Enterprise File Synchronization and Sharing (EFSS) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Enterprise File Synchronization and Sharing Market is Segmented by Service (Managed Services, Professional Services), Size of Enterprise (Small and Medium Enterprises, Large Enterprises), Deployment (Cloud, On-Premise), End-User Vertical (IT & Telecom, Banking, Financial Services, and Insurance, Retail, Manufacturing, Education, Government), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value in (USD) for all the Above Segments.

Enterprise File Synchronization and Sharing (EFSS) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Enterprise File Synchronization And Sharing Industry Overview

The enterprise file synchronization and sharing market is fragmented and intensely competitive. Players use strategies such as new product launches, partnerships, expansions, and others to increase their footprints in this market. The players share resources for mutual benefits. The client companies leverage the solutions the service providers offer to bolster some major functionalities.

  • October 2023 - The cloud-based file-sharing company Dropbox Inc. revealed the launch of its new artificial intelligence-based search feature, Dropbox Dash, into open beta test along with enhancements to its AI-powered summarization experience Dropbox AI. The company also announced a new all-in-one tool, Dropbox Studio, allowing customers to capture, edit, and get feedback videos.
  • May 2023 - Microsoft announced a new OneDrive experience for work and school that starts with the OneDrive home page and spans file experiences across Microsoft 365. It’s a visual and functional upgrade designed to help you get to files quickly and keep your content organized in multiple ways. The new features and upgraded design make it faster to get to all your personal, shared, and team files in OneDrive so you can be more productive.

Enterprise File Synchronization And Sharing Market Leaders

  1. Box, Inc.

  2. Citrix Systems, Inc.

  3. Dropbox, Inc.

  4. Microsoft Corporation

  5. Google Inc. (Alphabet Inc.)

  6. *Disclaimer: Major Players sorted in no particular order
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