POLYCOM, INC - COMPANY INFORMATION [Growth and Opportunities]

4.1
POLYCOM, INC - COMPANY INFORMATION [Growth and Opportunities]
3 Min Read

Polycom operates in markets such as 360-degree camera market (growing at 27.1% CAGR), Video Streaming Software market (18.5% CAGR)

Company Overview

Polycom (now known as Poly and a part of Plantronics) is an American multinational corporation that develops video, voice, and content collaboration and communication technology. The company has been focussing on a number of fast-growing markets in these industry segments for its medium to long term growth.

Polycom operates in markets such as 360-degree camera market (growing at 27.1% CAGR), Video Streaming Software market (18.5% CAGR), Hosted PBX market (14.9% CAGR), and High-speed Camera market (11% CAGR).

Apart from these, Polycom also operates in markets such as Managed Services Market (market size $225 Bn in 2020, growing at 7% CAGR), and Cloud Managed Services Market (market size $62 Bn in 2020, growing at 13% CAGR).

Polycom High-Growth Opportunities across Industry Segments

Top Hot bets for Polycom in Software & Services Industry –

• Enterprise Collaboration Market - valued at $41.87 billion in 2020 globally, growing at 12.7% CAGR

• Content Services Platform Market - valued at $33.46 billion in 2020 globally, growing at 21.7% CAGR

• Video Streaming Software Market – valued at $6.32 billion in 2020 globally, growing at 18.5% CAGR

• Cloud Managed Services Market - valued at $62.24 billion in 2020 globally, growing at 13.3% CAGR

Top Hot bets for Polycom in Information Security Industry –

• Network Security Firewall Market - $3.74 billion market globally, growing at 22.9% CAGR

• Overall, these markets present a good opportunity for Polycom’s growth.

Potential Growth Opportunities for Polycom

The most promising adjacent market opportunities for Polycom to potentially exploit for long-term revenue growth are –

• Transparent Caching Market with a global market opportunity of $0.88 Bn, growing at a CAGR of 37.28%

• Managed Detection and Response market with a global market opportunity of $0.96 Bn, growing at a CAGR of 31.6%

• Telecom Cloud Market with a global market opportunity of $16.33 Bn, growing at a CAGR of 21.4%

• Video on Demand (VoD) market with a global market opportunity of $45.7 Bn, growing at a CAGR of 17.5%

• Social Media Analytics Market with a global market opportunity of $2.56 Bn, growing at a CAGR of 24%

• Managed Security Services Market with a global market opportunity of $20.02 Bn, growing at a CAGR of 13.9%

• Security as a Service Market with a global market opportunity of $10.96 Bn, growing at CAGR of 13.8%

• Video Surveillance Market with a global market opportunity of $ 39.01 Bn, growing at CAGR of 10%