Revenues have been more than doubling since 2017. Video communications may not be as exciting as artificial intelligence or disrupting multiple transportation industries, but it’s been reporting growth numbers that are incredibly exciting. The multi-billion dollar IPOs are the ones that snag the biggest headlines, but a big blockbuster IPO doesn’t necessarily mean a better investment. While so far Zoom has been focused on the B2B market, a smart move given that corporations have deeper pockets than individual consumers, this communications platform can easily slide into the B2C world in the future. This means that Zoom has additional room and leverage to increase the penetration of video communications across a broad range of customer types. The reasoning goes that once customers begin to experience the benefits of Zoom’s video-first communications platform, they are likely to spread the use of video communications. There is also a broader opportunity than IDC estimates. So, what is the total market size that Zoom is after here? According to estimates by IDC, in the segments that Zoom operates in (Hosted / Cloud Voice and Unified Communications, Collaborative Applications and IP Telephony Lines), the opportunity is valued at $43.1 billion opportunity in 2022. This market extends beyond the workplace and includes integrated voice, chat and content sharing. With an established customer base that is vocal about being pleased with the product, Zoom is off to a promising start in seizing a larger share of the video communication and collaboration market. If the pie is big, or better yet, if there are multiple pies that are all growing, a company has a better shot of simultaneously boosting revenues and increasing market share. It’s a major reason why Lyft Inc’s (NASDAQ: LYFT) still has a big following of bullish investors. Tech IPOs are all about addressable market size. The growing base of satisfied customers attests to the user-friendly, high quality nature of the Zoom product the customer NPS averaged over 70 in 2018, demonstrating that Zoom is indeed making customers happy. Their founder-led team of engineers has succeeding in building a platform that customers rave about and have solidified their name as a recognized market leader by industry analysts. Their goal? “o make Zoom meetings better than in-person meetings.” ZM has built a cloud-native platform from the ground up that enables face-to-face video experiences, connecting users across various devices and locations.