Zoom Business Customersīusiness customers are where Zoom makes the majority of their revenue. The ability for Zoom to scale rapidly is the reason they have been able to hold onto so much of their revenue and usage growth.

They have maintained their customer base.

They were able to handle all of that growth.

But there are 2 really impressive things they have done:

It’s clear that Zoom got pretty lucky with the pandemic being the main reason for such huge growth. The quarterly revenue has grown by 732.07%, increasing from $106 million back in Q4 of FY 2019. The last 2 years have been a dream for Zoom in terms of earnings.

That is 7.14% growth on the previous quarter which was 42 billion. Zoom facilitated over 45 billion webinar minutes in Q3 of 2021. You can share your screen and quickly mute/unmute participants as needed. Zoom makes it easy for webinar facilitators to present and communicate with attendees. Live webinars and even facilitating webinar replays have become very popular on Zoom. The focus for them is to acquire business customers of which they have 470,000.īetween both free and paid accounts they have hundreds of millions of people relying on them for online meetings from business owners to entire school organisations. Users on the free account can host meetings for 45 minutes at a time. Not all of these users pay for a Zoom subscription. That is a 65% increase from 2 trillion meeting minutes hosted in the previous year. Zoom hosts 3.3 trillion meeting minutes each year. You can now use Zoom to make phone calls and even host live video webinars. Zoom has previously just focussed on facilitating quality video meetings.īut as time goes on they have changed their platform to cater for lots of different kinds of communication. They have proven that they can handle rapid growth and adapt to customers’ needs even in a crisis. Zoom’s total revenue for the fiscal year of 2021 grew 326% year over year to $2.7 billion.In April 2020 they had an average of 300 million daily meeting participants.The amount of meeting minutes they facilitate every year is now over 3.3 trillion.They have almost 470,000 paying business customers.Zoom was one of the fastest-growing apps in 20 with active meeting participants growing by 2,900%.

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