Managed File Transfer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Managed File Transfer Market is expected to register a healthy CAGR of about 28.3% during the forecast period 2022 to 2027. Managed file transfer is been widely considered a faster and more transparent means of transferring heavy data across an organization or between two or more different organizations. Factors such as increased cyberattacks and increased demand for improved compliance are encouraging enterprises to adopt managed file transfer solutions to transfer and share various types of data securely.
Key HighlightsThe managed file transfer market is moderately competitive and consists of several major players. Some of the players currently dominate the market in terms of market presence. However, with the advancement in cloud-based services, new players are increasing their market presence, thereby expanding their business footprint across the emerging economies. Some of the major players operating in the market include IBM Corp., Oracle Corp., OpenText Corporation, and TIBCO Software Inc., among others.
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