The report on the Global Enterprise File Synchronization and Sharing Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
According to the new report by Market Research Future (MRFR), the global enterprise file synchronization & sharing market is slated to obtain a significant market valuation at a steady CAGR over the review period.
Growing digitalization in file sharing solutions and business processes are likely to drive enterprise file synchronization & sharing market over the forecast period. BYOD is the concept where the employee must carry their own smartphones, laptop, USB drivers into workplaces and connect them to the servers for office tasks to surge the work efficiency and decrease the operational expenditure of the company. With the aid of the Bring Your Own Device (BYOD) trend, employees can now gain access to work data on personal devices such as smartphones, laptops, and tablets to get location-independent access to data. This is projected to result in the necessity of a shared platform for file sharing which is also probable to contribute to the growth of the enterprise sharing & synchronization market. ON the other hand, higher cost of investment and lack of scalability are likely to hinder the market growth. A notable lack of awareness about the benefits of enterprise file sharing & synchronization solution is also obstructing market growth and may hamper the market over the review period.
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The enterprise file synchronization & sharing market is segmented on the basis of component, deployment type, organization size, vertical.
Based on the component, the market for enterprise file synchronization & sharing is segmented into integrated EFSS solution, standalone EFSS solution, and services. The services segment has been are further divided into professional service and managed service. Professional services are sub-segmented into integration and deployment, consulting services, and training & support.
On the basis of the deployment type, the enterprise file synchronization & sharing market is segmented into cloud and on-premise. Cloud segment has been divided into the private, public, and hybrid cloud.
Based on the organization size, the enterprise file synchronization & sharing market is segmented into large enterprises, and small and medium-sized enterprises (SMEs).
On the basis of vertical, the enterprise file synchronization & sharing market is segmented into software & technology, healthcare, government, and Public Sector, education, legal, retail, media & entertainment, BFSI, and others.
The prominent players identified by MRFR in the Enterprise File Synchronization & Sharing Market are Microsoft Corporation (US), Dropbox (US), Citrix Systems (US), IBM Aspera (US), BlackBerry (Canada), VMware Inc. (US), OpenText (Canada), Google Inc. (US), Accellion (US), Thru. Inc. (US), Syncplicity (US), Acronis International (Switzerland), Egnyte (US), j2 Global (SugarSync) (US), SkySync (US), Nextcloud (Germany), HighQ Solutions (UK), ownCloud (Germany), Intralinks (US), CodeLathe (FileCloud) (US), Qnext Corp. (FileFlex) (Canada), Inspire-Tech (Singapore/US), XMedius Solutions (Canada), MyWorkDrive by Wanpath LLC (US), Northbridge Secure Systems (Australia), and CTERA Networks (Israel/US) among others.
Based on the region, the global enterprise file synchronization & sharing has been segmented into North America, Asia-Pacific, Europe, and the rest of the world.
Europe is anticipated to dominate the enterprise file synchronization & sharing market in terms of value, and account for a substantial market share over the review period, due to developed economies such as Germany, France, and the UK, along with the continuous adoption of the newest technological advancements such as the integration of cloud and mobile technologies within conventional enterprise file sharing and synchronization solutions.
The enterprise file synchronization & sharing market in Asia-Pacific region is expected to rise at a higher growth rate, and account for a considerable market share during the forecast period owing to the substantial shift toward digitalization of procedures, which is resulting in the generation of high volumes of data and increasing the demand for fortification of vital enterprise data collected from numerous sources.
LIST OF TABLES
Table1 Global Enterprise File Synchronization & Sharing Market, By Region, 2019–2023
Table2 North America: Enterprise File Synchronization & Sharing Market, By Country, 2019–2023
Table3 Europe: Enterprise File Synchronization & Sharing Market, By Country, 2019–2023
Table4 Asia-Pacific: Enterprise File Synchronization & Sharing Market, By Country, 2019–2023
Table5 Middle East & Africa: Enterprise File Synchronization & Sharing Market, By Country, 2019–2023
LIST OF FIGURES
FIGURE 1 Global Enterprise File Synchronization & Sharing Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Enterprise File Synchronization & Sharing Market
FIGURE 4 Value Chain Of Global Enterprise File Synchronization & Sharing Market
FIGURE 5 Share Of Global Enterprise File Synchronization & Sharing Market In 2019, By Country (In %)
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