Being able to connect with colleagues and customers around the world at the click of a button is convenient and cost-effective. The reasons for such a high rate of growth are myriad.Ĭompanies enjoy video conference options because they are significantly cheaper than traditional business travel and faster. According to Fortune Business Insights, the global video conferencing industry was over $3 billion in 2018.īy 2026, it is expected to swell to almost $6.4 billion – that is more than 200% growth in eight years.
The market for video conferencing services is massive and growing. Zoom also has some integrations that make it extra convenient, like calendar integration or synchronizing with the available equipment in a conference room. One statistic worth mentioning is that the Zoom platform can continue to stream a meeting even if one of the parties loses 40% of their connection.
Uber uses Zoom’s services as does HubSpot, NASDAQ, CareerBuilder, Box, 21st Century Fox, and Columbia Business School.Ĭase studies on the way those companies and organizations use Zoom all detail the two things that matter most in their industry – it is easy to use, and it works well. The company also offers an App Marketplace, a Conference Room Connector, and Zoom for Developers that leverages APIs and SDKs.įor the most part, Zoom positions itself as a collaboration tool – and it has an impressive client roster. – Zoom Video Webinars: for large-scale events up to 10,000 attendees and 100 panelists (only the panelists appear on video participants are view-only)
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