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Remote Working Software Market to Reach $42.7 Billion, Globally, by 2032 at 7.1% CAGR: Allied Market Research

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Rise in adoption of cloud computing and the push towards digital transformation have influenced the remote working software market. Cloud-based remote desktop solutions offer benefits such as scalability, accessibility, and reduced IT infrastructure costs. Organizations are migrating their systems and services to the cloud, and remote working software that integrates well with cloud environments provides a competitive advantage. 

NEW CASTLE, Del., Sept. 17, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Remote Working Software Market by Component (Solution and Services), Deployment Mode (On-premise and Cloud), Type (Time and Attendance Software, Communication and Collaboration Software, Measuring and Monitoring Productivity Software, Project Management Software and Others), Enterprise Size (Large Enterprises and Small and Medium Enterprises), and End-User (BFSI, Healthcare, IT & Telecom, Government, Manufacturing, Education and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the remote working software market was valued at $22.5 billion in 2023 and is estimated to reach $42.7 billion by 2032, growing at a CAGR of 7.1% from 2024 to 2032.

Prime determinants of growth 

The increasing adoption of cloud computing and the push towards digital transformation have influenced the remote working software market. Cloud-based remote desktop solutions offer benefits such as scalability, accessibility, and reduced IT infrastructure costs. Organizations are migrating their systems and services to the cloud, and remote desktop software that integrates well with cloud environments provides a competitive advantage. With the rise in remote work, cybersecurity and data privacy have become paramount concerns. Remote desktop software plays a crucial role in ensuring secure remote access to company networks and sensitive data. Organizations are investing in remote desktop solutions that offer strong encryption, multi-factor authentication, and other security features to safeguard their digital assets. The increasing emphasis on compliance with data protection regulations has further driven the demand for secure remote desktop software. 

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Report coverage & details: 

Report Coverage 

Details 

Forecast Period 

2024–2032 

Base Year 

2023

Market Size in 2023 

$22.5 billion 

Market Size in 2032 

$42.7 billion 

CAGR 

7.1 %

No. of Pages in Report 

162

Segments Covered 

Component, Deployment, Type, Enterprise Size, End User, and Region 

Drivers 

Rise in remote work culture 

Increase in adoption of cloud-based remote desktop solutions

Massive product penetration in small & medium-sized organizations

Opportunities 

Increase in emphasis on compliance with data protection regulations 

Restraint 

Data security concerns 

Network Infrastructure limitations 

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The services segment is expected to dominate the market during the forecast period.

By component, the services segment is projected to attain the highest CAGR from 2024 to 2032. This growth is driven by several key factors such as increasing adoption of hybrid model works and increased investment in IT infrastructure and support. 

The cloud segment is expected to dominate the market during the forecast period.

By deployment, the cloud segment is projected to attain the highest CAGR from 2024 to 2032. This growth is driven by several key factors that make cloud-based remote working solutions increasingly attractive to businesses of all sizes. 

The measuring and monitoring productivity software segment is expected to dominate the market during the forecast period.

By type, the measuring and monitoring productivity software segment is projected to attain the highest CAGR from 2024 to 2032, due to the increasing focus on maintaining and enhancing employee productivity in remote work settings. Organizations are investing in advanced analytics and monitoring tools to gain insights into work patterns and ensure efficient performance management. 

The small medium enterprises segment is expected to dominate the market during the forecast period.

By organization size, the small-medium enterprise segment is projected to attain the highest CAGR from 2024 to 2032. This anticipated growth can be attributed to several key factors that make remote working solutions particularly appealing and necessary for SMEs. 

The IT & telecom is expected to dominate the market during the forecast period.

By end-user, the IT & telecom segment is projected to attain the highest CAGR from 2024 to 2032, owing to an increase in the acceptance of cloud-based solutions as well as acceptance of the product in the IT & telecom segment. 

Asia-Pacific to maintain its dominance by 2032

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2023, accounting for three-fourths of the global remote working software market revenue and is expected to rule the roost in terms of revenue during the forecast timeframe. With the rising footprint of work-from-home culture across the U.S. and Canada, leading players could further investments in remote desktop software solutions. 

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Major Industry Players: – 

Microsoft Corporation, IBM Corporation, Slack Technologies, LLC,  ClickMeeting,  Alludo,  TeamViewer GmbH,  eramind Inc.,  Veriato Inc,Workpuls, Inc, Parasol Software Trading L.L.C.NEOGOV,Veriato Inc,Birch Grove Software, Inc 

The report provides a detailed analysis of these key players in the global remote working software market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

In November 2023, IKEA launched three new budget-friendly smart sensors, such as VALLHORN, PARASOLL, and BADRING, which distinguish water spillage and motion. These sensors are pointed toward giving clients more control and peace of mind, empowering them to remain connected with their homes in any event, when they are not there. In October 2023, Leostream, a remote work area access seller, launched another partner program focusing on VMware MSPs. These advancements at Citrix and VMware have created uncertainty in the remote desktop market, giving an open door to Leostream. The President, Karen Gondoly, referenced in a meeting with CRN that Broadcom’s securing of VMware has ignited interest in Leostream’s utilization case as an expense-saving option in contrast to VMware’s Horizon commercial desktop. Leostream, situated in Boston, plans to profit from this valuable chance to grow its market presence. In March 2022, the U.S.-based computer software company IDrive Inc. offered the cloud-based and on-premise remote desktop program RemotePC. Businesses can use RemotePC to send files, manage applications across several remote machines, and interact with customers. It includes advanced features including role-based permissions, live video sharing with augmented reality capabilities, multiple users, session recording, and video conferencing. 

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

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Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

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Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

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HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

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SOURCE Weichai Group

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Portland General Electric declares dividend

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PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

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SOURCE Portland General Company

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