Polycom Achieves Highest Market Growth for Video Conferencing in 2008

Polycom has achieved the highest reported market growth for revenue in ‘Group Videoconferencing’ in the Europe, Middle East & Africa (EMEA) region for the full year 2008 amongst all vendors, with an impressive 32%. Moreover, Polycom grew above market average for revenue and units sold compared to 2007.

“2008 was a comeback year for Polycom in EMEA,” says Andrew W. Davis, partner at Wainhouse Research, an independent analyst firm that has been tracking the videoconferencing industry for over a decade. “During this period, Polycom not only outgrew the overall market, but also gained market share both in EMEA and worldwide for videoconferencing endpoint revenues and units.”

“Polycom coming out first for the highest market growth for revenue in 2008 in EMEA and also increasing our overall market share -according to respected industry analyst firm Wainhouse- makes us proud,” says Steve Leyland, vice president EMEA. “Due to our improved product range and great partners across the region we were able to grow above market average and further strengthen our position in the market place.”

In this tough economic environment, CEOs are trying to figure out how to reduce and contain costs – HD video and telepresence is an easy answer. Polycom’s broad range of HD video and telepresence solutions provides customers with a rapid return on investment, quickly showing real cash savings.