What is File Sharing Software Market?
File sharing is the practice of distributing or providing access to digital media such as computer programs, multimedia (audio, images and video), documents or electronic books. File sharing software is a tool designed to store and distribute digital files across an organizational network or over the internet. It eliminates the need to use physical files/forms and hardware to maintain and share information thus reducing overhead expenses associated with maintaining the infrastructure required to store and distribute hard copies. It provides security for sensitive data, making data less prone to manipulation and corruption.
Highlights from File Sharing Software Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Google (United States), Dropbox (United States), Microsoft Corporation (United States), Box (United States), Citrix System, Inc. (United States), ownCloud GmbH (Germany), Intralinks Holdings, Inc. (United States), Huddle (United Kingdom), Tresorit (Switzerland) and Onehub (United States) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global File Sharing Software market throughout the forecasted period.
Google (United States), Dropbox (United States), Microsoft Corporation (United States), Box (United States), Citrix System, Inc. (United States), ownCloud GmbH (Germany), Intralinks Holdings, Inc. (United States), Huddle (United Kingdom), Tresorit (Switzerland) and Onehub (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are IBM Corporation (United States), SecureDocs, Inc. (United States), Open Drive (United States) and WeTransfer (Netherlands). File Sharing Software Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Commercial Use, Daily Use and School |
Type | System-native File Sharing Software, Client-server File Sharing Software, Peer-to-peer (P2P) File Sharing Software and Cloud-based File Sharing Software |
Vertical | Government,Healthcare,Media and Entertainment |
Deployment | On-Premises,Cloud-Based |
Subscription | Annual Subscription,Monthly Subscription,Others |
On the basis of geography, the market of File Sharing Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for File Sharing Software with Advance Features
Market Growth Drivers:
Reduced Costs and Increased Data Integrity, Increase in the Adoption of Cloud Technology and Increased Penetration of the Internet
Challenges:
Cyber-Attacks May Affect the Market
Restraints:
Privacy and Security Issues Related Personal Data of the User and Technological Issues Associated with File Sharing Software
Opportunities:
Growing Demand from End-Users, Advancements in the Digital Technology and Increasing Applications of Files Sharing Software
Key Target Audience
File Sharing Software Providers, Research Professionals, Emerging Companies, Government Body & Associations and End user
Market Leaders & Development Strategies
In April 2023, Google launched a beta Nearby Share app for Windows to transfer files between mobile and PC. This launch helped company to expand its presence in file sharing software market
Recently, Google has launched Files Go, an app designed to manage and share files quickly. The new Files Go app is designed to free up space on phones with storage as low as 4GB.