Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.93 Billion | USD 5.08 Billion | 11.35% | 2023 |
The global remote IT support services market size was worth around USD 1.93 billion in 2023 and is predicted to grow to around USD 5.08 billion by 2032 with a compound annual growth rate (CAGR) of roughly 11.35% between 2024 and 2032.
Remote information technology (IT) support services refer to the process of providing IT-related services from remote locations. This form of IT support services does not require the need for IT professionals to visit clients on-site. The required assistance is delivered using advanced technologies such as cloud-based platforms, virtual private networks (VPNs), remote desktop software, collaboration & communication tools, and others. The remote IT support services industry has been growing rapidly over the years.
The industry gained higher growth momentum during COVID-19, when the majority of companies were operating from remote locations. The introduction of new systems facilitating efficient and real-time IT support services remotely has helped the industry expand further in the last decade.
However, remote delivery of support services is sometimes ineffective and will require IT professionals to manage the problem by being physically present. During the forecast period, the remote IT support services industry is expected to adopt the services in the retail sector more and have a growing remote work culture.
Rising trend of remote working will promote the market demand rate during the projection period
The global remote IT support services market is expected to grow due to the growing remote work culture trend worldwide. For instance, work-from-home culture is now evolving into the work-from-anywhere trend. It allows flexibility to employees to work from places of their own preference replacing the traditional method of working from the office.
Additionally, remote work environments are also known to prove beneficial to the companies if managed effectively. It encourages companies to hire global talent from anywhere in the world. Businesses can create a more efficient workforce and talent pool by allowing remote working.
Furthermore, one of the major benefits of work flexibility is reflected in the work-life balance attained by the employees working in a remote setup. A recent study conducted by Tracking Happiness that involved a survey of more than 12,000 people reported that remote workers are 20% happier than people working in conventional work settings.
A remote work culture can smoothly function only in the presence of an effective remote IT support services team. IT professionals must have access to all the necessary tools to manage the company’s IT infrastructure, even for employees working from outside the office.
Higher use of the services in the retail sector to fuel market revenue in the coming years
The demand for remote IT support services is growing promptly in the retail sector. It is practically impossible to deploy complete IT infrastructure in a retail setup, especially in individual stores. Delivering IT support services through remote means provides several advantages in the retail sector since it facilitates scalability depending on store needs.
Moreover, technical issues faced at brick-and-mortar centers can be easily resolved using remote services instead of waiting for in-person visits from IT professionals. The continuous growth rate observed in the retail sector worldwide will work in favor of the global remote IT support services market. By the end of the forecast period, the global retail industry is expected to cross more than USD 1.81 trillion in terms of revenue.
Concerns over the efficiency of remote IT services will limit the industry’s expansion rate
The global remote IT support services industry is projected to be restricted due to the growing questions over the efficiency of the solution. In certain cases, such as hardware malfunction, server crashes, electrical failures, and complex system setup, remote IT support services may be ineffective.
Remote IT support can only function with complete effectiveness when it works in tandem with on-site IT support. However, developing both forms of IT support service infrastructure can increase the overall cost incurred by the company.
Persistent development of novel solutions improving market result rate will generate more growth opportunities
The global remote IT support services market is expected to generate more growth opportunities due to a surge in the development of new solutions. According to market research, next-generation VPN solutions are anticipated to bring revolutionary changes in the remote work environment. Novel VPN technologies are expected to follow a least-privilege access model along with granting zero trust access to ALL users.
Amazon Web Server (AWS) has been consistently investing in deploying new solutions that improve overall technology performance. In 2024, AWS launched Amazon Q Developer and Business products along with Amazon Bedrock offerings and improved cloud storage.
The company has also announced massive investments in the development of new data centers. In April 2024, the company announced future plans to invest USD 11 billion for the construction of new data centers, creating more than 1000 jobs. The launch of 5G internet connectivity will allow remote IT support service providers to deliver quick responses with minimal to zero time lag.
Limitations such as privacy concerns and the risk of cybercrime will challenge the market expansion rate
The global remote IT support services industry will be challenged by the increased risk of cybercrime. Remote IT support can compromise confidential company-related data. Furthermore, remote access to a personal or office laptop can impact the integrity of personal information.
Companies operating in regions with strict privacy laws must ensure compliance to avoid penalties or legal actions. Some of the other prominent challenges include a lack of compatibility between existing digital solutions in the company and tools enabling remote IT support.
The global remote IT support services market is segmented based on end-user type, service type, and region.
Based on end-user type, the global market segments are large enterprises and small & medium size enterprises. In 2023, the highest growth was observed in the large enterprises segment. Companies with higher numbers of workforce and larger share of revenue generally have greater need for remote IT support services.
Additionally, the rise of IT outsourcing is helping the segment grow. For instance, Accenture, a global professional services company, serves more than 9000 clients worldwide.
Based on the service type, the remote IT support services industry divisions are managed services and break-fix support. In 2023, the highest revenue was generated in the managed services segment. It deals with remote management of IT infrastructure to avoid any IT-related technical problems.
Managed services include security management, network monitoring, and software updates whenever necessary. Break-fix support is a reactive process in which IT professionals deal with a technical incident after it has occurred. On average, companies tend to spend around 5 to 7% of total revenue on IT support systems.
Report Attributes | Report Details |
---|---|
Report Name | Remote IT Support Services Market |
Market Size in 2023 | USD 1.93 Billion |
Market Forecast in 2032 | USD 5.08 Billion |
Growth Rate | CAGR of 11.35% |
Number of Pages | 220 |
Key Companies Covered | Remote Tech Support, Kaspersky Tech Support, Geek Squad, Tech Support Expert, Onsite Computer Solutions, My Computer Works, Ridge Tech Solutions, NerdsToGo, Comcast Business, Tech to Us, Support.com, iYogi, Secureworks, Bask, FixNow, and others. |
Segments Covered | By End-User Type, By Service Type, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America to generate significant revenue during the projection period
The global remote IT support services market will be led by North America during the projection period. The US is one of the world’s most dominant regions in terms of IT development. It is home to technology pioneers such as Google, Microsoft, Meta, and others.
Moreover, the US IT industry continues to invest in cutting-edge solutions with applications across sectors such as healthcare, space exploration, automotive, retail, and others. The presence of some of the leading companies enabling remote IT support services, including Amazon, Microsoft Azure, Oracle Cloud, and others, will enable higher regional industry growth in the coming years.
In July 2024, Microsoft Corp and Lumen Technologies announced a new partnership. The collaboration will allow the latter to leverage the technical capabilities of Microsoft Cloud, thus helping Lumen to achieve greater digital transformation.
Asia-Pacific is a prominent market with a high share of global revenue. Countries such as China, India, Japan, Singapore, and others are key regional market drivers. India, for instance, continues to shape the global IT architecture. Some of the most prominent professional services companies based in India include HCL Technologies, Wipro, Infosys, and Mindtree. The companies cater to the IT needs of clients spread globally.
The global remote IT support services market is led by players like:
By End-User Type
By Service Type
FrequentlyAsked Questions
Remote information technology (IT) support services refer to the process of providing IT-related services from remote locations.
The global remote IT support services market is expected to grow due to the growing remote work culture trend worldwide.
According to study, the global remote IT support services market size was worth around USD 1.93 billion in 2023 and is predicted to grow to around USD 5.08 billion by 2032.
The CAGR value of the remote IT support services market is expected to be around 11.35% during 2024-2032.
The global remote IT support services market will be led by North America during the projection period.
The global remote IT support services market is led by players like Remote Tech Support, Kaspersky Tech Support, Geek Squad, Tech Support Expert, Onsite Computer Solutions, My Computer Works, Ridge Tech Solutions, NerdsToGo, Comcast Business, Tech to Us, Support.com, iYogi, Secureworks, Bask and FixNow.
The report explores crucial aspects of the remote IT support services market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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