Secure File Transfer (SFT) Market Surges to $8.34 billion at a CAGR 8.0% by 2031 | Exclusive Report by MarketsandMarkets™
Summary
The secure file transfer market is projected to grow from $5.69 billion in 2026 to $8.34 billion by 2031, driven by cloud adoption, digital collaboration, and compliance-heavy workflows. Zero Trust architectures are becoming a major buying priority as enterprises look for stronger identity controls, encryption, monitoring, and audit logging. The US market is accelerating because of tighter regulations and high-profile file transfer breaches, which are pushing organizations away from legacy FTP systems. Vendors such as IBM, OPSWAT, Progress Software, Boomi, and Fortra are expanding managed and AI-driven offerings to capture this demand. The report highlights a strong opportunity for managed SFT and compliance services across regulated industries like healthcare, BFSI, and government.
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