The market for remote work tech is now valued at more than $3 billion. Here are 7 booming startups vying for the online office crown.

• While major corporations and small businesses are suffering from economic setbacks caused by the coronavirus, a roster of startups are capitalizing on the increased remote workforce demand.
• Virtual collaboration startups - including Zoom and Slack - specialize in making remote meetings, conference calls, and digital communication run smoothly.
• Business Insider compiled a list of startups that have experienced product booms since the start of the novel coronavirus pandemic, and how they can help make your remote team more productive.
• Click here for more BI Prime stories.

More people around the world are working remotely - and the need for virtual conferencing platforms is at an all-time high.

In the midst of the global coronavirus pandemic, remote work has become the new normal. Wall Street analysts at Bernstein Research said there has been an increase in demand for virtual conferencing companies. The cloud-based conferencing market will likely exceed its market valuation of $3 billion as platforms like Zoom and Slack report rapid increases of usage in a mere few weeks, according to data from global research advisory firm Gartner, reported by CIO Dive.

Employers are now dependent on conferencing tech not only because it helps them communicate with coworkers, but it also allows them to interact face-to-face.

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Business Insider compiled a list of startups that have experienced product booms since the coronavirus outbreak.

Here are seven companies that are the changing face of remote work.