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Mainframe Modernization Services Market Analysis by Recent Trends, Growth Projections and Competitive Analysis till 2028

09-27-2022 02:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

Mainframe Modernization Services Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Services (Application Modernization, Cloud Migration, Data Modernization); End-Use Industry (IT and Telecom, BFSI, Retail, Healthcare, Government, Media and Entertainment, Manufacturing, Education, Others); Enterprise Size (SMEs, Large Enterprises) and Geography

Mainframe modernization is a one-of-a-kind service that allows you to transition your mainframe workloads from on-premises to an AWS managed runtime environment. Replatforming and automatic refactoring are two typical migration methods enabled by Mainframe Modernization.

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IMPACT OF COVID-19 ON MAINFRAME MODERNIZATION SERVICES MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the mainframe modernization services market. Many companies now operate their businesses on online platforms due to the lockdown conditions. Therefore, the demand for mainframe modernization services is increasing during COVID-19 and is also set to increase during the forecast period to ensure more safety and proper record for future reference.

REGIONAL INSIGHTS:
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global mainframe modernization services market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The mainframe modernization services market by each region is later sub-segmented by respective countries and segments. The mainframe modernization services market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the mainframe modernization services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the mainframe modernization services market in these regions.

MARKET SEGMENTATION
The global mainframe modernization services market is segmented based on services, end-use industry, enterprise size. Based on the services, the mainframe modernization services market is segmented into application modernization, cloud migration, data modernization. Based on the end-use industry, the mainframe modernization services market is segmented into IT and telecom, BFSI, retail, healthcare, government, media and entertainment, manufacturing, education, others. Based on enterprise size, the mainframe modernization services market is segmented into SMEs, large enterprises.

MARKET SCOPE
The "Global Mainframe Modernization Services Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The mainframe modernization services market report aims to provide an overview of the mainframe modernization services market with detailed market segmentation by services, end-use industry, enterprise size, and geography. The global mainframe modernization services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading mainframe modernization services market player and offers key trends and opportunities in the market.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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