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Global Managed File Transfer Software Market is projected to exhibit a CAGR of 6.77% between 2017 and 2025

Author: QYResearch | Publish date: 2018-06-03 | Views: 95
The Managed File Transfer Software industry was 1005 million USD in 2017 and is projected to reach USD 1590 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 6.77% between 2016 and 2022. The market is driven by various end-user industries, such as Banking, Financial Service & Insurance (BFSI) and Media & Entertainment.

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The industry is concentration, the key brand include IBM, Axway, Saison Information Systems, Hightail, CA Technologies, Accellion, GlobalSCAPE, Primeur, Signiant, Ipswitch, Micro Focus, TIBCO, Attunity, SSH and Other


USA has been the largest consumption market in the last decades. Now, USA has enjoyed about 45 market share and followed by Europe and APAC respectively with market share of 37 % and 17%.


The growing need for data security & governance and performance improvements & cost efficiency are the major factors driving the growth of the managed file transfer market. Furthermore, the market is expected to be driven by opportunities such as cloud-based managed file transfer solutions and the rising trend of application integration.


Cloud-based managed file transfer solutions offer various benefits of scalability and cut down the maintenance costs. Cloud-based managed file transfer solutions are gaining traction among small and medium businesses as they face the challenge of affordability of the infrastructure required for an on-premises implementation. Managed file transfer solutions have elaborate integration requirements and integrating application-centric managed file transfer solutions can be challenging, hence on-premise solutions are experiencing a gradual growth.


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https://www.qyresearch.com/index/detail/377673/global-managed-file-transfer-software-market

 

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