Enterprise File Synchronization and Sharing (EFSS) Market Size, Share, Trends, Growth and Forecast 2032

Enterprise File Synchronization and Sharing (EFSS) Market Insights

According to Market Research Store study, the global Enterprise File Synchronization and Sharing (EFSS) Market size is anticipated to reach USD 30.19 Billion by 2032 from USD 6.03 Billion in 2023. Moreover, the global market is expected to witness a CAGR of 19.6% during the forecast period (2024-2032). The market research report encompasses market overview, growth factors, restraints, opportunities, segmentation, key developments, competitive landscape, consumer insights, and market growth forecast in terms of value or volume. These structured details offer an all-inclusive market overview, providing valuable insights for investment decisions, business decisions, strategic planning, and competitive analysis.

Global Enterprise File Synchronization and Sharing Market: Overview

Enterprise file synchronization and sharing is a process which aids an individual in an organization to share or synchronize the documents, data, files, photos or videos among various devices like PC, laptops, and smartphones. It helps the individual to share the documents internal to an organization or to external customers. The file can be edited or modified as per the individual need and expertise of the person. With fast pace digitalization and ever-growing technological advancements, the market for this is growing tremendously.

Global Enterprise File Synchronization and Sharing Market: Growth factors

Evolution of digitalization and advancement in technology in past few years has supported the growth of these markets immensely. Increased use of the technological devices like mobile phones and tablets is also a driving force for this market. Owing to a tech-savvy generation the enterprise file synchronization and sharing market is also well booming. This market is exponentially growing as many countries are moving towards digitalization and adopting the new generation technology. Integration of such applications with cloud and mobile has also raised the markets. The adoption rate of various industries towards advanced technology is high and so the scope or growth of the enterprise file synchronization and sharing market is advancing.

Global Enterprise File Synchronization and Sharing Market: Segmentation

The global market for enterprise file synchronization and sharing market is segmented in terms of deployment, into Cloud and On-premises.

On basis of vertical, the market is fragmented into BFSI, IT and Telecommunications, Retail, Education, Transportation, Healthcare, Manufacturing, and Others.

In terms of end-user, the market is segregated as Large Scale Enterprises and SMEs.

Enterprise File Synchronization and Sharing (EFSS) Market: Report Scope

Global Enterprise File synchronization and sharing market: Regional analysis

EFSS market is presently dominated by North America due to the fast pace technology adoption of the country. Europe stands next in the EFSS market to be dominating as the country is well equipped with the latest technological advancements. Asia-Pacific excluding Japan region is also growing its dominance in the EFSS market as these regions are moving at a faster pace in adopting the digitalization process and technology.

Global Enterprise File Synchronization and Sharing Market: Competitive players

Some of the crucial market players are:

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

The global Enterprise File Synchronization and Sharing (EFSS) Market is segmented as follows:  

By deployment 

• Cloud 
• On-premises 

By vertical 

• BFSI
• IT and Telecommunications
• Retail
• Education
• Transportation 
• Healthcare
• Manufacturing, and Others 

By end-user 

• Large Scale Enterprises and 
• SMEs

Global Enterprise File Synchronization and Sharing Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • The UK
  • France
  • Germany
• The Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.

Frequently Asked Questions