Zoom Video Communications Inc
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Information Technology : Software | Large Cap Growth
Company profile

Zoom Video Communications, Inc. is a provider of video-first communication platform and Web conferencing services. It offers cloud-native platform, which unifies cloud video conferencing, online meetings, group messaging and a software-based conference room system, which enables users to easily experience Zoom Meetings in their physical meeting spaces. Its solution offers video, audio and screen-sharing experience across Windows, Mac, Linux, Android, BlackBerry, Zoom Rooms and H.323/Session Initiation Protocol room systems, such as Polycom and Cisco Tandberg. Its solutions include Meetings, Premium Audio, Business Instant Messaging (IM), Video Webinar, Zoom Rooms, H.323/SIP Connector and Developer Platform. Its cloud video conferencing solutions include full screen and gallery view, and dual stream for dual screen. Its security solutions include secure socket layer (SSL) encryption and role-based access control. It offers its solutions to education, finance and government sectors.

Price
Delayed
$320.59
Day's Change
-1.19 (-0.37%)
Bid
--
Ask
--
B/A Size
--
Day's High
321.44
Day's Low
313.50
Volume
(Below Average)

Today's volume of 665,264 shares is on pace to be lower than ZM's 10-day average volume of 3,259,484 shares.

665,264

Artificial Intelligence Market to Surge at 33.2% CAGR till 2027; Growing Application Areas for Cloud Computing Solutions to Fuel Market Growth: Fortune Business Insights(TM)

8:48 am ET March 17, 2021 (Globe Newswire) Print

The global AI Market sizeis projected to reach USD 266.92 billion by 2027, exhibiting a CAGR of 33.2% during the forecast period. Emergence of the COVID-19 pandemic is generating several growth opportunities for the market, observes Fortune Business Insights(TM) in its report, titled "Artificial Intelligence Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software, and Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, and Others), By Deployment (Cloud, On-premises), By Industry (Healthcare, Retail, IT & Telecom, BFSI, Automotive, Advertising & Media, Manufacturing, and Others) and Regional Forecast, 2020-2027".

Smart technologies are being extensively utilized around the globe to battle the unprecedented health crisis created by the coronavirus pandemic. In France, the start-up Clevy.io has introduced a chatbot to make it easy for people to discover official French government and World Health Organization (WHO) communications about COVID. In the UK, an agri-tech start-up called Mantle Labs is offering its AI-powered crop monitoring solution to retailers for free to ensure stable supply chains across the UK. Another example is the Canadian start-up BlueDot which has deployed its AI capabilities to detect disease outbreaks and was one of the first to raise the alarm when the virus broke out in Wuhan. Thus, the COVID-19 pandemic is widening and deepening the applications of AI-based technologies around the world.

Click here to get the short-term and long-term impact of COVID-19 on this market.

Please visit: https://www.fortunebusinessinsights.com/industry-reports/artificial-intelligence-market-100114

The report states that the value of the global market stood at USD 27.23 billion in 2019 and offers the following:

-- Exhaustive analysis of the factors driving and restraining the market;

-- Microscopic examination of the different market segments;

-- Detailed evaluation of the key market players, their performance, and main strategies; and

-- Projections about the upcoming regional opportunities and investment pockets for the market

Market Driver

Proliferation of Artificial Intelligence Start-Ups to Augment Market Potential

Promising business opportunities spawned by the advent of AI in the world of technology has led to a proliferation of start-ups worldwide specializing in AI tools and solutions for diverse application areas. For example, the US-based company LivePerson has become a pioneer in understanding customer needs through AI-powered messaging, ensuring a wholesome experience to users. Wint, to take another example, is a company that provides artificial intelligence-based solutions for water treatment applications. In India, AI-based start-ups are speedily gaining traction. For instance, Niramai Health Analytix is a novel start-up based in Bangalore, which has developed innovative software to detect breast cancer. Broadening horizons of these and many more upcoming companies is feeding the artificial intelligence market growth.

Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/artificial-intelligence-market-100114

Regional Insights

Growing Adoption of Smart Technologies to Expand Market Size in Asia Pacific

Economies in Asia Pacific are displaying steady growth on account of a considerable rise in the adoption of smart technologies such as AI and Internet of Things (IoT), especially in the industrial sector. China and India have been making massive investments in advanced technologies in a bid to digitize their economies, thus aiding the AI market growth in the region.

North America, with a market size of USD 11.40 billion in 2019, is expected to dominate the artificial intelligence market share during the forecast period. Companies the United States and Canada have been developing AI-powered solutions and devices to optimize business processes and increase productivity. In Europe, governments are steadily deploying 5G infrastructure across the continent, which is set to raise the global market value.

Competitive Landscape

Top Players to Focus on Expanding AI to Deliver Enhanced Services

The field of artificial intelligence is a highly specialized one and technological behemoths such as Google and IBM are investing heavily in R&D to come up with novel solutions to improve worldwide connectivity. These companies are constantly initiating projects to deliver enhanced services to backward areas, thus enabling freer access to information globally.

Quick Buy- Artificial Intelligence Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/100114

Industry Developments:

-- July 2020: Google's Project Loon announced that it will be providing stable internet connectivity to subscribers on Telkom Kenya's network through 35 tennis court-sized balloons. Using its Machine Learning capabilities, Loon will operate and deliver internet services to over 35,000 Kenyans through this project.

-- June 2020: Microsoft's AI for Health Program sanctioned a grant to the Mount Sinai Health System to develop AI-powered digital tools to enhance care for COVID-19 patients. The system involves leading researchers across Mount Sinai and the grant will allow them to support data science centers working in COVID-19 research.

List of Key Players Covered in the Artificial Intelligence Market Report:

-- SAP SE (Walldorf, Germany)

-- Qlik Technologies Inc. (Pennsylvania, USA)

-- MicroStrategy, Inc. (Virginia, USA)

-- IPsoft Inc. (New York, USA)

-- Baidu Inc. (Beijing, China)

-- Alphabet (Google Inc.) (California, USA)

-- Verint Systems Inc. (Next IT Corp) (New York, USA)

-- NVIDIA Corporation (California, USA)

-- Microsoft Corporation (Washington, USA)

-- IBM Corporation (New York, USA)

-- Apple Inc. (California, USA)

Major Table of Contents:

TOC Continued...!

Speak To Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/artificial-intelligence-market-100114

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM), we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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