Implementation of BYOD programs in organizations will raise EFSS Market by 2025 with a CAGR of 23.2%.Published Date: Dec 2016
The “Enterprise File Sharing and Synchronization (EFSS) to 2025 by Solution, Services (Professional Services and Integration Services), Deployment Model (Cloud, On-Premise and Hybrid) , End-Users (Small, Mid-Size and Large Enterprises) and Industry Vertical (Healthcare & Life Sciences, Financial Services and Insurance, Telecommunication & IT, Media & Entertainment, Consumer Goods and Retail, Industrial Good and Automotive and Others) – Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of EFSS market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant EFSS players in the market and their key developments.
EFSS Market to 2025 – Global Analysis and Forecast bySolution, Service, Deployment Model and End-Users and Industry Verticals, EFSS market is expected to grow US$ 10.57 billion by 2025 from US$ 1.35 billion in 2015. EFSS market is described as a range of on-premises, cloud-based and hybrid capabilities that enable enterprise synchronize and share documents, photos, videos and files across multiple devices, such as smartphone tablets and PCs. File sharing can be within the organization, as well as externally with partners and customers or on any mobile device as data sharing among application based devices. Security and collaboration are the major driving factors of EFSS to address enterprise priorities.
Some of the remarkable partnership and collaboration in this industry are collaboration of Box, Inc. and Google, Inc. on various initiatives to transform work in the cloud. This includes new integrations between Box, Google Springboard and Google Docs for delivering enhanced experience for collaborating and working on content in the cloud. Apart from this, Box has entered into non-binding Memorandum of Understanding (MoU) with Fujitsu Limited. According to this partnership, Fujitsu Limited would deploy Box to the about 160,000 employees in its internal communication platform. Apart from offering improved content management, Box will help in controlling storage expansion costs which increase along the rising volumes of data storage.
The global EFSS market by geography is segmented into six region including North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to account for the largest share of the global EFSS market in 2016, followed by Europe. Germany and UK being two key countries in Europe region which will lead EFSS market in this region and is also expected to continue its dominance throughout the forecast period from 2016 to 2025. The report profiles key players such Accellion, Inc., Google, Inc., Microsoft Corporation, Box, Inc., Citrix Systems, Inc., Dropbox, Inc., Vmware Inc., Syncplicity LLC, and Sugarsync, Inc., among others.
The report segments the global EFSS market as follows:
Global EFSS Market – By Deployment Model
Global EFSS Market – By Service
Professional Services and
Global EFSS Market – By End-User
Global EFSS Market – By Industry Verticals
Healthcare & Life Sciences
Financial Services and Insurance
Telecommunication & IT
Media & Entertainment
Consumer Goods and Retail
Industrial Good and Automotive and
Global EFSS Market – By Geography
Rest of Europe
Asia Pacific (APAC)
Rest of APAC
Middle East & Africa (MEA)
Rest of MEA
South America (SA)
Rest of SA