Telecom Lead India: Polycom leads the video conferencing
systems and infrastructure market in India with 50.2 percent market share in
2011.
Polycom posted 45 percent growth in the video
conferencing endpoint market, ahead of the industry growth of 35.3 percent, to
capture 50.6 percent market share.
In the video conferencing infrastructure market, Polycom
recorded 57.4 percent growth compared to industry growth of 53.9 percent to
capture 48 percent market share, according to Frost & Sullivan.
Neeraj Gill, managing director, India and SAARC, Polycom,
said that these latest market share numbers show that its strategy is working.
Polycom has taken the market share lead in India and intends to continue to
grow.
Increasing number of Indian enterprises are reaping the
benefits of video collaboration solutions to aid in organizational growth. New
sectors such as entertainment, healthcare, finance, education, and
manufacturing are deploying video collaboration solutions, while existing
customers are looking to enhance their existing video environment.
Benoy C S, director, Information and Communications
Technology Practice, Frost & Sullivan, South Asia & Middle East, said,
that Polycom’s 50.2 percent market share of the overall video collaboration
market in India is a testimony of its strength and commitment to deliver
innovative and best-in-class video collaboration solutions to customers across
India.
The company has led the industry in terms of offering
compelling video solutions to customers in various industry sectors including
government, public sector, banking, and finance as well as emerging sectors
such as education and healthcare. In an increasingly competitive marketplace,
Polycom’s advantage of standard-based solutions and focus on interoperability,
combined with its strong partnerships, makes it a market leader in the video
conferencing industry.
The value of the video conferencing market in India was
$83.2 million accounting for a growth rate of 38.9 percent in 2011 over the
previous year.
The industry is likely to sustain a CAGR 20.1 percent
over the next seven years, attributed to industry trends such as: the changing
mindset of enterprises that look at video as a corroborator in their business
processes; support of the service provider community in deploying managed video
conferencing services; enhanced reach through system integrators; and greater
enterprise drive for open standards amongst others.
The industry has also seen a significant growth in demand
for immersive solutions with high definition versus standard definition
adoption at 80:20, highlighting change in user needs for want of advanced
technology systems.
