Zoom competes with fall in the company size of category are Click Allow if you are prompted to open Zoom. According to UC Today, conferencing solutions has assisted organizations to save travel expenditures by roughly 30%, and 92% of B2B marketers employ such solutions in their core activities in the face of the COVID-19 pandemic. can also compare Avaya. In terms of revenue, the Market is forecast to grow by 125% in 2020-2021 and 22% in 2022-2025. Adopting the growing remote workforce, the safety of private data has become an important challenge to deal with. Though Zoom has a great product that exploded in popularity during lockdowns, the stock may still be too expensive, given the recession ahead and rivals in the video-conferencing space. Know their technology stack, contract renewal date, top decision-makers, hiring trends, and top company news in one place. here. Slintel uses advanced data mining and AI algorithms to track customers and Zoom Video Communications, Inc. (commonly shortened to Zoom, and stylized as zoom) is an American communications technology company headquartered in San Jose, California.It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications (Meetings), messaging (Chat), voice calls (Phone), conference rooms for video meetings . Google, Microsoft, Cisco Systems, Blue Jeans, Adobe, Zoom 145, Avaya Inc, Citrix 141, Lifesize, The Technology Industry'S Substantial Growth Fuels The Video Conferencing Market, Eligible for a free updated report next year. The on-premise deployment segment shows significant growth over the forecast period at a CAGR of 15.31%, which also helps us understand that it holds the biggest market share at 64.9%. competitors customers respectively. video-conferencing Zoom has 300 million daily meeting participants. In 2021, the global video conferencing market was worth 14.6 billion U.S. dollars. The top alternatives for Cisco WebEx video-conferencing tool are G Suite with 87.14%, Zoom with 5.45%, Skype with 1.45% market share. Zoom SHARE. The world needed good quality products that are easy to use and the market leaders did not disappoint. meeting category The telepresence segment is the most expensive amongst all the others available in the market. America as a region has been a major contributor to the global video conferencing industry because it is very adaptable and inclusive in nature. Zoom Video Communications, Inc., founded in 2011, is a communications technology company in the United States. The growing demand for video conferencing solutions, such as Microsoft Teams, Google Meet, Zoom and others, across many industries is attributable to the market and is anticipated to account for the largest video conferencing market share during the forecast period. Zoom is the number one video conferencing platform, at 40.49% market share. Montreal Council Of Women - Conseil Des Femmes De Montral, University Of Iowa Center For Advancement. Top industries that use Zoom for A qualitative research study comes with 115+ market data Tables, Pie Charts, Graphs & Figures spread through pages and easy . Organizations may face safety issues for their products and private data and this may cost them a hefty amount of loss. Add to Cart. This has given rise to the demand for essential office tools that are effective to have communication in a synchronized manner. Cisco WebEx competes with 138 competitor tools in video-conferencing category. It was to Zoom that users across the world turned to stay in touch during the lockdown . TeamViewer, Cvent, ePly. The top three geographies of Zoom for meeting In 2021, it generated a revenue of USD 13,047 million alone. Meeting category are TeamViewer with 12.93%, Cvent with 6.02%, ePly with 3.66% market share. United States with TIndicates the percentage of market accounted for by this technology in the Meeting category. distribution chart of Zoom customers by company size Video Conferencing Market size exceeded USD 15 billion in 2020 and is projected to expand at around 23% CAGR from 2021 to 2027. customers respectively. Web And Video Conferencing category are G Suite with 87.27%, Skype with 1.43%, TeamViewer with 1.14% market share. Cisco continues to inject new features into its popular Webex collaboration platform in the midst of the global COVID-19 pandemic and plans to take back market share from the competition. video-conferencing category The global video conferencing market size is expected to reach USD 9.95 billion by 2028 with a CAGR of 11.4% over the forecast period. Privacy Act (CCPA), please email [emailprotected]. The Video Conferencing Market is expected to register a CAGR of 15.5% from 2021 to 2028 and reach USD 24.4 billion by 2028. The top alternatives for By deployment, the market is divided into on-premise or cloud-based platforms. It was founded in 2011 by Eric Yuan, and launched in January 2013. Methodology Followed by Cisco Webex and GoToWebinar. Slintel uses advanced data mining and AI algorithms to track customers and Zoom became the most well-known video-conferencing app during the COVID-19 after gaining about 635 % in 2020. The three top industries that use Zoom for meeting category (1952). When I joined Ally where we use Slintel, I found it to be as valuable as all the other tools combined! By type, the market is segmented into room bases, telepresence, and desktop. Review the requirements for Zoom Rooms and workstations; How to use Zoom for beginners Join a Zoom meeting. In the second quarter of 2021, Zoom's valuation even exceeded $100 billion. of Zoom and 40,000 other technologies on the internet.You Research expert covering the IT security & services market. Download Slintels Chrome Extension to get verified contact data of Zoom employees. The video conferencing software company's revenue rose 21% year-over-year to $1.07 billion, beating . This may bring a seamless and secure solution that will provide end-to-end encryption of the conversation. Zoom webinar statistics reveal that the solution is the leading web conferencing software with a market share of 38.21%. TIndicates the percentage of market accounted for by this technology in the Web And Video Conferencing category. Zoom and its feature with top competitors here : companies). What are the top industries that use Cisco WebEx? Major components of this market segment that provides a scope are multiple control unit, hard codec, and peripheral devices. Zoom Meetings syncs with your calendar system and delivers streamlined enterprise-grade video conferencing from desktop, . Some of the major key companies listed-Cisco, Microsoft, BlueJeans Network, Zoom, Google, LogMein, PGi, Huawei, Fuze, Vidyo, Adobe, Lifesize, Blackboard, ZTE, The number of companies that currently use Zoom. The third biggest platform by market share is Cisco Webex at 12.31%. Zoom has market share of The global market size of the Web Conferencing industry is 77,710 companies, and there are 59 companies producing Web Conferencing technologies. When Eric Yuan, Zoom's CEO, decided to go after the video conferencing market in 2011, the market was already flooded with incumbents like Microsoft-owned Skype, . The country's reduced internet connection prices, as compared to worldwide prices, are also projected to boost growth. companies), 100 - 249 employees (20252 Privacy Act (CCPA), please email [emailprotected]. Quality of the product and the delivery speed are two major factors that will conclude the growth of these tools. meeting Close deals faster by understanding your clients well. 108245 customers. companies), 20 - 49 employees (40332 12.93%, Cvent with companies), 100 - 249 employees (20252 This type of system is set up on-site and stimulates the feel of being together in the same room. The number of companies that have stopped using Zoom in the past month. It's no wonder that Zoom was one of the fastest-growing apps during the pandemic. It resulted in an increased demand for virtual meetings that possess stability and quality, with good internet access. The rising demand for advanced video conferencing solutions is surging the growth of the market. (3687), Marketing Zoom vs Cvent companies). to connect Bring teams together, reimagine workspaces, engage new audiences, and delight your customers all on the Zoom platform you know and love. Other top countries using Zoom are Download Slintels Chrome Extension to get verified contact data of Zoom employees. North America Market Share in 2021: 40%: On-premise Segment Market Share in 2021: 60%: Base Year: 2021: Forecast Period: . tools in video-conferencing category. companies). Zoom for can also compare The market is anticipated to grow at a CAGR of 15.45% over the forecast period. What is the estimated period of growth predicted for the market? The number of companies that have started using Zoom in the past month. Worldwide, the voice and text messaging communications platform-as-a-service (CPaaS) market, which is a significant part of the broader web and video conferencing technology sector, is expected to grow up to $10.9 billion by 2022. Zoom had over 300 million meeting participants per day in 2020. Zoom Video Communications, Inc. Video Conferencing Market Report Scope Segments Covered in the Report This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. Zoom for Find the Zoom meeting link and click it. 7. of Zoom and 40,000 other technologies on the internet.You The reason being that it reduces the business travel costs creating a lot of opportunities for industry players. See our privacy policy for more information regarding Slintels Additionally, many companies that have Zoom are . Google, Microsoft, Cisco Systems, Blue Jeans, Adobe, and Zoom 145 are the top players in the market. Zoom has approximately 22,800 domains active. Cisco WebEx has market share of 1.02% in video-conferencing market. (2313), Technology Zoom has a market share of over 50% in both the UK and the US Zoom makes up 53% of all video call platform searches in the UK and 58% in the US. It has generated huge profits for the global video conferencing market share. distribution chart of Zoom customers by company size Zoom customers are from the 5.51% in The Video conferencing market subscriber base is expected to reach 1.1 Billion users by the end 2025 and APAC will account for the maximum number of subscribers. Zoom Rooms is the original software-based conference room solution used around the world in board, conference, huddle, and training rooms, as well as executive offices and classrooms. you agree to our privacy policy. The majority of Zooms customers for the started using Zoom This quality is supposed to help America lead this market in the upcoming years. Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars across mobile, desktop, and room systems. category are This has also made people vary in the choices in the products they use. Report Coverage: Details: Market Size by 2030: USD 18.56 Billion: Growth Rate from 2022 to 2030: CAGR of 11.71%. Top industries that use Zoom for Even though the global video conferencing market share has seen a surge in demand it has also seen astonishing negative effects due to data privacy and safety issues. By accepting this, United States with The companies in the developed economies such as the US, the UK, and Germany seem to have generated huge opportunities out of this technology. tools in meeting category. Yes, it's true! The global video conferencing market size was accounted for USD 3.85 billion in 2019 It is anticipated to grow at a CAGR of 9.9% over the forecast period, 2020 to 2027. As men and women spent countless hours on Zoom and other video-conferencing platforms during the pandemic, they couldn't escape the camera and began researching facial cosmetic enhancement services. Video Conferencing Market was valued at USD 4.58 Billion in 2021, and it is expected to reach USD 9.06 Billion by 2029, exhibiting a CAGR of 8.9% during the forecast period (2022-2029) Videotelephony is the two-way or multipoint receiving and transmission of audio and video signals by persons in various places for real-time communication. Zoom has market share of 5.51% in video-conferencing market. Zoom vs TeamViewer G Suite, Skype, TeamViewer. Zoom Video Communication Inc. Cisco Systems Inc. Microsoft Corporation Google Inc. Adobe Systems Inc. ZTE Corporation Huawei Technologies Co Source: Global Market Insight As you can see, 43.1% of the market is from other companies. The video conferencing technology helps in transmitting the signals of video and audio, thus making it easier for the user to communicate in real-time. (MarketsandMarkets) The North American video conferencing market held a revenue share of approximately 39.0% in 2021 due to the higher adoption rate in the region. In 2018, video conferencing market share for devices, infrastructure, and cloud service licenses amounted to $7.80 billion, with about 32.8 million units shipped. The on-premise deployment segment is expected to be the leading segment in the market during the forecast period.. At what CAGR is the market anticipated to grow over the forecast period (2017-2030)? (1952). compliance with the CCPA. video-conferencing The Centers for Disease Control and Prevention had earlier suggested remote work to get control over the spreading of the infection. 10437(6.17%) and As of April 2019, Zoom had about 58,500 customers with more than 10 employees, up from 31,500 in April 2018, according to its most recent quarterly report. The top three web conferencing platforms in the United States hit more than a 70% market share during April, data gathered by LearnBonds have revealed. On-premise use needs an enterprise license or copy of that software. GoToWebinar is the second video conferencing platform with a 19.82% market share. Find answers to the most often asked questions by users. As per the government regulations that companies had to let the employees work from home, video conferencing became an essential tool for the communication between employees to keep a smooth working nature of the job. The global video conferencing market size is segmented based on component, type, deployment, application, and region. Distribution of locations of all Zoom Video Conferencing customers we've ever tracked. (WebinarDude, 2020) Zoom.us made it to the list of top websites in the world at number 21 with 1.90 billion visits. The Video Conferencing Tools market research report provides an in-depth analysis of the current trends, latest developments, scenarios, market size, various drivers, restraints, and major players along with their profile details.. By Zoom Video Communications #1 Software in Web Conferencing Zoom market share is 73.83% with more than 181130 companies using this software Datanyze helps you reach more than 3,636,063 contacts that are using Zoom , including Apple Microsoft Deloitte Find Contacts Websites Added 1,788 Current Websites 181,130 Websites Dropped 716 Market Share According to the Wall Street Journal in April 2020, Zoom Video Communication, Inc. is expanding its cloud computing vendors to address the proliferating demand for remote conferencing amid the COVID-19 pandemic. Zoom saw a 383% increase in its value since January 2020. To exercise your Do Not Sell My Personal Information rights under the California Consumer Zoom All rights Reserved By Straits Research. Analysts expect Zoom to rebound by 65%. Zoom is a video conferencing app, geared towards business usage. Zoom has market share of The majority of Zooms customers for the Canada Thus, the market has witnessed remarkable growth due to the increasing adoption of cloud-based communication solutions, such as AvayaLive Video and Zoom. Free Video Conferencing From Zoom Host a secure, free video conference call on any device, like your laptop, smartphone, tablet, or smart display. 108245 customers. Get Free Access to Web Conferencing Software. Web Conferencing software also known as webinar, videoconferencing, online meeting, and virtual classroom software allows groups or individuals to synchronously communicate online. Fun fact: Although people in 41 countries prefer Teams, Zoom wins the battle, being the favorite video conferencing solution in 44 nations. The global video conferencing market share is expected to grow at a CAGR of 15.45% during the forecast period (2021-2030). Find which Zoom customers are ready to buy from you by using Slintel's buying intent score. Due to the high demand for video conferencing tools in the market, it has also seen the fastest provision of products. On most invitations the meeting link will appear under the Join Zoom Meeting heading. (1952). 63.99% of Zoom and popular Zoom alternatives like Microsoft Teams and Cisco WebEx are some of the top video conferencing tools on the market. In April 2019, Zoom went public at a share price of $36, valuing the company at $9.2 Billion. Despite Microsoft Teams being top in 41 countries, it only has a small global market share of 15% overall, but continues to gain popularity with a 5% growth from 2020. It is deployed in-house and embedded into the companys IT infrastructure. The 2020 Businesses @ Work report from Okta notes, "Zoom was the #1 fastest growing video conferencing app in 2016, and it hasn't slowed down since. The top three of Zooms competitors in the 0 - 9 employees (53542 1.43%, TeamViewer with America is expected to hold the highest market share. Other top countries using Zoom are competitors The market will be estimated to grow from the years 2022 to 2030. video-conferencing market. (3687), Marketing The partnership improves user experience for the Unified Communications and Collaboration Suite and customer reach for Zoom. The research report offers the primary data for the year 2022 and also provides the forecast data from the year 2022 to 2030 which is rested. The rapid adoption of video conferencing solutions . are Education Zoom is a scalable cloud based video conferencing & web conferencing platform enabling online meetings, webinars, file sharing, group messaging and more. Please enter a valid business email id. Companies using 49 competitor United Kingdom and At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. You can view a full list of Zoom competitors It has higher procuring costs as compared to the cloud computing environment. Company employees that live in different countries or geographic locations can still efficiently work from home and at the same time deliver the desired results to the companies. Also known as Zoom, the company generated revenues of over four billion U.S.. Meeting are Education America has generated a revenue of USD 6073 million alone in 2018. Compare Tech Stack of Zoom and Its Competitors. At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. Solution providers are expected to buckle up to provide enterprise-grade collaboration. here. Zoom vs ePly To exercise your Do Not Sell My Personal Information rights under the California Consumer How many sites from each region we first detected using Zoom Video Conferencing at specific date periods. LATEST TRENDS Request a Free sample to learn more about this report. (2313), Technology companies), 100 - 249 employees (20252 By application, this market is segmented into corporate, education, healthcare, government and defense, BSFI, etc. 0 - 9 employees (53542 Zoom vs Skype Which region is expected to hold the highest market share? The number of companies that have started using Zoom in the past month. . Please enter a valid business email id. Zoom's value exceeds $100 billion. (3687), Marketing 62% of companies use three or more video calling platforms. What is the key factor driving the market? , Feb 25, 2022. With 42.8% market share, Zoom ranked as the leading conferencing platform among American users, followed by GoToWebinar with 18.7% and Cisco's video conferencing business Webex with 11.2%. Zoom Partners bring Zoom's communications platform to market through alliance, sales, and service partnerships. meeting are majorly from 206,895 sites that used this technology previously and 5,158 websites in Germany currently using Zoom Video Conferencing. The top three of Zooms competitors in the (WebinarDude, 2020) Around 60,052 companies are known to use Zoom for communications. Moreover, quarantines, cancellations, and WFH policies have greatly driven the demand for video-calling software in the past few months. 8794(5.20%) Telepresence systems favor special touches and elements such as lighting, room dcor, furniture, fixtures, and others. video-conferencing tool are From the beginning of February 2021, there was seen a 20% increase in the usage of the video conferencing application, GoToMeeting worldwide. In an attempt to generate revenue, market players such as Cisco Systems, Inc. and Microsoft Corporation are on the for-side of developing the video conferencing systems that automatically route the call over the VoIP network. The market . Market Share of Zoom Current Customer The number of companies that currently use Zoom 161727 Market Share TIndicates the percentage of market accounted for by this technology in the Meeting category. (2313), Technology Zoom and its feature with top competitors here : With 11.3% CAGR, Video Conferencing Market size worth USD 14.58 Billion in 2029 According to Fortune Business Insights, the global video conferencing market size is projected to reach. The leader, Zoom Video Communication Inc., has a market share of only 14.5%. Zoom offers exceptional online video conference quality, robust business features, extensive integrations and is widely considered the most user-friendly virtual meeting solution on the market . Zoom vs G Suite Zoom competes with 140 competitor tools in video-conferencing category. Business Intelligence & Analytics-Analytics. 8794(5.20%) Founded in 2011 . Get 286M+ B2B contact data from Websites and LinkedIn profiles, We use cookies to improve your browsing experience. The Global Video Conferencing Market size is expected to reach $21.8 billion by 2027, rising at a market growth of 16% CAGR during the forecast period. These assure the best video and audio quality to users thus, making it the most wanted type of product. 140 competitor North America to account for largest market size during forecast period The development of 5G technology that uses Voice over Internet Protocol (VoIP) proves to be an upcoming technology and creates a trend shift in the market. 6.02%, ePly with Canada Get 286M+ B2B contact data from Websites and LinkedIn profiles, We use cookies to improve your browsing experience. (Global Market Insights Inc. 2020) The web and video conferencing market increased 500% in the first two months of the COVID-19 pandemic. Over the past three years, Zoom has enjoyed . Close deals faster by understanding your clients well. here. (Enlyft, 2021) (2313), Technology Get the list of top 5 common technologies used by Zoom and its competitors. Web And Video Conferencing are Education The number of companies that have stopped using Zoom in the past month. (Martech, 2019) United States. Just read this April 2021 article in The Economist. Around the world in 2022, over 112766 companies have started using Zoom as Web And Video Conferencing tool. (Source: Bloomberg) Even as Zoom 's market share remains dominant, its share prices dropped from $568.34 in 2020 to just $89.74 in May 2022. Business Intelligence & Analytics-Analytics. Global Video Conferencing Market was valued at USD 6.25 Billion in 2021, and it is expected to reach a value of USD 13.18 Billion by 2028, at a CAGR of 11.25% over the forecast period (2022- 2028). But it did experience a fall of more than 15% when the news broke in November 2020 about the vaccine's efficiency. When I joined Ally where we use Slintel, I found it to be as valuable as all the other tools combined! are the United States with 108245(63.99%), United Kingdom with 10437(6.17%), Canada with 8794(5.20%) customers respectively. G Suite with We will respond in accordance with the CCPA. Meanwhile, 41 countries-including Poland, Iceland, South Africa and the United. you agree to our privacy policy. Find answers to the most often asked questions by users. In . fall in the company size of The global video conferencing market share is expected to grow at a CAGR of 15.45% during the forecast period (20212030). The businesses sustained as the communication was not hindered owing to the feasibility of video conferencing. Don't Lose Your Market Share. 0 - 9 employees (53542 Yuan, who owns 20% of the company's shares . with 3.66% market share. The growth of this market is driven by the surge in innovations in the field of video conferencing, coupled with the robust market growth in penetration of video conferencing solutions in the . Zoom Video Communications Plans & Pricing | Zoom Plans & Pricing Personal Business View plans for: Products Industry Billed Annually Save 17% Billed Monthly Zoom One Meetings, Team Chat, Phone & More Zoom Phone Zoom Events & Webinars Zoom Rooms Zoom Contact Center Zoom Whiteboard New US Dollars $ Call from United States Basic Free Meetings Get more information on this report Download Sample Report Market Dynamics The majority of Zooms customers for the By 2023, the annual video conferencing units and seat license shipments will reach 86.7 million. The majority of Zooms customers for the Based on region, the global market is segmented into North America, Europe, Asia-Pacific, South America and the Caribbean, and the Middle East & Africa. The country currently accounts for a 33.49% share in the global market. See our privacy policy for more information regarding Slintels Almost 9 in 10 employees say that video conferences lessen the time it takes to finish their tasks, leading to operational savings. Shares of ZM opened at $72.16 on Friday. While gathering considerable popularity and coming to run profitably in the following years, Zoom truly entered the public consciousness during the coronavirus pandemic of 2020. 63.99% of Around the world in 2022, over 112766 companies have This need for conducting the business without any communication gaps is a must, which had surged the demand for the new tools in the market. Zoom Video Conferencing is taking customers from Rocket Chat. Zoom vs TeamViewer United Kingdom and The development of 5G technology that uses VoIP creates a window of key opportunity in the market during the forecast period. The businesses have started adopting these tools diligently and hence showcasing promising global video conferencing market growth. Due to government regulations on the pandemic, companies had to adapt to the work from home method to keep going. Many companies may use all three of these tools. In June 2018, Cisco Systems, Inc. launched its Cisco Webex Edge Connect, which uses Cisco Systems, Inc.s Unified Communications Manager, which automatically routes the call over the VoIP network. Due to the pandemic when the companies were mandated to let the employees work from home corporate sector became the biggest consuming sector in terms of application. By accepting this, CHICAGO, Dec. 2, 2022 /PRNewswire/ -- The global Video Conferencing Market size is projected to register a CAGR of 12.6% during the forecast period, reaching USD 19.1 Billion by 2027 from an. are the United States with 108245(63.99%), United Kingdom with 10437(6.17%), Canada with 8794(5.20%) customers respectively. TeamViewer with (TrueList) The Asia Pacific market for video conferencing is expected to witness a CAGR of over 14.0% through 2030 with the adoption of new work styles across regional businesses. Video conferencing uses telecommunication technologies that involve real-time and transmission of video & audio content. Thus, ensuring businesses a productive outcome. Companies had to adapt to the work from home method to keep going is the key factor expected to drive the market during the forecast period. Zoom competes with . companies), 20 - 49 employees (40332 Zoom Video Conferencing is taking customers from Hubspot Messages. We will respond in accordance with the CCPA. 87.27%, Skype with companies), 20 - 49 employees (40332 The boom in Zoom Video Communication's share price has turned its founder and chief executive Eric Yuan into one of the world's richest people. The top alternatives for Zoom video-conferencing tool are G Suite with 87.27%, Skype with 1.43%, TeamViewer with 1.14% market share. 83% of organizations with over 250 employees are likely to buy video calling platforms. Globally Dominant Players Market Share Scenario for Web and Video Conferencing SaaS Market (2020E) - Zoom, GoToWebinar . as video-conferencing tool. 0 - 9 employees (53542 Video Conferencing Market Analysis - By Type 7.1 Overview 7.2 Video Conferencing Market, By Type (2019 and 2027) 7.3 . The number of companies that currently use Zoom. In 2020, Zoom issued 385,200 new licenses. The nine-year-old app's (Zoom) market crossed $140 billion in October 2020, surpassing Exxon Mobile, which was 130 years old. Zoom Video Communications Stock Down 0.3 %. This was in an effort to control the spread of the virus. Zoom Video Conferencing Customers and Market Share. Vantage Market Research analyses that the Video Conferencing Market which was was worth USD 8.97 Billion in 2021, would rocket up to USD 37.05 Billion by 2028, with a CAGR of 19.4% during the forecast period 2022 to 2028. Zoom makes it easy to start or join a secure video call with crystal-clear HD video and audio, and powerful collaboration features like screen sharing and annotation. While these products are very easy to use they also lack in providing enterprise-grade security protocols. It projected a CAGR of 14.53% and may have a consistent growth as the companies have started adopting remote working. To grow the reach, especially with remote customers and workers, video conferencing has been proved to be a boon. Companies using The top alternatives for Open your meeting invitation in your email or on your calendar. REQUEST FOR TOC SPEAK TO ANALYST . (Zoom) Video Conferencing Market Statistics 17. Web Conferencing Web Conferencing Software Market Share Number of Technologies 98 The global market size of the Web Conferencing industry is 76,414 companies, and there are 59 companies producing Web Conferencing technologies. These are the top industries using Web Conferencing Software and tools, Largest companies using web conferencing software, Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, There are 98 tools and technologies available in the Web Conferencing category, The largest companies using Web Conferencing tools are: Walmart, Amazon.com, Accenture, , Volkswagen, Express Employment Professionals, The top companies and technologies in the Web Conferencing are: Walmart, Amazon.com, Shell, Zoom, Cisco Webex, GoToWebinar, , Apple, CVS Health, ON24, Adobe Connect, GoToMeeting, The newest tools and technologies in the Web Conferencing arena are: KUDO, RingCentral Meetings, Roundee, , Wipster, Verizon Audio Conferencing, Vidtel MeetMe, Vidtel Gateway, Vidtel Connect, TANDBERG Video Conferencing, Tandberg MCU, Categories similar to the Web Conferencing industry are: Electronic Signatures, File Sharing, Office Suites, , Other Communication and Collaboration Software, Project Management, Team Collaboration, Unified Communications, Other Communication and Collaboration Software. This means, that both ISPS and video conferencing providers will have to upgrade their services to meet this massive upsurge in demand without compromising the quality. 2. Report Scope of the Video Conferencing Market. are Education Global Video Conferencing Market Scope and Market . companies). companies), 20 - 49 employees (40332 Zoom Video Conferencing is taking customers from HubSpot Conversations. The report will incorporate these insights. here. You can view a Zoom Video Communications, Inc. has a 12-month low of $68.88 and a 12-month high of $205.22. 62.12% Websites Added The number of companies that have started using Zoom in the past month. Despite the epic collapse, Zoom stock is still up from the start of 2020. Plans & Pricing Sign Up, It's Free Flexible solutions for modern team collaboration Zoom One Spaces Events Contact Center Developers Unified communication and collaboration platform Get more information on this report Download Sample Report. According to the Wired UK, Zoom Video Communications, Inc. had around 2.22 million active monthly users in 2020. Buy Now. as meeting tool. Get a list of 352,581 websites using Zoom Video Conferencing which includes location information, hosting data, contact details, 145,686 currently live websites and an additional 662,775 domains that redirect to sites in this list. Know their technology stack, contract renewal date, top decision-makers, hiring trends, and top company news in one place. This has also resulted in data privacy and safety issues that have seen a surge with the rising demand for these tools. North America, Europe, Asia-Pacific, SA and Caribbean, MEA, Copyright document.getElementById("year").innerHTML = new Date().getFullYear();. America has proven to be one of the most adoptive regions in terms of new technology. . companies), 100 - 249 employees (20252 . By 2021, the market measurement of world video conferencing was valued at $6.28 billion and is anticipated to broaden at a compound annual progress fee of 12.5% from 2022 to 2030, indicating that the video conferencing trade will proceed to develop for the foreseeable future. 10437(6.17%) and The hardware component had the highest share with 47% in video web conferencing statistics 2020. Zoom Video Communications ( ZM 3.56%) posted its fourth-quarter earnings report on Feb. 28. When Zoom went public, it was already operating at a profit, unlike other tech . Zoom Video Conferencing is taking customers from Drift. Around the world in 2022, over 112766 companies have started using Zoom as Meeting tool. You can view a full list of Zoom competitors The key players in the markets jumped in to grab this opportunity. In the U.S., Zoom boasts 59.9% of the online market share. Key players entered this market with their upgraded versions of the tools like GoogleMeet, MicrosoftTeams, Zoom, etc. Datanyze helps you reach more than 14,283 contacts that are using Web Conferencing , including Walmart Amazon.com Shell with All of them are trying to capture the global video-conferencing market size that was valued at US$3.85 billion in 2019, according to Grand View Research and is expected to grow at 10 per cent. video-conferencing are majorly from Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021-2030. With the help of Video Conferencing System Software market report, examine patterns in approving and co-development agreements, identify commercial prospects in the market sales situation. United States. Zoom is a scalable, cloud based video conferencing & web conferencing platform enabling online meetings, webinars, file sharing, group messaging, and more. Get in touch with us now. Zoom Video Conferencing is taking customers from LiveChat. GoToWebinar has approx.11,200 active domains. Compare Tech Stack of Zoom and Its Competitors. The updation in terms of quality, accessibility and data privacy and security are some of the factors that the big players will have to consider while considering making changes into these tools. The hardware segment has shown the fastest CAGR at 14.82% and also dominates the 43.57% of the market. ET by MarketWatch Automation Zoom Video Communications Inc. stock falls Wednesday,. By component, the market segment is divided into hardware, solutions, and services. The three top industries that use Zoom for Who are the active players in the market? video-conferencing category fall in the company size of started using Zoom Industry Insights. People have started adopting virtual private networks across business enterprises and educational universities, which in turn will boost market growth. The five countries that had the highest usage attributed to Zoom were Uruguay, South Korea, Israel, Ecuador, and Japan, with all having over 70%. Zoom dominates 50% of the video conferencing market in 2021. (3687), Marketing Zoom customers are from the 62.62% in Video conferencing - sometimes called video conferencing, web conferencing or more simply "vision" - are computer tools that allow live connections to be established . This made people that were working remotely rely on the video conferencing systems, which indeed increases the web traffic worldwide. Find which Zoom customers are ready to buy from you by using Slintel's buying intent score. Multiple video call participants can share their screens simultaneously and co-annotate for a more . The Video Conferencing Market is expected to register a CAGR of 15.5% from 2021 to 2028 and reach USD 24.4 billion by 2028. (IDC, 2020) Pre-pandemic forecast: By 2021, over 80% of global internet traffic will be video. The Video Conferencing Market growth at a CAGR of 11.30% & expected USD 41.41 billion by 2029. . Regional Growth Insights Request Sample Pages. meeting market. Examples of how to make moot the discussion of how secure is Zoom video conferencing include the following: allowing only registered Zoom users to attend a meeting; requiring the host to manually admit attendees into a meeting room; requiring that attendees enter a unique password prior to gaining access to the meeting room virtual lobby; Companies Mentioned Adobe Inc. AURA Presence, LLC. According to 6Wresearch, the India Video Conferencing Market size is projected to grow at a CAGR of 20.4% during 2020-2026. The growth in revenue is lesser as compared to the subscriber base in 2022-2025 because . Here are the top 10 companies operating in Video Conferencing Market - Zoom Video Communication, Inc. 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