Global Enterprise File Synchronization and Sharing (EFSS) Market Size Expected to Grow from $3.35 Billion in 2018 to $10.94 Billion by 2023, at a CAGR of 26.7% - ResearchAndMarkets.com

DUBLIN--()--The "Enterprise File Synchronization and Sharing (EFSS) Market by Component (Standalone EFSS Solution, Integrated EFSS Solution, & Services), Deployment Type (Cloud & On-Premises), Organization Size, Industry Vertical and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The increasing penetration of smartphones across businesses, a rise in mobile workforce, the increasing collaboration between employees and enterprises, and stringent government regulations over data security are some of the factors expected to drive the EFSS market. However, the high cost of EFSS solutions may act as the restraining factor for the growth of the EFSS market.

The public cloud deployment type is expected to have the largest market share in the EFSS market during the forecast period. The public cloud deployment model offers various benefits to enterprises. Some of these benefits include scalability, reliability, flexibility, and remote location access. The public cloud deployment type is preferred by the enterprises that have less regulatory hurdles, and are willing to outsource their storage facilities, either fully or partially.

Among industry verticals, the Banking, Financial, and Insurance (BFSI) industry vertical is expected to hold the largest market share during the forecast period. The growth in the EFSS market, especially in the BFSI industry vertical, can be attributed to the increasing financial services, IT automation, and reforms in economies and banking services worldwide. EFSS solutions help BFSI organizations in improving their workforce productivity, streamlining business operations, enhancing customer experience, and ensuring compliances and regulatory policies.

Companies Mentioned

  • Accellion
  • Acronis
  • BlackBerry
  • Box
  • CTERA Networks
  • Citrix Systems
  • CodeLathe
  • Dropbox
  • Egnyte
  • Google
  • HighQ
  • IBM
  • Inspire-Tech Pte Ltd
  • Intralinks
  • Microsoft
  • MyWorkDrive By Wanpath LLC
  • Nextcloud GmbH
  • Northbridge Secure Systems Pty Ltd
  • OpenText
  • Qnext Corp.
  • SkySync
  • SugarSync
  • Syncplicity By Axway
  • Thru Inc.
  • VMware
  • XMedius Solutions
  • ownCloud

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Enterprise File Synchronization and Sharing Market, By Component

7 EFSS Market, By Deployment Type

8 Enterprise File Synchronization and Sharing Market, By Organization Size

9 EFSS Market, By Industry Vertical

10 EFSS Market, By Region

11 Competitive Landscape

12 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/98kw7s/global_enterprise?w=4

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900