SWOT analysis of the remote access solutions market by ConnectWise,

Remote Access Solutions Market

Growing demand for online education and Bring Your Own Device policy are key factors driving the revenue growth of remote access solutions market. The report aims to offer a clear understanding of the market with respect to manufacturers, suppliers, vendors, distributors, and major companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The main findings of the report have been sorted into graphs, figures, tables and other pictorial representations.

The global remote access solutions market size reached USD 2.1 billion in 2021 and is expected to register a revenue CAGR of 15.8% during the forecast period, according to the latest analysis from Emergen Research. Increasing technological advancements with rapid growth in 5G cellular network coverage are key factors driving the market revenue growth. The rapid adoption of BYOD policy in businesses and organizations, spurred by the COVID-19 pandemic, has increased the traction of remote access solution trends such as remote productivity monitoring, videoconferencing and virtual workspaces.

Benefits such as increased productivity, efficiency, employee morale, improved employee loyalty, communication, hiring talent, increased diversity, and convenience are just a few- one of the key factors supporting the shift to the remote working model. This trend is also expected to greatly support the demand for remote access solutions in various enterprises. Additionally, improving the carbon footprint is another important factor that organizations need to consider.

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Some highlights of the report

The large enterprise segment accounted for a significantly robust revenue share in 2021. The growing focus on employee productivity and safety in data-driven enterprises is a key driver of segment growth. Steady adoption of scalable remote access solutions such as Software-Defined Perimeter (SDP) and Secure Access Service Edge (SASE) offering enterprise-grade performance and security is driving the segment’s revenue growth. High quality user experience and efficiency are important factors in large enterprises for smooth workflow and the adoption of more advanced solutions is expected to continue during the forecast period.

Revenue from the cloud-based segment is expected to increase at a considerably steady rate during the forecast period. The demand for cloud-based remote access solutions has increased due to better security than on-premises, where many applications require client access to the user’s machine and software installation, which can constitute a point of vulnerability once the work is finished. Rapid digital transformation has increased the demand for remote access solutions, especially in the education sector. Providing fast and secure access to computing resources of high-end and expensive desktop software such as AutoCAD and InDesign, among others, is one of the major factors supporting the demand for remote access solutions based on the cloud.

The Banking, Financial Services and Insurance (BFSI) segment accounted for a significantly large revenue share in 2021. Strong demand for automation in banks and financial institutions for digitization and faster turnaround is a key driver for growth segment revenue. The growing demand from next-generation banks for enhanced customer experience and data-driven analytics has made remote access banking solutions a critical requirement. The adoption of advanced technologies such as artificial intelligence (AI), digital banking, chatbots and the Know Your Customer (KYC) video process in a growing number of banks is expected to continue.

Leading companies operating in the Remote Access Solutions market profiled in the report are:

ConnectWise, LLC., VMware, Inc., GoTo, TeamViewer, Microsoft, AnyDesk Software GmbH, Splashtop Inc., Zoho Corporation Pvt. Ltd., BeyondTrust Corporation and Kaseya Limited.

It further offers comprehensive coverage of strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements are expected to enhance market growth in the future. The report also covers an in-depth analysis of key market competitors along with their growth strategies and business expansion plans.

Regional analysis of Remote Access Solutions market includes analysis of production and consumption ratio, supply and demand dynamics, regional trends and growth drivers, growth prospects, presence of key manufacturers and suppliers, and market size and share in key regions such as North America. , Latin America, Europe, Asia-Pacific, Middle East and Africa. The report further offers key insights on country-wise analysis and key revenue growth factors of each regional market.

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The detailed regional analysis covers:

North America

Canada

WE

Mexico

Europe

Germany

Italy

UK

Rest of EU

Asia Pacific

India

China

Japan

South Korea

Rest of APAC

Latin America

Brazil

Argentina

Rest of Latin America

Middle East and Africa

Saudi Arabia

South Africa

United Arab Emirates

Rest of MEA

Emergen Research has segmented the global remote access solutions market based on company size, mode of deployment, end use, and region:

Company Size Outlook (Revenue, USD Billion; 2019-2030)

Small and medium enterprises

Large companies

Deployment Mode Outlook (Revenue, USD Billion; 2019-2030)

On the site

Cloud

End-Use Outlook (Revenue, USD Billion; 2019-2030)

BFSI

Health care

Detail

Government

IT & Telecommunications

Manufacturing

Others

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