File Sharing Software Market 2017 to 2027 – Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts
File Sharing Software Market Highlights:
File sharing software provides
multiple users access to important files and enables them to collaborate with
clients and customers. Files can be synced to the cloud and accessed through
multiple platforms. The global file sharing software market report by Market
Research Future (MRFR) provides insights on changing demands of users amid the
rapid consumption of data and access to high-speed data speeds. The COVID-19
pandemic is taken into account for providing projections for the period of 2018
to 2023 (forecast period).
The File Sharing Software Market can expand at 24.8% CAGR during the forecast
period to touch a value of USD 9,891.3 million by 2023, according to MRFR. The
need for rapid and seamless transfer of files is the major driver of the
market. Development of file sharing platforms and apps owing to expansion of
network infrastructure and availability of communication networking
technologies such as 4G/5G can bode well for the market.
The ease of using cloud and
ability to scale operations can lead to many file sharing companies offering
their services based on the technology. Moreover, the dipping prices of cloud
storage and offerings of various storage subscriptions can drive the market
demand significantly. The ability to protect content and intellectual property
can serve as new avenues for growth. Recently, FileCloud, an enterprise file
sharing and data governance platform, has built in security in its latest
iteration and focused on encryptions for preventing data from corruption during
large file transfers.
But the high costs of
enterprise file sharing software can limit its growth.
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Competitive Outlook:
Box, WeTransfer, Droplr, Open
Drive, Microsoft Corporation, Dropbox, Citrix Systems, Inc., Google, ownCloud
GmbH, Intralinks Holdings, Inc., Onehub, Huddle, Tresorit, IBM Corporation, and
SecureDocs, Inc. are key players of the global file sharing software market.
Segmentation:
·
By type, it is segmented into client-server,
system native, peer-to-peer, and others. The client-server segment is lead in
the market, followed by peer-to-peer.
·
By services, it is divided into professional
services and managed services. The former is sub-segmented into support &
maintenance services, integration and deployment services, and consulting
services.
·
By deployment mode, it is segmented into cloud
and on-premises.
·
By end user, it is divided into individual
user and enterprises user. The enterprises user is the largest segment of the
global file sharing software market in 2017.
·
By vertical, it is segmented into government,
BFSI, healthcare, education and research, IT & telecom, media and
entertainment, and others.
Regional Analysis:
The global file sharing
software market by region is segmented into Asia Pacific (APAC), North America,
Europe, the Middle East & Africa (MEA), and South America.
North America led the file
sharing software market in 2017, whereas APAC is expected to be the fastest
growing region in the file sharing software market with the highest CAGR during
the forecast period. The U.S. is expected to gain the highest market share in
the region, followed by Canada and Mexico. Some of the factors accountable for
the growth of the market include advancement in digital technologies with the
increasing need for online file sharing as well as the rising adoption of BYOD
across industry verticals. Moreover, the presence of industry giants such as
Dropbox Inc., Google Inc., Citrix ShareFile Inc., SecureDocs, Inc., Onehub,
Droplr, Inc., Box Inc., Huddle, and OpenDrive, is one of the driving factors
for the file sharing software market in this region.
Europe is expected to be at
the second spot for the file sharing software market in terms of market share
during the forecast period.
Table of Contents
1 Market
Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research
Methodology
2.1 Research File Sharing Software
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis &
Forecast
2.4.2 Market Size Estimation
Continued….
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List of Tables
Table 1 File
Sharing Software Market, By Type
Table 2 File
Sharing Software Market, By Application
Table 3 File
Sharing Software Market, By End Users
Continued….
List of Figures
Figure 1
Research Type
Figure 2
File Sharing Software Market, By Type (%)
Figure 3
File Sharing Software Market, By Application (%)
Continued….
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