HPE announced its intention to acquire Jupiter Networks in January 2023. At the time it was confident that the addition would help it address the rapidly growing datacenter-based ML/AI market based on nVidia’s GPUs. Between then and now each supplier’s revenues have continued at around the same level as before the announcement (see my Figure above).
nVidia heats up the enterprise network market
Looking at Enterprise Networks[1] my Figure above summarizes market share trends by quarter since the beginning of 2021: most evident is the big rise of nVidia, which is the first vendor for ages to challenge Cisco’s dominance (whose own market share has dropped to its lowest point since 2003 as a result). Now joined together, HPE/Juniper’s challenge remains the same – to offer high performance datacenter networking for ML/AI applications. We need to watch closely to see if, combined, they can do better than when they traded separately.
HPE now has a small, but significant share of the total network market
In the year to the end of March 2025 HPE /Juniper combined held a 3.3% share of the total network market (Enterprise and Service Provider products combined). Off all major ITC markets I study this is the most international with Chinese vendors accounting for 47% of he total $228 billion spend in the last year; US suppliers had a 33% share, followed by European (17%) and Japan (3%). I’ll be watching how this balance evolves in the future. Let me know what you think.
[1] In my research I split Enterprise from Service Provider Networks – they accounted for 34% and 66% of network hardware spending in the year to March 2025