Video conferencing equipment market in the second quarter of 2013 showed mixed result for Cisco and Polycom.
Cisco’s revenue from the video conferencing business declined marginally in Q2, while its rival Polycom’s video collaboration revenue increased, said market research firm Infonetics Research on Tuesday.
“While the long-term fundamentals look positive and will eventually drive renewed revenue growth, weakness in public sector spending and the move to lower-cost video solutions hamper a more robust recovery this year,” said Matthias Machowinski, directing analyst for enterprise networks and video at Infonetics Research.
The global enterprise video conferencing and telepresence market rose 8 percent year-on-year and 6percent quarter-on-quarter to $735 million in Q2 2013.
The report said PBX-based video system revenue doubled in Q2 2013 from Q2 2012, as businesses sought out cost-effective ways to deploy multimedia communication.
Infonetics Research says dedicated systems, meanwhile, continue to struggle.
North America is growing again on a year-over-year basis, pointing to a turnaround.
Results in EMEA (Europe, Middle East, Africa) over the past few quarters have been encouraging, and Infonetics believes the region could be a top performer in 2013 despite ongoing economic issues
