Cisco revenue in videoconferencing dips 20.8 percent in Q4 2013, says IDC

Cisco revenue in Videoconferencing and Telepresence segment in the fourth quarter of 2013 dipped 20.8 percent, said IDC.

However, Cisco revenue increased 2.1 percent on quarter-over-quarter basis.

Cisco remains the leader in enterprise videoconferencing equipment with a 44.3 percent share of the worldwide market, said IDC.

Polycom’s revenue decreased 13.4 percent year-over-year in the fourth quarter. Its Q4 revenue increased 7 percent quarter-over-quarter.

Polycom ranks second in enterprise videoconferencing equipment with a 24.9 percent share of the worldwide market.

Huawei, which has 10.8 percent share enterprise videoconferencing market, Q4 revenue increased 0.8 percent year-over-year and 10.3 percent quarter-over-quarter.

Video conferencing

IDC said overall videoconferencing equipment revenue increased 2.8 percent quarter over quarter, but declined 17.9 percent year over year to approximately $592 million.

For the full year 2013, the enterprise videoconferencing market revenue declined 13.1 percent year over year to $2.26 billion.

The market is witnessing the impact of lower-cost systems, software-centric products, and cloud-based service offerings on the enterprise video equipment market.

Regionally, Asia/Pacific (8.1 percent), Europe, Middle East and Africa (EMEA) (2.3 percent) and North America (1.4 percent) showed positive quarter-over-quarter revenue growth in Q4, while Central and Latin America (CALA) (-13.6 percent) revenue declined quarter over quarter.

In addition, all the major regions showed year-over-year declines for 4Q13: North America (-22.4 percent), EMEA (-20.3 percent), CALA (-11.1 percent) and Asia/Pacific (-10.1 percent).

“Interest in video and collaboration technology and applications helped the quarterly revenue numbers in three out of four major regions except CALA,” said Rich Costello, senior analyst,  Enterprise Communications Infrastructure at IDC.

picture source: findthebest

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