The companies in the developed economies such as the US, the UK, and Germany seem to have generated huge opportunities out of this technology. To grow the reach, especially with remote customers and workers, video conferencing has been proved to be a boon. And when narrowing the data to bigger Fortune 500 companies, the market share for Teams and Webex rose this quarter, while Zoom's declined. Video conferencing is still in use and has kept the business continuity by bringing the world closer. Founded in 2011 . Which region is expected to hold the highest market share? In . fall in the company size of Some of the major key companies listed-Cisco, Microsoft, BlueJeans Network, Zoom, Google, LogMein, PGi, Huawei, Fuze, Vidyo, Adobe, Lifesize, Blackboard, ZTE, You can view a full list of Zoom competitors Zoom Meetings syncs with your calendar system and delivers streamlined enterprise-grade video conferencing from desktop, . Find which Zoom customers are ready to buy from you by using Slintel's buying intent score. 8794(5.20%) 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. 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. 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. Due to government regulations on the pandemic, companies had to adapt to the work from home method to keep going. Zoom competes with Cisco WebEx competes with 138 competitor tools in video-conferencing category. Almost 9 in 10 employees say that video conferences lessen the time it takes to finish their tasks, leading to operational savings. companies). Research expert covering the IT security & services market. customers respectively. United States with Organizations may face safety issues for their products and private data and this may cost them a hefty amount of loss. Zoom and popular Zoom alternatives like Microsoft Teams and Cisco WebEx are some of the top video conferencing tools on the market. How many sites from each region we first detected using Zoom Video Conferencing at specific date periods. It resulted in an increased demand for virtual meetings that possess stability and quality, with good internet access. By 2023, the annual video conferencing units and seat license shipments will reach 86.7 million. started using Zoom The number of companies that currently use Zoom. are the United States with 108245(63.99%), United Kingdom with 10437(6.17%), Canada with 8794(5.20%) customers respectively. Global Video Conferencing Market Scope and Market . 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). here. Get the list of top 5 common technologies used by Zoom and its competitors. Which is the leading segment in the market? category are 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 . 0 - 9 employees (53542 The number of companies that have stopped using Zoom in the past month. What are the top industries that use Zoom? (Martech, 2019) The telepresence segment is the most expensive amongst all the others available in the market. This has also made people vary in the choices in the products they use. Get more information on this report Download Sample Report. 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. See our privacy policy for more information regarding Slintels At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. 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 hardware component had the highest share with 47% in video web conferencing statistics 2020. Although Zoom has done a great job diversifying its product base with Zoom Contact . (3687), Marketing video-conferencing are Education Video conferencing - sometimes called video conferencing, web conferencing or more simply "vision" - are computer tools that allow live connections to be established . 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. What is the key factor driving the market? 1.14% market share. G Suite, Skype, TeamViewer. Methodology The top three geographies of Zoom for video-conferencing Montreal Council Of Women - Conseil Des Femmes De Montral, University Of Iowa Center For Advancement. 7. (Zoom) Video Conferencing Market Statistics 17. This number only keeps growing and thus, projects a CAGR of 14.72% during the forecast period. The top alternatives for Zoom video-conferencing tool are G Suite with 87.27%, Skype with 1.43%, TeamViewer with 1.14% market share. 2. video-conferencing category Zoom dominates 50% of the video conferencing market in 2021. fall in the company size of The three top industries that use Zoom for The top three geographies of Zoom for meeting (2313), Technology The businesses have started adopting these tools diligently and hence showcasing promising global video conferencing market growth. Close deals faster by understanding your clients well. 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 vs TeamViewer 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. 10437(6.17%) and This was in an effort to control the spread of the virus. The global video conferencing market share is expected to grow at a CAGR of 15.45% during the forecast period (2021-2030). 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.. It has higher procuring costs as compared to the cloud computing environment. Get the list of top 5 common technologies used by Zoom and its competitors. meeting are majorly from 1.43%, TeamViewer with Web And Video Conferencing are Education Zoom had over 300 million meeting participants per day in 2020. fall in the company size of United States with You can view a full list of Zoom competitors Meeting category are TeamViewer with 12.93%, Cvent with 6.02%, ePly with 3.66% market share. Here are the top 10 companies operating in Video Conferencing Market - Zoom Video Communication, Inc. (U.S.) you agree to our privacy policy. Zoom vs Cvent Industry Insights. 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. Click Allow if you are prompted to open Zoom. 0 - 9 employees (53542 While these products are very easy to use they also lack in providing enterprise-grade security protocols. are the United States with 108245(63.99%), United Kingdom with 10437(6.17%), Canada with 8794(5.20%) customers respectively. All rights Reserved By Straits Research. 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 number of companies that have started using Zoom in the past month. Solution providers are expected to buckle up to provide enterprise-grade collaboration. started using Zoom Zooms Top competitors in the 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. Video conferencing uses telecommunication technologies that involve real-time and transmission of video & audio content. Followed by Cisco Webex and GoToWebinar. GoToWebinar has approx.11,200 active domains. (TrustRadius 2021) Back to top | Sources Video Conferencing Market Growth The video conferencing market is expected to surpass $50 billion by 2026. (Enlyft, 2021) Zoom vs ePly What are the top industries that use Cisco WebEx? The growth in revenue is lesser as compared to the subscriber base in 2022-2025 because . Compare Tech Stack of Zoom and Its Competitors. 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. Find the Zoom meeting link and click it. United Kingdom 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. 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 108245 customers. . meeting On most invitations the meeting link will appear under the Join Zoom Meeting heading. 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. Web And Video Conferencing category are G Suite with 87.27%, Skype with 1.43%, TeamViewer with 1.14% market share. 49 competitor The global video conferencing market share is expected to grow at a CAGR of 15.45% during the forecast period (20212030). 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. . 87.27%, Skype with 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. Major components of this market segment that provides a scope are multiple control unit, hard codec, and peripheral devices. (2313), Technology companies), 100 - 249 employees (20252 The rising demand for advanced video conferencing solutions is surging the growth of the market. By 2021, the market measurement of world video conferencing was valued at $6.28 billion and is anticipated to broaden at a compound annual progress fee of 12.5% from 2022 to 2030, indicating that the video conferencing trade will proceed to develop for the foreseeable future. Compare Tech Stack of Zoom and Its Competitors. (3687), Marketing The majority of Zooms customers for the This has given rise to the demand for essential office tools that are effective to have communication in a synchronized manner. When Eric Yuan, Zoom's CEO, decided to go after the video conferencing market in 2011, the market was already flooded with incumbents like Microsoft-owned Skype, . 6.2 Video Conferencing Market -Revenue and Forecast to 2027 (US$ Million) 7. 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. See our privacy policy for more information regarding Slintels In 2020, Zoom issued 385,200 new licenses. Despite the epic collapse, Zoom stock is still up from the start of 2020. companies), 20 - 49 employees (40332 Companies Mentioned Adobe Inc. AURA Presence, LLC. Please enter a valid business email id. By component, the market segment is divided into hardware, solutions, and services. Free Video Conferencing From Zoom Host a secure, free video conference call on any device, like your laptop, smartphone, tablet, or smart display. Zoom's value exceeds $100 billion. 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 and its feature with top competitors here : Slintel uses advanced data mining and AI algorithms to track customers and By type, the market is segmented into room bases, telepresence, and desktop. Many companies may use all three of these tools. The video conferencing software company's revenue rose 21% year-over-year to $1.07 billion, beating . The majority of Zooms customers for the are Education The world needed good quality products that are easy to use and the market leaders did not disappoint. Top industries that use Zoom for Fun fact: Although people in 41 countries prefer Teams, Zoom wins the battle, being the favorite video conferencing solution in 44 nations. What is the key opportunity in the market? It has generated huge profits for the global video conferencing market share. you agree to our privacy policy. Zoom vs TeamViewer At my previous organization we used Zoominfo and LInkedIn Navigator for contact, Bombora for intent and DiscoverOrg for account info. (1952). 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. Know their technology stack, contract renewal date, top decision-makers, hiring trends, and top company news in one place. The three top industries that use Zoom for Zoom vs Skype 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. Top industries that use Zoom for The global video conferencing market size is segmented based on component, type, deployment, application, and region. The leader, Zoom Video Communication Inc., has a market share of only 14.5%. By accepting this, 62.62% in United States. Telepresence systems favor special touches and elements such as lighting, room dcor, furniture, fixtures, and others. This type of system is set up on-site and stimulates the feel of being together in the same room. Zoom Video Communications Stock Down 0.3 %. Zoom has market share of Privacy Act (CCPA), please email [emailprotected]. Companies using You can view a Key players entered this market with their upgraded versions of the tools like GoogleMeet, MicrosoftTeams, Zoom, etc. meeting category 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 and its feature with top competitors here : 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 The report will incorporate these insights. The reason being that it reduces the business travel costs creating a lot of opportunities for industry players. to connect Bring teams together, reimagine workspaces, engage new audiences, and delight your customers all on the Zoom platform you know and love. Shares of ZM opened at $72.16 on Friday. Zoom competes with 140 competitor tools in video-conferencing category. This made people that were working remotely rely on the video conferencing systems, which indeed increases the web traffic worldwide. Meanwhile, 41 countries-including Poland, Iceland, South Africa and the United. Zooms Top competitors in the ET by MarketWatch Automation Zoom Video Communications Inc. stock falls Wednesday,. Zoom has market share of Canada The global market size of the Web Conferencing industry is 77,710 companies, and there are 59 companies producing Web Conferencing technologies. The increasing entrance of key market players in the market along with the rising integration of . (1952). Zoom webinar statistics reveal that the solution is the leading web conferencing software with a market share of 38.21%. 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. Find which Zoom customers are ready to buy from you by using Slintel's buying intent score. The businesses sustained as the communication was not hindered owing to the feasibility of video conferencing. Zoom saw a 383% increase in its value since January 2020. The video conferencing market has seen significant growth in the last 2 years as work from home trend came into play. REQUEST FOR TOC SPEAK TO ANALYST . Zoom Video Conferencing is taking customers from Drift. 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. 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. video-conferencing are majorly from 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. The majority of Zooms customers for the 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. of Zoom and 40,000 other technologies on the internet.You 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. (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. companies). Zoom is a video conferencing app, geared towards business usage. The majority of Zooms customers for the 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. Business Intelligence & Analytics-Analytics. here. Business Intelligence & Analytics-Analytics. 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 . Review the requirements for Zoom Rooms and workstations; How to use Zoom for beginners Join a Zoom meeting. of Zoom and 40,000 other technologies on the internet.You 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. Find answers to the most often asked questions by users. 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. companies), 100 - 249 employees (20252 SHARE. Download Slintels Chrome Extension to get verified contact data of Zoom employees. here. (3687), Marketing Zoom Video Communications ( ZM 3.56%) posted its fourth-quarter earnings report on Feb. 28. Zoom Video Conferencing is taking customers from LiveChat. When Zoom went public, it was already operating at a profit, unlike other tech . By deployment, the market is divided into on-premise or cloud-based platforms. (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. Analysts expect Zoom to rebound by 65%. Around the world in 2022, over 112766 companies have started using Zoom as Meeting tool. companies), 100 - 249 employees (20252 To exercise your Do Not Sell My Personal Information rights under the California Consumer What is the estimated period of growth predicted for the market? fall in the company size of 63.99% of 50 compared to last month 63.99% of It has covered 34.7% of the global market followed by Europe at 29.8%. companies). customers respectively. 62.12% Websites Added The number of companies that have started using Zoom in the past month. 6.02%, ePly with 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. 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