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Polycom hits significant Market Share

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Sharefin

Polycom Inc. has 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. 

 

International Data Corporation (IDC) reports that Synergy Research Group and Wainhouse Research show that Polycom gained between 4.4- and 5.7-percentage points in revenue market share quarter-over-quarter in Q2 2012. Polycom’s Q2 gains built on the Company’s market share gains of up to 2.2 per cent in Q1 2012, based on reports from all three firms. According to Wainhouse Research, Polycom now holds more than 32-per cent global market share at the end of the second quarter 2012, and gained nearly 8-per cent global video collaboration market share in the first half of 2012.

 

Andy Miller, CEO, Polycom, said, “Analysts recognise that Polycom is gaining share as the global market leader in video collaboration. We are the outright market leader in high-growth markets, including China and India, and we are winning because we provide the best ease of use, deepest integration, and lowest total cost of ownership in the industry. This growth trend is market validation that organisations – large and small – are choosing Polycom video collaboration solutions to boost productivity, speed time to market, and cut costs across their environments. From mobile devices to the desktop to the conference room, we offer the broadest portfolio of solutions across the widest range of devices that leverage existing investments and use up to 50 percent less bandwidth. These continuing market share gains are proof that customers are embracing our unique approach over that of our competition.”