The Remote Desktop Software by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Remote Desktop Software, The remote desktop software market size has grown rapidly in recent years. It will grow from $2.56 billion in 2023 to $2.93 billion in 2024 at a compound annual growth rate (CAGR) of 14.5%. The growth in the historic period can be attributed to strong economic growth in emerging markets, an increased focus on digitizing business processes, increased it spending, the growth in the popularity of e-learning and distance learning education and the covid-19 impact.
The remote desktop software market size is expected to see rapid growth in the next few years. It will grow to $5.26 billion in 2028 at a compound annual growth rate (CAGR) of 15.8%. The growth in the forecast period can be attributed to government support, an increasing internet penetration, a growing number of tech-savvy people and the rapid shift towards cloud services. Major trends in the forecast period include use of cloud technology, product innovations, technological advancements, offering subscription-based remote desktop software and collaborations and acquisitions.
The growing popularity of e-learning and distance learning education is contributing to the growth of the remote desktop software market. An e-learning system is based on teaching with the help of electronic resources. Distance learning is also called e-learning and online learning, which is a form of education that uses different technologies to facilitate student-teacher and student-student communication. The increasing demand for e-learning and distance learning education will push towards a need for the use of remote desktop software for convenience and remote learning. For instance, in January 2022, according to the Eurostat, a Luxembourg-based statistical office of the European Union, In the EU, 27% of adults between the ages of 16 and 74 reported taking an online course or using online study materials in the previous three months in 2021, a 4% point (pp) rise from 23% in 2020. Additionally, according to data by ThinkImpact, a US-based provider of education and career-related statistics, in 2021, 75% of US schools planned to function entirely online. Approximately 4.8% of schools offered all courses online and around 2.9% of schools made half of their courses available online. The growing popularity of e-learning and distance learning education will drive the growth of the remote desktop software market.
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The remote desktop software market covered in this report is segmented –
1) By Technology: Remote Desktop Software Protocol (RDP), Virtual Network Computing (VNC), NX Technology, Independent Computing Architecture (ICA)
2) By Deployment: On-Premises, Cloud
3) By Organization Size: Large Enterprise, SMEs
4) By End-User: BFSI (Banking, Financial Services, And Insurance), Retail, Government and Public sector, Manufacturing, Healthcare, Education, Energy and Utilities, Others (IT and Telecom)
Technological advancement is a key trend gaining popularity in the remote desktop software market. Major companies operating in the remote desktop software market are focused on developing and providing new technological solutions in remote desktop software to enhance productivity and meet customer demand. Technological advancements in remote desktop software include the use of technologies such as augmented reality (AR), artificial intelligence (AI), and others to provide advanced features such as live video sharing, multiple users, session recording, annotations on the end user’s screen, cross-platform access, reboot and power control, and screen mirroring or sharing. For instance, IDrive Inc., a US-based computer software company offers RemotePC, a cloud-based, and on-premise remote desktop software. RemotePC is designed to help businesses communicate with clients, transfer files, and manage applications across various remote devices. It provides advanced features such as video conferencing, AR-enabled live video sharing, multiple users, session recording, remote reboot, role-based permissions, and others.
The remote desktop software market report table of contents includes:
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