Remote Desktop Software Market Surges: Anticipated 12.4% CAGR Positions it for a Striking US$ 5.9 Billion by 2030

The global remote desktop software market is currently valued at USD 5.9 Billion in the year 2030, likely to surge at a vigorous 12.4% CAGR during the assessment period 2022 – 2030. The report attributes the growth of the market to continual demand in the IT and telecommunication sectors, coupled with the penetration of the internet and computers into the manufacturing and healthcare sectors at a healthy pace. Similarly, the advent of cloud computing technologies has also been identified as a crucial growth attribute.

The analysts at FMI also remark that reliance on computer systems has increased significantly in the recent past, necessitating end-users to seek solutions that ease their operations. Likewise, the study has also found that remote desktop software is gradually becoming an integral part of the tech support domain, ensuring healthy long-term growth.

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Furthermore, the report opines that the COVID-19 pandemic will catalyze the demand for remote desktop software as organizations across the world adopt remote working cultures and seek solutions that aid in keeping their day-to-day operations intact. This is expected to give a major boost to the remote desktop software market.

Key Takeaways from the Remote Desktop Software Market Report:

• Adoption of remote desktop software solutions will remain concentrated across small & medium enterprises, which account for nearly 3/5^th of market value.
• Cloud-based remote desktop software remains the most popular deployment type, capturing more than 2/5^th of global value.
• Based on end-use, the IT & telecommunication sector will hold over 30% of market value, owing to high reliance on computers.
• South Asia & Pacific will reign supremacy over the regional landscape, backed by the presence of a flourishing IT sector that offers support services to IT firms worldwide.
• North America and Europe and will cumulatively account for nearly 2/5^th of market value.

COVID-19 Impact:

The outbreak of COVID-19 has positively influenced the growth trajectory of the remote desktop software market, creating a significant upsurge in the demand for these solutions. In the first quarter of 2020, numerous organizations across the world have adopted remote working models to ensure their operations remain unhindered.

On this premise, the demand for remote desktop software has witnessed an uptick as it aids in support services by eliminating the need for in-person examination in times of social distancing. Furthermore, as the work-from-home model has emerged as a new normal, the demand for remote desktop software will persist high for the years to come.

Who is Winning?

Players in the remote desktop software market are directing their efforts to launch innovative services with advanced features such as two-way communication, screen recording, high safety, etc. Launching software for multiple operating systems and offering effective customer support have also been identified as key growth strategies. On these lines:

• In April 2020, HP Enterprises announced a high-performing virtual desktop infrastructure designed to bolster remote working.
• In August 2018, Microsoft announced the launch of its mobile app that enables users to access computer using mobile devices

Leading Key Companies:

• ConnectWise
• Microsoft
• TeamViewer
• Splashtop Inc.
• AnyDesk
• Zoho Assist
• RealVNC Limited
• BeyondTrust Corporation
• LogMeIn, Inc.
• Techinline
• Goverlan, Inc.
• ISL Online

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Remote Desktop Software Industry Segmentation:

By Deployment Type:

• On-premise Remote Desktop Software Solutions
• Cloud Remote Desktop Software Solutions
• Web-based Remote Desktop Software Solutions

By Enterprise Size:

• Small & Medium Enterprises
• Large Enterprises

By End Use:

• Government
• IT & Telecommunications
• BFSI
• Healthcare
• Retail
• Education
• Media & Entertainment
• Others

By Region:

• North America Remote Desktop Software Market
• Latin America Remote Desktop Software Market
• Europe Remote Desktop Software Market
• East Asia Remote Desktop Software Market
• South Asia & Pacific Remote Desktop Software Market
• Middle East & Africa (MEA) Remote Desktop Software Market

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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