Press Release

May, 31 2023

Increased Demand for Computers with High-Performance Capabilities is Expected to Drive the Global Mainframe Market

A tool that reduces the danger of data exposure, satisfies regulatory compliance requirements and upholds unified enterprise security is mainframe security. Moreover, these are referred to as a huge-sized computers which has the capability to store bulk data, processing power, and a higher level of reliability. This system is an integration of hardware and software offerings that are majorly applied in ERP, transaction, census industry, and many others. The mainframes were housed in room-sized metal frames that occupied 2,000-10,000 square feet. Newer mainframes are about the size of a large refrigerator to fit in the modern data center more easily. These systems will automate the business process of all size types of enterprises related to various industries such as BFSI, IT, retail, manufacturing, and many others.

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Data Bridge Market Research analyses that the Global Mainframe Market is expected to reach USD 7,089,245.17 thousand by 2030 from USD 5,175,414.63 thousand in 2022, growing with a substantial CAGR of 4.1% in the forecast period of 2023 to 2030.

Key Findings of the Study

Mainframe Market

Growing Adoption of Digital Technologies in Mainframe

The global mainframe market consists of many global players. These companies produce competitive prices, various types of solutions, and innovative products with services across the globe. Due to the presence of the players at regional and international levels, suppliers and manufacturers offer products and services with different solutions and features for all budgets. Increased demand for computers with high-performance capabilities is majorly driving the global mainframe market. Moreover, the Emergence of the application of mainframes in new technologies is further driving the market. However, high competition from cloud-based platforms is expected to restrain the market growth. Furthermore, the involvement of complexity in UI/development tools is expected to challenge market growth. However, increasing adoption of mainframe modernization is expected to provide lucrative opportunities for market growth.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in Thousand, Volumes in Units, and Pricing in USD

Segments Covered

Offering (Hardware, Software, and Services), Application (Census Industry, Consumer Statics, ERP and Transaction), Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), End Use (BFSI, IT and Telecom, Government and public sector, Healthcare, Retail, Travel and Transportation, Manufacturing, Others)

Countries Covered

U.S. Canada and Mexico, China, Japan, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific, U.K., Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Turkey, Belgium, and Rest of Europe, South Africa, Egypt, U.A.E., Saudi Arabia, Israel, and Rest of Middle East and Africa, Brazil, Argentina, and rest of South America

Market Players Covered

IBM Corporation (U.S), Broadcom (U.S), DXC Technology Company (U.S.), Hewlett Packard Enterprise Development LP (U.S), Hitachi Vantara LLC (Japan), Accenture (Ireland), Atose SE (France), BMC Software, Inc. (U.S.), Cognizant (U.S.), CPT Global (Australia), CSI International (U.S.), Dell Inc. (U.S), Fujitsu (Japan), HCL Technologies Limited (India), Infinidat (Israel), Infosys Limited (India), ISI Australia (Australia), Kinetic IT (Australia), Kyndryl Inc (U.S), LZ labs (Switzerland), Mainframe Cloud Pty Ltd (Australia), NEC Corporation (Japan), Rocket Software, Inc. (U.S.), Software AG (Germany), Software Diversified Services (U.S), Software Engineering of America, Inc. (U.S.), TATA Consultancy Services Limited (India), UNICOM Systems, Inc. (U.S.), Unisys (U.S.), Wipro (India)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, poster’s model analysis, pestel analysis, pricing analysis, and regulatory framework

Segment Analysis:

  • The global mainframe market is segmented into four notable segments based on offering, application, organization size, and end use
  • On the basis of offering, the global mainframe market is segmented into hardware, services, and software. In 2023, the hardware segment is expected to dominate the global mainframe market with 43.32% market share.

In 2023, the hardware segment is expected to hold the major market share in the offering segment due to increased demand for computers with high-performance capabilities.

  • On the basis of application, the global mainframe market is segmented into transaction, ERP, census industry, and consumer statics. In 2023, the transaction segment is expected to dominate the global mainframe market with 42.83% market share
  • On the basis of organization size, the global mainframe market is segmented into large enterprises and small and medium-sized enterprises. In 2023, the large enterprises segment is expected to dominate the global mainframe with 73.60% market share.

In 2023, the large enterprises segment is expected to hold the major market share in the organization size segment

  • On the basis of end use, the global mainframe market is segmented into BFSI, IT and telecom, healthcare, government and public sector, retail, travel and transportation, manufacturing, and others. In 2023, BFSI is expected to dominate the global mainframe market with 31.66% market share.

Major Players

Data Bridge Market Research recognizes the following companies as the major key players in the global mainframe market IBM Corporation (U.S), Broadcom (U.S), DXC Technology Company (U.S.), Hewlett Packard Enterprise Development LP (U.S), Hitachi Vantara LLC (Japan), Accenture (Ireland), Atose SE (France), BMC Software, Inc. (U.S.), Cognizant (U.S.), CPT Global (Australia), CSI International (U.S.), Dell Inc. (U.S), Fujitsu (Japan), HCL Technologies Limited (India), Infinidat (Israel), Infosys Limited (India), ISI Australia (Australia), Kinetic IT (Australia), Kyndryl Inc (U.S), LZ labs (Switzerland), Mainframe Cloud Pty Ltd (Australia), NEC Corporation (Japan), Rocket Software, Inc. (U.S.), Software AG (Germany), Software Diversified Services (U.S), Software Engineering of America, Inc. (U.S.), TATA Consultancy Services Limited (India), UNICOM Systems, Inc. (U.S.), Unisys (U.S.), Wipro (India) among others

Mainframe Market

Market Development

  • In April 2023, Hitachi Vantara LLC announced the strengthening of the collaboration with Equinix to provide and enhance joint solutions to focus on data center services. This collaboration will help the company in accelerating and achieving both sustainability and digital transformation which will enhance the product portfolio of the company.
  • In April, BMC Software Inc. announced the latest updates and rebranding of its Mainframe-focused software portfolio. The company announced a fresh branded portfolio of software, under the BMC AMI DevX moniker and a raft of their updates, that endeavor to empower developers to create mainframe applications easier and at scale. This development enhanced the company’s financials and it made the superior product portfolio of the company.
  • In March 2023, Broadcom announced that the company has been awarded for ‘impact innovation award’ by Computer Measurement Group. This award was shaped to identify individuals and teams who had driven IT improvements to drive significant change and extraordinary outcomes within their organizations. The company has worked on a project called Precision MSE. Company management said that this recognition is a validation not only of this platform they are building but also of the investment Broadcom Mainframe Software is making in modernizing the mainframe experience for the customers they partner with. This development has enhanced the company’s image among its competitors and clients.
  • In December 2022, IBM Corporation announced a strategic partnership with AWS to drive mainframe modernization. IBM Ecosystem partners have been clear to bring maximum value for their joint clients. Through this partnership, both companies have enhanced their mainframe product portfolio and it made a superior impact on the growth of the global mainframe market.
  • In June 2022, Accenture agreed to acquire Allgemeines Rechenzentrum GmbH (ARZ) which is a technology service provider focused on the banking sector in Austria. This acquisition has enhanced the company’s operations in the banking sector, as the company has developed superior mainframe platforms and products for the banking sector.

Regional Analysis

Geographically, the countries covered in the global mainframe market report are U.S. Canada and Mexico, China, Japan, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific, U.K., Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Turkey, Belgium, and Rest of Europe, South Africa, Egypt, U.A.E., Saudi Arabia, Israel, and Rest of Middle East and Africa, Brazil, Argentina, and rest of South America

As per Data Bridge Market Research analysis:

North America is the dominant region in the mainframe market globally during the forecast period 2023 - 2030

In 2023, North America is expected to dominate the global mainframe market due to the increased demand for computers with high-performance capabilities of mainframe solutions across various industries.

Asia-Pacific is estimated to be the fastest growing region in the global mainframe market in the forecast period 2023 - 2030

Asia-Pacificregion is expected to be the fastest growing region in global mainframe market, growing with a CAGR of 4.6% in the forecast period of 2023 to 2030.

For more detailed information about the global mainframe market report, click here –  https://www.databridgemarketresearch.com/reports/global-mainframe-market


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