Global Enterprise File Sync and Share Market 2018-2022
About Enterprise File Sync and Share
EFSS software are solutions that enable organizations to synchronize and share files such as documents, photos, videos, and other data securely across multiple devices, platforms, and stakeholders.
Technavio’s analysts forecast the global enterprise file sync and share market to grow at a CAGR of 14.17% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global enterprise file sync and share market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Enterprise File Sync and Share Market 2018-2022
Technavio recognizes the following companies as the key players in the global enterprise file sync and share market: Axway, Box, Citrix Systems, and Dropbox.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is commoditization of EFSS software. With the gradual evolution in features and scope and increasing demand, EFSS is expected to be commoditized in the coming years. While it is premature to state if EFSS is going to be replaced entirely, the scope of EFSS is continually evolving.”
According to the report, one driver in the market is IT software consumerization across verticals. The world is witnessing an age of software consumerization. Consumerization is the amalgamation of technology originating from the end-user for use in enterprises. It allows enterprises to leverage and use new technology that has its origins from consumers rather than businesses. Businesses are adopting consumerization due to technological advances and the implementation of employee-centricity across verticals.
Further, the report states that one challenge in the market is risk related to security and privacy of files and data. In the modern world, the threat to security has increased due to technological advances. There is a shortage of security. Due to the increasing number of processes are going online, data breaches are an increasing threat. Maintaining system security and data privacy is a significant challenge for any organization.
Axway, Box, Citrix Systems, and Dropbox.
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