Managed file transfer is a fast, secure, reliable, and transparent way of exchanging heavy or a large number of files inside or between the organizations.
To understand and assess the opportunities in this market, the report is categorically split into four sections, namely market analysis by software, service, vertical, and region. This report covers the global Managed File Transfer (MFT) software and service market performance in terms of value contribution. The report includes key trends, drivers, restraints, and opportunities influencing the growth of the global MFT software and service market currently. Impact analysis of the key growth drivers and restraints, based on the weighted average model, is included in this report to better equip clients with crystal clear decision-making insights.
In the vertical segment, demand for MFT in the banking, financial service & insurance sub-segment is significantly high as compared to other sub-segments. This sub-segment is estimated to account for 21.50% value share of the overall vertical segment by the end of 2025. As per PMR estimates, this segment is projected to expand at a decent CAGR during the forecast period.
The report also analyzes the market across various geographies and arrives at the market size in terms of value and volume for the forecast period (2015-2021).
Of the aforementioned segments, in terms of value, the Latin America market is expected to register the highest CAGR during the forecast period, and in terms of value, North America is expected to account for the largest share of the total MFT software and service market by 2025.
This report on the global MFT software and service market profiles some of the key players, including The Axway Inc., IBM Corporation, Oracle Corporation, Software AG, CA Technologies Inc., GlobalSCAPE Inc., Wipro Limited, SWIFT, Micro Focus (Attachmate), and Signiant Inc.
On the basis of service, the market is sub-segmented as follows:
- Implementation & Integration service
- Consulting Service
- Maintenance service
Of the above-mentioned sub-segments, in terms of value, the implementation & integration sub-segment is expected to register the highest CAGR during the forecast period. Leading market participants are investing heavily in R&D activities in order to innovate new MFT solutions that would be able to cater to the demand for distinct products across various regions.
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