Printer Friendly

Worldwide Managed File Transfer (MFT) Software and Service Market to Exceed US$ 2,071.94 Million by 2025.

New York, NY, August 10, 2016 --(PR.com)-- According to the latest market report published by Persistence Market Research, titled "Worldwide Managed File Transfer (MFT) Software and Service Market to Exceed US$ 2,071.94 Million by 2025" 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.

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.

Thinking about report: Please observe the beneath the hyperlinks to satisfy your necessities; View for the Report sample: http://www.persistencemarketresearch.com/samples/6358

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 sub-segment 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.

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.

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.

The global MFT software and service market is segmented as follows:

By Software:

System-centric file transfer

People-centric file transfer

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)

Contact Information:

Persistence Market Research

Rahul Singh

+1-646-568-7751

Contact via Email

www.persistencemarketresearch.com/

305 Broadway, 7th Floor

New York, NY 10007

United States

Read the full story here: http://www.pr.com/press-release/682856
COPYRIGHT 2016 PR.com
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

 
Article Details
Printer friendly Cite/link Email Feedback
Publication:PR.com (Press Releases)
Date:Aug 10, 2016
Words:647
Previous Article:Dr Somdutt Prasad Invited as a Panelist at the 9th OSWB Academic Meeting.
Next Article:Worldwide In-Flight Wi-Fi Market to Exceed US$ 5,456.7 Million by 2021.
Topics:

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters