Remote Access Solution Market Growth Accelerated by Rising Need for Secured Remote Working
Remote Access Solution Market Growth Accelerated by Rising Need for Secured Remote Working
The global Remote Access Solution Market is estimated to be valued at US$ 20.91 Billion in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Remote Access Solutions enable remote access to corporate networks through a virtual private network (VPN) or cloud-based remote access. They provide seamless connectivity to mission-critical resources and services and applications securely for remote working. With the increase in remote working trends due to COVID-19 pandemic, there has been a rising need for remote access solutions across various industries for enabling secure remote access. 

Market key trends:

The rising need for secured remote working is one of the key trends driving the growth of the remote access solution market. With a majority of the workforce working remotely during and post the pandemic, organizations are focused on implementing advanced remote access solutions to secure their networks and safeguard critical data. Leading vendors in the market are focused on developing advanced remote access solutions integrated with capabilities such as single sign-on, multi-factor authentication, endpoint security, and monitoring to provide robust security for remote workers. Such enhanced security features are witnessing high demand across industries, thereby accelerating the growth of the overall remote access solution market.

Segment Analysis

The Global Remote Access Solution Market Size is dominated by the user-friendly VPN sub-segment. VPN provides an easy and robust solution for remote access to internal networks and business applications remotely. It allows employees to access corporate resources securely from anywhere using an internet connection. The bring-your-own-device trend and growing popularity of cloud computing are fuelling demand for VPN services especially among small and medium enterprises.

Key Takeaways

The North America region is expected to continue its dominance in the global remote access solution market during the forecast period.

Europe is projected to witness significant growth in the market led by countries like the UK, Germany, and France. Growing usage of mobile devices and increasing internet penetration are increasing the need for remote network access. Major players operating in Europe are launching advanced VPN services with capabilities like geo-fencing, bandwidth management, and customized security policies to target large enterprises and verticals like education and healthcare.

In the competitive global remote access solution market, key players operating are Cisco Systems, Juniper Networks, VMware, Fortinet, and Citrix Systems. Cisco is a prominent player with its AnyConnect VPN solution catering to various industries. Juniper offers SD-WAN and VPN products. VMware's Horizon platform allows remote access to virtual desktops. Citrix XenDesktop and FortiGate from Fortinet are also widely used remote access platforms. These players are focusing on delivering enhanced user experience through innovations in authentication, endpoint security, and optimized bandwidth utilization.

Explore more information on this topic, Please visit - 

https://www.insightprobing.com/remote-access-solution-market-size-and-share-analysis/ 

Explore more trending article on this topic -

https://www.ukwebwire.com/remote-access-solution-market-is-estimated-to-witness-high-growth/ 

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