Managed File Transfer Service Market
Global Market Study on Managed File Transfer (MFT) Software & Services: North America to Remain Most Attractive Regional Market Through 2026
- Report code : PMRREP6358 |
- Industry : IT and Telecommunication |
- Published On : Jun-2018 |
- Pages : 246 Pages |
- Format :
Report Synopsis
Persistence Market Research offers an 8-year forecast for the managed file transfer software and services market between 2018 and 2026. In terms of value, the managed file transfer market is expected to register a CAGR of 9.3% during forecast period. This study demonstrates the market dynamics and trends, globally, across regions such as North America, Latin America, Western Europe, Eastern Europe, APEJ, Middle East & Africa, and Japan which influence the current nature and future status of the managed file transfer software and services market over the forecast period.
Report Description
This research report provides a detailed analysis of the managed file transfer software and services market, and offers insights on various factors. This managed file transfer market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The managed file transfer report segregates the market based on type and vertical across different regions, globally.
Key managed file transfer players are introducing technologically advanced managed file transfer software and services for improvising the security, transparency, and control over end-to-end file transfer processes for enterprises. Regions such as APEJ are witnessing rapid industrialization and digitalization, fuelling the adoption of managed file transfer software and services. Developing countries such as China and India are witnessing rapid increase in industrialization due to increasing government initiatives. These changes are creating huge demand for managed file transfer software deployment in numerous industry sectors such as manufacturing, telecommunication, BFSI, and others. Also, with the increasing demand for managed file software, the demand for services such as implementation, consulting, and others is also increasing.
The report starts with an overview of the global managed file transfer software and services market in terms of value. In addition, this section includes the analysis of key trends, drivers, and restraints which are influencing the managed file transfer software and services market. The impact analysis of key growth drivers and restraints are included in this report to facilitate clients with crystal-clear decision-making insights.
The global managed file transfer software and services market is categorized on the basis of type, vertical, and region. On the basis of type, the global managed file transfer market is segmented into software and services. Revenue contribution from the software segment is expected to expand at a CAGR of 9.3% during the forecast period, due to the increasing deployment of managed file transfer software in different industry verticals such as retail, manufacturing, BFSI, and many others. The software segment is further divided into three types - system-centric file transfer, people-centric file transfer, and extreme file transfer. Also, the services segment is further categorized into implementation & integration, consulting, and maintenance. The managed file transfer services segment growth is driven by increasing installation in enterprise networks for managed file transfer in enterprise operations.
The next section highlights a detailed analysis of managed file transfer software and services across various countries in the region. It provides a market outlook for 2018–2026, and sets the forecast within the context of managed file transfer software and services, including latest technological developments as well as service offerings in the market. This managed file transfer study discusses key trends within countries contributing to growth of the market, as well as analyses degrees at which the drivers are influencing this market in each region. Key regions and countries assessed in this managed file transfer report include North America (U.S., Canada), Latin America (Brazil, Mexico, and the Rest of Latin America), Western Europe (Germany, UK, France, Italy, Spain, Nordic, BENELUX, and the Rest of Europe), Eastern Europe (Russia, Poland, and the Rest of Eastern Europe), APEJ (India, China, ASEAN, Australia and New Zealand, and the Rest of APEJ), Japan, and MEA (South Africa, North Africa, GCC Countries, and the Rest of MEA).
The managed file transfer report evaluates the present scenario and growth prospects of the managed file transfer software and services market across various regions, globally, for the period 2018–2026. We have considered 2017 as the base year, and provided data for the trailing 12 months. The forecast presented in the managed file transfer report assesses the total revenue by value across the market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the managed file transfer software and services market will develop in the future. Given the characteristics of the managed file transfer market, we triangulated the outcome of different type and vertical analyses, based on technology trends.
In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the managed file transfer market, and to identify the right opportunities across the market.
In the final section of the managed file transfer market report, we include a competitive landscape to provide clients with a dashboard view, based on categories of providers in the value chain, presence in the managed file transfer software and services portfolio, and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the managed file transfer software and services value chain, and the potential players for the same. Managed file transfer report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of the capabilities and success in the marketplace. Detailed profiles of managed file transfer providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, and recent developments in the managed file transfer software and services space. Key competitors covered are Axway Inc., IBM Corporation, Oracle Corporation, Software AG, CA Technologies Inc., GlobalSCAPE, Inc., Wipro Limited, Swift, Micro Focus International plc, Signiant Inc., and others.
Key Segments Covered
- Type
- Software
- System-centric File Transfer
- People-centric File Transfer
- Extreme File Transfer
- Services
- Implementation & Integration
- Consulting
- Maintenance
- Software
- Vertical
- BFSI
- Media & Entertainment
- Retail
- Manufacturing
- Telecommunication
- Others
Key Regions Covered
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Western Europe
- Germany
- UK
- France
- Spain
- Italy
- Nordic
- BENELUX
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Japan
- APEJ
- China
- India
- ASEAN
- Australia & New Zealand
- Rest of APEJ
- Middle East & Africa
- South Africa
- GCC
- North Africa
- Rest of Middle East & Africa
Global Managed File Transfer Software and Services Market Revenue to Expand at a CAGR of 9.3% During the Forecast Period (2018–2026), Driven by Increasing Need for Safety and Security in File Transfer Process
Managed file transfer is a type of software that allows the transfer of files inside an organization or between multiple organizations. This method is a fast, secure, reliable, and a transparent way of exchanging files, with additional features such as tracking and monitoring. As a result, one can discover the loss of data from a specific point, and also receive an acknowledgement after successful completion of a file transfer process. With the advent of digitalization, companies are becoming heavily dependent on the successful transmission of digital files bearing critical information. Hence, this transmission should be secure, reliable, and quick to run the business process smoothly in real time. The demand for efficient and effective file transfer has been increasing in the past few years. A similar trend is expected to continue during the next five to six years.
There are three types of managed file transfer software, which include system-centric file transfer, people-centric file transfer, and extreme file transfer. The managed file transfer software and services market is divided into two segments on the basis of type and vertical. On the basis of type, the managed file transfer software and services market is segmented into software and services. Software are offered by vendors in three different types, namely system-centric file transfer, people-centric file transfer, and extreme file transfer software. Services include implementation & integration, consulting, and maintenance services.
Managed File Transfer Software & Services Market: Dynamics
The factors driving the global managed file transfer software and services market are mandatory government regulations, increasing demand from enterprises across different industry verticals, growing concern for safety and security, increasing globalization of industries, and others. The benefits offered by managed file transfer over traditional FTP, such as management of large data volumes and improved visibility over the file transfer process are major factors expected to drive the demand for MFT software and services over the forecast period.
Revenue generated by the global managed file transfer software and services market is estimated to exhibit a single digit CAGR, and hence, reach US$ 2.7 Bn by 2026. On the basis of type, the software segment is estimated to hold the largest share in 2026 of the managed file transfer market. However, the services segment in the managed file transfer market is expected to exhibit the highest CAGR. On the basis of vertical, the BFSI segment is estimated to hold approximately 26.7% of the market share in 2026.
The managed file transfer software and services market in APEJ is expected to witness the highest growth in the global managed file transfer market, owing to the increasing adoption of enterprises for improving the security, safety, and control over large volumes of data in different industry verticals.
Managed File Transfer Software & Services Market: Vendor Landscape
Some popular vendors contributing towards the managed file transfer software and services market are Axway Inc., IBM Corporation, Oracle Corporation, Software AG, CA Technologies Inc., GlobalSCAPE, Inc., Wipro Limited, Swift, Micro Focus International plc, and Signiant Inc.
Company Profile
- ?Axway Inc.
- IBM Corporation
- Oracle Corporation
- Software AG
- CA Technologies Inc.
- GlobalSCAPE, Inc.
- Wipro Limited
- Swift
- Micro Focus International plc
- Signiant Inc.
- Other.
