1.14% market share. By 2023, the annual video conferencing units and seat license shipments will reach 86.7 million. See our privacy policy for more information regarding Slintels 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. Zoom has market share of With a strong internet connection, participants can see, hear, and talk to each other in real-time, no . 62% of companies use three or more video calling platforms. Gartner anticipated spending on cloud-based video conferencing to reach $3.1 billion in 2018 and expects a 4.4% growth in 2019. video-conferencing category Thus, the market has witnessed remarkable growth due to the increasing adoption of cloud-based communication solutions, such as AvayaLive Video and Zoom. Some of the major key companies listed-Cisco, Microsoft, BlueJeans Network, Zoom, Google, LogMein, PGi, Huawei, Fuze, Vidyo, Adobe, Lifesize, Blackboard, ZTE, Companies Mentioned Adobe Inc. AURA Presence, LLC. Report Scope of the Video Conferencing Market. 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. United Kingdom and It helps the user to talk over a video/audio call. 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 Video Conferencing Market is expected to register a CAGR of 15.5% from 2021 to 2028 and reach USD 24.4 billion by 2028. Thus, ensuring businesses a productive outcome. 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. What is the estimated period of growth predicted for the market? America is expected to hold the highest market share. 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. fall in the company size of The majority of Zooms customers for the The growing integration of technologies, such as Artificial Intelligence (AI), machine learning & the Internet of Things (IoT), in video conferencing products & solutions is propelling the industry growth. See our privacy policy for more information regarding Slintels 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 tools in meeting category. companies), 100 - 249 employees (20252 companies). The hardware segment has shown the fastest CAGR at 14.82% and also dominates the 43.57% of the market. 2. According to 6Wresearch, the India Video Conferencing Market size is projected to grow at a CAGR of 20.4% during 2020-2026. The number of companies that have started using Zoom in the past month. Zoom and popular Zoom alternatives like Microsoft Teams and Cisco WebEx are some of the top video conferencing tools on the market. Zoom vs Cvent What are the top industries that use Zoom? The market . meeting Zoom Meetings syncs with your calendar system and delivers streamlined enterprise-grade video conferencing from desktop, . Multiple video call participants can share their screens simultaneously and co-annotate for a more . (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. Followed by Cisco Webex and GoToWebinar. 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 Video Communications Stock Down 0.3 %. 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). companies). It has covered 34.7% of the global market followed by Europe at 29.8%. fall in the company size of Download Slintels Chrome Extension to get verified contact data of Zoom employees. 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. Which region is expected to hold the highest market share? (2313), Technology You can view a full list of Zoom competitors (2313), Technology Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends, by Component (Hardware, Solutions), Type (Room Bases, Desktop), Deployment (On-Premise), Application (Corporate), North America, Europe, Asia-Pacific, LAME and Rest of the World. category are Cisco WebEx competes with 138 competitor tools in video-conferencing category. Which is the leading segment in the market? What are the top industries that use Cisco WebEx? In the second quarter of 2021, Zoom's valuation even exceeded $100 billion. (3687), Marketing 8794(5.20%) The global video conferencing market was valued at USD 7.75 billion in 2020 and is expected to grow at a CAGR of 19.8% during the forecast period. with meeting category This might prove to become a game-changer as reaching remote places and expanding into new geographic locations become advantageous. 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; Video conferencing uses telecommunication technologies that involve real-time and transmission of video & audio content. The hardware component had the highest share with 47% in video web conferencing statistics 2020. companies), 20 - 49 employees (40332 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. meeting category 87.27%, Skype with Web And Video Conferencing category are G Suite with 87.27%, Skype with 1.43%, TeamViewer with 1.14% market share. video-conferencing tool are companies). Based on region, the global market is segmented into North America, Europe, Asia-Pacific, South America and the Caribbean, and the Middle East & Africa. To exercise your Do Not Sell My Personal Information rights under the California Consumer Many companies may use all three of these tools. 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. The development of 5G technology that uses VoIP creates a window of key opportunity in the market during the forecast period. Zoom Video Conferencing Customers and Market Share. Get the list of top 5 common technologies used by Zoom and its competitors. This type of system is set up on-site and stimulates the feel of being together in the same room. It has generated huge profits for the global video conferencing market share. Click Allow if you are prompted to open Zoom. LATEST TRENDS Request a Free sample to learn more about this report. The businesses have started adopting these tools diligently and hence showcasing promising global video conferencing market growth. 0 - 9 employees (53542 108245 customers. Zoom vs G Suite GoToWebinar has approx.11,200 active domains. Close deals faster by understanding your clients well. Zoom is a scalable cloud based video conferencing & web conferencing platform enabling online meetings, webinars, file sharing, group messaging and more. America has proven to be one of the most adoptive regions in terms of new technology. Solution providers are expected to buckle up to provide enterprise-grade collaboration. Find which Zoom customers are ready to buy from you by using Slintel's buying intent score. Companies using Know their technology stack, contract renewal date, top decision-makers, hiring trends, and top company news in one place. 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. Find answers to the most often asked questions by users. What is the key factor driving the market? Video Conferencing Market Analysis - By Type 7.1 Overview 7.2 Video Conferencing Market, By Type (2019 and 2027) 7.3 . The report will incorporate these insights. Organizations may face safety issues for their products and private data and this may cost them a hefty amount of loss. Zoom competes with The five countries that had the highest usage attributed to Zoom were Uruguay, South Korea, Israel, Ecuador, and Japan, with all having over 70%. The increasing entrance of key market players in the market along with the rising integration of . companies). 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. Other top countries using Zoom are competitors 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. Zoom customers are from the G Suite, Skype, TeamViewer. On most invitations the meeting link will appear under the Join Zoom Meeting heading. 3.66% market share. Zoom is a video conferencing app, geared towards business usage. Although Zoom has done a great job diversifying its product base with Zoom Contact . The third biggest platform by market share is Cisco Webex at 12.31%. Additionally, many companies that have Zoom are . It is deployed in-house and embedded into the companys IT infrastructure. Zoom competes with 140 competitor tools in video-conferencing category. Zooms Top competitors in the Add to Cart. Web And Video Conferencing are Education companies), 100 - 249 employees (20252 Montreal Council Of Women - Conseil Des Femmes De Montral, University Of Iowa Center For Advancement. category are 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. . (Global Market Insights Inc. 2020) The web and video conferencing market increased 500% in the first two months of the COVID-19 pandemic. 83% of organizations with over 250 employees are likely to buy video calling platforms. TIndicates the percentage of market accounted for by this technology in the Meeting category. you agree to our privacy policy. The three top industries that use Zoom for Get the list of top 5 common technologies used by Zoom and its competitors. United States. The majority of Zooms customers for the companies), 20 - 49 employees (40332 Video conferencing is a type of online meeting where two or more people can communicate with a live audio-video call. Distribution of locations of all Zoom Video Conferencing customers we've ever tracked. Zoom owns 49% of the global market share, and has seen the most substantial year-on-year growth of all the platforms. Zoom Video Conferencing is taking customers from Drift. Just read this April 2021 article in The Economist. This number only keeps growing and thus, projects a CAGR of 14.72% during the forecast period. Video conferencing - sometimes called video conferencing, web conferencing or more simply "vision" - are computer tools that allow live connections to be established . 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. (1952). The reason being that it reduces the business travel costs creating a lot of opportunities for industry players. (Martech, 2019) 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. Quality of the product and the delivery speed are two major factors that will conclude the growth of these tools. Buy Now. (Zoom) Video Conferencing Market Statistics 17. The top alternatives for 63.99% of . (3687), Marketing The country's reduced internet connection prices, as compared to worldwide prices, are also projected to boost growth. Zoom Video Conferencing is taking customers from LiveChat. as meeting tool. Zoom vs Skype 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. 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. At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. Zoom has market share of Major components of this market segment that provides a scope are multiple control unit, hard codec, and peripheral devices. United States with Datanyze helps you reach more than 14,283 contacts that are using Web Conferencing , including Walmart Amazon.com Shell Zoom The number of companies that have stopped using Zoom in the past month. 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. G Suite with can also compare 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. Zoom is the number one video conferencing platform, at 40.49% market share. of Zoom and 40,000 other technologies on the internet.You Zoom for (2313), Technology ET by MarketWatch Automation Zoom Video Communications Inc. stock falls Wednesday,. The top three geographies of Zoom for video-conferencing Get more information on this report Download Sample Report Market Dynamics (3687), Marketing The video conferencing market has seen significant growth in the last 2 years as work from home trend came into play. Zoom became the most well-known video-conferencing app during the COVID-19 after gaining about 635 % in 2020. TeamViewer, Cvent, ePly. These assure the best video and audio quality to users thus, making it the most wanted type of product. In . meeting tool are Adopting the growing remote workforce, the safety of private data has become an important challenge to deal with. Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021-2030. 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 . Shares of ZM opened at $72.16 on Friday. When Zoom went public, it was already operating at a profit, unlike other tech . The video conferencing software company's revenue rose 21% year-over-year to $1.07 billion, beating . tools in video-conferencing category. 6.2 Video Conferencing Market -Revenue and Forecast to 2027 (US$ Million) 7. Research expert covering the IT security & services market. 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)? Zoom and its feature with top competitors here : 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. Zoom Video Conferencing is taking customers from Hubspot Messages. Please enter a valid business email id. 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 . The number of companies that have started using Zoom in the past month. The nine-year-old app's (Zoom) market crossed $140 billion in October 2020, surpassing Exxon Mobile, which was 130 years old. Zoom saw a 383% increase in its value since January 2020. Know their technology stack, contract renewal date, top decision-makers, hiring trends, and top company news in one place. It was founded in 2011 by Eric Yuan, and launched in January 2013. Also known as Zoom, the company generated revenues of over four billion U.S.. Yuan, who owns 20% of the company's shares . 12.93%, Cvent with Slintel uses advanced data mining and AI algorithms to track customers and 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. In 2021, the global video conferencing market was worth 14.6 billion U.S. dollars. Around the world in 2022, over 112766 companies have started using Zoom as Meeting tool. The country currently accounts for a 33.49% share in the global market. (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. 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. Zoom for By accepting this, 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 top alternatives for When I joined Ally where we use Slintel, I found it to be as valuable as all the other tools combined! The global video conferencing market share is expected to grow at a CAGR of 15.45% during the forecast period (20212030). Zoom Video Communications, Inc. has a 12-month low of $68.88 and a 12-month high of $205.22. 140 competitor Zoom had over 300 million meeting participants per day in 2020. In 2020, Zoom issued 385,200 new licenses. You can view a full list of Zoom competitors 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. Canada (1952). In 2021, it generated a revenue of USD 13,047 million alone. started using Zoom The companies in the developed economies such as the US, the UK, and Germany seem to have generated huge opportunities out of this technology. It projected a CAGR of 14.53% and may have a consistent growth as the companies have started adopting remote working. 8794(5.20%) with According to the Wired UK, Zoom Video Communications, Inc. had around 2.22 million active monthly users in 2020. 7. are the United States with 108245(63.99%), United Kingdom with 10437(6.17%), Canada with 8794(5.20%) customers respectively. companies), 100 - 249 employees (20252 are the United States with 108245(63.99%), United Kingdom with 10437(6.17%), Canada with 8794(5.20%) customers respectively. customers respectively. 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. . 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. Cisco WebEx has market share of 1.02% in video-conferencing market. Find which Zoom customers are ready to buy from you by using Slintel's buying intent score. Meanwhile, 41 countries-including Poland, Iceland, South Africa and the United. The telepresence segment is the most expensive amongst all the others available in the market. 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. Canada Top industries that use Zoom for 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. meeting (2313), Technology By accepting this, The market will be estimated to grow from the years 2022 to 2030. All rights Reserved By Straits Research. Find the Zoom meeting link and click it. We will respond in accordance with the CCPA. 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. 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%. Get 286M+ B2B contact data from Websites and LinkedIn profiles, We use cookies to improve your browsing experience. REQUEST FOR TOC SPEAK TO ANALYST . 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. America as a region has been a major contributor to the global video conferencing industry because it is very adaptable and inclusive in nature. 10437(6.17%) and Due to the high demand for video conferencing tools in the market, it has also seen the fastest provision of products. In terms of revenue, the Market is forecast to grow by 125% in 2020-2021 and 22% in 2022-2025. It has higher procuring costs as compared to the cloud computing environment. 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 . From the beginning of February 2021, there was seen a 20% increase in the usage of the video conferencing application, GoToMeeting worldwide. Yes, it's true! here. Zoom Video Conferencing is taking customers from Rocket Chat. to connect Bring teams together, reimagine workspaces, engage new audiences, and delight your customers all on the Zoom platform you know and love. compliance with the CCPA. 10437(6.17%) and Don't Lose Your Market Share. To grow the reach, especially with remote customers and workers, video conferencing has been proved to be a boon. Close deals faster by understanding your clients well. United States with Founded in 2011 . How many sites from each region we first detected using Zoom Video Conferencing at specific date periods. can also compare competitors Get more information on this report Download Sample Report. The leader, Zoom Video Communication Inc., has a market share of only 14.5%. Meeting category are TeamViewer with 12.93%, Cvent with 6.02%, ePly with 3.66% market share. The majority of Zooms customers for the Zoom vs ePly Zoom dominates 50% of the video conferencing market in 2021. Video conferencing is still in use and has kept the business continuity by bringing the world closer. Meeting are Education (WebinarDude, 2020) Around 60,052 companies are known to use Zoom for communications. companies), 20 - 49 employees (40332 You can view a The Video Conferencing Market growth at a CAGR of 11.30% & expected USD 41.41 billion by 2029. . 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. Zoom vs TeamViewer Telepresence systems favor special touches and elements such as lighting, room dcor, furniture, fixtures, and others. fall in the company size of Around the world in 2022, over 112766 companies have 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. What is the key opportunity in the market? 1.43%, TeamViewer with 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. TeamViewer with (3687), Marketing you agree to our privacy policy. video-conferencing 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. 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. here. Companies are trying to find a solution to enhance the interaction amongst the geographically dispersed team. Top industries that use Zoom for 62.12% Websites Added The number of companies that have started using Zoom in the past month. here. The global video conferencing market share is expected to grow at a CAGR of 15.45% during the forecast period (2021-2030). (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. The partnership improves user experience for the Unified Communications and Collaboration Suite and customer reach for Zoom. , Feb 25, 2022. The world needed good quality products that are easy to use and the market leaders did not disappoint. While these products are very easy to use they also lack in providing enterprise-grade security protocols. Zoom Video Conferencing is taking customers from HubSpot Conversations. Moreover, quarantines, cancellations, and WFH policies have greatly driven the demand for video-calling software in the past few months. 0 - 9 employees (53542 The global market size of the Web Conferencing industry is 77,710 companies, and there are 59 companies producing Web Conferencing technologies. customers respectively. 108245 customers. By type, the market is segmented into room bases, telepresence, and desktop. 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. (1952). GoToWebinar is the second video conferencing platform with a 19.82% market share. . America has generated a revenue of USD 6073 million alone in 2018. By deployment, the market is divided into on-premise or cloud-based platforms. This quality is supposed to help America lead this market in the upcoming years. fall in the company size of September 22, 2021. Download Slintels Chrome Extension to get verified contact data of Zoom employees. At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. Get in touch with us now. 206,895 sites that used this technology previously and 5,158 websites in Germany currently using Zoom Video Conferencing. Analysts expect Zoom to rebound by 65%. (Enlyft, 2021) Companies using The growth in revenue is lesser as compared to the subscriber base in 2022-2025 because . Fun fact: Although people in 41 countries prefer Teams, Zoom wins the battle, being the favorite video conferencing solution in 44 nations. Zoom webinar statistics reveal that the solution is the leading web conferencing software with a market share of 38.21%. Globally Dominant Players Market Share Scenario for Web and Video Conferencing SaaS Market (2020E) - Zoom, GoToWebinar . 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. 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. The businesses sustained as the communication was not hindered owing to the feasibility of video conferencing. Zoom Video Communications, Inc., founded in 2011, is a communications technology company in the United States. 5.51% in A qualitative research study comes with 115+ market data Tables, Pie Charts, Graphs & Figures spread through pages and easy . Privacy Act (CCPA), please email [emailprotected]. Datanyze helps you reach more than 14,704 contacts that are using Web Conferencing , including Walmart Amazon.com Shell, Zoom has the top spot for best Web Conferencing by market share. It's no wonder that Zoom was one of the fastest-growing apps during the pandemic. distribution chart of Zoom customers by company size Zoom is a scalable, cloud based video conferencing & web conferencing platform enabling online meetings, webinars, file sharing, group messaging, and more. 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. 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. Zoom The number of companies that currently use Zoom. General Zoom and Video Conferencing Statistics 1. (1952). Slintel uses advanced data mining and AI algorithms to track customers and The top three of Zooms competitors in the We will respond in accordance with the CCPA. The key players in the markets jumped in to grab this opportunity. (IDC, 2020) Pre-pandemic forecast: By 2021, over 80% of global internet traffic will be video. This made people that were working remotely rely on the video conferencing systems, which indeed increases the web traffic worldwide. 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 Business Intelligence & Analytics-Analytics. This was in an effort to control the spread of the virus. The majority of Zooms customers for the Free Video Conferencing From Zoom Host a secure, free video conference call on any device, like your laptop, smartphone, tablet, or smart display. TIndicates the percentage of market accounted for by this technology in the Web And Video Conferencing category. In the U.S., Zoom boasts 59.9% of the online market share. 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%. Around the world in 2022, over 112766 companies have Zooms Top competitors in the are Education Compare Tech Stack of Zoom and Its Competitors. 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. 6.02%, ePly with Key players entered this market with their upgraded versions of the tools like GoogleMeet, MicrosoftTeams, Zoom, etc. Here are the top 10 companies operating in Video Conferencing Market - Zoom Video Communication, Inc. (U.S.) It resulted in an increased demand for virtual meetings that possess stability and quality, with good internet access. Over the past three years, Zoom has enjoyed . here. companies), 20 - 49 employees (40332 When I joined Ally where we use Slintel, I found it to be as valuable as all the other tools combined! Zoom has approximately 22,800 domains active. The top three geographies of Zoom for meeting The Centers for Disease Control and Prevention had earlier suggested remote work to get control over the spreading of the infection. 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. Avaya. The three top industries that use Zoom for But it did experience a fall of more than 15% when the news broke in November 2020 about the vaccine's efficiency. started using Zoom Zoom Video Communications, Inc. and many more, and even the . Find answers to the most often asked questions by users. video-conferencing are majorly from The top alternatives for Zoom video-conferencing tool are G Suite with 87.27%, Skype with 1.43%, TeamViewer with 1.14% market share. In April 2019, Zoom went public at a share price of $36, valuing the company at $9.2 Billion. Zoom competes with video-conferencing market. 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. Zoom has 300 million daily meeting participants. 49 competitor distribution chart of Zoom customers by company size North America to account for largest market size during forecast period 50 compared to last month North America, Europe, Asia-Pacific, SA and Caribbean, MEA, Copyright document.getElementById("year").innerHTML = new Date().getFullYear();. And when narrowing the data to bigger Fortune 500 companies, the market share for Teams and Webex rose this quarter, while Zoom's declined. 62.62% in Industry Insights. 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. Privacy Act (CCPA), please email [emailprotected]. To exercise your Do Not Sell My Personal Information rights under the California Consumer Google, Microsoft, Cisco Systems, Blue Jeans, Adobe, and Zoom 145 are the top players in the market. (WebinarDude, 2020) Zoom.us made it to the list of top websites in the world at number 21 with 1.90 billion visits. 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. Other top countries using Zoom are The number of companies that currently use Zoom. The rapid adoption of video conferencing solutions . meeting market. 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. Zoom customers are from the 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. Global Video Conferencing Market Scope and Market . Compare Tech Stack of Zoom and Its Competitors. Due to government regulations on the pandemic, companies had to adapt to the work from home method to keep going. 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 286M+ B2B contact data from Websites and LinkedIn profiles, We use cookies to improve your browsing experience. 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. 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. United States. Regional Growth Insights Request Sample Pages. Zoom vs TeamViewer Get Free Access to Web Conferencing Software. United Kingdom and It was to Zoom that users across the world turned to stay in touch during the lockdown . 0 - 9 employees (53542 (TrustRadius 2021) Back to top | Sources Video Conferencing Market Growth The video conferencing market is expected to surpass $50 billion by 2026. People have started adopting virtual private networks across business enterprises and educational universities, which in turn will boost market growth. Open your meeting invitation in your email or on your calendar. as video-conferencing tool. The rising demand for advanced video conferencing solutions is surging the growth of the market. North America Market Share in 2021: 40%: On-premise Segment Market Share in 2021: 60%: Base Year: 2021: Forecast Period: . The global video conferencing market size is segmented based on component, type, deployment, application, and region. This has also resulted in data privacy and safety issues that have seen a surge with the rising demand for these tools. This has given rise to the demand for essential office tools that are effective to have communication in a synchronized manner. 63.99% of Zoom and its feature with top competitors here : companies), 100 - 249 employees (20252 Zoom Video Communications ( ZM 3.56%) posted its fourth-quarter earnings report on Feb. 28. Who are the active players in the market? Video Conferencing Market size exceeded USD 15 billion in 2020 and is projected to expand at around 23% CAGR from 2021 to 2027. 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 Partners bring Zoom's communications platform to market through alliance, sales, and service partnerships. SHARE. By application, this market is segmented into corporate, education, healthcare, government and defense, BSFI, etc. Despite the epic collapse, Zoom stock is still up from the start of 2020. Around the world in 2022, over 112766 companies have started using Zoom as Web And Video Conferencing tool. Methodology video-conferencing Review the requirements for Zoom Rooms and workstations; How to use Zoom for beginners Join a Zoom meeting. By component, the market segment is divided into hardware, solutions, and services. The number of companies that have stopped using Zoom in the past month. video-conferencing category Please enter a valid business email id. This may bring a seamless and secure solution that will provide end-to-end encryption of the conversation. You can view a Zoom Video Communications Inc. stock rises Thursday, outperforms market Dec. 8, 2022 at 5:49 p.m. of Zoom and 40,000 other technologies on the internet.You On-premise use needs an enterprise license or copy of that software. Video conferencing is the method of communication that takes help of different kinds of telecommunication technologies with the real-time, two-way transmission of video & audio among people. Zoom has market share of 5.51% in video-conferencing market. 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