Authored By: Sarah
19 Aug 2024

File Integrity Monitoring Market Size to grow by USD 325 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on File Integrity Monitoring Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights:

  • Market Research Overview: The File Integrity Monitoring (FIM) market falls under the broader IT software sector, specifically within the systems software category. This market caters to businesses involved in the creation and distribution of various software solutions, encompassing application development and management software, cloud computing software, data center and hosting software, IT management software, mobility software, networking software, security software, and storage software. Excluding home entertainment software development and production companies, the global systems software market's size is determined by calculating the consolidated revenue generated from the sales of all types of systems software, including cloud-based solutions. - The File Integrity Monitoring Market is experiencing significant growth, fueled by the Increase in data thefts globally. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

  • Major Findings:
    • Increase in data thefts globally
    • Regulatory requirements encouraging use of security solutions
    • High cost of maintenance
    • Security risks associated with cloud offerings
  • Growth Projections

The market size is estimated to grow by USD 325 million, at a CAGR of 14.76% during the forecast period. In today's business landscape, the adoption of cloud-based services is on the rise, particularly in sectors handling large volumes of confidential data such as banking and healthcare. Cloud-based antivirus software solutions are increasingly being utilized for authentication, video management systems, and biometric information storage to ensure data security in the cloud. Small and medium-sized enterprises (SMEs) are particularly drawn to these services due to their cost-effectiveness and lack of requirement for infrastructure support. The flexibility and scalability of cloud-based security solutions cater to the varying needs of consumers, making them an attractive choice for organizations. With the growing trend of remote work, businesses have turned to cloud-based services for functions like customer relationship management (CRM), payroll, and enterprise communication, enabling seamless access to critical data from anywhere.

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  • Regional Insights

File Integrity Monitoring (FIM) is an essential business solution for safeguarding critical data and systems against unauthorized modifications, ensuring data consistency and maintaining regulatory compliance. FIM solutions continuously monitor and alert on any changes to critical files, providing real-time visibility and control. By implementing FIM, organizations can strengthen their security posture, minimize risk, and maintain business continuity.

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Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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