Global Managed File Transfer (MFT) Software and Service Market, 2015 to 2025
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Managed File Transfer (MFT) Software and Service Market is Expected to be Valued at US$ 2,071.94 Mn by 2025 : 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.
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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
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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: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated 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, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The 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 USA - Canada Toll Free: 800-961-0353 Email: sales@persistencemarketresearch.com Web: http://www.persistencemarketresearch.com
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