About Managed File Transfer Software
Managed file transfer software is a tool used o provide the secure internal and external data transfers through the network, as it is developed using the FTP network protocol. It manages the safe and secures exchanged and delivery of data across the network, protecting the data and scale delivery of data and files. These managed file transfer software tools are used while managing the compliances concerning data privacy.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Managed File Transfer Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), Axway Software (France), Saison Information Systems Co., Ltd. (Japan), Hightail (United States), CA Technologies (United States), Accellion, Inc. (United States), GlobalSCAPE, Inc. (United States), Primeur (Switzerland), Signiant, Inc. (United States), Micro Focus (United Kingdom), TIBCO Software Inc. (United States) and Attunity (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Managed File Transfer Software market by Type (System-centric File Transfer, People-centric File Transfer and Extreme File Transfer), Application (Small and Medium Enterprises (SMEs) and Large Enterprises) and Region.
On the basis of geography, the market of Managed File Transfer Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Banking, Financial Service & Insurance (BFSI) will boost the Managed File Transfer Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Managed File Transfer Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of IoT in Managed File Transfer Software for Easy and Accurate Automation
Market Growth Drivers:
Growing Need for Advanced Security and Easy Data Delivery and Increasing Size of Data Files and Need for Accelerated Transport of Larger Size File
Challenges:
Problems with the Technical Aspects of Managed File Transfer Software
Restraints:
Number of Data Thefts and Data Sharing Cases and Strict Regulatory Compliance Standards Associated with Managed File Transfer Software Products
Opportunities:
Increasing Demand for Managed File Transfer Software from Small Size Enterprises and Surging Spenindg of Businesses on its Storage and File Sharing Infrastructure
Market Leaders and their expansionary development strategies
In May 2020, Progress, a provider of application development and digital experience technologies, is released Progress MOVEit 2020, a secure, automated Managed File Transfer (MFT) solution that can be deployed on-premises and in the cloud. The new release comes equipped with MOVEit Mobile 2.0, as well as enhanced cloud, integration and performance capabilities.
On 15th January 2020, GlobalSCAPE, Inc. a worldwide leader in the secure movement and integration of data, announced the launch of its Enhanced File Transfer (EFT) 2020 platform. EFT 2020 is the eighth generation of GlobalSCAPE's managed file transfer platform and the most robust version ever developed. The new platform. It simplifies the challenge of ever-evolving compliance requirements, eases the process of migrating data to the cloud, and many other benefits.
Key Target Audience
Managed File Transfer Software Developers, Research and Development Institutes, Regulatory Bodies, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.