Remote Access Management Market - Future Prospects, Industry Growth to 2023

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Overview:

Remote access is the ability to get access to a network or a computer from a remote distance. It provides the user a secure connection to IT system through a virtual private network which is set up between the user and distant network. Remote Access Management solution offers a secure, efficient, accessible, feature-rich remote desktop access that enable firms to reduce IT expense while improving the quality of service. It not only reduces IT downtime but also removes service bottleneck. Organisations use it widely to provide technical support, to administer system, and for training and distance learning.

The global remote access management market is expected to grow at a CAGR of 14% during the forecast period. Increasing global presence of solopreneurs and increase in the global team work trend within multinational companies drives the remote access management market during forecast period. However, high network dependency restricts the growth of the remote access management market. Additionally, the largely untapped small and medium business market that are widely emerging, remote access services has a near-term opportunity and long-term viability as a service among the key industries.

Key Players:

The prominent players in Remote Access Management Market are – Cisco Systems Inc. (US), Juniper Networks (US), VMware Inc. (US), Fortinet (US), Citrix Systems Inc. (US), Sophos Ltd. (UK), Brocade Communication Systems Inc. (US), Palo Alto Networks Inc. (US), NetScreen Technologies Inc. (US), and Symantec Corporation (US) among others.

Segmentation:

Based on organisation size, the market is segmented into SME and large organisation.
Based on access modes, the market is segmented into IPSEC VPN, SSL VPN, and direct access.
Based on end-use vertical, the market is segmented into IT, Telecommunication, BFSI, and Others
Based on region, the market is segmented into North America, Europe, Asia Pacific and rest of the world

Regional Analysis:

The regional analysis of remote access management market covers in-depth details of Asia-Pacific, North America, Europe and the rest of the world.

North America is expected to dominate the remote access management market during forecast period. Presence of strong domestic solution providers for remote access management contribute to the growth in the regional demand. Further, the well-established IT infrastructure and high adoption rate of advanced technologies by the companies operating the region is expected to drive the market.

Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. This is owing to the growing presence of large enterprises as well as small & medium-sized businesses in the Asia-Pacific with strong global presence. These enterprises are increasingly deploying remote access management solutions to facilitate affordable remote access solutions so as to efficiently serve customer requirement.

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