TeamViewer eyes Indian market for growth

Germany-based remote connectivity software solutions company, TeamViewer, is planning to ramp up its India business by targeting small and medium enterprises and corporates.

TeamViewer’s services allow remote control, desktop sharing, online meetings, web conferencing and file transfer across devices. Its prime market in terms of turnover remains the US, while Germany and Australia are other big markets. Future growth will come from large Asian markets such as India and China.

TeamViewer reported a global turnover of €230 million (over ₹1,800 crore ) and a “double-digit growth” in 2018.

The India operations of the company began in October last year . According to Karl Markgraf, Chief Operations Officer, TeamViewer GmbH, its India strategy includes opting for “local pricing” (of services).