openPR Logo
Press release

Mainframe Market: An Overview

09-19-2024 02:05 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Mainframe Market

Mainframe Market

Introduction:

Mainframes are powerful computing systems known for their ability to process large volumes of data and support thousands of simultaneous users. Traditionally used in sectors like banking, government, and insurance, these systems have maintained their relevance in the modern era of computing. Mainframes offer high performance, stability, scalability, and security, making them an essential part of critical business operations. Despite the rise of cloud computing and distributed systems, the demand for mainframes remains strong, driven by the need for robust transaction processing and high reliability.

Market Size:

Data Bridge Market Research analyses that the global mainframe market is expected to reach a value of USD 7,089,245.17 thousand by 2030, at a CAGR of 4.1% during the forecast period. The global mainframe market report also comprehensively covers pricing analysis, patent analysis, and technological advancements.

https://www.databridgemarketresearch.com/reports/global-mainframe-market

Some of the major players operating in the global mainframe market are IBM Corporation, Broadcom, DXC Technology Company, Hewlett Packard Enterprise Development LP, Hitachi Vantara LLC, Atose SE, BMC Software, Inc., Cognizant, CPT Asia-Pacific, CSI International, Dell Inc., Fujitsu, HCL Technologies Limited, Infinidat, Infosys Limited, ISI Australia, Kinetic IT, Kyndryl Inc, LZ labs, Mainframe Cloud Pty Ltd, NEC Corporation, Rocket Software, Inc., Software AG, Software Diversified Services, Software Engineering of America, Inc., TATA Consultancy Services Limited, and UNICOM Systems among others.

Market Share:

The mainframe market is primarily led by a few key players, with IBM being the dominant force, holding over 80% of the market share. IBM's zSeries mainframes are widely regarded as the gold standard in the industry, known for their superior performance, reliability, and security features. Other players, such as Fujitsu and Unisys, also hold notable market share, offering their own mainframe systems, particularly in Asia and Europe.

Banking, financial services, and insurance (BFSI) remain the largest end-users of mainframes, accounting for over 45% of the market share. These industries depend heavily on mainframes for transaction processing, fraud detection, and data analytics. Other sectors such as government, healthcare, and retail also contribute to the market, relying on mainframes for data security, regulatory compliance, and scalability.

Market Trends:

Several trends are shaping the future of the mainframe market. One major trend is the modernization of mainframe systems. Many organizations are transitioning from legacy systems to modernized mainframes that offer improved performance, cloud integration, and advanced analytics capabilities. Hybrid cloud environments, where mainframes work alongside cloud infrastructure, are becoming increasingly popular, allowing businesses to leverage the best of both worlds-scalability and security.

Another trend is the integration of artificial intelligence (AI) and machine learning (ML) technologies into mainframe systems. AI-powered mainframes can analyze large datasets in real-time, enabling businesses to make faster, data-driven decisions. These advanced capabilities are especially valuable in sectors like finance, where real-time fraud detection and risk analysis are critical.

Mainframe-as-a-Service (MaaS) is also gaining traction, allowing businesses to access mainframe computing power through cloud-based platforms. This trend is particularly appealing to smaller enterprises that may not have the resources to invest in dedicated mainframe infrastructure but still require high-performance computing.

The continued focus on cybersecurity is another important trend in the mainframe market. With increasing threats to data security, mainframes remain a preferred choice for organizations that require robust protection for sensitive information. The integration of advanced encryption, access controls, and real-time monitoring tools is further enhancing the security features of mainframes.

Market Growth:

The mainframe market is experiencing steady growth, driven by several key factors. One of the primary drivers is the continued reliance on mainframes for critical business operations in industries like banking, healthcare, and government. These sectors require systems that can handle large-scale data processing, ensure high uptime, and provide strong security measures, all of which mainframes excel at.

The shift toward digital transformation is also contributing to market growth. As organizations embrace new technologies such as AI, cloud computing, and big data analytics, mainframes are evolving to support these advancements. Modern mainframe systems are increasingly capable of integrating with cloud platforms, offering businesses greater flexibility and scalability.

Moreover, the rising demand for secure computing environments is propelling the growth of the mainframe market. With the increasing frequency of cyberattacks and data breaches, organizations are prioritizing data security. Mainframes, known for their robust security features, are seen as a trusted solution for protecting sensitive information.

Market Demand:

The demand for mainframes is being driven by several key factors. One of the most significant is the need for reliable, high-performance computing systems in industries that process vast amounts of data. Mainframes are particularly valuable in sectors such as finance, healthcare, and retail, where large-scale transaction processing, real-time analytics, and regulatory compliance are essential.

The growing adoption of big data analytics is also fueling demand for mainframes. These systems can process massive datasets efficiently, making them ideal for businesses that rely on data-driven insights for decision-making. As more organizations adopt data analytics to gain a competitive edge, the need for high-performance computing platforms like mainframes is expected to rise.

Additionally, the increasing complexity of IT environments is driving demand for mainframe systems. Many organizations are operating hybrid IT environments that combine on-premise data centers with cloud infrastructure. Mainframes play a critical role in these environments, offering the scalability, reliability, and security needed to manage complex workloads.

The ongoing need for data security and regulatory compliance is another factor driving demand for mainframes. Industries such as banking and healthcare are subject to strict regulations regarding data privacy and security. Mainframes offer advanced encryption, real-time monitoring, and access controls, helping organizations meet regulatory requirements and protect sensitive information.

Factors Driving Growth:

Several factors are driving the growth of the mainframe market. One of the key drivers is the increasing volume of data being generated by businesses. As organizations generate and process more data than ever before, the need for high-performance computing systems like mainframes is growing. Mainframes are well-suited to handle large-scale data processing and analytics, making them a valuable asset for data-intensive industries.

Technological advancements are also playing a critical role in market growth. The modernization of mainframe systems, including the integration of AI, machine learning, and cloud capabilities, is making mainframes more versatile and appealing to businesses. These innovations are enabling mainframes to support new use cases, such as real-time fraud detection, predictive analytics, and hybrid cloud environments.

The rising demand for cybersecurity solutions is another factor contributing to the growth of the mainframe market. With the increasing number of cyberattacks targeting businesses, organizations are investing in secure computing environments. Mainframes, known for their robust security features, are becoming a preferred choice for protecting sensitive data and ensuring compliance with industry regulations.

Finally, the expansion of emerging markets, particularly in the Asia-Pacific region, is driving growth in the mainframe market. As industries such as finance, telecommunications, and government expand in these regions, the demand for reliable, scalable computing systems is increasing. Mainframes are being adopted to support critical business operations and manage the growing volume of data in these markets.

Conclusion:

The mainframe market is poised for continued growth, driven by increasing demand for secure, high-performance computing systems. While the market is dominated by key players such as IBM, the modernization of mainframe systems, the integration of AI and cloud technologies, and the rising importance of data security are shaping the future of the market. With steady growth expected across industries like finance, healthcare, and government, mainframes will remain a critical part of the IT infrastructure for businesses worldwide.

Browse Trending Reports:

https://xingsh.blogspot.com/2024/09/plastic-surgery-devices-market-size_19.html

https://xingsh.blogspot.com/2024/09/herbal-beverages-market-size-share_19.html

https://xingsh.blogspot.com/2024/09/pneumococcal-vaccine-market-size-share_19.html

https://xingsh.blogspot.com/2024/09/vacuum-packaging-market-size-share_19.html

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC : +653 1251 975

Email: corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mainframe Market: An Overview here

News-ID: 3661116 • Views:

More Releases from Data Bridge Market Research

Water Treatment System Market: Sustaining the Future of Clean Water
Water Treatment System Market: Sustaining the Future of Clean Water
Introduction Understanding Water Treatment Systems Water treatment systems are designed to purify and disinfect water for various uses-drinking, industrial processes, irrigation, and wastewater reuse. These systems eliminate contaminants such as bacteria, viruses, heavy metals, chemicals, and particulates, making water safe and sustainable for consumption and use. Importance in Global Sustainability Clean water is essential to life and industrial progress. With growing water demand and pollution, water treatment systems are now critical infrastructure across the
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
According to Data Bridge Market Research The global Veterinary X-Ray market size was valued at USD 915.19 million in 2024 and is projected to reach USD 1576.00 million by 2032, with a CAGR of 7.03 % during the forecast period of 2025 to 2032. With increasing globalization and digital disruption, the Equine X-Ray Solutions Market is expanding across multiple industries, . Market research data indicates that businesses in the Companion Animal
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
According to Data Bridge Market Research The global Veterinary X-Ray market size was valued at USD 915.19 million in 2024 and is projected to reach USD 1576.00 million by 2032, with a CAGR of 7.03 % during the forecast period of 2025 to 2032. With increasing globalization and digital disruption, the Equine X-Ray Solutions Market is expanding across multiple industries, . Market research data indicates that businesses in the Companion Animal
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
According to Data Bridge Market Research The global Veterinary X-Ray market size was valued at USD 915.19 million in 2024 and is projected to reach USD 1576.00 million by 2032, with a CAGR of 7.03 % during the forecast period of 2025 to 2032. With increasing globalization and digital disruption, the Equine X-Ray Solutions Market is expanding across multiple industries, . Market research data indicates that businesses in the Companion Animal

All 5 Releases


More Releases for Mainframe

Mainframe- Get Sample PDF Copy
The Mainframe Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth. Legacy mainframe systems in most organizations need up-to-date modernization and optimization for better performance, scalability, and security. There's
Mainframe Market: A Timeless Technology
The mainframe market, while often overshadowed by newer technologies, remains a critical component of many organizations' IT infrastructure. Mainframes are powerful computer systems that are highly reliable, secure, and capable of processing large volumes of data. Market Size and Growth The global mainframe market is estimated to be worth billions of dollars, with a significant portion of the growth coming from industries like finance, insurance, and telecommunications. While the market may not
Mainframe Identity Management Market 2021 | Detailed Report
The Mainframe Identity Management research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about the Mainframe
We Need to Talk About 'Mainframe'
Mainframes are large sized computers with the ability to store bulk data, processing power and higher level of reliability. They are designed with the ability to replace hundreds of servers. Mainframes are used to host multiple operating systems. It plays an important function in providing safety and security to data and their services that are critical for large organizations and governments. Mainframes has wide applications including airline ticketing system, credit
Global Mainframe Market 2016 - IBM, Unisys, Fujitsu
Report On 2016 Global Mainframe Industry provides a deep analysis of the Mainframe market. Global Mainframe Consumption Price, Mainframe Market Size (Volume and Value) and End Users Analysis. In the beginning, (Worldwide Mainframe Market-2016) provides a basic overview of the Mainframe industry including definitions, classifications, applications and Mainframe industry chain structure. The Mainframe market analysis is provided for the international market, which includes Mainframe industry development history, competitive landscape analysis and
Grid‐Tools Ltd announces the launch of Datamaker for Mainframe, which now supp …
Oxford, UK - Grid-Tools Limited, a leading vendor of data generation, test data management and information lifecycle management software, announces their new support with IBM Mainframe data sources. Test data management tools – now with no limitations Grid-Tools are pleased to announce that their internationally known data generation software tool, Datamaker, now has integration with IBM Mainframe data sources such as; IBM z/OS, OS/390, MVS, IMS/DB, DL/1, VSE, z/VSE, VM, ADABAS,