Zoom Video Communications’ average user numbers in March have been almost thrice that of its nearest competitor Microsoft’s Teams, based on research firm Apptopia, as the coronavirus-pushed stay-at-home lifted demand for video conferencing platforms.
Daily U.S. user numbers surged to a record 4.84 million Monday for Zoom, as millions of children shifted to virtual learning programs and corporations asked staff to work from home to slow the pandemic.
Business-centered Groups was used by 1.56 million users on the same day, while Slack noticed less than 500,000 users.
Zoom refused to comment on usage statistics; however, its active users in March had been 151% higher on average from a year earlier, based on Apptopia.
The corporate has a huge following among schools and students and it has eased norms for schools by lifting its 40-minute meeting cap on free accounts to facilitate online lessons.
Video conferencing apps offer video and audio calls, one-to-one meetings, group conferencing, collaboration and productivity apps, and a secure interface.
Shares of Zoom, which debuted in 2019 at $36 apiece, were trading at $146 Tuesday. Its market value has over doubled since the end of January.