Enterprise File Synchronization and Sharing market is projected to grow at a CAGR of 23% during the forecasting period 2021-2027. The healthcare industry vertical is projected to be the fastest growing in the market. The massive growth of the healthcare industry vertical has been attributed to the rising global population, lifestyle changes, and increased understanding of health-related issues.
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Due to its adherence to General Data Protection Regulation (GDPR) compliances, Europe is projected to be the second largest region in terms of business size in the EFSS market. Several factors would drive the growth of the Asia Pacific (APAC) area as a result of technological advancement. Rapid economic growth, globalisation, Foreign Direct Investment (FDI), cloud-based solutions, the rising COPE trend, and widespread use of smartphones and the internet by consumers and businesses are among these factors.

Key market players include Dropbox Box, Citrix Systems, Dropbox, Microsoft, Syncplicity By xway, Google, IBM, BlackBerry, Egnyte, VMware, Acronis, OpenText, Thru Inc, Accellion, SugarSync

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