Leading Companies in Enterprise File Synchronization and Sharing (EFSS) Industry - Globe Box (US), Citrix Systems (US), Dropbox (US)
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.
Key players operating in the EFSS market across the globe Box (US), Citrix Systems (US), Dropbox (US), Microsoft (US), Google (US), Thomson Reuters (Canada), IBM (US), Blackberry (Canada), OpenText (Canada), VMware (US), Acronis (Switzerland), Thru (US), Accellion (US), Syncplicity by Axway (US), Egnyte (US), SugarSync (US), Nextcloud (Germany), Northbridge Secure Systems (Australia), ownCloud (Germany), SS&C Intralinks (US), Qnext (US), CTERA Networks (Israel), DryvIQ (US), Inspire-Tech (Singapore), Filecloud (US), and MyWorkDrive (US). These vendors have adopted various organic and inorganic strategies to sustain their positions and increase their market shares in the global market.
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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 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.
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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