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IDC Worldwide Enterprise Videoconferencing and Telepresence Equipment QView showed positive results in the third quarter of 2016 (3Q16) with overall videoconferencing equipment revenue increasing both 7.4% quarter over quarter and 6.1% year over year. Total worldwide enterprise video equipment market revenue in 3Q16 was over $542 million, up from just over $505 million in 2Q16. The total number of videoconferencing units sold in 3Q16 also increased 0.8% quarter over quarter and 10.9% year over year.
From a market segment perspective in 3Q16:
Regional results in 3Q16 were as follows:
"Some good news for the worldwide enterprise videoconferencing equipment market - revenue and video endpoint shipments (units) saw both sequential and annual growth in 3Q16, although some regions showed declines," said Rich Costello, senior analyst, Enterprise Communications Infra structure. "A surprising 3Q16 highlight had video infrastructure equipment experiencing double-digit revenue growth both quarter over quarter and year over year, halting a quarterly downward trend in that category of the global enterprise videoconferencing equipment market.
Concerning top vendors, Cisco's 3Q16 results showed 11.6% quarter-over-quarter revenue growth and 6.4% growth year over year. Cisco remained the leader in enterprise videoconferencing equipment with a 46.0% share of the worldwide market in 3Q16. Polycom's revenue increased 14.7% quarter over quarter, but declined 2.3% year over year in 3Q16. Polycom ranked second in enterprise videoconferencing equipment with a 21.0% share of the worldwide market in 3Q16. Huawei's revenue declined 8.3% quarter over quarter, but increased 4.6% year over year in 3Q16. Huawei ranked third with a 12.2% share of the worldwide enterprise videoconferencing market in 3Q16.