Global MFTPaaS Market Size study, by Service Type (System-Centric File Transfer, People-Centric File Transfer, Extreme File Transfer) By End Use Industries (Government, BFSI, Retail, Manufacturing, Energy & Utility, IT & Telecommunication, Others) and Regional Forecasts 2022-2028Global MFTPaaS Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. MFTPaaS is the term used to describe an MFT cloud service, also referred to as cloud Managed File Transfer (MFT). MFTPaaS allows data to be transferred in a controlled, secure manner, both inside and outside of an organization. It ensures data security, compliance, and business efficiency, with the added benefits of the cloud. Growing adoption of cloud computing services and rising technological advancements in B2B segment are key drivers for the growth of MFTPaaS Market. For instance, according to global database management company Statista- as of 2020, the worldwide public cloud computing Market is estimated at USD 314 billion and as per projections the Market is expected to reach an estimated USD 482 billion in 2022. Also, in October 2021, Coviant Software, Texas based provider of secure file transfer and OpenPGP software has released its Diplomat MFT SFTP Server, engineered to support automated, secure file transfers for sensitive and regulated data. Also, with globally rising risk of cyber-attacks and increasing adoption of advanced technologies like IOT, big Data etc. In post covid era, the adoption & demand for MFTPaaS is likely to increase the Market growth during the forecast period. However, high initial setup cost of MFTPaaS and slow penetration rate from small and medium size enterprises are some of the facts that impedes the growth of the Market over the forecast period of 2022-2028.
The key regions considered for the global MFTPaaS Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of Market share owing to growing adoption of new advanced technologies such as IoT, 3D printing, and big data technologies in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing penetration of global Market players and rising technological advancements in the region would create lucrative growth prospects for the MFTPaaS Market across Asia-Pacific region.
Major Market player included in this report are:
IBM Corporation
CA Technologies
Oracle Corporation
Axway Software
Citrix ShareFile
Accellion
Software AG
Wipro Ltd.
Coviant Software
Saison Information System
The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:
By Service Type:
System-Centric File Transfer
People-Centric File Transfer
Extreme File Transfer
By End Use Industries:
Government
BFSI
Retail
Manufacturing
Energy & Utility
IT & Telecommunication
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global MFTPaaS Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
IBM Corporation
CA Technologies
Oracle Corporation
Axway Software
Citrix ShareFile
Accellion
Software AG
Wipro Ltd.
Coviant Software
Saison Information System