Market Overview:
The global cloud MFT services market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based solutions and services by organizations across different industries. The public cloud segment is expected to hold the largest share of the global cloud MFT services market in 2018, followed by private and hybrid clouds. However, the hybrid cloud segment is projected to grow at a higher CAGR during the forecast period, owing to its ability to offer enhanced security and flexibility as compared with public and private clouds. The BFSI sector is expected to account for the largest share of the global cloud MFT services market in 2018, followed by government, retail, energy utility, manufacturing, telecommunication and others sectors respectively.
Product Definition:
Cloud MFT (Managed File Transfer) Services are a set of solutions that allow organizations to securely and efficiently manage the movement of files between their on-premises environment and the cloud. Cloud MFT services help to automate file transfers, ensure security, and improve visibility into transfer activity. They can also help reduce the time needed to complete transfers, optimize bandwidth usage, and provide enhanced reporting capabilities.
Public Cloud:
Public cloud is a group of remote computing services that provide shared pool of hardware and software infrastructure. It helps in reducing the cost, time and complexity involved in deploying applications on different servers for multiple users across various sectors such as education, healthcare & ITES among others. The major benefit associated with this technology is that it allows organizations to lease hardware resources such as storage space, processing power and network bandwidth from providers instead of buying them which helps reduce the capital expenditure significantly.
Private Cloud:
Private cloud is a type of cloud computing that offers shared infrastructure and resources between companies and their customers. It allows organizations to utilize the public cloud without having to share sensitive data with third-party vendors. Private clouds are also known as internal clouds or hosted clouds, which are used by organizations for various applications such as email, collaboration, content management, business process integration (BPI), online storage, virtualization software and services along with other applications requiring web presence.
Application Insights:
The banking, financial services, and insurance (BFSI) segment accounted for the largest market share in 2017. The BFSI sector is one of the leading adopters of cloud computing owing to its critical nature and need for fast and secure data processing. Cloud-based solutions help banks & other financial institutions in improving their operational efficiency by reducing costs associated with hardware & software procurement, maintenance as well as personnel requirements. Furthermore, they also help them to securely access data from remote locations through the internet by providing a secured network infrastructure on a global level. This helps them provide better service to their customers worldwide while ensuring compliance regulations are met at each location where an MFT service is used across different industries globally.
The government application segment is expected to register significant growth over the forecast period due to increasing demand for information technology (IT) services particularly in developed economies such as U.S., Canada, France Germany etcetera across various industry verticals globally which include healthcare among others).
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to early adoption of cloud technologies. The region accounted for more than 35% revenue share in 2016 and is estimated to reach nearly USD X million by 2030. Asia Pacific is projected to witness significant growth over the next eight years owing to increasing IT investments in developing countries such as China and India, thereby boosting demand for Global Cloud MFT Services (GCMFT). Additionally, growing penetration of telecom services & devices; BFSI; retail sectors will drive demand further. Europe also has a significant contribution due its large number of service providers operating within financial sector including Deutsche Bank AG & Co.; Barclays PLC; Credit Suisse Group AG & Co.; UBS AG & Co., etc.
The above-mentioned factors have contributed towards high growth rate observed in this region during recent past.
Growth Factors:
- Increased demand for cloud-based file sharing and collaboration services
- Rapid proliferation of Bring Your Own Device (BYOD) policies in organizations
- Proliferation of big data and analytics initiatives across industries
- Growing need for secure, real-time access to files from anywhere, anytime
- Increasing demand for managed file transfer (MFT) services
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud MFT Services Market Research Report
By Type
Public Cloud, Private Cloud, Hybrid Cloud
By Application
BFSI, Government, Retail, Energy Utility, Manufacturing, Telecommunication, Others
By Companies
IBM, Broadcom, Oracle, Axway Software, Citrix ShareFile, Accellion, Software AG, Wipro, Coviant Software, Saison Information System, Tibco Software
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Cloud MFT Services Market Report Segments:
The global Cloud MFT Services market is segmented on the basis of:
Types
Public Cloud, Private Cloud, Hybrid Cloud
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Government, Retail, Energy Utility, Manufacturing, Telecommunication, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Broadcom
- Oracle
- Axway Software
- Citrix ShareFile
- Accellion
- Software AG
- Wipro
- Coviant Software
- Saison Information System
- Tibco Software
Highlights of The Cloud MFT Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Public Cloud
- Private Cloud
- Hybrid Cloud
- By Application:
- BFSI
- Government
- Retail
- Energy Utility
- Manufacturing
- Telecommunication
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud MFT Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud MFT Services is a managed file transfer service that enables users to securely share files between devices. Cloud MFT Services provides a fast, reliable and secure way for users to exchange files with others across the internet.
Some of the major companies in the cloud mft services market are IBM, Broadcom, Oracle, Axway Software, Citrix ShareFile, Accellion, Software AG, Wipro, Coviant Software, Saison Information System, Tibco Software.
The cloud mft services market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud MFT Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud MFT Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud MFT Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud MFT Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud MFT Services Market Size & Forecast, 2020-2028
4.5.1 Cloud MFT Services Market Size and Y-o-Y Growth
4.5.2 Cloud MFT Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Public Cloud
5.2.2 Private Cloud
5.2.3 Hybrid Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Government
6.2.3 Retail
6.2.4 Energy Utility
6.2.5 Manufacturing
6.2.6 Telecommunication
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud MFT Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud MFT Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Public Cloud
9.6.2 Private Cloud
9.6.3 Hybrid Cloud
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Government
9.10.3 Retail
9.10.4 Energy Utility
9.10.5 Manufacturing
9.10.6 Telecommunication
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Public Cloud
10.6.2 Private Cloud
10.6.3 Hybrid Cloud
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Government
10.10.3 Retail
10.10.4 Energy Utility
10.10.5 Manufacturing
10.10.6 Telecommunication
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Public Cloud
11.6.2 Private Cloud
11.6.3 Hybrid Cloud
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Government
11.10.3 Retail
11.10.4 Energy Utility
11.10.5 Manufacturing
11.10.6 Telecommunication
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Public Cloud
12.6.2 Private Cloud
12.6.3 Hybrid Cloud
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Government
12.10.3 Retail
12.10.4 Energy Utility
12.10.5 Manufacturing
12.10.6 Telecommunication
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Public Cloud
13.6.2 Private Cloud
13.6.3 Hybrid Cloud
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Government
13.10.3 Retail
13.10.4 Energy Utility
13.10.5 Manufacturing
13.10.6 Telecommunication
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud MFT Services Market: Competitive Dashboard
14.2 Global Cloud MFT Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Broadcom
14.3.3 Oracle
14.3.4 Axway Software
14.3.5 Citrix ShareFile
14.3.6 Accellion
14.3.7 Software AG
14.3.8 Wipro
14.3.9 Coviant Software
14.3.10 Saison Information System
14.3.11 Tibco Software
