Press release
Enterprise File Sharing and Synchronization (EFSS) Market| CAGR of 23.2% in 2025 with Keyplayers like Dropbox Inc, Google Inc., Microsoft Corporation, SugarSync Inc.
Enterprise File Sharing and Synchronization (EFSS) Market
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Top Key players:
Accellion, Inc
Box, Inc.
Citrix Systems, Inc.
Dropbox, Inc
Egnyte, Inc.
Google, Inc.
Microsoft Corporation
SugarSync, Inc.
Syncplicity LLC
VMware, Inc.
Market Insights
Cloud deployment model expected to continue its dominance in the enterprise file sharing and synchronization market
Currently, almost 61% of the EFSS deployments are on cloud. Cloud models are most preferred by smaller and large organizations to store, manage and share efficiently the critical and sensitive files. Larger organizations also prefer cloud deployment models for their mission critical data. Lesser investments and easy integration with the systems have made the adoption of cloud deployment model more attractive among the organizations. Hence, cloud deployment model is expected to drive the growth of enterprise file sharing and synchronization market in the forecast period.
Need to improve mobility and secured mobile service to access data would serve as an opportunity for various industries to adopt EFSS solutions
Concerns regarding the privacy and security of data have been the biggest challenging factor for the growth of enterprise file sharing and synchronization market globally. Companies with mission critical data have preferred the traditional on-premise file sharing systems to manage their data. Enhanced data protection for such mission critical and sensitive data would be a differentiating factor for EFSS vendors. The hybrid and private cloud deployment models have emerged to fulfill such needs of organizations. This differentiation would serve as a huge opportunity for large organizations to adopt EFSS solutions and further strengthen the enterprise file sharing and synchronization market.
Global Enterprise File Sharing and Synchronization- Market Segmentation
By Application
Enterprise Content Management Systems
Enterprise Storage and Backup
Enterprise Document Collaboration
Enterprise Mobility
Others
By Services
Professional Services
Integration Services
By Deployment Model
Cloud Deployment
On-premise Deployment
By Industry Vertical
Healthcare and Life Sciences
Financial Services & Insurance
Telecommunication & IT
Media & Entertainment
Consumer Goods & Retail
Industrial Goods & Automotive
Others
By Geography
North America : U.S, Canada, Mexico
Europe: France, Germany, Italy, Spain, U.K Rest of Europe
Asia Pacific (APAC): Japan, China, India, Australia, Rest of APAC
Middle East & Africa (MEA): Saudi Arabia, South Africa, UAE, Rest of MEA
South America (SAM): Brazil, Rest of SAM
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What does this report contains? Why to Purchase? Have a Look
Understand the key players in the global EFSS market upon what major development that they done, and how probable are these to thrive in the market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the market, thereby allowing players across the value chain to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as the ones hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest.
Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition.
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The Insight partners,
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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