Enterprise File Sharing and Synchronization (EFSS) Market to 2025 by Solution, Services (Professional Services and Integration Services), Deployment Model (Cloud,On-Premise and Hybrid ), End-Users (Small, MidSize and large Enterprise)and Industry Vertical (Healthcare & Life Sciences, Financial Services and Insurance, Telecommunication & IT, Media & Entertainment, Consumer Goods and Retail, Industrial Good and Automotive and Others) - Global Analysis and Forecast
EFSS market is expected to grow US$ 10.59 billion by 2025 from US$ 1.35 billion in 2015. Cloud deployment model expected to continue its dominance. Currently, almost 60% of the EFSS deployments are on cloud and hybrid model. Cloud models are most preferred by smaller and large organizations to store, manage and share efficiently the critical and sensitive files. Larger organizations also prefer cloud deployment models for their mission critical data. Lesser investments and easy integration with the systems have made the adoption of cloud deployment model more attractive among the organizations.