Polycom, Inc. the global leader in open standards-based unified communications (UC), on Monday announced significant, sequential quarter-over-quarter market share gains in the video collaboration industry, for the past two quarters, at the cost of some of its biggest competitors.
New quarterly market share research reports from International Data Corporation (IDC), Synergy Research Groupand Wainhouse Researchshow that Polycom gained between 4.4[i] and 5.7[ii] percentage points in revenue market share quarter-over-quarter in Q2 2012. Polycom’s Q2 gains build on the Company’s market share gains of up to 2.2 percent in Q1 2012[iii], based on reports from all three firms.
Overall, Polycom now holds more than 32 percent global market share at the end of the second quarter 2012, and gained nearly 8 percent global video collaboration market share in the first half of 2012, according to Wainhouse Research.
Wainhouse Research reported that Polycom gained 5.7 percent market share in the quarter, growing worldwide market share to 32.4 percent.[v]
According to the latest Synergy Research Group report, Polycom gained 4.4 percent share in the quarter (now at 32.1 percent), and gained share in every product segment and in every geographic theater in Q2, including 13 percent in Central and Latin America, and 7 percent in North America.
In the new IDC report, Polycom gained 4.7 percent share in the quarter to reach 32.4 percent share.
“Analysts recognise that Polycom is gaining share as the global market leader in video collaboration. We're the outright market leader in high growth markets, including China and India, and we’re winning because we provide the best ease of use, deepest integration, and lowest total cost of ownership in the industry,” said Polycom CEO Andy Miller.
Analysts Highlight Execution, Breadth of Offerings, Partner Program as Contributors to Growth
"In spite of the economic challenges in Europe and IT spending cutbacks in some vertical market segments, Polycom's 2Q 2012 enterprise videoconferencing equipment revenue increased an impressive 8.9 percent quarter-over-quarter, resulting in Polycom growing its sequential market share by 4.7 percent to 32.4 percent,” said Rich Costello, Senior Research Analyst, IDC. “Good results from the Asia Pacific region in particular, as well as North America, for both Polycom solutions and infrastructure, fueled the growth numbers. A boost from the CALA region also added nicely to Polycom's quarterly results."
“In a highly competitive collaboration market, Polycom continues to stand out as a videoconferencing leader, gaining market share in all major regions in the second quarter and maintaining its number-one ranking in APAC. Even in the most challenging of economies, Polycom gained over 6 market share points in North America,” says Jeremy Duke, Founder and Chief Analyst, Synergy Research Group. “We believe Polycom continues to execute on delivering a wide breadth of high quality videoconferencing solutions as well as maximising its market reach and growth with a successful partnership program.”
“Polycom continues to grow its global market share in a competitive video conferencing market, and was the only major vendor we saw who grew sequential revenue in Q2,” said Andrew W. Davis, Analyst and co-founder, Wainhouse Research. “In spite of many headwinds in the videoconferencing market this year, Polycom’s sustained market share gains indicate that Polycom’s strategy, with its emphasis on software and interoperability, is well aligned with the demands of enterprises around the world.” |