Press release
Mainframe Market Still Has Room to Grow | Kyndryl Inc, Software Diversified Services UNICOM Systems, Inc.
Some of the Top Leading Key Players:
Kyndryl Inc (United States), Rocket Software, Inc. (United States), Software Diversified Services (United States), Software Engineering of America, Inc. (United States), UNICOM Systems, Inc. (United States), Unisys (United States), Atos SE (France), LZ labs (United Kingdom), Software AG (Germany), CPT Global (Australia), Fujitsu (Japan), HCL Technologies Limited (India), Infosys Limited (India), ISI Australia (Australia), Kinetic IT (Australia), Mainframe Cloud Pty Ltd (Australia), NEC Corporation (Japan), TATA Consultancy Services Limited (India), Wipro (India), other Active Players
Mainframe Market Size Was Valued at USD 3.6 Billion in 2023, and is Projected to Reach USD 5.2 Billion by 2032, Growing at a CAGR of 5.4% From 2024-2032.
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A mainframe refers to a type of computer system utilized by organizations for critical functions such as data processing, transaction handling, and ERP. Mainframes are known for their reliable performance, capacity to manage vast quantities of data, and robust security features. For numerous years, they have been a vital component of computing systems, particularly in industries like banking, finance, government, and telecommunications. Mainframes can operate several operating systems and support thousands of users simultaneously, enabling them to effectively handle extensive workloads.
Segmentation Analysis of the Mainframe Market
By Offering
• Hardware
• Services
• Software
By Application
• Transaction
• ERP
• Census Industry
• Consumer Statics
By Organization Size
• Large Enterprises
• Small and Medium-Sized Enterprises
By End-Use
• BFSI
• IT and Telecom
• Healthcare
• Government and Public Sector
• Retail
• Travel and Transportation
• Manufacturing
• Others
Mainframe Market Trend Analysis
Various elements propel the expansion of the mainframe market. The rapid increase in data creation in various sectors requires systems that can handle large volumes of information swiftly and safely. As companies increasingly depend on mainframes for their enterprise application processing, these systems have emerged as the foundation of operations in numerous large organizations. Mainframes are becoming even more vital for ensuring strict security and compliance standards, particularly in industries such as finance and healthcare, where safeguarding data is essential.
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Key Industry Developments in the Mainframe Market:
• In January 2024, IBM announced that it signed a definitive agreement to acquire application modernization capabilities from Advanced. This acquisition brought a combination of talent, tools, and knowledge to enhance IBM Consulting's mainframe application and data modernization services. The acquisition further enabled IBM to support clients' mainframe application modernization journeys, marking another significant step forward in IBM's hybrid cloud and AI strategy.
Regional Analysis
North America currently holds the leading position in the mainframe market.
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Strategic Points Covered in Table of Content of Mainframe Market:
Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Mainframe Market Landscape
Chapter Four: Mainframe Market by Type
Chapter Five: Mainframe Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Mainframe Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology
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