Press release
Mainframe Market Size, Share and Growth Analysis for 2024-2031 - IBM Corporation, Broadcom, DXC Technology Company.
Global Mainframe Market reached USD 2.3 billion in 2023 and is expected to reach USD 3.9 Billion by 2031, growing with a CAGR of 7.2% during the forecast period 2024-2031.Mainframe Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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A mainframe is a powerful, high-performance computer used by large organizations for critical applications, including banking, healthcare, and government operations. It supports multiple users and transactions simultaneously with high reliability and security.
List of the Key Players in the Mainframe Market:
IBM Corporation, Broadcom, DXC Technology Company, Hitachi Vantara LLC, Hewlett-Packard, ATOS SE, BMC Software Inc., Cognizant and Dell Inc.
Industry Development:
In December 2022, IBM, a multinational technology company based in the U.S., announced its partnership with AWS to accelerate mainframe modernization. This collaboration aims to deliver greater value to their joint clients, with both companies enhancing their mainframe product portfolios. The partnership has had a significant impact on the global mainframe market, driving its growth and enabling more efficient and scalable solutions for businesses worldwide.
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Growth Forecast Projected:
The Global Mainframe Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Mainframe Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Mainframe Market:
By Type: Z Systems, GS Series, Others.
By Organization Size: Large Enterprises, Small and Medium Enterprises.
By Application: Transaction, ERP, Census Industry, Others.
By Offering: Hardware, Software, Services.
By End-User: BFSI, IT and Telecom, Healthcare, Government and Public Sector, Retail, Manufacturing, Others.
Regional Analysis for Mainframe Market:
The regional analysis of the Mainframe Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Mainframe market?
➠ Who are the leading manufacturers in the global Mainframe industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Mainframe industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Mainframe market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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