Market Overview:
The global EFSS solutions market is expected to grow from USD 2.02 billion in 2018 to USD 7.88 billion by 2030, at a CAGR of 18.5% during the forecast period. The growth of the market can be attributed to the increasing demand for cloud-based EFSS solutions and rising need for data security and compliance across organizations. However, lack of awareness about EFSS solutions among end users is restraining the growth of the market. On-premises EFSS solutions are expected to hold a larger share than cloud-based EFSS solutions during the forecast period.
Product Definition:
An enterprise file sharing and synchronization (EFSS) solution is a software-as-a-service (SaaS) platform that enables employees to securely share and sync files across devices both inside and outside the office. EFSS solutions are important for businesses because they allow employees to easily access and share files, regardless of their location or device type. Additionally, EFSS solutions can help improve security by encrypting files as they're shared and synced.
On-premises:
On-premises is a term used for the software and data that are stored on the end user's computer system. The data can be in any form such as text documents, spreadsheets, images or videos. On-premises solutions offer high security as they are stored internally within the organization’s networked server environment thus making it more difficult to breach.
Cloud-Based:
Cloud-based is a term used to define software solutions that are hosted on the cloud. The cloud computing model has gained popularity among various organizations and individuals due to its cost effectiveness, reliability, and easy accessibility from any place in the world. Cloud-based services offer benefits such as increased storage space at low costs which have boosted their demand over traditional on-premise deployment methods.
Application Insights:
The large enterprises segment dominated the global EFSS solutions market in 2017, accounting for over 60% of the overall share. The segment is expected to witness significant growth over the forecast period owing to various factors such as increasing demand for enterprise resource planning (ERP) systems from large companies and growing concerns regarding data integrity and security.
The SMEs' application segment is expected to witness considerable growth during the forecast period due to increasing adoption of cloud-based EFSS solutions by small businesses across different industry verticals. Cloud-based EFSS offers a cost-effective solution with easy access to system resources, thus driving its adoption among SMEs across different industries globally. Increasing digitalization has led many small businesses or startups operating in emerging economies such as India, China and Brazil towards adopting cloud services owing to their low costs compared with on-premises servers coupled with flexible service offerings from providers such as Amazon Web Services (AWS).
Regional Analysis:
The European region dominated the global market in 2017. The presence of a large number of small and medium enterprises (SMEs) in Europe has resulted in the high adoption rate of EFSS solutions within this region. Moreover, the growing digitalization trend across various sectors including government, healthcare & life sciences, banking & financial services is expected to drive demand forEFSS solutions over the forecast period.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions over the next eight years owing to increasing investments by governments and private players for developing innovative technologies that would help boost productivity and efficiency within organizations along with effective collaboration among them.
Moreover, an increase in spending on technology infrastructure by companies such as IBM Corporation; Google LLC; Microsoft Corporation; Hewlett Packard Enterprise Development LP; Cisco Systems Inc.; Oracle America Inc.; Becton Dickinson And Company Inc.
Growth Factors:
- Increasing demand for cloud-based storage solutions and services
- Proliferation of Bring Your Own Device (BYOD) policies and the trend of working from home
- The need for better data security and compliance with regulations such as GDPR
- Growing popularity of file sync and share (FSS) applications among end users
- Emergence of new technologies such as artificial intelligence (AI) and blockchain that can be used to improve EFSS solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
EFSS Solutions Market Research Report
By Type
On-premises, Cloud-Based
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Citrix, Egnyte, Dropbox, Syncplicity, Acronis, Box Enterprise, eFolder, WatchDox Ltd, Tresorit, Google
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global EFSS Solutions Market Report Segments:
The global EFSS Solutions market is segmented on the basis of:
Types
On-premises, Cloud-Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Citrix
- Egnyte
- Dropbox
- Syncplicity
- Acronis
- Box Enterprise
- eFolder
- WatchDox Ltd
- Tresorit
- Google
Highlights of The EFSS Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premises
- Cloud-Based
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the EFSS Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
EFSS Solutions is a global provider of enterprise file sharing, collaboration and storage solutions. The company's products include File Sync, File Share, Storage Sync and Storage Share. EFSS Solutions' products are used by organizations to share files securely between employees, partners and customers.
Some of the major players in the efss solutions market are Citrix, Egnyte, Dropbox, Syncplicity, Acronis, Box Enterprise, eFolder, WatchDox Ltd, Tresorit, Google.
The efss solutions market is expected to register a CAGR of 18.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EFSS Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 EFSS Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EFSS Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the EFSS Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global EFSS Solutions Market Size & Forecast, 2020-2028
4.5.1 EFSS Solutions Market Size and Y-o-Y Growth
4.5.2 EFSS Solutions Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 On-premises
5.2.2 Cloud-Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EFSS Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 EFSS Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 On-premises
9.6.2 Cloud-Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 On-premises
10.6.2 Cloud-Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 On-premises
11.6.2 Cloud-Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 On-premises
12.6.2 Cloud-Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 On-premises
13.6.2 Cloud-Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 EFSS Solutions Market: Competitive Dashboard
14.2 Global EFSS Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Citrix
14.3.2 Egnyte
14.3.3 Dropbox
14.3.4 Syncplicity
14.3.5 Acronis
14.3.6 Box Enterprise
14.3.7 eFolder
14.3.8 WatchDox Ltd
14.3.9 Tresorit
14.3.10 Google
