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Global Secure File Transfer Outlook and Forecast 2020-2025: Digitalization Of Business Environment, COVID-19 Spikes Demand For SFT Solutions & Adherence To Regulatory Compliance


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The secure file transfer market by revenue is expected to grow at a CAGR of approx. 10% during the period 2020-2025.
The global market has majorly been affected by the outbreak of the COVID-19 pandemic. The demand for secure file transfer solutions has increased with the increase in remote working. Organizations in sectors such as IT, healthcare, BFSI, education sectors have increased online-based business operations with employees working from home.
Hence, the increase in remote working has increased the adoption of secure file transfer solutions, which help to prevent data leakages and information breaches. The adoption rate was high among education institutions during Q1 and Q2 2020 owing to the COVID-19 pandemic, resulting in the closure of schools and colleges. Moreover, the incorporation of new technologies such as big data and IoT is expected to drive application of secure file tra ....

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Secure File Transfer Market Size to Reach Revenues of around USD 3 Billion by 2025


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CHICAGO, Dec. 15, 2020 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global secure file transfer market report.
The global secure file transfer market is expected to grow at a CAGR of approximately 10% during the period 2019-2025.
Key Highlights Offered in the Report:
1. In 2020, COVID-19 has been a major catalyst for around 32% growth in secure file transfer solutions.
2. Over USD 1 billion will be the cumulative revenue opportunity for secure file transfer service providers during 2020-2025.
3. SME adoption of secure file transfer grew by about 50% in 2020, whereas large enterprise growth was around 20%, mainly driven by the COVID-19 pandemic. ....

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