The Zoom meeting and conference platform has earned its popularity in recent years.
Since its inception in 2011, it has risen to fame in the virtual conferencing and meetings realm. How many people use Zoom anyway?
Apparently, some of Zoom’s popularity in numbers and usage grew over the course of the COVID-19 pandemic since people needed a reliable way to meet face-to-face without being actually face-to-face in person.
The idea of virtual meetings and chats have overall become very widely used and wildly popular.
In the following article, we will address how many people use Zoom in 2023 and other relevant statistics about the platform.
How Many People Use Zoom in 2023?
The latest recorded number for how many people use Zoom is from 2020, which shows that the platform has over 300 million daily meeting participants.
At the corporate level, Zoom has 467,100 customers that employ over 10 people using the conferencing program. Overall, Zoom’s business customer base is 504,900 clients.
Additionally, there are 100,000 schools (at every level) using Zoom meetings.
The daily number of meeting participants per day has gone from 10 million in 2019 to over 300 million as of 2020. That is quite a jump in usage.
How Did Zoom Manage the Uptake in New Usage?
You may be wondering how Zoom handled the overwhelming uptake in new users and meetings during the pandemic.
Zoom managed to stay on top of issues through updates and upgrades before and after its massive uptake in usage.
One of the reasons Zoom climbed the ladder of popularity over the pandemic is because it quickly became known for being reliable, preventing issues with latency, and avoiding excessive or extensive outages that are off-putting to say the least to users.
In other words, Zoom has a great team that managed to keep its client base happy and coming back for more, even after the pandemic passed.
On a side note, Zoom rose to popularity so quickly, that its very name became a verb as well as a noun. It’s still being used as a verb.
Who Uses Zoom?
Besides corporate and business clients, Zoom is also being used to some extent for personal meetings with friends and family.
Therefore, we have some interesting information about Zoom’s user base for you.
First, let’s just say that Zoom isn’t exclusive to any one country. It’s accessible all over the globe.
Let’s talk about demographics.
Zoom’s largest user is the United States, but it’s also used in China (2nd to the US).
It’s used in Europe in countries like Poland, Italy, Hungary, and France, in the Americas in countries like Mexico, Canada, and the United States, and in the Asia-Pacific regions in India, South Korea, Indonesia, and Japan.
Due to regulatory issues, the countries where Zoom is restricted include Cuba, Iran, North Korea, Syria, and the Ukraine in the Crimea area.
How many people use Zoom by age? The most recent data (2020) suggests that about 29% of Zoom users are between 35 and 49 years old.
The age group that uses it second most is between the 25- to 34-year-old demographic at 23%.
These are the demographics related to how many people use Zoom. Let’s learn more about Zoom.
How Does Zoom Make Money?
When speaking of how many people use Zoom, it’s also important to discuss Zoom’s revenue and how they generate money to stay in business.
Remember, Zoom offers free meetings with time limits, but it also offers subscriptions for users who need more from the video conferencing app.
The earnings released by Zoom in July 2021 came to $1.021 billion, which is 6.38% more than the prior quarter. Since Q2 of 2017, Zoom has been reporting increasing revenues.
The data shows that 64% of the revenue that Zoom generates is from its business clients with 10 plus employees. That said, Zoom has since had 385,200 new licenses for its services.
In 2020, Zoom experienced a market share stock value of 8.7% after the company retracted the claim that it had 300 million daily users at that time. In 2021, Zoom’s highest stock peak came to $321.29, which is 2.5 times from the prior year.
Zoom received revenue from multiple streams like its video conferencing service and Zoom phone clients (added in 2019).
When their customers buy subscriptions for their products and services, Zoom generates revenue.
We can probably expect some new features or at least updates and upgrades from the Zoom company over the next few years. It’s smart to keep your eyes on Zoom.
Now that you know how many people use Zoom, its user demographics, and how it makes money, let’s talk about a downside of using Zoom called Zoom fatigue.
What Is Zoom Fatigue?
You may or may not have heard about Zoom fatigue, but it is a thing.
Is Zoom fatigue real? According to science, it is. Zoom fatigue occurs most often among women (14%) than it does among men (5.5%).
Zoom fatigue is defined, or described as the feeling of exhaustion one feels after engaging on a virtual meeting or video call/conference.
Though, there is no formal or official diagnosis, Zoom fatigue is real.
This post-meeting exhaustion also causes anxiety in some people, and some even experience panic attacks along with their fatigue. It’s more common than you might think.
We wanted to include this in the article because it affects one’s health, and we want our readers to be aware of it. There are ways to combat it and prevent it.
We have offered the most and best information that can be found for Zoom, how many people use Zoom, who uses it, and how it generates revenue.
We hope this has been an informative and interesting read for our readers.
We feel we should mention that Zoom isn’t only used for business meetings, but also webinars, conferences, live events, personal calls, and more.
Do you use Zoom? If you do, how do you use it for your personal or business life?