Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Summary
The global Secure File Transfer Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Overview
A secure file transfer over the internet is a means of transferring information over a computer or other media where decryption and encryption are utilized to ensure the integrity and confidentiality of the transmitted data. An example of such a service would be Google drive and Microsoft oneDrive which are two such services that are available. Files may be transferred in various ways such as Online such as Google Drive and Microsoft oneDrive. Another way to transfer files would be with a USB drive. Then global secure file transfer market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Market Drivers
Increasing number of data breaches is expected to drive growth of the global secure file transfer market during the forecast period. According to the Verizon Data Breach Investigations Report (DBIR) 2019, around 70% of breaches were associated with the state-affiliated sector, while 58% of data breach victims affected small businesses. Rising data breaches and cyber-attacks have led to rise in demand for secure file transfer solutions where encryption and decryption are used for transferring information. Hence, such factors are expected to drive growth of the global secure file transfer market during the forecast period. Furthermore, the cost-effectiveness of managed file transfer is expected to propel the global secure file transfer market growth over the forecast period.
Market Restraints
Challenges associated with scalability of secure file transfer are expected to hamper the global secure file transfer market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global secure file transfer market during the forecast period. This is owing to rising incidents of data breaches while the transfer of sensitive data in the regions. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to rapid growth of the IT sector in emerging economies such as China, Japan, and India.
Competitive Section
Major companies operating in the global secure file transfer market are Accellion, IBM Corporation, Huddle, Seeburger, SolarWinds, Hightail, Microsoft, Intralinks, Vaultize, Safe-T, South River Technologies, Axway, and Dropbox.
For instance, in March 2019, IBM Corporation launched cutting-edge managed file transfer capabilities with Core managed file transfer.
The Secure File Transfer Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Secure File Transfer Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Accellion
- Axway
- Saison Information Systems (HULFT)
- IBM
- CTERA
- Helpsystems (GoAnyWhere)
- Hightail (YouSendIt)
- Huddle
- Seeburger
- SolarWinds
- South River Technologies
- THRU INC
- MayTech
- Microsoft
- VanDyke Software
- Vaultize
- XMedius Open Text
- PrimeuR
- Safe-T
- Intralinks
- JSCAPE
- Dropbox
- Egress Software Technologies
- EISOO
- Google
- Befine Solutions AG (CRYPTSHARE)
- Biscom
- BlackBerry
- Cleo
- Coviant Software
- IPSWITCH
- Attunity
- Citrix
- Egnyte
- Globalscape
By the Product Type, the market is primarily segmented into:
- On-premises Solutions
- Cloud-based Services
By Applications, the market is segmented into:
- BFSI
- Healthcare
- Legal
- Retail
- Entertainment
- Manufacturing
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Secure File Transfer Market Report:
- To assess the size of the market by value and volume
- Analyze the Secure File Transfer Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Secure File Transfer Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Secure File Transfer Market
The Secure File Transfer Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Secure File Transfer Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
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