Press release
Robust Growth in Managed File Transfer Market: Focus on Key Drivers, Market Size, and Emerging Trends
The managed file transfer market is expected to witness robust growth, driven by factors such as increased cyberattacks, globalization, business continuity planning, and migration to cloud-based solutions.What Is The Projected Market Size Of The Global Managed File Transfer Market And Its Growth Rate?
• The managed file transfer market size saw strong growth in recent years, growing from $1.6 billion in 2024 to $1.74 billion in 2025 at a CAGR of 8.5%.
• This growth can be attributed to factors such as data security concerns, regulatory compliance, business process automation, globalization, and remote workforce growth.
• As for the forecast period, the managed file transfer market size is expected to grow rapidly from $1.74 billion in 2025 to $2.68 billion in 2029 at a CAGR of 11.4%.
What Is Driving The Growth In The Managed File Transfer Market?
The surge in cyberattacks is significantly driving the growth of the managed file transfer market. Cyberattacks involve unauthorized access to computer systems, intending to steal or modify data, disable, or destroy information; this rise in cybercrime increases the demand for managed file transfer services. In April 2023, UK businesses experienced around 2.39 million cases of cybercrime and approximately 49,000 instances of fraud linked to cybercrime, according to the UK government.
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Who Are the Key Players Driving Managed File Transfer Market Growth?
• International Business Machines Corporation
• Oracle Corporation
• Wipro Limited
• OpenText Corporation
• Micro Focus International plc
• Software AG
• TIBCO Software Inc.
• Progress Software Corporation
• HelpSystems LLC
• Axway Software
What Are The Key Trends In The Managed File Transfer Market?
• Vendor competition and innovation
• Business continuity planning
• Focus on automation and efficiency
• API integration and interoperability
• Cloud migration trends
What Are The Segments Of The Global Managed File Transfer Market?
• By Service: Consulting and system integration, Support and maintenance
• By Solution: Application-centric, People-centric, Ad-hoc
• By Deployment type: Cloud, On-Premises
• By Organization size: Small and Medium Enterprises (SMEs), Large enterprises
• By End-user Industry: IT and Telecommunication, Banking, Financial Services and Insurance (BFSI), Retail, Healthcare, Media and Entertainment, Other End-user Industries
Which Region Leads The Managed File Transfer Market?
In 2024, North America was the largest region in the managed file transfer market. The report covers multiple regions including Asia-Pacific, which is expected to be the fastest-growing region in the forecast period, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Managed File Transfer Market Global Market Report?
- Market Size Analysis: Analyze the Managed File Transfer Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Managed File Transfer Market for effective categorisation.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Managed File Transfer Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyse challenges and risks affecting the Managed File Transfer Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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