Rise in adoption of cloud computing and the push towards digital transformation have influenced the remote working software market. Cloud-based remote desktop solutions offer benefits such as scalability, accessibility, and reduced IT infrastructure costs. Organizations are migrating their systems and services to the cloud, and remote working software that integrates well with cloud environments provides a competitive advantage.
NEW CASTLE, Del., Sept. 17, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Remote Working Software Market by Component (Solution and Services), Deployment Mode (On-premise and Cloud), Type (Time and Attendance Software, Communication and Collaboration Software, Measuring and Monitoring Productivity Software, Project Management Software and Others), Enterprise Size (Large Enterprises and Small and Medium Enterprises), and End-User (BFSI, Healthcare, IT & Telecom, Government, Manufacturing, Education and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the remote working software market was valued at $22.5 billion in 2023 and is estimated to reach $42.7 billion by 2032, growing at a CAGR of 7.1% from 2024 to 2032.
Prime determinants of growth
The increasing adoption of cloud computing and the push towards digital transformation have influenced the remote working software market. Cloud-based remote desktop solutions offer benefits such as scalability, accessibility, and reduced IT infrastructure costs. Organizations are migrating their systems and services to the cloud, and remote desktop software that integrates well with cloud environments provides a competitive advantage. With the rise in remote work, cybersecurity and data privacy have become paramount concerns. Remote desktop software plays a crucial role in ensuring secure remote access to company networks and sensitive data. Organizations are investing in remote desktop solutions that offer strong encryption, multi-factor authentication, and other security features to safeguard their digital assets. The increasing emphasis on compliance with data protection regulations has further driven the demand for secure remote desktop software.
Request Sample Pages: https://www.alliedmarketresearch.com/request-sample/A281339
Report coverage & details:
Report Coverage | Details |
Forecast Period | 2024-2032 |
Base Year | 2023 |
Market Size in 2023 | $22.5 billion |
Market Size in 2032 | $42.7 billion |
CAGR | 7.1 % |
No. of Pages in Report | 162 |
Segments Covered | Component, Deployment, Type, Enterprise Size, End User, and Region |
Drivers | Rise in remote work culture |
Increase in adoption of cloud-based remote desktop solutions | |
Massive product penetration in small & medium-sized organizations | |
Opportunities | Increase in emphasis on compliance with data protection regulations |
Restraint | Data security concerns |
Network Infrastructure limitations |
Buy this Complete Report (PDF with Insights, Charts, Tables, and Figures) at:
https://www.alliedmarketresearch.com/remote-working-software-market/purchase-options
The services segment is expected to dominate the market during the forecast period.
By component, the services segment is projected to attain the highest CAGR from 2024 to 2032. This growth is driven by several key factors such as increasing adoption of hybrid model works and increased investment in IT infrastructure and support.
The cloud segment is expected to dominate the market during the forecast period.
By deployment, the cloud segment is projected to attain the highest CAGR from 2024 to 2032. This growth is driven by several key factors that make cloud-based remote working solutions increasingly attractive to businesses of all sizes.
The measuring and monitoring productivity software segment is expected to dominate the market during the forecast period.
By type, the measuring and monitoring productivity software segment is projected to attain the highest CAGR from 2024 to 2032, due to the increasing focus on maintaining and enhancing employee productivity in remote work settings. Organizations are investing in advanced analytics and monitoring tools to gain insights into work patterns and ensure efficient performance management.
The small medium enterprises segment is expected to dominate the market during the forecast period.
By organization size, the small-medium enterprise segment is projected to attain the highest CAGR from 2024 to 2032. This anticipated growth can be attributed to several key factors that make remote working solutions particularly appealing and necessary for SMEs.
The IT & telecom is expected to dominate the market during the forecast period.
By end-user, the IT & telecom segment is projected to attain the highest CAGR from 2024 to 2032, owing to an increase in the acceptance of cloud-based solutions as well as acceptance of the product in the IT & telecom segment.
Asia-Pacific to maintain its dominance by 2032
Based on region, Asia-Pacific held the highest market share in terms of revenue in 2023, accounting for three-fourths of the global remote working software market revenue and is expected to rule the roost in terms of revenue during the forecast timeframe. With the rising footprint of work-from-home culture across the U.S. and Canada, leading players could further investments in remote desktop software solutions.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A281339
Major Industry Players: -
- Microsoft Corporation,
- IBM Corporation,
- Slack Technologies, LLC,
- ClickMeeting,
- Alludo,
- TeamViewer GmbH,
- eramind Inc.,
- Veriato Inc,
- Workpuls, Inc,
- Parasol Software Trading L.L.C.
- NEOGOV,
- Veriato Inc,
- Birch Grove Software, Inc
The report provides a detailed analysis of these key players in the global remote working software market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
- In November 2023, IKEA launched three new budget-friendly smart sensors, such as VALLHORN, PARASOLL, and BADRING, which distinguish water spillage and motion. These sensors are pointed toward giving clients more control and peace of mind, empowering them to remain connected with their homes in any event, when they are not there.
- In October 2023, Leostream, a remote work area access seller, launched another partner program focusing on VMware MSPs. These advancements at Citrix and VMware have created uncertainty in the remote desktop market, giving an open door to Leostream. The President, Karen Gondoly, referenced in a meeting with CRN that Broadcom's securing of VMware has ignited interest in Leostream's utilization case as an expense-saving option in contrast to VMware's Horizon commercial desktop. Leostream, situated in Boston, plans to profit from this valuable chance to grow its market presence.
- In March 2022, the U.S.-based computer software company IDrive Inc. offered the cloud-based and on-premise remote desktop program RemotePC. Businesses can use RemotePC to send files, manage applications across several remote machines, and interact with customers. It includes advanced features including role-based permissions, live video sharing with augmented reality capabilities, multiple users, session recording, and video conferencing.
Trending Reports in ICT & Media Industry:
Predictive Analytics Market Overview
Artificial intelligence Market Overview
Cyber Security Market Overview
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/remote-working-software-market-to-reach-42-7-billion-globally-by-2032-at-7-1-cagr-allied-market-research-302249899.html
