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Enterprise File Sync and Share Market by Deployment and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 133
  • SKU: IRTNTR73242
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Based on Technavio's market sizing methodology, the enterprise file sync and share market size is predicted to surge by USD 12.84 billion from 2021 to 2026 at a CAGR of 25.22%.

This enterprise file sync and share market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The enterprise file sync and share market report offers information on several market vendors, including Accellion USA LLC, Acronis International GmbH, Alphabet Inc., Axway Software SA, BlackBerry Ltd., Box Inc., Citrix Systems Inc., CodeLathe, CTERA Networks Ltd., Dropbox Inc., Egnyte Inc., International Business Machines Corp., Microsoft Corp., Northbridge Secure Systems Pty Ltd., Open Text Corp., Thomson Reuters Corp., Thru Inc., Tresorit AG, VMware Inc., and Ziff Davis Inc. among others.

This report further entails enterprise file sync and share market segmentations, including:

  • Deployment - Cloud and on-premises 
  • Geography - North America, Europe, APAC, South America, and Middle East and Africa

What will the Enterprise File Sync and Share Market Size be During the Forecast Period?

Enterprise File Sync and Share Market Size

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Enterprise File Sync and Share Market: Key Drivers, Trends, and Challenges

The IT software consumerization across verticals is notably driving the enterprise file sync and share market growth, although factors such as risk related to security and privacy of files and data may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the enterprise file sync and share industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Enterprise File Sync and Share Market Driver

  • The IT software consumerization across verticals is one of the key drivers fueling the enterprise file sync and share market growth. 
  • Consumerization has led to the generation of diverse enterprise information and an upsurge in the different types of devices and systems that are collaborated in enterprises. Meanwhile, there is an increasing need for efficient collaborative methodologies in industries.
  • An EFSS supports the effective management of consumerization by enabling businesses to secure the EFSS process between a diverse range of devices.
  • EFSS enhances productivity in the modern workplace by encouraging employees to deal with cross-device file sharing and collaboration.
  • These factors will lead to the increasing adoption of consumerization and thereby will drive the enterprise file sync and share (EFSS) market growth during the forecast period. 

Key Enterprise File Sync and Share Market Trend

  • Commoditization of EFSS software is one of the key enterprise file sync and share market trends supporting the market growth.
  • IT systems in an organization are heterogeneous due to the deployment of customized and hybrid software.
  • There are a diverse set of data repositories and silos across the departments in enterprises.
  • EFSS is a point of contact for access to files and information on a diverse range of systems and multiple platforms.
  • The increased competition and product development will lead to the scope of EFSS to evolve from only file sharing and syncing to file aggregating and the end-to-end management of files and data.
  • EFSS is expected to be essential in comprehensive EIM or ECM systems. The new scope of EFSS is supposed to fulfill the demand for anywhere and anytime access to information. Thus, EFSS is expected to be commoditized shortly and be presented as a bundled add-on with comprehensive information management suites and thereby driving the enterprise file sync and share market growth.

Key Enterprise File Sync and Share Market Challenge

  • Risk related to the security and privacy of files and data is one of the factors limiting the enterprise file sync and share market growth.
  • An EFSS system provides a point of contact for employees to access corporate data from anywhere and on any platform.
  • In the process, an EFSS exposes proprietary data to manipulation and misuse as the enterprise has limited control over it. 
  • In an EFSS system, a file moves through a diverse range of systems and platforms and is modified by various stakeholders during the process. Hence, the risk of file corruption and data leakage is high.
  • Improper data management can lead to the creation of security loopholes for hackers to exploit, which could compromise the entire IT system of an enterprise. As such, a threat to data security and privacy is a crucial challenge for the adoption and implementation of EFSS systems.

This enterprise file sync and share market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global enterprise file sync and share market as a part of the global systems software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the enterprise file sync and share market during the forecast period.

Who are the Major Enterprise File Sync and Share Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Accellion USA LLC
  • Acronis International GmbH
  • Alphabet Inc.
  • Axway Software SA
  • BlackBerry Ltd.
  • Box Inc.
  • Citrix Systems Inc.
  • CodeLathe
  • CTERA Networks Ltd.
  • Dropbox Inc.
  • Egnyte Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Northbridge Secure Systems Pty Ltd.
  • Open Text Corp.
  • Thomson Reuters Corp.
  • Thru Inc.
  • Tresorit AG
  • VMware Inc.
  • Ziff Davis Inc.

 

This statistical study of the enterprise file sync and share market encompasses successful business strategies deployed by the key vendors. The enterprise file sync and share market is fragmented and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.

Product Insights and News

  • Accellion USA LLC  - Under the unified segment, the company prevents data breaches and compliance violations from third-party cyber risk by simplifying complex infrastructure and reducing costs. 
  • Accellion USA LLC  - The company offers enterprise file sync and share software with easy online collaboration and seamless workflow integration. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The enterprise file sync and share market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Enterprise File Sync and Share Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the enterprise file sync and share market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Enterprise File Sync and Share Market?

Enterprise File Sync and Share Market Market segmentation by region

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35% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for enterprise file sync and share market in North America. Market growth in this region will be slower than the growth of the market in other regions.

The continuous development of the industrial and the private sectors will facilitate the enterprise file sync and share market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the EFSS market in North America witnessed a slowdown owing to the COVID-19 outbreak. However, various IT companies have offered the work-from-home facility to their employees and gradually started opting for cloud-based EFSS to manage their remote workforce since H1 2020. Thus, the increased adoption of cloud-based EFSS is expected to drive the growth of the regional market during the forecast period. 

What are the Revenue-generating Deployment Segments in the Enterprise File Sync and Share Market?

Enterprise File Sync and Share Market Segmentation

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The enterprise file sync and share market share growth by the cloud segment will be significant during the forecast period. The global cloud-based EFSS market is expected to grow at a significant rate during the forecast period. Increased technological awareness, the emergence of SMEs, innovations in data security, and inherent cost-effectiveness and flexibility of the cloud model are expected to drive the growth of the market during the forecast period. Most vendors offer cloud-based EFSS. Hence, the adoption of the model is also increasing. Such an increase in adoption will drive the enterprise file sync and share (EFSS) market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the enterprise file sync and share market size and actionable market insights on post COVID-19 impact on each segment.

 

Enterprise File Sync and Share Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 25.22%

Market growth 2022-2026

$ 12.84 billion

Market structure

Fragmented

YoY growth (%)

24.46

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key consumer countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accellion USA LLC, Acronis International GmbH, Alphabet Inc., Axway Software SA, BlackBerry Ltd., Box Inc., Citrix Systems Inc., CodeLathe, CTERA Networks Ltd., Dropbox Inc., Egnyte Inc., International Business Machines Corp., Microsoft Corp., Northbridge Secure Systems Pty Ltd., Open Text Corp., Thomson Reuters Corp., Thru Inc., Tresorit AG, VMware Inc., and Ziff Davis Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Enterprise File Sync and Share Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive enterprise file sync and share market growth during the next five years
  • Precise estimation of the enterprise file sync and share market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the enterprise file sync and share industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of enterprise file sync and share market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Deployment

  • 5.1 Market segments
    • Exhibit 24: Chart on Deployment - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Deployment - Market share 2021-2026 (%)
  • 5.2 Comparison by Deployment
    • Exhibit 26: Chart on Comparison by Deployment
    • Exhibit 27: Data Table on Comparison by Deployment
  • 5.3 Cloud - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Cloud - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Cloud - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Cloud - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Cloud - Year-over-year growth 2021-2026 (%)
  • 5.4 On-premises - Market size and forecast 2021-2026
    • Exhibit 32: Chart on On-premises - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on On-premises - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on On-premises - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on On-premises - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Deployment
    • Exhibit 36: Market opportunity by Deployment ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 Canada - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.10 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.11 UK - Market size and forecast 2021-2026
    • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.12 Germany - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Accellion USA LLC
    • Exhibit 89: Accellion USA LLC - Overview
    • Exhibit 90: Accellion USA LLC - Product / Service
    • Exhibit 91: Accellion USA LLC - Key offerings
  • 10.4 Acronis International GmbH
    • Exhibit 92: Acronis International GmbH - Overview
    • Exhibit 93: Acronis International GmbH - Product / Service
    • Exhibit 94: Acronis International GmbH - Key offerings
  • 10.5 Box Inc.
    • Exhibit 95: Box Inc. - Overview
    • Exhibit 96: Box Inc. - Product / Service
    • Exhibit 97: Box Inc. - Key offerings
  • 10.6 Citrix Systems Inc.
    • Exhibit 98: Citrix Systems Inc. - Overview
    • Exhibit 99: Citrix Systems Inc. - Product / Service
    • Exhibit 100: Citrix Systems Inc. - Key news
    • Exhibit 101: Citrix Systems Inc. - Key offerings
  • 10.7 CodeLathe
    • Exhibit 102: CodeLathe - Overview
    • Exhibit 103: CodeLathe - Product / Service
    • Exhibit 104: CodeLathe - Key offerings
  • 10.8 CTERA Networks Ltd.
    • Exhibit 105: CTERA Networks Ltd. - Overview
    • Exhibit 106: CTERA Networks Ltd. - Product / Service
    • Exhibit 107: CTERA Networks Ltd. - Key offerings
  • 10.9 Dropbox Inc.
    • Exhibit 108: Dropbox Inc. - Overview
    • Exhibit 109: Dropbox Inc. - Product / Service
    • Exhibit 110: Dropbox Inc. - Key offerings
  • 10.10 Egnyte Inc.
    • Exhibit 111: Egnyte Inc. - Overview
    • Exhibit 112: Egnyte Inc. - Product / Service
    • Exhibit 113: Egnyte Inc. - Key offerings
  • 10.11 VMware Inc.
    • Exhibit 114: VMware Inc. - Overview
    • Exhibit 115: VMware Inc. - Product / Service
    • Exhibit 116: VMware Inc. - Key news
    • Exhibit 117: VMware Inc. - Key offerings
  • 10.12 Ziff Davis Inc.
    • Exhibit 118: Ziff Davis Inc. - Overview
    • Exhibit 119: Ziff Davis Inc. - Business segments
    • Exhibit 120: Ziff Davis Inc. - Key offerings
    • Exhibit 121: Ziff Davis Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 122: Inclusions checklist
    • Exhibit 123: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 124: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 125: Research methodology
    • Exhibit 126: Validation techniques employed for market sizing
    • Exhibit 127: Information sources
  • 11.5 List of abbreviations
    • Exhibit 128: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Enterprise File Sync and Share market growth will increase by $12842 million during 2022-2026.
The enterprise file sync and share market is expected to grow at a CAGR of 25.22% during 2022-2026.
Technavio has segmented the enterprise file sync and share market by deployment (Cloud and On-premises) and geographic (North America, Europe, APAC, South America, and Middle East and Africa).
Accellion USA LLC, Acronis International GmbH, Alphabet Inc., Axway Software SA, BlackBerry Ltd., Box Inc., Citrix Systems Inc., CodeLathe, CTERA Networks Ltd., Dropbox Inc., Egnyte Inc., International Business Machines Corp., Microsoft Corp., Northbridge Secure Systems Pty Ltd., Open Text Corp., Thomson Reuters Corp., Thru Inc., Tresorit AG, VMware Inc., Ziff Davis Inc. are a few of the key vendors in the enterprise file sync and share market.
North America will register the highest growth rate of 35.32% among the other regions. Therefore, the enterprise file sync and share market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the enterprise file sync and share market growth are:
  • IT software consumerization across verticals
  • Commoditization of EFSS software
The enterprise file sync and share market vendors should focus on grabbing business opportunities from the cloud segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
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