The major contributing factor for the growth of the market for Enterprise File Synchronization and Sharing can be the focus of enterprises and government for secured sharing of information. For more secured sharing, it is necessary to use New Unified File Management Solutions.
Market Size – USD 3.1 billion in 2018, Market Growth – CAGR of 19.8%, Market Trends –Increasing demand for cloud based solutions.
The Enterprise File Synchronization and Sharing market is expected to grow from USD 3.1 billion in 2018 to USD 11 billion by 2026, at a CAGR of 19.8% during the forecast period. Focus of enterprises and government for secured sharing of information, rise in digitized workplaces & mobile workforce and the increasing need for interaction between employees and the organizations are some of the driving factors of the market. For instance, Governments of all countries are majorly focusing on adopting e-governance, i.e., the use of information and communication technology for government services, information exchange, communication transactions, integration of various stand-alone systems and services between government and citizen, business, government and employees.
The issues faced by enterprises for deployment of EFSS is its expense. This may be a major restraining factor for the EFSS market.
Players will require increased investments to tackle these restraints and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the Enterprise File Synchronization and Sharing market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.
Key players with in Enterprise File Synchronization and Sharing market are CodeLathe (FileCloud) (US), Box (US), Dropbox (US), Syncplicity by Axway (US), Egnyte (US), BlackBerry (Canada), IBM Aspera (US), VMware (US), Google (US), Acronis International (Switzerland), OpenText (Canada), Thru. Inc. (US), Citrix Systems (US), Accellion (US), j2 Global (SugarSync) (US), SkySync (US), HighQ Solutions (UK), Nextcloud (Germany), ownCloud (Germany), Intralinks (US), Microsoft (US), Qnext (FileFlex) (Canada), XMedius Solutions (Canada), Northbridge Secure Systems (Australia), Inspire-Tech (Singapore/US), MyWorkDrive by Wanpath LLC (US), and CTERA Networks (Israel/US).
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Further key findings from the report suggest
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For the purpose of this report, the market has been segmented on the basis of deployment type, component, organization size, industry vertical and regional analysis.
Deployment type Outlook (Revenue, USD Million; 2018–2026)
Component Outlook (Revenue, USD Million; 2018–2026)
Organization size (Revenue, USD Million; 2018–2026)
Industry vertical Outlook (Revenue, USD; 2018-2026)
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Regional Outlook (Revenue, USD Million; 2018–2026)
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