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Secure File Transfer Market Share, Opportunities Analysis, Recent Trends, Regional Growth And Outlook By 2033

Secure File Transfer Market

Secure File Transfer Market

The new report published by The Business Research Company, titled Secure File Transfer Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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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.

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.

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

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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

Contents of the report:
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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