Zoom charges a $/user/month. Companies pre-covid had video conferencing platforms. Zoom did a lot of shifting of existing spend from business on Webex & Hangouts/Meet to its platform.
Even if Zoom's average usage per paid user goes down post-pandemic, it's revenue will remain constant and could still grow as new employees are hired and new companies switch over.
Even if Zoom's average usage per paid user goes down post-pandemic, it's revenue will remain constant and could still grow as new employees are hired and new companies switch over.