The Network Security and Data Centre Appliance market experienced robust growth as the COVID-19 pandemic continued to loosen its grip, but the ongoing semiconductor supply crunch has also ensnared the Network Security and Data Center Appliance market, according to a new report.
According to a recently published report from Dell’Oro while the worst of the pandemic appears behind us, the world is now tracking the effects of the chip crunch
Dell’Oro Network Security and Data Center Appliances Research Director Mauricio Sanchez said this quarter’s growth reflects increasing enterprise confidence and the need to invest in critical network-based security technologies.
“We estimate an impact of $300 million in 1Q 2021 caused by some product lead times tripling to eighteen weeks.”
