Cloud Managed File Transfer Market to 2023 with Key Players Axway Inc., IBM Corporation, Oracle Corporation, Software AG, CA Technologies Inc., GlobalSCAPE Inc.

The cloud-managed file transfer technology helps in the secure transfer of data in an efficient and a reliable manner. The low infrastructure cost, affordable maintenance cost, and easy scalability are some of the factors, which attract the organizations to adopt cloud-managed file transfer solutions.

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The growth in need for the secure data transfer, demand for the real-time visibility to the file transfer transactions, and cost-friendly subscription models drive the growth of the market. However, factors such as lack of awareness and reluctance to switch from the traditional file transfer solutions hinder the market. Moreover, growth in dependence of the healthcare and BFSI market on the cloud-based solutions is expected to provide lucrative growth opportunities for the market.

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The report segments the cloud-managed file transfer market based on services, end users, and geography. Based on services, the market is classified into consulting, maintenance, and training. As per industry vertical, the market is divided into BFSI, media & entertainment, retail, manufacturing, IT & telecom, healthcare, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of major market players such as Axway Inc., IBM Corporation, Oracle Corporation, Software AG, CA Technologies Inc., GlobalSCAPE Inc., Wipro Limited, GlobalSCAPE, Inc, Ipswitch, Inc, and Signiant Inc., are also provided in this report.

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