The rise in the pressure on different businesses to manage a greater volume, and variety of transactions due to the ongoing trend of digitization and mobility are the key factors that drive the Mainframe Market growth. —
Increase in demand for high performance computing, development of IoT landscape, and surge in adoption of mainframe as a service drive the growth of the global mainframe market. On the other hand, dearth in mainframe skilled professionals and high costs check the growth to some extent. However, incorporation of blockchain technology with mainframe and on-going mainframe modernization are expected to create a number of lucrative opportunities for the key players in the market
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.
Based on industry vertical, 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 others segment, on the other hand, is expected to grow at the highest CAGR of 6.5% during the study period.
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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.
Profiling Key Players: BMC Software, Inc., CA Technologies, Compuware Corporation, Dell EMC, Fujitsu Ltd., HCL, Hewlett-Packard, IBM Corporation, NEC Corporation, and Unisys Corporation.
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