By April 2020, Zoom Video Communications had 300 million daily meeting participants worldwide. Only six months before that, at the end of 2019, this number stood at ** million meeting participants. The outbreak of the COVID-19 pandemic led businesses around the world to adopt Zoom as a solution to stay connected to employees and customers when working from different locations. This increased usage of the platform in 2020. Additionally, individuals use the Zoom video platform to stay connected to friends and family.
Zoom Video Communications had about ***** billion meetings hosted worldwide from July to September 2021. There was also a surge in the number of meetings on zoom since the first quarter of 2021. A slight decline was seen in the same year's second quarter only to recover by the third quarter.
In the UK, the number of daily active users (DAU) of Zoom reached a peak of roughly *** million towards the end of November, 2020. The video communications app saw the start of a huge increase in its DAU around the same time that the coronavirus outbreak hit the UK, as more and more people took part in virtual meetings for work, as well as for socializing with family and friends. This is according to data from Airnow.
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Zoom and Microsoft Teams continue to dominate how businesses, educational institutions, and remote workers communicate today. As hybrid work solidifies its place in corporate culture, both platforms are pressed to innovate, scale, and address user demands. From meeting sizes and AI tools to video quality and global reach, the competition...
In the third quarter of 2024, the mobile app of popular video communication platform Zoom recorded approximately 17.6 million downloads in the Asia-Pacific region. Downloads in North and Latin America were 9.3 million, a small decline compared to the previous quarter. Zoom grew in popularity in 2020 due to the global outbreak of coronavirus pandemic and its impact on in-real-life environments and offline activities. Between the first and the second quarter of 2020, downloads of the Zoom mobile app skyrocketed thanks to the widespread adoption of alternative communication media for work, schooling, and social activities among others. After both Microsoft Teams and Zoom experienced a peak in usage in 2020, downloads of the communication apps slowly decreased over 2021 and 2022. Who leads the meetings’ market? According to a survey conducted in 2023, meetings took most of the time for professionals in the United States, as they spent over 10 hours each week having work conversations with colleagues. In 2024, Zoom was the most used videoconferencing app, with a global market share of over 55 percent. Microsoft Teams followed, holding a share of the market of approximately 32 percent, while Go To Meeting had a market share of less than 10 percent. Zooming in: company financials and operations Zoom Video Communication’s revenue has experienced a constant increase since 2019. The company generated a revenue of over 4.5 billion U.S. dollars in their fiscal year of 2024, an increase of over 10 times compared to 2019 - the year in which Zoom entered the public market. During Zoom’s most recently reported quarterly results, the company generated around 170 million U.S. dollars in income from operations globally. In terms of spending on managerial operations, Zoom spent around 1.5 billion U.S. dollars on sales and marketing during 2024. Additionally, the spending on research and development amounts to over 800 million U.S. dollars. In 2024, Zoom’s workforce comprised of approximately 70 percent men and 29 percent women. Around 73 percent of leaders in the company were men, while women held 26 percent of leadership positions.
Financial overview and grant giving statistics of Zoom Education Foundation and Resources
Financial overview and grant giving statistics of Zoom Group Inc.
In March 2024, close to 732 million unique global visitors accessed Zoom.us, down from 880 million visitors six months before. Zoom is a videoconferencing platform that gained immense global popularity for remote work, distance education and online social relations during the COVID-19 pandemic.
Financial overview and grant giving statistics of Atl Zoom Athletics
Financial overview and grant giving statistics of Zoom Foundation
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Introduction
Video Conferencing Statistics: Video conferencing has quickly become a key tool for staying connected, especially in today’s fast-paced world. In 2024, the global video conferencing market is expected to reach $14.4 billion, growing at a rate of 10.4% each year.
The shift to remote work during the pandemic made platforms like Zoom, Microsoft Teams, and Google Meet more popular than ever, with Zoom alone having over 350 million daily users in 2023. Beyond just work, video calls are now changing the way we learn, receive healthcare, and engage with customers. As technology improves with AI, 5G, and virtual reality, video conferencing will only become more powerful and efficient in the years ahead.
Zoom Video Communication's revenue increased by a margin of nearly * percent in their fiscal year 2024, compared to the fiscal year 2023. In their fiscal year ending on January 31st, 2024, Zoom generated revenues of approximately *** billion U.S. dollars. The fiscal year end of the company is January, 31st.
In the six months ending March 2024, the United States accounted for 42.06 percent of traffic to the video calling service Zoom.us. Japan was ranked second, accounting for 4.26 percent of web visits to the platform.
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The CCTV Motorized Zoom Lenses market has emerged as a crucial segment within the broader security and surveillance industry, driven by the increasing demand for effective monitoring solutions. These sophisticated lenses allow for variable focal lengths, enabling security systems to capture distinct images from vari
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Experience the attraction 'Go Jetters Vroomster Zoom Ride' anew! Perfectly plan with statistics from December 2024 on waiting times or queue times and weather data.
Financial overview and grant giving statistics of Good Morning Zoom Covid-19 Relief Fund
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The Zoom Goggle market has emerged as a pivotal segment within the optical industry, particularly in the realm of augmented reality and enhanced visual experiences. These innovative devices, designed for both casual users and professionals, offer real-time magnification and virtual overlays that cater to various app
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Video conferencing has become a central part of how businesses, educators, and individuals connect efficiently, visibly, and in real time. From global boardrooms to virtual classrooms, platforms like Zoom and Teams create seamless interactions across distances. In healthcare and remote work, for instance, teleconsultations and hybrid meetings boost productivity and...
Zoom generated over *********** U.S. dollars in total revenue during the fourth quarter of the fiscal year 2024. An increase of around *** million U.S dollars from the fourth quarter of 2023. Zoom's revenue has seen an abundant increase since 2020.
By April 2020, Zoom Video Communications had 300 million daily meeting participants worldwide. Only six months before that, at the end of 2019, this number stood at ** million meeting participants. The outbreak of the COVID-19 pandemic led businesses around the world to adopt Zoom as a solution to stay connected to employees and customers when working from different locations. This increased usage of the platform in 2020. Additionally, individuals use the Zoom video platform to stay connected to friends and family.