Global Managed File Transfer (MFT) Software and Service Market, 2015 to 2025

Global Managed File Transfer (MFT) Software and Service Market, 2015 to
2025
Persistence Market Research
Managed File Transfer (MFT) Software and
Service Market is Expected to be Valued at
US$ 2,071.94 Mn by 2025 : Persistence
Market Research
Persistence Market Research
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Global Managed File Transfer (MFT) Software and Service Market, 2015 to
2025
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Managed File
Transfer (MFT) Software and Service: Driven by Advanced Features over FTP
(Traditional File Transfer Protocol)” the MFT software and service market is estimated to
be valued at US$ 1157.18 Mn by the end of 2015 and is anticipated to expand at a CAGR of
6.0% from 2015 to 2025, to account for US$ 2,071.94 Mn by 2025.
MFT is a fast, secure, reliable, and transparent way of exchanging heavy or a large number
of files inside or between the organizations. MFT solutions are adopted in those industries
where data privacy is a primary concern; for instance, in banking and financial institutions
where an exchange of a large amount of confidential data takes place. Thus, in order to
secure such data transfer and to avoid any data loss in the midst, organizations are
installing MFT solutions.
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Currently, the global MFT software and service market is driven by the rise in the number of
online banking customers over the decade in the developed regions such as North America
and Western Europe. As a result, the danger of cyber-attack is also increasing, due to which
adoption of MFT solution by banks and financial institutions is increasing. The advantages
and advanced features of MFT software over FTP are driving the rowth of the global MFT
market further.
The global MFT software and service market is sub-segmented on the basis of verticals into
Banking, Financial Service & Insurance (BFSI), media & entertainment, retail, manufacturing,
telecommunication, and others (government, energy & utility, and marketing & advertising).
In the vertical segment, demand for MFT in the banking, financial service & insurance subsegment is significantly high as compared to the other sub-segments. This sub-segment is
estimated to account for 21.50% value share of the 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.
Persistence Market Research
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Global Managed File Transfer (MFT) Software and Service Market, 2015 to
2025
On the basis of software, the global MFT software and service market is sub-segmented into
system-centric, people-centric, and extreme file transfer. The system-centric file transfer
sub-segment is estimated to account for 71.5% revenue share of the market by 2025 end.
On the basis of service, the global MFT software and service market is sub-segmented into
implementation & integration, consulting, and maintenance. The maintenance sub-segment
is estimated to account for the highest revenue share of the global market by 2025 end.
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The report provides in-depth information about various trends driving each segment and
provides analysis and insights about the potential of the MFT software and service market in
specific regions. On the basis of regions, the global MFT software and service market is
segmented into seven regions. By 2025 end, North America is estimated to dominate the
market, accounting for around 50% value share of the global market, followed by Western
Europe and APEJ.
Key players in the global MFT software and service market include The Axway Inc., IBM
Corporation, Oracle Corporation, Software AG, CA Technologies Inc., GlobalSCAPE Inc., Wipro
Limited, SWIFT, Micro Focus (Attachmate), and Signiant Inc.
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The global MFT software and service market is segmented as follows:
By Software:

System-centric file transfer

People-centric file transfer
Persistence Market Research
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Global Managed File Transfer (MFT) Software and Service Market, 2015 to
2025

Extreme file transfer
By Service:

Implementation & Integration service

Consulting Service

Maintenance service
By Vertical:

Banking, Financial Service & Insurance (BFSI)

Media & Entertainment

Retail

Manufacturing

Telecommunication

Others (Government, Energy & Utility, Marketing & Advertising)
By Region:

North America

Latin America

Western Europe

Eastern Europe

APAC

Japan

The Middle East and Africa (MEA)
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Global Managed File Transfer (MFT) Software and Service Market, 2015 to
2025
Market History:
The global Managed File Transfer (MFT) software and service market have been witnessing
significant growth over the years, due to the rise in the number of online banking customers
over the decade in the developed regions such as North America and Western Europe. As a
result, the danger of cyber-attack is also increasing, due to which adoption of MFT solution
by banks and financial institutions is increasing. The advantages and advanced features of
MFT over FTP are driving the growth of the global MFT market further.
In terms of value, the global MFT software and service market is anticipated to expand at a
CAGR of 6.0% during the forecast period (2015-2025) to reach US$ 2071.94 Mn by 2025.
The global MFT software and service market was valued at US$ 1092.06 Mn in 2014.
On the basis of software, the global MFT software and service market is sub-segmented into
system-centric, people-centric, and extreme file transfer. The system-centric file transfer
sub-segment is estimated to account for 71.5% revenue share of the market by 2025 end.
On the basis of service, the global MFT software and service market is sub-segmented into
implementation & integration, consulting, and maintenance. The maintenance sub-segment
is estimated to account for the highest revenue share of the market by 2025 end.
The global MFT software and service market is sub-segmented on the basis of verticals into
Banking, Financial Service & Insurance (BFSI), media & entertainment, retail, manufacturing,
telecommunication, and others (government, energy & utility, and marketing & advertising).
Currently, demand for MFT software and services in the banking, financial service &
insurance sub-segment is significantly high as compared to other sub-segments of the
vertical segment. This sub-segment is estimated to account for 21.50% value share of the
overall vertical segment by the end of 2025.
On the basis of regions, the global MFT software and service market is sub-segmented into
North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA),
Asia Pacific Excluding Japan (APEJ), and Japan. By 2025 end, North America is estimated to
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Global Managed File Transfer (MFT) Software and Service Market, 2015 to
2025
dominate the market, accounting for around 50% value share of the global market, followed
by Western Europe and APEJ.
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.
About Us:
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research, custom research, and consulting services. PMR boasts market research expertise across the
Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages,
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company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data
that precisely corresponds to clients’ business needs.
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Global Managed File Transfer (MFT) Software and Service Market, 2015 to
2025
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