The terminal emulator software market has seen considerable growth due to a variety of factors.
• The market size for terminal emulator software has seen quick expansion in the past few years. The expectations are for it to escalate from $8.08 billion in 2024 to $9.4 billion in 2025, indicating a compound annual growth rate (CAGR) of 16.2%.
Factors like migration of legacy systems, establishment of enterprise mobility, mainframe linkage, facilitation of remote workforce, and incorporation of up-to-date technologies can be credited for the growth witnessed in the historical period.
The terminal emulator software market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for terminal emulator software is projected to witness accelerated expansion in the coming years, with a valuation expected to reach $16.95 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 15.9%.
The surge during the prediction period is induced by factors such as transitioning to the cloud, digital enhancements, need for cybersecurity, incorporation with DevOps strategies, and improvements in user experiences. Key trends anticipated within this period encompass cloud-centric solutions, mobile access, artificial intelligence and automation, containerization, along with industry-specific solutions.
The terminal emulator software market is projected to expand due to the growing use of cloud-based solutions. These solutions, which are delivered over the internet, offer scalable, on-demand access to computer infrastructure, applications, and data storage, facilitating the management of fluctuating workloads without the need for excess hardware. The use of these solutions is rising due to their ability to efficiently scale resources based on demand. Terminal emulator software enables users to access servers, virtual machines, or containerized environments remotely, thus allowing for interaction and management of cloud-based resources from any location with internet access. A clear example of this is seen in February 2024, when AAG IT, an IT services company based in the UK, reported that the revenue of Infrastructure as a Service (IaaS) public cloud service rose from $343 billion in 2021 to $415 billion in 2022. This growing adoption of cloud-based solutions, therefore, acts as a significant driver for the expansion of the terminal emulator software market.
The terminal emulator software market covered in this report is segmented –
1) By Type: Cloud Based, Web-Based, On-Premise
2) By Application: Large Enterprises, Small And Medium Enterprises
3) By End User Vertical: Telecommunication, Defense, Other End-user Verticals
Subsegments:
1) By Cloud-Based: Multi-Platform Support, Cloud Security Features
2) By Web-Based: Browser-Compatible Emulators, Remote Access Capabilities
3) By On-Premise: Local Installation, Security And Customization Features
Leading entities in the terminal emulator software industry are innovating and creating high-tech products like automatic migration tools, along with introducing a variety of features and improvements. An automatic migration tool is a software tool that eases user transition from one system, format or version to another, minimizing the need for manual intervention. For example, Alacritty, a free and open-source GPU-accelerated terminal emulator based in the U.S, launched a significant update 0.13.0 in December 2023. This update came with new features like persistent config options, warnings for unused config file options, and support for keybindings with dead keys, among others. Further improvements included inline vi-mode search support, support for DECRQM/DECRPM escape sequences, and compatibility with Kitty’s keyboard protocol. The update also transitioned from YAML to TOML for configuration files, and provided an automatic migration tool.
Major companies operating in the terminal emulator software market are:
• Apple Inc.
• Mobatek
• International Business Machines Corporation (IBM)
• FoxTerm Ltd.
• Minicom Development Team (Minicom)
• Open Text Corporation
• Micro Focus
• Rocket Software Inc.
• Alacrity Solutions
• IvantiInc.
• KDE e.V.
• StayLinked Corporation
• RapidSSH
• AnyConnect
• EmTec Inc.
• Putty
• Procomm Plus
• VanDyke Software Inc.
• Termius Corporation
• NetSarang Computer Inc.
• Turbosoft Pty Ltd.
• The GNOME Project
• Maksim Moisiuk
• Extraterm
• SharpSSH (SharpSSH)
• Qodem Development Team (Qodem)
North America was the largest region in the terminal emulator software market in 2024. The regions covered in the terminal emulator software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.