Video Conferencing Platform

Video Conferencing Platform Success Stories [2024]

Pat Walls

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Updated: October 8th, 2024

A video conferencing platform allows two or more people to emulate a person-to-person meeting over the internet using real-time, multidirectional video and audio streaming. Estimates show that the global video conferencing market will grow to $14.58 billion in the next few years.

The market growth will result from integrating developed technologies such as artificial intelligence and cloud technology, which will drive market growth. Therefore, starting a video conferencing platform remains a viable business opportunity.

To build a video conferencing platform, determine your business vision by defining your target audience. Then, decide on a monetization model. Standard models include freemium, advertisements, and paid subscriptions. Define the MVP feature set and focus on building the platform.

Providing high video and audio quality will help your business stand out.

In this list, you'll find real-world video conferencing platform success stories and very profitable examples of starting a video conferencing platform that makes money.

1. ClickMeeting ($10.8M/year)

ClickMeeting was born out of Simon Grabowski's desire to support small- and medium-sized businesses with modern communication and marketing software. In 1998, he founded GetResponse, a platform for email marketing, which eventually expanded to include a separate tool for webinars and online meetings. ClickMeeting quickly gained traction, particularly in the American market, and has since grown to host over 2.3 million events with 30 million attendees in 2020 alone.

How much money it makes: $10.8M/year
How many people on the team: 93

Our Online Meetings Platform Skyrocketed During The Pandemic And Now Makes $10.8M/Year

ClickMeeting, a platform for webinars and online meetings, has grown to host over 2 million events with 30 million attendees and has been profitable since its launch in 2010, with a focus on reliability and quality customer service.

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