Managed File Transfer (MFT) Statistics 2023 – Everything You Need to Know

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Are you looking to add Managed File Transfer (MFT) to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Managed File Transfer (MFT) statistics of 2023.

My team and I scanned the entire web and collected all the most useful Managed File Transfer (MFT) stats on this page. You don’t need to check any other resource on the web for any Managed File Transfer (MFT) statistics. All are here only ๐Ÿ™‚

How much of an impact will Managed File Transfer (MFT) have on your day-to-day? or the day-to-day of your business? Should you invest in Managed File Transfer (MFT)? We will answer all your Managed File Transfer (MFT) related questions here.

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Best Managed File Transfer (MFT) Statistics

โ˜ฐ Use “CTRL+F” to quickly find statistics. There are total 29 Managed File Transfer (MFT) Statistics on this page ๐Ÿ™‚

Managed File Transfer (MFT) Market Statistics

  • The global MFT market was estimated at US$1.3 billion in 2020 and is projected to reach US$2.4 billion by 2027.[5]. [0]

Managed File Transfer (MFT) Latest Statistics

  • Major Objectives Covered in The Report Investigation and analysis of the Managed File Transfer Software and Service Market according to key regions / countries, product type and application, historical data and forecast to 2027. [1]
  • โ€˜Buyers of a median price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’. [1]
  • The 30 year mortgage rate dips slightly to 5.1%. [1]
  • According to a study by VansonBourne, sponsored by IBM, 51% of systemto system integration is achieved through file transfers. [2]
  • Decrease the time it takes to create and deploy file transfers by up to 90 percent. [3]
  • Organizational PCI DSS compliance has unfortunately been on a downward trend since 2016, according to Verizon’s latest Payment Security Report , down 8.8 percentage points over the previous year. [4]
  • The Verizon report found that only 27.9 percent of organizations achieved full compliance with PCI DSS during their interim validation in 2019. [4]
  • As expected, within the retail industry, 99 percent of incidents were financially motivated, with payment data remaining the mostsought after and lucrative commodity by threat actors. [4]
  • Even with all of this risk, security spending comprises an average of just 7 percent of organizations total IT budget. [4]
  • As 91 percent of attacks did not generate an alert. [4]
  • With only 9 percent of attacks receiving alerts, most security teams do not have the visibility they need into serious threats. [4]
  • In addition, 53 percent of attacks successfully infiltrated environments without detection. [4]
  • Just 33 percent of attacks were prevented by the security tools in place. [4]
  • According to the Verizon report, the least compliant key industries identified were retail financial 8. [4]
  • The numbers show a clear trend, with a 27.5 percentage point drop in compliance since 2016, illustrating organizations are still not taking all the necessary steps to ensure customer payment data is secure. [4]
  • However, only a little more than half successfully test their security systems and processes. [4]
  • And, about two thirds are doing what it takes to track and monitor their system access. [4]
  • In a 2020 Study from SecurityMetrics , only 43 percent of PCI DSS requirements were met at the time of a data breach. [4]
  • In fact, none of the organizations were 100 percent compliant at the time of a breach. [4]
  • According to SecurityMetrics, in 2020, approximately 65 percent of paymentcardrelated investigations were of e commerce breaches compared to 2017. [4]
  • Just three years ago, only 33 percent of investigations were e. [4]
  • Remote access and injection played a role in 66 percent of breaches. [4]
  • Where the industry average error rate for file transfers is 6%, the average for TIBCO Managed File Transfer is near 0. [5]
  • 28 % Market Overview Managed File Transfer Market is expected to register a healthy CAGR of over 28% during the forecast period. [6]
  • According to a Cisco study, US workers save an average of 81 minutes/ week by using their own devices. [6]
  • Almost half of all North American enterprises/workplaces had adopted MFT service in 2018, according to Avaya, a prominent technology company in the US. [6]
  • The Managed File Transfer Market is growing at a CAGR of 28% over the next 5 years. [6]
  • Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2023, region from 2016 to 2023, and global price from 2016 to 2027. [7]

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Reference


  1. wikipedia – https://en.wikipedia.org/wiki/Managed_file_transfer.
  2. marketwatch – https://www.marketwatch.com/press-release/managed-file-transfer-mft-software-and-service-market-statistics-trends-size-by-2025-2023-03-28.
  3. ibm – https://www.ibm.com/topics/managed-file-transfer.
  4. axway – https://www.axway.com/en/products/managed-file-transfer.
  5. goanywhere – https://www.goanywhere.com/blog/pci-statistics-that-may-shock-you.
  6. tibco – https://www.tibco.com/es/products/tibco-managed-file-transfer.
  7. mordorintelligence – https://www.mordorintelligence.com/industry-reports/managed-file-transfer-market.
  8. digitaljournal – https://www.digitaljournal.com/pr/managed-file-transfer-mft-service-market-growth-analysis-2023-industry-size-global-share-top-manufacturers-ibm-axway-saison-information-systems-opentexthightail-business-revenues-impact.

In Conclusion

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