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Enterprise File Synchronization and Sharing (EFSS) - Global Market Outlook (2018-2027)

Enterprise File Synchronization and Sharing (EFSS) - Global Market Outlook (2018-2027)

4.4 (63 reviews)
Published: November 2019 ID: SMRC18684
4.4 (63 reviews)
Published: November 2019 ID: SMRC18684

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Enterprise File Synchronization and Sharing (EFSS) Market is accounted for $3.40 billion in 2018 and is expected to reach $24.40 billion by 2027 growing at a CAGR of 24.5% during the forecast period. Some of the key factors influencing the market growth include stringent government compliances and regulations, growing digital workplace and mobile workforce and increasing collaborations between employees and enterprises. However, the high cost of EFSS solutions is restricting market growth.

Enterprise file synchronization and sharing is a process which aids an individual in an organization to share or synchronize the documents, data, files, photos or videos among various devices like PC, laptops, and smartphones. It helps the individual to share the documents internal to an organization or to external customers. The file can be edited or modified as per the individual need and expertise of the person.

Amongst deployment type, the cloud segment is going to have a lucrative growth during the forecast period due to the rising adoption rate of the cloud deployment due to its wide range of features and functionalities, such as reliability, speed in accessing information, pay-per-usage models, and lower operational costs. It is being rapidly accepted by various enterprises, because of its easy, flexible, affordable, and scalable features. It also provides the highest level of data security and dependability.

By Geography, North America is likely to have a huge demand due to its stable economy, and willingness to adopt new and emerging technologies. The North American region is receptive toward adopting EFSS solutions within organizations to safeguard its content from piracy and data breaches, web and network threat security, cyberattacks, and severe data losses.

Some of the key players in global Enterprise File Synchronization and Sharing (EFSS) market are VMware, Nextcloud GmbH, IBM, XMedius Solutions, Thru Inc, Microsoft, Qnext Corp., Northbridge Secure Systems Pty Ltd, Google, CTERA Networks, OpenText, BlackBerry, Acronis, Citrix Systems, Dropbox Inc., SugarSync, Box, Inc., and Inspire-Tech Pte Ltd .

Deployment Types Covered:
• On-premises
• Cloud

Components Covered:
• Solutions
• Services

Organization Sizes Covered:
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises

Distribution Channels Covered:
• Departmental Stores
• Hypermarkets and Supermarkets
• Speciality Stores
• Online Stores

Applications Covered:
• Enterprise Content Management System
• Enterprise Mobility
• Enterprise Storage & Backup
• Cloud Virtualization
• Enterprise Document Collaboration
• Other Applications

End Users Covered:
• Software and Technology
• Healthcare and Life Sciences
• Consumer Goods & Retail
• Banking, Financial Services, and Insurance (BFSI)
• Media and Entertainment
• Education
• Government and Public Sector
• Legal
• Defence
• Industrial Goods & Automotive
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

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