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Enterprise File Synchronization and Sharing (EFSS) Market by Component (Standalone EFSS Solution, Integrated EFSS Solution, & Services), Deployment Type (Cloud & On-Premises), Organization Size, Industry Vertical, and Region - Global Forecast to 2023

Enterprise File Synchronization and Sharing (EFSS) Market by Component (Standalone EFSS Solution, Integrated EFSS Solution, & Services), Deployment Type (Cloud & On-Premises), Organization Size, Industry Vertical, and Region - Global Forecast to 2023

The emphasis of businesses on the security aspects of the corporate data is driving the growth of the EFSS market.
The global Enterprise File Synchronization and Sharing (EFSS) market size is expected to grow from USD 3.35 billion in 2018 to USD 10.94 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 26.7% during the forecast period. The increasing penetration of smartphones across businesses, a rise in mobile workforce, the increasing collaboration between employees and enterprises, and stringent government regulations over data security are some of the factors expected to drive the EFSS market. However, the high cost of EFSS solutions may act as the restraining factor for the growth of the EFSS market.

The public cloud deployment type is expected to have the largest market share during the forecast period.
The public cloud deployment type is expected to have the largest market share in the EFSS market during the forecast period. The public cloud deployment model offers various benefits to enterprises. Some of these benefits include scalability, reliability, flexibility, and remote location access. The public cloud deployment type is preferred by the enterprises that have less regulatory hurdles, and are willing to outsource their storage facilities, either fully or partially.

The Banking, Financial Services, and Insurance (BFSI) industry vertical is expected to hold the largest market share during the forecast period.
Among industry verticals, the Banking, Financial, and Insurance (BFSI) industry vertical is expected to hold the largest market share during the forecast period. The growth in the EFSS market, especially in the BFSI industry vertical, can be attributed to the increasing financial services, IT automation, and reforms in economies and banking services worldwide. EFSS solutions help BFSI organizations in improving their workforce productivity, streamlining business operations, enhancing customer experience, and ensuring compliances and regulatory policies.

Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period.
In terms of regions, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The APAC region is expected to register continuous growth, majorly due to advancements in various industry verticals, namely, BFSI, government, education, healthcare, transportation and logistics, and retail.

Organizations in this region have shifted toward the mobile-first approach and are focusing more on improving the workforce productivity. Several factors are expected to drive the impressive growth of the APAC region. The factors include rapid economic development, globalization, Foreign Direct Investment (FDI), cloud-based solutions, growing Corporate-Owned Personally-Enabled (COPE) trend, and massive penetration of smartphones and internet across consumers and business segments. Countries that would constitute a major portion of the market include China, India, Japan, South Korea, and Australia.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the EFSS market.

The breakup of the profiles of the primary participants is given below:
By Company: Tier 1 - 35%, Tier 2 - 39%, and Tier 3 - 26%
By Designation: C-Level - 55%, Director Level - 40%, and Others - 5%
By Region: North America - 38%, Europe - 40%, APAC - 21%, and Rest of the World (RoW) - 1%

The key EFSS vendors profiled in the report are as follows:
Dropbox (US)
Microsoft (US)
Box (US)
Citrix Systems (US)
Syncplicity by Axway (US)
Egnyte (US)
BlackBerry (Canada)
IBM (US)
VMware (US)
Google (US)
Acronis International (Switzerland)
OpenText (Canada)
Thru. Inc. (US)
Accellion (US)
j2 Global (SugarSync) (US)
MyWorkDrive by Wanpath LLC (US)
SkySync (US)
HighQ Solutions (UK)
Nextcloud (Germany)
ownCloud (Germany)
CodeLathe (FileCloud) (US)
Intralinks (US)
Qnext Corp. (FileFlex) (Canada)
XMedius Solutions (Canada)
Inspire-Tech (Singapore/US)
CTERA Networks (Israel/US)
Northbridge Secure Systems (Australia)

Research Coverage
The EFSS market is segmented based on components (standalone EFSS solution, integrated EFSS solution, and services), deployment types, organization size, industry verticals, and regions. The detailed analysis of the key industry players is done to provide insights into their business overviews; services; key strategies; new service launches; partnerships; agreements; and collaborations; expansions; and competitive landscape associated with the global EFSS market.

Reasons to Buy the Report
The report would help market leaders/new entrants in the following ways:
The report segments the EFSS market comprehensively and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different regions.
The report would help stakeholders understand the pulse of the market, and provides information on the key market drivers, restraints, challenges, and opportunities.
The report would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes competitor ecosystems, new service developments, partnerships, and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE EFSS MARKET
    • EFSS MARKET, MARKET SHARE OF THE TOP 4 INDUSTRY VERTICALS AND REGIONS, 2018
    • MARKET INVESTMENT SCENARIO
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • REGULATORY LANDSCAPE
      • HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)
      • GENERAL DATA PROTECTION REGULATION (GDPR)
      • FEDERAL INFORMATION SECURITY MANAGEMENT ACT (FISMA)
      • PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI DSS)
      • SARBANES-OXLEY ACT (SOX)
      • GRAMM-LEACH-BLILEY ACT (GLBA)
      • FAMILY EDUCATIONAL RIGHTS AND PRIVACY ACT (FERPA)
      • INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO) 27001
  • EFSS MARKET, BY COMPONENT
    • INTRODUCTION
      • Table EFSS MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
    • STANDALONE EFSS SOLUTION
      • Table STANDALONE EFSS SOLUTION: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • INTEGRATED EFSS SOLUTION
      • Table INTEGRATED EFSS SOLUTION: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SERVICES
      • Table SERVICES: EFSS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • PROFESSIONAL SERVICES
        • Table PROFESSIONAL SERVICES MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table PROFESSIONAL SERVICES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
        • Table CONSULTING SERVICES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
        • Table INTEGRATION AND DEPLOYMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
        • Table TRAINING AND SUPPORT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • MANAGED SERVICES
        • Table MANAGED SERVICES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • EFSS MARKET, BY DEPLOYMENT TYPE
    • INTRODUCTION
      • Table EFSS MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
    • CLOUD
      • Table CLOUD: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • Table EFSS MARKET SIZE, BY CLOUD DEPLOYMENT MODEL, 2016-2023 (USD MILLION)
      • PUBLIC CLOUD
        • Table PUBLIC CLOUD MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PRIVATE CLOUD
        • Table PRIVATE CLOUD MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • HYBRID CLOUD
        • Table HYBRID CLOUD MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • ON-PREMISES
      • Table ON-PREMISES: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • EFSS MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table EFSS MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • Table SMALL AND MEDIUM-SIZED ENTERPRISES: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • EFSS MARKET, BY INDUSTRY VERTICAL
    • INTRODUCTION
      • Table EFSS MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • USE CASE: GRANULAR CONTROL OVER FILE SHARING
    • SOFTWARE AND TECHNOLOGY
      • Table SOFTWARE AND TECHNOLOGY: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • USE CASE: REPLACING TRADITIONAL SOLUTIONS WITH A NEW UNIFIED FILE MANAGEMENT SOLUTION
    • GOVERNMENT AND PUBLIC SECTOR
      • Table GOVERNMENT AND PUBLIC SECTOR: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • USE CASE: EGOVERNANCE
    • HEALTHCARE
      • Table HEALTHCARE: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • USE CASE: SHARING MEDICAL RECORDS EFFECTIVELY WITH CLIENTS BY ENSURING COMPLIANCE
    • LEGAL
      • Table LEGAL: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • USE CASE: FILE SHARING WITH GRANULAR CONTROL ON DATA SECURITY
    • EDUCATION
      • Table EDUCATION: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • USE CASE: EASY FILE SHARING WITH EFSS
    • RETAIL
      • Table RETAIL: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • USE CASE: SHARING LARGE FILES TO OTHER RETAIL LOCATIONS
    • MEDIA AND ENTERTAINMENT
      • Table MEDIA AND ENTERTAINMENT: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • USE CASE: TICKET BOOKINGS AND ENTERTAINMENT-RELATED BLOGS
    • OTHERS
      • Table OTHERS: EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • EFSS MARKET, BY REGION
    • INTRODUCTION
      • Table EFSS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: EFSS MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: EFSS MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: EFSS MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: EFSS MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: EFSS MARKET SIZE, BY CLOUD DEPLOYMENT MODEL, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: EFSS MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: EFSS MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: EFSS MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table EUROPE: EFSS MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table EUROPE: EFSS MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table EUROPE: EFSS MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE: EFSS MARKET SIZE, BY CLOUD DEPLOYMENT MODEL, 2016-2023 (USD MILLION)
      • Table EUROPE: EFSS MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table EUROPE: EFSS MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: EFSS MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: EFSS MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: EFSS MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: EFSS MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: EFSS MARKET SIZE, BY CLOUD DEPLOYMENT MODEL, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: EFSS MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: EFSS MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: EFSS MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: EFSS MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: EFSS MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: EFSS MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: EFSS MARKET SIZE, BY CLOUD DEPLOYMENT MODEL, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: EFSS MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: EFSS MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: EFSS MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EFSS MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EFSS MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EFSS MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EFSS MARKET SIZE, BY CLOUD DEPLOYMENT MODEL, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EFSS MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EFSS MARKET SIZE, BY INDUSTRY VERTICAL, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • PROMINENT PLAYERS OPERATING IN THE EFSS MARKET
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT LAUNCHES/PRODUCT ENHANCEMENTS
        • Table NEW PRODUCT LAUNCHES/PRODUCT ENHANCEMENTS, 2016-2018
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2015-2018
      • ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2015-2018
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2015-2018
  • COMPANY PROFILES
    • INTRODUCTION
    • BOX
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CITRIX SYSTEMS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • DROPBOX
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SYNCPLICITY BY AXWAY
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GOOGLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IBM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BLACKBERRY
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EGNYTE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VMWARE
      • BUSINESS OVERVIEW
      • SOLUTIONS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ACRONIS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OPENTEXT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • THRU INC.
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ACCELLION
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SUGARSYNC
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CTERA NETWORKS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NEXTCLOUD GMBH
    • MYWORKDRIVE BY WANPATH LLC
    • QNEXT CORP.
    • NORTHBRIDGE SECURE SYSTEMS PTY LTD
    • INSPIRE-TECH PTE LTD
    • SKYSYNC
    • HIGHQ
    • INTRALINKS
    • OWNCLOUD
    • CODELATHE
    • XMEDIUS SOLUTIONS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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