The study includes the analytical depiction of the global mainframe market trends and future estimations to determine the imminent investment pockets.
PORTLAND, PORTLAND, OR, UNITED STATE, March 15, 2023 /EINPresswire.com/ — According to the report published by Allied Market Research, the global mainframe market was estimated at $2.09 billion in 2017, and is expected to hit $2.90 billion by 2025, registering a CAGR of 4.3% from 2018–2025.
The report provides a detailed analysis of the market, including top investment pockets, industry drivers and restraints, market size & forecast, market classification, and competitive scenario.
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Growth in demand for high-performance computing, development of the IoT landscape, and rise in adoption of the mainframe as a service fuel the growth of the global mainframe market. On the other hand, the lack of mainframe skilled professionals and high costs restrain growth to a certain extent.
Nevertheless, the integration of blockchain technology with mainframe and ongoing mainframe modernization is expected to create a number of lucrative opportunities in the market.
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Based on the industry verticals, the BFSI segment is anticipated to continue its top status and garner more than one-quarter of the total market share during the estimated period. At the same time, the retail segment is projected to showcase the highest CAGR of 6.9% throughout 2018–2025,
Based on the component, the Z systems segment accounted for more than four-fifth of the total market share in 2017 and is expected to dominate through 2018–2025. The other segment, on the other hand, is expected to grow at the highest CAGR of 6.5% during the study period.
Based on geography, North America generated more than two-fifth of the total revenue in 2017 and is predicted to lead the trail till 2025. Simultaneously, the Asia-Pacific region is assumed to garner the highest growth rate of 6.5% during the estimated period.
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The key market players analyzed in the global mainframe market report include NEC Corporation, CA Technologies, Dell EMC, Unisys Corporation, Fujitsu Ltd., BMC Software, Inc., HCL, Hewlett-Packard, Compuware Corporation, and IBM Corporation. These market players have adopted several strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their foothold in the industry.
Key Benefits for Mainframe Market:
• This study includes the analytical depiction of the global mainframe market trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities.
• The current mainframe market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the global mainframe industry.
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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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