The app has received excellent reviews from Zoom active users. Zoom built a brand new app that can be downloaded from the: What About The “New” Zoom App For Mobile? In terms of enterprise users, Zoom had 27 clients paying at least $1 million per year in 2020. This works out to be a 225.92% increase in revenue from $1 million customers compared to the same quarter of 2020. Zoom has 88 customers contributing more than $1 million in annual revenue as of Q2 of FY 2021. Zoom Customers Contributing To More Than $1M Revenue Per Year Zoom is likely to hold on to most of these clients for years to come enjoying the large amounts of revenue they continue to bring. Training new employees and constantly switching software isn’t something companies want to do regularly. When large companies adopt new software, they typically don’t change. The growing enterprise clients that Zoom has amassed is very important to them.Īnd it’s not just because of the revenue… The average large enterprise client pays $108,529 in plan fees. The enterprise plan offers a number of extra benefits to large companies.Ībout 18% of Zooms quarterly revenue is generated from organisations that pay over $100,000 each year for Zoom’s services. Zoom added 1,003 new large enterprise customers over the course of last year. The number of 100k customers has more than doubled since the beginning of 2020. These customers are called 100k customers. These interesting Zoom statistics are important.Ĭurrently, 1,644 business customers pay more than $100,000 per year each. Zoom has customers that contribute more than $100,000 in revenue each year. Zoom Customers Contributing To More Than $100k Revenue Per Year Over this 2 year period, an average of just 28,050 was added each year. Zoom issued 285,200 paid licenses in 2020 alone with their business customer base growing by 470.33%.Ĭompare this with the 2 year period before the pandemic and you’ll see just how fast they have grown.įrom Jan 2018 to Jan 2020 Zoom grew by 217.44% which is still pretty impressive.īut that is half the amount of growth in double the amount of time compared with Jan 2020 to Jan 2021. Zoom has 467,100 paying customers that have more than 10 employees. Zoom’s US Securities and Exchange Commission (SEC) filings disclosed the number of paying customers Zoom has with more than 10 employees. 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.
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