Press release
Global Mainframe Market is projected to expand at a steady CAGR over the forecast
Global Mainframe Market size was valued at $2.9 billion in 2020 and is expected to reach $3.7 billion by 2025, growing at a CAGR of 4.9% during the forecast period.Mainframes have been an integral part of the computing world for decades. These powerful machines have helped organizations across industries process large amounts of data with high efficiency, reliability, and security. Despite the rise of other computing technologies, mainframes remain an essential component of many business operations.
In this article, we will explore the global mainframe market and provide insights into its current state and future trends. Our aim is to help businesses make informed decisions about their technology investments and to provide a valuable resource for anyone interested in the mainframe industry.
Large enterprises utilise mainframes for mission-critical applications that need processing enormous amounts of data. These systems are renowned for their substantial processing and storage capacity, high level of dependability, and security. The main reasons driving the growth of the mainframe market are the increasing strain on various enterprises to manage a bigger volume and variety of transactions as a result of the ongoing trends of digitization and mobility. The mainframe hardware and software solutions are regarded as being excellent for increasing amounts of transactions and data sets since they have the ability to support a large number of concurrent users and applications accessing the same data without interfering with each other.
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The development of the IoT environment, the rise in massive data sets, and the expansion of mainframe as a service are all factors that are propelling the growth of the worldwide mainframe market. Over the projection period, it is also anticipated that mainframe cost difficulties and a lack of personnel with the necessary skills would have a significant impact on the market's expansion. Additionally, it is anticipated that ongoing mainframe modernization and the incorporation of blockchain in mainframe will be advantageous for the global mainframe market during the anticipated time frame. These elements work together to create prospects for market expansion. Each component does, however, clearly affect the market.
due to the banking industry's widespread use of mainframe technology to handle the rise in workloads associated with financial transactions throughout its borders. Nonetheless, the retail sector is anticipated to expand at the fastest rate due to the continuous trend of the retail industry's digitalization and the rise in demand for providing distinctive in-store experiences, both of which increase the need for mainframe solutions.
Major Prominent Key Players of Mainframe Market
Microsoft (U.S.)
IBM (U.S.)
Cloudera Inc. (U.S.)
Informatica (U.S.)
Tata Consultancy Services Limited (India)
Zaloni (U.S.)
Google LLC (U.S.)
Snowflake Inc. (U.S.)
Exacaster (Lithuania)
Upsolver (U.S.)
Oracle. (U.S.)
Amazon Web Services Inc. (U.S.)
SAS Institute Inc. (U.S.)
Teradata (U.S.)
Cazena Inc. (U.S.)
Atos SE (France)
Temenos Headquarters SA (Switzerland)
Dremio (U.S.)
Koverse Inc. (U.S.)
BigStep (India)
Global Mainframe Market: By Types
z Systems
ClearPath Dorado Systems
GS21 Series
Global Mainframe Market: By Applications
Cloud
Big Data
Mobile
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Global Mainframe Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Mainframe market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Mainframe market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Mainframe would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
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