Spotlight: Cisco takes top spot in videoconferencing infrastructure market

Frost & Sullivan tags Cisco as leader based on 2011 market share
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Cisco (Nasdaq: CSCO) has been named the market leader in the videoconferencing infrastructure market by Frost & Sullivan because the company has captured the highest market share within the industry. Last year, revenue in the global videoconferencing infrastructure market grew 27 percent to reach $746 million. Cisco outpaced the market with 33 percent year-over-year revenue growth in 2011 and increased its global share of the market from 48.5 percent in 2010 to 50.8 percent in 2011 in terms of total revenues, according to the Frost & Sullivan report. Established players like Cisco should keep an eye on traditional competitors such as Polycom (Nasdaq: PLCM) but also on startups such as Blue Jeans Network and Vidyo that are offering flexible videoconferencing products at lower prices. Read more