Remote Desktop Software Market Size to Surpass USD 9.27 billion by 2030, exhibiting a CAGR of 18.5%
Fortune Business Insights
4 min read
Fortune Business Insights
As per the report by Fortune Business Insights, the global Remote Desktop Software Market Size is projected to reach USD 9.27 billion by 2030, at a CAGR of 18.5% during the forecast period.
Pune,India, June 21, 2023 (GLOBE NEWSWIRE) -- According to Fortune Business Insights, global Remote Desktop Software Market Size was valued at USD 2.41 billion in 2022 and is projected to grow from USD 2.83 billion in 2023 to USD 9.27 billion by 2030, exhibiting a CAGR of 18.5% during the forecast period.
Growing work-from-home practices are increasing the demand for remote desktop software. For employees working remotely, the software can provide real-time access to business data. For instance, Xaleon was acquired in January 2021 by TeamViewer. Xaleon’s product enables small screen-sharing web sessions due to its GDPR compliance and without transferring or installing users’ data. Fortune Business Insights presents this information in their report titled Global Remote Desktop Software Market, 2023–2030.
Key Industry Development- February 2023 – Any Desk Software GmbH, a Remote Access Solution provider, partnered with FastMD Racing. FastMD Racing utilized Any Desk’s real-time remote access technology to enhance team communication through this partnership.
Enhanced security, member satisfaction, and flexible work time are factors due to which there is a growing demand for Bring Your Own Device (BYOD) policy. For instance, 67% of businesses globally have adopted a BYOD strategy, and the productivity of employees has increased by 34% as per the Cyber Talk Organization Report in 2020. Due to the numerous benefits of these services, the remote desktop software market share is anticipated to grow.
However, a remote connection requires a strong internet connection at both ends. Therefore slight interference in the connection may stop the system and impede the remote desktop software market growth.
Leading Segments Covered in this Report-
By Deployment
On-Premises
Cloud
By Enterprise Type
SME
Large Enterprises
By End-User
BFSI
Healthcare
IT & Telecom
Government
Manufacturing
Education
Others
Regional Insights
North America leads the Market due to Several Companies Allowing to Work Remotely
North America dominated the market in 2022 due to the rising adoption of work-from-home policies across industries. For instance, in April 2021, a survey was conducted by Talent Works of hiring managers in the U.S., where 90% of top executives preferred to work from home. South America is anticipated to grow steadily due to a large number of employees opting to work from home.
Market Leaders Aim to Introduce New Technologies through Collaboration and Acquisition
Major players in the market, such as AnyDesk Software GmbH, BeyondTrust Corporation, Microsoft Corporation, TeamViewer Group, VMware, Inc., and others, focus on acquisitions, collaborations, mergers, and partnerships.
FAQs
How big is the Remote Desktop Software Market?
Remote Desktop Software Market size was USD 2.41 Billion in 2022. It is expected to reach USD 9.27 Billion by 2030.
How fast is the Remote Desktop Software Market growing?
The Remote Desktop Software Market will exhibit a CAGR of 18.5% during the forecast period, 2023-2030
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