The enterprise file synchronization and sharing market affected by COVID-19 (by component, deployment model, end user, vertical, and region)-global forecast to 2026 – QNT Press Release

Dublin, November 8, 2021 (Global News Agency) – “The global enterprise file synchronization and sharing (EFSS) market affected by COVID-19 is divided into components (solutions, services), deployment models (cloud, local), end users (large enterprises, SMEs), vertical (BFSI, healthcare ), and region-forecast to 2026” Report has been added to supply.

The publisher predicts that the EFSS market will grow from US$6.1 billion in 2021 to US$20.5 billion in 2026, with a compound annual growth rate (CAGR) of 27.4% during the forecast period.

The main factors driving the growth of the EFSS market include the ever-increasing digital workplace and mobile workforce, the ever-increasing cooperation between employees and enterprises, the emphasis on enterprise data security by enterprises, and strict government compliance and regulations.

By component, the service sector will grow at a higher compound annual growth rate during the forecast period

Most EFSS providers provide two main types of services, namely professional services and managed services. The professional services sector is further subdivided into three categories: consulting services, integration and deployment, and training and support. The managed service part can help organizations reduce security risks and protect their business data.

According to the deployment method, the cloud segment leads the market during the forecast period

Cloud computing is one of the most effective technologies today. It affects every line of business. In this type of deployment, the EFSS solution is delivered via the cloud. The advantages of deploying a cloud-based EFSS solution include flexibility, scalability, affordability, operational efficiency, and low cost. The overall adoption rate of cloud-based EFSS solutions is rising, and due to their functions and core features, it is expected that these solutions will be in high demand during the forecast period.

By region, the Asia-Pacific region will grow at the highest compound annual growth rate during the forecast period

The EFSS market in the Asia-Pacific region is expected to achieve strong growth in the next few years as organizations in the region look forward to adopting…

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