Zoom usage and shares booming since outbreak of COVID-19
ResearchAndMarkets.com sees Videoconferencing as a key area experiencing growth due to the Coronavirus pandemic.
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.
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