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Managed File Transfer Market: MFT Solutions Gain Momentum as Maintenance of Compliance & Security of Sensitive Data Get Prioritized

Feb 19th 2019 at 12:00 AM

File transfer is indispensable to the proper flow of corporate communication and business processes. Though cloud-based file sharing technology offers ad-hoc transfers, it can pose risk of non-compliance, while file transfer protocol (FTP) does not allow multiple layers of security to adhere to the governmental regulations. As compared to traditional file transfer protocol or other cloud based file transfer tools, an MFT system has been popular given it empowers the transfers of files with the help of secure protocol that encrypts both in transit and at rest.

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Organizations look to migrate from insecure, legacy file transfer protocol systems and email to MFT solutions. Managed file transfer solutions have gained traction given it integrate better with existing corporate workflows and content transfer process along with maintaining compliance. These actionable insights are in accordance with the report titled, “Managed File Transfer Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026,” which has been recently embraced in the exhaustive repository of Market Research Reports Search Engine (MRRSE).

With the view to bolster security of sensitive data, risk and compliance groups have mandated robust and tighter security controls—healthcare industry in the U.S. must comply with Health Insurance Portability and Accountability Act (HIPAA) and payment industry must adhere to Payment Card Industry Data Security Standard (PCI-DSS), while organizations within the European member states must comply with GDPR.

The report limns a comprehensive analysis on managed file transfer market for the assessment period 2018-2026 through qualitative and quantitative analysis. The report further states the dynamics including drivers, trends, opportunities and restraints that have significant impact in the growth of the market. Furthermore, the report offers an apt segregation to provide a holistic view of the managed file transfer market. The report is segregated on the basis of deployment, solution, model, enterprise, industry vertical and region.

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The report begins with preface followed by executive summary and market overview section. The market overview section elucidates regulatory landscape, repackaging systems with demand and supply scenario, value chain analysis and Porters’ Five Force Analysis. The value chain analysis focuses on supply chain and profit margin analysis while Porters’ five Force analysis focuses on the competitive landscape of the market.

The last section provides coherent analysis on the competitive scenario of the managed file transfer market, including dashboard view, company share analysis, competition position index, competition development—mergers, acquisitions and expansion— and competition deep dive. The last section embodies company overview, strategies, product portfolio, and recent developments. Competitors of the market included in the report are Oracle Corporation, IBM Corporation, Cleo Communications and South River Technologies, among others.

Coherent primary and secondary sources substantiate the report on managed file transfer market. Primary sources have provided first-hand information on factors such as market size, competitive landscape, growth trends, and market size. These aspects have been instrumental in bolstering and validating secondary research findings. The data collated are discerned and analyzed succinctly by panel of expert.

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