Zoom charges a monthly fee (or an annual one depending upon the plan you choose) to the users.
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Furthermore, the company also has a professional service unit that ensures the smooth functioning of these conference rooms. The idea is to provide the customers with hardware and the physical space required to conduct a conference without the hassle of managing them. Zoom also facilitates physical conference room systems that enable organizations to run video meetings in these conference rooms. Such a type of revenue model is called the Freemium model. You can also build Zoom like application and derive similar revenue models. If the users want un-interrupted meetings that last beyond 40 minutes, then they will need to shell out $14.99/ month or $12.49 a month if they take the annual plan. The app does not charge its users as long as the calls or meetings are conducted below 40 minutes. Zoom Meeting is the main feature of the app wherein it allows people to have remote video calls. How does an app like Zoom make money?ĭo you wonder how Zoom makes money? It has a foolproof money-minting revenue model. Now that you are clear on the cost part, let’s have a look at the revenue part.
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We suggest you read our blog on how to narrow down your choice of platform for mobile app development in case you are facing a dilemma in choosing the correct platform. Also, note that Cross-platform app development can reduce costs as compared to native app development. If you are planning to build a video conferencing app like Zoom, then expect the budget to be around $45,000 to $70,000 in a developing nation like India. We have given below a rough estimate of the average per hour rate in US dollars for various locations.
The hourly rate of the developers fluctuates according to the location of your developers. The cost of building a video chatting app depends upon a few important factors such as
#Zoom pricing india software
The video conferencing platform Zoom observed nearly 190 million daily meeting participants a day in the first quarter of 2020 this was compared to a 10 million participants average in December 2019.According to the stats, in 2019, the video conferencing global market size values nearly USD 4 billion.Let’s look at some of the major reasons that has led to a steep rise in the video conferencing apps users Zoom is compatible with various platforms like Mac, iOS, Windows, and Android. The idea is to facilitate virtual meetings between people either in audio or video format. Zoom is a cloud-based video conferencing app founded by ex-Cisco engineer Eric Yuan. In this article, we shall shed some light on the topic and attempt to answer your queries. Prismetric, a top mobile app development service provider, gets a lot of inquiries on how to build Zoom like application and what is the cost of it. Many of them want to avoid the hidden costs of app development. Nevertheless, many entrepreneurs are confused regarding the cost of building an app like Zoom. Now, there is a mad rush to build the next “Zoom” which has been expected to becoming the most popular video conferencing application. The immense popularity of the app also stems from the fact that there was no easy to use and credible option to Zoom when the need arose. The teleconferencing app has bagged 2.5 million users since its inception. Zoom is one of the apps that have found maximum users in the pandemic fuelled digital revolution. Previously utilized only by multinational companies having offices all across the world, today, the teleconferencing apps have found widespread adoption from even the small business owners. One of the major after-effects of Covid19 was the rise of video conferencing apps. The pandemic situation forced the world to think out of the box and adapt to the changes. The year 2020 has brought many changes in our lives.
Cost of application development, mobile app, Mobile App Development
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