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EFSS Trends and Forecast
The future of the global EFSS market looks promising with opportunities in the cloud virtualization, enterprise content management system, enterprise mobility, enterprise storage and backup, and enterprise document management markets. The global EFSS market is expected to reach an estimated $34.1 billion by 2030 with a CAGR of 23.0% from 2024 to 2030. The major drivers for this market are growing worries about company data security and privacy, broad use of cloud computing technologies to reduce running expenses, and rising levels of disposable income and massive R&D (research and development) endeavors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
EFSS by Segment
The study includes a forecast for the global EFSS by service, application, deployment model, and region.
EFSS Market by Service [Shipment Analysis by Value from 2018 to 2030]:
• Managed Services
• Professional Services
EFSS Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cloud Virtualization
• Enterprise Content Management System
• Enterprise Mobility
• Enterprise Storage and Backup
• Enterprise Document Management
• Others
EFSS Market by Deployment Model [Shipment Analysis by Value from 2018 to 2030]:
• Private Cloud
• Public Cloud
• Hybrid Cloud
EFSS Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of EFSS Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies EFSS companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the EFSS companies profiled in this report include-
• Box
• Citrix Systems
• Dropbox
• Microsoft
• Google
• IBM
• Egnyte
• Acronis
• OpenText
• BlackBerry
EFSS Market Insights
Lucintel forecasts that managed services is expected to witness the higher growth over the forecast period due to avoiding cloud-based services and security lapses, their clients renew their subscriptions year after year, as well as, managed service providers gain access to exclusive partner pricing.
Within this market, cloud virtualization will remain the largest segment due to permits businesses to use resources in an optical manner, allowing them to adopt virtualization technology more quickly to expedite business processes.
North America will remain the largest region over the forecast period due to growing use of emerging technologies as a result of the countryÄX%$%Xs stable economy, digitization, automated workflow systems in smes, robust government programs, and ongoing projects.
Features of the Global EFSS Market
Market Size Estimates: EFSS market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: EFSS market size by service, application, deployment model, and region in terms of value ($B).
Regional Analysis: EFSS market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different service, application, deployment model, and regions for the EFSS market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the EFSS market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the EFSS market size?
Answer: The global EFSS market is expected to reach an estimated $34.1 billion by 2030.
Q2. What is the growth forecast for EFSS market?
Answer: The global EFSS market is expected to grow with a CAGR of 23.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the EFSS market?
Answer: The major drivers for this market are growing worries about company data security and privacy, broad use of cloud computing technologies to reduce running expenses and rising levels of disposable income and massive R&D (research and development) endeavors.
Q4. What are the major segments for EFSS market?
Answer: The future of the EFSS market looks promising with opportunities in the cloud virtualization, enterprise content management system, enterprise mobility, enterprise storage and backup, and enterprise document management markets.
Q5. Who are the key EFSS market companies?
Answer: Some of the key EFSS companies are as follows:
• Box
• Citrix Systems
• Dropbox
• Microsoft
• Google
• IBM
• Egnyte
• Acronis
• OpenText
• BlackBerry
Q6. Which EFSS market segment will be the largest in future?
Answer: Lucintel forecasts that managed services is expected to witness the higher growth over the forecast period due to avoiding cloud-based services and security lapses, their clients renew their subscriptions year after year, as well as, managed service providers gain access to exclusive partner pricing.
Q7. In EFSS market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing use of emerging technologies as a result of the countryÄX%$%Xs stable economy, digitization, automated workflow systems in smes, robust government programs, and ongoing projects.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the EFSS market by service (managed services and professional services), application (cloud virtualization, enterprise content management system, enterprise mobility, enterprise storage and backup, enterprise document management, and others), deployment model (private cloud, public cloud, and hybrid cloud), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Efss Market, Efss Market Size, Efss Market Growth, Efss Market Analysis, Efss Market Report, Efss Market Share, Efss Market Trends, Efss Market Forecast, Efss Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global EFSS Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global EFSS Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global EFSS Market by Service
3.3.1: Managed Services
3.3.2: Professional Services
3.4: Global EFSS Market by Application
3.4.1: Cloud Virtualization
3.4.2: Enterprise Content Management System
3.4.3: Enterprise Mobility
3.4.4: Enterprise Storage and Backup
3.4.5: Enterprise Document Management
3.4.6: Others
3.5: Global EFSS Market by Deployment Model
3.5.1: Private Cloud
3.5.2: Public Cloud
3.5.3: Hybrid Cloud
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global EFSS Market by Region
4.2: North American EFSS Market
4.2.2: North American EFSS Market by Application: Cloud Virtualization, Enterprise Content Management System, Enterprise Mobility, Enterprise Storage and Backup, Enterprise Document Management, and Others
4.3: European EFSS Market
4.3.1: European EFSS Market by Service: Managed Services and Professional Services
4.3.2: European EFSS Market by Application: Cloud Virtualization, Enterprise Content Management System, Enterprise Mobility, Enterprise Storage and Backup, Enterprise Document Management, and Others
4.4: APAC EFSS Market
4.4.1: APAC EFSS Market by Service: Managed Services and Professional Services
4.4.2: APAC EFSS Market by Application: Cloud Virtualization, Enterprise Content Management System, Enterprise Mobility, Enterprise Storage and Backup, Enterprise Document Management, and Others
4.5: ROW EFSS Market
4.5.1: ROW EFSS Market by Service: Managed Services and Professional Services
4.5.2: ROW EFSS Market by Application: Cloud Virtualization, Enterprise Content Management System, Enterprise Mobility, Enterprise Storage and Backup, Enterprise Document Management, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global EFSS Market by Service
6.1.2: Growth Opportunities for the Global EFSS Market by Application
6.1.3: Growth Opportunities for the Global EFSS Market by Deployment Model
6.1.4: Growth Opportunities for the Global EFSS Market by Region
6.2: Emerging Trends in the Global EFSS Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global EFSS Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global EFSS Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Box
7.2: Citrix Systems
7.3: Dropbox
7.4: Microsoft
7.5: Google
7.6: IBM
7.7: Egnyte
7.8: Acronis
7.9: OpenText
7.10: BlackBerry
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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