Managed File Transfer Software and Service Market
The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Managed File Transfer Software and Service Market. The growth sectors of the Managed File Transfer Software and Service Market are identified with precision for a better growth perspective.
Managed File Transfer (MFT) Software and Service can be defined as a type of software which is used to provide secure internal, external and ad-hoc data transfers through a network. The software and products are designed to help organizations meet the increasing demand for security, compliance and operational demands of moving information.
The software is used for business automation, along with reporting and non-repudiation. MFT solution helps to simplify management and ensure regulatory compliance while supporting all current security standards and methodology such as SSL encryption.
The key drivers contributing to the growth of managed file transfer software and service market are online banking, increasing rates of device thefts, data hacking, innovation and acceptance of cloud technology. Also, rapid digitization of the organizational processes across different sectors is boosting the overall growth of the market. However, cyber security attack is a factor which is hindering the overall growth of the market.
Managed File Transfer (MFT) Software and Service Market
For the purpose of this study, Market Research Future has segmented the market of managed file transfer software and service t into solution, service and deployment.
By Solution-
- Application centric
- People-centric
- Ad-hoc
By Service-
- Consulting,
- System Integration
- Support and Maintenance
By Deployment-
- On-premises
- Cloud-based
By Region-
- North-America
- Europe
- Asia-Pacific
- RoW
Out of these, cloud based managed file transfer solutions accounted for the largest market share majorly due to the gaining traction among small and medium businesses as they face the challenge of affordability of the infrastructure required for an on-premises implementation.
The key players of global managed file transfer software and service report include Axway (U.K.), IBM Corporation (U.S.) Attunity Ltd (Israel) , Ipswitch, Inc (U.S), GlobalSCAPE, Inc (U.S.), Accellion (U.S.), Coviant Software Corporation (U.S.), OpenText (Canada), Saison Information Systems co.,ltd.(Japan) , JSCAPE (U.S.), Safe-T (Israel) and others.
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