D-Link Captures Top Networking Market Share

Synergy Research Group released reports on consumer connectivity which shows that D-Link has captured the #1 market share position for global consumer networking connectivity.

From D-Link’s press release:

The Synergy Research Group reports reveal that D-Link shipped more than 8 million networking units worldwide in Q1 2004, nearly twice that of the nearest competitor. For the quarter ended March 31, D-Link reported sales of $182.4 million worldwide. For the sixty-seventh quarter in a row, D-Link has led in global revenue share, showing a 5% increase over rival networking solution provider Linksys and a 107% over the smaller Netgear. D-Link sales climbed 38% from $132.2 million in Q1 last year, reinforced by strong sales growth in wireless networking, digital home devices and broadband.

D-Link’s strong performance includes growth in several product lines, notably Digital Home products with a staggering 75% growth over the year, wireless networking with 54% growth and Broadband networking, which includes Voice over Internet Protocol (VoIP) devices, cable modems, wired routers, and NIC cards with 31% growth.

“In the rapidly expanding consumer networking market, D-Link moved into the overall number one position worldwide, delivering connectivity to the consumer with over 8 million unit shipments,” said Aaron Vance, Industry Analyst, Synergy Research Group. “The global market is experiencing record growth and D-Link has helped open the market to new users with their aggressive pricing and the stratification of their Broadband, LAN and WLAN product lines.”

“It’s nice to see that analysts like those at Synergy are looking at the larger picture and embracing the entire consumer market as a whole,” said Steven Joe, President and CEO, D-Link Systems, Inc. “We are pleased to be recognized for penetrating and building global markets targeted at consumers worldwide.

“We attribute this ongoing success to the hard work and dedication of our people and our commitment to excellence in engineering,” added Joe.

D-Link has been profitable every year since its inception, and continues to grow at a rate that will allow the Company to experience continued prosperity.