1.14% market share. 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. Get in touch with us now. The country currently accounts for a 33.49% share in the global market. Video Conferencing Market Analysis - By Type 7.1 Overview 7.2 Video Conferencing Market, By Type (2019 and 2027) 7.3 . Compare Tech Stack of Zoom and Its Competitors. 87.27%, Skype with The global video conferencing market share is expected to grow at a CAGR of 15.45% during the forecast period (20212030). can also compare All rights Reserved By Straits Research. What is the key factor driving the market? companies), 20 - 49 employees (40332 Zoom vs ePly These assure the best video and audio quality to users thus, making it the most wanted type of product. Shares of ZM opened at $72.16 on Friday. It is deployed in-house and embedded into the companys IT infrastructure. The hardware component had the highest share with 47% in video web conferencing statistics 2020. You can view a full list of Zoom competitors 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. Zoom has market share of 5.51% in video-conferencing market. According to the Wired UK, Zoom Video Communications, Inc. had around 2.22 million active monthly users in 2020. Zooms Top competitors in the 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 . The reason being that it reduces the business travel costs creating a lot of opportunities for industry players. Zoom dominates 50% of the video conferencing market in 2021. Multiple video call participants can share their screens simultaneously and co-annotate for a more . 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. 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 has approximately 22,800 domains active. video-conferencing Zoom is the number one video conferencing platform, at 40.49% market share. The global market size of the Web Conferencing industry is 77,710 companies, and there are 59 companies producing Web Conferencing technologies. This was in an effort to control the spread of the virus. 0 - 9 employees (53542 Zoom Video Conferencing is taking customers from Hubspot Messages. Zoom for It projects a CAGR of 16.45% by the end of 2030. This quality is supposed to help America lead this market in the upcoming years. (2313), Technology It has generated huge profits for the global video conferencing market share. 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 software company's revenue rose 21% year-over-year to $1.07 billion, beating . The global video conferencing market size is segmented based on component, type, deployment, application, and region. Here are the top 10 companies operating in Video Conferencing Market - Zoom Video Communication, Inc. (U.S.) Also known as Zoom, the company generated revenues of over four billion U.S.. 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. Please enter a valid business email id. 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 Due to government regulations on the pandemic, companies had to adapt to the work from home method to keep going. 1.43%, TeamViewer with TIndicates the percentage of market accounted for by this technology in the Web And Video Conferencing category. (3687), Marketing video-conferencing are majorly from This might prove to become a game-changer as reaching remote places and expanding into new geographic locations become advantageous. 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. Find which Zoom customers are ready to buy from you by using Slintel's buying intent score. The number of companies that have stopped using Zoom in the past month. here. Get 286M+ B2B contact data from Websites and LinkedIn profiles, We use cookies to improve your browsing experience. TIndicates the percentage of market accounted for by this technology in the Meeting category. here. 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%. 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. 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. Almost 9 in 10 employees say that video conferences lessen the time it takes to finish their tasks, leading to operational savings. meeting Zoom Video Conferencing Customers and Market Share. 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. Get more information on this report Download Sample Report Market Dynamics Zoom Video Conferencing is taking customers from Drift. started using Zoom Meeting are Education In the U.S., Zoom boasts 59.9% of the online market share. meeting category Zoom Video Communications, Inc., founded in 2011, is a communications technology company in the United States. The third biggest platform by market share is Cisco Webex at 12.31%. 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. Companies using tools in video-conferencing category. 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. Top industries that use Zoom for The report will incorporate these insights. are Education It's no wonder that Zoom was one of the fastest-growing apps during the pandemic. Privacy Act (CCPA), please email [emailprotected]. 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. In . At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. 206,895 sites that used this technology previously and 5,158 websites in Germany currently using Zoom Video Conferencing. meeting compliance with the CCPA. On-premise use needs an enterprise license or copy of that software. 63.99% of Additionally, many companies that have Zoom are . . The number of companies that currently use Zoom. 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 . But it did experience a fall of more than 15% when the news broke in November 2020 about the vaccine's efficiency. Key players entered this market with their upgraded versions of the tools like GoogleMeet, MicrosoftTeams, Zoom, etc. Solution providers are expected to buckle up to provide enterprise-grade collaboration. America has proven to be one of the most adoptive regions in terms of new technology. LATEST TRENDS Request a Free sample to learn more about this report. 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%. companies). 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. 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 five countries that had the highest usage attributed to Zoom were Uruguay, South Korea, Israel, Ecuador, and Japan, with all having over 70%. This may bring a seamless and secure solution that will provide end-to-end encryption of the conversation. Zoom is a video conferencing app, geared towards business usage. This made people that were working remotely rely on the video conferencing systems, which indeed increases the web traffic worldwide. customers respectively. Quality of the product and the delivery speed are two major factors that will conclude the growth of these tools. (WebinarDude, 2020) Zoom.us made it to the list of top websites in the world at number 21 with 1.90 billion visits. (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. North America, Europe, Asia-Pacific, SA and Caribbean, MEA, Copyright document.getElementById("year").innerHTML = new Date().getFullYear();. In April 2019, Zoom went public at a share price of $36, valuing the company at $9.2 Billion. 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. Zoom customers are from the Zoom Video Communications, Inc. has a 12-month low of $68.88 and a 12-month high of $205.22. The nine-year-old app's (Zoom) market crossed $140 billion in October 2020, surpassing Exxon Mobile, which was 130 years old. Cisco WebEx has market share of 1.02% in video-conferencing market. 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. 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)? (Enlyft, 2021) Telepresence systems favor special touches and elements such as lighting, room dcor, furniture, fixtures, and others. 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. (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 . See our privacy policy for more information regarding Slintels Business Intelligence & Analytics-Analytics. Zoom competes with The top three geographies of Zoom for video-conferencing 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. Zoom customers are from the 5.51% in 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. Other top countries using Zoom are Zoom competes with 140 competitor tools in video-conferencing category. The businesses sustained as the communication was not hindered owing to the feasibility of video conferencing. Zoom competes with Report Coverage: Details: Market Size by 2030: USD 18.56 Billion: Growth Rate from 2022 to 2030: CAGR of 11.71%. companies), 100 - 249 employees (20252 In 2021, it generated a revenue of USD 13,047 million alone. 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. Add to Cart. 62.62% in The top three of Zooms competitors in the Zoom is a scalable cloud based video conferencing & web conferencing platform enabling online meetings, webinars, file sharing, group messaging and more. Regional Growth Insights Request Sample Pages. This number only keeps growing and thus, projects a CAGR of 14.72% during the forecast period. 0 - 9 employees (53542 to connect Bring teams together, reimagine workspaces, engage new audiences, and delight your customers all on the Zoom platform you know and love. tools in meeting category. North America Market Share in 2021: 40%: On-premise Segment Market Share in 2021: 60%: Base Year: 2021: Forecast Period: . 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 number of companies that have started using Zoom in the past month. 62% of companies use three or more video calling platforms. Find answers to the most often asked questions by users. Zoom Video Communications, Inc. and many more, and even the . Zoom and popular Zoom alternatives like Microsoft Teams and Cisco WebEx are some of the top video conferencing tools on the market. Zoom for It has higher procuring costs as compared to the cloud computing environment. Many companies may use all three of these tools. 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 What is the estimated period of growth predicted for the market? companies), 100 - 249 employees (20252 companies), 20 - 49 employees (40332 fall in the company size of 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. Review the requirements for Zoom Rooms and workstations; How to use Zoom for beginners Join a Zoom meeting. America is expected to hold the highest market share. Web And Video Conferencing category are G Suite with 87.27%, Skype with 1.43%, TeamViewer with 1.14% market share. G Suite with Google, Microsoft, Cisco Systems, Blue Jeans, Adobe, and Zoom 145 are the top players in the market. Zoom North America to account for largest market size during forecast period (3687), Marketing Zoom and its feature with top competitors here : This has given rise to the demand for essential office tools that are effective to have communication in a synchronized manner. 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. Zoom has 300 million daily meeting participants. The three top industries that use Zoom for (2313), Technology 2. Get Free Access to Web Conferencing Software. The majority of Zooms customers for the Zoom had over 300 million meeting participants per day in 2020. started using Zoom Business Intelligence & Analytics-Analytics. as meeting tool. 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. From the beginning of February 2021, there was seen a 20% increase in the usage of the video conferencing application, GoToMeeting worldwide. The 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. Research expert covering the IT security & services market. Around the world in 2022, over 112766 companies have started using Zoom as Web And Video Conferencing tool. (2313), Technology Canada It was founded in 2011 by Eric Yuan, and launched in January 2013. 8794(5.20%) You can view a 0 - 9 employees (53542 83% of organizations with over 250 employees are likely to buy video calling platforms. meeting market. We will respond in accordance with the CCPA. Industry Insights. September 22, 2021. Moreover, quarantines, cancellations, and WFH policies have greatly driven the demand for video-calling software in the past few months. Know their technology stack, contract renewal date, top decision-makers, hiring trends, and top company news in one place. here. 108245 customers. The top alternatives for And when narrowing the data to bigger Fortune 500 companies, the market share for Teams and Webex rose this quarter, while Zoom's declined. Due to the high demand for video conferencing tools in the market, it has also seen the fastest provision of products. meeting category customers respectively. Top industries that use Zoom for 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. Zoom has market share of Please enter a valid business email id. 62.12% Websites Added The number of companies that have started using Zoom in the past month. United States. The growth in revenue is lesser as compared to the subscriber base in 2022-2025 because . 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. . The market is anticipated to grow at a CAGR of 15.45% over the forecast period. Founded in 2011 . companies), 100 - 249 employees (20252 Companies are trying to find a solution to enhance the interaction amongst the geographically dispersed team. The rapid adoption of video conferencing solutions . See our privacy policy for more information regarding Slintels The hardware segment has shown the fastest CAGR at 14.82% and also dominates the 43.57% of the market. Analysts expect Zoom to rebound by 65%. (WebinarDude, 2020) Around 60,052 companies are known to use Zoom for communications. While these products are very easy to use they also lack in providing enterprise-grade security protocols. Report Scope of the Video Conferencing Market. Meanwhile, 41 countries-including Poland, Iceland, South Africa and the United. 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 development of 5G technology that uses VoIP creates a window of key opportunity in the market during the forecast period. can also compare category are With a strong internet connection, participants can see, hear, and talk to each other in real-time, no . The majority of Zooms customers for the The rising demand for advanced video conferencing solutions is surging the growth of the market. fall in the company size of Zoom vs TeamViewer 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. The partnership improves user experience for the Unified Communications and Collaboration Suite and customer reach for Zoom. are the United States with 108245(63.99%), United Kingdom with 10437(6.17%), Canada with 8794(5.20%) customers respectively. Despite the epic collapse, Zoom stock is still up from the start of 2020. G Suite, Skype, TeamViewer. Click Allow if you are prompted to open Zoom. Around the world in 2022, over 112766 companies have started using Zoom as Meeting tool. companies). are the United States with 108245(63.99%), United Kingdom with 10437(6.17%), Canada with 8794(5.20%) customers respectively. 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. 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. 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. 7. America has generated a revenue of USD 6073 million alone in 2018. Just read this April 2021 article in The Economist. video-conferencing category 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.. of Zoom and 40,000 other technologies on the internet.You Methodology United Kingdom and Get the list of top 5 common technologies used by Zoom and its competitors. GoToWebinar has approx.11,200 active domains. 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. According to 6Wresearch, the India Video Conferencing Market size is projected to grow at a CAGR of 20.4% during 2020-2026. In 2020, Zoom issued 385,200 new licenses. Companies Mentioned Adobe Inc. AURA Presence, LLC. The Video Conferencing Market growth at a CAGR of 11.30% & expected USD 41.41 billion by 2029. . In the second quarter of 2021, Zoom's valuation even exceeded $100 billion. The majority of Zooms customers for the 10437(6.17%) and Gartner anticipated spending on cloud-based video conferencing to reach $3.1 billion in 2018 and expects a 4.4% growth in 2019. Get 286M+ B2B contact data from Websites and LinkedIn profiles, We use cookies to improve your browsing experience. Zoom Video Conferencing is taking customers from HubSpot Conversations. Close deals faster by understanding your clients well. What are the top industries that use Zoom? Video conferencing is still in use and has kept the business continuity by bringing the world closer. Find answers to the most often asked questions by users. you agree to our privacy policy. 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. 0 - 9 employees (53542 Zoom Video Communications Stock Down 0.3 %. United Kingdom and Zoom Meetings syncs with your calendar system and delivers streamlined enterprise-grade video conferencing from desktop, . Download Slintels Chrome Extension to get verified contact data of Zoom employees. (3687), Marketing are Education Free Video Conferencing From Zoom Host a secure, free video conference call on any device, like your laptop, smartphone, tablet, or smart display. Zoom Partners bring Zoom's communications platform to market through alliance, sales, and service partnerships. Video conferencing is a type of online meeting where two or more people can communicate with a live audio-video call. Open your meeting invitation in your email or on your calendar. Slintel uses advanced data mining and AI algorithms to track customers and Followed by Cisco Webex and GoToWebinar. Zoom owns 49% of the global market share, and has seen the most substantial year-on-year growth of all the platforms. Get more information on this report Download Sample Report. Globally Dominant Players Market Share Scenario for Web and Video Conferencing SaaS Market (2020E) - Zoom, GoToWebinar . At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. On most invitations the meeting link will appear under the Join Zoom Meeting heading. 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. 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). meeting are majorly from . Fun fact: Although people in 41 countries prefer Teams, Zoom wins the battle, being the favorite video conferencing solution in 44 nations. Other top countries using Zoom are (Zoom) Video Conferencing Market Statistics 17. distribution chart of Zoom customers by company size Companies using Zoom Video Conferencing is taking customers from LiveChat. Around the world in 2022, over 112766 companies have To grow the reach, especially with remote customers and workers, video conferencing has been proved to be a boon. The three top industries that use Zoom for Zoom Video Conferencing is taking customers from Rocket Chat. 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. The number of companies that currently use Zoom. Zoom The number of companies that have stopped using Zoom in the past month. It resulted in an increased demand for virtual meetings that possess stability and quality, with good internet access. Distribution of locations of all Zoom Video Conferencing customers we've ever tracked. 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. fall in the company size of Zoom became the most well-known video-conferencing app during the COVID-19 after gaining about 635 % in 2020. 108245 customers. 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. companies). GoToWebinar is the second video conferencing platform with a 19.82% market share. Zoom has market share of Zoom vs TeamViewer Privacy Act (CCPA), please email [emailprotected]. The companies in the developed economies such as the US, the UK, and Germany seem to have generated huge opportunities out of this technology. companies), 20 - 49 employees (40332 What are the top industries that use Cisco WebEx? 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. The video conferencing market has seen significant growth in the last 2 years as work from home trend came into play. 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. (Global Market Insights Inc. 2020) The web and video conferencing market increased 500% in the first two months of the COVID-19 pandemic. By 2023, the annual video conferencing units and seat license shipments will reach 86.7 million. Zoom webinar statistics reveal that the solution is the leading web conferencing software with a market share of 38.21%. United States with 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. Know their technology stack, contract renewal date, top decision-makers, hiring trends, and top company news in one place. 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. It was to Zoom that users across the world turned to stay in touch during the lockdown . It projected a CAGR of 14.53% and may have a consistent growth as the companies have started adopting remote working. Zoom Video Communications Inc. stock rises Thursday, outperforms market Dec. 8, 2022 at 5:49 p.m. By component, the market segment is divided into hardware, solutions, and services. Zoom vs G Suite Web Conferencing software also known as webinar, videoconferencing, online meeting, and virtual classroom software allows groups or individuals to synchronously communicate online. companies), 20 - 49 employees (40332 Thus, ensuring businesses a productive outcome. competitors distribution chart of Zoom customers by company size Major components of this market segment that provides a scope are multiple control unit, hard codec, and peripheral devices. You can view a (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. The telepresence segment is the most expensive amongst all the others available in the market. 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 Adopting the growing remote workforce, the safety of private data has become an important challenge to deal with. Meeting category are TeamViewer with 12.93%, Cvent with 6.02%, ePly with 3.66% market share. 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. Zoom Video Communications ( ZM 3.56%) posted its fourth-quarter earnings report on Feb. 28. In terms of revenue, the Market is forecast to grow by 125% in 2020-2021 and 22% in 2022-2025. category are Yuan, who owns 20% of the company's shares . Datanyze helps you reach more than 14,283 contacts that are using Web Conferencing , including Walmart Amazon.com Shell Some of the major key companies listed-Cisco, Microsoft, BlueJeans Network, Zoom, Google, LogMein, PGi, Huawei, Fuze, Vidyo, Adobe, Lifesize, Blackboard, ZTE, TeamViewer, Cvent, ePly. Over the past three years, Zoom has enjoyed . 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. By accepting this, When Zoom went public, it was already operating at a profit, unlike other tech . companies). 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. You can view a full list of Zoom competitors 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. The businesses have started adopting these tools diligently and hence showcasing promising global video conferencing market growth. Zoom saw a 383% increase in its value since January 2020. What is the key opportunity in the market? In 2021, the global video conferencing market was worth 14.6 billion U.S. dollars. Global Video Conferencing Market Scope and Market . . Zooms Top competitors in the When I joined Ally where we use Slintel, I found it to be as valuable as all the other tools combined! This has also resulted in data privacy and safety issues that have seen a surge with the rising demand for these tools. Organizations may face safety issues for their products and private data and this may cost them a hefty amount of loss. Find the Zoom meeting link and click it. Avaya. 140 competitor Yes, it's true! The top three of Zooms competitors in the with fall in the company size of (1952). This type of system is set up on-site and stimulates the feel of being together in the same room. To exercise your Do Not Sell My Personal Information rights under the California Consumer you agree to our privacy policy. Buy Now. 12.93%, Cvent with Although Zoom has done a great job diversifying its product base with Zoom Contact . 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. 8794(5.20%) (Martech, 2019) (TrustRadius 2021) Back to top | Sources Video Conferencing Market Growth The video conferencing market is expected to surpass $50 billion by 2026. Find which Zoom customers are ready to buy from you by using Slintel's buying intent score. The top three geographies of Zoom for meeting 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. By deployment, the market is divided into on-premise or cloud-based platforms. Web And Video Conferencing are Education Montreal Council Of Women - Conseil Des Femmes De Montral, University Of Iowa Center For Advancement. Don't Lose Your Market Share. The increasing entrance of key market players in the market along with the rising integration of . here. REQUEST FOR TOC SPEAK TO ANALYST . It has covered 34.7% of the global market followed by Europe at 29.8%. The number of companies that have started using Zoom in the past month. , Feb 25, 2022. 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. 49 competitor People have started adopting virtual private networks across business enterprises and educational universities, which in turn will boost market growth. 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. Slintel uses advanced data mining and AI algorithms to track customers and Get the list of top 5 common technologies used by Zoom and its competitors. SHARE. The country's reduced internet connection prices, as compared to worldwide prices, are also projected to boost growth. Around the world in 2022, over 112766 companies have 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. Cisco WebEx competes with 138 competitor tools in video-conferencing category. The majority of Zooms customers for the 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. video-conferencing market. 3.66% market share. Compare Tech Stack of Zoom and Its Competitors. (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. Close deals faster by understanding your clients well. This has also made people vary in the choices in the products they use. Video conferencing uses telecommunication technologies that involve real-time and transmission of video & audio content. 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. 10437(6.17%) and (2313), Technology 50 compared to last month The market will be estimated to grow from the years 2022 to 2030. It helps the user to talk over a video/audio call. video-conferencing tool are General Zoom and Video Conferencing Statistics 1. United States with companies), 100 - 249 employees (20252 To exercise your Do Not Sell My Personal Information rights under the California Consumer The top alternatives for Zoom video-conferencing tool are G Suite with 87.27%, Skype with 1.43%, TeamViewer with 1.14% market share. Thus, the market has witnessed remarkable growth due to the increasing adoption of cloud-based communication solutions, such as AvayaLive Video and Zoom. 6.02%, ePly with When I joined Ally where we use Slintel, I found it to be as valuable as all the other tools combined! 63.99% of We will respond in accordance with the CCPA. video-conferencing as video-conferencing tool. Zoom is a scalable, cloud based video conferencing & web conferencing platform enabling online meetings, webinars, file sharing, group messaging, and more. The Centers for Disease Control and Prevention had earlier suggested remote work to get control over the spreading of the infection. 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