Impact of COVID-19 on the Global Videoconferencing Sector - Zoom's Shares Have Doubled Since the Start of the Outbreak - ResearchAndMarkets.com

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Apr 09, 2020, 14:15 ET

DUBLIN, April 9, 2020 /PRNewswire/ -- ResearchAndMarkets.com sees Videoconferencing as a key area experiencing growth due to the Coronavirus pandemic.

Impact of COVID-19 on the Global Videoconferencing Sector - Zoom’s Shares Have Doubled Since the Start of the Outbreak - ResearchAndMarkets.com (PRNewsfoto/Research and Markets)

Companies scrambled to meet the sudden demand for telecommuting options during the onset of the COVID-19 pandemic, creating an immediate and widespread need for video conferencing, certification services, mobile network equipment, terminals and software, as well as VPNs and other security measures. The video-conferencing company Zoom saw its shares double since the start of the outbreak in December, making it now worth more than Uber and Lyft combined.

ResearchAndMarkets.com offers a variety of research reports covering VoIP and Videoconferencing, and related topics such as Web Real-Time Communications (WebRTC).

The latest available reports on this sector include:

Videoconferencing is just one area seeing an unexpected rise in demand. ResearchAndMarkets.com have identified the leading trends in the following article: 30 industries seeing a surge in demand due to the COVID-19 pandemic

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SOURCE Research and Markets