Zoom offers different subscription levels, depending on company size and needed functionality. People can even download Zoom’s mobile app for on-the-go meetings. They download the Zoom app for PCs or Macs and set up an account. Participants do not need to pay to join a Zoom meeting. All of these changes bode well for Zoom’s continued success. As a result, more than 60% of employers plan to increase spending on virtual collaboration tools and training. Most of its growth comes from the increase in remote workers as more companies continue to operate with a remote or hybrid workforce.ĭespite claims that remote employees would be less productive, a recent survey found that 52% of employers said their employees were more productive when working from home. The company expects sales to grow at least 40% in 2021. Zoom’s sales rose 326% in 2020, and profits went from $21.7 million in 2019 to $671.5 million in 2020. Other virtual collaborative solutions such as Goggle Meet and Cisco WebEx saw increased usage in 2020, but no company matched Zoom’s rapid growth. Individuals participating in a Zoom meeting can connect for free. Whether someone is looking for Zoom app download for pc or Zoom app for Mac, and because the application works on devices running Mac, iOS, Windows, Linux, and Android operating systems, it’s easy to stay connected no matter the device.īusinesses are charged for the service, although Zoom offers free versions for personal and small business use. Businesses use Zoom to hold meetings, give webinars, and chat, and individuals use it to stay in touch with friends and family. Zoom meeting software is a cloud-based video communications application that facilitates collaboration through virtual audio and video conferencing.
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