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Global Enterprise File Synchronization And Sharing (EFSS) Market Forecasted to Grow at 26.4% CAGR and Reach $25.16 Billion by 2027: Analysis of Enterprise File Synchronization And Sharing (EFSS) Market Segments and Key Players || Citrix Systems, Blackberr
Enterprise File Synchronization And Sharing (EFSS) Market
Enterprise File Synchronization And Sharing (EFSS) Market Size, Growth Rate, And Forecast
The global enterprise file synchronization and sharing (EFSS) market size grew from $7.8 billion in 2022 to $9.86 billion in 2023 at a compound annual growth rate (CAGR) of 26.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enterprise file synchronization and sharing (EFSS) market size is expected to grow to $25.16 billion in 2027 at a CAGR of 26.4%.
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Enterprise File Synchronization And Sharing (EFSS) Market Drivers
The increase in data security concerns are expected to drive the growth of the enterprise file synchronization and sharing market in the coming years. Data security is a crucial aspect of a complete security plan that includes recognizing, evaluating, and mitigating threats connected to sensitive data security. Many businesses are concerned about the security of their digital data. To safeguard the data, enterprise file-synchronization and sharing (EFSS) platforms integrate security features such as authentication, data encryption, containerization, and tracking.
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Enterprise File Synchronization And Sharing (EFSS) Market Segments
• By Component: Solutions, Services
• By Deployment Mode: On-Premises, Cloud
• By Application: Enterprise Content Management Systems, Enterprise Storage And Backup, Enterprise Document Collaboration, Enterprise Mobility, Other Applications
• By End-User: IT And Telecom, Banking, Financial Services and Insurance, Retail, Manufacturing, Education, Government, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the enterprise file synchronization and sharing (EFSS) market.
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Enterprise File Synchronization And Sharing (EFSS) Market Key Players
Major competitors in the enterprise file synchronization and sharing market are Citrix Systems, Blackberry, Syncplicity by Axway, Egnyte, Nextcloud, OpenText, Box, Microsoft Azure, Dropbox Inc., Accellion.
The Business Research Company's "Global Enterprise File Synchronization And Sharing (EFSS) Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Enterprise File Synchronization And Sharing (EFSS) Market Include:
1. Executive Summary
2. Enterprise File Synchronization And Sharing (EFSS) Market Characteristics
3. Enterprise File Synchronization And Sharing (EFSS) Market Trends And Strategies
4. Enterprise File Synchronization And Sharing (EFSS) Market - Macro Economic Scenario
5. Enterprise File Synchronization And Sharing (EFSS) Market Size And Growth
………………
27. Enterprise File Synchronization And Sharing (EFSS) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enterprise File Synchronization And Sharing (EFSS) Market
29. Enterprise File Synchronization And Sharing (EFSS) Market Future Outlook and Potential Analysis
30. Appendix
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