Managed File Transfer Market Report 2025

The managed file transfer market size has grown strongly in recent years. It will grow from $1.6 billion in 2024 to $1.74 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to data security concerns, regulatory compliance, business process automation, globalization and remote workforce, data volume growth.

The managed file transfer market size is expected to see rapid growth in the next few years. It will grow to $2.68 billion in 2029 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to vendor competition and innovation, business continuity planning, focus on automation and efficiency, API integration and interoperability, cloud migration trends. Major trends in the forecast period include interoperability and integration frameworks, integration with workflow automation, enhanced security measures, cloud-based solutions adoption, managed services and outsourcing.

The rise in cyberattacks is propelling the growth of the managed file transfer (MFT) market. Cyberattacks involve unauthorized access to computer systems with the intent to steal, expose, alter, disable, or destroy information. Implementing managed file transfer services can enhance data security for companies, thereby boosting demand. For example, in April 2023, the Government of the United Kingdom reported that UK businesses faced approximately 2.39 million cases of cybercrime and around 49,000 incidents of fraud related to cybercrime over the past year. Consequently, the increase in cyberattacks is driving the expansion of the managed file transfer market.

The increasing adoption of cloud-based services is expected to drive the growth of the managed file transfer market in the future. Cloud-based services involve the delivery of computing resources such as storage, processing, databases, networking, software, and analytics over the internet (the cloud) on a pay-as-you-go or subscription basis. Managed file transfer solutions are widely used in cloud computing environments to securely and efficiently transfer files between on-premises systems and various cloud platforms. For example, according to Eurostat, a European intergovernmental organization, 42.5% of EU enterprises used cloud computing in 2023, primarily for hosting their e-mail systems and storing files electronically, marking a 4.2% increase from 2021. Therefore, the growing adoption of cloud-based services is a key driver behind the expansion of the managed file transfer market.

The managed file transfer market is witnessing a surge in technological advancement as a key trend. Major players in the market are developing advanced systems such as the Diplomat MFT v9.1, offering additional benefits to their users. For example, in June 2022, Coviant Software, a US-based provider of managed file transfer solutions, launched Diplomat MFT v9.1, an update to its platform with various added advantages such as data replication, file synchronization, and support for simultaneous file transfers to multiple destinations. This solution is particularly beneficial for customers requiring file replication, including site content, for easy distribution to authorized web farms and across data centers.

Key players in the managed file transfer market are concentrating on developing advanced software versions that integrate technologies such as user interface (UI) technology to remain at the forefront of innovation and meet evolving user demands. In the context of managed file transfer software, UI technology encompasses visual elements, design, and interactive components that users engage with while using the file transfer system. For example, in July 2023, Axway Software, a France-based IT company, launched updates to Axway Managed File Transfer (MFT), introducing new features and enhancements. This latest version emphasizes performance, cloud compatibility, user experience, and modernization, ensuring enhanced MFT operations for the future. Notable improvements include enhanced trust and support, the elimination of limitations, and the completion of disaster recovery offerings in Axway Managed Cloud across all cloud providers. The user experience is further enhanced with updated documentation for SFTP usage, container installation, and cloud-to-ground flows. The adoption of modern UI technology involves phasing out outdated and insecure libraries, providing customers with a more intuitive UI. This technological shift enables faster responses to customer feedback, facilitates continuous enhancements in user experience, and streamlines operational processes.

In March 2022, Files.com, a US-based company specializing in managed file transfer automation and platforms, acquired ExaVault for an undisclosed sum. This acquisition positions Files.com to enhance its offerings with improved enterprise-grade file transfer services, encompassing system-to-system, system-to-human, and human-to-system high-volume file automation, and business-critical transfers. ExaVault, based in the US, is a provider of cloud-based file transfer services.

Major companies operating in the managed file transfer market include International Business Machines Corporation, Oracle Corporation, Wipro Limited, OpenText Corporation, Micro Focus International plc, Software AG, TIBCO Software Inc., Progress Software Corporation, HelpSystems LLC, Axway Software, Accellion Inc., Globalscape, Kiteworks, Cleo Communications, Signiant Inc., DataMotion Inc., Thru Inc., Jscape LLC, Coviant Software, Biscom Inc., SFTPPlus, Copperfasten Technologies, SmartFile, FileCatalyst.

North America was the largest region in the managed file transfer market share in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed file transfer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the managed file transfer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Managed file transfer involves securely and efficiently transferring sensitive, compliance-protected, or high-volume files and data between individuals, partners, and organizations. This process utilizes encryption and compression techniques for file transfers.

In managed file transfer, the main service types are consulting and system integration, support, and maintenance. Consulting and system integration services help organizations streamline, secure, and optimize their file transfer management processes. These solutions include application-centric, people-centric, and ad-hoc deployments, available in cloud and on-premises models for businesses of different sizes across various industries such as IT, telecommunications, BFSI, retail, healthcare, and media.

The managed file transfer market research report is one of a series of new reports that provides managed file transfer market statistics, including managed file transfer industry global market size, regional shares, competitors with a managed file transfer market share, detailed managed file transfer market segments, market trends and opportunities, and any further data you may need to thrive in the managed file transfer industry. This managed file transfer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The managed file transfer market includes revenues earned by entities by providing services such as creating, configuring, managing, and monitoring file transfer connections along with detailed reporting and real-time alerts. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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