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Stock impact report

Europe Enterprise File Synchronization And Sharing Market to Hit Valuation of USD 12,491.5 Million By 2032 | Astute Analytica [Yahoo! Finance]

Open Text Corporation - Common Shares (OTEX) 
Last open text corporation - common shares earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.opentext.com/investor-relations
Company Research Source: Yahoo! Finance
Innovations in security, seamless integration, and user-centric designs drive adoption. The market's expansion is bolstered by remote work trends, necessitating reliable, collaborative, and compliant solutions, positioning Europe as a pivotal EFSS innovator. New Delhi, June 24, 2024 (GLOBE NEWSWIRE) -- According to the latest research by Astute Analytica, the Europe enterprise file synchronization and sharing market is projected to attain a valuation of US$ 12,491.5 million by 2032, up from US$ 2,018.3 million in 2023, at a CAGR of 22.45% during the forecast period 2024–2032. The demand for Enterprise File Synchronization and Sharing (EFSS) is surging across European countries. Wherein, the proliferation of remote and hybrid work models has necessitated effective collaboration tools. According to a recent Astute Analytica's report, over 70% of European businesses have adopted some form of remote work, driving the need for secure and efficient file sharing solutions. Moreover, the Show less Read more
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