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NPDReview:SMBSwitch
(theU.S.market)
HuaBai
1/30/15
Source:MonthlyNPD(December’14)
2MonthlyReportingNotesoftheUSSMBSwitchKeyStatsofDecember’14update:OverallSMBswitchUSmarketwasdown3%YoY(Q4’14/Q4’13),11%QoQ(Q4/Q3’14),and0.6%YTD(Jan-Dec’14/Jan-Dec’13).NETGEARrevenuedown1%YoY,7%QoQand6.5%YTD.Oursharewasup0.6%YoYand1.2%QoQ,butdown1.7%YTD.WegainedthestrongestmarketshareQoQinthemarket,drivenbyourgainsinallthreeswitches,especiallystronginmanagedswitch.HoweverforYTD(2014/2013),welostthedeepestshareinthemarket,duetoourdeeplossinunmanagedswitchandsmartswitch,mainlyinretail.Ciscorevenuedown10%YoY,16%QoQand6%YTD.Thecompanylost1.4%YoY,1.2%QoQand1%YTD.Thelosscamefromallthreeswitches.TheylostthedeepestshareQoQinthemarket,mainlytoNETGEAR.HP/3Comrevenuedown0.4%YoYand12%QoQ,up5%YTD.Theshareup1.2%YoYand2.2%YTD,butdown0.5%QoQ.ThecompanyhadstrongsharegainYoYandthestrongestYTDinthemarket,drivenbyitssmartswitchandmanagedswitchindisti.Buttheyhaddeepslow-downQoQ,alsoduetothedeclineinsmartswitchandmanagedswitchindisti.TP-Linkremainedasasmallplayerinthemarket,butgainedstrongly.Theirrevenuesup86%YoY,1.4%QoQand124%YTD.Itsshareup1.5%YoY,0.4%QoQand1.4%YTD.TP-LinkgainedthestrongestshareYoY,drivenbyitsunmanagedswitchinretail.Forunmanagedswitch,TP-LinkgainedthemostsharesYoY,QoQandYTD,drivenbyitsgaininretail.NETGEARcontinuedthelossYTD,butgainedstronglyYoYandQoQ,drivenbyourdistisales.ForYoY,NTGRgained1.5%share,TP-Linkgained5%,Ciscolost1.4%,Belkin/Linksysgained1.4%andD-Linklost5%.ForQoQ,NTGRgained1.5%,TP-Linkgained1.8%,Ciscolost0.6%,Belkin/Linksyslost0.9%,andD-Linklost2%.ForYTD,NTGRlost1%,TP-Linkgained5%,Ciscolost1%,Belkin/Linksysgained3.5%andD-Linklost3%.Fo
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