Enterprise File Synchronization and Sharing Market Size, Share, Future Trends And Forecast By Industry Top Players (2019-2026): Dropbox, Egnyte, IBM Aspera, Google, VMware, Microsoft

Enterprise File Synchronization and Sharing Market Size – USD 3.1 billion in 2018, Market Growth - CAGR of 19.8%, Market Trends –Increasing demand for cloud based solutions.
The Enterprise File Synchronization and Sharing market is expected to grow from USD 3.1 billion in 2018 to USD 11 billion by 2026, at a CAGR of 19.8% during the forecast period. Focus of enterprises and government for secured sharing of information, rise in digitized workplaces & mobile workforce and the increasing need for interaction between employees and the organizations are some of the driving factors of the market. For instance, Governments of all countries are majorly focusing on adopting e-governance, i.e., the use of information and communication technology for government services, information exchange, communication transactions, integration of various stand-alone systems and services between government and citizen, business, government and employees.

The issues faced by enterprises for deployment of EFSS is its expense. This may be a major restraining factor for the EFSS market.

Players will require increased investments to tackle these restraints and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the Enterprise File Synchronization and Sharing market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.

In market segmentation by manufacturers, the Enterprise File Synchronization and Sharing report covers the following
CodeLathe (FileCloud) (US), Box (US), Dropbox (US), Syncplicity by Axway (US), Egnyte (US), BlackBerry (Canada), IBM Aspera (US), VMware (US), Google (US), Acronis International (Switzerland), OpenText (Canada), Thru. Inc. (US), Citrix Systems (US), Accellion (US), j2 Global (SugarSync) (US), SkySync (US), HighQ Solutions (UK), Nextcloud (Germany), ownCloud (Germany), Intralinks (US), Microsoft (US), Qnext (FileFlex) (Canada), XMedius Solutions (Canada), Northbridge Secure Systems (Australia), Inspire-Tech (Singapore/US), MyWorkDrive by Wanpath LLC (US), and CTERA Networks (Israel/US)

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Enterprise File Synchronization and Sharing Market split by Deployment type Outlook, can be divided into:
Cloud
• Public Cloud
• Private Cloud
• Hybrid Cloud
On-Premises

Enterprise File Synchronization and Sharing Market split by Component Outlook, can be divided into:
Standalone EFSS Solution
Integrated EFSS Solution
Services
• Professional Services
• Consulting Services
• Integration and Deployment
• Training and Support
Managed Services

Enterprise File Synchronization and Sharing Market split by Organization size, can be divided into:
• Large Enterprises
• Small and Medium-Sized Enterprises

Enterprise File Synchronization and Sharing Market split by Organization size, can be divided into:
• Banking, Financial Services, and Insurance
• Software and Technology
• Government and Public Sector
• Healthcare
• Legal
• Education
• Retail
• Media and Entertainment
• Others


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Further key findings from the report suggest:
• The Enterprise File Synchronization and Sharing market is expected to grow from USD 3.1 billion in 2018 to USD 11 billion by 2026, at a CAGR of 19.8% during the forecast period.
• The major contributing factors for the growth of the market for Enterprise File Synchronization and Sharing can be the focus of enterprises and governments for secured sharing of information, rise in digitized workplaces & mobile workforce and the increasing need for interaction between employees and the organizations are some of the driving factors of the market.
• The enterprise file synchronization and sharing market is segmented by deployment type into cloud and on-premises. The cloud deployment type is expected to witness highest growth, at a CAGR of approximately 20.2% in the forecast period, due to its high demand by organizations, since it provides many benefits like affordable, scalability, reliability, flexibility, and remote location access.
• The Enterprise File Synchronization and Sharing Market is segmented by component into Standalone EFSS solutions, Integrated EFSS solutions and services. Integrated EFSS solutions is expected to grow with the highest CAGR of approximately 20.6% in the forecast period, since it is adapted by most of the enterprises due to the range of services available such as, third-party business applications like Enterprise Content Management (ECM), Microsoft office, and information rights management.
• The enterprise file synchronization and sharing market is segmented by organization size into large and small & medium-sized enterprises. Large and medium-sized mostly adapt the EFSS solutions, small-sized enterprises may find the EFSS solutions a little unaffordable, thus lowering the market of EFSS in the small-sized enterprise segment.
• The Enterprise File Synchronization and Sharing Market is segmented by industry vertical into banking, financial services & insurance, software & technology, healthcare, legal education, retail, media & entertainment and others. Healthcare segment is expected to witness the highest growth, at a CAGR of approximately 21.3% in the forecast period. The increased use of mobile devices in this industry, the growing population, changing lifestyles, awareness in health-related issues are some of the driving factors for this segment. One of the basic benefit of EFSS in healthcare is easy sharing of medical records with the clients. Another segment which is expected to witness growth is the banking, financial services and insurance, the reason being the increase in financial services, IT automation, and reforms in economies and banking services worldwide.
• The Enterprise File Synchronization and Sharing Market is segmented by Geography into North, America, Europe, Asia Pacific and Rest of the World. North America, being a developed region, dominates the market, with market share of approximately USD 1 Billion in the base year, since it focuses on utmost security and is readily adopting new and advanced technologies.
• Key players with in Enterprise File Synchronization and Sharing market are CodeLathe (FileCloud) (US), Box (US), Dropbox (US), Syncplicity by Axway (US), Egnyte (US), BlackBerry (Canada), IBM Aspera (US), VMware (US), Google (US), Acronis International (Switzerland), OpenText (Canada), Thru. Inc. (US), Citrix Systems (US), Accellion (US), j2 Global (SugarSync) (US), SkySync (US), HighQ Solutions (UK), Nextcloud (Germany), ownCloud (Germany), Intralinks (US), Microsoft (US), Qnext (FileFlex) (Canada), XMedius Solutions (Canada), Northbridge Secure Systems (Australia), Inspire-Tech (Singapore/US), MyWorkDrive by Wanpath LLC (US), and CTERA Networks (Israel/US).

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
• United States
• Europe
• China
• Japan
• Southeast Asia
• India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Enterprise File Synchronization and Sharing are as follows:
History Year:2017
Base Year: 2018
Forecast Year 2019 to 2026

The Enterprise File Synchronization and Sharing further aims at providing insight into:
• The major industry terms and forecasts the Enterprise File Synchronization and Sharing, in terms of growth rate, value as well as segmentation on the basis of technology advancements, application share, and geography.
• The market size across major regions including North America, Asia Pacific, Europe, as well as Rest of the World.
• The micro markets with regards to company growth, prospects, as well as a contribution to the Enterprise File Synchronization and Sharing industry.
• Data regarding the major drivers, restraining factors, challenges and opportunities affecting the growth rate of the industry.
• Information about growing investment pockets and competitive landscape for prominent players in the industry.
• The value chain pertaining to the Enterprise File Synchronization and Sharing market.

The report provides answers to the questions below:
• `What will be the status of competitive development including expansion, product and service launches and other developments?
• How much funds are major companies rolling out for their research and development activities in the Enterprise File Synchronization and Sharing space?
• Based on the end user, which category of the Enterprise File Synchronization and Sharing is projected to grow rapidly at the highest CAGR from 2019 to 2026?
• Among product and service types, which segment will lead the Enterprise File Synchronization and Sharing industry during the forecast period?
• Which region is expected to make more sales from 2019 to 2026?

Key Points From TOC:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Enterprise File Synchronization and Sharing Market Segmentation & Impact Analysis
Chapter 5. Enterprise File Synchronization and Sharing Market By Type of Service Insights & Trends
Chapter 6. Enterprise File Synchronization and Sharing Market By Industry Verticals Insights & Trends
Chapter 7. Enterprise File Synchronization and Sharing Market By Size of Organization Insights & Trends
Chapter 8. Enterprise File Synchronization and Sharing Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles

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