Global Managed File Transfer Market, By Solution (Application-Centric MFT, People-Centric MFT, AD-HOC MFT), Service (Consulting and System Integration, Support and Maintenance), Deployment Model (On-Premise, Cloud), Organization Size (Small and Medium Enterprises (SME), Large Enterprises), Vertical (Banking, Financial Services and Insurance (BFSI), IT and Telecommunications, Government and Public Sector, Media and Entertainment, Retail & CPG, Manufacturing, Healthcare, and Life Sciences, Other Verticals), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Managed File Transfer Market
The managed file transfer market is expected to witness market growth at a rate of 21.50% in the forecast period of 2021 to 2028. Data Bridge Market Research report on managed file transfer market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid digitization globally is escalating the growth of managed file transfer market.
Managed file transfer offers the users the advantage of securing data while sharing it or transferring it to another sources. The data might be in different forms, such as high-volume data and sensitive or compliance-protected data, among others. The managed file transfer service or software is generally utilized for numerous applications including enhancing operational efficiency, securing manage sensitive data, and automating data exchange across systems among other applications.
The increase in the need of data security and governance across the globe acts as one of the major factors driving the growth of managed file transfer market. The rise in demand for the technology owning to the several offers such as in-built interfaces, advanced managed folder capabilities, modular design, and business application, and high adoption of the technology for performance improvements and cost efficiency accelerate the market growth. The increase in the integration of the solution with enterprise business processes and IT workflows, and use of the solution for organizations in removing security compliance, and governance shortcomings that are involved in information sharing, whether internal and external to them, further influence the market. Additionally, rise in digitizing the workspace, availability of cost-effective managed file transfer software, and increasing demand for high-performance managed file transfer solutions positively affect the managed file transfer market. Furthermore, rise in Trend in Application Integration and high demand for Cloud-Based MFT Solutions extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, threat of substitutes and stiff competition from file sync and share services is expected to obstruct the market growth. Lack of end user awareness and overdependence on traditional file transfer alternatives are projected to challenge the managed file transfer market in the forecast period of 2021-2028.
This managed file transfer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on managed file transfer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Managed File Transfer Market Scope and Market Size
The managed file transfer market is segmented on the basis of solution, service, deployment model, organization size and vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of solution, the managed file transfer market is segmented into Application-Centric MFT, People-Centric MFT, and AD-HOC MFT.
- On the basis of Service, the managed file transfer market is segmented into consulting and system integration, and support and maintenance.
- On the basis of the deployment model, the managed file transfer market is segmented into on-premise and cloud.
- On the basis of organization size, the managed file transfer market is segmented into small and medium enterprises (SME), and large enterprises.
- On the basis of vertical, the managed file transfer market is segmented into banking, financial services and insurance (BFSI), IT and telecommunications, government and public sector, media and entertainment, retail & CPG, manufacturing, healthcare and life sciences, and other verticals.
Global Managed File Transfer Market Country Level Analysis
The managed file transfer market is analyzed and market size, volume information is provided by country, solution, service, deployment model, organization size and vertical as referenced above.
The countries covered in the managed file transfer market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the managed file transfer market due to the high demand for managed file transfer across various verticals such as BFSI, media & entertainment, retail, manufacturing, telecommunication, others within the region. Asia-Pacific is expected to witness highest growth during the forecast period of 2021 to 2028 because of the rise in digitization in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Managed File Transfer Market Share Analysis
The managed file transfer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to managed file transfer market.
The major players covered in the managed file transfer market report are IBM Corporation, Oracle, Axway, swift file transfer, SAISON INFORMATION SYSTEMS CO.,LTD., Broadcom, ACCELLION, GlobalSCAPE, Inc., Primeur, Signiant, Inc., Progress Software Corporation, Micro Focus , TIBCO Software Inc., Attunity, SSH COMMUNICATIONS SECURITY, INC., Open Text Corporation., SEEBURGER, Inc., Data Expedition, Inc., FileCatalyst and JSCAPE LLC, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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