HOME Top Market Reports 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

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

By: marketsandmarkets.com
Publishing Date: April 2018
Report Code: TC 4271

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The global Enterprise File Synchronization and Sharing market size is expected to grow from USD 2.76 Billion in 2017 to USD 10.94 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 26.7% during the forecast period. The base year considered for the study is 2017 and the forecast period is 2018–2023.

The EFSS market report aims at estimating the market size and potential of the Enterprise File Synchronization and Sharing market across different segments, such as components (standalone EFSS solution, integrated EFSS solution, and services), deployment types, organization size, industry verticals, and regions. The primary objectives of the report are to provide the detailed analysis of the major factors (drivers, restraints, opportunities, industry-specific challenges, and recent developments) influencing the market’s growth, analyze the market opportunities for stakeholders, and offer the details of the competitive landscape of the market leaders.

The research methodology used to estimate and forecast the EFSS market began with capturing data about the revenues of key vendors through secondary sources, such as annual reports, press releases, the investor presentations of companies, white papers, certified publications, and articles from recognized associations and government publishing sources. This research study involved the use of extensive secondary sources, directories, and databases, such as D&B Hoovers, Bloomberg Businessweek, and Factiva. Other than these sources, analysis and releases from industry trade associations, such as European Union General Data Protection Regulation (GDPR) portal and government regulatory bodies were considered during the research process. Vendors’ offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global Enterprise File Synchronization and Sharing market from the revenues of the key market players. After arriving at the overall market size, the market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of the primary participants is depicted in the figure below:

Enterprise File Sharing and Synchronization Market

To know about the assumptions considered for the study, download the pdf brochure

The EFSS market players include Dropbox (US), Microsoft (US), Box (US), Citrix Systems (US), Syncplicity by Axway (US), Egnyte (US), BlackBerry (Canada), IBM Aspera (US), VMware (US), Google (US), Acronis International (Switzerland), OpenText (Canada), Thru. Inc. (US), Accellion (US), j2 Global (SugarSync) (US), SkySync (US), HighQ Solutions (UK), Nextcloud (Germany), ownCloud (Germany), CodeLathe (FileCloud) (US), Intralinks (US), Qnext Corp. (FileFlex) (Canada), XMedius Solutions (Canada), Inspire-Tech (Singapore/US), Northbridge Secure Systems (Australia), MyWorkDrive by Wanpath LLC (US), and CTERA Networks (Israel/US).

Key Target Audience

  • EFSS solution vendors
  • Enterprise Mobility Management (EMM) providers
  • EFSS service providers
  • System integrators
  • Third-party vendors
  • Cloud service providers
  • EFSS end-users
  • Government agencies and organizations
  • Regulatory and compliance agencies

Scope of the Report

The research report categorizes the Enterprise File Synchronization and Sharing market to forecast the revenues and analyze the trends in each of the following subsegments:

By Component

  • Standalone EFSS solution
  • Integrated EFSS solution
  • Services
    • Professional Services
      • Consulting Services
      • Integration and Deployment
      • Training and Support
    • Managed Services

By Deployment Type

  • Cloud
    • Public Cloud
    • Private Cloud
    • Hybrid Cloud
  • On-premises

By Organization Size

  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

By Industry Vertical

  • Banking, Financial Services, and Insurance (BFSI)
  • Software and Technology
  • Government and Public Sector
  • Healthcare
  • Legal
  • Education
  • Retail
  • Media and Entertainment
  • Others (telecom, energy and utilities, manufacturing, and transportation and logistics)

By Region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East and Africa (MEA)
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific requirements. The following customization options are available for the report:

Product Analysis

  • Product matrix provides detailed product information and comparisons

Geographic Analysis

  • Further breakdown of the North American Enterprise File Synchronization and Sharing market
  • Further breakdown of the European market
  • Further breakdown of the APAC market
  • Further breakdown of the MEA market
  • Further breakdown of the Latin American EFSS market

Company Information

  • Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Market Opportunities in the Enterprise File Synchronization and Sharing Market
    4.2 EFSS Market, Market Share of the Top 4 Industry Verticals and Regions, 2018
    4.3 Market Investment Scenario

5 Market Overview and Industry Trends (Page No. - 35)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 The Growing Digital Workplace and Mobile Workforce
                    5.1.1.2 Increasing Collaborations Between Employees and Enterprises
                    5.1.1.3 The Emphasis of Businesses on the Security Aspects of the Corporate Data
                    5.1.1.4 Stringent Government Compliances and Regulations
           5.1.2 Restraints
                    5.1.2.1 The High Cost of EFSS Solutions
           5.1.3 Opportunities
                    5.1.3.1 Increasing Adoption of Cloud-Based Solutions
                    5.1.3.2 Emerging Potential Markets
                    5.1.3.3 High Demand for Integrated EFSS Solutions Among Businesses
           5.1.4 Challenges
                    5.1.4.1 Reluctance to Adopt EFSS Solutions, Due to Security Concerns and Data Privacy Issues
                    5.1.4.2 Difficulties in Selecting the Right EFSS Vendor, and the Intense Market Competition
    5.2 Regulatory Landscape
           5.2.1 Health Insurance Portability and Accountability Act (HIPAA)
           5.2.2 General Data Protection Regulation (GDPR)
           5.2.3 Federal Information Security Management Act (FISMA)
           5.2.4 Payment Card Industry Data Security Standard (PCI DSS)
           5.2.5 Sarbanes–Oxley Act (SOX)
           5.2.6 Gramm–Leach–Bliley Act (GLBA)
           5.2.7 Family Educational Rights and Privacy Act (FERPA)
           5.2.8 International Organization for Standardization (ISO) 27001

6 Enterprise File Synchronization and Sharing Market, By Component (Page No. - 44)
    6.1 Introduction
    6.2 Standalone EFSS Solution
    6.3 Integrated EFSS Solution
    6.4 Services
           6.4.1 Professional Services
                    6.4.1.1 Consulting Services
                    6.4.1.2 Integration and Deployment
                    6.4.1.3 Training and Support
           6.4.2 Managed Services

7 EFSS Market, By Deployment Type (Page No. - 54)
    7.1 Introduction
    7.2 Cloud
           7.2.1 Public Cloud
           7.2.2 Private Cloud
           7.2.3 Hybrid Cloud
    7.3 On-Premises

8 Enterprise File Synchronization and Sharing Market, By Organization Size (Page No. - 62)
    8.1 Introduction
    8.2 Large Enterprises
    8.3 Small and Medium-Sized Enterprises

9 EFSS Market, By Industry Vertical (Page No. - 66)
    9.1 Introduction
    9.2 Banking, Financial Services, and Insurance
           9.2.1 Use Case: Granular Control Over File Sharing
    9.3 Software and Technology
           9.3.1 Use Case: Replacing Traditional Solutions With A New Unified File Management Solution
    9.4 Government and Public Sector
           9.4.1 Use Case: Egovernance
    9.5 Healthcare
           9.5.1 Use Case: Sharing Medical Records Effectively With Clients By Ensuring Compliance
    9.6 Legal
           9.6.1 Use Case: File Sharing With Granular Control on Data Security
    9.7 Education
           9.7.1 Use Case: Easy File Sharing With EFSS
    9.8 Retail
           9.8.1 Use Case: Sharing Large Files to Other Retail Locations
    9.9 Media and Entertainment
           9.9.1 Use Case: Ticket Bookings and Entertainment-Related Blogs
    9.10 Others

10 EFSS Market, By Region (Page No. - 80)
     10.1 Introduction
     10.2 North America
     10.3 Europe
     10.4 Asia Pacific
     10.5 Latin America
     10.6 Middle East and Africa

11 Competitive Landscape (Page No. - 103)
     11.1 Overview
     11.2 Prominent Players Operating in the Enterprise File Synchronization and Sharing Market
     11.3 Competitive Situations and Trends
             11.3.1 New Product Launches/Product Enhancements
             11.3.2 Partnerships, Agreements, and Collaborations
             11.3.3 Acquisitions
             11.3.4 Business Expansions

12 Company Profiles (Page No. - 108)
     12.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     12.2 Box
     12.3 Citrix Systems
     12.4 Dropbox
     12.5 Microsoft
     12.6 Syncplicity By Axway
     12.7 Google
     12.8 IBM
     12.9 BlackBerry
     12.10 Egnyte
     12.11 VMware
     12.12 Acronis
     12.13 OpenText
     12.14 Thru Inc.
     12.15 Accellion
     12.16 SugarSync
     12.17 CTERA Networks
     12.18 Nextcloud GmbH
     12.19 MyWorkDrive By Wanpath LLC
     12.20 Qnext Corp.
     12.21 Northbridge Secure Systems Pty Ltd
     12.22 Inspire-Tech Pte Ltd
     12.23 SkySync
     12.24 HighQ
     12.25 Intralinks
     12.26 ownCloud
     12.27 CodeLathe
     12.28 XMedius Solutions

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 158)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


List of Tables (70 Tables)

Table 1 Enterprise File Synchronization and Sharing Market Size, By Component, 2016–2023 (USD Million)
Table 2 Standalone EFSS Solution: Market Size By Region, 2016–2023 (USD Million)
Table 3 Integrated EFSS Solution: Market Size By Region, 2016–2023 (USD Million)
Table 4 Services: EFSS Market Size, By Type, 2016–2023 (USD Million)
Table 5 Professional Services Market Size, By Type, 2016–2023 (USD Million)
Table 6 Professional Services Market Size, By Region, 2016–2023 (USD Million)
Table 7 Consulting Services Market Size, By Region, 2016–2023 (USD Million)
Table 8 Integration and Deployment Market Size, By Region, 2016–2023 (USD Million)
Table 9 Training and Support Market Size, By Region, 2016–2023 (USD Million)
Table 10 Managed Services Market Size, By Region, 2016–2023 (USD Million)
Table 11 EFSS Market Size, By Deployment Type, 2016–2023 (USD Million)
Table 12 Cloud: Market Size By Region, 2016–2023 (USD Million)
Table 13 EFSS Market Size, By Cloud Deployment Model, 2016–2023 (USD Million)
Table 14 Public Cloud Market Size, By Region, 2016–2023 (USD Million)
Table 15 Private Cloud Market Size, By Region, 2016–2023 (USD Million)
Table 16 Hybrid Cloud Market Size, By Region, 2016–2023 (USD Million)
Table 17 On-Premises: Market Size By Region, 2016–2023 (USD Million)
Table 18 Enterprise File Synchronization and Sharing Market Size, By Organization Size, 2016–2023 (USD Million)
Table 19 Large Enterprises: Market Size By Region, 2016–2023 (USD Million)
Table 20 Small and Medium-Sized Enterprises: Market Size By Region, 2016–2023 (USD Million)
Table 21 EFSS Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 22 Banking, Financial Services, and Insurance: EFSS Market Size, By Region, 2016–2023 (USD Million)
Table 23 Software and Technology: Market Size By Region, 2016–2023 (USD Million)
Table 24 Government and Public Sector: Market Size By Region, 2016–2023 (USD Million)
Table 25 Healthcare: Market Size By Region, 2016–2023 (USD Million)
Table 26 Legal: Market Size By Region, 2016–2023 (USD Million)
Table 27 Education: Market Size By Region, 2016–2023 (USD Million)
Table 28 Retail: Market Size By Region, 2016–2023 (USD Million)
Table 29 Media and Entertainment: Market Size By Region, 2016–2023 (USD Million)
Table 30 Others: EFSS Market Size, By Region, 2016–2023 (USD Million)
Table 31 Enterprise File Synchronization and Sharing Market Size, By Region, 2016–2023 (USD Million)
Table 32 North America: Market Size By Component, 2016–2023 (USD Million)
Table 33 North America: Market Size By Service, 2016–2023 (USD Million)
Table 34 North America: Market Size By Professional Service, 2016–2023 (USD Million)
Table 35 North America: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 36 North America: Market Size By Cloud Deployment Model, 2016–2023 (USD Million)
Table 37 North America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 38 North America: Market Size By Industry Vertical, 2016–2023 (USD Million)
Table 39 Europe: EFSS Market Size, By Component, 2016–2023 (USD Million)
Table 40 Europe: Market Size By Service, 2016–2023 (USD Million)
Table 41 Europe: Market Size By Professional Service, 2016–2023 (USD Million)
Table 42 Europe: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 43 Europe: Market Size By Cloud Deployment Model, 2016–2023 (USD Million)
Table 44 Europe: Market Size By Organization Size, 2016–2023 (USD Million)
Table 45 Europe: Market Size By Industry Vertical, 2016–2023 (USD Million)
Table 46 Asia Pacific: EFSS Market Size, By Component, 2016–2023 (USD Million)
Table 47 Asia Pacific: Market Size By Service, 2016–2023 (USD Million)
Table 48 Asia Pacific: Market Size By Professional Service, 2016–2023 (USD Million)
Table 49 Asia Pacific: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 50 Asia Pacific: Market Size By Cloud Deployment Model, 2016–2023 (USD Million)
Table 51 Asia Pacific: Market Size By Organization Size, 2016–2023 (USD Million)
Table 52 Asia Pacific: Market Size By Industry Vertical, 2016–2023 (USD Million)
Table 53 Latin America: Enterprise File Synchronization and Sharing Market Size, By Component, 2016–2023 (USD Million)
Table 54 Latin America: EFSS Market Size, By Service, 2016–2023 (USD Million)
Table 55 Latin America: Market Size By Professional Service, 2016–2023 (USD Million)
Table 56 Latin America: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 57 Latin America: Market Size By Cloud Deployment Model, 2016–2023 (USD Million)
Table 58 Latin America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 59 Latin America: Market Size By Industry Vertical, 2016–2023 (USD Million)
Table 60 Middle East and Africa: Enterprise File Synchronization and Sharing Market Size, By Component, 2016–2023 (USD Million)
Table 61 Middle East and Africa: EFSS Market Size, By Service, 2016–2023 (USD Million)
Table 62 Middle East and Africa: Market Size By Professional Service, 2016–2023 (USD Million)
Table 63 Middle East and Africa: Market Size By Deployment Type, 2016–2023 (USD Million)
Table 64 Middle East and Africa: Market Size By Cloud Deployment Model, 2016–2023 (USD Million)
Table 65 Middle East and Africa: Market Size By Organization Size, 2016–2023 (USD Million)
Table 66 Middle East and Africa: Market Size By Industry Vertical, 2016–2023 (USD Million)
Table 67 New Product Launches/Product Enhancements, 2016–2018
Table 68 Partnerships, Agreements, and Collaborations, 2015–2018
Table 69 Mergers and Acquisitions, 2015–2018
Table 70 Business Expansions, 2015–2018


List of Figures (41 Figures)

Figure 1 Enterprise File Synchronization and Sharing Market Segmentation
Figure 2 EFSS Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 EFSS Market: Assumptions
Figure 8 Top 3 Segments of the EFSS Market in 2018
Figure 9 EFSS Market Share, By Component, 2018
Figure 10 EFSS Market Share, By Deployment Type, 2018
Figure 11 EFSS Market Share, By Organization Size, 2018
Figure 12 Enterprise File Synchronization and Sharing Market: Regional Snapshot
Figure 13 The Emphasis of Businesses on the Security of the Corporate Data is Expected to Drive the EFSS Market Growth
Figure 14 Banking, Financial Services, and Insurance Industry Vertical, and North America are Estimated to Have the Largest Market Shares in 2018
Figure 15 Asia Pacific is Expected to Emerge as the Best Market for Investments in the Next 5 Years
Figure 16 EFSS Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Integrated EFSS Solution Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 18 Managed Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 19 Consulting Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Cloud Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 21 Hybrid Cloud Deployment Model is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 23 Healthcare Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Asia Pacific is Expected to Be an Attractive Destination for the Growth of the Enterprise File Synchronization and Sharing Market During the Forecast Period
Figure 25 North America: Market Snapshot
Figure 26 Asia Pacific: Market Snapshot
Figure 27 Key Developments By Leading Players in the EFSS Market During 2014–2018
Figure 28 Geographic Revenue Mix of Top Market Players
Figure 29 Box: Company Snapshot
Figure 30 Box: SWOT Analysis
Figure 31 Citrix Systems: Company Snapshot
Figure 32 Citrix Systems: SWOT Analysis
Figure 33 Dropbox: SWOT Analysis
Figure 34 Microsoft: Company Snapshot
Figure 35 Microsoft: SWOT Analysis
Figure 36 Syncplicity By Axway: SWOT Analysis
Figure 37 Google: Company Snapshot
Figure 38 IBM: Company Snapshot
Figure 39 Blackberry: Company Snapshot
Figure 40 VMware: Company Snapshot
Figure 41 Opentext: Company Snapshot

MarketsandMarkets forecasts the Enterprise File Synchronization and Sharing market to grow from USD 3.35 Billion in 2018 to USD 10.94 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 26.7% during the forecast period. The major factors that are expected to drive the EFSS market are stringent government regulations, the increasing  productivity  of  both  employees  and  enterprises,  and  the  growing  security  concerns  related  to  the protection of the corporate data.

The objective of the report is to define, describe, and forecast the Enterprise File Synchronization and Sharing market size based on components (standalone EFSS solution, integrated EFSS solution, and services), deployment types, organization size, industry verticals, and regions. Among components, the services segment is expected to grow at the highest CAGR during the forecast period. The demand for professional and managed services is higher across businesses, owing to the large adoption of standalone and integrated EFSS solutions among enterprises.

The cloud deployment type is expected to witness the faster growth rate in this market, as it is being rapidly accepted by various enterprises, because of its easy, flexible, affordable, and scalable features. The cloud deployment type is well-accepted in the industry, because of its easy and quick software deployment. It also provides the highest level of data security and dependability. Additionally, the installation cost for cloud-based EFSS solutions is lesser than that of on-premises EFSS solutions.

Among industry verticals, the healthcare industry vertical is expected to be the fastest growing in the Enterprise File Synchronization and Sharing market, due to the widespread adoption of mobile devices in this industry vertical. The increasing world population, lifestyle changes,  and  awareness  of  health-related  issues  have  collectively  contributed  to  the  massive  growth  of  the healthcare industry  vertical. To offer superior services, healthcare providers must effectively communicate with patients through personal and effective communication tools. These factors drive the adoption of EFSS solutions across the healthcare industry vertical.

Enterprise File Sharing and Synchronization Market

North America is expected to hold the largest market size in the EFSS market during the forecast period, followed by the European region. North America holds the largest market size, due to its stable economy and willingness to adopt new and emerging technologies. Europe is anticipated to be the second largest region in terms of market size in the EFSS market, owing to its adherence to General Data Protection Regulation (GDPR) compliances. With the technological advancement in Asia Pacific (APAC), several factors would drive the growth of the APAC region. These factors include a rapid economic development, globalization, Foreign Direct Investment (FDI), cloud-based solutions, the growing COPE trend, and the massive penetration of smartphones and internet across consumers and business segments.

The increasing adoption of cloud-based EFSS solutions among businesses and the emerging potential markets are expected to offer huge opportunities for the growth of the Enterprise File Synchronization and Sharing market. However, reluctance to adopt EFSS solutions due to security concerns and data privacy issues is expected to act as a major challenging factor that could hamper the growth of the EFSS market.

Traditional  and the emerging  vendors in the Enterprise File Synchronization and Sharing market include Dropbox (US), Microsoft (US), Box (US), Citrix Systems (US), Syncplicity by Axway (US), Egnyte (US), BlackBerry (Canada), IBM Aspera (US), VMware (US), Google (US), Acronis International (Switzerland), OpenText (Canada), Thru. Inc. (US), Accellion (US), j2 Global (SugarSync) (US), SkySync (US), HighQ Solutions (UK), Nextcloud (Germany), ownCloud (Germany), CodeLathe (FileCloud) (US), Intralinks   (US),   Qnext   Corp.   (FileFlex)   (Canada),   XMedius   Solutions   (Canada),   Inspire-Tech   (Singapore/US), Northbridge Secure Systems (Australia), MyWorkDrive by Wanpath LLC (US), and CTERA Networks (Israel/US).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Mobility and Telecom Markets on KnowledgeStore
Request Demo