Secure File Transfer Global Market Report 2024 - By Demand, Growth, Trends, Report, Outlook By 2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Secure File Transfer Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $3.26 billion In 2028 At A CAGR Of 9.3% :
The secure file transfer market size has grown strongly in recent years. It will grow from $2.08 billion in 2023 to $2.28 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to data security concerns, demand for automation, globalization and data exchange, data breach incidents, integration of cloud services.

The secure file transfer market size is expected to see strong growth in the next few years. It will grow to $3.26 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to increasing cybersecurity threats, increased use of iot devices, cloud integration and hybrid solutions, growing volume of data transfers, focus on user authentication and access control. Major trends in the forecast period include blockchain integration in security, ai-powered threat detection, end-to-end encryption solutions, mobile-friendly secure transfer, zero-trust security frameworks.

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Secure File Transfer Market Major Segments
The secure file transfer market covered in this report is segmented -
1) By Type: Business To Business, Accelerated Transfer, Ad hoc, Other Types
2) By Deployment Model Type: On-Premises, Cloud-Based, Hybrid
3) By Enterprise: Small And Medium, Large
4) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), Healthcare, Manufacturing, Logistics, Retail, Media And Entertainment, IT And Telecommunication, Government, Other Industry Verticals

Key Driver - Secure File Transfer Market Growth Amidst Escalating Demand For Cloud-Based Technologies
The growing demand for cloud-based technologies is expected to propel the growth of the secure file transfer market going forward. Cloud-based file transfer solutions can aid secure information transfer by offering encryption, access control, and other security features. These systems may also include secure file sharing and collaboration features, allowing users to exchange files with others while controlling who has access to them. For instance, in December 2021, according to a survey report published by O'reilly Media Inc., a US-based publishing platform, Approximately 90% of those surveyed said their companies use cloud computing. Comparing it to 88% last year, there is a slight uptick.At least 75% of the respondents are employed by cloud-using companies across all industries. The sectors of software, retail & e-commerce, and finance & banking are the most proactive.A public cloud is used by two thirds of respondents (67%) followed by a private cloud (45%) and traditionally managed on-premises infrastructure (55%). Therefore, the growing demand for cloud-based technologies is driving the growth of the secure file transfer market.

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Prominent Trend - Zero-Trust File-Sharing Technology In The Secure File Transfer Market
Technological innovations are the key trends gaining popularity in the secure file transfer market. Companies operating in the secure file transfer market are adopting new technologies to sustain their position in the market. For instance, in January 2023, FileCloud, a US-based company that specializes in file sharing, synchronization, and backup solutions, launched zero-trust file-sharing technology. This technology is developed to safeguard data within the environment, Zip file structures and password protection are used to achieve Zero Trust. The user will be able to specify a Zero Trust password and create a sharing link to a file or folder. The data cannot be accessed without this password, regardless of whether a direct link is supplied or a breach happens.

Secure File Transfer Market Players
Major companies operating in the secure file transfer market report are Accellion Inc., Axway India Private Limited, Box Inc., Citrix Systems Inc., Egnyte Inc., Google LLC, GlobalSCAPE Inc., International Business Machines Corporation (IBM), Microsoft Corporation, Progress Software Corporation, Attunity Ltd., Coviant Software LLC, Saison Information Systems Co Ltd., BlackBerry Limited, Biscom Inc., Ipswitch Inc., CTERA Networks Ltd., HelpSystems LLC, Hightail Inc., Huddle, Seeburger AG, SolarWinds Worldwide LLC, South River Technologies Inc., Cleo Communications Inc., Cornerstone Technology S.A., DataMotion Inc., FileCatalyst, FileZilla, Flux Corporation, JSCAPE, Leapfile Inc., Linoma Software

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Largest And Fastest Growing Region In The Market
North America was the largest region in the secure file transfer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global secure file transfer market report during the forecast period. The regions covered in the secure file transfer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Secure File Transfer Market Report Structure
3. Secure File Transfer Market Trends And Strategies
4. Secure File Transfer Market - Macro Economic Scenario
5. Secure File Transfer Market Size And Growth
…..
27. Secure File Transfer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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