Zoom User Statistics: How Many People Use Zoom In 2023?

 
Zoom is the most popular video meeting platform in the world. Since their launch, they have become very popular – over 400,000 people signed up in the first month. Since the COVID-19 Pandemic of 2020, the popularity has continued to increase. Zoom was ideally positioned when most of the globe went into a “work-from-home” mode to facilitate online video meetings for hundreds of millions of people around the world. What is the current state of Zoom? Zoom user statistics show how big Zoom users have become by 2023.

Zoom Key User Stats

Zoom is more than a desktop program. Zoom is available on both phones and tablets. Zoom’s mobile app has been downloaded 485,000,000 times since 2020. Here are some key Zoom revenue statistics and usage statistics. Zoom is one of the fastest-growing apps in 2020. Active meeting participants grew by 2,900%. Nearly 470,000 business customers pay for their services. They facilitate over 3.3 trillion minutes of meetings every year. In April 2020, they will have an average of 300 million daily participants. Zoom’s revenue for fiscal year 2021 increased 326% from year-to-year to $2.7 billion. Zoom’s growth has been phenomenal in 2020 and 2021. They have shown that they are able to handle rapid growth and can adapt to customer needs in any crisis.

Minutes for Meetings, Calls and Webinars

Zoom’s focus was previously on providing quality video conferences. As time went on, they changed their platform in order to accommodate many different types of communication. Zoom allows you to host video webinars and make calls.

Minutes of the Annual Meeting

Zoom hosts 3 trillion minutes of meetings each year. This is a 65 percent increase over the 2 trillion minutes of meetings held in the prior year. Zoom is not available to all users. Zoom has a free version. The free account allows users to host 45-minute meetings at a time. They are focusing on acquiring business customers, of which there are 470,000. They have both free and paid account holders, from small business owners to whole school organizations.

Annual Webinar Minutes

Zoom has become very popular for its live webinars and the ability to replay them. Zoom simplifies the process of presenting and communicating with webinar attendees. You can quickly share your screen with participants and mute or unmute them as required. Zoom has facilitated more than 45 trillion webinars in the third quarter of 2021. This is an increase of 7.14% on the 42 billion minutes recorded in the previous quarter. In Q4 2020, 3 billion webinar minutes will be recorded. Over 1,400% growth in webinars is insane. It’s not bad for a company that originally had no interest in focusing on webinars.

How many people use Zoom daily?

It’s one thing to look at the yearly Zoom statistics, but it’s another to see how many Zoom users there are every day. Zoom recorded 10 million participants in daily meetings back in December 2019. Since then, they have increased by more than 2,900% per day. Zoom has 300 million active users per day (per meeting) today. This growth occurred in less than two years.

Zoom is only used for work purposes.

Zoom’s primary focus is on businesses. Since the COVID-19 epidemic, many families are no longer able to communicate with each other. Zoom is now used by many business users, but also by many people who use Zoom for family and friend calls. Zoom is used by 89% of users for business purposes. 63% use Zoom to talk with friends and family. Many people use Zoom for both personal and work video calls.

Who is the largest contributor to Zoom’s revenue?

Zoom has a wide range of plans and products that can be tailored to your specific needs. Zoom cloud meeting products include:
  • Zoom meetings
  • Zoom phone
  • Zoom webinars and Events
  • Zoom rooms
  • Zoom united
The products are tailored to meet the needs of their diverse customer base, which has grown over the past two years. Zoom meetings is a popular app for those who require video communication. Remember Skype? It seems that this is slowly becoming a thing of the past. Zoom is the future of video communication. Zoom’s pricing starts at $14.99 a month, and it offers an enterprise plan to companies with many employees.

Zoom Revenue Overview

Zoom generated over 882 million in earnings during the last quarter of FY 2021. This is an increase of 13.5% on the previous quarter when they developed $777. Zoom’s earnings have increased dramatically over the last two years. The quarterly revenue has grown by 732.07% from $106 million in Q4 of FY 2019 Zoom is clearly a lucky company, with the pandemic as the primary reason for its huge growth. There are two things that they’ve done that are really impressive:
  1. They were able to handle that growth
  2. The company has maintained its customer base
Zoom’s ability to scale quickly is why they have been so successful in retaining a large portion of its revenue growth and usage.

Zoom Business Customers

Zoom’s revenue comes primarily from business customers. Zoom’s US Securities and Exchange Commission filings (SEC) revealed the number of paying clients Zoom has that have more than ten employees. Zoom has 467,100 customers and more than ten employees. Zoom has issued 285,200 licenses paid for in 2020, with its business client base increasing by 470.33%. You can see how quickly they’ve grown if you compare this to the two years before the pandemic. Zoom has grown by 217.44% between Jan 2018 and Jan 2020, which is still impressive. It is worth noting that the growth rate has been halved in the same amount of time from Jan 2020 to January 2021. The average annual increase was just 28,050 dollars over these two years.

Zoom Customers Contribute To More Than $100k In Revenue Each Year

Zoom customers contribute over $100,000 in revenue annually. Zoom Statistics – Interesting and important! Currently, 1644 business customers each pay over $100,000 per annum. These customers are known as 100k customers. Since the start of 2020, 100k customers have more than doubled. Zoom has added 1,003 large enterprise clients over the last year. Enterprise plan provides a variety of benefits for large businesses. Zoom’s revenue comes from companies that spend more than $100,000 per year on Zoom’s service. The average large business client pays plan fees of $108,529 on average. Zoom is extremely proud of the growing number of enterprise clients it has attracted. It’s not only about the revenue… When large companies adopt a new software program, they usually don’t make any changes. Companies don’t want to be constantly changing software and training new employees. Zoom will continue to enjoy the high revenue that these clients bring for many years.

Zoom Customers Contributing to More Than $1M in Revenue per Year

Did you think $100k a year was a lot of money? Zoom had 88 customers who contributed more than $1,000,000 in revenue annually as of Q2 FY 2021. It is a 225.92% revenue increase from customers with $1 million in revenue compared to Q2 of FY 2020. Zoom has 27 enterprise clients who will be paying Zoom at least $1,000,000 per year by 2020.

What about the “new” Zoom App for Mobile?

Zoom has developed a new app which can be downloaded at:
  • Apple App Store
  • Google Play Store
The app has received excellent ratings from Zoom active users. Zoom has grown because users can join meetings quickly from their mobile or tablet. Zoom in on these stats for the app.

Zoom Phone Users

Zoom Phone is Zoom’s second-largest product. Zoom Cloud allows users to use the Zoom cloud to perform audio conferencing by calling phone numbers. Zoom Phone was launched in 2019. Zoom has sold more than 1,000,000 phone seats in 44 countries. It’s important to note that they achieved this huge milestone in less than two years. It’s still going strong. Zoom Phone users have doubled since July 2020, adding 500,000 seats in only six months. This is especially useful for multinational companies and businesses that need to make regular calls overseas. Zoom Phone Pro Global Select Plan: You can choose to make unlimited international calls in 40 countries.

Zoom Phone Customers

Zoom Phone, like Zoom Meetings, is especially attractive for businesses with many employees. 10,700 Zoom Phone users have more than ten employees in their business. The number of paying clients with 10+ staff has increased by 84.48% over the last two quarters of 2020. Zoom Phone has seen a significant increase in the number of customers who pay more.

Zoom App Downloads

Since the start of 2020, Zoom app downloads have been at an all-time high. Zoom was downloaded over 485,000,000 times on Android and Google Play alone in 2020. Zoom’s downloads in 2019 were only 16 million. Download rates are impressive. In April 2020, the app was installed and downloaded 3.5 million times in one day. Zoom downloads have reached a new record in one day. The number of app downloads did not slow in 2021. Zoom was downloaded over 38,000,000 times in January 2021. Both Android and IOS were included:
  • Google Play Store – 24 million downloads
  • Apple App Store – 14 million downloads
Zoom’s app has been updated continuously on Android and Apple devices, making it one of the best video communication apps available. The competition has been left behind!

Wrapping it Up

This concludes the list of Zoom statistics. Zoom’s market capitalization has risen to almost $75 billion since the outbreak of the pandemic. They have successfully adapted to the rapidly increasing user base and are reaping the benefits. The word Zoom is now a verb. “Send me the link so we can zoom later today.” It is amazing how popular they have become. It will be fascinating to see how the world will change in a post-pandemic era and if Zoom can retain its current user base. They don’t seem to be slowing down as of yet!