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File Synchronization And Sharing Software Market - Rising Bring-Your-Own-Devices Trend Propells Growth

09-10-2018 08:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

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File synchronization and sharing (FSS) software enable companies to securely synchronize and share photos, documents, videos, and files from multiple sources with its customers, partners, and employees. Such software are utilized by companies to prevent the use of file sharing applications by illegitimate users. FSS software allow the transfer of large files, support multiple file extensions, schedule automated file transfers from repositories, audit file activities, and protect stored files. FSS software have in-built file creating, previewing, and editing facilities.

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The transferred files are protected by antivirus scanning, encryption, and data loss protection features. Some FSS software provide companies the ability to block data in certain geographies. Depending on type of deployment FSS software can be pure cloud, on-premises, and hybrid.

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The growing need for cloud based integration to provide low cost mobility support and the rising bring-your-own-devices trend is further expected to fuel the growth of FSS software market. Furthermore, the increasing number of devices per person present challenges with synchronization and data alignment. IT companies are increasingly adopting FSS software to enhance their productivity by efficiently providing collaboration between workers and also to limit security threats.

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Organizations are vulnerable to information leakages caused due to the uncontrolled use of personal cloud services, and this mandates the deployment of FSS software. The ability to securely manage the huge amount of data that is generated on a daily basis is the biggest factor driving the growth of file synchronization and sharing software market.

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