Home / Technology & Media / Enterprise File Sharing & Synchronization (EFSS) Solutions Market Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Enterprise File Sharing & Synchronization (EFSS) Solutions Market Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Overview:

Enterprise file sharing and synchronization (EFSS) refers to solutions that allow users to securely store, share and synchronize various media files such as documents, videos, photos and others among people using different devices. EFSS solutions offer services such as document live commenting, version tracking and workflow process management to help users edit, store, share and review file in real-time. Organizations are adopting EFSS solutions to prohibit employees from saving or sharing important corporate data through public cloud storage and sharing services that are not in control of IT administrators.

EFSS solutions are used for numerous applications such as enterprise storage & backup, enterprise content management system, cloud virtualization, enterprise mobility, enterprise document collaboration and others. Of these, cloud virtualization contributes to the majority share of the overall EFSS market value. Cloud virtualization enables optimal utilization of resources, allowing enterprises to increasingly move toward virtualization technologies to speed up their business processes.

The overall EFSS solutions market is highly driven by the immense operational benefits offered by these solutions as compared conventional data sharing methods. Some of the prominent features offered by EFSS solutions include:

  • Improved ease of use with document security and confidentiality
  • Enhanced flexibility and scalability
  • Faster core back-end processes
  • Real-time access and elimination of travel and other expenses
  • Safe and secure file sharing and storage

Rapidly growing adoption of cloud services is another motivating factor for EFSS solutions market. In recent years, numerous enterprises have extensively adopted cloud storage services such as Dropbox, Microsoft OneDrive, Google Drive and others thereby paving way for EFSS solutions. The EFSS solutions market is highly consolidated in nature with companies such as Dropbox, Inc., Microsoft Corporation and Google, Inc. contributing to more than 60% of total market value. Moreover, growing popularity of the concept of bring your own device (BYOD) policy too has spurred the adoption of cloud storage services. Subsequently, EFSS solutions have witnessed significant penetration since the past few years.

EFSS market is rapidly expanding its penetration into every industry that demands intuitive and secure mobile file sharing capabilities. North America has been early adopter of the latest technological developments including integration and mobility solutions with cloud within traditional EFSS solutions. Europe is the second leading geographical region for EFSS market whereas, Asia Pacific is estimated to register high growth during the forecast period.

The global Enterprise File Sharing & Synchronization (EFSS) Solutions Market is segmented on the following basis:

  • Application:
    • Enterprise Storage & Backup
    • Enterprise Content Management System
    • Cloud Virtualization
    • Enterprise Mobility
    • Enterprise Document Collaboration
  • Deployment Model:
    • On-premise
    • Cloud
  • End-user:
    • Small & Medium Enterprises (SMEs)
    • Large Enterprises
  • Industry Verticals:
    • BFSI
    • Media & Entertainment
    • IT & Telecommunication
    • Manufacturing
    • Defense
    • Energy & Power
    • Transportation
  • Geography:
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • South Asia
      • Australasia
      • Rest of Asia Pacific
    • Rest of the World (RoW)
      • Latin America
      • Middle East & Africa (MEA)

Key Players Identified in Enterprise File Sharing & Synchronization (EFSS) Solutions Market include but are not limited to: 

Dropbox, Inc., Citrix Systems, Inc., Box, Inc., Egnyte, Inc., Microsoft Corporation, Google, Inc., WatchDox, Inc., Thru, Inc., Varonis Systems, Inc., Acronis International GmbH, VMware, Inc., Blackberry Ltd. and others.

Choose License Type
Connect With Us
+1-800-361-8290
24/7 Research Support

Our Clients