Campus Switch revenue grew in the fourth quarter of 2025 despite a drop in average selling price of nearly every port speed, according to a new report from Dell’Oro Group.
“Most vendors raised prices in the past few months, but ASPs remained low in 4Q 2025 with list price increases not yet flowing through to vendors’ revenues,” says Siân Morgan, research director at Dell’Oro Group. “The AI infrastructure boom is causing supply problems for campus switch vendors that are now finding some memory components hard to come by. These supply shortages are behind the recent price increases and we expect to see campus switch ASPs rise in 2026.
“Across the world, the expansion of IoT is driving enterprises to increase purchases of lower-speed access ports,” Morgan says. “While high-speed port shipments grew, 1Gbps port shipments also increased, and this speed is often used to connect IoT devices such as sensors and security cameras to the network.”
Additional highlights from the 4Q 2025 Campus Ethernet Switch Report include:
- HPE, having acquired Juniper, is focusing on a converged Aruba/Mist roadmap and the company gained share on a trailing four-quarter basis.
- Cisco’s refresh opportunity remains in the billions of dollars as older families of switches are no longer supported by the vendor.
- Ubiquiti’s announced enterprise line of switches is in short supply with several models unavailable.