File Sharing Software Market Growth rate is expected to reach USD 4.12 Billion at a CAGR of 8.24% by 2030

 Market Highlights:

The global File Sharing Software Market is benefiting from the improving network infrastructure along with the arrival of high bandwidth internet connectivity such as 3G,4G and 5G. At the same time, the mushrooming of data centers has boded well for market players. As the need for live data/file sharing grows, opportunities for novel data technologies such as file sharing software increases.

Increased demand for seamless and faster data transfer is leading to adoption of File Sharing Software Market. As per the latest report published by Market Research Future, the global file sharing software market is expected to exhibit an impressive growth over the next couple of years. The arrival of file sharing software has revolutionized the way files are shared from any place and any time. Rising preference for file sharing software over alternatives such as emails and hard disks is favouring the market and forecast period 2020 to 2030.

Most conventional alternatives have limitations such as restrictions on file size, security issues, file corruption, etc. Moreover, need for physical mobility for both sender and receiver hinders the popularity of alternate technologies.

Growth of cloud technology and rapid internet penetration in emerging economies has resulted increase data transfer activities. Over the years a slew of platforms has come up that support immediate file sharing, receiving and storing. As modern industries are increasing relying on data, the need for effective data management continues to grow. Such trends indicate towards a position outlook for the global file sharing software market during the forecast period.

Competition Analysis:

Some of the leading market participants mentioned in MRFR’s report include Dropbox (US), Box (US), ownCloud GmbH (Germany), Huddle (UK), Onehub (US), SecureDocs, Inc. (US), Droplr (US), Google (US), IBM Corporation (US), WeTransfer (Netherlands), Microsoft Corporation (MSFT), Tresorit (Switzerland), Open Drive (US), Intralinks Holdings, Inc. (US) and Citrix Systems, Inc. (US)

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Segmental Analysis:

MRFR’s report includes a detailed segmental analysis of the market based on deployment, type, end user, services, vertical and region.

On the basis of deployment, the market has been segmented into on-premise and cloud. The cloud segment is projected to maintain its superior status in terms of market valuation throughout the assessment period. 

On the basis of type, the market has been segmented into peer-to-peer, client-server, system native and others. Among these, he client server segmented has emerged high profitable and this trend is likely to continue over the next several years. Whereas the peer-to-peer segmented is anticipated to retain its second position during the forecast period.

On the basis of end-use, the market has been segmented into individual user and enterprise user. The enterprise user segment currently holds the pole position and is projected to demonstrate the fastest growth during the assessment period.

File Sharing Software Market Geographical Analysis:

The North American region is to retain its dominance over the global file sharing software market, heading with the presence of numerous technology giant. Factors such as the early adoption and constant innovations of technologies by the American and Canadian companies substantiate the growth of the market. Regionally, the US is the largest market for file sharing software in the regional market, followed by Canada and Mexico, respectively.

The European region takes the second lead in the global file sharing software market. Advancement in digital technologies alongside, the increasing demand for online file sharing and the rising adoption of BYOD across the industry verticals drive the regional market. Also, the presence of many industry giants is a key driving force for the file sharing software market in this region.

The Asia Pacific file sharing software market has emerged as a promising market, globally.  The growth of the regional market attributes mainly to the uptake of the software in increasing number of businesses in the region to improve business productivity and efficiency.

Industry News:

July 10, 2019 --- BitTorrent Inc. (the US), a software company and a subsidiary of one of the largest decentralized peer-to-peer networks across the globe TRON, announced the launch of its new software - BitTorrent Speed, specially designed for the help scaling up, uploading and downloading of files within the network.

The BitTorrent Speed will make it possible for millions of users to gain fast and uninterrupted access to files on the network while being rewarded for activity. With BitTorrent Speed, users can now download and upload large files rapidly without any hassle.

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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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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