MFTPaaS Market Analysis

The market is bifurcated by installation into on-premise, and cloud-based out of which, the cloud-based segment is anticipated to hold the largest share in the global MFTPaaS market over the forecast period, on account of increasing penetration of cloud computing, and dependence on cloud-based database amongst various end-user industries. Moreover, numerous major companies rely on cloud computing technology to access and transfer the large volumes of data, which is estimated to boost the market growth.

On the basis of end-user, the market is segmented into BFSI, retail, manufacturing, energy & utility, IT & telecommunication, and others. Among these, the BFSI (banking, financial services, and insurance) segment is estimated to gain notable growth over the forecast period, owing to the involvement of large amounts of sensitive data in the BFSI sector, along with increasing demand to ensure safe transfer of the data.

Our in-depth analysis of the global market includes the following segments:

By Type

System-centric File Transfer
People-centric File Transfer
Extreme File Transfer
Others

By Installation

On-Premise
Cloud-Based

By End-User

BFSI
Retail
Manufacturing
Energy & Utility
IT & Telecommunication
Others

Frequently Asked Questions (FAQ)

MFTPaaS Market size is anticipated to witness lucrative growth rate during the forecast period i.e., between 2024-2036.

Increasing adoption of cloud computing technologies amongst industries, will boost the market growth.

Asia Pacific industry is estimated to account for largest revenue share by 2036, attributed to increasing penetration of technology, such as, cloud computing and IoT.

The major players in the market are Teradata Corporation, Oracle Corporation, Axway Software, Citrix Systems, Kiteworks Inc., Wipro Limited, Saison Information Systems Co. Ltd., TIBCO Software Inc., and others.

MFTPaaS Market Analysis