The latest research study “Mainframe Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global mainframe market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.
A mainframe refers to a central data repository in a data processing center of a corporation linked to users with terminals and workstations. It possesses the ability to protect complex transactional and operational rules and policies, handle high-volume input and output (I/O) and run multiple operating systems. It also offers flexibility, access and data security and supports new services and markets to cater to competitive challenges and device variety. In recent years, mainframe has gained traction due to the dependence of various industry verticals on it to host commercial databases, transaction servers, and applications needing high security and availability.
Global Mainframe Market Trends and Drivers:
One of the primary factors driving the market is the enhanced performance and cost of hardware sources, including a central processing unit (CPU) and external storage media. Additionally, the increasing focus on constantly re-evaluating business IT strategies to support changing marketplace is escalating the demand for mainframes.
Other than this, the integration of mainframes with advanced technologies to expand application assets and support on-premises, new cost models, and cloud solutions is creating a positive market outlook. Furthermore, the rising investments to update conventional core systems for digital transformation and innovation of process strategies, applications, and IT infrastructure are accelerating the product adoption rate.
Moreover, the launch of multipurpose and flexible versions that can effectually reconfigure the hardware and software resources, such as memory, device connections, and processors, is strengthening the market growth.
Global Mainframe Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Mainframe Companies:
Hewlett Packard Enterprise Company, Infosys Limited, International Business Machines Corporation, Atos SE, BMC Software Inc, Broadcom Inc., Dell Technologies Inc., DXC Technology Company, Fujitsu Limited, HCL Technologies Limited (HCL Enterprise), NEC Corporation (AT&T Inc.) and Wipro Limited.
The report has segmented the market on the basis of type, industry vertical and region.
Breakup by Type:
- Z Systems
- GS Series
- Others
Breakup by Industry Vertical:
- BFSI
- IT and Telecom
- Government and Public Sector
- Retail
- Travel and Transportation
- Manufacturing
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800