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The global market for EFSS is projected to grow from USD 9.4 billion in 2023 to USD 35.5 billion by 2028, at a CAGR of 30.4% during the forecast period. The increasing trend of remote work and distributed teams has fueled the demand for EFSS solutions that enable seamless file sharing and collaboration across geographies and devices.

Major Enterprise File Synchronization and Sharing (EFSS)Companies Include

• Box (US)
• Dropbox (US)
• Thomson Reuters (Canada)
• IBM (US)
• Blackberry (Canada)
• OpenText (Canada)
• VMware (US)
• Acronis (Switzerland)

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

Box (US):

Box is a cloud content management and file sharing service that allows businesses to securely store, manage, and collaborate on their documents, media files, and other content types. Founded in 2005, Box has become a leading provider of enterprise content management solutions, catering to a wide range of industries and businesses of all sizes. Box's platform integrates with various third-party applications and services, enabling seamless workflows and productivity enhancements for its users. The company is known for its focus on security and compliance, offering features like encryption, access controls, and compliance certifications to ensure the protection of sensitive data. Box has a global presence and serves customers in diverse sectors, including finance, healthcare, education, and more.

Dropbox (US):

Dropbox founded in 2007, is a leading cloud-based collaboration platform that empowers teams to work together seamlessly, securely, and efficiently. With a focus on simplicity and productivity, Dropbox Business offers a range of features designed to enhance collaboration and streamline workflows. These include robust file storage and sharing capabilities, advanced security measures such as data encryption and access controls, and seamless integration with a variety of productivity tools and third-party applications.

Thomson Reuters (Canada):

Thomson Reuters is a multinational media conglomerate based in Toronto, Canada. It provides information services to professionals in various industries, including finance, legal, tax, accounting, healthcare, and media. Thomson Reuters is known for its financial market data, news services, legal research tools, and software solutions.

IBM (US):

IBM, or International Business Machines Corporation, is a multinational technology and consulting company headquartered in Armonk, New York. IBM offers a wide range of hardware, software, and services, including computing systems, cloud computing, artificial intelligence, blockchain, data analytics, cybersecurity, and consulting services.

Blackberry (Canada):

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian technology company best known for its once-dominant line of smartphones and mobile devices. While BlackBerry's prominence in the smartphone market has declined, the company has shifted its focus to enterprise software and security solutions, including endpoint management, cybersecurity, and IoT (Internet of Things) solutions.

OpenText (Canada):

OpenText Corporation is a Canadian enterprise information management software company headquartered in Waterloo, Ontario. It offers a broad portfolio of software products and solutions for managing enterprise content, business processes, and customer experience. OpenText's offerings include content management, document management, workflow automation, e-discovery, and analytics solutions.

VMware (US):

VMware is a leading provider of virtualization and cloud computing software and services. It holds a significant market share in the virtualization and cloud infrastructure markets globally.

Acronis (Switzerland):

Acronis International GmbH is a Swiss-based technology company specializing in cybersecurity, backup, and disaster recovery solutions. Acronis offers a range of products for data protection, including backup and recovery software for businesses and consumers, as well as cybersecurity solutions such as anti-ransomware and endpoint security.

Related Reports:

Enterprise File Synchronization and Sharing (EFSS) Market by Offering (Solutions, Services), Application (File Storage & Backup, Content Management System, Document Collaboration), Business Function, Vertical and Region - Global Forecast to 2028

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