Managed File Transfer Service Market Research Report 2023, Demand, Opportunity, Share, Forecast to 2033

During the forecast period (2018-2026), the revenue for the global managed file transfer software and services market is expected to increase at a CAGR of 9.3%, driven by the growing demand for safety and security in the file transfer process.

According to estimates, the global Managed File Transfer Software and Service Market will earn US$ 2.7 Billion in revenue by 2026, growing at a single-digit CAGR. According to type, the managed file transfer market is anticipated to be dominated by software in 2026. However, the managed file transfer market's services segment is anticipated to have the greatest CAGR. According to vertical, the BFSI sector is anticipated to account for about 26.7% of the market in 2026.

Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/6358

Managed file transfer is a type of software that allows transfer of files inside the organization or between multiple organizations. This method is a fast, secure, reliable and transparent way of exchanging files with additional features such as tracking and monitoring. As a result, one can discover loss of data from a specific point and also receive acknowledgement after successful completion of the file transfer process. With the advent of digitalization, companies are becoming heavily dependent on 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. Demand for efficient and effective file transfer has been increasing in the past few years. A similar trend is anticipated to continue during the next five to six years.

Segmental Forecast

Global Managed File Transfer (MFT) Software & Service market is categorized on the basis of software, services, industry and region. On the basis of software, the market is segmented as System- Centric File Transfer, People- Centric File Transfer and Extreme-File Transfer. System- Centric File Transfer segment is anticipated to register a CAGR of 8.1% during the forecast period. The software segment is segmented into Implementation & Integration, Consulting and Maintenance. Consulting sub segment is anticipated to register a CAGR of 9.2% during the forecast period.

On the basis of industry, the market is segmented as BFSI, Media & Entertainment, Retail, Manufacturing, Telecommunication and Others. BFSI segment accounted for the highest market share of 37.0% in 2016. The Telecommunication segment accounted for a market share of 10.0% in 2016. The Telecommunication segment is expected to register a healthy CAGR of 9.5% during the forecast period.

This report covers the drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of the Managed File Transfer (MFT) Software & Service market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, North America accounted for the largest market share in 2016 owing to Superiority over FTP. The Asia Pacific regional market is expected to register a healthy CAGR of 8.0% during the forecast period.

For In-Depth Competitive Analysis, Buy Now @ https://www.persistencemarketresearch.com/checkout/6358

Key Players

Key competitors covered in the Managed File Transfer (MFT) Software & Service market report include

• Axway Inc.
• IBM Corporation
• Oracle Corporation
• Software AG
• CA Technologies Inc.
• GlobalSCAPE, Inc.
• Wipro Limited
• Swift
• Micro Focus International plc
• Signiant Inc.
• Other.

Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/6358

Trending Reports -

Mobile Payment Transaction Service Market - https://www.persistencemarketresearch.com/market-research/mobile-payment-transaction-service-market-102017.asp

Web Content Management Market - https://www.persistencemarketresearch.com/market-research/web-content-management-market.asp

Enterprise Information Management Solution Market - https://www.persistencemarketresearch.com/market-research/enterprise-information-management-solution-market.asp

Mental Health Software Market - https://www.persistencemarketresearch.com/market-research/mental-health-software-market-102017.asp

About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research 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.

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

This release was published on openPR.