North America Enterprise File Synchronization and Sharing Market: Industry Analysis and Forecast 2019-2026

[akash Arjun pingale]

North America Enterprise File Synchronization and Sharing Market was valued US$ XX Bn in 2018 and is anticipated to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast period.

North America Enterprise File Synchronization and Sharing Market by Component

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The enterprise file synchronization and sharing market is segmented into component, delivery mode, organization size, vertical, deployment type, and geography. Based on components, the market comprises of solutions and services. By delivery mode, the enterprise file synchronization and sharing market includes distance learning, instructor-led training, and blended learning. Large enterprises, and small and medium-sized enterprises are the organization sizes based on which the enterprise file synchronization and sharing market is divided in North America. The deployment type segment for the North America enterprise file synchronization and sharing market consists of on-premises and cloud. Software and technology, healthcare, retail, banking, financial services, and insurance, manufacturing, government and defence, telecom, and others are the different Delivery modes for the North America enterprise file synchronization and sharing market.

Organizations often adopt these technologies and have continued to use it for preventing employees from using outside consumer-based file sharing apps for storing, accessing and managing corporate data present outside of the IT department’s control and vigilance. The increasing use of clod based services by organizations have further pushed the application of enterprise file synchronization and sharing software and systems.

The North America is one of the major markets for Enterprise File Synchronization and Sharing where U.S. and Canada are the two major regions profiled under this report. US held the largest share for the North America enterprise file synchronization and sharing market due to the increase in demand for secured transactions and transfer of information between company employees.

Among components, the integrated EFSS solution segment is expected to hold the larger market size during the forecast period. This growth can be attributed to the widespread adoption of integrated EFSS solutions among enterprises. With the advent of technologies and digital transformation trends, businesses focus more on workforce collaboration and productivity. Hence, companies prefer deploying EFSS solutions with other third-party business applications, such as Enterprise Content Management (ECM), Microsoft office, and information rights management.

Under deployment types, the cloud deployment type is expected to hold the larger market size, and is also expected to grow at a higher CAGR during the forecast period. The adoption rate of the cloud deployment type is said to be on a rise, due to its wide range of features and functionalities, such as reliability, speed in accessing information, pay-per-usage models, and lower operational costs. Owing to initial investments and maintenance hassles in the on-premises deployment type, businesses are rapidly switching to the cloud deployment type.

The healthcare industry vertical is expected to be the largest-growing industry vertical in the EFSS market. The use of mobile devices among patients, doctors, nurses, and other supporting staff has increased across the globe. Moreover, organizations in the healthcare industry vertical are required to adhere to Health Insurance Portability and Accountability Act (HIPAA) regulations for data sharing and storage. These factors would drive the adoption of EFSS solutions in this industry vertical.

US held the largest share for the North America enterprise file synchronization and sharing market due to the increase in demand for secured transactions and transfer of information between company employees.

Dropbox, Microsoft Box, Citrix Systems, Next cloud, ownCloud, CodeLathe, Intralinks, Qnext Corp, XMedius Solutions, Inspire-Tech, Northbridge Secure Systems, MyWorkDrive, CTERA Networks, BlackBerry, IBM, VMware, Google, Acronis International, OpenText are key players included in the North America Enterprise File Synchronization and Sharing market.

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North America Enterprise File Synchronization and Sharing Market by Component:

• Solutions

• Services

North America Enterprise File Synchronization and Sharing Market by Delivery Mode:

• Distance Learning

• Instructor-Led Training

• Blended Learning

North America Enterprise File Synchronization and Sharing Market by Organization Size:

• Large Enterprises

• Small and Medium-Sized Enterprises

North America Enterprise File Synchronization and Sharing Market by Vertical:

• Government and Defense

• Manufacturing

• Banking, Financial Services, and Insurance (BFSI)

• Energy and Utilities

• IT and Telecommunications

• Others

North America Enterprise File Synchronization and Sharing Market by Deployment Type:

• On-Premises

• Cloud

North America Enterprise File Synchronization and Sharing Market by Region:

• North America

• US

• Canada

Key Player Analysed in the North America Enterprise File Synchronization and Sharing Report:

• Dropbox

• Microsoft

• Box

• Citrix System

• Nextcloud

• ownCloud

• CodeLathe

• Intralinks

• Qnext Corp.

• XMedius Solutions

• Inspire-Tech

• Northbridge Secure Systems

• MyWorkDrive

• CTERA Networks

• BlackBerry

• IBM

• VMware

• Google

• Acronis International

• OpenText

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