Enterprise File Synchronization and Sharing Market Size, Trends Analysis, Growth Opportunities & Industry Forecast Report, 2020-2027
Enterprise File Synchronization and Sharing (EFSS) Market by Component (Integrated EFSS Solutions, Standalone EFSS solution and Others), by Offering (Services and Solutions) By Deployment Model (On premise based and Cloud-based {Private cloud, Public cloud and Hybrid cloud}), By Application, by End-users (and By Region – Global Opportunities & Forecast, 2020-2027
Published Date: Jun - 2021 | Report Format: Excel/PPT | Report Code: UP1647-001001
Enterprise File Synchronization and Sharing (EFSS) Market is projected to reach USD 26,220 million by 2027, exhibiting a CAGR of 27.9% during forecast period.
Introduction of the Enterprise File Synchronization and Sharing (EFSS) Market Report
Enterprise file synchronization and sharing are the software information technology services that help the organizations for securely sharing and synchronizing the data such as documents, videos, photos, and files from multiple devices within the company and external customers as well as partners. It allows users to securely share and sync files with the use of on-premises or cloud storage depending upon the security and compliances required. Many organizations have adopted EFSS technologies for preventing the employees from using consumer-based file sharing apps, that can’t manage or control with these apps. EFSS services has several features includes document tracking, live commenting, and workflow process management for helping users or organizations to store, edit, review and shared files.
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Market Dynamic
Key Drivers and Emerging Trends
The factors driving the global enterprise file synchronization and sharing (EFSS) market include increasing demand for the file sync-and-share in the corporate world to improve content management, collaboration and secure file sharing among employees and managers. Businesses can use enterprise file sync-and-share to improve content management, collaboration and secure file sharing among employees. Enterprise File Synchronization and Sharing (EFSS) is widely adopted in the private, public and government sectors to transfer the data and required documents within the organizations. Increasing digital technology based SMEs, and large corporations with growing need for fast and reliable data transfer with growing robust, scalable, and effective collaborations using the mobile workforce have propelled the market growth. For instance, according to the United Nations Conference on Trade and Development Report, the digital platforms adoption is increasing at rapid pace in the world economy. The combined value digital technology IT based platform companies was valued more than US$ 7 trillion in 2017. Some global digital platforms have achieved acquired leading market positions in certain areas. Thus increasing the digital IT companies have massive demand for the ESSS services for data transfer and securing the real time integrated workflow with automation to increase operational efficiency.
Further, during the COVID-19 pandemic, the demand by the enterprise customers for the first time to scale up and support hundreds of millions of files and access to up to hundreds of terabytes of data from any web browser, iOS or Android device, for remote workers.
Restraint in the enterprise file synchronization and sharing (EFSS) Market
However, increasing concerns related to cyber threat and data theft, high cost of the complex integrated systems and network issues may hamper the global enterprise file synchronization and sharing (EFSS) market.
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Component – Segment Analysis
Based on the component, standalone software application has the largest share for the enterprise file synchronization and sharing (EFSS) market as it provide the detail necessary data requirement for the specific department with a more general outlook.
Service – Segment Analysis
Based on the service, professional services segment is expected to grow at the fastest rate in the global enterprise file synchronization and sharing (EFSS) market during the forecast period owing to rising demand by the leading SMEs and large corporations to transfer and store the data using the enterprise file synchronization and sharing (EFSS) across the globe. The majority of large corporations and SMEs are integrating the workflow using EFSS to increase operational efficiency.
Offering – Segmentation Analysis
Based on the offering, the solutions segment has the considerable share for the growth of the global enterprise file synchronization and sharing (EFSS) market, this is primarily due to increasing adoption of the integrated softwares by the leading businesses in order to meet the global digitalization demand.
Deployment Model – Segment Analysis
Based on the deployment model, cloud-based segment is projected to capture the largest market share over the forecast period in the global enterprise file synchronization and sharing (EFSS) market due to rising adoption of the cloud platforms by the leading businesses and IT firms to integrate its data sharing and storing operations so as to reduce the hardware cost.
Application – Segment Analysis
Based on the application, enterprise storage and backup holds the highest market share in 2019 in the global enterprise file synchronization and sharing (EFSS) market owing to the increasing the requirement of the storing the data to access the consumer’s behaviour so as to generate revenue. Also, the enterprise file synchronization & sharing provides secure authentication protocols, granular access control, and authorization policies related to device lock, pass code protection, white/black listings and data expiration policies.
End-Users – Segment Analysis
Based on the end-users, software and technology is expected to have major market share in the global enterprise file synchronization and sharing (EFSS) market in upcoming years owing to the rise in consumer awareness and surge in the adoption of the smart devices across the globe.
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Regional – Segment Analysis:
Based on the region, North America region is expected to capture a significant market share in the global enterprise file synchronization and sharing (EFSS) market in 2019 due to the presence of the leading technological digital platform companies, growing number of internet users and surge in the rapid adoption of digitalization and automated workflow system within SMEs and large corporations in this region.
Top Market Players
Various notable players operating in the market, include, Citrix Systems, Vmware, BlackBerry Workspaces, Accellion, Axway’s Syncplicity, Box, Dropbox Business, Google Drive, Microsoft OneDrive, Egnyte, Syncplicity LLC., Sugarsync, Inc and among others.
Key Developments:
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- In 2020, Dropbox have been introduced new features for home based and remote users. The features includes Mass deletions, mass data moves, sensitive content shared externally, malware shared from outside your team, Passwords, document vault, malware shared within team, too many failed sign-in attempts and sign-in from a high-risk country.
- In 2020, Panzura launched Mobile 3.5 solution for remote enterprise workers. It delivers advanced security and IP protection, with Real-Time Access using panzura’s global cloud file system from any device for large enterprises.
- In 2017, CodeLathe, one of the leading providers of unified enterprise file services platform had launched new software as a service that brings file sharing, sync, endpoint backup and enterprise search all into one service. It helps to consolidate all file sharing, sync and backup needs into one solution platform.
Segments covered in the Report:
The global enterprise file synchronization and sharing (EFSS) market has been segmented on the basis of component, offering, deployment model, application, end-users and key regions. In terms of component, the market is bifurcated into Integrated EFSS Solutions, Standalone EFSS solution and others. Based on offering, the market is segmented into services and solutions. Based on deployment model, the market is segmented into cloud based and on-premise based. Further, cloud based is divided into private cloud, public cloud and hybrid cloud. Based on application, the market is segmented enterprise mobility, enterprise storage and backup, enterprise document management, enterprise content management system, secure authentication and granular remote access and others. In terms of the end-user, the global enterprise file synchronization and sharing (EFSS) market is divided into Software and Technology, Banking, Financial Services, and Insurance (BFSI), Government and Public Sector, Healthcare, Education, Retail, Media & Entertainment and Others.
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Key questions answered in this research report:
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- At what pace is global Enterprise File Synchronization and Sharing (EFSS) market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in Enterprise File Synchronization and Sharing (EFSS) market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Enterprise File Synchronization and Sharing (EFSS) market?
- Which Service generated maximum revenues in 2019 and identify the most promising Service during the forecast period?
- What are the various Deployment Model areas of global Enterprise File Synchronization and Sharing (EFSS) market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2019 |
Market Forecast Period |
2020-2027 |
Market Revenues (2027) |
USD 26,220 million |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Component, By Offering, By Deployment Model, By Application, By End-Users, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Citrix Systems, Vmware, BlackBerry Workspaces, Accellion, Axway’s Syncplicity, Box, Dropbox Business, Google Drive, Microsoft OneDrive, Egnyte, among others |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Enterprise File Synchronization and Sharing (EFSS) Market by Component
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- Integrated EFSS Solutions
- Standalone EFSS Solutions
- Others
Global Enterprise File Synchronization and Sharing (EFSS) Market by Offering
-
- Services
- Solutions
Global Enterprise File Synchronization and Sharing (EFSS) Market by Deployment Model
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- On Premise based
- Cloud Based
- Private cloud
- Public cloud
- Hybrid cloud
Global Enterprise File Synchronization and Sharing (EFSS) Market by Application
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- Enterprise Mobility
- Enterprise Storage and Backup
- Enterprise Document Management
- Enterprise Content Management System
- Secure Authentication and Granular Remote Access
- Others
Global Enterprise File Synchronization and Sharing (EFSS) Market by End-Users
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- Software and Technology,
- Banking, Financial Services, and Insurance (BFSI)
- Government and Public Sector
- Healthcare
- Education
- Retail
- Media & Entertainment
- Others
Global Enterprise File Synchronization and Sharing (EFSS) Market by Region
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- North America Enterprise File Synchronization and Sharing (EFSS) Market (Option 1: As a part of the free 25% customization)
- North America Enterprise File Synchronization and Sharing (EFSS) Market by Component
- North America Enterprise File Synchronization and Sharing (EFSS) Market by Offering
- North America Enterprise File Synchronization and Sharing (EFSS) Market by Deployment Model
- North America Enterprise File Synchronization and Sharing (EFSS) Market by Application
- North America Enterprise File Synchronization and Sharing (EFSS) Market by End-user
- US Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Canada Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Europe Enterprise File Synchronization and Sharing (EFSS) Market (Option 2: As a part of the free 25% customization)
- Europe Enterprise File Synchronization and Sharing (EFSS) Market by Component
- Europe Enterprise File Synchronization and Sharing (EFSS) Market by Offering
- Europe Enterprise File Synchronization and Sharing (EFSS) Market by Deployment Model
- Europe Enterprise File Synchronization and Sharing (EFSS) Market by Application
- Europe Enterprise File Synchronization and Sharing (EFSS) Market by End-User
- UK Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Germany Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- France Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Spain Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Rest of Europe Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Asia-Pacific Enterprise File Synchronization and Sharing (EFSS) Market (Option 3: As a part of the free 25% customization)
- Asia-pacific Enterprise File Synchronization and Sharing (EFSS) Market by Component
- Asia-pacific Enterprise File Synchronization and Sharing (EFSS) Market by Offering
- Asia-Pacific Enterprise File Synchronization and Sharing (EFSS) Market by Deployment Model
- Asia-Pacific Enterprise File Synchronization and Sharing (EFSS) Market by Application
- Asia-Pacific Enterprise File Synchronization and Sharing (EFSS) Market by End-user
- China Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- India Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Japan Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Rest of APAC Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- RoW Enterprise File Synchronization and Sharing (EFSS) Market (Option 4: As a part of the free 25% customization)
- RoW Enterprise File Synchronization and Sharing (EFSS) Market by Component
- RoW Enterprise File Synchronization and Sharing (EFSS) Market by Offering
- RoW Enterprise File Synchronization and Sharing (EFSS) Market by Deployment Model
- RoW Enterprise File Synchronization and Sharing (EFSS) Market by Application
- RoW Enterprise File Synchronization and Sharing (EFSS) Market by End-Users
- Brazil Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- South Africa Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Saudi Arabia Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- UAE Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- Rest of world (remaining countries of the LAMEA region) Enterprise File Synchronization and Sharing (EFSS) Market All-Up
- North America Enterprise File Synchronization and Sharing (EFSS) Market (Option 1: As a part of the free 25% customization)
Major Players Operating in the Enterprise File Synchronization and Sharing (EFSS) (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Citrix Systems
- Vmware
- BlackBerry Workspaces
- Accellion
- Axway’s Syncplicity
- Box
- Dropbox Business
- Google Drive
- Microsoft OneDrive
- Egnyte
- Sugarsync, Inc.
Frequently Asked Question About This Report
Enterprise File Synchronization and Sharing Market [UP1647-001001]
The major factors driving the enterprise file synchronization and sharing (EFSS) market include increasing demand for the file sync-and-share in the corporate world to improve content management, collaboration and secure file sharing among employees and managers.
The growth rate of Enterprise File Synchronization and Sharing Market during forecast period is 27.9%
The standalone software application has the largest share for the enterprise file synchronization and sharing (EFSS) market as it provides the detail necessary data requirement for the specific department with a more general outlook.
The top player of enterprise file synchronization and sharing market are Citrix Systems, Vmware, BlackBerry Workspaces, Accellion, Axway’s Syncplicity, Box, Dropbox Business, Google Drive, Microsoft OneDrive, Egnyte, Syncplicity LLC., Sugarsync, Inc and among others.
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The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Report is shared with unlimited user (employees) of the purchasing corporation only
Enterprise File Synchronization and Sharing Market Size, Trends Analysis, Growth Opportunities & Industry Forecast Report, 2020-2027
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