Global Enterprise File Sharing and Synchronization (EFSS) Market| CAGR of 23.2% in 2025 with Keyplayers like Dropbox Inc, Google Inc., Microsoft Corporation, SugarSync Inc.
Global Enterprise File Sharing and Synchronization (EFSS) Market Description
Enterprise File Sharing and Synchronization (EFSS) solution allows individuals and organizations to share and synchronize various kinds of files across and out of the organization and allowing access to individuals, organizations and customers. North America, being a technologically advanced region along with high number of small and large enterprises is driving the enterprise file sharing and synchronization market. Europe is the second largest adopter of EFSS solutions, while APAC region with growing numbers of various organizations and increasing technological trends lags behind the above two regions. Dropbox, Microsoft, Google and Box and Citrix are among the major players operating in enterprise file sharing and synchronization market.
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Top Keyplayers
- 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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