Press release
Secure File Transfer Market Size to Reach Revenues of around USD 3 Billion by 2025 – Arizton
In-depth analysis and data-driven insights on the impact of COVID-19 included in this global secure file transfer market report.The global secure file transfer market is expected to grow at a CAGR of approximately 10% during the period 2019−2025.
Key Highlights Offered in the Report:
1. In 2020, COVID-19 has been a major catalyst for around 32% growth in secure file transfer solutions.
2. Over USD 1 billion will be the cumulative revenue opportunity for secure file transfer service providers during 2020-2025.
3. SME adoption of secure file transfer grew by about 50% in 2020, whereas large enterprise growth was around 20%, mainly driven by the COVID-19 pandemic.
4. Cloud-based file transfer solutions will bring-in revenue opportunities of over USD 500 million during 2020-2025, where the pandemic contributed to around 60% growth in 2020.
5. In 2020, the market growth across all industry sectors was about 15%-40%, with significant growth witnessed across healthcare, government, and education sectors in 2020.
6. The secure file transfer market is yet to mature among SMEs in developing countries, where digitalization and adoption of enterprise sync and share solutions will play a vital growth.
Key Offerings:
• Market Size & Forecast by Revenue | 2019−2025
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by deployment model, enterprises, end-user, and geography
• Competitive Landscape – 9 key vendors and 32 other vendors
Get your sample today! https://www.arizton.com/market-reports/secure-file-transfer-market
Secure File Transfer Market – Segmentation
• The hybrid deployment model market is expected to reach $1.26 billion by 2025. The increasing use of SaaS applications in the enterprise environment is likely to make hybrid solutions easily integrated and quickly deployable. The shift from on-premises service providers to hybrid services is a major driver, contributing to the growth of hybrid solutions.
• The increase in data volumes prompts small and medium enterprises (SME) to adopt secure file transfer protocols with added security and integration features. Secure file services are likely to continue their dominance due to the growth of SMEs operating in the retail, logistics, entertainment, real estate, and IT sectors.
• Healthcare, BFSI, legal services, retail, media, and entertainment end-users are likely to emerge as the major contributors to the market by 2025. The increased operational expenditure and initiatives toward the green environment are aiding the secure file transfer market's growth.
Secure File Transfer Market by Deployment Model
• On-premises
• Cloud-based
• Hybrid
Secure File Transfer Market by Enterprises
• Small and Medium
• Large
Secure File Transfer Market by End-users
• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• Legal
• Retail, Media, and Entertainment
• Manufacturing, Transportation, and Logistics
• Educational
• Government
• Others
Secure File Transfer Market – Dynamics
Cloud computing has been a strong force behind organizations’ digital workplace initiatives. Among these, there are enterprises that are involved in using complete cloud-based solutions or creating hybrid platforms for operations. These systems and platforms are popular, especially in organizations that allow remote working access. Several financial and healthcare customers operate their own private cloud environments, with applications hosted in their own data centers. The secure file transfer market is dominated by major cloud providers such as Microsoft, Google, AWS, Citrix, and IBM. Vendors are involved in providing cloud-based secure file transfer services in partnership with these cloud-based hosting providers. In addition, most enterprise content management systems are offered as a cloud-based Software-as-a-Service (SaaS) solution, which is integrated with secure file transfer solutions.
Key Drivers and Trends fueling Market Growth:
• Growth in Data Volumes
• Automation & End-to-End Monitoring of File Transfer
• Digitalization of Business Environment
• COVID-19 Spikes Demand for SFT Solutions
Secure File Transfer Market – Geography
In North America, many customers use FTP servers to transfer less-critical business data. However, many SMEs are signing up for cloud-based secure file transfer solutions and hybrid file transfer solutions due to security restrictions, increased business data processing needs, mobility enablement, and compliance requirement. The market is also growing due to the rise in cloud-based communication and collaboration platforms. Large enterprises in the region are the major contributors to the growth of secure file transfer solutions. The growth in data will necessitate automation of file transfer solutions among SMEs. Several enterprise content management software providers and cloud-based collaboration providers are also integrating secure file transfer solutions with their offerings.
Get your sample today! https://www.arizton.com/market-reports/secure-file-transfer-market
Secure File Transfer Market by Geography
• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• APAC
• China
• Japan
• Australia
• Rest of the World
• Brazil
• UAE
Major Vendors
• Accellion
• Axway
• Box
• Citrix
• Egnyte
• Globalscape
• Saison Information Systems (HULFT)
• IBM
• IPSWITCH
Other Prominent Vendors
• ArcESB International
• Amazon Web Services
• Befine Solutions (Cryptshare)
• Biscom
• BlackBerry
• Cleo
• CTERA
• Coviant Software
• Dropbox
• EISOO
• Egress Software Technologies
• HelpSystems (GOANYWHERE)
• Huddle
• Intralinks
• JSCAPE
• Maytech
• Microsoft
• Open Text
• Hightail
• Xmedius
• Primeur
• Qlik
• SmartFile
• Safe-T
• Seeburger
• SolarWinds
• South River Technologies
• Thru Inc.
• Vandyke Software
• Vaultize
• WeTransfer
Looking for more information? Click Here https://www.arizton.com/market-reports/secure-file-transfer-market
About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Secure File Transfer Market Size to Reach Revenues of around USD 3 Billion by 2025 – Arizton here
News-ID: 2210372 • Views: …
More Releases for File
Key Trend Reshaping the Secure File Transfer Market in 2025: Zero-Trust File-Sha …
What combination of drivers is leading to accelerated growth in the secure file transfer market?
The escalating need for cloud-supported technologies is anticipated to boost the advancement of the secure file transfer market in the future. Secure file transfer solutions based on the cloud can facilitate the safe transmission of information by incorporating access control, encryption, and other security options. Furthermore, these systems may encompass secure file sharing and collaboration functions,…
File Integrity Monitoring Market: "File Integrity Monitoring Market to Reach $2. …
File Integrity Monitoring Market Scope:
Key Insights : File Integrity Monitoring Market size was valued at USD 962.10 Million in 2022 and is poised to grow from USD 1102.57 Million in 2023 to USD 2862.18 Million by 2031, growing at a CAGR of 14.6% in the forecast period (2024-2031).
Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/file-integrity-monitoring-market
In-Depth Exploration of the global File Integrity Monitoring Market: This report…
Axantum launches file encryption software Xecrets File in public beta
Facilitating secure file encryption on the desktop and for advanced development, Swedish app developer launches their file encryption technology stack, Xecrets File Ez & Command Line.
Today we are more than ever exposed to risks of identify theft, financial fraud, invasion of privacy, and security breaches. In this environment encryption in various forms is a crucial defense mechanism, from secure connections on the Internet to file encryption.
File encryption is a vital…
File transfer & file sharing service with a strong end-to-end encryption.
Strong end-to-end encryption for online data transfers up to 100 GB per single transfer (and even more). MyAirBridge.com can provide exceptional data security. Users love it for its versatility and simplicity, and the improved security measures bring the app to the top.
London 16th of March 2021 – MyAirBridge, founded in 2013, is a file transfer service, file sharing service and a cloud storage with headquarters in London and Prague.…
Do you need to file ESR and How to file ESR in UAE?
What is ESR Notification?
Due to this major transformation in the business landscape of the UAE to introduce global level compliance, mainland, free zone and the offshore companies in the UAE have to provide economic substance in listed relevant activities conducted in the UAE. For the first part of ESR compliance, Economic substance notification needs to be filed to the respective regulatory body in the UAE, within the stipulated period i.e.…
Managed File Transfer Market Companies Increasingly Embrace this File Transfer M …
This research study on the global MFT market provides a detailed analysis of the various types of MFT solutions available in the market. The report also offers an in-depth analysis of the drivers, restraints, and growth opportunities affecting the market.
These factors enable the analysis of various trends that will impact the market during the forecast period from 2016 to 2024. The report includes a comprehensive coverage of the underlying…
