• Cisco Systems revenue worldwide 2006-2021

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In 2021, Cisco generated revenues of around 49.8 billion U.S. dollars, representing an increase of 500 million U.S. dollars from the previous year. However, the figure for 2021 is lower compared to the record-high revenue registered in 2019, when the company generated 51.9 billion U.S. dollars.

Cisco’s business segments

Cisco Systems is a California-based company that designs, manufactures, and sells telecommunications equipment, networking products, software, and technology services. Cisco’s business includes four reportable product segments: ‘Infrastructure Platforms’, ‘Applications’, ‘Security’, and ‘Other Products’. The ‘Infrastructure Platforms’ segment is by far the company’s largest and includes networking technologies products such as switching, routing, wireless, and data center products.

Cisco’s competitors

Founded in 1984, Cisco has gone on to become one of the top technology brands globally. The company is a leading player in the telecommunications equipment market, ranking second only to Huawei among leading telecom infrastructure companies. The company also dominates the enterprise network infrastructure market, this time ahead of Huawei, as well as of Hewlett Packard Enterprise (HPE) and Nokia.