Remote Desktop Software Market: - An Overview
Remote desktop software is a program that allows a user to connect to a computer remotely in another location and access it. This software establishes remote desktop connection between two computers and is a popular service in businesses of all sizes, as it enable employees to work remotely while saving on IT costs. The remote desktop software provides an efficient and comfortable way for corporate IT personnel to remotely connect to computer interfaces and enable them to install, uninstall, and configure software and troubleshoot issues remotely.
Generally, it is widely used in the corporates due to the reason that it provides easy access computer resources, device or a network from a remote location but it also supports the access to home networks. The increasing adoption of remote desktop software’s in small and mid-sized corporate organizations would drive the growth of market.
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Impact of COVID-19 Pandemic Outbreak on Remote Desktop Software Market
The novel coronavirus has affected the worldwide economy in the first quarter of 2020. In response to that many businesses, organizations, educational institutions, and governments’ agencies are forcing their employee’s to work from home to help reduce the spread of the virus. Remote desktop software enables businesses to move operations to complete remote work. Having a remote desktop software already can help build resilience to such situations by making it easy for employees to work and collaborate remotely. The remote access solutions provide individuals and organizations with greater flexibility and avenues for success.
Historically, the market for remote desktop software has grown by almost 10% globally in the past 5 years. But after the COVID-19 outbreak, the demand for remote desktop software has been increased to huge extent, with the market projections increase more than nearly to 15%-20% in Q1-Q3 2020, as organizations across all the industries are demanding advanced remote desktop solutions to ensure the business continuity while safeguarding their employees.
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Remote Desktop Software Market: - Market Dynamics
Rise in Adoption Due to the Current Coronavirus Pandemic Situation
The coronavirus pandemic has had a staggering impact on businesses across the world. Most of the business either moved to the remote working model or either got complete shutdown. The business that moved to remote working model has either already adopted the remote desktop solutions or have deployed during the crisis. Remote desktop software can help organization to ensure business continuity during COVID-19 and beyond. Moreover, with the remote desktop software the IT teams can ensure the enhanced security of their desktops and the corporate data present over the network. Thus, to ensure business continuity during the pandemic organizations are continuously adopting remote desktop software’s which would drive the market growth.
Growing Popularity of BYOD Trend in Corporate Environments
Bring Your Own Device (BYOD) refers to the trend of working policy that is recently adopted by many organizations that allows its employees to bring their own personal devices, such as laptops, tablets, and smart phones, into the corporate working premises. The reason behind adopting the BYOD initiative is that it has numerous advantages especially when an organization has already have a remote desktop software already in place. By adopting this trend organization can reduce the capital expenditure costs of buying computer and other required devices for each of its employees, and instead allowing them to bring their own devices and work on them. The rising adoption of BYOD trends in organizations would also accelerate the adoption of remote desktop software among them.
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Remote Desktop Software Market: - Key Players
Key players in the remote desktop software market are focusing on product innovation and strategic partnerships with the technology vendors to collaborate for offering advanced remote desktop software solution and services to help enterprises to allow their employees works remotely. The major players offering remote desktop software solutions include TeamViewer, Zoho, ConnectWise, BeyondTrust, Vmware, Microsoft, SolarWinds, Citrix, and among others.
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Remote Desktop Software Market: - Segmentation
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Remote Desktop Software Market- Report Highlights:
- A detailed overview of parent market of remote desktop software market
- Changing remote desktop software market dynamics in the industry
- In-depth segmentation of the remote desktop software market
- Historical, current, and projected remote desktop software market size by value
- Recent industry trends and developments in remote desktop software market
- Competitive landscape of the remote desktop software market
- Strategies for key players in remote desktop software and solutions and services offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on remote desktop software market performance
- Must-have information for remote desktop software market players to sustain and enhance their market footprint