In this rapidly changing world of technology, remote access management market is projected to show major growth prospects during the forecast period. Remote access management provides secure connectivity to machines through a virtual private network which is set up between a user and a network.
As compared to other regions, the remote access management market in North America is expected to witness significant growth. North America is expected to dominate the Remote Access Management Market during the forecast period. U.S and Canada are anticipated to drive the growth of remote access management market. This is owing to the presence of large number of security vendors in that region. In addition to this, the region also has a well-established infrastructure and allows high penetration of devices, while the increasing adoption of advanced technologies is another reason for the growth of remote access management market.
The remote access management market is growing rapidly over 11% of CAGR and is expected to reach at approx. USD 47 billion by the end of forecast period.
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The prominent players in remote access management market are – Cisco Systems, Inc. (U.S.), Juniper Networks (U.S.), VMware, Inc. (U.S.), Fortinet (U.S.), Citrix Systems, Inc. (U.S.), Sophos Ltd. (U.K.), Brocade Communication Systems, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), NetScreen Technologies, Inc. (U.S.) and Symantec Corporation (U.S.) among others.
Remote Access Management Market Segmentation
The remote access management market has been segmented on the basis of component, technology, organization size and vertical. The vertical segment is further bifurcated into BFSI, manufacturing, healthcare, IT and telecommunication, aerospace and defense and government. The popularity of remote access management market is increasing among the vertical segment owing to expanding their go-to-market models and providing better support for customers and employees.
Market Research Analysis:
The global remote access management market, by geography, has been segmented into North America, Europe, Asia Pacific and Others. In the global remote access management market, Asia Pacific is anticipated to witness relatively faster adoption and hence is expected to grow at the highest CAGR during the forecast period. Within Asia Pacific, remote access management market is projected to contribute faster to the growth of revenue backed by increasing employee strength in countries such as Japan, China and India.
Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of remote access management market. In Europe, the presence of advanced infrastructure and with the increasing adoption of technology and technological advancements in numerous countries is driving the market growth of remote access management market. High focus on innovations owing to increasing research and developments in this region are other major factors driving the Remote access management market. The developed economies in these regions is the main reason for the growth of remote access management market. North America is followed by Europe in terms of market share and growth rate in remote access management market.
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- Technology investors
- Integrated device manufacturers (IDMs)
- Original equipment manufacturers (OEMs)
- Research/Consultancy firms
- Government agencies
- Remote access management vendors
- Network solution providers
- IT security agencies
- Managed Security Service Providers
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