Enterprise File Synchronization and Sharing (EFSS) Market Outlook with Expected 19.67% CAGR 2019 – 2023 | Top Key Players - Box, Capgemini, Citrix Systems, Dropbox, Google, Microsoft, Syncplicity

Marketprognosis.com Publish a New Market Research Report On “Global Enterprise File Synchronization and Sharing (EFSS) Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Enterprise File Synchronization and Sharing (EFSS) Market:

The Global Enterprise File Synchronization and Sharing (EFSS) Market was valued at USD 1.54 Billion in 2017 and is expected to reach a value of USD 4.52 Billion by 2023 at a CAGR of 19.67% over the forecast period of 2018 - 2023.

It was reported that around the early 2010s, around 25% of the global information workforce used commercial file synchronization and sharing services. File sharing and synchronization software have become an essential productivity-enabling resource for increasingly mobile information workers, majorly driven by the BYOD policy. However, in the absence of modern enterprise EFSS solutions, a majority of information workers share documents and files via email and other unsecured methods.

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Security Concerns among CIOs Driving Deployment of EFSS; While the decision makers in the industry are interested in implementing enterprise file synchronization and sharing solutions to improve employee collaboration and enable mobile access to information, IT security decision-makers in highly-regulated industries are aiming at the need for security and risk mitigation than on improving employee collaboration and mobile access. The heavily regulated financial sector and high patent risks associated with IT and ITeS sector, are witnessing a steep rise in such incidents. This upsurge is likely to drive the adoption of these solutions within the mentioned enterprises.

Another key reason behind the adoption of the EFSS is the rise in millennial population, which is likely to reach 75% of the total population by the year 2020. The new generation is known for their low tolerance of cumbersome and lacking features, as they are adapted to working with fast technology solutions through their personal devices. In other words, the legacy solutions are becoming out-of-date and irrelevant.

Regionally, North America held the largest market share in 2017, and the Asia-Pacific region is expected to grow with the highest CAGR during the forecast period of 2018 - 2023. The United States holds the largest share of the market due to the presence of a large number of services and software providers, whereas the presence of large number of SME’s and increasing technological penetration in the Asia-Pacific region especially in countries, like China, India, and Vietnam is expected to fuel the market in this region.

A complete analysis of the competitive landscape of the Global Enterprise File Synchronization and Sharing (EFSS) Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Enterprise File Synchronization and Sharing (EFSS) Market players.

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Major Key Players:

1 Box, Inc.

2 Capgemini SE

3 Citrix Systems, Inc.

4 Dropbox, Inc.

5 Egnyte Inc.

6 Google, Inc.

7 Microsoft Corporation

8 Syncplicity LLC and More……………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Enterprise File Synchronization and Sharing (EFSS) Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Enterprise File Synchronization and Sharing (EFSS) Market Overview

4 Enterprise File Synchronization and Sharing (EFSS) Market Dynamics

5 Enterprise File Synchronization and Sharing (EFSS) Market Segmentation

6 Vendor Market Share

7 Company Profiles

8 Investment Analysis

9 Future of the Market

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