.8 percent.

The company also pointed out that it had seen 2.5 percent growth in the worldwide router market and 2.2 percent growth in wireless local area network (WLAN) market. Cisco’s share, HP said, dropped by 3.1 percent and 0.4 percent in the router and WLAN market respectively.

“Customers are telling us that there is a significant sense of urgency to eliminate their inflexible, complex and expensive networks,” said Mike Banic, vice president, Global Marketing, Networking, HP.

“As our market share gains demonstrate, customers around the world are choosing HP to create networks that are more flexible and easier to manage – better preparing them to adapt to cloud and other dynamic computing models.” he added.