The enterprise file synchronization and sharing (EFSS) market is poised for significant growth, with projected revenues escalating from $14.0 billion in 2024 to $113.0 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 29.7% during the forecast period.
This expansion is primarily driven by the escalating need for secure data management solutions, as organizations increasingly prioritize data privacy and protection against breaches.
EFSS platforms offer enhanced security fea