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IDC: Cisco Ups Lead Over Polycom In Enterprise Videoconferencing And Telepresence Market

February 28, 2013 | Telepresence Options

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Market revenue totaled $2.64 billion in 2012, down 2.6 percent from 2011 By FierceEnterpriseCommunications

Cisco (NASDAQ: CSCO) increased its lead in the enterprise videoconferencing and telepresence market over Polycom (NASDAQ: PLCM) last quarter, according to the latest stats from IDC.

Cisco's market share inched up to 44.8 percent in the fourth quarter from 43.3 percent share in the third quarter. Polycom's market share slipped to 23 percent in the fourth quarter from 25 percent in the third quarter.

Polycom has been struggling financially of late. It posted a 96 percent year-over-year drop in net income in the fourth quarter, while its revenue declined a more modest 9 percent year-over-year to $353 million. Despite the firm's troubles, Zacks Investment Research is maintaining a neutral stance on Polycom's stock.

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