The global managed file transfer market accounted for US$ 989.7 Mn in 2018 and burgeoning over the forthcoming years. Demand for the real-time visibility to the file transfer transactions, growing need of data security and governance and continuous improvements in the file transfer technology together with automation for better accuracy are some key factors fueling the market growth. Also, performance improvements & cost efficiency and growing demand for cloud-based technologies are other factors responsible for the market growth. However, factors such as lack of awareness amongst end users and preference for traditional file transfer substitutes are hampering the market growth.

Global managed file transfer market segmented on the basis of deployment type, solution, service, organization size and region.

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Cloud Dominate the Global Managed File Transfer Market

Based on deployment type, global managed file transfer market segmented into Cloud and On-Premises. Cloud held considerable market share during forecast period. Today, cloud adoption has become far more common and almost ever-present in its application in businesses. As cloud solution providers have matured, so have their security credentials, opening up the opportunity of running entire network infrastructures in cloud environments. Cloud based managed file transfer solutions open up much smaller companies to services and features which were simply unattainable previously. The benefit for cloud based managed file transfer solutions are that they will include committed and trained resources provided by the cloud provider themselves, for these very purposes.
North America Leads the Global Managed File Transfer market
PBI’s global Managed File Transfer market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. North America accounted for larger revenue share in global managed file transfer market with considerable CAGR due to increasing investments in the IT and telecom sector and high acceptance of BYOD as there is an enhanced electronic device penetration. USA is the major contributor for the growth of the market in the region owing to existence of organizations like IBM, Oracle, CA Technologies, etc. and the growing demand for managed file transfer solutions in the media and entertainment sectors. Further, Asia Pacific held substantial market share during estimated period.

Strategic New Product Launches are the key strategies adopted by market players

Global Managed File Transfer market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, in May 2019, ProgressNEXT launched Progress Sitefinity 12. With this release, Progress has brought Sitefinity to the cloud and provides new levels of productivity, efficiency and faster time-to-market.

Key player’s profiles in the report are Axway Inc., IBM Corporation, Oracle Corporation, Software AG, CA Technologies Inc., GlobalSCAPE Inc., Wipro Limited, GlobalSCAPE Inc., Ipswitch Inc., Signiant Inc. and Progress Software Corporation.

Precision Business Insights (PBI) in its report titled “Global Managed File Transfer Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

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Detailed Segmentation

By Deployment type
o Cloud
o On-Premises

By Solution
o Application-centric
o People-centric
o Ad-hoc

By Service
o Consulting and system integration
o Support and maintenance

By Organization size
o Small and Medium Enterprises (SMEs)
o Large enterprises

By Geography
o North America
• USA
• Canada
o Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

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