APEJ region is fast picking up pace in the enterprise file sharing and synchronization market as many countries in this region are moving towards digitization of their processes.
Enterprise File Sharing and Synchronization (EFSS) Market is expected to grow at 20.8% CAGR with US$ 45,932.8 Mn value during 2022-2032| FMI” Enterprise file sharing and synchronization can be either deployed on cloud or can be hosted on-premises based on the requirements of the enterprises. Enterprise file sharing and synchronization enables individuals within organization to share and synchronize documents, photos, files and videos across multiple devices such as laptops, personal computers, tablets and smartphones.
In addition to this enterprise file sharing and synchronization applications enables people to share files either internally in the organization or also with company’s partners and customers. The advantage of enterprise file sharing and synchronization is that different groups of people can edit and share files as per their needs and area of expertise.
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Enterprise File Sharing and Synchronization Market: Drivers and Challenges
Enterprise file sharing and synchronization market has grown at an exponential rate in the past few years due to evolution of digital workplace and organizations across verticals focusing on applications supported by new and advanced technologies.
Another driving factor of enterprise file sharing and synchronization market is the increased use of mobile devices in the workplace such as smartphone and tablet. Also, with the adoption of Bring-your-own-device concept is increasing in the workplace, the enterprise file sharing and synchronization market has significantly risen.
In addition to this, due to collaboration between employees, customers and partners, the need for having an efficient enterprise file sharing and synchronization application has risen.
Enterprise File Sharing and Synchronization Market: Competition Landscape
Few of the companies in enterprise file sharing and synchronization market are: Google Inc., Microsoft Corporation, Dropbox, Inc., Box, Egnyte, Citrix, AirWatch by VMware, WatchDox by BlackBerry, Syncplicity and Accellion, Inc. These companies constantly keep updating their service offerings to maintain their competitive edge.
Enterprise File Sharing and Synchronization Market: Regional Overview
Enterprise file sharing and synchronization market is currently dominated by North America region owing to advancements in technology and integration of such applications with cloud and mobile.
Europe enterprise file sharing and synchronization market follows next as the region is quite well versed with latest technologies and the adoption rate of various industry verticals towards advanced technologies is high.
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Enterprise File Sharing and Synchronization Market Segments
Regional analysis for Enterprise File Sharing and Synchronization Market includes development of these systems in the following regions
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Enterprise File Sharing and Synchronization Market: Segmentation
Segmentation on the basis of deployment type:
Segmentation on the basis of end-user:
Segmentation on the basis of vertical:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Dec 15, 2022
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