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Global Secure File Transfer Market 2018-2023: Market is Expected to Cross $1.6 Billion - Increased Adoption of Cloud-based Collaboration PlatformsDUBLIN, Jan. 30, 2018 /PRNewswire/ -- The "Secure File Transfer Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.  The global secure file transfer market is expected to cross $1,600 million by 2023, growing at an impressive CAGR of 5.21% during the forecast period 2017-2023. The complexity of enterprise operational environment and the growing need for additional security to adhere to regulatory compliance are encouraging companies to opt for secure file transfer services. The introduction of cloud computing and increasing number of cyber-attacks is driving the global secure file transfer market. Major enterprises are the largest end-users of secure file transfer solutions. The development and high growth potential of SMEs in emerging and developing countries is likely to boost the demand for secure file transfer solutions in the global market. Moreover, the incorporation of technologies such as Big Data and IoT will drive the secure file transfer solutions market among large enterprise customers during the forecast period. The growth in corporate governance and the increase in the number of regulatory compliance are expected to drive the adoption of secure file transfer solutions in the global market. The services offered by vendors include features that aid in management and monitoring of systems as per the policies established by corporate governance. Secure File Transfer Market - By End-user Type SMEs to adopt secure file transfer solutions with added security and integration features. SMEs and large enterprises are the two major end-users in the global secure transfer market. The growth of retail, entertainment, logistics, real estate and IT sectors is increasing the dominance of SMEs in these fields. The increasing volume of data is encouraging vendors to focus on developing innovative security solutions for companies in the SME market segment. The introduction of integrated communication and collaboration platforms is likely to drive the secure file transfers solutions in this market segment. Secure File Transfer Market - By Industry Sector Automation and structured portals in the BFSI sector will increase its operational productivity. The global secure file transfer market is divided into six industry sector, which includes BFSI, healthcare, legal, retail, media, and entertainment, engineering and manufacturing, and others. The rise in cyber-attacks and financial frauds with the rise in complexity in business processes is driving the need for secure file transfers in the BFSI sector. The incorporation of secure file transfer solutions in the BFSI sector will bring up to 50% in their operational cost and speed up the process overcoming connection problems such as bandwidth limitations. Secure File Transfer Market - By Geography Large enterprises in North America attribute around 70% of revenues in the region. The global secure file transfer market has three major geographical segments such as APAC, North America, and EMEA. North America occupied around 47% of the total market share in the global secure transfer file market in 2016. The US and Canada are the largest revenue generators in the secure file transfer market in North America. Factors such as security restrictions, increased operational expenditure, increase in business data processing needs, mobility enablement, and compliance requirement will drive the secure file transfers market in North America during the forecast period. The global secure file transfer market is highly competitive due to the presence of leading vendors such as Microsoft, Google, IBM, Citrix, and Blackberry. Various players are focusing on improving security, compliance, integration, and ease of use to gain a larger market share and a wide consumer base. Prominent vendors also provide a plug-in to integrate with at least one of the content management systems and e-mail systems such as Outlook, Gmail, and IBM Lotus Notes to increase the usability of these secure file solutions. Companies are aiming to improve and offer innovative security solutions that will protect end-users from cyber-attacks and data thefts. Key Topics Covered: 1 Research Methodology 2 Research objectives 3 Research process 4 Report Coverage 4.1 Market Definition 4.2 Base Year 4.3 Scope of Study 5 Report Assumptions & Caveats 6 Market at a Glance 7 Introduction 8 Market Dynamics 8.1 Market Growth Enablers 8.1.1 Digitalization of Enterprises Business Environment 8.1.2 Increased Need for SFT Solutions 8.1.3 Adherence to Regulatory Compliance 8.1.4 Corporate Governance 8.2 Market Growth Restraint 8.2.1 Lack of Awareness 8.2.2 Existence of Insecured and Traditional File Transfer Solutions 8.2.3 Availability of Alternative File Sharing Solutions 8.3 Market Opportunities & Trends 8.3.1 Increased Adoption of Cloud-based Collaboration Platforms 8.3.2 Growth in Data Volumes 8.3.3 End-to-end Monitoring and Automation of file sharing 8.3.4 Increases Awareness about Security Needs for Sensitive Documents 9 Global Secure File Transfer Market 10 Porter's Analysis 11 Secure File Transfer Market BY Deployment Model 11.1 On-premises Secure File Transfer 11.2 Cloud-based Secure File Transfer 11.3 Hybrid Secure File Transfer 12 Global Secure File Transfer Market By End-User Type 12.1 Small and Medium Enterprises (SMes) 12.2 Large Enterprise 13 Secure File Transfer Market By Industry Sector 13.1 Banking, Financial Services, and Insurance (BFSI) 13.2 HealthCare Sector 13.3 Legal Sector 13.4 Retail, Media, and Entertainment Sector 13.5 Engineering and Manufacturing Sector 13.6 Other Sectors 14 Global Secure File Transfer Market By Geography Key Company Profiles
Other Prominent Companies
For more information about this report visit https://www.researchandmarkets.com/research/87v3rf/global_secure?w=5 Media Contact: Research and Markets
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