Logitech leads video conferencing hardware marketSyah
Logitech Video Collaboration has become a leader in the video conferencing hardware market. First, according to Synergy Research, Logitech has ranked number one worldwide in video conferencing hardware. Fueled by the acceleration of remote work, Logitech experienced its strongest years to date. According to Synergy’s Research, Logitech accounted for nearly fifty percent of all video conferencing devices sold in the Q1 FY21, and over thirty percent of the industry’s revenue.
In addition to this, Logitech has been named the Market Leader in Video Conferencing Devices by Frost & Sullivan, recognizing the company that has achieved the greatest market share resulting from outstanding performance, products, and services. To make its assessments, Frost & Sullivan identifies companies at the innovation and growth forefront of their respective industries that most effectively address new challenges and opportunities.
According to Roopam Jain, Frost & Sullivan’s Senior Industry Director, Connected Work, “In Q1 2021, Logitech surpassed its closest competitors to become the number one vendor in revenue market share in the business-use video conferencing devices market. This was the communication giant’s first time reaching that milestone. Logitech has long dominated the video conferencing devices market in unit shipments. Its recently earned revenue leadership position is a further testament to its unique design-led approach that focuses on creating meaningful products with a clarity of purpose and clear benefits to the users in delivering simple, effortless communication experiences.”
Logitech on Alomos
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