Cloud Network Infrastructure Market Share, Business Overview, Challenges, Opportunities Share Global Analysis and Forecast to 2027

Market Scenario:
The Enterprise File Synchronization and
Sharing Market Trends is
growing rapidly. Market growth attributes to the rising adoption of enterprise
adopt synchronization & sharing (EFSS) technologies in businesses. Besides,
the increasing need to protect data from consumer-based apps to store access
and merge corporate data outside of the IT department foster market growth.
Moreover, increasing numbers of businesses worldwide, escalate the growth of
the market.
According to Market Research Future (MRFR), the
global enterprise file synchronization & sharing market is expected to
garner a valuation of around USD 11 BN by 2023, growing at approximately 28%
CAGR throughout the forecast period (2017 to 2023). Increasing
digitalization in file sharing solutions and business processes boost the
growth of the market. Rising BYOD trends to improve work efficiency and reduce
the company's operational expenses impact the market growth positively.
COVID-19 Analysis:
The business impact of
SARS-CoV-2 has been felt across diverse sections of the information technology
industry, albeit at different levels. Companies in the technology sector that
supply services for verticals like travel, retail, hospitality, and entertainment
have noted a dramatic decrease in sales, while the firms that provide services
related to remote worker solutions have observed the opposite. Enterprise File
Synchronization & Sharing Market ’s fate post pandemic has been relatively
less grim compared to Education Services (ES) and Professional Services (PS)
that are mostly dependent on components that are generally on-site.
In a nutshell, COVID-19
impact on managed services has been fruitful, with the market growth enhanced
than before. Given the prevalent lockdown situation, managed services vendors
are now investing heavily in remote-centric worker solutions, which can make
the market highly resilient in the coming years, even as the world is currently
rushing to achieve a COVID-19 breakthrough.
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Competitive Outlook:
Players
leading the enterprise file synchronization & sharing market include
Microsoft Corporation (US), Dropbox (US), Citrix Systems (US), IBM Aspera (US),
BlackBerry (Canada), VMware Inc. (US), OpenText (Canada), Google Inc. (US),
Thru. Inc. (US), Egnyte (US), Syncplicity (US), Acronis International
(Switzerland), SkySync (US), j2 Global (US), HighQ Solutions (UK), ownCloud
(Germany), Nextcloud (Germany), CodeLathe (FileCloud) (US), Qnext Corp.
(FileFlex) (Canada), Intralinks (US), XMedius Solutions (Canada), Northbridge
Secure Systems (Australia), Inspire-Tech (Singapore/US), Wanpath LLC (US),
CTERA Networks (Israel/US), and Accellion (US), among others.
Segmentation:
By Component : Standalone EFSS Solution, Integrated EFSS
Solution, and others.
By Deployment Type : On-Cloud and
On-Premises.
By Organization Size : Large Enterprises and small & medium-sized enterprises
(SMEs).
By Vertical : BFSI, Software & Technology, Government &
Public Sector, Healthcare, Legal, Education, Retail, Media & Entertainment,
and others.
By Regions : Europe, North America, APAC, and Rest of the
World.
Regional Analysis:
Europe
dominates the global enterprise file synchronization & sharing market. The
leading market share attributes to the continuous adoption of the latest
technological advancements, such as integrating cloud and mobile technologies
within traditional enterprise file sharing and synchronization solutions. Also,
early adoption and constant innovation by the organizations substantiate the
growth of the regional market. The European enterprise file synchronization
& sharing market is projected to retain its dominance throughout the
estimated period.
North
America stands second in the global enterprise file synchronization &
sharing market. The market is driven by the presence of several notable players
and well-equipped infrastructure that allows development and early adoption of
technologies. The US and Canada are the key growth contributors to the regional
market. Additionally, various dynamic & diversified multinational
organizations foster the growth of the regional market. The North American
enterprise file synchronization & sharing market is expected to create a
substantial revenue pocket during the forecast period.
Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continued….
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List of Tables
Table1 Global Enterprise
File Synchronization & Sharing Market, By Region, 2020–2027
Table2 North America:
Enterprise File Synchronization & Sharing Market, By Country, 2020–2027
Table3 Europe: Enterprise
File Synchronization & Sharing Market, By Country, 2020–2027
Continued…
List of Figures
FIGURE 1 Global
Enterprise File Synchronization & Sharing Market Segmentation
FIGURE 2 Forecast
Methodology
FIGURE 3 Porter’s Five
Forces Analysis Of Global Enterprise File Synchronization & Sharing Market
Continued…
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